CMS Energy Corporation (NYSE:CMS) Stock Has Consensus Target Price of $80.54 According to Analysts

CMS Energy Corporation (NYSE:CMS) has received a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are currently covering the company, MarketBeat reports. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $80.54.

A number of analysts have recently weighed in on CMS shares. BMO Capital Markets lowered their price target on shares of CMS Energy from $82.00 to $77.00 and set an “outperform” rating on the stock in a report on Tuesday, September 8th. Barclays increased their target price on shares of CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. UBS Group restated a “neutral” rating and issued a $84.00 target price on shares of CMS Energy in a research note on Wednesday, July 29th. Jefferies Financial Group cut their price target on shares of CMS Energy from $78.00 to $74.00 and set a “hold” rating on the stock in a report on Tuesday, September 15th. Finally, Argus reaffirmed a “buy” rating and set a $80.00 price target on shares of CMS Energy in a research report on Wednesday, August 26th.

CMS Energy Stock Performance

Shares of CMS stock opened at $62.61 on Friday. The firm has a market cap of $19.63 billion, a price-to-earnings ratio of 18.80, a PEG ratio of 2.30 and a beta of 0.34. CMS Energy has a 52-week low of $62.38 and a 52-week high of $80.36. The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 1.81. The company’s 50 day moving average is $69.13 and its 200 day moving average is $73.14.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The firm had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.87 billion. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The firm’s quarterly revenue was down .5% on a year-over-year basis. During the same period in the prior year, the business posted $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. On average, sell-side analysts anticipate that CMS Energy will post 3.87 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 7th were given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Friday, August 7th. CMS Energy’s dividend payout ratio (DPR) is presently 68.47%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CMS. QRG Capital Management Inc. increased its position in shares of CMS Energy by 9.6% in the 2nd quarter. QRG Capital Management Inc. now owns 5,492 shares of the utilities provider’s stock valued at $420,000 after acquiring an additional 482 shares during the period. Sequoia Financial Advisors LLC raised its stake in CMS Energy by 70.3% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 25,801 shares of the utilities provider’s stock worth $1,974,000 after acquiring an additional 10,648 shares during the last quarter. National Pension Service lifted its position in CMS Energy by 69.3% during the 2nd quarter. National Pension Service now owns 42,256 shares of the utilities provider’s stock worth $3,233,000 after acquiring an additional 17,290 shares during the period. Cidel Asset Management Inc. lifted its position in CMS Energy by 1.9% during the 2nd quarter. Cidel Asset Management Inc. now owns 405,656 shares of the utilities provider’s stock worth $31,033,000 after acquiring an additional 7,524 shares during the period. Finally, Integrated Wealth Concepts LLC grew its stake in CMS Energy by 88.5% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 11,164 shares of the utilities provider’s stock valued at $854,000 after purchasing an additional 5,240 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

CMS Energy Company Profile

CMS Energy Corporation (NYSE:CMS) is an energy company headquartered in Jackson, Michigan. Its principal subsidiary, Consumers Energy, is a regulated utility that provides electric and natural gas service to residential, commercial and industrial customers throughout Michigan.

Consumers Energy operates and maintains a diverse energy infrastructure that includes electric generation, transmission and distribution systems, as well as natural gas storage and distribution networks. The company is also investing in renewable energy and other technologies intended to support a cleaner and more reliable energy system, while continuing to serve customers across Michigan’s Lower Peninsula.

CMS Energy traces its history to the Consumers Power Company, which was founded in 1886.