CMS Energy Corp

CMS: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$75.00	Dkvrhj	Cptldbqdq

CMS Energy Earnings: Long-Term Growth Plan on Track, but Key Regulatory Decisions Loom

Travis Miller

Apr 25, 2024

We are reaffirming our $57 fair value estimate for CMS Energy after the company reported earning $0.97 per share in the first quarter on an adjusted basis, up from $0.70 in the first quarter last year. We are reaffirming our narrow moat rating.

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