Welcome to our dedicated page for CMS Energy Corporation news (Ticker: $CMS), a resource for investors and traders seeking the latest updates and insights on CMS Energy Corporation stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CMS Energy Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CMS Energy Corporation's position in the market.
Rhea-AI Summary
Consumers Energy's solar power plants are unaffected by the upcoming solar eclipse, continuing to generate electricity as usual. The company plans to add 8,000 megawatts of solar energy by 2040, with the Muskegon Solar Energy Center set to operate in 2026. Consumers Energy aims to eliminate coal as an energy source by 2025 and achieve net-zero carbon emissions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.45%
Tags
-
Rhea-AI Summary
Consumers Energy and Muskegon County Resource Recovery Center partner to develop a 250-megawatt solar project, capable of powering 40,000 homes, in a bid to achieve Consumers Energy's goal of 8,000 megawatts of solar by 2040.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
-
News
Rhea-AI Summary
Consumers Energy Foundation announces top 10 finalists for Put Your Town on the Map Competition, offering $50,000 in grant funding for community projects in Michigan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
Rhea-AI Summary
CMS Energy declares a quarterly dividend on its 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C. The dividend of $0.2625 per depositary share is payable on April 15, 2024, to shareholders of record on April 1, 2024. For more information on dividend distributions and tax status, visit CMS Energy's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
Tags
-
Rhea-AI Summary
Consumers Energy, a subsidiary of CMS Energy, declares a quarterly dividend of $1.125 per share on the $4.50 preferred stock, payable on April 1, 2024. Shareholders of record as of March 4, 2024, will receive the dividend. CMS Energy, a Michigan-based energy provider, offers additional dividend information on their website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
Tags
-
News
Rhea-AI Summary
Oncourse Home Solutions (OHS) has announced its acquisition of the Consumers Energy Appliance Service Plan (ASP) business from CMS Energy (NYSE: CMS) through its affiliate American Water Resources, LLC. The transaction is expected to close in the first half of 2024, subject to customary closing conditions. The ASP business has been a leading provider of appliance protection and related services to homeowners in Michigan for over 35 years. OHS aims to expand its presence and offerings to homeowners and strengthen its customer-first approach through this acquisition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.06%
Tags
Rhea-AI Summary
Consumers Energy, a subsidiary of CMS Energy, has executed a definitive agreement to sell its internal business unit, the Appliance Service Plan, to Oncourse Home Solutions. The transaction is expected to close in the first half of 2024. ASP has been the leading provider of appliance protection and related services to homeowners in Michigan for over 35 years, with over 150,000 Michigan households as customers. Consumers Energy aims to remain focused on providing electric and natural gas service to 6.7 million residents in Michigan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.06%
Tags
-
Rhea-AI Summary
CMS Energy announced the retirement of Tim Sparks, vice president of electric supply, after more than 30 years with the company. Sri Maddipati has been named as his replacement, bringing extensive knowledge of energy markets and strong financial acumen. Jason Shore has replaced Sri as treasurer and vice president of investor relations. CMS Energy is a Michigan-based company with an electric and natural gas utility, Consumers Energy, as its primary business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.94%
Tags
-
Rhea-AI Summary
CMS Energy's Board of Directors increased the quarterly dividend on the company's common stock to 51.50 cents per share, up from 48.75 cents per share. This represents an annualized yield of 3.6 percent. The first quarter dividend for the common stock is payable Feb. 29, 2024, to shareholders of record Feb. 12, 2024. CMS Energy's president and CEO, Garrick Rochow, stated that the decision reflects the successful execution of the company's strategy. The company, which is Michigan-based, has an electric and natural gas utility, Consumers Energy, as its primary business. It also owns and operates independent power generation businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.94%
Tags
Rhea-AI Summary
CMS Energy reported a rise in earnings per share for 2023, with a significant increase in adjusted earnings per share and an 11 cent increase in annual dividend for 2024. The company also raised its 2024 adjusted earnings guidance, indicating positive financial performance and shareholder returns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.94%
Tags
CMS Energy Corporation
NYSE:CMS
CMS Rankings
CMS Stock Data
18.38B
292.53M
0.48%
96.23%
3.91%
Other Electric Power Generation
Utilities
United States of America
JACKSON
About CMS
craven county wood energy limited partnership is an oil and energy company located in 201 executive pkwy, new bern, north carolina, united states.