CMS Energy Corp
CMS: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$55.00 | Hnfyty | Ktxbxlnzn |
CMS Energy Earnings: Growth Plan Set to Continue Into 2024 and Beyond
We are reaffirming our $55 fair value estimate for CMS Energy after the company reported third-quarter adjusted EPS of $0.61, up from $0.56 in the third quarter of 2022. Earnings are on track to meet our full-year outlook. We are reaffirming our narrow moat rating.