Zacks Research Forecasts CMS Energy’s Q1 Earnings (NYSE:CMS)

CMS Energy Corporation (NYSE:CMS) – Stock analysts at Zacks Research reduced their Q1 2027 earnings per share estimates for CMS Energy in a report issued on Monday, September 8th. Zacks Research analyst Team now expects that the utilities provider will earn $1.12 per share for the quarter, down from their previous estimate of $1.13. The consensus estimate for CMS Energy’s current full-year earnings is $3.59 per share.

CMS Energy (NYSE:CMS) last released its earnings results on Thursday, July 31st. The utilities provider reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.04. CMS Energy had a return on equity of 12.07% and a net margin of 12.76%.The business had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.68 billion. During the same period last year, the business posted $0.66 earnings per share. The business’s revenue for the quarter was up 14.4% on a year-over-year basis. CMS Energy has set its FY 2025 guidance at 3.540-3.600 EPS.

Several other research firms also recently commented on CMS. Barclays upped their price objective on shares of CMS Energy from $77.00 to $78.00 and gave the company an “overweight” rating in a report on Tuesday, July 22nd. Wolfe Research reissued a “peer perform” rating on shares of CMS Energy in a research report on Monday, July 7th. Wall Street Zen cut shares of CMS Energy from a “hold” rating to a “sell” rating in a research note on Saturday, July 26th. Finally, Morgan Stanley reaffirmed an “outperform” rating on shares of CMS Energy in a report on Thursday, August 21st. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, CMS Energy has a consensus rating of “Moderate Buy” and a consensus price target of $77.25.

CMS Energy Stock Up 0.4%

CMS stock opened at $71.21 on Wednesday. The stock has a fifty day moving average of $72.04 and a 200-day moving average of $71.80. CMS Energy has a fifty-two week low of $63.97 and a fifty-two week high of $76.45. The company has a market capitalization of $21.31 billion, a price-to-earnings ratio of 21.07, a PEG ratio of 2.64 and a beta of 0.39. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.77 and a current ratio of 1.00.

Institutional Investors Weigh In On CMS Energy

A number of institutional investors and hedge funds have recently bought and sold shares of CMS. Sigma Planning Corp raised its position in CMS Energy by 0.4% during the first quarter. Sigma Planning Corp now owns 32,045 shares of the utilities provider’s stock valued at $2,407,000 after purchasing an additional 142 shares in the last quarter. Sage Mountain Advisors LLC increased its position in shares of CMS Energy by 4.5% during the 1st quarter. Sage Mountain Advisors LLC now owns 3,360 shares of the utilities provider’s stock valued at $252,000 after purchasing an additional 144 shares during the last quarter. Tobam raised its holdings in shares of CMS Energy by 35.0% during the 2nd quarter. Tobam now owns 559 shares of the utilities provider’s stock valued at $39,000 after buying an additional 145 shares in the last quarter. Sumitomo Life Insurance Co. raised its holdings in shares of CMS Energy by 1.3% during the 1st quarter. Sumitomo Life Insurance Co. now owns 11,233 shares of the utilities provider’s stock valued at $844,000 after buying an additional 146 shares in the last quarter. Finally, Spire Wealth Management lifted its position in CMS Energy by 6.4% in the 1st quarter. Spire Wealth Management now owns 2,550 shares of the utilities provider’s stock worth $191,000 after buying an additional 154 shares during the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at CMS Energy

In other CMS Energy news, SVP Brandon J. Hofmeister sold 2,000 shares of the firm’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $73.62, for a total value of $147,240.00. Following the completion of the transaction, the senior vice president directly owned 68,036 shares of the company’s stock, valued at $5,008,810.32. This trade represents a 2.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Lauren Y. Snyder sold 2,220 shares of the company’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $71.26, for a total transaction of $158,197.20. Following the completion of the transaction, the senior vice president directly owned 13,512 shares in the company, valued at approximately $962,865.12. The trade was a 14.11% decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is owned by company insiders.

CMS Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 8th were issued a dividend of $0.5425 per share. This represents a $2.17 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Friday, August 8th. CMS Energy’s dividend payout ratio is 64.20%.

CMS Energy Company Profile

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.