JPMorgan Chase & Co. Issues Positive Forecast for CMS Energy (NYSE:CMS) Stock Price

CMS Energy (NYSE:CMS) had its price target increased by investment analysts at JPMorgan Chase & Co. from $80.00 to $81.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the utilities provider’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 13.73% from the company’s current price.

Several other equities research analysts have also recently weighed in on the company. Wall Street Zen upgraded CMS Energy from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th. Morgan Stanley raised their price target on CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Barclays cut their price objective on CMS Energy from $82.00 to $74.00 and set an “overweight” rating for the company in a report on Wednesday. UBS Group lowered their target price on shares of CMS Energy from $81.00 to $77.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th. Finally, KeyCorp raised their price objective on shares of CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $77.67.

CMS Energy Stock Performance

NYSE:CMS traded up $0.30 during trading hours on Thursday, reaching $71.22. The stock had a trading volume of 1,004,771 shares, compared to its average volume of 2,606,108. CMS Energy has a 12-month low of $65.10 and a 12-month high of $76.45. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.60 and a current ratio of 0.90. The stock has a 50 day simple moving average of $71.70 and a 200 day simple moving average of $72.10. The stock has a market cap of $21.67 billion, a P/E ratio of 20.59, a price-to-earnings-growth ratio of 2.51 and a beta of 0.49.

CMS Energy (NYSE:CMS) last announced its quarterly earnings results on Thursday, October 30th. The utilities provider reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. CMS Energy had a net margin of 12.62% and a return on equity of 12.10%. The company had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $1.83 billion. During the same period in the prior year, the company posted $0.84 EPS. CMS Energy’s revenue was up 15.9% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS and its FY 2025 guidance at 3.560-3.600 EPS. On average, research analysts forecast that CMS Energy will post 3.59 EPS for the current fiscal year.

Insider Activity

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $72.47, for a total transaction of $289,880.00. Following the transaction, the senior vice president owned 64,259 shares in the company, valued at $4,656,849.73. The trade was a 5.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.40% of the stock is owned by insiders.

Institutional Investors Weigh In On CMS Energy

A number of large investors have recently made changes to their positions in the business. HM Payson & Co. boosted its holdings in CMS Energy by 65.6% in the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 141 shares in the last quarter. First Horizon Corp purchased a new position in shares of CMS Energy in the 3rd quarter worth $26,000. Covestor Ltd grew its holdings in shares of CMS Energy by 52.0% in the third quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 145 shares during the period. Trust Co. of Vermont increased its position in CMS Energy by 127.7% during the second quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock valued at $37,000 after acquiring an additional 300 shares during the last quarter. Finally, Tobam lifted its holdings in CMS Energy by 35.0% in the second quarter. Tobam now owns 559 shares of the utilities provider’s stock valued at $39,000 after acquiring an additional 145 shares during the period. 93.57% of the stock is currently owned by institutional investors.

About CMS Energy

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.