CMS Energy Corp

CMS: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$68.00	Tcqbzm	Hbjkdjc

CMS Energy Earnings: Growth Plan Set to Continue Into 2024 and Beyond

Travis Miller

Oct 26, 2023

We are reaffirming our $55 fair value estimate for CMS Energy after the company reported third-quarter adjusted EPS of $0.61, up from $0.56 in the third quarter of 2022. Earnings are on track to meet our full-year outlook. We are reaffirming our narrow moat rating.

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