CMS Energy’s (CMS) “Outperform” Rating Reiterated at BMO Capital Markets

BMO Capital Markets reaffirmed their outperform rating on shares of CMS Energy (NYSE:CMS) in a report published on Monday morning,Benzinga reports. They currently have a $80.00 target price on the utilities provider’s stock, up from their prior target price of $79.00.

Several other analysts have also commented on the company. Bank of America set a $82.00 price objective on CMS Energy in a report on Friday, January 30th. Weiss Ratings reiterated a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, January 21st. Barclays lowered their price target on CMS Energy from $82.00 to $74.00 and set an “overweight” rating for the company in a report on Wednesday, January 14th. Wall Street Zen upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Finally, KeyCorp lifted 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 equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $78.31.

CMS Energy Price Performance

CMS opened at $74.53 on Monday. The firm has a market capitalization of $22.68 billion, a PE ratio of 21.11, a price-to-earnings-growth ratio of 2.62 and a beta of 0.47. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.34 and a quick ratio of 0.60. The business’s 50-day moving average is $70.86 and its two-hundred day moving average is $72.23. CMS Energy has a 1 year low of $67.71 and a 1 year high of $76.45.

CMS Energy (NYSE:CMS) last released its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.01. The business had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.13 billion. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The company’s revenue was up 12.3% compared to the same quarter last year. During the same period last year, the business earned $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Research analysts anticipate that CMS Energy will post 3.59 earnings per share for the current fiscal year.

CMS Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.1%. This is a positive change from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Tuesday, February 17th. CMS Energy’s dividend payout ratio is 61.47%.

Institutional Investors Weigh In On CMS Energy

Several hedge funds have recently bought and sold shares of the stock. Sound Income Strategies LLC increased its holdings 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 valued at $25,000 after purchasing an additional 157 shares in the last quarter. HM Payson & Co. grew its position in CMS Energy by 65.6% during the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after buying an additional 141 shares during the period. First Horizon Corp purchased a new position in CMS Energy in the third quarter valued at $26,000. Elyxium Wealth LLC purchased a new position in CMS Energy in the fourth quarter valued at $29,000. Finally, Covestor Ltd raised 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 acquiring an additional 145 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.