CMS Energy (NYSE:CMS) Hits New 52-Week Low – What’s Next?

CMS Energy Corporation (NYSE:CMS)’s share price hit a new 52-week low on Wednesday. The stock traded as low as $64.19 and last traded at $64.2480, with a volume of 4446236 shares. The stock had previously closed at $64.70.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Mizuho cut their price target on CMS Energy from $78.00 to $77.00 and set a “neutral” rating for the company in a report on Wednesday, July 29th. UBS Group restated a “neutral” rating and issued a $84.00 target price on shares of CMS Energy in a report on Wednesday, July 29th. Weiss Ratings downgraded CMS Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, July 29th. Argus reiterated a “buy” rating and set a $80.00 price target on shares of CMS Energy in a report on Wednesday, August 26th. Finally, Wall Street Zen raised shares of CMS Energy from a “strong sell” rating to a “sell” rating in a research report on Sunday, July 5th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $80.54.

CMS Energy Price Performance

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 has a market cap of $19.68 billion, a PE ratio of 18.85, a PEG ratio of 2.35 and a beta of 0.34. The stock’s 50-day moving average is $69.55 and its two-hundred day moving average is $73.34.

CMS Energy (NYSE:CMS) last announced its 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 company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter in the previous year, the company earned $0.71 earnings per share. The firm’s quarterly revenue was down .5% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. On average, equities analysts predict that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th were paid a dividend of $0.57 per share. The ex-dividend date was Friday, August 7th. This represents a $2.28 dividend on an annualized basis and a yield of 3.6%. CMS Energy’s dividend payout ratio is 68.47%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CMS. Kilter Group LLC acquired a new stake in CMS Energy during the 2nd quarter worth approximately $26,000. Scarborough Advisors LLC purchased a new stake in shares of CMS Energy during the first quarter worth $31,000. Trust Co. of Vermont acquired a new stake in shares of CMS Energy in the second quarter valued at $33,000. MidFirst Bank acquired a new stake in shares of CMS Energy in the fourth quarter valued at $31,000. Finally, Cassaday & Co Wealth Management LLC purchased a new position in CMS Energy in the first quarter valued at $41,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

About CMS Energy

CMS Energy Corporation (NYSE:CMS) is an energy company headquartered in Jackson, Michigan. Its principal subsidiary, Consumers Energy, is a regulated utility that provides electric and natural gas service to residential, commercial and industrial customers throughout Michigan.

Consumers Energy operates and maintains a diverse energy infrastructure that includes electric generation, transmission and distribution systems, as well as natural gas storage and distribution networks. The company is also investing in renewable energy and other technologies intended to support a cleaner and more reliable energy system, while continuing to serve customers across Michigan’s Lower Peninsula.

CMS Energy traces its history to the Consumers Power Company, which was founded in 1886.