CMS Energy (NYSE:CMS – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.520-3.580 for the period, compared to the consensus estimate of 3.590. The company issued revenue guidance of -. CMS Energy also updated its FY 2024 guidance to 3.290-3.350 EPS.
CMS Energy Price Performance
CMS opened at $70.11 on Thursday. CMS Energy has a one year low of $53.64 and a one year high of $72.40. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.18 and a quick ratio of 0.87. The company’s 50 day simple moving average is $69.73 and its 200-day simple moving average is $64.51. The stock has a market capitalization of $20.94 billion, a P/E ratio of 21.38, a price-to-earnings-growth ratio of 2.77 and a beta of 0.41.
CMS Energy Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be paid a $0.515 dividend. The ex-dividend date is Wednesday, November 13th. This is a boost from CMS Energy’s previous quarterly dividend of $0.51. This represents a $2.06 dividend on an annualized basis and a yield of 2.94%. CMS Energy’s dividend payout ratio (DPR) is presently 62.80%.
Analyst Upgrades and Downgrades
Get Our Latest Research Report on CMS
About CMS Energy
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.
Further Reading
- Five stocks we like better than CMS Energy
- What is Put Option Volume?
- Big Buybacks Announced: 3 Stocks Insiders Are Banking On
- NYSE Stocks Give Investors a Variety of Quality Options
- Chipotle Serves Up a Price Dip – The Market Is Buying
- Why is the Ex-Dividend Date Significant to Investors?
- Bitcoin Breakout: 3 Stocks Set to Ride the Cryptocurrency Wave
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.