CMS Energy Reports 2025 EPS Growth and Dividend Increase
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 05 2026
0mins
Should l Buy CMS?
Source: Newsfilter
- Earnings Growth: CMS Energy reported earnings per share of $3.53 for 2025, a 6% increase from $3.33 in 2024, reflecting strong performance at NorthStar Clean Energy and boosting investor confidence.
- Adjusted EPS Exceeds Guidance: The adjusted earnings per share for 2025 reached $3.61, surpassing the guidance range, indicating successful cost control and operational efficiency, which is expected to drive stock price appreciation.
- Dividend Increase: CMS Energy raised its annual dividend to $2.28 per share for 2026, an 11-cent increase, marking the 20th consecutive year of dividend growth, showcasing the company's stable cash flow and commitment to shareholders.
- Optimistic Future Outlook: The company raised its 2026 adjusted EPS guidance to between $3.83 and $3.90, reflecting management's confidence in future performance, which is likely to attract more investor interest and enhance market valuation.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy CMS?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on CMS
Wall Street analysts forecast CMS stock price to rise
9 Analyst Rating
6 Buy
3 Hold
0 Sell
Moderate Buy
Current: 74.730
Low
71.00
Averages
79.11
High
85.00
Current: 74.730
Low
71.00
Averages
79.11
High
85.00
About CMS
CMS Energy Corporation is an energy company operating primarily in Michigan. It manages its businesses by the nature of services each provides and operates principally in three business segments: Electric Utility, Gas Utility and NorthStar Clean Energy. The Electric Utility segment consists of regulated activities associated with the generation, purchase, distribution, and sale of electricity in Michigan. The Gas Utility segment consists of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan. The NorthStar Clean Energy segment consists of various subsidiaries engaging in domestic independent power production, including the development and operation of renewable generation, and the marketing of independent power production. Its gas transmission, storage, and distribution system consists of 2,342 miles of transmission lines with 15 gas storage fields with a total storage capacity of 309 billion cubic feet (Bcf).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CMS Energy Declares Dividend on Preferred Stock
- Dividend Announcement: CMS Energy's Board of Directors has declared a dividend of $0.2625 per share on its 4.200% Cumulative Redeemable Perpetual Preferred Stock, payable on April 15, 2026, to shareholders of record as of April 1, 2026, demonstrating the company's commitment to shareholder returns.
- Preferred Stock Characteristics: This dividend applies to the Series C preferred stock, indicating CMS Energy's focus on maintaining the stability and attractiveness of its capital structure, which enhances investor confidence.
- Transparent Tax Information: CMS Energy provides tax status information regarding its dividends on its website, ensuring shareholders can clearly understand the tax implications of their investment returns, thereby increasing the company's transparency.
- Business Context: As a leading energy provider in Michigan, CMS Energy continues to drive growth and enhance shareholder value through its subsidiary Consumers Energy and independent power generation businesses, showcasing its competitiveness in the energy market.
See More
CMS Energy Declares Dividend on Preferred Stock
- Dividend Declaration: CMS Energy's Board of Directors has announced a dividend of $0.2625 per depositary share payable on April 15, 2026, to shareholders of record as of April 1, 2026, reflecting the company's commitment to shareholder returns.
- Preferred Stock Details: The dividend pertains to the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C, indicating the company's prioritization of preferred shareholders' rights within its capital structure, which may bolster investor confidence.
- Tax Information Transparency: CMS Energy provides details regarding the tax status of its dividend distributions, enhancing transparency in investor relations and potentially attracting more investor interest.
- Company Overview: As a Michigan-based energy provider, CMS Energy, featuring Consumers Energy as its primary business alongside independent power generation operations, demonstrates a diversified approach in the energy market, strengthening its competitive position.
See More
Consumers Energy Declares Quarterly Dividend
- Quarterly Dividend Announcement: The Board of Consumers Energy has declared a quarterly dividend of $1.125 per share on its $4.50 preferred stock, payable on April 1, 2026, reflecting the company's commitment to shareholder returns.
- Record Date for Shareholders: The record date for this dividend is set for March 2, 2026, ensuring that investors holding shares before this date will receive the payout, thereby enhancing investor confidence in holding the stock.
- Transparent Tax Information: Consumers Energy provides details regarding the tax status of its dividend distributions, accessible through the Tax Information section of CMS Energy's website, demonstrating the company's commitment to transparency with shareholders.
- Company Background: CMS Energy, based in Michigan, operates Consumers Energy as its primary business while also owning and operating independent power generation businesses, showcasing its diversified presence in the energy market.
See More
Consumers Energy Declares Quarterly Dividend on Preferred Stock
- Dividend Declaration: The Board of Directors of Consumers Energy has declared a quarterly dividend of $1.125 per share on its preferred stock, payable on April 1, 2026, to shareholders of record as of March 2, 2026, demonstrating the company's commitment to shareholder returns.
- Preferred Stock Details: This dividend applies to the $4.50 preferred stock (NYSE:CMS_pb), reflecting the company's strategic decision to maintain stable earnings and enhance shareholder value amidst market fluctuations.
- Tax Information Access: Additional information regarding the tax status of Consumers Energy's dividend distributions can be found in the Tax Information section of CMS Energy's website, which enhances transparency and provides essential financial details for investors.
- Company Overview: CMS Energy, based in Michigan, operates Consumers Energy as its primary business while also owning and operating independent power generation businesses, showcasing its diversified presence in the energy market.
See More
Healthcare Stocks Shine with McKesson Up 16.6%
- Healthcare Sector Performance: In Thursday's trading, healthcare stocks emerged as the best-performing sector, rising by 0.2%, with McKesson Corp (MCK) leading the charge with a 16.6% gain, indicating strong market demand that could attract more investor interest in the sector.
- Cardinal Health's Gains: Cardinal Health, Inc. (CAH) also performed well, with a 9.0% increase, suggesting a solid position in the healthcare supply chain that may further enhance its market share and investor confidence.
- ETF Trends: Despite the overall positive performance in healthcare, the Health Care Select Sector SPDR ETF (XLV) fell by 0.5%, indicating a preference for individual stocks over ETFs, which may lead to a shift in capital towards more promising equities.
- Utilities Sector Stability: The utilities sector showed relative stability, with CMS Energy Corp (CMS) up 2.4% and PPL Corp (PPL) up 1.4%, reflecting investor preference for stable returns, which may attract more capital into this sector in the future.
See More
CMS Energy Reports Strong Q4 2025 Earnings and Investment Plans
- Earnings Beat: CMS Energy reported adjusted earnings per share of $3.61 for 2025, exceeding guidance and reflecting over 8% growth from 2024, which enhances investor confidence in the company's financial performance.
- Expanded Investment Plan: The company increased its five-year utility customer investment plan from $20 billion to $24 billion, which is expected to support a 10.5% rate base growth through 2030, further solidifying its market position.
- Renewable Energy Strategy: The approval of a 20-year renewable energy plan is projected to provide approximately $14 billion in customer investment opportunities over the next decade, ensuring visibility and certainty for long-term investments.
- Data Center Development: Management indicated that commercial agreements with data centers have been reached, and additional data centers are considering locating in their service area, signaling future growth potential and market expansion opportunities.
See More
CMS Energy Declares Dividend on Preferred Stock
- Dividend Announcement: CMS Energy's Board of Directors has declared a dividend of $0.2625 per share on its 4.200% Cumulative Redeemable Perpetual Preferred Stock, payable on April 15, 2026, to shareholders of record as of April 1, 2026, demonstrating the company's commitment to shareholder returns.
- Preferred Stock Characteristics: This dividend applies to the Series C preferred stock, indicating CMS Energy's focus on maintaining the stability and attractiveness of its capital structure, which enhances investor confidence.
- Transparent Tax Information: CMS Energy provides tax status information regarding its dividends on its website, ensuring shareholders can clearly understand the tax implications of their investment returns, thereby increasing the company's transparency.
- Business Context: As a leading energy provider in Michigan, CMS Energy continues to drive growth and enhance shareholder value through its subsidiary Consumers Energy and independent power generation businesses, showcasing its competitiveness in the energy market.
See More
CMS Energy Declares Dividend on Preferred Stock
- Dividend Declaration: CMS Energy's Board of Directors has announced a dividend of $0.2625 per depositary share payable on April 15, 2026, to shareholders of record as of April 1, 2026, reflecting the company's commitment to shareholder returns.
- Preferred Stock Details: The dividend pertains to the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C, indicating the company's prioritization of preferred shareholders' rights within its capital structure, which may bolster investor confidence.
- Tax Information Transparency: CMS Energy provides details regarding the tax status of its dividend distributions, enhancing transparency in investor relations and potentially attracting more investor interest.
- Company Overview: As a Michigan-based energy provider, CMS Energy, featuring Consumers Energy as its primary business alongside independent power generation operations, demonstrates a diversified approach in the energy market, strengthening its competitive position.
See More
Consumers Energy Declares Quarterly Dividend
- Quarterly Dividend Announcement: The Board of Consumers Energy has declared a quarterly dividend of $1.125 per share on its $4.50 preferred stock, payable on April 1, 2026, reflecting the company's commitment to shareholder returns.
- Record Date for Shareholders: The record date for this dividend is set for March 2, 2026, ensuring that investors holding shares before this date will receive the payout, thereby enhancing investor confidence in holding the stock.
- Transparent Tax Information: Consumers Energy provides details regarding the tax status of its dividend distributions, accessible through the Tax Information section of CMS Energy's website, demonstrating the company's commitment to transparency with shareholders.
- Company Background: CMS Energy, based in Michigan, operates Consumers Energy as its primary business while also owning and operating independent power generation businesses, showcasing its diversified presence in the energy market.
See More
Consumers Energy Declares Quarterly Dividend on Preferred Stock
- Dividend Declaration: The Board of Directors of Consumers Energy has declared a quarterly dividend of $1.125 per share on its preferred stock, payable on April 1, 2026, to shareholders of record as of March 2, 2026, demonstrating the company's commitment to shareholder returns.
- Preferred Stock Details: This dividend applies to the $4.50 preferred stock (NYSE:CMS_pb), reflecting the company's strategic decision to maintain stable earnings and enhance shareholder value amidst market fluctuations.
- Tax Information Access: Additional information regarding the tax status of Consumers Energy's dividend distributions can be found in the Tax Information section of CMS Energy's website, which enhances transparency and provides essential financial details for investors.
- Company Overview: CMS Energy, based in Michigan, operates Consumers Energy as its primary business while also owning and operating independent power generation businesses, showcasing its diversified presence in the energy market.
See More
Healthcare Stocks Shine with McKesson Up 16.6%
- Healthcare Sector Performance: In Thursday's trading, healthcare stocks emerged as the best-performing sector, rising by 0.2%, with McKesson Corp (MCK) leading the charge with a 16.6% gain, indicating strong market demand that could attract more investor interest in the sector.
- Cardinal Health's Gains: Cardinal Health, Inc. (CAH) also performed well, with a 9.0% increase, suggesting a solid position in the healthcare supply chain that may further enhance its market share and investor confidence.
- ETF Trends: Despite the overall positive performance in healthcare, the Health Care Select Sector SPDR ETF (XLV) fell by 0.5%, indicating a preference for individual stocks over ETFs, which may lead to a shift in capital towards more promising equities.
- Utilities Sector Stability: The utilities sector showed relative stability, with CMS Energy Corp (CMS) up 2.4% and PPL Corp (PPL) up 1.4%, reflecting investor preference for stable returns, which may attract more capital into this sector in the future.
See More
CMS Energy Reports Strong Q4 2025 Earnings and Investment Plans
- Earnings Beat: CMS Energy reported adjusted earnings per share of $3.61 for 2025, exceeding guidance and reflecting over 8% growth from 2024, which enhances investor confidence in the company's financial performance.
- Expanded Investment Plan: The company increased its five-year utility customer investment plan from $20 billion to $24 billion, which is expected to support a 10.5% rate base growth through 2030, further solidifying its market position.
- Renewable Energy Strategy: The approval of a 20-year renewable energy plan is projected to provide approximately $14 billion in customer investment opportunities over the next decade, ensuring visibility and certainty for long-term investments.
- Data Center Development: Management indicated that commercial agreements with data centers have been reached, and additional data centers are considering locating in their service area, signaling future growth potential and market expansion opportunities.
See More
