CMSD - CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079
Operating primarily in Michigan, CMS Energy Corporation functions as an energy provider, structured into three principal divisions: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment manages the full spectrum of electricity services, from generating power using a varied portfolio including coal, wind, gas, renewable sources, oil, and nuclear, to its purchase, transmission, distribution, and ultimate sale. This division maintains a substantial infrastructure, featuring extensive overhead and underground distribution lines, numerous substations, and several battery facilities.
- Sector
- Utilities
- Industry
- Regulated Electric
- Market Cap
- $6.61B
- P/E Ratio
- 20.83
- Beta
- 0.46
- 52-Week Range
- 21.52-24.76
- Dividend Yield
- $1.47
- CEO
- Garrick J. Rochow
- Employees
- 8,324
- IPO Date
- Feb 21, 2019
- Exchange
- NYSE
CMSD Options Snapshot
Options pricing data for CMSD is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The CMSD overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.
Frequently asked CMSD overview questions
- What is CMSD?
- CMSD is the ticker symbol for CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079, a listed security. Operating primarily in Michigan, CMS Energy Corporation functions as an energy provider, structured into three principal divisions: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment manages the full spectrum of electricity services, from generating power using a varied portfolio including coal, wind, gas, renewable sources, oil, and nuclear, to its purchase, transmission, distribution, and ultimate sale. Listed on NYSE. CMSD is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
- What are CMSD's key statistics?
- CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 (CMSD) carries a market capitalization of $6.61B, trailing P/E ratio of 20.83, beta of 0.46 relative to the broader market, 52-week range of 21.52-24.76. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
- What sector or industry does CMSD belong to?
- CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 operates in the Utilities sector, in the Regulated Electric industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare CMSD's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the CMSD data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for CMSD, it usually reflects low options liquidity or a recently listed name. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).