BMO Capital Markets Forecasts Strong Price Appreciation for CMS Energy (NYSE:CMS) Stock

Key Points

• BMO Capital Markets raised its price target on CMS Energy from $80 to $86 and kept an "outperform" rating, implying roughly a 10.3% potential upside
• CMS Energy beat Q4 estimates with EPS of $0.95 and revenue of $2.23B (revenue +12.3% YoY) and set FY2026 guidance of 3.83–3.90 EPS, while analysts expect ~3.59 EPS for the current year; the stock traded around $77.97 with a P/E of 22.07.
• Insiders have been net sellers recently—20,664 shares (~$1.58M) sold in the past 90 days—owning just 0.50% of the company, while institutional investors hold about 93.57% of the stock.

CMS Energy (NYSE:CMS - Get Free Report) had its price objective lifted by BMO Capital Markets from $80.00 to $86.00 in a research note issued on Monday,Benzinga reports. The brokerage currently has an "outperform" rating on the utilities provider's stock. BMO Capital Markets' price objective indicates a potential upside of 10.30% from the stock's current price.

A number of other research firms have also recently weighed in on CMS. Jefferies Financial Group lifted their price target on CMS Energy from $79.00 to $81.00 and gave the company a "buy" rating in a report on Wednesday, January 28th. KeyCorp lifted their price objective on shares of CMS Energy from $79.00 to $83.00 and gave the stock an "overweight" rating in a research report on Monday, March 2nd. Morgan Stanley set a $80.00 price objective on shares of CMS Energy in a research report on Friday, February 20th. Wells Fargo & Company lowered their price objective 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. Finally, UBS Group reissued a "neutral" rating on shares of CMS Energy in a research note on Friday, February 6th. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $80.00.

CMS Energy Stock Down 1.8%

NYSE:CMS traded down $1.41 during mid-day trading on Monday, reaching $77.97. The stock had a trading volume of 435,328 shares, compared to its average volume of 3,027,158. The company has a market capitalization of $24.01 billion, a price-to-earnings ratio of 22.07, a price-to-earnings-growth ratio of 2.81 and a beta of 0.43. CMS Energy has a 1-year low of $67.71 and a 1-year high of $80.36. The stock's 50 day simple moving average is $76.36 and its two-hundred day simple moving average is $73.69. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.98 and a quick ratio of 0.76.

CMS Energy (NYSE:CMS - Get Free Report) last issued its earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.94 by $0.01. The firm had revenue of $2.23 billion for the quarter, compared to analysts' expectations of $2.13 billion. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. CMS Energy's revenue was up 12.3% on a year-over-year basis. During the same quarter last year, the company posted $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Equities analysts anticipate that CMS Energy will post 3.59 EPS for the current year.

Insider Activity

In other CMS Energy news, CAO Scott B. Mcintosh sold 1,750 shares of the business's stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $78.20, for a total transaction of $136,850.00. Following the completion of the transaction, the chief accounting officer owned 24,223 shares of the company's stock, valued at $1,894,238.60. The trade was a 6.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the business's stock in a transaction on Friday, February 27th. The stock was sold at an average price of $78.23, for a total transaction of $312,920.00. Following the transaction, the senior vice president directly owned 70,670 shares of the company's stock, valued at approximately $5,528,514.10. This represents a 5.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 20,664 shares of company stock worth $1,579,506 in the last 90 days. Insiders own 0.50% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CMS. Hsbc Holdings PLC raised its position in shares of CMS Energy by 42.7% during the fourth quarter. Hsbc Holdings PLC now owns 729,009 shares of the utilities provider's stock valued at $51,031,000 after buying an additional 218,168 shares during the last quarter. Corient Private Wealth LLC grew its stake in CMS Energy by 7.2% during the fourth quarter. Corient Private Wealth LLC now owns 58,116 shares of the utilities provider's stock worth $4,066,000 after buying an additional 3,881 shares during the last quarter. Rehmann Capital Advisory Group bought a new stake in CMS Energy during the fourth quarter worth about $330,000. Caitong International Asset Management Co. Ltd grew its stake in CMS Energy by 525.5% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,922 shares of the utilities provider's stock worth $274,000 after buying an additional 3,295 shares during the last quarter. Finally, Tobam grew its stake in CMS Energy by 1,029.3% during the fourth quarter. Tobam now owns 11,248 shares of the utilities provider's stock worth $787,000 after buying an additional 10,252 shares during the last quarter. 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.

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