CMS Energy Corporation (CMS)

In the past six months, CMS Energy's stock price has increased by 16.98%, reaching an all-time high of $74.95 on April 3, 2025. Recent events include an increased price target from Barclays, a debt tender offer, and the reporting of Q1 2024 earnings with adjusted earnings per share of $0.97. The company is focused on its Reliability Roadmap to improve electric distribution and grid reliability and is shifting from coal to clean energy sources. Consumers Energy announced its preparedness to deliver reliable power throughout the summer.

Demand for CMS Energy's products is influenced by seasonal variations. Natural gas usage increases during colder winters, while electricity sales can decrease during milder weather. The company prepares for increased energy demand during summer months and employs strategies like purchasing electricity call option contracts to manage the risk of high energy prices. Consumers Energy also has programs that reward customers for shifting energy use to off-peak times in the summer.

CMS Energy Corporation is an American energy company based in Michigan, primarily operating through its subsidiary Consumers Energy, which provides electricity and natural gas to over 6 million Michigan residents. The company operates in the Utilities sector, focusing on regulated electric utilities, and also engages in independent power production through NorthStar Clean Energy. CMS Energy generates, purchases, transmits, distributes, and sells energy from various sources, including coal, hydro, wind, and solar.

CMS Energy primarily operates in Michigan, with Consumers Energy serving approximately 6.7 million residents across the state's Lower Peninsula. Through NorthStar Clean Energy, the company is also involved in independent power generation in other states within the United States.

CMS Energy emphasizes its commitment to sustainability, aiming for 60% renewable energy by 2035 and 100% clean energy by 2040, with net-zero methane emissions by 2030. Consumers Energy has received Wildlife Habitat Council certificates for its environmental education efforts. However, the company reported significant carbon emissions in 2023. There have been criticisms regarding the company's focus on profits, potentially affecting its prioritization of clean, reliable, and affordable energy.

CMS Energy Corporation has significant institutional ownership, with 74.17% of the company owned by institutional shareholders. Vanguard Group Inc. is the largest individual shareholder, owning 10.00% of the company. Other major institutional owners include BlackRock, Inc., JPMorgan Chase & Co., and State Street Corp.