CMS Energy Corporation (CMS) has seen both highs and lows in performance compared to its peers. The utility provider has consistently demonstrated strong **annual results**, with 2023 being the 21st year in succession. Its adjusted EPS guidance for 2024 has also been raised. Despite some underperformance, CMS continues to feature in the growth trajectory compared to its competitors. Zacks Research predicts that the corporation will post FY2024 earnings of $3.32 per share, and KeyCorp has raised its price target for CMS to $68.00. In terms of leadership, CMS has undergone some changes in its finance and electric supply sectors. The company's dividend distribution practice remains steady, but the substantial stake held by significant financial institutions like Wells Fargo hints at the corporation's perceived long-term economic viability. Exploring **green energies**, CMS's subsidiary is set to build a large-scale solar farm in Michigan. Despite revenues missing estimates, the corporation’s first-quarter earnings beat expectations in Q1 2024. Looking ahead, the corporation invests $24M for the development of **smart technologies**, projecting its commitment towards innovation.
Cms Energy Corporation CMS News Analytics from Tue, 20 Jun 2023 00:08:58 GMT to Wed, 22 May 2024 21:11:00 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor 2
