CMS Energy Corporation (NYSE:CMS) Stock Has Consensus Price Target of $80.54 According to Analysts

Shares of CMS Energy Corporation (NYSE:CMS) have been assigned an average rating of “Moderate Buy” from the thirteen ratings firms that are currently covering the firm, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $80.54.

A number of brokerages have weighed in on CMS. Morgan Stanley reduced their price target on shares of CMS Energy from $79.00 to $77.00 and set an “equal weight” rating for the company in a report on Friday, September 18th. Jefferies Financial Group cut their price objective on shares of CMS Energy from $78.00 to $74.00 and set a “hold” rating for the company in a research report on Tuesday, September 15th. Mizuho reduced their target price on shares of CMS Energy from $78.00 to $77.00 and set a “neutral” rating for the company in a research note on Wednesday, July 29th. BMO Capital Markets lowered their price target on CMS Energy from $82.00 to $77.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 8th. Finally, JPMorgan Chase & Co. upped their price target on CMS Energy from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Thursday, July 16th.

CMS Energy Price Performance

NYSE CMS opened at $63.20 on Friday. The stock has a 50-day simple moving average of $68.74 and a 200 day simple moving average of $72.95. CMS Energy has a twelve month low of $62.28 and a twelve month high of $80.36. The stock has a market capitalization of $19.82 billion, a PE ratio of 18.98, a P/E/G ratio of 2.32 and a beta of 0.34. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.67 and a current ratio of 0.94.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the previous year, the business posted $0.71 EPS. The company’s revenue for the quarter was down .5% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Research analysts anticipate that CMS Energy will post 3.87 EPS for the current year.

CMS Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 7th were paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Friday, August 7th. CMS Energy’s dividend payout ratio is presently 68.47%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Capital Innovations LLC acquired a new stake in shares of CMS Energy during the 4th quarter valued at about $1,652,000. Assenagon Asset Management S.A. lifted its holdings in shares of CMS Energy by 10,463.3% during the second quarter. Assenagon Asset Management S.A. now owns 518,237 shares of the utilities provider’s stock valued at $39,645,000 after acquiring an additional 513,331 shares during the period. Vaughan Nelson Investment Management L.P. lifted its holdings in shares of CMS Energy by 28.6% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 1,023,324 shares of the utilities provider’s stock valued at $79,389,000 after acquiring an additional 227,795 shares during the period. ING Groep NV boosted its stake in shares of CMS Energy by 97.7% in the 4th quarter. ING Groep NV now owns 1,263,429 shares of the utilities provider’s stock valued at $88,352,000 after purchasing an additional 624,232 shares in the last quarter. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of CMS Energy in the 2nd quarter valued at $2,106,000. 93.57% of the stock is owned by institutional investors.

CMS Energy Company Profile

CMS Energy Corporation (NYSE: CMS) is an energy company headquartered in Jackson, Michigan. Through its principal subsidiary, Consumers Energy, the company provides electric and natural gas utility services to residential, commercial and industrial customers across Michigan.

Consumers Energy operates and maintains an integrated energy system that includes electric generation, transmission and distribution infrastructure, as well as natural gas storage, transportation and distribution assets.