CMS Energy (NYSE:CMS) Research Coverage Started at HSBC

HSBC began coverage on shares of CMS Energy (NYSE:CMS) in a research report report published on Thursday, Marketbeat reports. The firm issued a hold rating and a $69.00 price target on the utilities provider’s stock.

A number of other research firms have also issued reports on CMS. KeyCorp lowered shares of CMS Energy from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 23rd. Royal Bank Of Canada set a $73.00 price objective on shares of CMS Energy in a report on Tuesday, October 6th. Wall Street Zen raised shares of CMS Energy from a “strong sell” rating to a “sell” rating in a report on Sunday, July 5th. Barclays cut their price objective on shares of CMS Energy from $81.00 to $72.00 and set an “overweight” rating on the stock in a research note on Friday, October 16th. Finally, UBS Group reissued a “neutral” rating and set a $84.00 target price on shares of CMS Energy in a report on Wednesday, July 29th. Seven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $77.76.

CMS Energy Stock Down 0.9%

CMS Energy stock opened at $69.64 on Thursday. The business’s 50-day simple moving average is $66.87 and its two-hundred day simple moving average is $71.74. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.67 and a current ratio of 0.94. The company has a market cap of $21.84 billion, a PE ratio of 20.91, a PEG ratio of 2.54 and a beta of 0.32. CMS Energy has a fifty-two week low of $62.28 and a fifty-two week high of $80.36.

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

CMS Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 6th will be issued 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 is Friday, November 6th. CMS Energy’s dividend payout ratio (DPR) is 68.47%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Kestra Private Wealth Services LLC raised its position in shares of CMS Energy by 3.9% in the first quarter. Kestra Private Wealth Services LLC now owns 4,596 shares of the utilities provider’s stock worth $357,000 after acquiring an additional 174 shares during the period. Lido Advisors LLC boosted its position in CMS Energy by 1.0% during the first quarter. Lido Advisors LLC now owns 18,123 shares of the utilities provider’s stock worth $1,406,000 after purchasing an additional 174 shares in the last quarter. NewEdge Advisors LLC grew its holdings in CMS Energy by 0.7% in the first quarter. NewEdge Advisors LLC now owns 26,328 shares of the utilities provider’s stock valued at $2,043,000 after purchasing an additional 174 shares during the period. Kera Capital Partners Inc. increased its position in shares of CMS Energy by 5.5% in the first quarter. Kera Capital Partners Inc. now owns 3,934 shares of the utilities provider’s stock valued at $305,000 after buying an additional 206 shares in the last quarter. Finally, CX Institutional increased its position in shares of CMS Energy by 6.7% in the third quarter. CX Institutional now owns 4,146 shares of the utilities provider’s stock valued at $262,000 after buying an additional 262 shares in the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

CMS Energy Company Profile

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.