CMS Energy (NYSE:CMS) Now Covered by Truist Financial

Truist Financial started coverage on shares of CMS Energy (NYSE:CMS) in a report issued on Tuesday morning, MarketBeat Ratings reports. The brokerage issued a buy rating and a $86.00 price target on the utilities provider’s stock.

A number of other analysts also recently commented on the stock. Bank of America set a $82.00 target price on shares of CMS Energy in a report on Friday, January 30th. Morgan Stanley set a $80.00 target price on shares of CMS Energy in a report on Friday, February 20th. UBS Group reiterated a “neutral” rating on shares of CMS Energy in a report on Friday, February 6th. Wall Street Zen downgraded shares of CMS Energy from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Finally, BMO Capital Markets dropped their target price on shares of CMS Energy from $86.00 to $85.00 and set an “outperform” rating on the stock in a report on Friday. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, CMS Energy currently has a consensus rating of “Moderate Buy” and an average price target of $81.21.

CMS Energy Stock Down 1.8%

NYSE CMS opened at $75.63 on Tuesday. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.98 and a quick ratio of 0.76. The company’s 50 day simple moving average is $77.10 and its 200 day simple moving average is $73.96. CMS Energy has a 12 month low of $67.71 and a 12 month high of $80.36. The company has a market capitalization of $23.29 billion, a P/E ratio of 21.43, a PEG ratio of 2.73 and a beta of 0.43.

CMS Energy (NYSE:CMS) last released its earnings results on Thursday, February 5th. The utilities provider reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.01. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The business had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same period in the previous year, the firm earned $0.87 EPS. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Equities research analysts expect that CMS Energy will post 3.86 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 8th will be issued a dividend of $0.57 per share. The ex-dividend date is Friday, May 8th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.0%. CMS Energy’s payout ratio is currently 64.59%.

Insider Activity

In other news, Director Diane Leopold purchased 2,000 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were acquired at an average price of $76.70 per share, for a total transaction of $153,400.00. Following the completion of the acquisition, the director directly owned 2,769 shares of the company’s stock, valued at $212,382.30. The trade was a 260.08% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Scott B. Mcintosh sold 1,750 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $78.20, for a total transaction of $136,850.00. Following the sale, the chief accounting officer owned 24,223 shares in the company, valued at $1,894,238.60. This represents a 6.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 20,664 shares of company stock worth $1,579,506 over the last three months. 0.50% of the stock is owned by insiders.

Institutional Investors Weigh In On CMS Energy

Large investors have recently made changes to their positions in the company. Quadrant Capital Group LLC raised its stake in CMS Energy by 3.3% during the fourth quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider’s stock worth $298,000 after acquiring an additional 137 shares in the last quarter. HM Payson & Co. raised its stake in CMS Energy by 65.6% during the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 141 shares in the last quarter. Private Trust Co. NA raised its stake in CMS Energy by 10.1% during the third quarter. Private Trust Co. NA now owns 1,562 shares of the utilities provider’s stock worth $114,000 after acquiring an additional 143 shares in the last quarter. Hantz Financial Services Inc. grew its position in CMS Energy by 1.5% during the 4th quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider’s stock worth $662,000 after acquiring an additional 143 shares during the last quarter. Finally, Covestor Ltd increased its holdings in CMS Energy by 52.0% in 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 and hedge funds own 93.57% of the company’s stock.

CMS Energy News Roundup

Here are the key news stories impacting CMS Energy this week:

• Positive Sentiment: Bank of America raised its price target on CMS to $88.00 and reiterated a “buy” rating, implying roughly a mid-teens upside from current levels; analyst optimism could provide price support. Benzinga
• Positive Sentiment: Truist initiated coverage on CMS with a “buy” rating and an $86.00 price target, signaling fresh institutional interest and another analyst endorsement pointing to upside. Benzinga TickerReport
• Positive Sentiment: CMS declared a quarterly dividend of $0.57 per share (record date May 8; payable May 29), implying about a 3.0% yield — a supportive factor for income-focused investors and dividend-oriented flows. PR Newswire
• Neutral Sentiment: Reminder: CMS will report quarterly earnings next Tuesday — a near-term catalyst that could drive volatility depending on results and any guidance or regulatory updates. American Banking News
• Negative Sentiment: Zacks preview suggests CMS lacks the two key factors that typically produce an earnings beat, implying a lower probability of a surprise to the upside despite expected earnings growth — this raises downside risk if results disappoint. Zacks

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.