CMS Energy Corporation (NYSE:CMS) Receives $80.83 Average Target Price from Brokerages

CMS Energy Corporation (NYSE:CMS) has earned an average recommendation of “Moderate Buy” from the thirteen analysts that are presently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $80.8333.

Several brokerages have recently weighed in on CMS. Truist Financial reduced their price target on CMS Energy from $86.00 to $83.00 and set a “buy” rating for the company in a report on Monday, May 18th. Williams Trading set a $80.00 price target on CMS Energy in a report on Monday, February 9th. UBS Group restated a “neutral” rating on shares of CMS Energy in a report on Friday, February 6th. Wall Street Zen downgraded CMS Energy from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Finally, Bank of America raised their price target on CMS Energy from $82.00 to $88.00 and gave the company a “buy” rating in a report on Tuesday, April 21st.

CMS Energy Stock Performance

NYSE:CMS opened at $73.20 on Friday. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.84 and a quick ratio of 0.66. The business has a 50 day moving average of $75.79 and a 200 day moving average of $74.03. The company has a market capitalization of $22.61 billion, a price-to-earnings ratio of 20.22, a PEG ratio of 2.69 and a beta of 0.37. CMS Energy has a 1-year low of $68.37 and a 1-year high of $80.36.

CMS Energy (NYSE:CMS) last announced its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.02. The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate 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 in the previous year, the company posted $1.02 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. On average, sell-side analysts predict that CMS Energy will post 3.87 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 8th will be issued a dividend of $0.57 per share. The ex-dividend date is Friday, May 8th. This represents a $2.28 annualized dividend and a dividend yield of 3.1%. CMS Energy’s dividend payout ratio (DPR) is presently 62.98%.

Insider Buying and Selling at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total transaction of $222,930.00. Following the sale, the senior vice president directly owned 67,111 shares of the company’s stock, valued at $4,987,018.41. This trade represents a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Scott B. Mcintosh sold 1,750 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $78.20, for a total value of $136,850.00. Following the sale, the chief accounting officer directly owned 24,223 shares in the company, valued at $1,894,238.60. This trade represents a 6.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On CMS Energy

Several institutional investors have recently modified their holdings of CMS. Sound Income Strategies LLC lifted its position in CMS Energy by 84.4% during the fourth 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 period. Elyxium Wealth LLC bought a new position in CMS Energy during the fourth quarter valued at approximately $29,000. DV Equities LLC bought a new position in CMS Energy during the fourth quarter valued at approximately $29,000. Covestor Ltd boosted its position in CMS Energy by 52.0% in the third quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 145 shares during the last quarter. Finally, MidFirst Bank purchased a new position in CMS Energy in the fourth quarter worth about $31,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

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.