CMS Energy Corporation (CMS) To Go Ex-Dividend on August 7th

CMS Energy Corporation (NYSE:CMS) declared a quarterly dividend on Monday, July 20th. Investors of record on Friday, August 7th will be given a dividend of 0.57 per share by the utilities provider on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Friday, August 7th.

CMS Energy has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 3 years. CMS Energy has a payout ratio of 59.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect CMS Energy to earn $4.16 per share next year, which means the company should continue to be able to cover its $2.28 annual dividend with an expected future payout ratio of 54.8%.

CMS Energy Stock Down 0.6%

Shares of CMS Energy stock opened at $72.47 on Wednesday. The company has a quick ratio of 0.66, a current ratio of 0.84 and a debt-to-equity ratio of 1.80. The firm has a market cap of $22.39 billion, a P/E ratio of 20.02, a P/E/G ratio of 2.64 and a beta of 0.35. CMS Energy has a fifty-two week low of $68.64 and a fifty-two week high of $80.36. The business has a 50-day moving average price of $74.11 and a 200 day moving average price of $74.63.

CMS Energy (NYSE:CMS) last issued its earnings results on Tuesday, April 28th. The utilities provider reported $1.13 EPS for the quarter, topping the consensus estimate of $1.11 by $0.02. The company had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.46 billion. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The business’s revenue was up 11.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.02 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. On average, sell-side analysts forecast that CMS Energy will post 3.87 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on CMS shares. BMO Capital Markets boosted their target price on shares of CMS Energy from $81.00 to $86.00 and gave the company an “outperform” rating in a research note on Monday. JPMorgan Chase & Co. raised their price target on CMS Energy from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. KeyCorp reissued an “overweight” rating and set a $83.00 price target on shares of CMS Energy in a report on Monday, June 8th. Jefferies Financial Group set a $78.00 price target on CMS Energy in a report on Thursday, July 16th. Finally, Wells Fargo & Company set a $80.00 target price on CMS Energy in a research report on Tuesday, April 21st. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $81.33.

CMS Energy Company Profile

CMS Energy (NYSE: CMS) is an energy company based in Jackson, Michigan, whose principal business is the regulated utility operations of its subsidiary, Consumers Energy. The company is primarily focused on providing electric and natural gas service to customers in Michigan, operating the generation, transmission and distribution infrastructure necessary to deliver energy to residential, commercial and industrial customers. Headquartered in Jackson, CMS Energy conducts its core activities within the state and is regulated by state utility authorities.

Through Consumers Energy and related subsidiaries, CMS Energy develops, owns and operates a portfolio of generation assets and delivers a range of customer-facing services, including electricity and natural gas supply, grid management, energy efficiency programs and demand-response offerings.