CMS Energy - CMS Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CMS Energy in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CMS shares.
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9 Wall Street analysts have issued 12 month price targets for CMS Energy's stock. Their CMS share price forecasts range from $57.00 to $78.00. On average, they predict the company's share price to reach $66.80 in the next year. This suggests a possible upside of 10.5% from the stock's current price.
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CMS Energy's stock was trading at $63.33 at the beginning of the year. Since then, CMS stock has decreased by 4.6% and is now trading at $60.43.
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CMS Energy saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 6,780,000 shares, an increase of 16.7% from the February 13th total of 5,810,000 shares. Based on an average trading volume of 1,810,000 shares, the days-to-cover ratio is presently 3.7 days.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our CMS earnings forecast.

CMS Energy Co. (NYSE:CMS) released its quarterly earnings results on Thursday, February, 2nd. The utilities provider reported $0.60 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.60. The utilities provider earned $2.28 billion during the quarter, compared to the consensus estimate of $2.05 billion. CMS Energy had a trailing twelve-month return on equity of 11.57% and a net margin of 9.74%. The company's revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.47 earnings per share.
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CMS Energy declared a quarterly dividend on Thursday, February 2nd. Stockholders of record on Monday, February 13th will be given a dividend of $0.4875 per share on Tuesday, February 28th. This represents a $1.95 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date is Friday, February 10th. This is a boost from the stock's previous quarterly dividend of $0.46.
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 DWA Utilities Momentum ETF (PUI), Goldman Sachs Future Real Estate and Infrastructure Equity ETF (GREI), Strategas Macro Thematic Opportunities ETF (SAMT), JPMorgan Sustainable Infrastructure ETF (BLLD), BNY Mellon Sustainable US Equity ETF (BKUS) 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 3.36%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 68.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CMS will have a dividend payout ratio of 58.04% 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 FY23 earnings guidance on Thursday, February, 2nd. The company provided earnings per share guidance of $3.06-$3.12 for the period, compared to the consensus EPS estimate of $3.10.

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."

CMS Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (6.51%), Geode Capital Management LLC (2.12%), Wells Fargo & Company MN (2.05%), Price T Rowe Associates Inc. MD (1.69%), Morgan Stanley (1.54%) and Franklin Resources Inc. (1.34%). Insiders that own company stock include Brandon J Hofmeister, Brian F Rich, Catherine A Hendrian, Dhenuvakonda Rao Venkat, Glenn P Barba, Jean-Francois Brossoit, John G Russell, Jon E Barfield, Scott B Mcintosh and Shaun M Johnson.
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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 $60.43.

CMS Energy (NYSE:CMS) has a market capitalization of $17.62 billion and generates $8.60 billion in revenue each year. The utilities provider earns $837 million in net income (profit) each year or $2.85 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.