CMS Energy Corporation (CMS)

Over the past six months, CMS Energy Corp.'s stock price has been influenced by several events, including the First and Second Quarter 2025 Earnings Calls. CMS Energy reported earnings per share (EPS) of $0.71, surpassing analysts' consensus estimates of $0.67, and saw a 14.4% increase in quarterly revenue year-over-year. SVP Brandon J. Hofmeister sold 2,000 shares of the company's stock. Analyst ratings have shown mixed sentiment; for instance, Barclays raised its price objective for CMS Energy to $78.00 with an "overweight" rating on July 22, 2025, while Wall Street Zen downgraded its rating from "hold" to "sell" on July 26, 2025. Shannon Thomas was appointed as Chief People Officer. The stock price increased by 1.47% between September 26, 2024, and September 25, 2025, with recent increases of 5.20% in the past month and 1.60% over the past three months as of August 3, 2025. On October 3, 2025, the stock price increased by 0.71%.

Demand for CMS Energy's products and services exhibits seasonality. Electricity demand is higher during the summer months due to increased air conditioning use, with peak demand on business days between 2 p.m. and 7 p.m. Electricity rates tend to be lower in the winter months. Natural gas demand is higher during the winter heating season, but the electric power sector has become the largest consumer of natural gas in Michigan, with increased natural gas-fueled power generation in the summer to meet cooling demand.

CMS Energy Corporation is an energy holding company based in Michigan, with its primary subsidiary, Consumers Energy Company, operating as an electric and natural gas utility. Another key subsidiary, NorthStar Clean Energy Company, is a domestic independent power producer and marketer. The company's major products include the generation, purchase, distribution, and sale of electricity, as well as the purchase, transmission, storage, distribution, and sale of natural gas.

CMS Energy's operations are concentrated within Michigan, United States. Consumers Energy serves over 6 million of Michigan's 10 million residents, providing natural gas service to nearly 1.8 million customers across 54 counties and electricity to 1.8 million customers in 62 counties. All of CMS Energy's net sales are generated within the United States.

In the past year, CMS Energy has been recognized for its commitment to sustainability and corporate responsibility, including being included in the MSCI ESG Leaders Index and named a 2023 ENERGY STAR® Partner of the Year for the eleventh consecutive year. It also achieved a #1 ranking for governance in 3BL's 100 Best Corporate Citizens of 2022. CMS Energy is actively pursuing its Clean Energy Plan, which includes transitioning to renewable energy and the retirement of its last three coal plants in early 2025, and introduced an electric Reliability Roadmap in September 2023 to strengthen Michigan's electric grid. The company's reputation could be impacted by events such as Consumers Energy alerting customers to new scams demanding immediate payment.

CMS Energy Corporation has significant institutional ownership, ranging from 76.98% to 98.16%. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., JPMorgan Chase & Co, and State Street Corp. Vanguard Group Inc is the largest individual shareholder, owning 39.04 million shares, representing 10.18% of the company. Retail investors hold approximately 21.85% of the company, while insiders own between 0.56% and 1.17%.