CMS Energy (NYSE:CMS) Stock Picked Up by Analysts at HSBC

Equities researchers at HSBC initiated coverage on shares of CMS Energy (NYSE:CMS) in a report issued on Thursday, Marketbeat Ratings reports. The brokerage set a “hold” rating and a $69.00 price target on the utilities provider’s stock. HSBC’s price target would indicate a potential upside of 1.27% from the company’s current price.

Several other analysts also recently weighed in on CMS. Jefferies Financial Group dropped their price target on CMS Energy from $78.00 to $74.00 and set a “hold” rating on the stock in a research note on Tuesday, September 15th. UBS Group restated a “neutral” rating and issued a $84.00 price objective on shares of CMS Energy in a research note on Wednesday, July 29th. Scotiabank reaffirmed a “sector outperform” rating and set a $78.00 target price on shares of CMS Energy in a report on Thursday, October 1st. Truist Financial dropped their target price on CMS Energy from $81.00 to $77.00 and set a “buy” rating on the stock in a research report on Wednesday, October 14th. Finally, BMO Capital Markets increased their price target on shares of CMS Energy from $73.00 to $76.00 and gave the stock an “outperform” rating in a report on Monday. Seven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $77.76.

CMS Energy Stock Down 0.4%

NYSE:CMS opened at $68.14 on Thursday. The company has a market cap of $21.37 billion, a PE ratio of 20.46, a P/E/G ratio of 2.50 and a beta of 0.32. CMS Energy has a twelve month low of $62.28 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 company’s 50 day moving average is $66.91 and its two-hundred day moving average is $71.81.

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, beating analysts’ consensus estimates of $0.36 by $0.01. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter in the prior year, the business posted $0.71 EPS. CMS Energy’s revenue for the quarter was down .5% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Analysts anticipate that CMS Energy will post 3.87 EPS for the current year.

Hedge Funds Weigh In On CMS Energy

Institutional investors and hedge funds have recently modified their holdings of the stock. GQG Partners LLC purchased a new stake in shares of CMS Energy in the second quarter worth about $363,388,000. Magellan Asset Management Ltd purchased a new position in CMS Energy during the second quarter valued at approximately $194,237,000. Legal & General Group Plc purchased a new position in CMS Energy during the second quarter valued at approximately $189,370,000. Hsbc Holdings PLC purchased a new position in CMS Energy during the second quarter valued at approximately $91,344,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in CMS Energy in the second quarter valued at approximately $58,830,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Key CMS Energy News

Here are the key news stories impacting CMS Energy this week:

• Positive Sentiment: CMS Energy declared a quarterly dividend of $0.57 per share, payable December 1 to shareholders of record November 6. The annualized dividend is $2.28 per share, representing an indicated yield of approximately 3.3%. CMS Energy Declares Quarterly Dividend
• Positive Sentiment: Analysts expect CMS Energy’s upcoming earnings to benefit from conditions that could support a results beat, potentially improving sentiment if the company exceeds expectations. CMS Energy Earnings Expected to Grow
• Neutral Sentiment: CMS Energy recently traded near $68.14, below its 200-day moving average of $71.81 but above its 50-day average of $66.91. Its valuation and defensive utility profile may appeal to income-focused investors, while leverage remains elevated with a debt-to-equity ratio of 1.81.
• Negative Sentiment: Morgan Stanley lowered its CMS Energy price target from $77 to $73 and assigned an “equal weight” rating. Although the new target implies roughly 7.1% upside, the reduction signals less near-term appreciation potential and was likely the primary source of pressure on the stock. Morgan Stanley Adjusts CMS Energy Price Target
• Negative Sentiment: CMS Energy underperformed some utility-sector peers in the latest session, suggesting investors may be favoring competing utilities or expressing caution toward the company specifically. CMS Energy Underperforms Competitors

About CMS Energy

CMS Energy Corporation is an energy company headquartered in Jackson, Michigan. Through its principal subsidiary, Consumers Energy, the company provides electric and natural gas utility services to residential, commercial and industrial customers throughout Michigan.

Consumers Energy operates and maintains electric generation, transmission and distribution infrastructure, as well as natural gas storage and distribution systems. CMS Energy also conducts independent power generation and energy-related activities through its businesses focused on renewable energy, natural gas and other power projects.

Founded in 1987 as a holding company, CMS Energy traces its utility operations to Consumers Power Company, which was established in Michigan in the late 19th century.