CMS Energy (NYSE:CMS) Issues Earnings Results

CMS Energy (NYSE:CMS) released its earnings results on Tuesday. The utilities provider reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01, FiscalAI reports. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The business had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.87 billion. CMS Energy updated its FY 2026 guidance to 4.080-4.170 EPS.

CMS Energy Stock Performance

Shares of NYSE CMS opened at $74.15 on Tuesday. The firm’s 50-day moving average price is $74.26 and its 200-day moving average price is $74.75. CMS Energy has a 52-week low of $68.64 and a 52-week high of $80.36. The company has a market cap of $22.91 billion, a PE ratio of 20.48, a PEG ratio of 2.71 and a beta of 0.35. The company has a quick ratio of 0.66, a current ratio of 0.84 and a debt-to-equity ratio of 1.80.

CMS Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 7th will be issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, August 7th. CMS Energy’s dividend payout ratio (DPR) is presently 62.98%.

Insider Buying and Selling at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were 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 in the company, valued at $4,987,018.41. This represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.50% of the stock is owned by insiders.

Institutional Investors Weigh In On CMS Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. FIL Ltd grew its position in CMS Energy by 1.7% in the 4th quarter. FIL Ltd now owns 3,012,486 shares of the utilities provider’s stock worth $210,663,000 after purchasing an additional 49,134 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of CMS Energy by 2.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,988,291 shares of the utilities provider’s stock valued at $139,041,000 after buying an additional 50,190 shares during the period. Qube Research & Technologies Ltd lifted its holdings in shares of CMS Energy by 24.9% during the 3rd quarter. Qube Research & Technologies Ltd now owns 1,824,470 shares of the utilities provider’s stock valued at $133,661,000 after buying an additional 363,546 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of CMS Energy by 2.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,530,640 shares of the utilities provider’s stock worth $107,045,000 after buying an additional 40,528 shares during the last quarter. Finally, Soroban Capital Partners LP boosted its stake in shares of CMS Energy by 215.8% in the 2nd quarter. Soroban Capital Partners LP now owns 1,435,170 shares of the utilities provider’s stock worth $99,429,000 after buying an additional 980,733 shares during the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Truist Financial lowered their price target on CMS Energy from $86.00 to $83.00 and set a “buy” rating for the company in a research report on Monday, May 18th. KeyCorp lowered shares of CMS Energy from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 23rd. 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 target price on shares of CMS Energy in a research note on Thursday, May 21st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of CMS Energy in a report on Friday, June 5th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, CMS Energy has a consensus rating of “Moderate Buy” and an average price target of $81.33.

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.