CMS Energy (NYSE:CMS) Given “Outperform” Rating at BMO Capital Markets

CMS Energy (NYSE:CMS)‘s stock had its “outperform” rating restated by analysts at BMO Capital Markets in a research note issued to investors on Monday,Benzinga reports. They currently have a $80.00 price target on the utilities provider’s stock, up from their prior price target of $79.00. BMO Capital Markets’ price objective would indicate a potential upside of 10.52% from the company’s previous close.

Several other research analysts have also issued reports on the company. Wells Fargo & Company reduced their target price on CMS Energy from $77.00 to $74.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 20th. Wall Street Zen upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, January 21st. KeyCorp upped their target price on CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Finally, Morgan Stanley upped their price objective on shares of CMS Energy from $74.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Monday, February 2nd. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, CMS Energy presently has a consensus rating of “Moderate Buy” and an average price target of $78.43.

CMS Energy Trading Down 0.6%

Shares of NYSE CMS traded down $0.46 during mid-day trading on Monday, reaching $72.38. The company had a trading volume of 856,725 shares, compared to its average volume of 3,065,162. CMS Energy has a 52 week low of $67.71 and a 52 week high of $76.45. The business’s 50-day moving average is $70.80 and its 200-day moving average is $72.21. The stock has a market cap of $22.03 billion, a price-to-earnings ratio of 20.47, a price-to-earnings-growth ratio of 2.59 and a beta of 0.47. The company has a current ratio of 1.34, a quick ratio of 0.60 and a debt-to-equity ratio of 1.99.

CMS Energy (NYSE:CMS) last announced its earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.01. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The business had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter last year, the firm earned $0.87 EPS. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Equities analysts expect that CMS Energy will post 3.59 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CMS. Harbour Investments Inc. raised its position in CMS Energy by 107.1% in the 4th quarter. Harbour Investments Inc. now owns 2,730 shares of the utilities provider’s stock valued at $191,000 after purchasing an additional 1,412 shares in the last quarter. Allstate Corp lifted its position in CMS Energy by 85.0% in the fourth quarter. Allstate Corp now owns 20,040 shares of the utilities provider’s stock valued at $1,401,000 after acquiring an additional 9,210 shares during the last quarter. Clearstead Advisors LLC lifted its holdings in shares of CMS Energy by 18.3% in the 4th quarter. Clearstead Advisors LLC now owns 3,116 shares of the utilities provider’s stock valued at $218,000 after purchasing an additional 483 shares during the last quarter. RHL Group LLC purchased a new stake in CMS Energy in the fourth quarter valued at approximately $76,000. Finally, Hantz Financial Services Inc. raised its position in CMS Energy by 1.5% in the 4th quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider’s stock valued at $662,000 after purchasing an additional 143 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

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.