CMS Energy Corporation (NYSE:CMS) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of CMS Energy Corporation (NYSE:CMS) have been given a consensus recommendation of “Moderate Buy” by the fourteen brokerages that are currently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $78.3077.

A number of brokerages have issued reports on CMS. Jefferies Financial Group raised their target price on CMS Energy from $79.00 to $81.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. BMO Capital Markets reiterated an “outperform” rating and issued a $80.00 price target (up from $79.00) on shares of CMS Energy in a research report on Monday. Williams Trading set a $80.00 price objective on shares of CMS Energy in a report on Monday. Barclays cut their target price on shares of CMS Energy from $82.00 to $74.00 and set an “overweight” rating on the stock in a report on Wednesday, January 14th. Finally, Bank of America set a $82.00 price target on shares of CMS Energy in a report on Friday, January 30th.

CMS Energy Price Performance

CMS opened at $74.72 on Friday. The company has a fifty day moving average price of $70.92 and a two-hundred day moving average price of $72.25. The firm has a market capitalization of $22.89 billion, a PE ratio of 21.17, a P/E/G ratio of 2.64 and a beta of 0.47. CMS Energy has a 52 week low of $67.71 and a 52 week high of $76.45. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.60 and a current ratio of 0.98.

CMS Energy (NYSE:CMS) last issued its earnings results on Thursday, February 5th. The utilities provider reported $0.95 EPS for the quarter, beating the consensus estimate of $0.94 by $0.01. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The company had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter in the previous year, the company posted $0.87 EPS. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, analysts anticipate that CMS Energy will post 3.59 earnings per share for the current year.

CMS Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be paid a $0.57 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This is a positive change from CMS Energy’s previous quarterly dividend of $0.54. This represents a $2.28 dividend on an annualized basis and a yield of 3.1%. CMS Energy’s payout ratio is presently 61.47%.

Hedge Funds Weigh In On CMS Energy

Institutional investors have recently modified their holdings of the business. Sound Income Strategies LLC lifted its stake in CMS Energy by 84.4% in the fourth quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock valued at $25,000 after buying an additional 157 shares in the last quarter. HM Payson & Co. lifted 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 acquiring an additional 141 shares in the last quarter. First Horizon Corp bought a new stake in CMS Energy in the 3rd quarter valued at $26,000. Elyxium Wealth LLC acquired a new position in CMS Energy in the 4th quarter worth $29,000. Finally, Covestor Ltd increased its holdings in CMS Energy by 52.0% during the 3rd 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. Institutional investors own 93.57% of the company’s stock.

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.