CMS Energy posts investor presentation outlining growth plan, capital spending and 2026 EPS guidance

CMS Energy Corporation

CMS

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CMS Energy outlined 2026 adjusted EPS guidance of $3.83-$3.9, citing execution against its plan.
Set an annual dividend per share of $2.28 for 2026, up $0.11.
Raised its 2026-2030 utility capital plan to $24 billion, up $4 billion from the prior plan, targeting 10.5% a year rate base growth to $46.8 billion by 2030.
Projected 2%-3% annual electric sales growth over 2026-2030, highlighting a roughly 9 GW economic development pipeline.
Detailed 2026 financing plans that include $1.74 billion of Consumers Energy first mortgage bonds, $1 billion of planned equity tied to a November 2025 convert at 3.125%, and about $2.4 billion of net liquidity.

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