CMS Energy Corporation (NYSE:CMS) Receives $81.67 Average Target Price from Analysts

Shares of CMS Energy Corporation (NYSE:CMS) have been given an average rating of “Moderate Buy” by the twelve brokerages that are currently covering the company, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $81.6667.

Several equities analysts have commented on the stock. UBS Group restated a “neutral” rating and issued a $84.00 price target on shares of CMS Energy in a research note on Wednesday, July 29th. Wall Street Zen upgraded CMS Energy from a “strong sell” rating to a “sell” rating in a report on Sunday, July 5th. Morgan Stanley set a $77.00 target price on CMS Energy in a report on Thursday, May 21st. Truist Financial lowered their target price on CMS Energy from $85.00 to $81.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. Finally, Mizuho cut their price target on CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a report on Wednesday, July 29th.

CMS Energy Trading Up 0.1%

Shares of NYSE CMS opened at $71.10 on Friday. CMS Energy has a twelve month low of $68.64 and a twelve month high of $80.36. The company has a current ratio of 0.94, a quick ratio of 0.67 and a debt-to-equity ratio of 1.81. The stock has a fifty day simple moving average of $73.99 and a 200-day simple moving average of $74.86. The stock has a market capitalization of $22.30 billion, a PE ratio of 21.35, a PEG ratio of 2.57 and a beta of 0.35.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.01. The business had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.87 billion. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The business’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.71 earnings per share. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. On average, equities analysts forecast that CMS Energy will post 3.87 earnings per share for the current year.

CMS Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be issued a $0.57 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $2.28 annualized dividend and a yield of 3.2%. CMS Energy’s dividend payout ratio (DPR) is 68.47%.

Insider Activity at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total transaction of $222,930.00. Following the completion of the transaction, the senior vice president owned 67,111 shares in the company, valued at approximately $4,987,018.41. The trade was a 4.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. iA Global Asset Management Inc. lifted its stake in shares of CMS Energy by 2.3% in the fourth quarter. iA Global Asset Management Inc. now owns 1,323,167 shares of the utilities provider’s stock valued at $92,529,000 after purchasing an additional 30,000 shares during the period. Vanguard Group Inc. grew its position in CMS Energy by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider’s stock worth $2,844,213,000 after buying an additional 1,501,991 shares during the period. RIA Advisory Group LLC acquired a new position in CMS Energy during the fourth quarter worth about $974,000. Capital Innovations LLC purchased a new position in CMS Energy in the fourth quarter valued at about $1,652,000. Finally, US Bancorp DE lifted its position in shares of CMS Energy by 64.9% during the 4th quarter. US Bancorp DE now owns 365,442 shares of the utilities provider’s stock valued at $25,555,000 after acquiring an additional 143,881 shares during the period. Hedge funds and other 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.