CMS Energy Corp
CMS: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$95.00 | Hpnfny | Lvplnbl |
CMS Energy Earnings: Constructive Gas Rate Outcome Supports Growth Plan
We are reaffirming our $58 fair value estimate for CMS Energy after the company reported earning $1.63 per share in the first half of 2024 on an adjusted basis, up from $1.45 during the first half last year. We also reaffirm our narrow moat rating.