Analysts Set CMS Energy Corporation (NYSE:CMS) Target Price at $79.38

Shares of CMS Energy Corporation (NYSE:CMS) have been assigned an average rating of “Moderate Buy” from the fourteen brokerages that are presently covering the company, MarketBeat reports. Six analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $79.3846.

CMS has been the subject of several recent research reports. Jefferies Financial Group upped their price target on shares of CMS Energy from $79.00 to $81.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. BMO Capital Markets reiterated an “outperform” rating and issued a $80.00 price objective (up from $79.00) on shares of CMS Energy in a research report on Monday, February 9th. Mizuho upped their target price 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. JPMorgan Chase & Co. raised their price target on shares of CMS Energy from $80.00 to $81.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Finally, UBS Group reaffirmed a “neutral” rating on shares of CMS Energy in a report on Friday, February 6th.

CMS Energy Stock Up 0.6%

Shares of CMS Energy stock opened at $78.31 on Tuesday. The stock has a market capitalization of $23.99 billion, a price-to-earnings ratio of 22.18, a PEG ratio of 2.76 and a beta of 0.46. CMS Energy has a twelve month low of $67.71 and a twelve month high of $78.47. The company has a current ratio of 0.98, a quick ratio of 0.76 and a debt-to-equity ratio of 1.89. The business’s 50 day simple moving average is $73.91 and its 200-day simple moving average is $72.85.

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

CMS Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were given a $0.57 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $2.28 annualized dividend and a yield of 2.9%. This is an increase from CMS Energy’s previous quarterly dividend of $0.54. CMS Energy’s payout ratio is 64.59%.

Insiders Place Their Bets

In other CMS Energy news, Director Diane Leopold purchased 2,000 shares of CMS Energy stock in a transaction on Wednesday, February 25th. The stock was bought at an average price of $76.70 per share, for a total transaction of $153,400.00. Following the transaction, the director owned 2,769 shares of the company’s stock, valued at $212,382.30. The trade was a 260.08% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John G. Russell sold 14,914 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $75.75, for a total value of $1,129,735.50. Following the completion of the transaction, the director directly owned 131,568 shares of the company’s stock, valued at approximately $9,966,276. The trade was a 10.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 20,664 shares of company stock worth $1,579,506 over the last 90 days. Insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On CMS Energy

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Sound Income Strategies LLC lifted its stake in shares of CMS Energy by 84.4% in the 4th quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 157 shares during the period. HM Payson & Co. increased its stake in shares of 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 acquiring an additional 141 shares during the period. First Horizon Corp acquired a new position in shares of CMS Energy during the third quarter valued at approximately $26,000. Elyxium Wealth LLC bought a new stake in CMS Energy during the fourth quarter worth approximately $29,000. Finally, DV Equities LLC bought a new stake in CMS Energy during the fourth quarter worth approximately $29,000. 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.