CMS Energy Stock (CMS:NYE) Analysis:
Last Closing Price: $59.93
Consensus Analyst Rating: Buy
12-Month Price Target: $64.00
Market CAP: $17.57 Billion
The consensus rating for CMS Energy Stock (CMS:NYE) is Buy. In research issued on Monday, December 5th, analysts at Seaport Res Ptn lowered their FY2025 earnings per share (EPS) expectations for CMS Energy stock.
A. Storozynski, an analyst at Seaport Res Ptn, now thinks that the utility provider will report annual earnings of $3.64 per share, down from $3.65.
The shares of Seaport Res Ptn carry a “Buy” rating. The current average estimate for CMS Energy’s full-year earnings per share is $2.89.
Analyst Ratings:
Several additional brokerages have lately remarked on CMS. CMS Energy was first covered by StockNews.com in a research report published on October 12th. They assigned the CMS Energy stock a “hold” rating.
In a research report dated Friday, October 21st, Mizuho dropped its target price on CMS Energy stock from $73.00 to $59.00 and issued a “buy” rating.
Tuesday, October 18th, TheStreet reduced CMS Energy from a “b-” rating to a “c+” rating in a research note.
In a report dated November 11th, Morgan Stanley increased its price target for CMS Energy from $55.00 to $60.00 and assigned the stock an “equal weight” rating.
In a report released on Wednesday, October 19th, Wells Fargo & Company lowered their price target on CMS stock from $80.00 to $68.00 and assigned the stock an “overweight” rating.
Based on the data from Stock Target Advisor, 6 analysts have assigned a “Hold” rating to the CMS stock, while 6 have issued a “Buy” rating. The business currently has an average rating of “Moderate Buy” and an average price target of $66.67.
CMS Energy Stock Performance:
On Tuesday, shares of CMS stock opened at $59.93. The quick ratio is 0.69, the current ratio is 1.22, and the debt-to-equity ratio is 1.75 for this organization.
The company’s 50-day moving average is $57.93 and its 100-day moving average is $64.21. The 52-week low for CMS Energy is $52.41 and the 52-week high is $73.76.
The firm’s market capitalization is $17.39 billion, its P/E ratio is 13.41, its PEG ratio is 2.61, and its beta is 0.34.
CMS Stock Dividend:
Additionally, the company just announced a quarterly dividend, which was paid on November 30. A $0.46 dividend per share was distributed to shareholders of record on November 4.
The ex-dividend date was November 3rd, Thursday. This equals a yearly dividend of $1.84 and a dividend yield of 3.07%. The payout ratio for CMS Energy is 41.16%.
Insider Purchases and Sales:
In related news, chief operating officer Scott B. Mcintosh sold 875 shares of the company’s stock on Monday, October 31. At an average price of $57.17 per share, the stock was sold for a total of $50,023.75. The chief accounting officer now owns 22,907 shares of company stock worth $1,309,593.19.
Additionally, SVP Shaun M. Johnson sold 420 shares of the business’s stock on Monday, November 28. At an average price of $60.80 per share, the shares were sold for a total of $25,536.00. The senior vice president now directly owns 44,425 shares in the company, valued at approximately $2,701,040, following the completion of the transaction.
0.40% of the CMS Energy stock shares are owned by corporate insiders.
Institutional Investors’ Holdings:
A number of institutional investors have lately adjusted their CMS Energy stock holdings. In the first quarter, Advisor Group Holdings Inc. grew its holdings in CMS stock shares by 23.7%.
Advisor Group Holdings Inc. now holds 49,582 shares of the utilities provider’s stock worth $2,948,000 after acquiring an additional 9,514 shares in the preceding quarter.
In the first quarter, KBC Group NV boosted its holdings in CMS Energy by 8.1%. KBC Group NV now holds 19,943 shares of the utilities provider’s stock valued at $1,395,000 after acquiring an additional 1,488 shares in the preceding quarter.
During the first quarter, Los Angeles Capital Management LLC acquired a new position in CMS Energy for about $5,816,000. During the first quarter, Qube Research & Technologies Ltd increased its position in CMS Energy by 1,019.8%.
Qube Research & Technologies Ltd now owns 106,449 shares of the CMS Energy stock valued at $7,445,000 after acquiring an additional 96,940 shares in the preceding quarter.
During the first quarter, Regal Investment Advisors LLC acquired a new investment in CMS Energy for roughly $207,000. 92.62% of the company’s stock is held by institutional investors.
About CMS Energy Corporation (CMS:NYE):
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.
Its distribution system comprises 208 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,428 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 82,474 miles of electric distribution overhead lines; 9,395 miles of underground distribution lines; 1,093 substations; and 3 battery facilities.
The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,392 miles of transmission lines; 15 gas storage fields; 28,065 miles of distribution mains; and 8 compressor stations.
The Enterprises segment is involved in the independent power production and marketing, including the development and operation of renewable generation. It serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers.
The company was incorporated in 1987 and is headquartered in Jackson, Michigan.
