KeyCorp Weighs in on CMS Energy’s Q3 Earnings (NYSE:CMS)

CMS Energy Corporation (NYSE:CMS) – Equities researchers at KeyCorp decreased their Q3 2026 earnings per share estimates for shares of CMS Energy in a report released on Wednesday, July 22nd. KeyCorp analyst S. Karp now expects that the utilities provider will earn $1.16 per share for the quarter, down from their previous forecast of $1.20. KeyCorp currently has a “Sector Weight” rating on the stock. The consensus estimate for CMS Energy’s current full-year earnings is $3.87 per share. KeyCorp also issued estimates for CMS Energy’s FY2030 earnings at $5.22 EPS.

Other equities analysts have also recently issued research reports about the company. BMO Capital Markets increased their target price on CMS Energy from $81.00 to $86.00 and gave the company an “outperform” rating in a report on Monday. Jefferies Financial Group set a $78.00 price objective on CMS Energy in a report on Thursday, July 16th. Wells Fargo & Company set a $80.00 target price on shares of CMS Energy in a report on Tuesday, April 21st. Wall Street Zen upgraded shares of CMS Energy from a “strong sell” rating to a “sell” rating in a research report on Sunday, July 5th. Finally, JPMorgan Chase & Co. increased their price objective on shares of CMS Energy from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $81.33.

CMS Energy Stock Up 0.2%

CMS opened at $74.14 on Friday. The company has a market cap of $22.90 billion, a PE ratio of 20.48, a price-to-earnings-growth ratio of 2.68 and a beta of 0.35. CMS Energy has a twelve month low of $68.64 and a twelve month high of $80.36. The company has a 50-day moving average price of $74.15 and a 200 day moving average price of $74.69. The company has a quick ratio of 0.66, a current ratio of 0.84 and a debt-to-equity ratio of 1.80.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.13 EPS for the quarter, topping the consensus estimate of $1.11 by $0.02. The company had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.46 billion. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The firm’s revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.02 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CMS. Sound Income Strategies LLC increased its position in shares of CMS Energy by 84.4% during the 4th quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 157 shares during the last quarter. Elyxium Wealth LLC purchased a new stake in shares of CMS Energy in the 4th quarter valued at approximately $29,000. DV Equities LLC acquired a new position in shares of CMS Energy in the 4th quarter worth approximately $29,000. MidFirst Bank acquired a new stake in CMS Energy in the 4th quarter valued at approximately $31,000. Finally, Scarborough Advisors LLC purchased a new stake in CMS Energy in the first quarter valued at approximately $31,000. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total value of $222,930.00. Following the transaction, the senior vice president directly owned 67,111 shares in the company, valued at $4,987,018.41. The trade was a 4.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.50% of the stock is owned by company insiders.

CMS Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.1%. The ex-dividend date is Friday, August 7th. CMS Energy’s dividend payout ratio (DPR) 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.