CMS Energy Corporation (NYSE:CMS) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

CMS Energy Corporation (NYSE:CMS) has been assigned a consensus rating of “Moderate Buy” from the fourteen brokerages that are covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $79.3846.

A number of research firms have commented on CMS. Morgan Stanley set a $80.00 target price on CMS Energy in a report on Friday, February 20th. Barclays upped their price target on CMS Energy from $74.00 to $79.00 and gave the company an “overweight” rating in a research report on Monday, February 23rd. UBS Group restated a “neutral” rating on shares of CMS Energy in a research note on Friday, February 6th. Williams Trading set a $80.00 target price on shares of CMS Energy in a research note on Monday, February 9th. Finally, Wells Fargo & Company dropped their target price on shares of CMS Energy from $77.00 to $74.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 20th.

CMS Energy Price Performance

CMS opened at $77.27 on Tuesday. The company has a market capitalization of $23.68 billion, a P/E ratio of 21.89, a PEG ratio of 2.74 and a beta of 0.46. The company has a 50-day moving average of $73.21 and a 200-day moving average of $72.68. 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 has a 1-year low of $67.71 and a 1-year high of $78.47.

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

CMS Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were given a dividend of $0.57 per share. 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 3.0%. This is a boost from CMS Energy’s previous quarterly dividend of $0.54. CMS Energy’s payout ratio is currently 64.59%.

Insider Buying and Selling at CMS Energy

In other CMS Energy news, CAO Scott B. Mcintosh sold 1,750 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $78.20, for a total value of $136,850.00. Following the transaction, the chief accounting officer owned 24,223 shares of the company’s stock, valued at $1,894,238.60. This trade represents a 6.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Diane Leopold bought 2,000 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was bought at an average price of $76.70 per share, with a total value of $153,400.00. Following the completion of the purchase, the director owned 2,769 shares of the company’s stock, valued at $212,382.30. This trade represents a 260.08% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold 20,664 shares of company stock worth $1,579,506 in the last ninety days. Insiders own 0.49% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CMS. 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 during the last quarter. HM Payson & Co. grew its position in shares of 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 during the last quarter. First Horizon Corp acquired a new stake in shares of CMS Energy in the 3rd quarter worth about $26,000. Elyxium Wealth LLC acquired a new stake in shares of CMS Energy in the 4th quarter worth about $29,000. Finally, DV Equities LLC bought a new stake in CMS Energy in the 4th quarter valued at about $29,000. 93.57% of the stock is currently owned by institutional investors.

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.