Recent Research Analysts’ Ratings Updates for CMS Energy (CMS)

Several analysts have recently updated their ratings and price targets for CMS Energy (NYSE: CMS):

• 3/2/2026 – CMS Energy had its price target raised by KeyCorp from $79.00 to $83.00. They now have an “overweight” rating on the stock.
• 2/23/2026 – CMS Energy had its price target raised by Barclays PLC from $74.00 to $79.00. They now have an “overweight” rating on the stock.
• 2/20/2026 – CMS Energy was given a new $80.00 price target by Morgan Stanley.
• 2/14/2026 – CMS Energy was downgraded by Wall Street Zen from “hold” to “sell”.
• 2/9/2026 – CMS Energy was given a new $80.00 price target by Williams Trading.
• 2/9/2026 – CMS Energy had its “outperform” rating reaffirmed by BMO Capital Markets. They now have a $80.00 price target on the stock, up from $79.00.
• 2/6/2026 – CMS Energy had its “neutral” rating reaffirmed by UBS Group AG.
• 2/6/2026 – CMS Energy had its price target raised by Mizuho from $73.00 to $76.00. They now have a “neutral” rating on the stock.
• 2/2/2026 – CMS Energy was given a new $79.00 price target by UBS Group AG.
• 2/2/2026 – CMS Energy had its “outperform” rating reaffirmed by BMO Capital Markets.
• 2/2/2026 – CMS Energy had its price target raised by Morgan Stanley from $74.00 to $75.00. They now have an “equal weight” rating on the stock.
• 2/2/2026 – CMS Energy was given a new $79.00 price target by BMO Capital Markets.
• 1/31/2026 – CMS Energy was upgraded by Wall Street Zen from “sell” to “hold”.
• 1/30/2026 – CMS Energy was given a new $82.00 price target by Bank of America Corporation.
• 1/28/2026 – CMS Energy had its price target raised by Jefferies Financial Group Inc. from $79.00 to $81.00. They now have a “buy” rating on the stock.
• 1/23/2026 – CMS Energy was downgraded by Wall Street Zen from “hold” to “sell”.
• 1/21/2026 – CMS Energy had its “buy (b-)” rating reaffirmed by Weiss Ratings.
• 1/21/2026 – CMS Energy had its “underperform” rating reaffirmed by Morgan Stanley.
• 1/20/2026 – CMS Energy had its price target lowered by Wells Fargo & Company from $77.00 to $74.00. They now have an “equal weight” rating on the stock.
• 1/15/2026 – CMS Energy had its price target raised by JPMorgan Chase & Co. from $80.00 to $81.00. They now have an “overweight” rating on the stock.
• 1/14/2026 – CMS Energy had its price target lowered by Barclays PLC from $82.00 to $74.00. They now have an “overweight” rating on the stock.
• 1/10/2026 – CMS Energy was upgraded by Wall Street Zen from “sell” to “hold”.

CMS Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 3.0%. This is an increase from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date was Tuesday, February 17th. CMS Energy’s dividend payout ratio is 64.59%.

Insiders Place Their Bets

In other CMS Energy news, Director Diane Leopold bought 2,000 shares of the stock in a transaction dated Wednesday, February 25th. The shares were bought at an average cost of $76.70 per share, for a total transaction of $153,400.00. Following the purchase, the director directly owned 2,769 shares of the company’s stock, valued at approximately $212,382.30. This trade represents a 260.08% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Scott B. Mcintosh sold 1,750 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $78.20, for a total transaction of $136,850.00. Following the completion of the transaction, the chief accounting officer directly owned 24,223 shares in the company, valued at $1,894,238.60. This trade represents a 6.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 20,664 shares of company stock worth $1,579,506 in the last ninety days. Company insiders own 0.40% of the company’s stock.

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.