CMS Energy (NYSE:CMS) Sets New 12-Month High – Here’s Why

Shares of CMS Energy Corporation (NYSE:CMS) reached a new 52-week high during trading on Tuesday . The stock traded as high as $78.81 and last traded at $78.6170, with a volume of 179045 shares changing hands. The stock had previously closed at $78.27.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CMS. Williams Trading set a $80.00 price target on shares of CMS Energy in a research report on Monday, February 9th. Wall Street Zen cut CMS Energy from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $80.00 price objective (up from $79.00) on shares of CMS Energy in a research note on Monday, February 9th. JPMorgan Chase & Co. boosted their target price on CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Finally, UBS Group reissued a “neutral” rating on shares of CMS Energy in a report on Friday, February 6th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $79.38.

CMS Energy Trading Up 0.5%

The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.76 and a current ratio of 0.98. The firm has a market cap of $24.11 billion, a price-to-earnings ratio of 22.29, a PEG ratio of 2.76 and a beta of 0.46. The business has a fifty day simple moving average of $73.91 and a 200-day simple moving average of $72.85.

CMS Energy (NYSE:CMS) last released its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.01. The company had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.13 billion. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The business’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, equities analysts forecast that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.9%. This is a boost from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date was Tuesday, February 17th. CMS Energy’s dividend payout ratio (DPR) is presently 64.59%.

Insider Buying and Selling

In other CMS Energy news, CAO Scott B. Mcintosh sold 1,750 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $78.20, for a total value of $136,850.00. Following the sale, the chief accounting officer owned 24,223 shares in the company, valued at approximately $1,894,238.60. The trade was a 6.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John G. Russell sold 14,914 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $75.75, for a total value of $1,129,735.50. Following the transaction, the director owned 131,568 shares of the company’s stock, valued at $9,966,276. This trade represents a 10.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 20,664 shares of company stock valued at $1,579,506. Company insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CMS. Sound Income Strategies LLC increased its position in shares of CMS Energy by 84.4% during the fourth quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after buying an additional 157 shares during the period. HM Payson & Co. boosted its position in CMS Energy by 65.6% during the third 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. First Horizon Corp bought a new stake in CMS Energy during the third quarter valued at $26,000. Elyxium Wealth LLC acquired a new stake in CMS Energy during the 4th quarter worth about $29,000. Finally, DV Equities LLC bought a new position in shares of CMS Energy in the 4th quarter worth about $29,000. Institutional investors own 93.57% of the company’s stock.

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.