Jackson, Michigan-based CMS Energy Corporation (CMS) operates as an energy utilities company. With a market cap of $20.5 billion, CMS Energy operates through the Electric Utility, Gas Utility, and Enterprises segment, providing electricity and natural gas to millions of residents in Michigan.
The utilities major has lagged behind the broader market over the past year. CMS Energy’s stock prices have gained 18% in 2024 and 19.9% over the past 52 weeks compared to the S&P 500 Index’s ($SPX) 24.1% gains on a YTD basis and 30.1% returns over the past year.
