CMS

In the past six months, CMS Energy's stock has been influenced by several events. The company held its First Quarter 2026 Earnings Call on April 28, 2026, and its Second Quarter 2026 Earnings Call on July 28, 2026. The Third Quarter 2026 earnings results are scheduled to be announced on October 27, 2026. In June 2026, CMS Energy filed an electric rate case seeking a $456 million revenue increase, a 10.25% return on equity, and a 51.75% equity ratio. It also requested a two-year investment recovery mechanism to support electric-grid hardening and other customer investments. For its gas business, CMS revised its requested revenue increase to $232 million and increased the requested equity ratio to 51.75%. The company announced its decision to exit non-utility renewable development at NorthStar Clean Energy, opting to retain only a Michigan-based portfolio of cash-generating assets. This strategic move is intended to simplify the business and reduce parent funding needs by over $500 million through 2030. CMS Energy reaffirmed its 2026 adjusted EPS guidance and introduced 2027 guidance, expecting to grow within its long-term 6% to 8% range. Analyst price targets have also seen adjustments during this period, with BMO Capital lowering its price target for CMS in September and October 2026. Over the last year, the stock price of CMS Energy Corporation has decreased by 10.63% as of September 22, 2026.