With a market cap of $23.9 billion, CMS Energy Corporation (CMS) operates across three segments: Electric Utility, Gas Utility, and NorthStar Clean Energy, providing electricity and natural gas to millions of residential, commercial, and industrial customers. It manages extensive infrastructure and generates power from a diverse mix of sources including coal, gas, nuclear, and renewables.
The Jackson, Michigan-based company is set to announce its fiscal Q1 2026 results soon. Ahead of this event, analysts forecast CMS to report an adjusted EPS of $1.16, up 13.7% from $1.02 in the year-ago quarter. It has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion.
For fiscal 2026, analysts expect the energy company to report an adjusted EPS of $3.86, a rise of 6.9% from $3.61 in fiscal 2025. Moreover, adjusted EPS is anticipated to grow 7.8% year-over-year to $4.16 in fiscal 2027.
Shares of CMS have returned 3.3% over the past 52 weeks, underperforming both the S&P 500 Index's ($SPX) nearly 17% increase and the State Street Utilities Select Sector SPDR ETF's (XLU) 16.2% gain over the same period.
Shares of CMS Energy Corporation rose 1.8% on Feb. 5 after the company reported strong Q4 2025 results, with adjusted EPS of $3.61, up from $3.34 in 2024 and above guidance, driven largely by outperformance at NorthStar Clean Energy. Investor sentiment was further boosted as CMS Energy raised its 2026 adjusted EPS guidance to a range of $3.83 - $3.90 and reaffirmed long-term adjusted EPS growth of 6% to 8%.
Analysts' consensus view on CMS’ stock is cautiously optimistic, with a "Moderate Buy" rating overall. Among 16 analysts covering the stock, eight recommend "Strong Buy" and eight suggest "Hold." The average analyst price target for CMS Energy is $80.69, suggesting a potential upside of 4.1% from current levels.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
