BMO Capital Markets Reaffirms Outperform Rating for CMS Energy (NYSE:CMS)

CMS Energy (NYSE:CMS)‘s stock had its “outperform” rating restated by analysts at BMO Capital Markets in a report issued on Monday,Benzinga reports. They presently have a $80.00 price objective on the utilities provider’s stock, up from their prior price objective of $79.00. BMO Capital Markets’ target price would indicate a potential upside of 8.46% from the stock’s current price.

A number of other research firms also recently commented on CMS. Barclays reduced their price objective on shares of CMS Energy from $82.00 to $74.00 and set an “overweight” rating for the company in a research note on Wednesday, January 14th. Wall Street Zen upgraded CMS Energy from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Morgan Stanley increased their price target on CMS Energy from $74.00 to $75.00 and gave the company an “equal weight” rating in a research report on Monday, February 2nd. JPMorgan Chase & Co. boosted their price target on CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, January 21st. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $78.43.

CMS Energy Stock Up 1.3%

Shares of CMS Energy stock opened at $73.76 on Monday. The firm has a market cap of $22.45 billion, a PE ratio of 20.90, a P/E/G ratio of 2.58 and a beta of 0.47. The business’s 50 day simple moving average is $70.82 and its 200 day simple moving average is $72.22. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.60 and a current ratio of 1.34. CMS Energy has a 52-week low of $67.71 and a 52-week high of $76.45.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.01. The company had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.13 billion. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The business’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period last year, the business earned $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. On average, analysts predict that CMS Energy will post 3.59 earnings per share for the current fiscal year.

Institutional Investors Weigh In On CMS Energy

A number of large investors have recently added to or reduced their stakes in CMS. Sound Income Strategies LLC increased its holdings in shares of CMS Energy by 84.4% in the fourth quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 157 shares during the last quarter. HM Payson & Co. lifted its stake in shares of CMS Energy by 65.6% during the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after buying an additional 141 shares during the last quarter. First Horizon Corp bought a new stake in shares of CMS Energy during the 3rd quarter worth about $26,000. Elyxium Wealth LLC acquired a new position in CMS Energy in the 4th quarter valued at about $29,000. Finally, Covestor Ltd raised its holdings in CMS Energy by 52.0% in the 3rd quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 145 shares during the period. Institutional investors own 93.57% of the company’s stock.

About CMS Energy

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.