Morgan Stanley Has Lowered Expectations for CMS Energy (NYSE:CMS) Stock Price

CMS Energy (NYSE:CMS) had its price target lowered by investment analysts at Morgan Stanley from $80.00 to $79.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has an “equal weight” rating on the utilities provider’s stock. Morgan Stanley’s target price would suggest a potential upside of 14.05% from the company’s previous close.

Several other brokerages have also recently issued reports on CMS. KeyCorp cut CMS Energy from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 23rd. UBS Group restated a “neutral” rating and set a $84.00 price objective on shares of CMS Energy in a research note on Wednesday, July 29th. Jefferies Financial Group set a $78.00 price objective on CMS Energy in a report on Thursday, July 16th. Mizuho cut their target price on CMS Energy from $78.00 to $77.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. Finally, BMO Capital Markets increased their target price on CMS Energy from $81.00 to $86.00 and gave the stock an “outperform” rating in a report on Monday, July 20th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $81.83.

CMS Energy Stock Performance

NYSE CMS traded down $0.56 during trading on Friday, reaching $69.27. The company’s stock had a trading volume of 319,111 shares, compared to its average volume of 3,237,474. The company has a current ratio of 0.94, a quick ratio of 0.67 and a debt-to-equity ratio of 1.81. The firm has a market capitalization of $21.72 billion, a price-to-earnings ratio of 20.80, a price-to-earnings-growth ratio of 2.56 and a beta of 0.35. CMS Energy has a 12 month low of $68.64 and a 12 month high of $80.36. The firm has a 50 day moving average price of $73.76 and a 200 day moving average price of $74.79.

CMS Energy (NYSE:CMS) last announced its earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The firm had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter in the prior year, the business posted $0.71 EPS. The business’s revenue was down .5% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. As a group, equities analysts anticipate that CMS Energy will post 3.87 EPS for the current fiscal year.

Insider Transactions at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of CMS Energy stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total value of $222,930.00. Following the transaction, the senior vice president directly owned 67,111 shares of the company’s stock, valued at $4,987,018.41. This trade represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On CMS Energy

A number of large investors have recently modified their holdings of CMS. Kilter Group LLC bought a new position in shares of CMS Energy in the 2nd quarter valued at $26,000. Elyxium Wealth LLC bought a new stake in shares of CMS Energy during the 4th quarter worth $29,000. DV Equities LLC bought a new stake in shares of CMS Energy during the 4th quarter worth $29,000. MidFirst Bank acquired a new stake in CMS Energy in the fourth quarter valued at about $31,000. Finally, Scarborough Advisors LLC acquired a new stake in CMS Energy in the first quarter valued at about $31,000. Institutional investors and hedge funds 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.