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

CMS Energy Corporation (NYSE:CMS) has been given an average recommendation of “Moderate Buy” by the thirteen ratings firms that are currently covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $81.50.

A number of equities research analysts recently weighed in on the stock. Truist Financial assumed coverage on shares of CMS Energy in a research report on Tuesday, April 21st. They issued a “buy” rating and a $86.00 price target for the company. UBS Group reissued a “neutral” rating on shares of CMS Energy in a research report on Friday, February 6th. Williams Trading set a $80.00 target price on shares of CMS Energy in a report on Monday, February 9th. JPMorgan Chase & Co. increased their target price on shares of CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Finally, KeyCorp increased their target price on shares of CMS Energy from $79.00 to $83.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd.

CMS Energy Price Performance

Shares of CMS opened at $76.06 on Wednesday. CMS Energy has a 1-year low of $67.71 and a 1-year high of $80.36. The stock has a market cap of $23.50 billion, a PE ratio of 21.01, a price-to-earnings-growth ratio of 2.75 and a beta of 0.37. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.84 and a quick ratio of 0.66. The firm has a fifty day moving average price of $77.13 and a 200 day moving average price of $74.07.

CMS Energy (NYSE:CMS) last announced its quarterly 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. 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 during the quarter, compared to analysts’ expectations of $2.46 billion. During the same period in the previous year, the company earned $1.02 earnings per share. CMS Energy’s quarterly 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. As a group, sell-side analysts anticipate that CMS Energy will post 3.87 EPS for the current year.

CMS Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 8th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, May 8th. CMS Energy’s payout ratio is 62.98%.

Insider Buying and Selling

In related news, Director John G. Russell sold 14,914 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $75.75, for a total value of $1,129,735.50. Following the transaction, the director owned 131,568 shares in the company, valued at $9,966,276. The trade was a 10.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO Scott B. Mcintosh sold 1,750 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $78.20, for a total value of $136,850.00. Following the completion of the transaction, the chief accounting officer owned 24,223 shares in the company, valued at $1,894,238.60. This trade represents a 6.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 20,664 shares of company stock worth $1,579,506. Insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On CMS Energy

Several institutional investors have recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC raised its holdings in CMS Energy by 3.3% during the fourth quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider’s stock worth $298,000 after purchasing an additional 137 shares in the last quarter. HM Payson & Co. raised its holdings in CMS Energy by 65.6% during the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 141 shares in the last quarter. Private Trust Co. NA raised its holdings in CMS Energy by 10.1% during the third quarter. Private Trust Co. NA now owns 1,562 shares of the utilities provider’s stock worth $114,000 after purchasing an additional 143 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in 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 in the last quarter. Finally, Covestor Ltd raised its holdings in CMS Energy by 52.0% during the third quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 145 shares in the last quarter. Institutional investors and hedge funds 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.