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CMS ENERGY CORP - CMS STOCK NEWS

Welcome to our dedicated page for CMS ENERGY news (Ticker: CMS), a resource for investors and traders seeking the latest updates and insights on CMS ENERGY stock.

About CMS Energy Corp

CMS Energy Corporation (NYSE: CMS) is a Michigan-based energy company that operates as a diversified energy holding entity. At its core, CMS Energy focuses on delivering reliable, affordable, and sustainable energy solutions through its subsidiaries. The company is best known for its regulated utility, Consumers Energy, which provides electricity and natural gas services to approximately 6.8 million residents across Michigan’s Lower Peninsula. This makes it Michigan's largest energy provider, serving the energy needs of nearly 70% of the state’s population.

Core Business Segments

CMS Energy operates through three principal business segments:

  • Consumers Energy: The regulated utility arm of CMS Energy, Consumers Energy, is responsible for generating, transmitting, and distributing electricity and natural gas. It serves residential, commercial, and industrial customers, ensuring reliable energy access throughout Michigan. The utility is a cornerstone of the company’s revenue, operating under a regulated model that provides stable cash flows.
  • CMS Enterprises: This segment focuses on non-regulated energy operations, including wholesale power generation. CMS Enterprises is particularly active in renewable energy, owning and operating solar, wind, and biomass facilities. It also develops clean energy projects to support the decarbonization goals of businesses and communities.
  • NorthStar Clean Energy: A wholly owned subsidiary of CMS Energy, NorthStar specializes in renewable energy and decarbonization solutions. It operates over 2,000 megawatts of generating capacity nationwide, including solar, wind, and biomass assets. NorthStar also manages a robust development pipeline aimed at expanding renewable energy infrastructure.

Commitment to Clean Energy

CMS Energy is at the forefront of the energy transition, driven by its ambitious Clean Energy Plan. The company plans to eliminate coal as an energy source by 2025, achieve net-zero carbon emissions, and meet 90% of its energy needs through clean sources like wind and solar by 2040. Recent projects, such as the Muskegon Solar Energy Center and plans to add 8,000 megawatts of solar capacity, underscore its commitment to sustainability.

In addition to renewable energy generation, CMS Energy is investing in innovative solutions to modernize Michigan’s electric grid. These initiatives include deploying artificial intelligence, integrating electric vehicles (EVs) into the grid, and enhancing grid resilience to support the growing demand for clean energy.

Innovations in Electric Vehicle Infrastructure

Consumers Energy is playing a pivotal role in Michigan's electric vehicle transformation. Through its Transportation Electrification Plan, the company aims to power 1,500 public fast-charging locations by the end of the decade. These efforts are complemented by rebate programs for residential and commercial EV chargers, making EV adoption more accessible and cost-effective for customers.

Grid Modernization and Reliability

CMS Energy is heavily investing in grid modernization to enhance reliability and reduce outages. Its Electric Reliability Roadmap includes burying power lines, installing advanced sensors, and deploying robotic technologies to strengthen the grid. These upgrades have already reduced outage times and improved customer satisfaction.

Competitive Positioning

CMS Energy operates in a competitive landscape that includes other regulated utilities and renewable energy providers. The company differentiates itself through its integrated approach to clean energy, customer-focused programs, and significant investments in technology and infrastructure. Its ability to balance regulatory compliance with innovation positions it as a leader in the energy sector.

Challenges and Opportunities

Like all energy providers, CMS Energy faces challenges such as regulatory hurdles, the high cost of infrastructure upgrades, and the evolving energy market. However, its proactive approach to clean energy, grid modernization, and customer engagement provides significant opportunities for growth and long-term stability.

Conclusion

CMS Energy Corporation is more than just an energy provider; it is a forward-thinking leader committed to shaping a sustainable energy future. Through its regulated utility operations, renewable energy initiatives, and strategic investments, CMS Energy is well-positioned to meet the evolving needs of its customers while advancing Michigan’s clean energy goals.

News

CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock

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CMS Energy declares a quarterly dividend on its 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C. The dividend of $0.2625 per depositary share is payable on April 15, 2024, to shareholders of record on April 1, 2024. For more information on dividend distributions and tax status, visit CMS Energy's website.
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Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock

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Consumers Energy, a subsidiary of CMS Energy, declares a quarterly dividend of $1.125 per share on the $4.50 preferred stock, payable on April 1, 2024. Shareholders of record as of March 4, 2024, will receive the dividend. CMS Energy, a Michigan-based energy provider, offers additional dividend information on their website.
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ONCOURSE HOME SOLUTIONS ANNOUNCES ACQUISITION OF CONSUMERS ENERGY APPLIANCE SERVICE PLAN BUSINESS

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Oncourse Home Solutions (OHS) has announced its acquisition of the Consumers Energy Appliance Service Plan (ASP) business from CMS Energy (NYSE: CMS) through its affiliate American Water Resources, LLC. The transaction is expected to close in the first half of 2024, subject to customary closing conditions. The ASP business has been a leading provider of appliance protection and related services to homeowners in Michigan for over 35 years. OHS aims to expand its presence and offerings to homeowners and strengthen its customer-first approach through this acquisition.
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CONSUMERS ENERGY ANNOUNCES THE SALE OF ITS APPLIANCE SERVICE PLAN BUSINESS TO ONCOURSE HOME SOLUTIONS

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Consumers Energy, a subsidiary of CMS Energy, has executed a definitive agreement to sell its internal business unit, the Appliance Service Plan, to Oncourse Home Solutions. The transaction is expected to close in the first half of 2024. ASP has been the leading provider of appliance protection and related services to homeowners in Michigan for over 35 years, with over 150,000 Michigan households as customers. Consumers Energy aims to remain focused on providing electric and natural gas service to 6.7 million residents in Michigan.
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CMS Energy Announces Finance and Electric Supply Leadership Changes

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CMS Energy announced the retirement of Tim Sparks, vice president of electric supply, after more than 30 years with the company. Sri Maddipati has been named as his replacement, bringing extensive knowledge of energy markets and strong financial acumen. Jason Shore has replaced Sri as treasurer and vice president of investor relations. CMS Energy is a Michigan-based company with an electric and natural gas utility, Consumers Energy, as its primary business.
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CMS Energy's Board of Directors Increases Quarterly Dividend on Common Stock to 51.50 Cents Per Share

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CMS Energy's Board of Directors increased the quarterly dividend on the company's common stock to 51.50 cents per share, up from 48.75 cents per share. This represents an annualized yield of 3.6 percent. The first quarter dividend for the common stock is payable Feb. 29, 2024, to shareholders of record Feb. 12, 2024. CMS Energy's president and CEO, Garrick Rochow, stated that the decision reflects the successful execution of the company's strategy. The company, which is Michigan-based, has an electric and natural gas utility, Consumers Energy, as its primary business. It also owns and operates independent power generation businesses.
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CMS Energy Announces Strong 2023 Results for the 21st Consecutive Year and Raises 2024 Adjusted EPS Guidance

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CMS Energy reported a rise in earnings per share for 2023, with a significant increase in adjusted earnings per share and an 11 cent increase in annual dividend for 2024. The company also raised its 2024 adjusted earnings guidance, indicating positive financial performance and shareholder returns.
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Consumers Energy and Consumers Energy Foundation Donate More than $11 Million in 2023

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The Consumers Energy Foundation, Consumers Energy, and its employees and retirees donated over $11 million in grants, sponsorships, and funding to nonprofits and municipalities in Michigan in 2023. This included $1.5 million in signature grants, $755,000 donated by employees and retirees for the United Way campaign, and $200,000 for the Diversity, Equity, and Inclusion Grantmaking Program. Employees and retirees also volunteered over 65,000 hours to support nonprofits, with key community events supported across the state. The Consumers Energy Foundation, Consumers Energy, its employees, and retirees are not funded by customer rates. The Consumers Energy Foundation contributed to the growth and strengthening of Michigan communities by investing in people, the planet, and Michigan's prosperity.
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Consumers Energy Foundation Planet Awards to Provide $500,000 to Environmental Projects

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The Consumers Energy Foundation is offering $500,000 in grants through the 2024 Planet Awards to support Michigan nonprofits and municipalities working to make a positive impact on the state's land, water, and air. The awards are the first of three $500,000 grant rounds in 2024, totaling $1.5 million. The Foundation is seeking letters of intent to support projects improving Michigan's environment in the categories of Land, Water, and Air. Last year's Planet Awards helped protect threatened and endangered species and create natural spaces. Consumers Energy Foundation, the charitable arm of Consumers Energy, contributed over $11 million to Michigan nonprofits in 2023. Consumers Energy is the principal subsidiary of CMS Energy, providing natural gas and/or electricity to 6.7 million of Michigan's 10 million residents in all 68 Lower Peninsula counties.
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Consumers Energy Foundation to Award $50,000 for Three Small Towns in Put Your Town on the Map Competition

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The Consumers Energy Foundation is hosting the Put Your Town on the Map pitch competition, offering $50,000 in grant funding for small communities in Michigan. The competition aims to support projects that drive business attraction, economic development, and population growth in communities with up to 10,000 residents. The top three winners will receive grants worth $25,000, $15,000, and $10,000 respectively. The competition is sponsored by the Consumers Energy Foundation and the Community Economic Development Association of Michigan (CEDAM). The Consumers Energy Foundation, along with Consumers Energy, its employees, and retirees, contributed over $11 million to Michigan nonprofits in 2023.
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FAQ

What is the current stock price of CMS ENERGY (CMS)?

The current stock price of CMS ENERGY (CMS) is $72.69 as of April 4, 2025.

What is the market cap of CMS ENERGY (CMS)?

The market cap of CMS ENERGY (CMS) is approximately 22.5B.

What is CMS Energy's primary business?

CMS Energy operates as a diversified energy holding company, with its regulated utility, Consumers Energy, providing electricity and natural gas services to Michigan residents.

How does CMS Energy generate revenue?

The company generates revenue through its regulated utility operations, wholesale power generation, and renewable energy projects managed by its subsidiaries.

What is CMS Energy's Clean Energy Plan?

CMS Energy's Clean Energy Plan aims to eliminate coal as an energy source by 2025, achieve net-zero carbon emissions, and source 90% of energy needs from clean sources like wind and solar by 2040.

How is CMS Energy contributing to electric vehicle adoption?

Consumers Energy, a CMS Energy subsidiary, is expanding EV charging infrastructure across Michigan and offering rebate programs for residential and commercial EV chargers.

What renewable energy projects does CMS Energy operate?

CMS Energy operates solar, wind, and biomass facilities through its subsidiaries, including NorthStar Clean Energy, which manages over 2,000 megawatts of generating capacity.

What challenges does CMS Energy face in its market?

CMS Energy faces challenges such as regulatory compliance, the high cost of infrastructure modernization, and competition from other energy providers.

How is CMS Energy improving grid reliability?

CMS Energy is investing in grid modernization through its Electric Reliability Roadmap, which includes burying power lines, installing sensors, and deploying advanced technologies to reduce outages.

What makes CMS Energy unique in the energy sector?

CMS Energy stands out for its integrated approach to clean energy, customer-focused programs, and significant investments in renewable energy and grid modernization.
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CMS ENERGY CORP

NYSE:CMS

CMS Rankings

#389 Ranked by Market Cap
#1236 Ranked by Dividends

CMS Stock Data

22.46B
296.78M
0.45%
97.03%
3.01%
Utilities - Regulated Electric
Electric & Other Services Combined
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United States
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