CMS Energy expects 2026 adjusted EPS toward high end of $3.83-$3.90 guidance
CMS•CMS Energy expects 2026 adjusted EPS toward the high end of its $3.83-$3.90 guidance. Nine-month adjusted EPS rose to $2.95 from $2.66 a year earlier, and 2027 guidance is $4.08-$4.17.
1. Earnings and outlook
CMS Energy expects 2026 adjusted EPS toward the high end of its $3.83-$3.90 guidance. Adjusted EPS for the first nine months was $2.95, up from $2.66 a year earlier. For 2027, the company projects adjusted EPS of $4.08-$4.17, including NorthStar restructuring.
2. Long-term targets
CMS Energy projects long-term adjusted EPS growth toward the high end of 6%-8% and a dividend payout ratio near 55% over time. NorthStar restructuring is expected to reduce funding needs by more than $500 million through 2030.
