Stock Taper
CMS Energy, based in Michigan, operates electric and gas utilities serving 1.9M and 1.8M customers, generating power from diverse sources and developing renewable energy through its Enterprises segment.

Consumers Energy, a subsidiary of CMS Energy, serves over 6 million Michigan customers with electricity and natural gas, focusing on expanding clean and renewable energy sources while transitioning from coal-fired power.
In its third-quarter 2025 earnings report, CMS Energy announced it was raising the lower end of its 2025 earnings per share guidance. This decision was driven by strong financial performance, constructive regulatory outcomes, and significant growth in its capital investment pipeline, largely due to agreements with new large data centers. The company highlighted a growing pipeline of over $25 billion in capital investment opportunities, a significant increase from previous estimates, underscoring the expected long-term value for investors.
CMS Energy announced a new corporate organizational structure in May 2025, effective July 1, 2025, to support its long-term strategy and operational transformation. This strategic shift established four key business units with a heightened focus on the customer, aiming to enhance service, operational success, and the company's commitment to the 'triple bottom line' of people, planet, and prosperity.
Overall rating: A-
| PEER | PRICE | |
|---|---|---|
SO | $85.91 | COMPARE |
DUK | $115.92 | COMPARE |
ETR | $103.00 | COMPARE |
PEG | $71.53 | COMPARE |
WEC | $103.33 | COMPARE |
FTS | $52.83 | COMPARE |
DTE | $128.09 | COMPARE |
CNP | $38.67 | COMPARE |