CMS Energy Stock Sees Q3 Earnings Forecast Lifted at KeyCorp

CMS Energy Corporation (NYSE:CMS) – Analysts at KeyCorp lifted their Q3 2026 earnings per share (EPS) estimates for CMS Energy in a note issued to investors on Monday, October 12th. KeyCorp analyst S. Karp now expects that the utilities provider will earn $1.32 per share for the quarter, up from their prior forecast of $1.16. KeyCorp 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 Q4 2026 earnings at $1.05 EPS.

Several other equities research analysts have also recently commented on the stock. UBS Group reiterated a “neutral” rating and issued a $84.00 price target on shares of CMS Energy in a research report on Wednesday, July 29th. Weiss Ratings lowered shares of CMS Energy from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Wall Street Zen raised shares of CMS Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday, July 5th. Argus reaffirmed a “buy” rating and issued a $80.00 price objective on shares of CMS Energy in a research note on Wednesday, August 26th. Finally, JPMorgan Chase & Co. boosted their target price on shares of CMS Energy from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $78.94.

CMS Energy Stock Up 0.7%

CMS opened at $66.78 on Thursday. CMS Energy has a one year low of $62.28 and a one year high of $80.36. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.67 and a current ratio of 0.94. The stock’s fifty day moving average is $67.13 and its 200-day moving average is $72.15. The company has a market capitalization of $20.94 billion, a PE ratio of 20.05, a P/E/G ratio of 2.42 and a beta of 0.32.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%. The firm had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same period last year, the company posted $0.71 EPS. The firm’s quarterly revenue was down .5% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS.

CMS Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 7th were given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Friday, August 7th. CMS Energy’s dividend payout ratio is 68.47%.

Hedge Funds Weigh In On CMS Energy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Nvwm LLC raised its stake in CMS Energy by 147,210.0% during the 3rd quarter. Nvwm LLC now owns 14,731 shares of the utilities provider’s stock valued at $929,000 after purchasing an additional 14,721 shares during the period. Mather Group LLC. lifted its holdings in shares of CMS Energy by 12.5% in the third quarter. Mather Group LLC. now owns 20,409 shares of the utilities provider’s stock valued at $1,287,000 after purchasing an additional 2,267 shares in the last quarter. First Pacific Financial lifted its holdings in shares of CMS Energy by 14,974.7% in the third quarter. First Pacific Financial now owns 25,627 shares of the utilities provider’s stock valued at $1,617,000 after purchasing an additional 25,457 shares in the last quarter. Krilogy Financial LLC acquired a new stake in shares of CMS Energy in the third quarter worth $1,005,000. Finally, NorthCrest Asset Manangement LLC boosted its position in shares of CMS Energy by 395.5% in the third quarter. NorthCrest Asset Manangement LLC now owns 13,447 shares of the utilities provider’s stock worth $848,000 after buying an additional 10,733 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

CMS Energy Company Profile

CMS Energy Corporation (NYSE: CMS) is an energy company headquartered in Jackson, Michigan. Through its principal subsidiary, Consumers Energy, the company provides electric and natural gas utility services to residential, commercial and industrial customers across Michigan.

Consumers Energy operates and maintains an integrated energy system that includes electric generation, transmission and distribution infrastructure, as well as natural gas storage, transportation and distribution assets.