CMS Energy Corporation (NYSE:CMS – Get Free Report) has been given an average recommendation of “Moderate Buy” by the twelve analysts that are presently covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $80.9167.
A number of equities analysts have commented on the stock. Truist Financial dropped their target price on shares of CMS Energy from $86.00 to $83.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Wall Street Zen upgraded CMS Energy from a “strong sell” rating to a “sell” rating in a report on Sunday, July 5th. KeyCorp reaffirmed an “overweight” rating and set a $83.00 target price on shares of CMS Energy in a research report on Monday, June 8th. Morgan Stanley set a $77.00 target price on CMS Energy in a report on Thursday, May 21st. Finally, Barclays raised their price target on CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a research note on Tuesday.
Read Our Latest Stock Analysis on CMS Energy
Insider Buying and Selling
Hedge Funds Weigh In On CMS Energy
A number of large investors have recently bought and sold shares of CMS. Sound Income Strategies LLC lifted its holdings in CMS Energy by 84.4% during the fourth quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after buying an additional 157 shares during the period. Scarborough Advisors LLC bought a new position in shares of CMS Energy in the 1st quarter worth $31,000. Elyxium Wealth LLC purchased a new stake in shares of CMS Energy during the 4th quarter worth $29,000. DV Equities LLC purchased a new stake in shares of CMS Energy during the 4th quarter worth $29,000. Finally, MidFirst Bank bought a new stake in CMS Energy during the fourth quarter valued at about $31,000. Institutional investors own 93.57% of the company’s stock.
CMS Energy Trading Down 0.9%
CMS opened at $73.69 on Monday. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.66 and a current ratio of 0.84. The stock’s 50 day moving average price is $74.13 and its 200-day moving average price is $74.57. CMS Energy has a one year low of $68.64 and a one year high of $80.36. The stock has a market cap of $22.76 billion, a price-to-earnings ratio of 20.35, a P/E/G ratio of 2.69 and a beta of 0.35.
CMS Energy (NYSE:CMS – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.02. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The company had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.46 billion. During the same quarter in the previous year, the business earned $1.02 EPS. CMS Energy’s revenue was up 11.6% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. On average, equities analysts forecast that CMS Energy will post 3.87 EPS for the current year.
CMS Energy Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 8th were issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.1%. The ex-dividend date was Friday, May 8th. CMS Energy’s dividend payout ratio is presently 62.98%.
CMS Energy Company Profile
CMS Energy (NYSE: CMS) is an energy company based in Jackson, Michigan, whose principal business is the regulated utility operations of its subsidiary, Consumers Energy. The company is primarily focused on providing electric and natural gas service to customers in Michigan, operating the generation, transmission and distribution infrastructure necessary to deliver energy to residential, commercial and industrial customers. Headquartered in Jackson, CMS Energy conducts its core activities within the state and is regulated by state utility authorities.
Through Consumers Energy and related subsidiaries, CMS Energy develops, owns and operates a portfolio of generation assets and delivers a range of customer-facing services, including electricity and natural gas supply, grid management, energy efficiency programs and demand-response offerings.
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