CMS Energy (NYSE:CMS) Price Target Raised to $81.00

CMS Energy (NYSE:CMS) had its price objective increased by equities research analysts at Jefferies Financial Group from $79.00 to $81.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the utilities provider’s stock. Jefferies Financial Group’s price target would suggest a potential upside of 12.73% from the stock’s previous close.

A number of other research firms have also recently weighed in on CMS. Wells Fargo & Company lowered their price target on CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a report on Tuesday, January 20th. Barclays cut their target price on CMS Energy from $82.00 to $74.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 14th. JPMorgan Chase & Co. raised their target price on CMS Energy from $80.00 to $81.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Morgan Stanley reissued an “underperform” rating on shares of CMS Energy in a research report on Wednesday, January 21st. Finally, KeyCorp upped their target price on shares of CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Eight investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $77.25.

CMS Energy Trading Down 0.3%

CMS stock traded down $0.19 during trading on Wednesday, hitting $71.85. The company had a trading volume of 1,133,940 shares, compared to its average volume of 2,691,982. The company has a quick ratio of 0.60, a current ratio of 0.90 and a debt-to-equity ratio of 1.84. The firm has a market capitalization of $21.87 billion, a P/E ratio of 20.76, a PEG ratio of 2.54 and a beta of 0.49. The company has a 50 day simple moving average of $71.24 and a 200-day simple moving average of $72.21. CMS Energy has a 52-week low of $65.17 and a 52-week high of $76.45.

CMS Energy (NYSE:CMS) last announced its earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same quarter last year, the firm posted $0.84 EPS. The business’s revenue was up 15.9% on a year-over-year basis. 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. As a group, research analysts forecast that CMS Energy will post 3.59 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $72.47, for a total transaction of $289,880.00. Following the completion of the transaction, the senior vice president owned 64,259 shares of the company’s stock, valued at approximately $4,656,849.73. This represents a 5.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.49% of the company’s stock.

Institutional Trading of CMS Energy

A number of institutional investors have recently modified their holdings of the company. Sound Income Strategies LLC lifted its position in CMS Energy by 84.4% during the fourth quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock valued at $25,000 after buying an additional 157 shares in the last quarter. HM Payson & Co. boosted its position in CMS Energy by 65.6% during the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 141 shares during the period. First Horizon Corp purchased a new position in CMS Energy in the third quarter valued at about $26,000. Covestor Ltd boosted its position 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 buying an additional 145 shares during the period. Finally, Trust Co. of Vermont boosted its stake in shares of CMS Energy by 127.7% in the second quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock valued at $37,000 after purchasing an additional 300 shares during the period. Hedge funds and other institutional investors own 93.57% of the company’s stock.

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.