Highest-materiality recent filing
Consumers Energy issues $850M of 5.125% First Mortgage Bonds due 2036
Principal amount $850M; 5.125% coupon; maturity 2036.
CMS Energy Q1 adj. EPS $1.13 beats $1.02 prior year; reaffirms 2026 guidance $3.83-$3.90
Q1 2026 reported EPS $1.10, adj. EPS $1.13 vs $1.02 in Q1 2025.
CMS Energy elects Diane Leopold and Richard Keyes to board of directors
Diane Leopold, former EVP & COO of Dominion Energy, and Richard Keyes, CEO of Meijer, joined CMS and Consumers Energy boards effective Feb 20, 2026.
2025 reported EPS $3.53 (prior $3.33); adjusted EPS $3.61 (prior $3.34), exceeded guidance driven by NorthStar Clean Energy.
CMS Energy upsizes revolver to $750M, extends maturity to 2030; adds $300M Consumers facility
CMS Energy revolver increased from $550M to $750M; both CMS and Consumers facilities mature November 21, 2030.
CMS Energy Q3 adj EPS $0.93 beats $0.84 YoY; raises 2025 guidance, initiates 2026
Q3 2025 reported EPS $0.92, adjusted EPS $0.93; YTD adjusted EPS $2.66 vs $2.47 in 2024.
CMS Energy Q2 adjusted EPS $0.71 beats prior year; reaffirms 2025 guidance $3.54-$3.60
Adjusted EPS $0.71 vs $0.66 in Q2 2024; reported EPS $0.66 vs $0.65.
Director Kurt Darrow to retire from CMS Energy and Consumers boards effective July 1, 2025
Kurt Darrow informed CMS Energy and Consumers Energy of his retirement from the boards, effective July 1, 2025.
CMS Energy reorganizes, names Tonya Berry EVP & COO, new business units effective July 1
Tonya L. Berry appointed EVP & COO of CMS Energy and Consumers Energy, effective July 1, 2025.
CMS Energy and Consumers Energy shareholders elect all director nominees, approve advisory items
10 CMS Energy directors elected with strong support; say-on-pay approved 240.4M for; PwC ratified 261.1M for.
$500M of 4.50% First Mortgage Bonds due 2031 and $625M of 5.05% First Mortgage Bonds due 2035 issued on May 2, 2025.
CMS Energy Q1 adjusted EPS $1.02 vs $0.97 YoY; reaffirms 2025 guidance $3.54-$3.60
Reported EPS $1.01 (up $0.05); adjusted EPS $1.02 (up $0.05) YoY.
CMS Energy 2024 adjusted EPS $3.34, raises 2025 guidance to $3.54-$3.60, dividend up 11¢ to $2.17
Reported EPS $3.33, adjusted EPS $3.34 for 2024; 2023 adjusted EPS $3.11.
CMS Energy Q3 adj EPS $0.84 (+38% YoY); 2025 guidance $3.52-$3.58
Q3 reported EPS $0.84 (vs $0.60 YoY); adjusted EPS $0.84 (vs $0.61 YoY).
Consumers Energy prices $700M of 4.70% First Mortgage Bonds due 2030
Issued $700M aggregate principal amount of 4.70% First Mortgage Bonds maturing 2030.
CMS Energy Q2 2024 adjusted EPS $0.66 vs $0.75 YoY; reaffirms full-year guidance
Q2 reported EPS $0.65 (2023: $0.67); adjusted EPS $0.66 (2023: $0.75).
CMS Energy shareholders approve elimination of supermajority vote requirements
Amendment to Restated Articles to remove supermajority provisions approved with 244.97M votes for, 5.72M against.
CMS Energy Q1 adjusted EPS $0.97 vs $0.70; reaffirms 2024 guidance $3.29-$3.35
Adjusted EPS $0.97, up from $0.70 YoY, driven by higher weather-normalized sales and lower storm costs.
CMS Energy posts adjusted EPS $3.11 in 2023, raises 2024 guidance and dividend
Reported EPS $3.01 vs $2.85 in 2022; adjusted EPS $3.11 vs $2.89.
Consumers Energy issues $600M of 4.60% First Mortgage Bonds due 2029
$600M aggregate principal of 4.60% First Mortgage Bonds due 2029 issued on Jan 9, 2024.
Consumers Energy extends $250M secured revolver to November 2025
Consumers Energy extended its $250M secured revolver to November 18, 2025 (one-year extension).
CMS Energy Q3 adjusted EPS $0.61 vs $0.56 YoY; introduces 2024 guidance $3.27-$3.33
Q3 reported EPS $0.60, adjusted EPS $0.61 (vs $0.56 both measures YoY).
Consumers Energy issues $500M 4.90% First Mortgage Bonds due 2029, proceeds to redeem $325M bonds
Issued $500M of 4.90% First Mortgage Bonds due 2029 under shelf registration.
CMS Energy Q2 adj EPS $0.75 beats $0.53 YoY; reaffirms FY adj EPS $3.06-$3.12
Reported Q2 EPS $0.67 vs $0.50 YoY; adjusted EPS $0.75 vs $0.53 YoY.
Consumers Energy closes $400M First Mortgage Bond issuance across four maturities
$115M 5.24% due 2026, $50M 5.07% due 2029, $95M 5.17% due 2032, $140M 5.38% due 2037.
Ralph Izzo elected to CMS Energy and Consumers Energy boards
Ralph Izzo, retired chairman, president and CEO of PSEG, elected to the boards effective May 15, 2023.
CMS Energy and Consumers Energy annual meetings approve all directors, say-on-pay, auditor
All 11 CMS Energy director nominees elected with over 96% support; similar results at Consumers Energy.
CMS Energy Q1 adjusted EPS $0.70, down 42% YoY; reaffirms FY23 guidance $3.06-$3.12
Q1 reported EPS $0.69, adjusted EPS $0.70, vs $1.21 and $1.20 in Q1 2022.
Consumers Energy issues $700M of 4.625% First Mortgage Bonds due 2033
Issued $700M aggregate principal of 4.625% First Mortgage Bonds due 2033.
2022 GAAP EPS $2.85 vs $4.66 in 2021; adjusted EPS $2.89 vs $2.65.
Consumers Energy (CMS subsidiary) to issue $400M in first mortgage bonds via private placement
Total $400M: $115M 5.24% due 2026, $50M 5.07% due 2029, $95M 5.17% due 2032, $140M 5.38% due 2037.
Consumers Energy issues $425M 4.65% First Mortgage Bonds due 2028
$425M aggregate principal amount of 4.65% First Mortgage Bonds maturing in 2028 issued on Jan 10, 2023.
CMS Energy amended its $550M revolving credit facility; new five-year term expires Dec 2027.
Consumers Energy extends $250M credit line to Nov 2024, swaps LIBOR for SOFR
First Amendment to $250M secured revolving credit agreement with Bank of Nova Scotia.
CMS Energy raises 2022 adj EPS guidance, introduces 2023 outlook; Q3 adj EPS $0.56
Q3 2022 adjusted EPS $0.56 vs $0.54 YoY; GAAP EPS $0.56 vs $0.64 due to discontinued ops.
Issued $350M of 3.60% First Mortgage Bonds due 2032 and $450M of 4.20% First Mortgage Bonds due 2052, totaling $800M.
CMS Energy Q2 adjusted EPS $0.53 vs $0.55 YoY; reaffirms 2022 guidance $2.85-$2.89
Reported EPS $0.50, adjusted EPS $0.53; prior year $0.61/$0.55.
Michigan regulators approve Consumers Energy plan to end coal by 2025, add 8 GW solar
MPSC approved integrated resource plan settlement; coal plant retirements by 2025 (15 years faster).
CMS Energy and Consumers Energy shareholders approve all proposals at 2022 annual meetings
All 11 CMS Energy director nominees elected; each received over 232M votes in favor.
CMS Energy Q1 adjusted EPS rises to $1.20; reaffirms FY22 guidance $2.85-$2.89
Q1 reported EPS $1.21 flat YoY; adjusted EPS $1.20 vs $1.09, up 10¢.
Consumers Energy settles Clean Energy Plan: coal-free by 2025, 8 GW solar, 550 MW storage
Agreement to close all three J.H. Campbell coal units by 2025 and two D.E. Karn units by 2023.
CMS Energy names Tonya Berry SVP Transformation & Engineering; CFO Hayes adds operational oversight
Jean-François Brossoit departs Feb 4, 2022; Tonya L. Berry appointed SVP Transformation & Engineering effective immediately.
CMS Energy raises 2022 adjusted EPS guidance to $2.85-$2.89; reports 2021 adjusted EPS $2.65
2021 adjusted EPS $2.65 vs $2.47 in 2020, a 7% increase.
Consumers Energy extends $250M secured revolver maturity to Nov 2023
Extended termination date of $250M secured revolving credit facility to November 19, 2023.
CMS Energy Q3 adj EPS $0.54; raises 2021 guidance to $2.63-$2.65; sold EnerBank for >$1B
Q3 reported EPS from continuing ops $0.54 (down from $0.72 YoY); adjusted EPS $0.54 vs $0.73.
CMS Energy closes sale of EnerBank USA to Regions Bank for ~$1B
Sale of home improvement lender EnerBank to Regions Bank closed October 1, 2021.
Consumers Energy issues $300M of 2.65% First Mortgage Bonds due 2052
$300M aggregate principal of 2.65% First Mortgage Bonds due 2052 issued on August 12, 2021.
CMS Energy Q2 adj EPS $0.55 vs $0.46 YoY; guidance toward high end
Reported EPS $0.61, up from $0.48 YoY; adjusted continuing ops EPS $0.55 vs $0.46.
CMS Energy extends $550M and $850M credit facilities to June 2024
CMS Energy's $550M revolving credit facility termination date extended to June 5, 2024, effective June 30, 2021.
On June 5, 2025, Kurt Darrow, who has served as a member of the CMS Energy Corporation (“CMS Energy”) and Consumers Energy Company (“Consumers”) Boards of Directors (“Boards”) since 2013, informed CMS Energy and Consumers that he has decided to retire from the Boards, effective July 1, 2025.
Effective as of May 15, 2023, Ralph Izzo has been elected to the Boards of Directors (“Boards”) of CMS Energy Corporation (“CMS Energy”) and its principal subsidiary, Consumers Energy Company (“Consumers Energy”).
Max materiality 0.75 · Median 0.60 · Most common event earnings