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

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

Analyst Upgrades and Downgrades

A number of research firms have commented on CMS. JPMorgan Chase & Co. boosted their price target on shares of CMS Energy from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Barclays raised their price target on CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Bank of America boosted their price objective on CMS Energy from $82.00 to $88.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Wells Fargo & Company set a $80.00 target price on CMS Energy in a research note on Tuesday, April 21st. Finally, BMO Capital Markets raised their price objective on shares of CMS Energy from $81.00 to $86.00 and gave the company an “outperform” rating in a research report on Monday, July 20th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, CMS Energy has a consensus rating of “Moderate Buy” and an average target price of $81.33.

CMS Energy Stock Performance

Shares of NYSE:CMS opened at $76.06 on Tuesday. CMS Energy has a 52 week low of $68.64 and a 52 week high of $80.36. The firm has a 50 day moving average of $74.26 and a 200 day moving average of $74.75. The company has a market capitalization of $23.49 billion, a price-to-earnings ratio of 21.03, a price-to-earnings-growth ratio of 2.71 and a beta of 0.35. The company has a quick ratio of 0.66, a current ratio of 0.84 and a debt-to-equity ratio of 1.80.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.01. The company had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.87 billion. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. CMS Energy’s revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.71 earnings per share. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. On average, sell-side analysts predict that CMS Energy will post 3.87 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be given a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, August 7th. CMS Energy’s payout ratio is 62.98%.

Insider Buying and Selling at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total value 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 approximately $4,987,018.41. This represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.50% of the company’s stock.

Key Headlines Impacting CMS Energy

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

Institutional Trading of CMS Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bison Wealth LLC bought a new stake in shares of CMS Energy in the 4th quarter valued at $312,000. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in CMS Energy by 7.1% during the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 8,650 shares of the utilities provider’s stock worth $605,000 after buying an additional 575 shares during the last quarter. Entropy Technologies LP bought a new position in CMS Energy during the fourth quarter worth $603,000. LMR Partners LLP lifted its holdings in CMS Energy by 36.6% in the second quarter. LMR Partners LLP now owns 6,906 shares of the utilities provider’s stock valued at $478,000 after buying an additional 1,852 shares during the period. Finally, Blair William & Co. IL lifted its holdings in CMS Energy by 11.6% in the third quarter. Blair William & Co. IL now owns 5,598 shares of the utilities provider’s stock valued at $410,000 after buying an additional 583 shares during the period. Institutional investors and hedge funds 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.