With a market cap of $23.5 billion, CMS Energy Corporation (CMS) provides electricity and natural gas to approximately 1.9 million electric and 1.8 million gas customers across residential, commercial, and industrial sectors. It operates through Electric Utility, Gas Utility, and NorthStar Clean Energy segments, with a strong focus on power generation, energy distribution, and renewable energy development.
Shares of the Jackson, Michigan-based company have lagged behind the broader market over the past 52 weeks. CMS stock has returned 9.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 11.8%. However, shares of the company are up 9.7% on a YTD basis, outpacing SPX's marginal decline.
