CMS Energy (NYSE:CMS) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

CMS Energy (NYSE:CMS) had its target price boosted by research analysts at Jefferies Financial Group from $79.00 to $81.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the utilities provider’s stock. Jefferies Financial Group’s target price would indicate a potential upside of 12.73% from the company’s current price.

CMS has been the subject of a number of other reports. Barclays decreased their price target on CMS Energy from $82.00 to $74.00 and set an “overweight” rating for the company in a report on Wednesday, January 14th. Weiss Ratings restated a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, January 21st. Wall Street Zen downgraded CMS Energy from a “hold” rating to a “sell” rating in a research note on Friday, January 23rd. KeyCorp raised their price objective on CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Finally, Morgan Stanley reissued an “underperform” rating on shares of CMS Energy in a report on Wednesday, January 21st. Eight research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, CMS Energy presently has a consensus rating of “Moderate Buy” and an average target price of $77.25.

CMS Energy Price Performance

NYSE CMS traded down $0.19 during trading on Wednesday, hitting $71.85. 1,133,940 shares of the company’s stock were exchanged, compared to its average volume of 2,691,982. The stock’s 50 day moving average price is $71.24 and its two-hundred day moving average price is $72.21. The company has a market cap of $21.87 billion, a PE ratio of 20.76, a P/E/G ratio of 2.54 and a beta of 0.49. CMS Energy has a fifty-two week low of $65.17 and a fifty-two week high of $76.45. The company has a current ratio of 0.90, a quick ratio of 0.60 and a debt-to-equity ratio of 1.84.

CMS Energy (NYSE:CMS) last issued its earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. The business had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.83 billion. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The business’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.84 EPS. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS and its FY 2025 guidance at 3.560-3.600 EPS. Research analysts expect that CMS Energy will post 3.59 EPS for the current year.

Insider Activity

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of CMS Energy stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $72.47, for a total transaction of $289,880.00. Following the transaction, the senior vice president owned 64,259 shares in the company, valued at approximately $4,656,849.73. The trade was a 5.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.49% of the company’s stock.

Institutional Investors Weigh In On CMS Energy

Several institutional investors and hedge funds have recently modified their holdings of the stock. Sound Income Strategies LLC boosted its holdings in shares of CMS Energy by 84.4% during the 4th quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 157 shares during the last quarter. HM Payson & Co. raised its position in CMS Energy by 65.6% during the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 141 shares during the period. First Horizon Corp purchased a new position in shares of CMS Energy in the 3rd quarter worth approximately $26,000. Covestor Ltd boosted its holdings in shares of CMS Energy by 52.0% in the 3rd quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 145 shares during the period. Finally, Dorato Capital Management purchased a new stake in CMS Energy during the 4th quarter valued at $37,000. Institutional investors own 93.57% of the company’s stock.

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.