CMS

CMS' Q2 adjusted EPS matches estimates but drops 47.9% as revenues slip and operating income declines year over year.

CMS Energy NYSE: CMS reaffirmed its 2026 earnings outlook and introduced 2027 guidance while outlining plans to exit non-utility renewable development through its NorthStar business, redirecting capital toward regulated utility investments in Michigan.

CMS Energy (CMS) came out with quarterly earnings of $0.37 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.71 per share a year ago.

CMS Energy forecast 2027 adjusted earnings below Wall Street estimates on Tuesday and said ​it would exit non-utility renewables development, as ‌the utility focuses on its regulated business while investing to meet growing electricity demand.

JACKSON, Mich., July 28, 2026 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $0.37 for the second quarter of 2026, compared to $0.66 per share for 2025.

CMS Energy (CMS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

JACKSON, Mich., July 20, 2026 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a quarterly dividend on the company's common stock.

CMS Energy (CMS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

CMS Energy (CMS) is reaffirmed as a Buy, supported by a $24 billion five-year capex plan driving robust rate base and EPS growth. CMS targets 6–8% annual adjusted EPS growth, with consensus estimates at the high end, and maintains a stable BBB credit rating. Shares trade at a modest 3% discount to fair value, with potential for 9%+ annual total returns through 2031, underpinned by disciplined capital deployment.

Skyrocketing demand from artificial intelligence data centers is exacerbating shortages of critical grid equipment like transformers across the U.S., driving up costs, stretching out wait times and spurring utilities ​and developers to lock in orders far in advance.