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

Shares of CMS Energy Corporation (NYSE:CMS) have been given an average recommendation of “Moderate Buy” by the thirteen research firms that are currently covering the firm, MarketBeat reports. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $79.3846.

Several brokerages have weighed in on CMS. JPMorgan Chase & Co. boosted their price objective on CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. Jefferies Financial Group raised their target price on shares of CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Williams Trading set a $80.00 price target on shares of CMS Energy in a research report on Monday, February 9th. KeyCorp boosted their price target on shares of CMS Energy from $79.00 to $83.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, January 21st.

Insider Buying and Selling

In other CMS Energy news, SVP Brandon J. Hofmeister sold 4,000 shares of the stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $78.23, for a total value of $312,920.00. Following the transaction, the senior vice president owned 70,670 shares of the company’s stock, valued at approximately $5,528,514.10. This represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John G. Russell sold 14,914 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $75.75, for a total value of $1,129,735.50. Following the transaction, the director owned 131,568 shares in the company, valued at approximately $9,966,276. This trade represents a 10.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 20,664 shares of company stock valued at $1,579,506 over the last 90 days. Company insiders own 0.40% of the company’s stock.

Institutional Trading of CMS Energy

Hedge funds have recently modified their holdings of the company. AE Wealth Management LLC grew its holdings in shares of CMS Energy by 5.8% in the 3rd quarter. AE Wealth Management LLC now owns 244,165 shares of the utilities provider’s stock valued at $17,888,000 after buying an additional 13,481 shares during the period. Cidel Asset Management Inc. raised its stake in CMS Energy by 7.5% during the 3rd quarter. Cidel Asset Management Inc. now owns 346,729 shares of the utilities provider’s stock worth $25,401,000 after buying an additional 24,071 shares during the period. Benjamin Edwards Inc. lifted its holdings in CMS Energy by 379.3% during the third quarter. Benjamin Edwards Inc. now owns 61,861 shares of the utilities provider’s stock worth $4,532,000 after acquiring an additional 48,954 shares in the last quarter. Swiss Life Asset Management Ltd grew its stake in CMS Energy by 62.2% in the third quarter. Swiss Life Asset Management Ltd now owns 74,552 shares of the utilities provider’s stock valued at $5,462,000 after acquiring an additional 28,577 shares during the period. Finally, Venture Visionary Partners LLC grew its stake in CMS Energy by 769.5% in the third quarter. Venture Visionary Partners LLC now owns 27,521 shares of the utilities provider’s stock valued at $2,016,000 after acquiring an additional 24,356 shares during the period. 93.57% of the stock is currently owned by institutional investors and hedge funds.

CMS Energy Stock Down 0.0%

Shares of CMS opened at $78.56 on Friday. The business’s fifty day moving average price is $75.61 and its two-hundred day moving average price is $73.36. The firm has a market capitalization of $24.20 billion, a price-to-earnings ratio of 22.25, a PEG ratio of 2.78 and a beta of 0.43. CMS Energy has a 52 week low of $67.71 and a 52 week high of $78.88. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.76 and a current ratio of 0.98.

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

CMS Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were paid a $0.57 dividend. This is an increase from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.9%. CMS Energy’s dividend payout ratio (DPR) is currently 64.59%.

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.