CMS Energy Corp.
CMS Energy Corporation (ticker: CMS) is a Michigan‑based, regulated utility primarily serving electricity and natural gas customers through its Consumers Energy business. With a market capitalisation of about $22.31 billion, the company is often viewed as a stable, income‑oriented utility thanks to regulated cash flows and a history of dividend payments. Investors should be aware that earnings and returns are closely linked to regulatory rate cases, capital expenditure plans to modernise the grid and expand renewables, and seasonal weather patterns. CMS’s strategy includes investment in clean energy and grid resilience, which may support medium‑term growth but requires sizeable spending. Key risks include regulatory changes, interest‑rate sensitivity due to large infrastructure financing needs, and commodity or weather volatility. This summary is general, educational information only and not personal financial advice; suitability depends on your goals, risk tolerance and timeframe — consider speaking with a qualified financial adviser before acting.
Why It's Moving
CMS Energy Boosts 2026 Outlook After Crushing 2025 Earnings Targets.
- Q4 revenue surged to $2.23 billion, topping estimates by over $240 million, while full-year earnings hit $3.61 per share, beating prior guidance.
- Raised 2026 adjusted EPS guidance to $3.83-$3.90 from $3.80-$3.87, with executives eyeing the high end of their 6-8% long-term growth target.
- Boosted annual dividend by 11 cents to $2.28 per share for the 20th straight year, plus plans to ramp electric generation investments by $2.5 billion.
CMS Energy Boosts 2026 Outlook After Crushing 2025 Earnings Targets.
- Q4 revenue surged to $2.23 billion, topping estimates by over $240 million, while full-year earnings hit $3.61 per share, beating prior guidance.
- Raised 2026 adjusted EPS guidance to $3.83-$3.90 from $3.80-$3.87, with executives eyeing the high end of their 6-8% long-term growth target.
- Boosted annual dividend by 11 cents to $2.28 per share for the 20th straight year, plus plans to ramp electric generation investments by $2.5 billion.
When is the next earnings date for CMS Energy Corp. (CMS)?
CMS Energy's next earnings release is expected on April 23, 2026, covering first-quarter 2026 results with anticipated adjusted EPS around $1.16 per share. This follows the recent Q4 2025 report on February 5, 2026, which beat estimates. Investors should monitor for updates, as dates are based on historical patterns and analyst projections.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying CMS Energy's stock, anticipating an increase in its value.
Financial Health
CMS Energy is performing well with solid revenue and cash flow, indicating strong operational efficiency.
Dividend
CMS Energy's dividend yield of 2.96% is reasonable for those seeking dividends. If you invested $1000 you would be paid $29.60 a year in dividends (based on the last 12 months).
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Explore BasketWhy You’ll Want to Watch This Stock
Regulated cash flows
Rate‑based revenues provide predictable income and dividend potential, though performance can vary with regulatory outcomes and weather.
Clean energy shift
Investments in renewables and grid modernisation offer growth avenues, balanced by sizeable capital spending and execution risk.
Policy and regulation
Regulatory decisions and state energy policy shape returns — a source of stability when supportive, and risk when outcomes change.
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