Mizuho Lowers CMS Energy (NYSE:CMS) Price Target to $77.00

CMS Energy (NYSE:CMS) had its price target dropped by Mizuho from $78.00 to $77.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the utilities provider’s stock. Mizuho’s price objective would indicate a potential upside of 3.13% from the company’s current price.

Several other research firms have also recently issued reports on CMS. Weiss Ratings reissued a “buy (b)” rating on shares of CMS Energy in a research report on Friday, June 5th. Bank of America raised their target price on shares of CMS Energy from $82.00 to $88.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Truist Financial decreased their price target on shares of CMS Energy from $86.00 to $83.00 and set a “buy” rating for the company in a research note on Monday, May 18th. Barclays boosted their price target on CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Finally, KeyCorp cut CMS Energy from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 23rd. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, CMS Energy presently has an average rating of “Moderate Buy” and a consensus price target of $81.83.

CMS Energy Trading Up 0.4%

Shares of NYSE:CMS traded up $0.29 on Wednesday, hitting $74.66. 570,183 shares of the company’s stock were exchanged, compared to its average volume of 3,157,647. CMS Energy has a 12 month low of $68.64 and a 12 month high of $80.36. The stock has a market capitalization of $23.06 billion, a price-to-earnings ratio of 20.57, a price-to-earnings-growth ratio of 2.69 and a beta of 0.35. The business’s 50 day simple moving average is $74.28 and its two-hundred day simple moving average is $74.79. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.84 and a quick ratio of 0.66.

CMS Energy (NYSE:CMS) last posted its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The firm had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.87 billion. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The business’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the prior year, the business posted $0.71 earnings per share. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Analysts anticipate that CMS Energy will post 3.87 EPS for the current fiscal year.

Insider Activity

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of CMS Energy stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total value of $222,930.00. Following the transaction, the senior vice president owned 67,111 shares of the company’s stock, valued at $4,987,018.41. The trade was a 4.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On CMS Energy

Institutional investors have recently bought and sold shares of the company. Bison Wealth LLC acquired a new position in shares of CMS Energy during the fourth quarter worth $312,000. Integrated Wealth Concepts LLC acquired a new stake in shares of CMS Energy in the 1st quarter worth $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew 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 buying an additional 3,367 shares during the last quarter. Empowered Funds LLC grew its stake 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 last quarter. Finally, Woodline Partners LP increased its position in CMS Energy by 40.7% during the 1st 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 currently owned by institutional investors and hedge funds.

Trending Headlines about CMS Energy

Here are the key news stories impacting CMS Energy this week:

• Positive Sentiment: CMS Energy announced plans to exit its non-utility renewables development business through its NorthStar Clean Energy subsidiary. The move should allow management to concentrate capital and resources on its regulated utility operations, where electricity demand is expected to grow. CMS Energy forecasts 2027 profit below estimates, exits non-utility renewables business
• Positive Sentiment: Management provided an earnings outlook of approximately $4.08 to $4.17 per share, above the consensus estimate cited in some reports for the applicable guidance period. The company also plans continued investment to support rising electricity demand. CMS Energy Announces Second Quarter Results
• Neutral Sentiment: Second-quarter adjusted EPS was $0.37, essentially matching or slightly exceeding the $0.36 analyst estimate, but the comparison is complicated by differing reporting conventions across sources. CMS Energy Q2 Earnings Match Estimates, Revenues Decrease Year Over Year
• Negative Sentiment: Revenue of $1.83 billion fell short of the $1.87 billion consensus estimate and declined year over year. EPS dropped from $0.71 in the prior-year quarter to $0.37, while operating income also weakened. CMS Energy Shares Decline After Second-Quarter Earnings Miss
• Negative Sentiment: The newly introduced 2027 profit outlook was below Wall Street expectations, raising concerns about earnings growth despite the company’s regulated-utility focus and strategic portfolio simplification. CMS Energy targets 2027 EPS while planning to exit nonutility renewables

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.