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How to Buy CMS Energy Corporation (CMS) Stock

Compare 13 brokers offering CMS, check which offer overnight sessions, see options pricing, and compare fractional-share terms.

CMS
$69.18−$1.50 (−2.12%)
Day range
$67.16 – $70.67
52-week range
$62.29 – $80.36
Volume
2.46M
Market cap
$22.17B
Exchange
XNYS
Asset class
common
Optionable
Yes
24-hour trading
7 brokers — verify symbol
Fractional shares
10 brokers — verify symbol
Tokenized
Yes
Market cap tier
large

Where to buy CMS

13 brokers in our matrix offer CMS. Verify availability and current fees with each broker before trading.

BrokerCommissionFractionalExtendedOvernightOptionsOTC access
Charles Schwab (thinkorswim) logoCharles Schwab (thinkorswim)Review$0
Schwab Stock Slices, S&P 500 only, ≥ $5/slice, up to 30 at once
~1,130
$0.65Most (3/5)
E*TRADE (Morgan Stanley) logoE*TRADE (Morgan Stanley)Review$0 listed
~20
$0.65Most (4/5)
Fidelity logoFidelityReview$0
Stocks by the Slice, 7,000+ stocks/ETFs, from $1
$0.65Partial (2+0)
Firstrade logoFirstradeReview$0
~4,000+ tickers, ≥ $5
~1,200
$0Most (4/5)
Interactive Brokers logoInteractive BrokersReview$0 (Lite) / per-share (Pro)
~10,000
per-contract pricingFull
Merrill Edge logoMerrill EdgeReview$0
$0.65Most (3/5)
Moomoo logoMoomooReview$0
$0Limited only
Public.com logoPublic.comReview$0
rebate modelLimited only
Robinhood logoRobinhoodReview$0
≥ $1 stocks, market cap ≥ $25M
~1,134
$0None
SoFi Active Investing logoSoFi Active InvestingReview$0
$0Partial (1+2)
tastytrade logotastytradeReview$0 stocks
$1.00 open, $0 close (capped at $10 per leg)Limited only
TradeStation logoTradeStationReview$0 listed
$0.50 / $0.60Most (4/5)
Webull logoWebullReview$0
$0Limited only

24-Hour / Overnight trading

These brokers run an overnight session: Charles Schwab (thinkorswim), Interactive Brokers, Robinhood, E*TRADE (Morgan Stanley), Webull, Moomoo, Firstrade. Each publishes its own list of symbols admitted to that session, and those lists are typically limited to large-cap index members. We do not track them per symbol, so check whether CMSis on your broker’s list before planning an overnight order.

Overnight sessions route through ATSs, typically have wider spreads, accept limit orders only, and offer no guaranteed fills.

Tokenized & CFD/Perp equivalents

CMS has on-chain equivalents traded 24/7 internationally. Not available to US residents. Full breakdown of what you actually own →

  • Kraken xStocks
    Symbol CMSx · tokenized-1to1 · non-US / non-EEA

Synthetic exposure carries no shareholder rights, may be subject to leverage, and is geo-restricted. See full disclaimer.

About CMS Energy Corporation

CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
Sector
ELECTRIC & OTHER SERVICES COMBINED
Employees
8,350
Headquarters
JACKSON, MI
Listed
1972-06-01
Market cap
$22.17B

Frequently asked

Where can I buy CMS Energy Corporation (CMS)?

CMS is offered by 13 brokers in our matrix, including Charles Schwab (thinkorswim), E*TRADE (Morgan Stanley), Fidelity, Firstrade, Interactive Brokers. Compare commissions, fractional eligibility, and overnight availability in the broker matrix above.

Can I buy CMS after hours or overnight?

Most brokers in the matrix support pre-market (4 AM–9:30 AM ET) and after-hours (4–8 PM ET) sessions. A true overnight session is offered by Charles Schwab (thinkorswim), Interactive Brokers, Robinhood, E*TRADE (Morgan Stanley), and others, but each admits only its own list of symbols — usually large-cap index members — so confirm CMS is eligible with your broker. Overnight sessions route through ATSs with wider spreads and limit orders only.

Does Robinhood offer CMS?

Yes. Robinhood offers CMS as a regular exchange-listed security.

Does Fidelity offer CMS?

Yes. Fidelity offers CMS as a regular exchange-listed security.

Does Webull offer CMS?

Yes. Webull offers CMS as a regular exchange-listed security.

Is CMS optionable?

Yes. CMS has listed options contracts. Per-contract pricing varies by broker — see the Options column in the matrix.

Is there a tokenized version of CMS?

Yes — CMS has tokenized or synthetic equivalents on Kraken xStocks. These are not available to US residents and carry their own risk profile, including leverage and no shareholder rights.

Can I buy a fractional share of CMS?

10 brokers in the matrix offer fractional shares, but each restricts the feature to its own symbol universe — Schwab to the S&P 500, Robinhood to stocks above a market-cap floor, Fidelity to a 7,000-name list. Check the Fractional column above for each broker's scope and minimum, then confirm CMS qualifies.

Related reading

Background on the trading features that apply to CMS.