CMS Energy (NYSE:CMS) Price Target Raised to $81.00

CMS Energy (NYSE:CMS) had its price objective increased by JPMorgan Chase & Co. from $80.00 to $81.00 in a research note issued to investors on Thursday morning,Benzinga reports. The firm currently has an overweight rating on the utilities provider’s stock.

Several other analysts have also weighed in on CMS. Wall Street Zen upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. Wells Fargo & Company raised shares of CMS Energy to a “hold” rating in a research report on Tuesday, October 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, October 8th. KeyCorp lifted their target price on CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Finally, UBS Group dropped their price target on CMS Energy from $81.00 to $77.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $77.67.

CMS Energy Stock Up 0.6%

Shares of CMS Energy stock opened at $71.71 on Thursday. The business has a 50-day moving average price of $71.65 and a 200 day moving average price of $72.12. CMS Energy has a fifty-two week low of $65.10 and a fifty-two week high of $76.45. The firm has a market cap of $21.82 billion, a P/E ratio of 20.73, a P/E/G ratio of 2.55 and a beta of 0.49. The company has a quick ratio of 0.60, a current ratio of 0.90 and a debt-to-equity ratio of 1.84.

CMS Energy (NYSE:CMS) last issued its earnings results on Thursday, October 30th. The utilities provider reported $0.93 EPS for the quarter, topping the consensus estimate of $0.86 by $0.07. The company had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.83 billion. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The business’s revenue was up 15.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.84 EPS. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS and its FY 2025 guidance at 3.560-3.600 EPS. On average, sell-side analysts forecast that CMS Energy will post 3.59 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Friday, November 7th were given a dividend of $0.5425 per share. The ex-dividend date was Friday, November 7th. This represents a $2.17 annualized dividend and a dividend yield of 3.0%. CMS Energy’s payout ratio is currently 62.72%.

Insider Buying and Selling

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $72.47, for a total value of $289,880.00. Following the sale, the senior vice president directly owned 64,259 shares in the company, valued at $4,656,849.73. This trade represents a 5.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. HM Payson & Co. grew its position in CMS Energy by 65.6% in the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after buying an additional 141 shares in the last quarter. Private Trust Co. NA boosted its holdings in shares of CMS Energy by 10.1% in the third quarter. Private Trust Co. NA now owns 1,562 shares of the utilities provider’s stock valued at $114,000 after acquiring an additional 143 shares in the last quarter. Tobam increased its stake in shares of CMS Energy by 35.0% during the second quarter. Tobam now owns 559 shares of the utilities provider’s stock valued at $39,000 after acquiring an additional 145 shares during the period. 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. Finally, Cim LLC lifted its position in CMS Energy by 0.8% in the third quarter. Cim LLC now owns 19,038 shares of the utilities provider’s stock worth $1,395,000 after purchasing an additional 152 shares during the period. 93.57% of the stock is 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.