CMS Energy (NYSE:CMS) Research Coverage Started at Truist Financial

24 Apr 2026, 01:04 by Renee Jackson · The Cerbat Gem

Truist Financial started coverage on shares of CMS Energy (NYSE:CMS – Free Report) in a report released on Tuesday morning, MarketBeat Ratings reports. The firm issued a buy rating and a $86.00 price objective on the utilities provider’s stock.

A number of other analysts also recently weighed in on CMS. Wells Fargo & Company cut their target price on CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 20th. Morgan Stanley set a $80.00 price target on CMS Energy in a research report on Friday, February 20th. Williams Trading set a $80.00 price target on CMS Energy in a research note on Monday, February 9th. Mizuho upped their price objective on shares of CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Finally, JPMorgan Chase & Co. raised their target price on shares of CMS Energy from $80.00 to $81.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $81.21.

View Our Latest Analysis on CMS

CMS Energy Stock Performance

Shares of NYSE:CMS opened at $76.65 on Tuesday. The company’s 50 day moving average price is $77.15 and its two-hundred day moving average price is $73.99. CMS Energy has a 12-month low of $67.71 and a 12-month high of $80.36. The firm has a market cap of $23.61 billion, a PE ratio of 21.71, a PEG ratio of 2.72 and a beta of 0.43. The company has a quick ratio of 0.76, a current ratio of 0.98 and a debt-to-equity ratio of 1.89.

CMS Energy (NYSE:CMS – Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.01. The company had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.13 billion. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Equities research analysts predict that CMS Energy will post 3.87 earnings per share for the current year.

CMS Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 8th will be given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, May 8th. CMS Energy’s dividend payout ratio is currently 64.59%.

Insiders Place Their Bets

In other CMS Energy news, Director John G. Russell sold 14,914 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $75.75, for a total transaction of $1,129,735.50. Following the completion of the transaction, the director owned 131,568 shares of the company’s stock, valued at approximately $9,966,276. The trade was a 10.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Scott B. Mcintosh sold 1,750 shares of CMS Energy stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $78.20, for a total transaction 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. In the last three months, insiders have sold 20,664 shares of company stock worth $1,579,506. Insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. AE Wealth Management LLC raised its stake in CMS Energy by 5.8% during the third quarter. AE Wealth Management LLC now owns 244,165 shares of the utilities provider’s stock worth $17,888,000 after buying an additional 13,481 shares during the last quarter. Cidel Asset Management Inc. boosted its position in CMS Energy by 7.5% during the third quarter. Cidel Asset Management Inc. now owns 346,729 shares of the utilities provider’s stock valued at $25,401,000 after acquiring an additional 24,071 shares during the last quarter. Benjamin Edwards Inc. boosted its position in CMS Energy by 379.3% during the third quarter. Benjamin Edwards Inc. now owns 61,861 shares of the utilities provider’s stock valued at $4,532,000 after acquiring an additional 48,954 shares during the last quarter. Swiss Life Asset Management Ltd grew its holdings in CMS Energy by 62.2% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 74,552 shares of the utilities provider’s stock worth $5,462,000 after acquiring an additional 28,577 shares during the period. Finally, Y Intercept Hong Kong Ltd grew its holdings in CMS Energy by 64.5% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 76,654 shares of the utilities provider’s stock worth $5,616,000 after acquiring an additional 30,061 shares during the period. 93.57% of the stock is owned by institutional investors and hedge funds.

CMS Energy Company Profile

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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.