CMS Energy (CMS) Set to Post Quarterly Earnings on Tuesday

CMS Energy (NYSE:CMS) is projected to release its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect the company to post earnings of $1.30 per share and revenue of $2.17 billion for the quarter. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Parties can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 10:00 AM ET.

CMS Energy (NYSE:CMS) last released its earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.01. The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.87 billion. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%. CMS Energy’s revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.71 EPS. On average, analysts expect CMS Energy to post $3.87 EPS for the current fiscal year and $4.16 EPS for the next fiscal year.

CMS Energy Stock Down 2.0%

Shares of NYSE:CMS opened at $67.34 on Tuesday. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.67. The firm has a market capitalization of $21.12 billion, a PE ratio of 20.22, a price-to-earnings-growth ratio of 2.51 and a beta of 0.32. The firm’s 50-day moving average is $66.97 and its two-hundred day moving average is $71.95. CMS Energy has a 1 year low of $62.28 and a 1 year high of $80.36.

CMS Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 6th will be issued a $0.57 dividend. The ex-dividend date is Friday, November 6th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.4%. CMS Energy’s payout ratio is 68.47%.

Analyst Upgrades and Downgrades

CMS has been the topic of several recent research reports. Weiss Ratings downgraded shares of CMS Energy from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Morgan Stanley decreased their price target on shares of CMS Energy from $79.00 to $77.00 and set an “equal weight” rating for the company in a research report on Friday, September 18th. Scotiabank restated a “sector outperform” rating and issued a $78.00 price target on shares of CMS Energy in a research note on Thursday, October 1st. Mizuho cut their price objective on CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 29th. Finally, Wall Street Zen upgraded CMS Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday, July 5th. Seven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, CMS Energy presently has a consensus rating of “Moderate Buy” and an average target price of $78.56.

About CMS Energy

CMS Energy Corporation is an energy company headquartered in Jackson, Michigan. Through its principal subsidiary, Consumers Energy, the company provides electric and natural gas utility services to residential, commercial and industrial customers throughout Michigan.

Consumers Energy operates and maintains electric generation, transmission and distribution infrastructure, as well as natural gas storage and distribution systems. CMS Energy also conducts independent power generation and energy-related activities through its businesses focused on renewable energy, natural gas and other power projects.

Founded in 1987 as a holding company, CMS Energy traces its utility operations to Consumers Power Company, which was established in Michigan in the late 19th century.