Shares of CMS Energy Corporation (NYSE:CMS – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the fourteen ratings firms that are presently covering the stock, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $78.3077.
CMS has been the topic of several research reports. Barclays reduced their price objective on CMS Energy from $82.00 to $74.00 and set an “overweight” rating on the stock in a report on Wednesday, January 14th. Morgan Stanley raised their price target on CMS Energy from $74.00 to $75.00 and gave the company an “equal weight” rating in a research note on Monday, February 2nd. JPMorgan Chase & Co. upped their price objective on shares of CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. UBS Group reissued a “neutral” rating on shares of CMS Energy in a research report on Friday, February 6th. Finally, Mizuho upped their price target on shares of CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th.
Check Out Our Latest Stock Report on CMS Energy
CMS Energy Trading Down 0.9%
CMS Energy (NYSE:CMS – Get Free Report) last issued 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 prior year, the firm earned $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. On average, research analysts expect that CMS Energy will post 3.59 EPS for the current year.
CMS Energy Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be given a dividend of $0.57 per share. This is a boost from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $2.28 annualized dividend and a yield of 3.0%. CMS Energy’s payout ratio is 61.47%.
Institutional Investors Weigh In On CMS Energy
Institutional investors have recently added to or reduced their stakes in the stock. Sound Income Strategies LLC raised its holdings in CMS Energy by 84.4% in the fourth 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. grew its position in shares of 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 buying an additional 141 shares during the last quarter. First Horizon Corp bought a new position in shares of CMS Energy during the 3rd quarter worth approximately $26,000. Elyxium Wealth LLC purchased a new stake in CMS Energy during the fourth quarter valued at approximately $29,000. Finally, DV Equities LLC acquired a new stake in CMS Energy in the fourth quarter valued at approximately $29,000. Institutional investors own 93.57% of the company’s stock.
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.
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