CMS Energy (NYSE:CMS) Issues FY 2025 Earnings Guidance

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CMS Energy (NYSE:CMS - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.540-3.600 for the period, compared to the consensus estimate of 3.586. The company issued revenue guidance of -.

CMS Energy Stock Up 0.4%

Shares of CMS stock traded up $0.30 during trading hours on Friday, reaching $74.10. 2,926,292 shares of the company's stock were exchanged, compared to its average volume of 2,007,880. The stock's 50 day moving average is $70.47 and its 200-day moving average is $70.96. The company has a market cap of $22.16 billion, a price-to-earnings ratio of 21.92, a P/E/G ratio of 2.75 and a beta of 0.36. The company has a current ratio of 1.54, a quick ratio of 0.84 and a debt-to-equity ratio of 2.06. CMS Energy has a fifty-two week low of $63.97 and a fifty-two week high of $76.45.

CMS Energy (NYSE:CMS - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The utilities provider reported $0.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.04. CMS Energy had a return on equity of 12.07% and a net margin of 12.76%. The business had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.68 billion. During the same period in the prior year, the firm posted $0.66 earnings per share. The business's quarterly revenue was up 14.4% on a year-over-year basis. Analysts predict that CMS Energy will post 3.59 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 8th will be paid a dividend of $0.5425 per share. This represents a $2.17 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, August 8th. CMS Energy's dividend payout ratio is presently 64.20%.

Wall Street Analysts Forecast Growth

CMS has been the topic of several recent analyst reports. Wall Street Zen lowered shares of CMS Energy from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. BMO Capital Markets raised their price target on shares of CMS Energy from $77.00 to $79.00 and gave the company an "outperform" rating in a research note on Tuesday, April 29th. Barclays increased their price objective on shares of CMS Energy from $77.00 to $78.00 and gave the company an "overweight" rating in a report on Tuesday, July 22nd. Scotiabank reiterated an "outperform" rating and issued a $81.00 price objective (up previously from $77.00) on shares of CMS Energy in a report on Friday, April 25th. Finally, Wells Fargo & Company increased their price objective on shares of CMS Energy from $78.00 to $82.00 and gave the company an "overweight" rating in a report on Friday, April 25th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, CMS Energy presently has a consensus rating of "Hold" and a consensus price target of $77.25.

Insider Buying and Selling

In other CMS Energy news, SVP Brandon J. Hofmeister sold 2,198 shares of the firm's stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $73.61, for a total value of $161,794.78. Following the completion of the transaction, the senior vice president owned 69,571 shares of the company's stock, valued at $5,121,121.31. This trade represents a 3.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On CMS Energy

Several institutional investors have recently modified their holdings of CMS. Woodline Partners LP grew its position in shares of 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 purchasing an additional 7,300 shares during the last quarter. Bison Wealth LLC acquired a new stake in shares of CMS Energy in the fourth quarter valued at approximately $312,000. Integrated Wealth Concepts LLC purchased a new position in shares of CMS Energy during the first quarter valued at approximately $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of CMS Energy by 10.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider's stock valued at $2,602,000 after buying an additional 3,367 shares during the period. Finally, Empowered Funds LLC lifted its stake in shares of CMS Energy by 22.0% during the first quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider's stock valued at $510,000 after buying an additional 1,226 shares during the period. 93.57% of the stock is owned by hedge funds and other institutional investors.

CMS Energy Company Profile

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.