CMS Energy (NYSE:CMS) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

CMS Energy (NYSE:CMS) released its quarterly earnings data on Tuesday. The utilities provider reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01, FiscalAI reports. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The company had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter last year, the company earned $0.71 earnings per share. The firm’s revenue for the quarter was down .5% on a year-over-year basis. CMS Energy updated its FY 2026 guidance to 4.080-4.170 EPS.

CMS Energy Price Performance

Shares of NYSE CMS opened at $76.06 on Tuesday. The firm has a market capitalization of $23.49 billion, a P/E ratio of 21.03, a PEG ratio of 2.71 and a beta of 0.35. CMS Energy has a one year low of $68.64 and a one year high of $80.36. The company’s fifty day moving average is $74.26 and its two-hundred day moving average is $74.75. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.66 and a current ratio of 0.84.

CMS Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders 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 dividend yield of 3.0%. The ex-dividend date is Friday, August 7th. CMS Energy’s payout ratio is presently 62.98%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CMS. Morgan Stanley set a $77.00 target price on CMS Energy in a research report on Thursday, May 21st. Wall Street Zen upgraded shares of CMS Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday, July 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of CMS Energy in a research note on Friday, June 5th. BMO Capital Markets increased their price target on shares of CMS Energy from $81.00 to $86.00 and gave the stock an “outperform” rating in a report on Monday, July 20th. Finally, Jefferies Financial Group set a $78.00 price objective on shares of CMS Energy in a research report on Thursday, July 16th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, CMS Energy presently has a consensus rating of “Moderate Buy” and an average target price of $81.33.

More CMS Energy News

Here are the key news stories impacting CMS Energy this week:

• Positive Sentiment: CMS Energy raised its fiscal 2026 EPS guidance to $4.08–$4.17, above the analyst consensus of $3.88, providing a favorable near-term outlook. CMS Energy Announces Second Quarter Results
• Positive Sentiment: Second-quarter adjusted earnings of $0.37 per share narrowly exceeded estimates of $0.36, suggesting the regulated utility business remains resilient. CMS Energy Meets Q2 Earnings Estimates
• Neutral Sentiment: CMS Energy plans to exit non-utility renewable development and concentrate capital on its regulated operations, while investing to accommodate rising electricity demand. The move may improve strategic focus and reduce exposure to development risk, but it also limits renewable-growth opportunities. CMS Energy Forecasts 2027 Profit Below Estimates
• Negative Sentiment: Management’s 2027 adjusted earnings forecast came in below Wall Street expectations, raising concerns about next year’s growth and likely outweighing the 2026 guidance increase.
• Negative Sentiment: Second-quarter revenue was $1.83 billion, below the $1.87 billion consensus, while reported EPS declined from $0.66 a year earlier to $0.37. CMS Energy Q2 Earnings Snapshot

Insider Activity

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total value of $222,930.00. Following the completion of the transaction, the senior vice president owned 67,111 shares in the company, valued at $4,987,018.41. This trade represents a 4.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.50% of the stock is owned by corporate insiders.

Institutional Trading of CMS Energy

Institutional investors have recently added to or reduced their stakes in the stock. DV Equities LLC acquired a new position in CMS Energy during the fourth quarter worth about $29,000. MUFG Securities EMEA plc acquired a new stake in shares of CMS Energy during the 2nd quarter valued at approximately $61,000. Mark Sheptoff Financial Planning LLC boosted its stake in shares of CMS Energy by 74.2% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 939 shares of the utilities provider’s stock worth $66,000 after acquiring an additional 400 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in shares of CMS Energy during the 4th quarter worth approximately $144,000. Finally, Larson Financial Group LLC grew its holdings in shares of CMS Energy by 32.0% in the 3rd quarter. Larson Financial Group LLC now owns 2,246 shares of the utilities provider’s stock worth $165,000 after acquiring an additional 545 shares during the period. Hedge funds and other institutional investors own 93.57% of the company’s stock.

About CMS Energy

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.