CMS Energy (NYSE:CMS) Downgraded to Sell Rating by Wall Street Zen

CMS Energy (NYSE:CMS) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

CMS has been the subject of several other reports. JPMorgan Chase & Co. upped their price objective 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. Jefferies Financial Group upped their price target on CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Barclays dropped their price objective on CMS Energy from $82.00 to $74.00 and set an “overweight” rating for the company in a report on Wednesday, January 14th. Bank of America set a $82.00 target price on CMS Energy in a research note on Friday, January 30th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $80.00 price target (up previously from $79.00) on shares of CMS Energy in a research note on Monday, February 9th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, CMS Energy has a consensus rating of “Moderate Buy” and an average target price of $78.31.

CMS Energy Price Performance

CMS opened at $76.71 on Friday. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.98 and a quick ratio of 0.60. The stock’s 50 day simple moving average is $71.04 and its 200 day simple moving average is $72.29. The firm has a market cap of $23.50 billion, a price-to-earnings ratio of 21.73, a PEG ratio of 2.65 and a beta of 0.47. CMS Energy has a 1 year low of $67.71 and a 1 year high of $76.78.

CMS Energy (NYSE:CMS) last released its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.95 earnings per share 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 firm had revenue of $2.23 billion during the quarter, compared to analyst estimates of $2.13 billion. During the same quarter in the prior year, the firm posted $0.87 earnings per share. The business’s quarterly revenue 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. As a group, analysts predict that CMS Energy will post 3.59 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Kestra Advisory Services LLC raised its holdings in shares of CMS Energy by 23.5% during the fourth quarter. Kestra Advisory Services LLC now owns 9,522 shares of the utilities provider’s stock valued at $666,000 after purchasing an additional 1,811 shares during the period. Johnson Investment Counsel Inc. grew its stake in shares of CMS Energy by 6.3% in the 4th quarter. Johnson Investment Counsel Inc. now owns 3,459 shares of the utilities provider’s stock valued at $242,000 after buying an additional 206 shares during the period. Soros Fund Management LLC increased its position in CMS Energy by 42.5% in the 4th quarter. Soros Fund Management LLC now owns 1,106,375 shares of the utilities provider’s stock valued at $77,369,000 after buying an additional 330,148 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its stake in CMS Energy by 3.0% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 185,184 shares of the utilities provider’s stock worth $12,954,000 after buying an additional 5,398 shares during the period. Finally, Walleye Capital LLC acquired a new position in CMS Energy during the 4th quarter worth approximately $1,670,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

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.