CMS Energy Stock Earnings Estimates Increased by KeyCorp

Key Points

• KeyCorp raised its Q3 2026 EPS estimate for CMS Energy to $1.32 from $1.16 and forecast Q4 2026 EPS of $1.05. The firm maintained a “Sector Weight” rating, while full-year consensus EPS stands at $3.87.
• Analyst sentiment remains generally positive, with CMS Energy carrying a “Moderate Buy” consensus rating and an average price target of $78.94. Recent targets range from $73 to $85.
• CMS Energy’s stock opened at $66.78, while the company recently reported $0.37 quarterly EPS, slightly ahead of estimates, and maintains a 3.4% dividend yield based on its $0.57 quarterly payout.

CMS Energy Corporation (NYSE:CMS - Free Report) - Analysts at KeyCorp upped their Q3 2026 earnings estimates for CMS Energy in a research report issued on Monday, October 12th. KeyCorp analyst S. Karp now anticipates that the utilities provider will post earnings of $1.32 per share for the quarter, up from their prior estimate of $1.16. KeyCorp currently has a "Sector Weight" rating on the stock. The consensus estimate for CMS Energy's current full-year earnings is $3.87 per share. KeyCorp also issued estimates for CMS Energy's Q4 2026 earnings at $1.05 EPS.

Several other analysts have also recently issued reports on the stock. JPMorgan Chase & Co. upped their price target on shares of CMS Energy from $82.00 to $85.00 and gave the company an "overweight" rating in a report on Thursday, July 16th. Royal Bank Of Canada set a $73.00 price objective on shares of CMS Energy in a report on Tuesday, October 6th. Morgan Stanley dropped their target price on shares of CMS Energy from $79.00 to $77.00 and set an "equal weight" rating for the company in a research report on Friday, September 18th. Wall Street Zen upgraded shares of CMS Energy from a "strong sell" rating to a "sell" rating in a research note on Sunday, July 5th. Finally, Capital One Financial set a $73.00 price target on shares of CMS Energy in a research report on Tuesday, October 6th. Seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $78.94.

CMS Energy Stock Up 0.7%

CMS stock opened at $66.78 on Thursday. CMS Energy has a twelve month low of $62.28 and a twelve month high of $80.36. 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 company has a market capitalization of $20.94 billion, a P/E ratio of 20.05, a PEG ratio of 2.42 and a beta of 0.32. The firm has a 50 day simple moving average of $67.13 and a 200-day simple moving average of $72.15.

CMS Energy (NYSE:CMS - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 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 previous year, the business posted $0.71 EPS. The firm'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.

CMS Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th were issued a $0.57 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $2.28 dividend on an annualized basis and a yield of 3.4%. CMS Energy's dividend payout ratio (DPR) is currently 68.47%.

Hedge Funds Weigh In On CMS Energy

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Nvwm LLC increased its holdings in shares of CMS Energy by 147,210.0% during the third quarter. Nvwm LLC now owns 14,731 shares of the utilities provider's stock valued at $929,000 after purchasing an additional 14,721 shares during the period. Mather Group LLC. raised its stake in shares of CMS Energy by 12.5% during the third quarter. Mather Group LLC. now owns 20,409 shares of the utilities provider's stock valued at $1,287,000 after purchasing an additional 2,267 shares in the last quarter. First Pacific Financial lifted its holdings in CMS Energy by 14,974.7% in the third quarter. First Pacific Financial now owns 25,627 shares of the utilities provider's stock worth $1,617,000 after purchasing an additional 25,457 shares during the period. Krilogy Financial LLC acquired a new stake in CMS Energy in the third quarter worth about $1,005,000. Finally, NorthCrest Asset Manangement LLC grew its position in CMS Energy by 395.5% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 13,447 shares of the utilities provider's stock valued at $848,000 after buying an additional 10,733 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

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.

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