Is CMS Energy Stock Underperforming the S&P 500?

Core Insights - CMS Energy Corporation has a market capitalization of $21.4 billion and operates primarily through its Electric Utility, Gas Utility, and NorthStar Clean Energy segments, serving 3.7 million customers [1][2] - The company's stock has experienced fluctuations, with an 8.4% decline from its 52-week high of $76.45 and a 1.7% decrease over the past three months, underperforming the S&P 500 Index [3][4] - Despite recent stock performance issues, analysts maintain a "Moderate Buy" consensus rating with a mean price target of $80.08, indicating a potential upside of 14.4% from current levels [6] Financial Performance - CMS Energy reported Q3 2025 adjusted EPS of $0.93 and revenue of $2.02 billion, exceeding expectations [5] - The company has raised its 2025 adjusted EPS guidance to a range of $3.56 - $3.60 and initiated 2026 guidance at $3.80 - $3.87 [5] Market Comparison - CMS Energy's stock has increased 5% year-to-date, which is lower than the S&P 500's 17.1% increase [4] - Over the past 52 weeks, CMS shares have risen 3.5%, while the S&P 500 has returned 14.1% [4] - In comparison, rival NextEra Energy, Inc. has shown a year-to-date stock increase of 13.4% and a 52-week increase of 9.6% [5]