CMS Energy Corporation (NYSE:CMS) Receives Average Rating of “Moderate Buy” from Brokerages

CMS Energy Corporation (NYSE:CMS) has earned an average rating of “Moderate Buy” from the thirteen analysts that are covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $81.50.

Several brokerages have commented on CMS. KeyCorp lifted their price objective on shares of CMS Energy from $79.00 to $83.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Morgan Stanley set a $80.00 target price on CMS Energy in a research note on Friday, February 20th. Barclays reduced their price target on shares of CMS Energy from $81.00 to $79.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Mizuho upped their price objective on shares of CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Finally, BMO Capital Markets reduced their target price on CMS Energy from $86.00 to $85.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th.

Insider Buying and Selling

In other news, CAO Scott B. Mcintosh sold 1,750 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $78.20, for a total transaction of $136,850.00. Following the completion of the sale, the chief accounting officer directly owned 24,223 shares in the company, valued at approximately $1,894,238.60. This represents a 6.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $78.23, for a total value of $312,920.00. Following the completion of the sale, the senior vice president owned 70,670 shares of the company’s stock, valued at approximately $5,528,514.10. This trade represents a 5.36% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 20,664 shares of company stock worth $1,579,506. Company insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On CMS Energy

Several institutional investors and hedge funds have recently modified their holdings of the stock. Quadrant Capital Group LLC lifted its holdings in CMS Energy by 3.3% in the fourth quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider’s stock worth $298,000 after buying an additional 137 shares during the period. HM Payson & Co. boosted its stake in CMS Energy by 65.6% in the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 141 shares in the last quarter. Private Trust Co. NA grew its holdings in shares of CMS Energy by 10.1% during the third quarter. Private Trust Co. NA now owns 1,562 shares of the utilities provider’s stock valued at $114,000 after buying an additional 143 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of CMS Energy by 1.5% in the 4th quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider’s stock worth $662,000 after purchasing an additional 143 shares in the last quarter. Finally, Covestor Ltd increased its holdings in CMS Energy by 52.0% in the 3rd quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after buying an additional 145 shares in the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

CMS Energy Stock Performance

Shares of CMS stock opened at $74.91 on Wednesday. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.80. The firm has a fifty day simple moving average of $77.11 and a two-hundred day simple moving average of $74.07. The firm has a market capitalization of $23.14 billion, a PE ratio of 20.69, a price-to-earnings-growth ratio of 2.74 and a beta of 0.37. CMS Energy has a 12 month low of $67.71 and a 12 month high of $80.36.

CMS Energy (NYSE:CMS) last announced its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.02. The business had revenue of $2.73 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 11.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.02 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. Analysts forecast that CMS Energy will post 3.87 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 8th will be issued a $0.57 dividend. The ex-dividend date is Friday, May 8th. This represents a $2.28 annualized dividend and a dividend yield of 3.0%. CMS Energy’s payout ratio is currently 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.