CMS Energy Corporation (CMS) To Go Ex-Dividend on February 17th

CMS Energy Corporation (NYSE:CMS) declared a quarterly dividend on Thursday, February 5th. Stockholders of record on Tuesday, February 17th will be given a dividend of 0.57 per share by the utilities provider on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, February 17th. This is a 5.1% increase from CMS Energy’s previous quarterly dividend of $0.54.

CMS Energy has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 3 years. CMS Energy has a dividend payout ratio of 56.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect CMS Energy to earn $3.88 per share next year, which means the company should continue to be able to cover its $2.17 annual dividend with an expected future payout ratio of 55.9%.

CMS Energy Trading Down 0.0%

Shares of NYSE:CMS opened at $72.84 on Friday. The stock has a 50 day moving average of $70.80 and a 200 day moving average of $72.22. The company has a market cap of $22.17 billion, a PE ratio of 20.63, a price-to-earnings-growth ratio of 2.59 and a beta of 0.47. CMS Energy has a 12-month low of $67.04 and a 12-month high of $76.45. The company has a current ratio of 1.34, a quick ratio of 0.60 and a debt-to-equity ratio of 1.99.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.01. The business had revenue of $2.23 billion for 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 company’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, equities research analysts expect that CMS Energy will post 3.59 EPS for the current year.

Hedge Funds Weigh In On CMS Energy

Several institutional investors have recently added to or reduced their stakes in the company. Bison Wealth LLC purchased a new stake in shares of CMS Energy during the 4th quarter worth approximately $312,000. Integrated Wealth Concepts LLC purchased a new stake in CMS Energy during the first quarter valued at $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in CMS Energy by 10.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock valued at $2,602,000 after purchasing an additional 3,367 shares in the last quarter. Empowered Funds LLC lifted its position in CMS Energy by 22.0% during the first quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock valued at $510,000 after purchasing an additional 1,226 shares during the last quarter. Finally, Woodline Partners LP grew its stake in shares of CMS Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock worth $1,896,000 after buying an additional 7,300 shares in the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

About CMS Energy

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.