CMS Energy Corporation (NYSE:CMS) Receives $80.17 Consensus Price Target from Analysts

Shares of CMS Energy Corporation (NYSE:CMS) have received an average rating of “Moderate Buy” from the twelve brokerages that are currently covering the company, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $80.3333.

CMS has been the topic of several recent research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of CMS Energy in a report on Friday, June 5th. Bank of America boosted their price target on CMS Energy from $82.00 to $88.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. KeyCorp reissued an “overweight” rating and set a $83.00 price target on shares of CMS Energy in a research report on Monday, June 8th. Wells Fargo & Company set a $80.00 price objective on CMS Energy in a research note on Tuesday, April 21st. Finally, BMO Capital Markets reduced their target price on CMS Energy from $82.00 to $81.00 and set an “outperform” rating on the stock in a report on Thursday, June 4th.

CMS Energy Price Performance

CMS Energy stock opened at $74.00 on Monday. The company has a market capitalization of $22.86 billion, a price-to-earnings ratio of 20.44, a PEG ratio of 2.72 and a beta of 0.35. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.80. CMS Energy has a 12 month low of $68.64 and a 12 month high of $80.36. The stock’s 50 day moving average is $74.10 and its 200-day moving average is $74.54.

CMS Energy (NYSE:CMS) last released its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.02. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The business had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.46 billion. During the same period last year, the firm posted $1.02 EPS. The firm’s revenue for the quarter 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. Equities research analysts expect that CMS Energy will post 3.87 EPS for the current year.

CMS Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 8th were given a dividend of $0.57 per share. The ex-dividend date was Friday, May 8th. This represents a $2.28 annualized dividend and a dividend yield of 3.1%. CMS Energy’s dividend payout ratio (DPR) is currently 62.98%.

Insider Buying and Selling at CMS Energy

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total value of $222,930.00. Following the sale, the senior vice president owned 67,111 shares of the company’s stock, valued at approximately $4,987,018.41. This trade represents a 4.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Quadrant Capital Group LLC grew its position in CMS Energy by 3.3% in the 4th quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider’s stock valued at $298,000 after acquiring an additional 137 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in shares of CMS Energy by 1.5% in the fourth quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider’s stock valued at $662,000 after purchasing an additional 143 shares during the period. Florida Financial Advisors LLC grew its holdings in shares of CMS Energy by 4.9% in the fourth quarter. Florida Financial Advisors LLC now owns 3,174 shares of the utilities provider’s stock valued at $220,000 after purchasing an additional 149 shares in the last quarter. Cim LLC grew its holdings in shares of CMS Energy by 0.8% in the third quarter. Cim LLC now owns 19,038 shares of the utilities provider’s stock valued at $1,395,000 after purchasing an additional 152 shares in the last quarter. Finally, Norinchukin Bank The increased its stake in CMS Energy by 0.9% during the 3rd quarter. Norinchukin Bank The now owns 18,258 shares of the utilities provider’s stock worth $1,338,000 after buying an additional 156 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

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.