CMS Energy Corporation (NYSE:CMS) Stock Has Consensus Price Target of $78.56 According to Brokerages

Shares of CMS Energy Corporation (NYSE:CMS) have been assigned a consensus rating of “Hold” from the fifteen ratings firms that are currently covering the stock, Marketbeat.com reports. Eight analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $77.76.

A number of research firms have recently commented on CMS. Scotiabank restated a “sector outperform” rating and set a $78.00 price objective on shares of CMS Energy in a research note on Thursday, October 1st. BMO Capital Markets lifted their target price on CMS Energy from $73.00 to $76.00 and gave the company an “outperform” rating in a research report on Monday, October 19th. Barclays dropped their target price on CMS Energy from $81.00 to $72.00 and set an “overweight” rating on the stock in a report on Friday, October 16th. Morgan Stanley reduced their price target on CMS Energy from $77.00 to $73.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 21st. Finally, KeyCorp lowered CMS Energy from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 23rd.

Institutional Investors Weigh In On CMS Energy

A number of institutional investors and hedge funds have recently modified their holdings of CMS. GQG Partners LLC acquired a new position in CMS Energy during the second quarter worth approximately $363,388,000. Pictet Asset Management Holding SA lifted its position in shares of CMS Energy by 16.7% in the first quarter. Pictet Asset Management Holding SA now owns 4,166,815 shares of the utilities provider’s stock valued at $323,262,000 after buying an additional 595,564 shares during the last quarter. Magellan Asset Management Ltd bought a new position in shares of CMS Energy during the 2nd quarter worth approximately $194,237,000. Legal & General Group Plc bought a new position in shares of CMS Energy during the 2nd quarter worth approximately $189,370,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of CMS Energy by 3.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,581,115 shares of the utilities provider’s stock worth $122,657,000 after acquiring an additional 50,475 shares during the last quarter. 93.57% of the stock is owned by institutional investors.

CMS Energy News Roundup

Here are the key news stories impacting CMS Energy this week:

• Positive Sentiment: CMS Energy reported adjusted EPS of $1.44, ahead of the $1.34–$1.35 analyst consensus and up from $0.93 a year earlier. Revenue increased 8% year over year to $2.18 billion. CMS Energy Q3 Earnings Top Estimates, Revenues Increase Y/Y
• Positive Sentiment: Management reaffirmed its adjusted EPS outlook for both 2026 and 2027, reducing the risk of a near-term guidance cut. The planned wind-down of NorthStar is also expected to leave CMS Energy more focused on its regulated utility operations. CMS Energy Announces Third Quarter Results
• Neutral Sentiment: The earnings call focused on the third-quarter results and the company’s outlook, with analysts seeking additional details on the guidance and business transition. CMS Energy Q3 2026 Earnings Call Transcript
• Negative Sentiment: GAAP EPS fell to $0.39 from $0.92 in the prior-year quarter, reflecting restructuring-related effects and the NorthStar wind-down. Revenue of $2.18 billion also fell short of the $2.23 billion estimate, tempering the strong adjusted-EPS beat. CMS Energy Posts Mixed Q3 Earnings Amid Restructuring
• Negative Sentiment: A reported reduction in CMS Energy’s corporate bond price target adds a modest negative financing and credit-market signal, although it does not directly change the company’s reaffirmed earnings outlook. CMS Energy Corporate Bond Price Target Reduced

CMS Energy Trading Down 0.7%

NYSE CMS opened at $69.09 on Wednesday. The firm’s 50 day moving average is $66.85 and its 200-day moving average is $72.54. CMS Energy has a 12-month low of $62.28 and a 12-month high of $80.36.

CMS Energy (NYSE:CMS) last announced its earnings results on Tuesday, October 27th. The utilities provider reported $1.44 EPS for the quarter, topping the consensus estimate of $1.35 by $0.09. The business had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.23 billion. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.93 EPS. As a group, research analysts predict that CMS Energy will post 3.87 EPS for the current fiscal year.

CMS Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 6th will be given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Friday, November 6th.

About CMS Energy

CMS Energy Corporation is an energy company headquartered in Jackson, Michigan. Through its principal subsidiary, Consumers Energy, the company provides electric and natural gas utility services to residential, commercial and industrial customers throughout Michigan.

Consumers Energy operates and maintains electric generation, transmission and distribution infrastructure, as well as natural gas storage and distribution systems. CMS Energy also conducts independent power generation and energy-related activities through its businesses focused on renewable energy, natural gas and other power projects.

Founded in 1987 as a holding company, CMS Energy traces its utility operations to Consumers Power Company, which was established in Michigan in the late 19th century.