CMS Energy Corporation (NYSE:CMS) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of CMS Energy Corporation (NYSE:CMS) have been assigned an average recommendation of “Moderate Buy” from the thirteen ratings firms that are currently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $80.1667.

A number of brokerages have issued reports on CMS. Jefferies Financial Group lowered shares of CMS Energy from a “buy” rating to a “hold” rating and decreased their target price for the stock from $88.00 to $74.00 in a research report on Thursday, June 4th. Morgan Stanley set a $77.00 target price on shares of CMS Energy in a research report on Thursday, May 21st. Truist Financial decreased their target price on shares of CMS Energy from $86.00 to $83.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Wells Fargo & Company set a $80.00 target price on shares of CMS Energy in a research report on Tuesday, April 21st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of CMS Energy in a research report on Friday, June 5th.

CMS Energy Stock Down 1.1%

Shares of CMS opened at $73.23 on Thursday. CMS Energy has a 52 week low of $68.41 and a 52 week high of $80.36. The firm has a market cap of $22.62 billion, a P/E ratio of 20.23, a price-to-earnings-growth ratio of 2.68 and a beta of 0.35. The firm’s 50-day simple moving average is $74.52 and its 200 day simple moving average is $73.83. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.66 and a current ratio of 0.84.

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

CMS Energy Announces Dividend

The company also recently declared 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. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Friday, May 8th. CMS Energy’s dividend payout ratio is 62.98%.

Insider Buying and Selling at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total transaction of $222,930.00. Following the completion of the sale, the senior vice president owned 67,111 shares of the company’s stock, valued at approximately $4,987,018.41. This represents a 4.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.50% of the company’s stock.

Institutional Trading of CMS Energy

Institutional investors and hedge funds have recently made changes to their positions in the company. Swiss Life Asset Management Ltd lifted its holdings in shares of CMS Energy by 62.2% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 74,552 shares of the utilities provider’s stock worth $5,462,000 after acquiring an additional 28,577 shares during the period. iA Global Asset Management Inc. lifted its holdings in shares of CMS Energy by 2.3% during the 4th quarter. iA Global Asset Management Inc. now owns 1,323,167 shares of the utilities provider’s stock worth $92,529,000 after acquiring an additional 30,000 shares during the period. Aberdeen Group plc lifted its holdings in shares of CMS Energy by 14.5% during the 4th quarter. Aberdeen Group plc now owns 877,487 shares of the utilities provider’s stock worth $61,363,000 after acquiring an additional 111,075 shares during the period. Vanguard Group Inc. lifted its holdings in shares of CMS Energy by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider’s stock worth $2,844,213,000 after acquiring an additional 1,501,991 shares during the period. Finally, RIA Advisory Group LLC bought a new stake in shares of CMS Energy during the 4th quarter worth approximately $974,000. Institutional investors own 93.57% of the company’s stock.

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.