CMS Energy (NYSE:CMS) Stock Rating Lowered by Wall Street Zen

CMS Energy (NYSE:CMS) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

Several other analysts also recently weighed in on the stock. Jefferies Financial Group lifted their target price on shares of CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. JPMorgan Chase & Co. raised their price target on CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Williams Trading set a $80.00 price objective on CMS Energy in a report on Monday, February 9th. Wells Fargo & Company lowered their target price on CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a report on Tuesday, January 20th. Finally, Morgan Stanley boosted their price target on shares of CMS Energy from $74.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Monday, February 2nd. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $78.31.

CMS Energy Price Performance

CMS stock opened at $76.71 on Friday. CMS Energy has a 52-week low of $67.71 and a 52-week high of $76.78. The company has a quick ratio of 0.76, a current ratio of 0.98 and a debt-to-equity ratio of 1.89. The stock has a market cap of $23.50 billion, a price-to-earnings ratio of 21.73, a price-to-earnings-growth ratio of 2.72 and a beta of 0.47. The business has a fifty day moving average of $71.04 and a two-hundred day moving average of $72.28.

CMS Energy (NYSE:CMS) last announced its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 EPS 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 analyst estimates of $2.13 billion. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The company’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, research analysts anticipate that CMS Energy will post 3.59 earnings per share for the current year.

Institutional Investors Weigh In On CMS Energy

Several hedge funds and other institutional investors have recently bought and sold shares of CMS. Bison Wealth LLC purchased a new position in shares of CMS Energy during the fourth quarter worth about $312,000. Integrated Wealth Concepts LLC acquired a new stake in shares of CMS Energy in the 1st quarter valued at about $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in CMS Energy by 10.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock worth $2,602,000 after buying an additional 3,367 shares during the last quarter. Empowered Funds LLC increased 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 worth $510,000 after buying an additional 1,226 shares during the period. Finally, Woodline Partners LP lifted its stake in CMS Energy by 40.7% in the first quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock valued at $1,896,000 after buying an additional 7,300 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

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.