CMS Energy Corporation (CMS) to Issue Quarterly Dividend of $0.57 on February 27th

CMS Energy Corporation (NYSE:CMS) announced a quarterly dividend on Thursday, February 5th. Shareholders of record on Tuesday, February 17th will be paid a dividend of 0.57 per share by the utilities provider on Friday, February 27th. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date is Tuesday, February 17th. This is a 5.1% increase from CMS Energy’s previous quarterly dividend of $0.54.

CMS Energy has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 3 consecutive years. CMS Energy has a dividend payout ratio of 59.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect CMS Energy to earn $3.88 per share next year, which means the company should continue to be able to cover its $2.28 annual dividend with an expected future payout ratio of 58.8%.

CMS Energy Price Performance

Shares of NYSE CMS opened at $76.71 on Friday. CMS Energy has a 1 year low of $67.71 and a 1 year high of $76.78. The stock has a market capitalization of $23.50 billion, a P/E ratio of 21.73, a P/E/G ratio of 2.72 and a beta of 0.47. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.98 and a quick ratio of 0.60. The company’s 50-day moving average is $71.04 and its 200 day moving average is $72.29.

CMS Energy (NYSE:CMS) last posted its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.01. The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.13 billion. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The firm’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. On average, sell-side analysts expect that CMS Energy will post 3.59 earnings per share for the current year.

Institutional Investors Weigh In On CMS Energy

Several hedge funds have recently modified their holdings of CMS. Sound Income Strategies LLC raised its holdings in shares of 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 acquiring an additional 157 shares during the last quarter. HM Payson & Co. grew its stake in shares of CMS Energy by 65.6% in 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 in the last quarter. First Horizon Corp acquired a new stake in CMS Energy during the 3rd quarter worth approximately $26,000. Elyxium Wealth LLC purchased a new stake in CMS Energy during the 4th quarter worth about $29,000. Finally, Covestor Ltd grew its holdings in CMS Energy by 52.0% during the 3rd quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 145 shares in the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

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.