Zacks Research Estimates CMS Energy's Q1 Earnings (NYSE:CMS)

Key Points

• Zacks Research has revised down its Q1 2027 EPS estimate for CMS Energy to $1.12, slightly below the previous estimate of $1.13, while the full-year earnings consensus is $3.59 per share.
• CMS Energy's stock rating is a Moderate Buy, with eight analysts recommending a Buy and an average target price of $77.25.
• The company declared a quarterly dividend of $0.5425 per share, reflecting an annualized yield of 3.1% and a current dividend payout ratio of 64.20%.

CMS Energy Corporation (NYSE:CMS - Free Report) - Zacks Research dropped their Q1 2027 earnings per share (EPS) estimates for CMS Energy in a note issued to investors on Monday, September 8th. Zacks Research analyst Team now forecasts that the utilities provider will post earnings of $1.12 per share for the quarter, down from their prior forecast of $1.13. The consensus estimate for CMS Energy's current full-year earnings is $3.59 per share.

CMS Energy (NYSE:CMS - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The utilities provider reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.04. CMS Energy had a return on equity of 12.07% and a net margin of 12.76%.The company had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter in the prior year, the company earned $0.66 EPS. The firm's quarterly revenue was up 14.4% compared to the same quarter last year. CMS Energy has set its FY 2025 guidance at 3.540-3.600 EPS.

CMS has been the subject of a number of other research reports. Barclays raised their target price on CMS Energy from $77.00 to $78.00 and gave the company an "overweight" rating in a research note on Tuesday, July 22nd. Wolfe Research reaffirmed a "peer perform" rating on shares of CMS Energy in a report on Monday, July 7th. Morgan Stanley reissued an "outperform" rating on shares of CMS Energy in a report on Thursday, August 21st. Finally, Wall Street Zen lowered CMS Energy from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, CMS Energy has an average rating of "Moderate Buy" and an average price target of $77.25.

CMS Energy Price Performance

Shares of NYSE CMS traded down $0.03 during trading hours on Wednesday, reaching $71.65. 1,911,124 shares of the stock traded hands, compared to its average volume of 1,833,979. The company's 50-day simple moving average is $72.09 and its two-hundred day simple moving average is $71.79. The company has a quick ratio of 0.77, a current ratio of 1.00 and a debt-to-equity ratio of 1.93. CMS Energy has a 52-week low of $63.97 and a 52-week high of $76.45. The company has a market capitalization of $21.45 billion, a P/E ratio of 21.20, a price-to-earnings-growth ratio of 2.66 and a beta of 0.39.

CMS Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 8th were issued a $0.5425 dividend. This represents a $2.17 annualized dividend and a yield of 3.0%. The ex-dividend date was Friday, August 8th. CMS Energy's payout ratio is presently 64.20%.

Insider Activity

In other news, SVP Brandon J. Hofmeister sold 2,000 shares of the business's stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $73.62, for a total transaction of $147,240.00. Following the transaction, the senior vice president directly owned 68,036 shares in the company, valued at $5,008,810.32. The trade was a 2.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Lauren Y. Snyder sold 2,220 shares of CMS Energy stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $71.26, for a total transaction of $158,197.20. Following the sale, the senior vice president directly owned 13,512 shares in the company, valued at approximately $962,865.12. The trade was a 14.11% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.40% of the company's stock.

Hedge Funds Weigh In On CMS Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in CMS. AlphaQuest LLC boosted its holdings in CMS Energy by 285.5% in the 1st quarter. AlphaQuest LLC now owns 451 shares of the utilities provider's stock valued at $34,000 after purchasing an additional 334 shares in the last quarter. Trust Co. of Vermont grew its stake in shares of CMS Energy by 127.7% during the 2nd quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider's stock valued at $37,000 after buying an additional 300 shares during the period. Tobam boosted its position in CMS Energy by 35.0% during the 2nd quarter. Tobam now owns 559 shares of the utilities provider's stock worth $39,000 after purchasing an additional 145 shares during the period. WPG Advisers LLC purchased a new stake in CMS Energy during the 1st quarter worth $47,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in CMS Energy during the 2nd quarter worth $53,000. Hedge funds and other institutional investors own 93.57% of the company's stock.

About CMS Energy

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.