Brokerages Set CMS Energy Corporation (NYSE:CMS) Target Price at $78.36

by · The Cerbat Gem

Shares of CMS Energy Corporation (NYSE:CMS – Get Free Report) have earned a consensus rating of “Moderate Buy” from the thirteen ratings firms that are presently covering the company, Marketbeat reports. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $78.3636.

Several equities research analysts have recently weighed in on CMS shares. Wall Street Zen upgraded CMS Energy from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. Barclays raised their price objective on shares of CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. Weiss Ratings restated a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, October 8th. Morgan Stanley increased their target price on shares of CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Wells Fargo & Company upgraded shares of CMS Energy to a “hold” rating in a research note on Tuesday, October 28th.

Read Our Latest Report on CMS

CMS Energy Price Performance

Shares of CMS opened at $72.67 on Friday. The firm has a market capitalization of $22.11 billion, a price-to-earnings ratio of 21.00, a PEG ratio of 2.79 and a beta of 0.47. The firm’s fifty day simple moving average is $73.68 and its 200-day simple moving average is $72.02. CMS Energy has a twelve month low of $63.97 and a twelve month 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 – Get Free Report) last posted its earnings results on Thursday, October 30th. The utilities provider reported $0.93 EPS for the quarter, beating the consensus estimate of $0.86 by $0.07. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same quarter in the prior year, the company posted $0.84 earnings per share. CMS Energy’s revenue for the quarter was up 15.9% compared to the same quarter last year. 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. Equities analysts forecast that CMS Energy will post 3.59 EPS for the current fiscal year.

CMS Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th were given a dividend of $0.5425 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a $2.17 annualized dividend and a yield of 3.0%. CMS Energy’s payout ratio is 62.72%.

Insider Buying and Selling

In other CMS Energy news, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s 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 directly owned 64,259 shares of the company’s stock, valued at approximately $4,656,849.73. This trade represents a 5.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Lauren Y. Snyder sold 2,220 shares of CMS Energy stock in a transaction on Friday, September 5th. The shares were sold at an average price of $71.26, for a total transaction of $158,197.20. Following the completion of the transaction, the senior vice president owned 13,512 shares in the company, valued at approximately $962,865.12. This represents a 14.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.49% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CMS Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. HM Payson & Co. raised its stake in CMS Energy by 65.6% during the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 141 shares during the last quarter. Private Trust Co. NA raised its stake in shares of CMS Energy by 10.1% during the third quarter. Private Trust Co. NA now owns 1,562 shares of the utilities provider’s stock worth $114,000 after purchasing an additional 143 shares during the last quarter. Tobam lifted its holdings in shares of CMS Energy by 35.0% during the second quarter. Tobam now owns 559 shares of the utilities provider’s stock worth $39,000 after purchasing an additional 145 shares during the period. Covestor Ltd grew its position in CMS Energy by 52.0% in the 3rd quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock valued at $31,000 after buying an additional 145 shares during the last quarter. Finally, Cim LLC increased its stake in CMS Energy by 0.8% in the 3rd quarter. Cim LLC now owns 19,038 shares of the utilities provider’s stock valued at $1,395,000 after buying an additional 152 shares during the period. Hedge funds and other institutional investors own 93.57% of the company’s stock.

About CMS Energy

(Get Free Report)

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.

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