CMS Energy Corporation (NYSE:CMS) Given Average Rating of “Moderate Buy” by Brokerages

CMS Energy Corporation (NYSE:CMS) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are presently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $81.6923.

A number of brokerages recently weighed in on CMS. Wall Street Zen upgraded shares of CMS Energy from a “strong sell” rating to a “sell” rating in a research report on Sunday, July 5th. Weiss Ratings cut shares of CMS Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. upped their target price on shares of CMS Energy from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Mizuho cut their target price on shares of CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a report on Wednesday, July 29th. Finally, Argus reissued a “buy” rating and set a $80.00 price target on shares of CMS Energy in a research report on Wednesday, August 26th.

CMS Energy Stock Down 0.1%

Shares of CMS Energy stock opened at $68.41 on Tuesday. The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 1.81. CMS Energy has a 12 month low of $67.19 and a 12 month high of $80.36. The business has a fifty day simple moving average of $72.15 and a 200 day simple moving average of $74.34. The stock has a market cap of $21.45 billion, a PE ratio of 20.54, a price-to-earnings-growth ratio of 2.50 and a beta of 0.34.

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

CMS Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 7th were paid a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Friday, August 7th. CMS Energy’s dividend payout ratio (DPR) is presently 68.47%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bison Wealth LLC bought a new position in shares of CMS Energy during the 4th quarter valued at about $312,000. Integrated Wealth Concepts LLC bought a new stake in CMS Energy during the 1st quarter worth approximately $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in CMS Energy by 10.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock worth $2,602,000 after purchasing an additional 3,367 shares in the last quarter. Empowered Funds LLC raised its holdings in CMS Energy by 22.0% during the 1st quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock worth $510,000 after buying an additional 1,226 shares during the period. Finally, Woodline Partners LP lifted its stake in CMS Energy by 40.7% in the first quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock valued at $1,896,000 after buying an additional 7,300 shares in the last quarter. 93.57% of the stock is owned by institutional investors and hedge funds.

About CMS Energy

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.