CMS Energy (NYSE:CMS) Releases FY 2026 Earnings Guidance

CMS Energy (NYSE:CMS) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 4.080-4.170 for the period, compared to the consensus earnings per share estimate of 3.880. The company issued revenue guidance of -.

CMS Energy Trading Down 1.4%

Shares of NYSE:CMS opened at $73.34 on Thursday. The company has a current ratio of 1.31, a quick ratio of 0.66 and a debt-to-equity ratio of 1.90. CMS Energy has a 12-month low of $68.64 and a 12-month high of $80.36. The business has a 50 day moving average of $74.31 and a two-hundred day moving average of $74.82. The company has a market capitalization of $22.66 billion, a PE ratio of 22.05, a PEG ratio of 2.69 and a beta of 0.35.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The business had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.87 billion. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The business’s revenue was down .5% on a year-over-year basis. During the same quarter last year, the company earned $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. As a group, analysts forecast that CMS Energy will post 3.87 EPS for the current year.

CMS Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.1%. The ex-dividend date is Friday, August 7th. CMS Energy’s dividend payout ratio (DPR) is currently 62.98%.

Analyst Ratings Changes

CMS has been the subject of a number of recent analyst reports. Bank of America lifted their price objective on shares of CMS Energy from $82.00 to $88.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Mizuho dropped their target price on CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a research report on Wednesday. Morgan Stanley set a $77.00 price target on CMS Energy in a research note on Thursday, May 21st. KeyCorp cut CMS Energy from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 23rd. Finally, Wells Fargo & Company set a $80.00 price target on CMS Energy in a research report on Tuesday, April 21st. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, CMS Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.83.

Insider Activity

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total transaction of $222,930.00. Following the completion of the sale, the senior vice president owned 67,111 shares of the company’s stock, valued at $4,987,018.41. The trade was a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.50% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On CMS Energy

Large investors have recently bought and sold shares of the company. Soroban Capital Partners LP lifted its position in shares of CMS Energy by 215.8% in the second quarter. Soroban Capital Partners LP now owns 1,435,170 shares of the utilities provider’s stock valued at $99,429,000 after acquiring an additional 980,733 shares in the last quarter. Freestone Grove Partners LP purchased a new stake in shares of CMS Energy during the fourth quarter worth approximately $64,824,000. Millennium Management LLC raised its stake in CMS Energy by 156.6% in the 4th quarter. Millennium Management LLC now owns 899,709 shares of the utilities provider’s stock valued at $62,917,000 after purchasing an additional 549,032 shares during the last quarter. Bank of Nova Scotia raised its stake in CMS Energy by 364.4% in the 4th quarter. Bank of Nova Scotia now owns 613,021 shares of the utilities provider’s stock valued at $42,869,000 after purchasing an additional 481,004 shares during the last quarter. Finally, Zimmer Partners LP lifted its holdings in CMS Energy by 129.8% in the 3rd quarter. Zimmer Partners LP now owns 694,400 shares of the utilities provider’s stock valued at $50,872,000 after purchasing an additional 392,262 shares in the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

CMS Energy Company Profile

CMS Energy (NYSE: CMS) is an energy company based in Jackson, Michigan, whose principal business is the regulated utility operations of its subsidiary, Consumers Energy. The company is primarily focused on providing electric and natural gas service to customers in Michigan, operating the generation, transmission and distribution infrastructure necessary to deliver energy to residential, commercial and industrial customers. Headquartered in Jackson, CMS Energy conducts its core activities within the state and is regulated by state utility authorities.

Through Consumers Energy and related subsidiaries, CMS Energy develops, owns and operates a portfolio of generation assets and delivers a range of customer-facing services, including electricity and natural gas supply, grid management, energy efficiency programs and demand-response offerings.