CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through four segments: Electric Utility, Gas Utility, Enterprises, and EnerBank. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 205 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,428 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 77,833 miles of electric distribution overhead lines; 9,264 miles of underground distribution lines; 1,096 substations; and 2 battery facilities. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,410 miles of transmission lines; 15 gas storage fields; 27,958 miles of distribution mains; and 8 compressor stations. The Enterprises segment is involved in the independent power production and marketing, including the development and operation of renewable generation. It owns interests in independent power plants totalling 1,838 megawatts. The EnterBank segment operates an industrial bank providing unsecured installment loans for financing home improvements. It serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. CMS Energy Corporation was founded in 1987 and is headquartered in Jackson, Michigan.
IPO Year:
Exchange: NYSE
Website: cmsenergy.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/20/2025 | $68.00 → $75.00 | Equal Weight → Overweight | Barclays |
1/23/2025 | Buy → Neutral | Guggenheim | |
11/5/2024 | $76.00 | Buy | Jefferies |
10/15/2024 | $76.00 → $72.00 | Outperform → Neutral | Mizuho |
4/4/2024 | Buy → Neutral | UBS | |
2/2/2024 | $60.00 → $64.00 | Neutral → Buy | Guggenheim |
1/16/2024 | $62.00 | Peer Perform → Outperform | Wolfe Research |
1/8/2024 | Buy → Neutral | Seaport Research Partners | |
10/5/2023 | $57.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
8/23/2023 | $58.00 | Equal Weight | Barclays |
New Calhoun County Clean Energy Facility to Advance Customer Priorities, Strengthen Electric Grid, and Offer Clean Energy Options for Regional Businesses JACKSON, Mich., Jan. 29, 2025 /PRNewswire/ -- Consumers Energy and Hecate Energy ("Hecate") announced today that initial site work by Bechtel has begun on the 360-megawatt (MW) Sunfish Solar 2 project, progressing with a target completion date of Q2 2026. The project will be constructed in Lee Township in Calhoun County, Michigan. Capable of supplying enough energy to power approximately 69,000 Michigan homes, the project is
JACKSON, Mich., June 24, 2024 /PRNewswire/ -- Consumers Energy today announced the appointment of Angela D. Henderson as vice president of supply chain, effective July 1. Angela joins Consumers Energy from Ford Motor Co. where she held a variety of leadership roles in supply chain with rich experience in sourcing & purchasing, sustainability & diversity, and most recently in strategic and digital transformation. "I'm delighted to welcome Angela and her wealth of experience in supply chain to Consumers Energy. Her deep background in leading numerous supply chain functions at Fo
ELLICOTT CITY, Md., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Huntress, the managed security platform for small and mid-sized businesses (SMBs) and the managed service providers that support them, today announced that industry veteran Myrna Soto, who has more than three decades of experience in corporate leadership and cybersecurity, has been elected to Huntress' Board of Directors. Soto brings information technology and security experience and distinction, leading and advising cybersecurity best practices to global businesses and their consumers. Soto is the former Global CISO at Comcast Corp., Chief Strategy and Trust Officer at Forcepoint, COO at an award-winning managed security services prov
Proposal Expands Programs and Lowers Costs for Customer Options JACKSON, Mich., Sept. 21, 2023 /PRNewswire/ -- Consumers Energy today announced a sweeping new proposal to expand access and improve affordability to its renewable energy offerings, building on its already industry-leading Clean Energy Plan to eliminate coal and be carbon neutral. Consumers Energy plans to update its renewable offerings by cutting costs for community solar by more than 50% and enabling every customer to match 100% of their energy use with wind and solar. Landlords, businesses and other individuals
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) announced today that its Board of Directors has appointed Rejji Hayes as a director of Fortive. In addition, the Board has appointed Mr. Hayes to the Audit Committee of the Board. Alan Spoon, Chairman of the Board of Fortive, said, "We are extremely pleased to welcome Rejji to our Board. With his extensive leadership experience in large and complex enterprises and deep background in accounting, finance, capital markets and investment strategies, Rejji will provide invaluable expertise and perspective to the Board in its oversight of Fortive’s strategy, risk management, and financial reporting." Since 2017
JACKSON, Mich., June 18, 2025 /PRNewswire/ -- CMS Energy Corporation ("CMS Energy") (NYSE:CMS) announced today the pricing terms of the outstanding bonds listed in the table below (the "Bonds") pursuant to the previously announced cash tender offer (the "Tender Offer") for up to $147.095 million aggregate principal amount (the "Aggregate Tender Cap") of the Bonds and certain other series of bonds specified in the Offer to Purchase, dated June 4, 2025 (the "Offer to Purchase") relating to the Tender Offer, which were issued by Consumers Energy Company ("Consumers"). The terms and conditions of the Tender Offer are described in the Offer to Purchase and remain unchanged except as modified by C
JACKSON, Mich., June 18, 2025 /PRNewswire/ -- CMS Energy Corporation ("CMS Energy") (NYSE:CMS) announced today the early results and upsizing of the previously announced cash tender offer (the "Tender Offer") for up to the Aggregate Tender Cap (as defined below) of the outstanding bonds listed in the table below and certain other series of bonds (the "Bonds"), which were issued by Consumers Energy Company ("Consumers"). CMS has amended the terms of the Tender Offer to increase the combined aggregate principal amount of Bonds subject to the Tender Offer (the "Aggregate Tender Cap") from $125 million to $147.095 million. In addition, the Series Tender Cap for the 2.500% First Mortgage Bonds du
JACKSON, Mich., June 9, 2025 /PRNewswire/ -- Record-breaking severe weather has swept across the state during the first half of 2025. While these storms have left a path of destruction, Consumers Energy is proud to announce early successes from its underground power line pilot program. Initial data shows that areas included in the 9-mile pilot experienced fewer outages and improved overall system reliability compared to overhead-line service areas. Buried power lines are better protected from common outage causes, including lightning, high winds, tornadoes, heavy snow, ice and
JACKSON, Mich., June 5, 2025 /PRNewswire/ -- Consumers Energy and ESPEC North America, Inc. announced a partnership to power the West Michigan based environmental and reliability testing equipment manufacturing company with clean energy and bring new renewable energy into Michigan's electric grid. Under Consumers Energy's Renewable Energy Program, major electricity accounts at ESPEC North America will source renewable energy from new Consumers Energy Michigan-based wind and solar projects beginning in 2028. ESPEC North America can also claim the Renewable Energy Certificates (
JACKSON, Mich., June 4, 2025 /PRNewswire/ -- CMS Energy Corporation ("CMS Energy") (NYSE:CMS) announced today the commencement of a cash tender offer (the "Tender Offer") for up to $125 million aggregate principal amount (the "Aggregate Tender Cap") of the outstanding bonds listed in the table below (the "Bonds"), which were issued by Consumers Energy Company ("Consumers"). The table below summarizes certain information regarding the Bonds and the Tender Offer, including the acceptance priority levels (the "Acceptance Priority Levels"), subject to the applicable sublimit (set forth in the table below) (the "Series Tender Cap"), if applicable, and the Aggregate Tender Cap for the Bonds. The
JACKSON, Mich., May 23, 2025 /PRNewswire/ -- On the eve of the long Memorial Day weekend, Consumers Energy is reminding people to put safety first before digging into spring home projects. Michiganders should call 8-1-1, a free service, to mark underground pipes and wires before putting a shovel into the ground. "The arrival of warmer weather in the spring and summer is a great reason to get outdoors, but it's critical to know what's underground before starting your gardening or home improvement projects," said Holly Bowers, Consumers Energy's vice president of gas engineering
JACKSON, Mich., May 20, 2025 /PRNewswire/ -- Consumers Energy is hitting the road to protect the safety of its natural gas customers this year, deploying eight state-of-the-art vehicles that will survey the company's nearly 30,000-mile system to find methane leaks. "We are getting ahead of potential problems, using this advanced technology to find and fix leaks. That's important for the safety of our customers, our coworkers and our Michigan communities," said Holly Bowers, Consumers Energy's vice president of natural gas engineering and supply. "We're excited this is the firs
JACKSON, Mich., May 15, 2025 /PRNewswire/ -- CMS Energy announced today a new corporate organizational structure to support the company's operational transformation and long-term company strategy. The new structure, including new leadership roles and business units, will take effect on July 1, 2025. "CMS Energy's future strategy, long-term ambitions and business unit roadmaps will provide safe, reliable, affordable, clean and equitable energy for our customers and prepare our company for the future. This new organizational design will be a key enabler to serve our customers t
JACKSON, Mich., May 12, 2025 /PRNewswire/ -- As temperatures rise and energy demand increases, Consumers Energy is prepared to deliver safe, reliable and affordable power to customers across the region throughout the summer. Our integrated energy strategy—featuring a balanced mix of generation sources, preparation and customer programs—ensures that homes and businesses stay powered during peak demand periods. "Our priority is always to keep the lights on, especially when our customers need us most," said Sri Maddipati, vice president of electric supply. "Thanks to our diversif
JACKSON, Mich., May 5, 2025 /PRNewswire/ -- An expansion of Consumers Energy's Zeeland natural gas plant is underway and anticipated to be complete mid-June prior to the summer peak generation period, reinforcing the company's long-standing commitment to delivering reliable, affordable and flexible energy to Michigan communities. This investment is part of Consumers Energy's broader Reliability Roadmap, a strategic initiative focused on modernizing infrastructure and enhancing grid resilience to prepare for Michigan's energy future. "This expansion of our Zeeland facility is a
Barclays upgraded CMS Energy from Equal Weight to Overweight and set a new price target of $75.00 from $68.00 previously
Guggenheim downgraded CMS Energy from Buy to Neutral
Jefferies initiated coverage of CMS Energy with a rating of Buy and set a new price target of $76.00
Mizuho downgraded CMS Energy from Outperform to Neutral and set a new price target of $72.00 from $76.00 previously
UBS downgraded CMS Energy from Buy to Neutral
Guggenheim upgraded CMS Energy from Neutral to Buy and set a new price target of $64.00 from $60.00 previously
Wolfe Research upgraded CMS Energy from Peer Perform to Outperform and set a new price target of $62.00
Seaport Research Partners downgraded CMS Energy from Buy to Neutral
KeyBanc Capital Markets upgraded CMS Energy from Sector Weight to Overweight and set a new price target of $57.00
Barclays initiated coverage of CMS Energy with a rating of Equal Weight and set a new price target of $58.00
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SCHEDULE 13G - CMS ENERGY CORP (0000811156) (Subject)
8-K - CMS ENERGY CORP (0000811156) (Filer)
10-Q - CMS ENERGY CORP (0000811156) (Filer)
8-K - CMS ENERGY CORP (0000811156) (Filer)
SCHEDULE 13G/A - CMS ENERGY CORP (0000811156) (Subject)
DEFA14A - CMS ENERGY CORP (0000811156) (Filer)
JACKSON, Mich., June 18, 2025 /PRNewswire/ -- CMS Energy Corporation ("CMS Energy") (NYSE:CMS) announced today the pricing terms of the outstanding bonds listed in the table below (the "Bonds") pursuant to the previously announced cash tender offer (the "Tender Offer") for up to $147.095 million aggregate principal amount (the "Aggregate Tender Cap") of the Bonds and certain other series of bonds specified in the Offer to Purchase, dated June 4, 2025 (the "Offer to Purchase") relating to the Tender Offer, which were issued by Consumers Energy Company ("Consumers"). The terms and conditions of the Tender Offer are described in the Offer to Purchase and remain unchanged except as modified by C
JACKSON, Mich., June 18, 2025 /PRNewswire/ -- CMS Energy Corporation ("CMS Energy") (NYSE:CMS) announced today the early results and upsizing of the previously announced cash tender offer (the "Tender Offer") for up to the Aggregate Tender Cap (as defined below) of the outstanding bonds listed in the table below and certain other series of bonds (the "Bonds"), which were issued by Consumers Energy Company ("Consumers"). CMS has amended the terms of the Tender Offer to increase the combined aggregate principal amount of Bonds subject to the Tender Offer (the "Aggregate Tender Cap") from $125 million to $147.095 million. In addition, the Series Tender Cap for the 2.500% First Mortgage Bonds du
JACKSON, Mich., June 4, 2025 /PRNewswire/ -- CMS Energy Corporation ("CMS Energy") (NYSE:CMS) announced today the commencement of a cash tender offer (the "Tender Offer") for up to $125 million aggregate principal amount (the "Aggregate Tender Cap") of the outstanding bonds listed in the table below (the "Bonds"), which were issued by Consumers Energy Company ("Consumers"). The table below summarizes certain information regarding the Bonds and the Tender Offer, including the acceptance priority levels (the "Acceptance Priority Levels"), subject to the applicable sublimit (set forth in the table below) (the "Series Tender Cap"), if applicable, and the Aggregate Tender Cap for the Bonds. The
JACKSON, Mich., May 12, 2025 /PRNewswire/ -- As temperatures rise and energy demand increases, Consumers Energy is prepared to deliver safe, reliable and affordable power to customers across the region throughout the summer. Our integrated energy strategy—featuring a balanced mix of generation sources, preparation and customer programs—ensures that homes and businesses stay powered during peak demand periods. "Our priority is always to keep the lights on, especially when our customers need us most," said Sri Maddipati, vice president of electric supply. "Thanks to our diversif
JACKSON, Mich., May 2, 2025 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a dividend on the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C of the Corporation. The following dividend is payable July 15, 2025, to shareholders of record at the close of business on July 1, 2025: $0.2625 per depositary share (NYSE:CMS). Additional dividend information, including the tax status of CMS Energy's dividend distributions, can be obtained through the Tax Information section of CMS Energy's website. CMS Energy (NYSE:CMS) is a Michigan-based energy prov
JACKSON, Mich., May 2, 2025 /PRNewswire/ -- The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared a quarterly dividend on the Utility's preferred stock. The following dividend is payable July 1, 2025, to shareholders of record at the close of business on June 2, 2025: $1.125 per share on the $4.50 preferred stock (NYSE:CMS). Additional dividend information, including the tax status of Consumers Energy's dividend distributions, can be obtained through the Tax Information section of CMS Energy's website. CMS Energy (NYSE:CMS) is a Mich
JACKSON, Mich., April 14, 2025 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a quarterly dividend on the company's common stock. The dividend for the common stock (CUSIP: 125896100) is 54.25 cents per share. It is payable May 30, 2025, to shareholders of record on May 9, 2025. Additional dividend information, including the tax status of CMS Energy's dividend distributions, can be obtained through the Tax Information section of CMS Energy's website, www.cmsenergy.com. CMS Energy (NYSE:CMS) is a Michigan-based energy company featuring Consumers Energy as its
JACKSON, Mich., Feb. 14, 2025 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a dividend on the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C of the Corporation. The following dividend is payable April 15, 2025, to shareholders of record at the close of business on April 1, 2025: $0.2625 per depositary share (NYSE:CMS). Additional dividend information, including the tax status of CMS Energy's dividend distributions, can be obtained through the Tax Information section of CMS Energy's website. CMS Energy (NYSE:CMS) is a Michigan-based energy
JACKSON, Mich., Feb. 14, 2025 /PRNewswire/ -- The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared a quarterly dividend on the Utility's preferred stock. The following dividend is payable April 1, 2025, to shareholders of record at the close of business on March 3, 2025: $1.125 per share on the $4.50 preferred stock (NYSE:CMS). Additional dividend information, including the tax status of Consumers Energy's dividend distributions, can be obtained through the Tax Information section of CMS Energy's website. CMS Energy (NYSE:CMS) is a
JACKSON, Mich., Feb. 6, 2025 /PRNewswire/ -- The Board of Directors of CMS Energy today increased the quarterly dividend on the company's common stock to 54.25 cents per share, up from 51.50 cents per share. Based on Wednesday's closing price for CMS Energy common stock, $67.12, the dividend represents an annualized yield of 3.2 percent. The first quarter dividend for the common stock (CUSIP: 125896100) is payable Feb. 28, 2025, to shareholders of record Feb. 17, 2025. Garrick Rochow, CMS Energy's president and chief executive officer, said the board's decision to increase th
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