CMS Energy Corporation (NYSE:CMS) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of CMS Energy Corporation (NYSE:CMS) have received a consensus recommendation of “Moderate Buy” from the twelve brokerages that are currently covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $80.1667.

Several equities analysts have recently issued reports on CMS shares. Jefferies Financial Group downgraded shares of CMS Energy from a “buy” rating to a “hold” rating and cut their price objective for the company from $88.00 to $74.00 in a report on Thursday, June 4th. Morgan Stanley set a $77.00 target price on shares of CMS Energy in a research note on Thursday, May 21st. Bank of America boosted their target price on shares of CMS Energy from $82.00 to $88.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. KeyCorp restated an “overweight” rating and set a $83.00 price target on shares of CMS Energy in a research note on Monday, June 8th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of CMS Energy in a research note on Friday, June 5th.

Insider Activity

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total value of $222,930.00. Following the transaction, the senior vice president directly owned 67,111 shares of the company’s stock, valued at $4,987,018.41. This represents a 4.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.50% of the stock is currently owned by insiders.

Institutional Trading of CMS Energy

Large investors have recently added to or reduced their stakes in the company. Tema ETFs LLC raised its stake in shares of CMS Energy by 8.9% in the second quarter. Tema ETFs LLC now owns 3,532 shares of the utilities provider’s stock worth $270,000 after purchasing an additional 290 shares during the last quarter. Fulton Bank N.A. lifted its holdings in shares of CMS Energy by 9.0% during the second quarter. Fulton Bank N.A. now owns 6,337 shares of the utilities provider’s stock worth $485,000 after purchasing an additional 524 shares during the period. Everpar Advisors LLC acquired a new stake in shares of CMS Energy during the second quarter worth about $375,000. Hennion & Walsh Asset Management Inc. boosted its position in CMS Energy by 8.8% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 53,371 shares of the utilities provider’s stock valued at $4,083,000 after buying an additional 4,297 shares during the last quarter. Finally, Czech National Bank boosted its position in CMS Energy by 5.4% in the second quarter. Czech National Bank now owns 87,930 shares of the utilities provider’s stock valued at $6,727,000 after buying an additional 4,478 shares during the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

CMS Energy Stock Up 0.0%

Shares of CMS stock opened at $75.43 on Monday. The stock’s fifty day moving average price is $74.12 and its 200 day moving average price is $74.44. CMS Energy has a 1-year low of $68.64 and a 1-year high of $80.36. The company has a market cap of $23.30 billion, a price-to-earnings ratio of 20.84, a price-to-earnings-growth ratio of 2.73 and a beta of 0.35. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.84 and a quick ratio of 0.66.

CMS Energy (NYSE:CMS) last released its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.02. The company had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.46 billion. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The firm’s revenue was up 11.6% compared to the same quarter last year. During the same period last year, the business posted $1.02 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. On average, research analysts expect that CMS Energy will post 3.87 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 8th were issued a dividend of $0.57 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.0%. CMS Energy’s payout ratio is 62.98%.

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.