CMS Energy Corporation (NYSE:CMS) Receives $79.38 Average Price Target from Analysts

Shares of CMS Energy Corporation (NYSE:CMS) have been assigned an average rating of “Moderate Buy” from the thirteen analysts that are covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating and seven 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 $79.5385.

CMS has been the subject of several recent research reports. Morgan Stanley set a $80.00 target price on shares of CMS Energy in a report on Friday, February 20th. BMO Capital Markets reissued an “outperform” rating and set a $80.00 target price (up from $79.00) on shares of CMS Energy in a report on Monday, February 9th. KeyCorp raised their target price on shares of CMS Energy from $79.00 to $83.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, January 21st. Finally, Bank of America set a $82.00 price objective on shares of CMS Energy in a report on Friday, January 30th.

Insider Activity

In other CMS Energy news, Director John G. Russell sold 14,914 shares of CMS Energy stock in a transaction on Friday, February 20th. The shares were sold at an average price of $75.75, for a total value 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Brandon J. Hofmeister sold 4,000 shares of CMS Energy 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 directly owned 70,670 shares of the company’s stock, valued at $5,528,514.10. The trade was a 5.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 20,664 shares of company stock worth $1,579,506 over the last three months. Corporate insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CMS. Norges Bank purchased a new position in CMS Energy in the fourth quarter valued at $316,057,000. Vanguard Group Inc. grew its position in shares of CMS Energy by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider’s stock valued at $2,844,213,000 after purchasing an additional 1,501,991 shares during the period. Pictet Asset Management Holding SA grew its position in shares of CMS Energy by 70.9% in the fourth quarter. Pictet Asset Management Holding SA now owns 3,571,251 shares of the utilities provider’s stock valued at $249,738,000 after purchasing an additional 1,481,779 shares during the period. Parnassus Investments LLC acquired a new stake in shares of CMS Energy in the fourth quarter valued at about $102,983,000. Finally, Qube Research & Technologies Ltd grew its position in shares of CMS Energy by 1,048.7% in the second quarter. Qube Research & Technologies Ltd now owns 1,460,924 shares of the utilities provider’s stock valued at $101,213,000 after purchasing an additional 1,333,743 shares during the period. Hedge funds and other institutional investors own 93.57% of the company’s stock.

CMS Energy Trading Up 0.2%

Shares of CMS Energy stock opened at $78.78 on Friday. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.98 and a quick ratio of 0.76. The firm has a fifty day moving average price of $76.02 and a 200 day moving average price of $73.56. CMS Energy has a 1 year low of $67.71 and a 1 year high of $79.20. The stock has a market cap of $24.27 billion, a PE ratio of 22.32, a price-to-earnings-growth ratio of 2.78 and a beta of 0.43.

CMS Energy (NYSE:CMS) last issued its earnings results 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 firm had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter last year, the company posted $0.87 earnings per share. The firm’s 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. Equities research analysts predict that CMS Energy will post 3.59 earnings per share for the current year.

CMS Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th were issued a $0.57 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This is a positive change from CMS Energy’s previous quarterly dividend of $0.54. This represents a $2.28 dividend on an annualized basis and a yield of 2.9%. CMS Energy’s dividend payout ratio is presently 64.59%.

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.