CMS Energy Corporation (NYSE:CMS) Receives Consensus Rating of “Moderate Buy” from Analysts

CMS Energy Corporation (NYSE:CMS) has received a consensus recommendation of “Moderate Buy” from the fourteen research firms that are covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $80.36.

CMS has been the topic of a number of research analyst reports. Morgan Stanley decreased their price target on CMS Energy from $79.00 to $77.00 and set an “equal weight” rating on the stock in a research note on Friday, September 18th. Jefferies Financial Group dropped their price objective on shares of CMS Energy from $78.00 to $74.00 and set a “hold” rating for the company in a research note on Tuesday, September 15th. JPMorgan Chase & Co. increased their price objective on shares of CMS Energy from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. 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. Finally, KeyCorp downgraded shares of CMS Energy from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 23rd.

CMS Energy Trading Up 0.1%

Shares of CMS Energy stock opened at $63.72 on Friday. CMS Energy has a fifty-two week low of $62.28 and a fifty-two week high of $80.36. The business’s fifty day moving average is $68.30 and its two-hundred day moving average is $72.79. The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 1.81. The firm has a market cap of $19.98 billion, a PE ratio of 19.13, a P/E/G ratio of 2.33 and a beta of 0.32.

CMS Energy (NYSE:CMS) last announced its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The business had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.87 billion. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The business’s revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.71 earnings per share. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Analysts anticipate that CMS Energy will post 3.87 earnings per share for the current year.

CMS Energy Dividend Announcement

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

Institutional Trading of CMS Energy

Several institutional investors have recently made changes to their positions in CMS. Geode Capital Management LLC lifted its stake in shares of CMS Energy by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 8,323,146 shares of the utilities provider’s stock worth $579,902,000 after purchasing an additional 183,589 shares in the last quarter. GQG Partners LLC purchased a new stake in shares of CMS Energy in the second quarter worth about $363,388,000. Norges Bank acquired a new stake in shares of CMS Energy in the fourth quarter valued at about $316,057,000. Pictet Asset Management Holding SA grew its stake in shares of CMS Energy by 16.7% in the first quarter. Pictet Asset Management Holding SA now owns 4,166,815 shares of the utilities provider’s stock valued at $323,262,000 after buying an additional 595,564 shares in the last quarter. Finally, Magellan Asset Management Ltd purchased a new stake in shares of CMS Energy during the 2nd quarter valued at about $194,237,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

CMS Energy Company Profile

CMS Energy Corporation (NYSE: CMS) is an energy company headquartered in Jackson, Michigan. Through its principal subsidiary, Consumers Energy, the company provides electric and natural gas utility services to residential, commercial and industrial customers across Michigan.

Consumers Energy operates and maintains an integrated energy system that includes electric generation, transmission and distribution infrastructure, as well as natural gas storage, transportation and distribution assets.