CMS Energy (NYSE:CMS) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

CMS Energy (NYSE:CMS) announced its quarterly earnings results on Thursday. The utilities provider reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.01, Zacks reports. CMS Energy had a return on equity of 12.02% and a net margin of 13.35%. CMS Energy updated its FY 2025 guidance to 3.540-3.600 EPS.

CMS Energy Price Performance

Shares of NYSE:CMS opened at $68.69 on Friday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.83 and a current ratio of 1.23. The firm has a market cap of $20.52 billion, a price-to-earnings ratio of 20.69, a price-to-earnings-growth ratio of 2.48 and a beta of 0.42. The business has a 50-day simple moving average of $66.77 and a two-hundred day simple moving average of $67.85. CMS Energy has a fifty-two week low of $55.10 and a fifty-two week high of $72.40.

CMS Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Monday, February 17th will be given a $0.5425 dividend. The ex-dividend date is Friday, February 14th. This is a boost from CMS Energy’s previous quarterly dividend of $0.52. This represents a $2.17 annualized dividend and a yield of 3.16%. CMS Energy’s dividend payout ratio is 62.05%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company boosted their price target on shares of CMS Energy from $70.00 to $77.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. StockNews.com upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a research note on Wednesday. Scotiabank lifted their price target on shares of CMS Energy from $75.00 to $77.00 and gave the stock a “sector outperform” rating in a report on Thursday, December 12th. Jefferies Financial Group started coverage on CMS Energy in a research report on Tuesday, November 5th. They issued a “buy” rating and a $76.00 target price for the company. Finally, Mizuho cut CMS Energy from an “outperform” rating to a “neutral” rating and dropped their price target for the company from $76.00 to $72.00 in a research report on Tuesday, October 15th. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $71.15.

Insiders Place Their Bets

In other news, Director John G. Russell sold 28,750 shares of the business’s stock in a transaction on Thursday, December 19th. The shares were sold at an average price of $65.85, for a total transaction of $1,893,187.50. Following the completion of the sale, the director now owns 144,059 shares of the company’s stock, valued at $9,486,285.15. The trade was a 16.64 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Scott B. Mcintosh sold 936 shares of CMS Energy stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $68.50, for a total value of $64,116.00. Following the transaction, the chief accounting officer now owns 24,417 shares in the company, valued at $1,672,564.50. This trade represents a 3.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 33,686 shares of company stock valued at $2,228,084. Company insiders own 0.40% of the company’s stock.

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.