Shares of CMS Energy Corporation (NYSE:CMS – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the thirteen analysts that are presently covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $78.3636.
A number of research analysts recently issued reports on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, October 8th. Morgan Stanley upped their price objective on shares of CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. KeyCorp increased their price objective 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. Wall Street Zen upgraded CMS Energy from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. Finally, Barclays boosted their target price on CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a research report on Tuesday, October 21st.
View Our Latest Stock Analysis on CMS Energy
CMS Energy Stock Up 0.2%
CMS Energy (NYSE:CMS – Get Free Report) last released its earnings results on Thursday, October 30th. The utilities provider reported $0.93 EPS for the quarter, topping the consensus estimate of $0.86 by $0.07. CMS Energy had a return on equity of 12.07% and a net margin of 12.76%.The business had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.83 billion. During the same quarter last year, the firm posted $0.84 earnings per share. The firm’s 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. FY 2025 guidance at 3.560-3.600 EPS. Equities research analysts predict that CMS Energy will post 3.59 earnings per share for the current year.
CMS Energy Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Friday, November 7th were issued a $0.5425 dividend. This represents a $2.17 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Friday, November 7th. CMS Energy’s dividend payout ratio (DPR) is currently 62.72%.
Insiders Place Their Bets
In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $72.47, for a total value of $289,880.00. Following the transaction, the senior vice president owned 64,259 shares of the company’s stock, valued at approximately $4,656,849.73. This trade represents a 5.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Lauren Y. Snyder sold 2,220 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $71.26, for a total value of $158,197.20. Following the sale, the senior vice president directly owned 13,512 shares of the company’s stock, valued at $962,865.12. This represents a 14.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.40% of the company’s stock.
Institutional Investors Weigh In On CMS Energy
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. HM Payson & Co. boosted its holdings in 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 acquiring an additional 141 shares during the last quarter. First Horizon Corp purchased a new stake in shares of CMS Energy in the third quarter valued at about $26,000. Covestor Ltd lifted its position in shares of CMS Energy by 52.0% during the third quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 145 shares in the last quarter. AlphaQuest LLC grew its position in CMS Energy by 285.5% in the 1st quarter. AlphaQuest LLC now owns 451 shares of the utilities provider’s stock worth $34,000 after purchasing an additional 334 shares in the last quarter. Finally, Trust Co. of Vermont grew its position in CMS Energy by 127.7% in the 2nd quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock worth $37,000 after purchasing an additional 300 shares in the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.
CMS Energy Company Profile
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.
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