CMS Energy Corporation (NYSE:CMS) Given Consensus Rating of “Moderate Buy” by Brokerages

CMS Energy Corporation (NYSE:CMS) has been given a consensus recommendation of “Moderate Buy” by the twelve analysts that are covering the company, Marketbeat reports. Six analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $81.6667.

Several research analysts recently issued reports on the stock. Wall Street Zen upgraded shares of CMS Energy from a “strong sell” rating to a “sell” rating in a research report on Sunday, July 5th. BMO Capital Markets boosted their target price on shares of CMS Energy from $81.00 to $86.00 and gave the stock an “outperform” rating in a research note on Monday, July 20th. Truist Financial reduced their target price on shares of CMS Energy from $85.00 to $81.00 and set a “buy” rating on the stock in a research report on Tuesday, August 4th. Mizuho decreased their price target on shares of CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 29th. Finally, UBS Group reissued a “neutral” rating and issued a $84.00 price target on shares of CMS Energy in a report on Wednesday, July 29th.

Insider Activity

In other 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 transaction of $222,930.00. Following the transaction, the senior vice president owned 67,111 shares of the company’s stock, valued at $4,987,018.41. This represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On CMS Energy

Several institutional investors have recently modified their holdings of CMS. Kilter Group LLC acquired a new stake in CMS Energy during the 2nd quarter worth $26,000. Sound Income Strategies LLC increased its holdings in shares of CMS Energy by 84.4% in the fourth quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 157 shares in the last quarter. Scarborough Advisors LLC acquired a new stake in CMS Energy during the 1st quarter worth approximately $31,000. Elyxium Wealth LLC acquired a new stake in shares of CMS Energy during the fourth quarter worth $29,000. Finally, DV Equities LLC bought a new stake in CMS Energy in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

CMS Energy Trading Up 0.8%

Shares of CMS opened at $69.58 on Friday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.67 and a current ratio of 0.94. The company has a market cap of $21.82 billion, a price-to-earnings ratio of 20.90, a PEG ratio of 2.50 and a beta of 0.35. The stock has a fifty day moving average price of $73.92 and a two-hundred day moving average price of $74.83. CMS Energy has a 52-week low of $68.64 and a 52-week high of $80.36.

CMS Energy (NYSE:CMS) last announced its earnings results on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The company had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter in the prior year, the business earned $0.71 earnings per share. The business’s revenue for the quarter was down .5% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Analysts predict that CMS Energy will post 3.87 EPS for the current fiscal year.

CMS Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 7th will be paid a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, August 7th. CMS Energy’s dividend payout ratio (DPR) is 68.47%.

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.