23 /100
LOW RISK
Score updated Jul 13, 2026

CMS — CMS Energy Corporation Dilution Risk Tracker

Track CMS dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

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As of July 13, 2026, CMS Energy Corporation (CMS) has a DilutionWatch DilutionScore of 23/100, rated LOW dilution risk. CMS Energy Corporation has a market capitalization of $22.42B, 308.92M shares outstanding, 803 institutional holders tracked. Key dilution vectors include approximately 999 months of cash runway.

Source: DilutionWatch (dilutionwatch.com) — data updated daily from SEC EDGAR filings. Not financial advice.

📊 Score Breakdown

📋 Offering Ability
40
💰 Cash Runway
0
📊 Float Risk
2
⚠️ Warrant Exposure
15
🔄Convertible Debt

🌦️ Dilution Forecast

☀️
Clear
No significant dilution signals
0%
No significant dilution signals detected for CMS.
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💹 Market Data

Market Cap$22.42B
Shares Outstanding308.92M
Float306.83M
Cash$175.00M
Debt$18.53B
Short InterestN/A

🏛 Institutional Holdings

QoQ: ↑ 24.8% shares (2026Q1 vs prior)
803 institutional holders · 376.11M shares
#1 VANGUARD CAPITAL MANAGEMENT LLC 39.75M shares
#2 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 36.06M shares
#3 BlackRock, Inc. 33.56M shares
+ 17 more holders Sign up free to view →

📉 Short Interest

Short Interest20.78M
Days to Cover5.8
% of Float6.8%
FINRA data as of Jun 30, 2026

📁 Recent SEC Activity

xbrl XBRL CONVERTIBLE Mar 31, 2014
4 INSIDER TRANSACTION Mar 30, 2026
4 INSIDER TRANSACTION Mar 30, 2026
4 INSIDER TRANSACTION Mar 30, 2026
4 INSIDER TRANSACTION Mar 30, 2026
Full SEC filing analysis available with free account

📰 Recent News

No recent news

📋 What This Means for CMS Shareholders

CMS Energy Corporation (CMS) has a DilutionScore of 23/100, rated Low dilution risk. At this score level, DilutionWatch's real-time EDGAR monitoring shows limited near-term dilution signals. This does not mean zero dilution risk — shelf registrations can be filed and activated quickly — but the current filing profile shows no major outstanding dilution programs. Score as of July 13, 2026.

DilutionWatch's EDGAR monitoring for CMS shows no major active dilution programs at this time. The primary risk categories — shelf registration capacity, ATM programs, warrant overhang, and cash runway — are each within normal ranges for a company of this profile. This can change quickly if a new S-3 or Form S-1 is filed.

DilutionWatch tracks over 25 SEC filing types for CMS in real-time, scanning EDGAR every 60 seconds. The DilutionWatch screener shows real-time score changes for CMS alongside comparable low-risk stocks. Not financial advice — this analysis is for informational purposes only.

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🔬 More Research for CMS
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