CMS Energy (NYSE:CMS) Hits New 12-Month Low – What’s Next?

CMS Energy Corporation (NYSE:CMS) shares reached a new 52-week low on Friday . The company traded as low as $67.18 and last traded at $67.1780, with a volume of 1636785 shares. The stock had previously closed at $67.68.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CMS. Jefferies Financial Group set a $78.00 price objective on shares of CMS Energy in a research note on Thursday, July 16th. Barclays lifted their target price on shares of CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. KeyCorp cut shares of CMS Energy from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 23rd. UBS Group reissued a “neutral” rating and issued a $84.00 price target on shares of CMS Energy in a research report on Wednesday, July 29th. Finally, Mizuho cut their price target on shares of CMS Energy from $78.00 to $77.00 and set a “neutral” rating for the company in a research note on Wednesday, July 29th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $81.00.

CMS Energy Stock Down 0.7%

The stock has a market capitalization of $21.07 billion, a P/E ratio of 20.17, a P/E/G ratio of 2.49 and a beta of 0.34. 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 firm’s fifty day moving average is $71.65 and its 200-day moving average is $74.19.

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

CMS Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 7th were issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend was Friday, August 7th. CMS Energy’s dividend payout ratio (DPR) is currently 68.47%.

Hedge Funds Weigh In On CMS Energy

Several institutional investors have recently bought and sold shares of CMS. Kilter Group LLC bought a new position in shares of CMS Energy in the second quarter valued at about $26,000. Elyxium Wealth LLC bought a new stake in CMS Energy during the 4th quarter worth about $29,000. DV Equities LLC acquired a new stake in CMS Energy in the 4th quarter valued at about $29,000. MidFirst Bank acquired a new stake in shares of CMS Energy in the fourth quarter valued at approximately $31,000. Finally, Scarborough Advisors LLC bought a new position in CMS Energy in the 1st quarter valued at $31,000. Institutional investors own 93.57% of the company’s stock.

About CMS Energy

CMS Energy Corporation (NYSE:CMS) is an energy company headquartered in Jackson, Michigan. Its principal subsidiary, Consumers Energy, is a regulated utility that provides electric and natural gas service to residential, commercial and industrial customers throughout Michigan.

Consumers Energy operates and maintains a diverse energy infrastructure that includes electric generation, transmission and distribution systems, as well as natural gas storage and distribution networks. The company is also investing in renewable energy and other technologies intended to support a cleaner and more reliable energy system, while continuing to serve customers across Michigan’s Lower Peninsula.

CMS Energy traces its history to the Consumers Power Company, which was founded in 1886.