FY2025 Earnings Forecast for CMS Energy Issued By Scotiabank

CMS Energy Corporation (NYSE:CMS) – Equities researchers at Scotiabank dropped their FY2025 earnings per share (EPS) estimates for shares of CMS Energy in a research report issued to clients and investors on Friday, January 23rd. Scotiabank analyst A. Weisel now forecasts that the utilities provider will post earnings of $3.59 per share for the year, down from their previous forecast of $3.60. The consensus estimate for CMS Energy’s current full-year earnings is $3.59 per share. Scotiabank also issued estimates for CMS Energy’s FY2026 earnings at $3.87 EPS.

CMS Energy (NYSE:CMS) last released its earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.07. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The company had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same period in the prior year, the firm posted $0.84 EPS. CMS Energy’s quarterly revenue was up 15.9% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS and its FY 2025 guidance at 3.560-3.600 EPS.

Several other equities analysts have also commented on CMS. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday. KeyCorp increased their price target on shares of CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Wells Fargo & Company lowered their price objective on shares of CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 20th. UBS Group cut their target price on CMS Energy from $81.00 to $77.00 and set a “neutral” rating for the company in a research note on Wednesday, December 17th. Finally, Barclays reduced their target price on CMS Energy from $82.00 to $74.00 and set an “overweight” rating on the stock in a report on Wednesday, January 14th. Eight equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $77.42.

CMS Energy Trading Down 0.5%

CMS opened at $70.63 on Monday. The stock has a market capitalization of $21.49 billion, a price-to-earnings ratio of 20.41, a P/E/G ratio of 2.51 and a beta of 0.49. The company has a quick ratio of 0.60, a current ratio of 0.90 and a debt-to-equity ratio of 1.84. CMS Energy has a twelve month low of $65.17 and a twelve month high of $76.45. The company has a 50-day simple moving average of $71.34 and a 200 day simple moving average of $72.19.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CMS. HM Payson & Co. grew its holdings 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 worth $26,000 after purchasing an additional 141 shares during the last quarter. Private Trust Co. NA raised its holdings in CMS Energy by 10.1% in the 3rd 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. Tobam boosted its position in CMS Energy by 35.0% during the 2nd quarter. Tobam now owns 559 shares of the utilities provider’s stock worth $39,000 after buying an additional 145 shares during the period. Covestor Ltd boosted its position 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 buying an additional 145 shares during the period. Finally, Cim LLC grew its holdings in CMS Energy by 0.8% during the 3rd quarter. Cim LLC now owns 19,038 shares of the utilities provider’s stock worth $1,395,000 after acquiring an additional 152 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other CMS Energy news, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $72.47, for a total value of $289,880.00. Following the sale, the senior vice president owned 64,259 shares in the company, valued at $4,656,849.73. This trade represents a 5.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.49% of the stock is currently owned by insiders.

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.