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

CMS Energy (NYSE: CMS) has recently received a number of price target changes and ratings updates:

• 6/8/2026 – CMS Energy had its “overweight” rating reaffirmed by KeyCorp. They now have a $83.00 price target on the stock.
• 6/5/2026 – CMS Energy had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 6/4/2026 – CMS Energy had its price target lowered by BMO Capital Markets from $82.00 to $81.00. They now have an “outperform” rating on the stock.
• 6/4/2026 – CMS Energy was downgraded by Jefferies Financial Group Inc. from “buy” to “hold”. They now have a $74.00 price target on the stock, down from $88.00.
• 5/21/2026 – CMS Energy was given a new $77.00 price target by Morgan Stanley.
• 5/18/2026 – CMS Energy had its price target lowered by Truist Financial Corporation from $86.00 to $83.00. They now have a “buy” rating on the stock.
• 5/14/2026 – CMS Energy had its price target lowered by JPMorgan Chase & Co. from $86.00 to $82.00. They now have an “overweight” rating on the stock.
• 5/11/2026 – CMS Energy had its price target lowered by BMO Capital Markets from $85.00 to $82.00. They now have an “outperform” rating on the stock.
• 4/29/2026 – CMS Energy had its price target lowered by Barclays PLC from $81.00 to $79.00. They now have an “overweight” rating on the stock.
• 4/21/2026 – CMS Energy was given a new $80.00 price target by Wells Fargo & Company.
• 4/21/2026 – CMS Energy had its price target raised by Bank of America Corporation from $82.00 to $88.00. They now have a “buy” rating on the stock.
• 4/21/2026 – CMS Energy is now covered by Truist Financial Corporation. They set a “buy” rating and a $86.00 price target on the stock.
• 4/20/2026 – CMS Energy was upgraded by Truist Financial Corporation to “strong-buy”.
• 4/17/2026 – CMS Energy had its price target lowered by BMO Capital Markets from $86.00 to $85.00. They now have an “outperform” rating on the stock.
• 4/13/2026 – CMS Energy had its price target raised by BMO Capital Markets from $80.00 to $86.00. They now have an “outperform” rating on the stock.

CMS Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 8th were paid a dividend of $0.57 per share. The ex-dividend date was Friday, May 8th. This represents a $2.28 dividend on an annualized basis and a yield of 3.1%. CMS Energy’s dividend payout ratio is 62.98%.

Insider Transactions at CMS Energy

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total transaction of $222,930.00. Following the sale, the senior vice president directly owned 67,111 shares in the company, valued at $4,987,018.41. This represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.50% of the stock is owned by company insiders.

CMS Energy (NYSE: CMS) is an energy company based in Jackson, Michigan, whose principal business is the regulated utility operations of its subsidiary, Consumers Energy. The company is primarily focused on providing electric and natural gas service to customers in Michigan, operating the generation, transmission and distribution infrastructure necessary to deliver energy to residential, commercial and industrial customers. Headquartered in Jackson, CMS Energy conducts its core activities within the state and is regulated by state utility authorities.

Through Consumers Energy and related subsidiaries, CMS Energy develops, owns and operates a portfolio of generation assets and delivers a range of customer-facing services, including electricity and natural gas supply, grid management, energy efficiency programs and demand-response offerings.