File: CMSUtilities · Large capCLIPPED · 2026-11-04
CMSCMS Energy
Mkt cap $21B
Sector benchmark XLU
Sector benchmark XLU
70.98
+1.4%
±4.5%into Nov 2067.53–73.83±4.5%monthly67.53–73.83Pullback · —Knife · TurnedMomentum · —DP short-vol · 72% ▴ above 20d
Price · 6 months · daily
6m high78.81
6m low62.60
Vol vs 20d avg1.1×
Off 52-wk high-10.5%
CMS dark pool FINRA · T+1
Short-vol ratio72% · above 20d
Off-exchange share33%
vs own 1-yr (z)1.7
CMS sector RS vs XLU
−0.0%vs XLU · 63 sessions
CMS vs XLU · 3m−0.0%
CMS vs XLU · 6m+1.3%
ratio of closes, rebased — a relative read, not a peer percentile
CMS gamma profile CBOE delayed
Call wall75.00
Zero-gamma77.50
Put wall65.00
Spot vs zero-γ8.4% below
Dealer posturelong gamma · dampens moves
nearest expiry 2026-11-20 · as of 2026-11-05 · heuristics · full profile →
CMS fundamentals SEC filings · TTM
P/Etrailing22x
P/Elast FY20x
P/E3-yr median21x
EPStrailing$3.27
EPSFY to Dec 2025$3.52
Revenue$8.8B · +10%
Income$1.0B · +0.3%
Margin18.9%
10-Q · filed 28 Jul 2026 · Fundamentals as of 2026-11-04 · latest session 2026-11-05
CMS earnings reactions two-session move
1.7%typical move
Oct 2023 → Jul 2026
Revenue and profit by quarter
PriceRevenueProfit
$2.7B
FY23 Q4
FY24 Q2
FY24 Q4
FY25 Q2
FY25 Q4
FY26 Q2
P/E history
PriceP/E3-yr median
CMS dividends per share · Yahoo · SEC
Yield3.2%
Payout—
Cash payout—
Growth+5% · +6%/yr
Years of growth16+
Shareholder yield—
Paidtrailing 12m$2.25
Last paid$0.57 · ex 7 Aug 2026
Dividend history
RegularTo date
$2.17
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
to date
CMS gamma history nightly
25 Sep → 5 Nov · full history →
CMS session over session 4 Nov → 5 Nov
Expected move · monthly 20 Nov4.46%+1.22 pp
Call and put wallheld their strikes
full listed chain, a separate capture from the gamma panel · CBOE delayed
Auto-note //Sitting below zero-gamma (77.50) — dealer hedging chases moves below it. The 75.00 call wall is the nearest-expiry ceiling heuristic; 65.00 is the floor. Options price ±4.5% into Nov 20. Dark-pool short volume at 72% and above vs its 20-day. The falling-knife screen has it turned after a 21% sell-off.
Composed from the nightly pipelines — every panel degrades independently when its dataset is missing. Heuristics labeled as heuristics; not investment advice.