CMS Energy (NYSE:CMS) Price Target Raised to $88.00 at Bank of America

CMS Energy (NYSE:CMS) had its price objective increased by Bank of America from $82.00 to $88.00 in a research note issued to investors on Tuesday morning,Benzinga reports. They currently have a buy rating on the utilities provider’s stock.

A number of other equities research analysts also recently issued reports on the stock. Williams Trading set a $80.00 price objective on shares of CMS Energy in a research report on Monday, February 9th. Jefferies Financial Group boosted their price objective on shares of CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. JPMorgan Chase & Co. boosted their price objective on shares of CMS Energy from $80.00 to $81.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, January 21st. Finally, Wells Fargo & Company set a $80.00 price objective on shares of CMS Energy in a research report on Tuesday. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $81.21.

CMS Energy Trading Down 1.8%

Shares of CMS stock opened at $75.63 on Tuesday. CMS Energy has a 1 year low of $67.71 and a 1 year high of $80.36. The firm has a fifty day moving average price of $77.10 and a 200-day moving average price of $73.96. 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 has a market cap of $23.29 billion, a price-to-earnings ratio of 21.43, a PEG ratio of 2.73 and a beta of 0.43.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter in the previous year, the firm posted $0.87 EPS. The company’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, equities analysts predict that CMS Energy will post 3.86 earnings per share for the current year.

CMS Energy Dividend Announcement

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

Insider Activity

In related news, Director Diane Leopold purchased 2,000 shares of the firm’s stock in a transaction on 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 purchase, the director directly owned 2,769 shares in the company, valued at $212,382.30. This trade represents a 260.08% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the business’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $78.23, for a total transaction of $312,920.00. Following the completion of the sale, the senior vice president owned 70,670 shares in the company, valued at approximately $5,528,514.10. The trade was a 5.36% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 20,664 shares of company stock worth $1,579,506. 0.50% of the stock is currently owned by corporate insiders.

Institutional Trading of CMS Energy

Several hedge funds have recently bought and sold shares of CMS. Sound Income Strategies LLC lifted its stake in CMS Energy by 84.4% in the 4th quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 157 shares in the last quarter. HM Payson & Co. lifted its stake in CMS Energy by 65.6% in the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 141 shares in the last quarter. First Horizon Corp purchased a new stake in shares of CMS Energy during the 3rd quarter valued at about $26,000. Elyxium Wealth LLC purchased a new stake in shares of CMS Energy during the 4th quarter valued at about $29,000. Finally, DV Equities LLC purchased a new stake in shares of CMS Energy during the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Key Stories Impacting CMS Energy

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

About CMS Energy

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.