CMS Energy (CMS) Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CMS Energy in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CMS shares.
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10 brokerages have issued 12-month price objectives for CMS Energy's shares. Their CMS share price forecasts range from $58.00 to $73.00. On average, they predict the company's stock price to reach $63.91 in the next year. This suggests a possible upside of 20.3% from the stock's current price.
View analysts price targets for CMS or view top-rated stocks among Wall Street analysts.

CMS Energy's stock was trading at $63.33 on January 1st, 2023. Since then, CMS shares have decreased by 16.1% and is now trading at $53.11.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our CMS earnings forecast.

CMS Energy Co. (NYSE:CMS) announced its quarterly earnings data on Thursday, July, 27th. The utilities provider reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.06. The utilities provider had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $2.04 billion. CMS Energy had a trailing twelve-month return on equity of 10.38% and a net margin of 9.07%. The company's revenue for the quarter was down 19.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.53 earnings per share.
Read the conference call transcript.

CMS Energy declared a quarterly dividend on Friday, July 21st. Investors of record on Friday, August 4th will be given a dividend of $0.4875 per share on Thursday, August 31st. This represents a $1.95 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date is Thursday, August 3rd.
Read our dividend analysis for CMS.

ETFs with the largest weight of CMS Energy (NYSE:CMS) stock in their portfolio include Virtus Reaves Utilities ETF (UTES), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Invesco Dorsey Wright Utilities Momentum ETF (PUI), First Trust EIP Carbon Impact ETF (ECLN), Natixis Vaughan Nelson Mid Cap ETF (VNMC), Goldman Sachs Future Real Estate and Infrastructure Equity ETF (GREI) and Utilities Select Sector SPDR Fund (XLU).

CMS Energy (NYSE:CMS) pays an annual dividend of $1.95 per share and currently has a dividend yield of 3.70%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 78.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CMS will have a dividend payout ratio of 58.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CMS.

CMS Energy updated its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $3.06-$3.12 for the period, compared to the consensus EPS estimate of $3.10. The company issued revenue guidance of -.

5 employees have rated CMS Energy Chief Executive Officer John G. Russell on Glassdoor.com. John G. Russell has an approval rating of 60% among the company's employees. This puts John G. Russell in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other CMS Energy investors own include AT&T (T), Intel (INTC), Pfizer (PFE), AbbVie (ABBV), Comcast (CMCSA), Cisco Systems (CSCO), Dominion Energy (D), Procter & Gamble (PG), Verizon Communications (VZ) and Boeing (BA).

CMS Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMS."

Shares of CMS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CMS stock can currently be purchased for approximately $53.11.

CMS Energy (NYSE:CMS) has a market capitalization of $15.49 billion and generates $8.14 billion in revenue each year. The utilities provider earns $837 million in net income (profit) each year or $2.50 on an earnings per share basis.

The company employs 9,073 workers across the globe.

CMS Energy's mailing address is ONE ENERGY PLAZA, JACKSON MI, 49201. The official website for the company is www.cmsenergy.com. The utilities provider can be reached via phone at (517) 788-0550, via email at travis.uphaus@cmsenergy.com, or via fax at 517-788-1859.