Morgan Stanley cuts CMS Energy price target to $73, keeps Equal-Weight

Morgan Stanley lowers CMS Energy price target to $73 from $77. Rating maintained at Equal-Weight by analyst Stephen Byrd. Follows Truist Securities' recent cut to $77 with Buy rating. Cumulative price target reduction signals cautious analyst sentiment.

Morgan Stanley lowers CMS Energy price target to $77

Morgan Stanley lowers CMS Energy price target from $79 to $77. Rating remains at Equal-Weight per analyst Stephen Byrd. No specific operational or financial drivers cited for the cut.

Argus Research reiterates Buy on CMS Energy, keeps $80 target

Argus Research reiterates Buy rating on CMS Energy (NYSE: CMS). Price target maintained at $80 per share. Analyst Marie Ferguson confirms unchanged outlook.

CMS Energy declares $0.2625 quarterly dividend on Series C preferred stock

CMS Energy has announced a quarterly dividend of $0.2625 per depositary share for its Series C preferred stock. The payment is due on Oct 15, 2026, to shareholders of record on Oct 1, 2026. This distribution aligns with the 4.200% coupon rate of the cumulative redeemable perpetual preferred stock.

Consumers Energy declares $1.125 quarterly preferred dividend

Consumers Energy, a subsidiary of CMS Energy, declared a $1.125 per share quarterly dividend on its $4.50 preferred stock. The payment is scheduled for Oct. 1, 2026, with a record date of Sept. 2, 2026. This action supports income-focused investors holding shares traded on the NYSE under the ticker CMS.

CMS Energy exits NorthStar renewables to focus on regulated services

CMS Energy is exiting its non-utility renewables business, NorthStar Clean Energy, to focus on regulated services and simplify its structure. The company will retain Michigan assets like Dearborn Industrial Generation. CMS reaffirmed 2026 EPS guidance of $3.83-$3.90 and set 2027 guidance at $4.08-$4.17, maintaining long-term growth targets of 6-8%.