CMS Energy Co. (NYSE:CMS) has been given a consensus rating of “Buy” by the fifteen analysts that are currently covering the firm, Marketbeat reports. Seven analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $49.14.

Several analysts recently weighed in on the stock. UBS Group assumed coverage on shares of CMS Energy in a research report on Friday, February 2nd. They issued a “neutral” rating and a $49.00 price objective on the stock. SunTrust Banks reiterated a “hold” rating and issued a $45.00 price objective on shares of CMS Energy in a research report on Monday, January 29th. Zacks Investment Research upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a research report on Tuesday, January 9th. Guggenheim reiterated a “hold” rating and issued a $50.00 price objective on shares of CMS Energy in a research report on Wednesday, January 3rd. Finally, Wells Fargo & Co upgraded shares of CMS Energy from a “market perform” rating to an “outperform” rating in a research report on Monday, December 18th.

Shares of CMS Energy (NYSE:CMS) traded up $1.02 during trading hours on Friday, reaching $42.79. 5,897,732 shares of the company traded hands, compared to its average volume of 3,031,636. The company has a market cap of $11,889.66, a P/E ratio of 22.17, a PEG ratio of 2.82 and a beta of 0.09. CMS Energy has a 12-month low of $40.48 and a 12-month high of $50.85. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.59 and a current ratio of 0.94.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Friday, February 16th will be paid a dividend of $0.3575 per share. This is a boost from CMS Energy’s previous quarterly dividend of $0.33. The ex-dividend date is Thursday, February 15th. This represents a $1.43 annualized dividend and a yield of 3.34%. CMS Energy’s dividend payout ratio (DPR) is presently 68.91%.

In other CMS Energy news, insider David G. Mengebier sold 2,500 shares of the firm’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $49.48, for a total transaction of $123,700.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.65% of the stock is currently owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. Sentry Investment Management LLC increased its stake in CMS Energy by 0.9% during the 2nd quarter. Sentry Investment Management LLC now owns 21,980 shares of the utilities provider’s stock valued at $1,017,000 after buying an additional 201 shares during the period. Archford Capital Strategies LLC increased its stake in CMS Energy by 62.0% during the 2nd quarter. Archford Capital Strategies LLC now owns 1,145 shares of the utilities provider’s stock valued at $122,000 after buying an additional 438 shares during the period. Stifel Financial Corp increased its stake in CMS Energy by 1.3% during the 2nd quarter. Stifel Financial Corp now owns 60,425 shares of the utilities provider’s stock valued at $2,798,000 after buying an additional 760 shares during the period. Oregon Public Employees Retirement Fund increased its stake in CMS Energy by 4.1% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 30,173 shares of the utilities provider’s stock valued at $1,398,000 after buying an additional 1,191 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in CMS Energy by 3.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 39,061 shares of the utilities provider’s stock valued at $1,809,000 after buying an additional 1,210 shares during the period. 87.22% of the stock is currently owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION WARNING: “CMS Energy Co. (CMS) Given Consensus Recommendation of “Buy” by Analysts” was published by Watch List News and is the property of of Watch List News. If you are accessing this report on another publication, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this report can be read at https://www.watchlistnews.com/cms-energy-co-cms-given-consensus-recommendation-of-buy-by-analysts/1855937.html.

About CMS Energy

CMS Energy Corporation is an energy company operating primarily in Michigan. The Company operates through three segments: electric utility, which consists of regulated activities associated with the generation, transmission and distribution of electricity in Michigan; gas utility, which consists of regulated activities associated with the transportation, storage and distribution of natural gas in Michigan, and enterprises, which consists of various subsidiaries engaging primarily in domestic independent power production.

Analyst Recommendations for CMS Energy (NYSE:CMS)

Receive News & Ratings for CMS Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CMS Energy and related companies with MarketBeat.com's FREE daily email newsletter.