Analysts Set CMS Energy Corporation (NYSE:CMS) PT at $78.31

Shares of CMS Energy Corporation (NYSE:CMS) have earned an average rating of “Moderate Buy” from the fourteen research firms that are covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $78.3077.

A number of research firms have recently commented on CMS. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, January 21st. Mizuho lifted their target price on CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Wells Fargo & Company dropped their price target on shares of CMS Energy from $77.00 to $74.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 20th. UBS Group reissued a “neutral” rating on shares of CMS Energy in a report on Friday, February 6th. Finally, Williams Trading set a $80.00 price objective on shares of CMS Energy in a research note on Monday, February 9th.

Hedge Funds Weigh In On CMS Energy

Hedge funds have recently modified their holdings of the stock. Sound Income Strategies LLC boosted its position in shares of CMS Energy by 84.4% in the 4th quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 157 shares during the period. HM Payson & Co. boosted its stake in CMS Energy by 65.6% in the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 141 shares during the period. First Horizon Corp purchased a new position in CMS Energy during the 3rd quarter worth approximately $26,000. Elyxium Wealth LLC acquired a new stake in CMS Energy during the 4th quarter valued at $29,000. Finally, Covestor Ltd lifted its holdings in shares of CMS Energy by 52.0% in the third quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 145 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

CMS Energy Stock Up 2.6%

CMS stock opened at $76.71 on Friday. The firm’s 50-day moving average is $71.04 and its two-hundred day moving average is $72.28. The company has a market capitalization 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. CMS Energy has a 52 week low of $67.71 and a 52 week high of $76.78. The company has a current ratio of 0.98, a quick ratio of 0.76 and a debt-to-equity ratio of 1.89.

CMS Energy (NYSE:CMS) last posted its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.01. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The business had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.13 billion. During the same quarter last year, the business earned $0.87 earnings per share. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. On average, analysts forecast that CMS Energy 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 will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 3.0%. This is a positive change from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date is Tuesday, February 17th. CMS Energy’s dividend payout ratio (DPR) is presently 61.47%.

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.