CMS Energy (NYSE:CMS) Price Target Raised to $88.00

24 Apr 2026, 02:02 by Amy Steele · The Cerbat Gem

CMS Energy (NYSE:CMS – Free Report) had its price target boosted by Bank of America from $82.00 to $88.00 in a research report released on Tuesday morning,Benzinga reports. The brokerage currently has a buy rating on the utilities provider’s stock.

CMS has been the subject of several other research reports. Morgan Stanley set a $80.00 price objective on shares of CMS Energy in a research report on Friday, February 20th. JPMorgan Chase & Co. increased their price objective on shares of CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Truist Financial initiated coverage on shares of CMS Energy in a research report on Tuesday. They issued a “buy” rating and a $86.00 price objective for the company. Jefferies Financial Group upped their target price on shares of CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Finally, BMO Capital Markets decreased their target price on shares of CMS Energy from $86.00 to $85.00 and set an “outperform” rating for the company in a research note on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, CMS Energy has a consensus rating of “Moderate Buy” and a consensus target price of $81.21.

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CMS Energy Price Performance

CMS Energy stock opened at $76.65 on Tuesday. CMS Energy has a 52-week low of $67.71 and a 52-week high of $80.36. The firm has a fifty day moving average of $77.15 and a 200-day moving average of $73.99. The firm has a market capitalization of $23.61 billion, a P/E 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 data on Thursday, February 5th. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.01. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The company had revenue of $2.23 billion during the quarter, compared to analyst estimates of $2.13 billion. During the same quarter in the prior year, the business earned $0.87 earnings per share. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, analysts predict that CMS Energy will post 3.87 EPS for the current year.

CMS Energy Dividend Announcement

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

Insider Activity

In other news, Director Diane Leopold bought 2,000 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was acquired at an average cost of $76.70 per share, for a total transaction of $153,400.00. Following the completion of the purchase, the director owned 2,769 shares of the company’s stock, valued at $212,382.30. This trade represents a 260.08% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the company’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $78.23, for a total transaction of $312,920.00. Following the completion of the transaction, the senior vice president owned 70,670 shares of the company’s stock, valued at $5,528,514.10. This trade represents a 5.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 20,664 shares of company stock valued at $1,579,506 over the last ninety days. 0.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. AE Wealth Management LLC boosted its stake in CMS Energy by 5.8% during the 3rd quarter. AE Wealth Management LLC now owns 244,165 shares of the utilities provider’s stock valued at $17,888,000 after acquiring an additional 13,481 shares during the last quarter. Cidel Asset Management Inc. boosted its stake in CMS Energy by 7.5% during the 3rd 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 stake in CMS Energy by 379.3% during the 3rd 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 boosted its stake 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 valued at $5,462,000 after acquiring an additional 28,577 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd boosted its stake 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 valued at $5,616,000 after acquiring an additional 30,061 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors.

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.