CMS Energy (NYSE:CMS) Releases FY 2025 Earnings Guidance

CMS Energy (NYSE:CMS) 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

A number of equities analysts have issued reports on CMS shares. StockNews.com raised shares of CMS Energy from a “sell” rating to a “hold” rating in a research note on Monday, July 29th. Guggenheim increased their target price on shares of CMS Energy from $66.00 to $67.00 and gave the stock a “buy” rating in a report on Friday, July 26th. KeyCorp increased their target price on shares of CMS Energy from $73.00 to $76.00 and gave the stock an “overweight” rating in a report on Monday, September 30th. Evercore ISI upgraded shares of CMS Energy to a “hold” rating in a report on Friday, July 26th. Finally, BMO Capital Markets increased their target price on shares of CMS Energy from $69.00 to $76.00 and gave the stock an “outperform” rating in a report on Monday, September 30th. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.85.

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.