CMS Energy (NYSE:CMS) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

CMS Energy (NYSE:CMS) had its price target hoisted by equities research analysts at BMO Capital Markets from $81.00 to $86.00 in a research note issued on Monday, Marketbeat reports. The brokerage currently has an “outperform” rating on the utilities provider’s stock. BMO Capital Markets’ target price would suggest a potential upside of 18.68% from the stock’s previous close.

Several other equities analysts have also recently weighed in on the stock. Bank of America increased their price objective on shares of CMS Energy from $82.00 to $88.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Jefferies Financial Group set a $78.00 target price on shares of CMS Energy in a research report on Thursday, July 16th. Wells Fargo & Company set a $80.00 target price on shares of CMS Energy in a report on Tuesday, April 21st. Morgan Stanley set a $77.00 price target on shares of CMS Energy in a research report on Thursday, May 21st. Finally, Wall Street Zen upgraded shares of CMS Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday, July 5th. Seven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $81.33.

CMS Energy Stock Performance

Shares of CMS opened at $72.47 on Monday. The firm has a market capitalization of $22.39 billion, a P/E ratio of 20.02, a PEG ratio of 2.64 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 has a one year low of $68.64 and a one year high of $80.36. The business has a fifty day moving average of $74.11 and a 200 day moving average of $74.63.

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

Insider Activity

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

Hedge Funds Weigh In On CMS Energy

Several large investors have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC increased its stake in shares of CMS Energy by 3.3% in the fourth quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider’s stock worth $298,000 after acquiring an additional 137 shares during the period. Hantz Financial Services Inc. raised its holdings in shares of CMS Energy by 1.5% during the fourth quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider’s stock worth $662,000 after purchasing an additional 143 shares during the last quarter. Florida Financial Advisors LLC lifted its position in CMS Energy by 4.9% during the fourth quarter. Florida Financial Advisors LLC now owns 3,174 shares of the utilities provider’s stock valued at $220,000 after purchasing an additional 149 shares during the period. Cim LLC lifted its position in CMS Energy by 0.8% during the third quarter. Cim LLC now owns 19,038 shares of the utilities provider’s stock valued at $1,395,000 after purchasing an additional 152 shares during the period. Finally, Norinchukin Bank The boosted its holdings in CMS Energy by 0.9% in the third quarter. Norinchukin Bank The now owns 18,258 shares of the utilities provider’s stock valued at $1,338,000 after purchasing an additional 156 shares during the last quarter. Hedge funds and other 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.