CMS Energy Corporation (NYSE:CMS) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Analyst sentiment is moderately bullish: CMS Energy has a consensus “Moderate Buy” rating from 13 analysts, with seven buys and six holds. The average 12-month price target is approximately $81.69, versus a reported share price of $68.16.
• Quarterly earnings slightly exceeded expectations: CMS Energy reported adjusted EPS of $0.37, ahead of the $0.36 consensus, while revenue of $1.83 billion fell short of the $1.87 billion estimate and declined 0.5% year over year.
• The company maintains an income-focused profile: CMS Energy declared a quarterly dividend of $0.57 per share, equivalent to $2.28 annually and a 3.3% yield. Institutional investors own 93.57% of the stock.

CMS Energy Corporation (NYSE:CMS - Get Free Report) has been assigned an average rating of "Moderate Buy" from the thirteen analysts that are currently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $81.6923.

A number of research analysts have recently weighed in on the company. BMO Capital Markets raised their target price on CMS Energy from $81.00 to $86.00 and gave the company an "outperform" rating in a report on Monday, July 20th. JPMorgan Chase & Co. increased their price target on CMS Energy from $82.00 to $85.00 and gave the company an "overweight" rating in a research report on Thursday, July 16th. Jefferies Financial Group set a $78.00 price objective on CMS Energy in a research note on Thursday, July 16th. Argus reaffirmed a "buy" rating and set a $80.00 price objective on shares of CMS Energy in a report on Wednesday, August 26th. Finally, Morgan Stanley cut their price objective on shares of CMS Energy from $80.00 to $79.00 and set an "equal weight" rating on the stock in a report on Friday, August 21st.

CMS Energy Trading Down 0.1%

NYSE:CMS opened at $68.16 on Tuesday. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.67. CMS Energy has a one year low of $67.47 and a one year high of $80.36. The company has a market cap of $21.37 billion, a PE ratio of 20.47, a PEG ratio of 2.47 and a beta of 0.35. The firm has a 50-day moving average of $73.04 and a 200-day moving average of $74.61.

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

CMS Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be issued a dividend of $0.57 per share. The ex-dividend date is Friday, August 7th. This represents a $2.28 annualized dividend and a yield of 3.3%. CMS Energy's payout ratio is 68.47%.

Institutional Investors Weigh In On CMS Energy

A number of institutional investors have recently added to or reduced their stakes in CMS. Quadrant Capital Group LLC boosted its stake in shares of CMS Energy by 3.3% in the 4th quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider's stock worth $298,000 after buying an additional 137 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in CMS Energy by 1.5% during the fourth quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider's stock worth $662,000 after acquiring an additional 143 shares during the period. Florida Financial Advisors LLC lifted its holdings in CMS Energy by 4.9% during the fourth quarter. Florida Financial Advisors LLC now owns 3,174 shares of the utilities provider's stock worth $220,000 after acquiring an additional 149 shares during the period. Cim LLC boosted its position in CMS Energy by 0.8% in the third quarter. Cim LLC now owns 19,038 shares of the utilities provider's stock worth $1,395,000 after purchasing an additional 152 shares during the last quarter. Finally, Norinchukin Bank The grew its stake in CMS Energy by 0.9% in the 3rd quarter. Norinchukin Bank The now owns 18,258 shares of the utilities provider's stock valued at $1,338,000 after purchasing an additional 156 shares during the period. 93.57% of the stock is owned by institutional investors.

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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