CMS Energy Corporation Reports Strong Q1 Performance, Reaffirms Growth Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Should l Buy CMS?
Source: Yahoo Finance
- Strong Q1 Performance: CMS Energy Corporation reported an adjusted earnings per share of $1.13 for Q1 2026, up from $1.02 in the same quarter last year, demonstrating robust execution that positions the company for solid full-year growth.
- Guidance Reaffirmation: The company reaffirmed its adjusted earnings guidance for 2026 to be between $3.83 and $3.90 per share, indicating management's confidence in future profitability, while also projecting long-term adjusted EPS growth of 6% to 8%, which enhances investor confidence.
- Commitment to Shareholder Returns: The board approved a common dividend of $0.57 per share, to be paid on May 29 to shareholders of record as of May 8, reflecting the company's commitment to shareholder value and aiming to strengthen long-term investor loyalty.
- Investment in Renewable Energy: As a Michigan-based energy holding company, CMS Energy focuses on investing in renewable energy and plans to pivot to coal-free generation by 2025, showcasing its strategic shift towards sustainability in response to market demand for green energy.
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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: 72.810
Low
71.00
Averages
79.11
High
85.00
Current: 72.810
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 Corporation Reports Strong Q1 Performance, Reaffirms Growth Outlook
- Strong Q1 Performance: CMS Energy Corporation reported an adjusted earnings per share of $1.13 for Q1 2026, up from $1.02 in the same quarter last year, demonstrating robust execution that positions the company for solid full-year growth.
- Guidance Reaffirmation: The company reaffirmed its adjusted earnings guidance for 2026 to be between $3.83 and $3.90 per share, indicating management's confidence in future profitability, while also projecting long-term adjusted EPS growth of 6% to 8%, which enhances investor confidence.
- Commitment to Shareholder Returns: The board approved a common dividend of $0.57 per share, to be paid on May 29 to shareholders of record as of May 8, reflecting the company's commitment to shareholder value and aiming to strengthen long-term investor loyalty.
- Investment in Renewable Energy: As a Michigan-based energy holding company, CMS Energy focuses on investing in renewable energy and plans to pivot to coal-free generation by 2025, showcasing its strategic shift towards sustainability in response to market demand for green energy.
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 depositary share, payable on July 15, 2026, to shareholders of record as of July 1, 2026, demonstrating the company's commitment to shareholder returns.
- Preferred Stock Details: This dividend pertains to the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C, reflecting the company's stability in its capital structure and attractiveness to investors.
- Transparent Tax Information: CMS Energy provides information regarding the tax status of its dividend distributions, ensuring investors are well-informed about the tax implications of their investment returns, thereby enhancing trust between the company and its shareholders.
- Business Context: As a Michigan-based energy provider, CMS Energy showcases its diversification and stability in the energy market through its primary business, Consumers Energy, and independent power generation operations.
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 depositary share payable on July 15, 2026, to shareholders of record as of July 1, 2026, demonstrating the company's ongoing commitment to shareholder returns.
- Preferred Stock Details: The dividend applies to the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C, reflecting the company's strong cash flow and profitability, which enhances investor confidence.
- Tax Information Transparency: CMS Energy provides information regarding the tax status of its dividend distributions, further improving transparency in investor relations and potentially attracting more investors.
- Company Background: CMS Energy is a Michigan-based energy provider featuring Consumers Energy as its primary business while also owning independent power generation operations, showcasing its diversified presence in the energy market.
See More
Consumers Energy Declares Quarterly Dividend on Preferred Stock
- Quarterly Dividend Announcement: The Board of Directors of Consumers Energy has declared a quarterly dividend of $1.125 per share, payable on July 1, 2026, to shareholders of record as of June 1, 2026, reflecting the company's stable cash flow and commitment to shareholder returns.
- Preferred Stock Details: This dividend applies to the $4.50 preferred stock, indicating the company's prioritization of preferred shareholders' interests, which helps to bolster investor confidence in the company's financial health.
- Tax Information Access: Shareholders can obtain information regarding the tax status of the dividend distributions through the Tax Information section of CMS Energy's website, ensuring that investors are informed about the tax implications of their investments for better financial planning.
- Company Overview: CMS Energy is a Michigan-based energy provider with Consumers Energy as its primary business, also owning independent power generation operations, showcasing the company's diversified presence in the energy sector.
See More
Consumers Energy Declares Quarterly Dividend on Preferred Stock
- Quarterly Dividend Announcement: The Board of Consumers Energy has declared a quarterly dividend of $1.125 per share, payable on July 1, 2026, to shareholders of record as of June 1, 2026, demonstrating the company's ongoing commitment to stable cash flow and shareholder returns.
- Preferred Stock Details: This dividend applies to the $4.50 preferred stock, reflecting the company's financing strategy through preferred equity, aimed at attracting more investor interest in its stable earnings performance.
- Tax Information Transparency: Consumers Energy provides details regarding the tax status of its dividend distributions, enhancing trust between the company and its investors while offering necessary financial transparency to shareholders.
- Company Background: As the principal subsidiary of CMS Energy, Consumers Energy focuses on energy supply and independent power generation, showcasing its leadership position and growth potential in the Michigan energy market.
See More
CMS Energy Q1 2026 Earnings Call Highlights
- Financial Guidance Reaffirmed: CEO Garrick Rochow reaffirmed the 2026 adjusted EPS guidance of $3.83 to $3.90, demonstrating sustained confidence towards the high end, indicating the company continues to pursue growth on a stable financial foundation.
- Regulatory Support Outcomes: The company secured over 65% of its requests approved in the electric business while maintaining a 9.9% ROE, which not only strengthens its market position but also provides a favorable regulatory environment for future investments.
- New Resource Plan: CMS plans to file a 20-year Integrated Resource Plan (IRP) in June, expected to include 1.5 gigawatts of new gas capacity and 13 gigawatts of renewable energy, which will help meet the growing customer demand and drive sustainable development.
- Contract Signing Progress: As of Q1, CMS signed approximately 110 megawatts of contracts, reflecting strong market demand, while a contract with Michigan Potash & Salt Company is expected to bring over $1.3 billion in investment and around 130 jobs, further boosting local economic development.
See More
CMS Energy Corporation Reports Strong Q1 Performance, Reaffirms Growth Outlook
- Strong Q1 Performance: CMS Energy Corporation reported an adjusted earnings per share of $1.13 for Q1 2026, up from $1.02 in the same quarter last year, demonstrating robust execution that positions the company for solid full-year growth.
- Guidance Reaffirmation: The company reaffirmed its adjusted earnings guidance for 2026 to be between $3.83 and $3.90 per share, indicating management's confidence in future profitability, while also projecting long-term adjusted EPS growth of 6% to 8%, which enhances investor confidence.
- Commitment to Shareholder Returns: The board approved a common dividend of $0.57 per share, to be paid on May 29 to shareholders of record as of May 8, reflecting the company's commitment to shareholder value and aiming to strengthen long-term investor loyalty.
- Investment in Renewable Energy: As a Michigan-based energy holding company, CMS Energy focuses on investing in renewable energy and plans to pivot to coal-free generation by 2025, showcasing its strategic shift towards sustainability in response to market demand for green energy.
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 depositary share, payable on July 15, 2026, to shareholders of record as of July 1, 2026, demonstrating the company's commitment to shareholder returns.
- Preferred Stock Details: This dividend pertains to the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C, reflecting the company's stability in its capital structure and attractiveness to investors.
- Transparent Tax Information: CMS Energy provides information regarding the tax status of its dividend distributions, ensuring investors are well-informed about the tax implications of their investment returns, thereby enhancing trust between the company and its shareholders.
- Business Context: As a Michigan-based energy provider, CMS Energy showcases its diversification and stability in the energy market through its primary business, Consumers Energy, and independent power generation operations.
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 depositary share payable on July 15, 2026, to shareholders of record as of July 1, 2026, demonstrating the company's ongoing commitment to shareholder returns.
- Preferred Stock Details: The dividend applies to the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C, reflecting the company's strong cash flow and profitability, which enhances investor confidence.
- Tax Information Transparency: CMS Energy provides information regarding the tax status of its dividend distributions, further improving transparency in investor relations and potentially attracting more investors.
- Company Background: CMS Energy is a Michigan-based energy provider featuring Consumers Energy as its primary business while also owning independent power generation operations, showcasing its diversified presence in the energy market.
See More
Consumers Energy Declares Quarterly Dividend on Preferred Stock
- Quarterly Dividend Announcement: The Board of Directors of Consumers Energy has declared a quarterly dividend of $1.125 per share, payable on July 1, 2026, to shareholders of record as of June 1, 2026, reflecting the company's stable cash flow and commitment to shareholder returns.
- Preferred Stock Details: This dividend applies to the $4.50 preferred stock, indicating the company's prioritization of preferred shareholders' interests, which helps to bolster investor confidence in the company's financial health.
- Tax Information Access: Shareholders can obtain information regarding the tax status of the dividend distributions through the Tax Information section of CMS Energy's website, ensuring that investors are informed about the tax implications of their investments for better financial planning.
- Company Overview: CMS Energy is a Michigan-based energy provider with Consumers Energy as its primary business, also owning independent power generation operations, showcasing the company's diversified presence in the energy sector.
See More
Consumers Energy Declares Quarterly Dividend on Preferred Stock
- Quarterly Dividend Announcement: The Board of Consumers Energy has declared a quarterly dividend of $1.125 per share, payable on July 1, 2026, to shareholders of record as of June 1, 2026, demonstrating the company's ongoing commitment to stable cash flow and shareholder returns.
- Preferred Stock Details: This dividend applies to the $4.50 preferred stock, reflecting the company's financing strategy through preferred equity, aimed at attracting more investor interest in its stable earnings performance.
- Tax Information Transparency: Consumers Energy provides details regarding the tax status of its dividend distributions, enhancing trust between the company and its investors while offering necessary financial transparency to shareholders.
- Company Background: As the principal subsidiary of CMS Energy, Consumers Energy focuses on energy supply and independent power generation, showcasing its leadership position and growth potential in the Michigan energy market.
See More
CMS Energy Q1 2026 Earnings Call Highlights
- Financial Guidance Reaffirmed: CEO Garrick Rochow reaffirmed the 2026 adjusted EPS guidance of $3.83 to $3.90, demonstrating sustained confidence towards the high end, indicating the company continues to pursue growth on a stable financial foundation.
- Regulatory Support Outcomes: The company secured over 65% of its requests approved in the electric business while maintaining a 9.9% ROE, which not only strengthens its market position but also provides a favorable regulatory environment for future investments.
- New Resource Plan: CMS plans to file a 20-year Integrated Resource Plan (IRP) in June, expected to include 1.5 gigawatts of new gas capacity and 13 gigawatts of renewable energy, which will help meet the growing customer demand and drive sustainable development.
- Contract Signing Progress: As of Q1, CMS signed approximately 110 megawatts of contracts, reflecting strong market demand, while a contract with Michigan Potash & Salt Company is expected to bring over $1.3 billion in investment and around 130 jobs, further boosting local economic development.
See More
