Zacks Research Forecasts Stronger Earnings for CMS Energy

CMS Energy Corporation (NYSE:CMS) – Investment analysts at Zacks Research boosted their FY2025 earnings estimates for CMS Energy in a report issued on Thursday, November 20th. Zacks Research analyst Team now expects that the utilities provider will post earnings of $3.60 per share for the year, up from their previous forecast of $3.59. The consensus estimate for CMS Energy’s current full-year earnings is $3.59 per share. Zacks Research also issued estimates for CMS Energy’s Q1 2026 earnings at $1.13 EPS, Q2 2026 earnings at $0.60 EPS, Q3 2026 earnings at $0.99 EPS, Q4 2026 earnings at $1.13 EPS, Q1 2027 earnings at $1.18 EPS, Q2 2027 earnings at $0.77 EPS and FY2027 earnings at $4.14 EPS.

CMS Energy (NYSE:CMS) last announced 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. CMS Energy had a return on equity of 12.07% and a net margin of 12.76%.The firm had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same period in the previous year, the business earned $0.84 EPS. The business’s quarterly revenue was up 15.9% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS. FY 2025 guidance at 3.560-3.600 EPS.

A number of other analysts also recently weighed in on CMS. Barclays increased their target price on shares of CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a research report on Tuesday, October 21st. Wells Fargo & Company upgraded 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 research note on Wednesday, October 8th. Morgan Stanley upped their price target on shares of CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Wall Street Zen raised CMS Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, CMS Energy has a consensus rating of “Moderate Buy” and a consensus target price of $78.36.

CMS Energy Price Performance

Shares of CMS opened at $74.00 on Friday. The business has a 50-day moving average of $73.14 and a 200-day moving average of $71.87. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.00 and a quick ratio of 0.77. The company has a market capitalization of $22.52 billion, a price-to-earnings ratio of 21.89, a price-to-earnings-growth ratio of 2.76 and a beta of 0.42. CMS Energy has a 1 year low of $63.97 and a 1 year high of $76.45.

CMS Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th will be paid a $0.5425 dividend. This represents a $2.17 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, November 7th. CMS Energy’s dividend payout ratio (DPR) is 62.72%.

Insider Activity at CMS Energy

In related news, SVP Lauren Y. Snyder sold 2,220 shares of CMS Energy stock in a transaction on Friday, September 5th. The shares were sold at an average price of $71.26, for a total value of $158,197.20. Following the completion of the sale, the senior vice president owned 13,512 shares of the company’s stock, valued at approximately $962,865.12. This trade represents a 14.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $72.47, for a total transaction of $289,880.00. Following the transaction, the senior vice president owned 64,259 shares in the company, valued at approximately $4,656,849.73. The trade was a 5.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CMS. Teachers Retirement System of The State of Kentucky lifted its position in shares of CMS Energy by 4.0% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 23,064 shares of the utilities provider’s stock valued at $1,732,000 after purchasing an additional 893 shares in the last quarter. Jane Street Group LLC grew its stake in CMS Energy by 503.4% in the 1st quarter. Jane Street Group LLC now owns 175,804 shares of the utilities provider’s stock valued at $13,205,000 after buying an additional 146,667 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in CMS Energy by 10.9% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 591,377 shares of the utilities provider’s stock valued at $40,971,000 after buying an additional 58,024 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in CMS Energy by 7.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 30,873 shares of the utilities provider’s stock valued at $2,176,000 after purchasing an additional 2,093 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of CMS Energy by 13.5% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 40,707 shares of the utilities provider’s stock worth $2,820,000 after purchasing an additional 4,855 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

About CMS Energy

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.