CMS Energy (NYSE:CMS) Releases Earnings Results, Beats Expectations By $0.01 EPS

CMS Energy (NYSE:CMS - Get Free Report) announced its earnings results on Thursday. The utilities provider reported $0.87 earnings per share for the quarter, topping analysts' consensus estimates of $0.86 by $0.01, Zacks reports. CMS Energy had a return on equity of 12.02% and a net margin of 13.35%. CMS Energy updated its FY 2025 guidance to 3.540-3.600 EPS.

CMS Energy Stock Up 0.6 %

Shares of CMS stock traded up $0.44 during trading hours on Monday, reaching $69.14. The company had a trading volume of 2,224,695 shares, compared to its average volume of 2,234,784. CMS Energy has a twelve month low of $55.10 and a twelve month high of $72.40. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.83 and a current ratio of 1.23. The company has a market capitalization of $20.66 billion, a P/E ratio of 20.83, a price-to-earnings-growth ratio of 2.48 and a beta of 0.42. The stock's fifty day simple moving average is $66.77 and its 200 day simple moving average is $67.93.

CMS Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Monday, February 17th will be issued a $0.5425 dividend. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date is Friday, February 14th. This is a positive change from CMS Energy's previous quarterly dividend of $0.52. CMS Energy's dividend payout ratio (DPR) is 62.05%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CMS. BMO Capital Markets cut their price target on shares of CMS Energy from $77.00 to $76.00 and set an "outperform" rating on the stock in a report on Friday, November 1st. Morgan Stanley lowered their target price on shares of CMS Energy from $69.00 to $67.00 and set an "equal weight" rating on the stock in a research note on Friday, November 22nd. Jefferies Financial Group began coverage on shares of CMS Energy in a research report on Tuesday, November 5th. They set a "buy" rating and a $76.00 price target for the company. Wells Fargo & Company lifted their price target on shares of CMS Energy from $70.00 to $77.00 and gave the company an "overweight" rating in a report on Wednesday, October 16th. Finally, StockNews.com raised shares of CMS Energy from a "sell" rating to a "hold" rating in a report on Wednesday, February 5th. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $71.15.

Insider Buying and Selling at CMS Energy

In related news, CAO Scott B. Mcintosh sold 936 shares of the firm's stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $68.50, for a total value of $64,116.00. Following the transaction, the chief accounting officer now directly owns 24,417 shares in the company, valued at approximately $1,672,564.50. This trade represents a 3.69 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Brandon J. Hofmeister sold 2,000 shares of the stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $68.17, for a total value of $136,340.00. Following the completion of the sale, the senior vice president now directly owns 64,771 shares of the company's stock, valued at $4,415,439.07. This represents a 3.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 33,686 shares of company stock worth $2,228,084 in the last ninety days. 0.40% of the stock is owned by insiders.

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.