Research Analysts’ Recent Ratings Updates for CMS Energy (CMS)

Several brokerages have updated their recommendations and price targets on shares of CMS Energy (NYSE: CMS) in the last few weeks:

• 10/19/2026 – CMS Energy had its price target raised by BMO Capital Markets from $73.00 to $76.00. They now have an “outperform” rating on the stock.
• 10/16/2026 – CMS Energy had its price target lowered by Barclays PLC from $81.00 to $72.00. They now have an “overweight” rating on the stock.
• 10/14/2026 – CMS Energy had its price target lowered by Truist Financial Corporation from $81.00 to $77.00. They now have a “buy” rating on the stock.
• 10/8/2026 – CMS Energy was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 10/6/2026 – CMS Energy was given a new $73.00 price target by Royal Bank Of Canada.
• 10/6/2026 – CMS Energy was given a new $73.00 price target by Capital One Financial Corporation.
• 10/6/2026 – CMS Energy had its price target lowered by BMO Capital Markets from $77.00 to $73.00. They now have an “outperform” rating on the stock.
• 10/1/2026 – CMS Energy had its “sector outperform” rating reaffirmed by Scotiabank. They now have a $78.00 price target on the stock.
• 9/18/2026 – CMS Energy had its price target lowered by Morgan Stanley from $79.00 to $77.00. They now have an “equal weight” rating on the stock.
• 9/15/2026 – CMS Energy had its price target lowered by Jefferies Financial Group Inc. from $78.00 to $74.00. They now have a “hold” rating on the stock.
• 9/8/2026 – CMS Energy had its price target lowered by BMO Capital Markets from $82.00 to $77.00. They now have an “outperform” rating on the stock.
• 8/26/2026 – CMS Energy had its “buy” rating reaffirmed by Argus. They now have a $80.00 price target on the stock.
• 8/21/2026 – CMS Energy had its price target lowered by Morgan Stanley from $80.00 to $79.00. They now have an “equal weight” rating on the stock.

CMS Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Friday, November 6th will be issued a dividend of $0.57 per share. The ex-dividend date is Friday, November 6th. This represents a $2.28 annualized dividend and a dividend yield of 3.3%. CMS Energy’s payout ratio is currently 68.47%.

CMS Energy Corporation is an energy company headquartered in Jackson, Michigan. Through its principal subsidiary, Consumers Energy, the company provides electric and natural gas utility services to residential, commercial and industrial customers throughout Michigan.

Consumers Energy operates and maintains electric generation, transmission and distribution infrastructure, as well as natural gas storage and distribution systems. CMS Energy also conducts independent power generation and energy-related activities through its businesses focused on renewable energy, natural gas and other power projects.

Founded in 1987 as a holding company, CMS Energy traces its utility operations to Consumers Power Company, which was established in Michigan in the late 19th century.