FY2025 Earnings Estimate for CMS Energy Issued By Scotiabank

CMS Energy Co. (NYSE:CMS - Free Report) - Equities researchers at Scotiabank lowered their FY2025 EPS estimates for CMS Energy in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst A. Weisel now forecasts that the utilities provider will post earnings per share of $3.60 for the year, down from their previous estimate of $3.62. Scotiabank currently has a "Sector Outperform" rating and a $77.00 target price on the stock. The consensus estimate for CMS Energy's current full-year earnings is $3.33 per share. Scotiabank also issued estimates for CMS Energy's FY2026 earnings at $3.90 EPS.

Other equities research analysts have also recently issued reports about the stock. BMO Capital Markets decreased their price objective on shares of CMS Energy from $77.00 to $76.00 and set an "outperform" rating for the company in a research report on Friday, November 1st. Mizuho lowered shares of CMS Energy from an "outperform" rating to a "neutral" rating and lowered their target price for the stock from $76.00 to $72.00 in a report on Tuesday, October 15th. Barclays upped their target price on shares of CMS Energy from $65.00 to $68.00 and gave the stock an "equal weight" rating in a research note on Tuesday, October 15th. KeyCorp boosted their price objective on CMS Energy from $73.00 to $76.00 and gave the stock an "overweight" rating in a research report on Monday, September 30th. Finally, Wells Fargo & Company lifted their price target on shares of CMS Energy from $70.00 to $77.00 and gave the stock an "overweight" rating in a report on Wednesday, October 16th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $70.36.

CMS Energy Trading Down 1.8 %

Shares of NYSE CMS traded down $1.20 during trading on Friday, reaching $65.10. The company had a trading volume of 2,559,600 shares, compared to its average volume of 1,506,167. The stock has a market cap of $19.45 billion, a P/E ratio of 18.60, a PEG ratio of 2.66 and a beta of 0.42. The company's fifty day moving average price is $67.61 and its 200-day moving average price is $66.87. The company has a quick ratio of 0.83, a current ratio of 1.23 and a debt-to-equity ratio of 1.86. CMS Energy has a 12 month low of $55.10 and a 12 month high of $72.40.

CMS Energy (NYSE:CMS - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The utilities provider reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.78 by $0.06. The firm had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.88 billion. CMS Energy had a return on equity of 12.81% and a net margin of 14.01%. The business's revenue for the quarter was up 4.2% on a year-over-year basis. During the same period last year, the firm posted $0.61 earnings per share.

CMS Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were paid a $0.515 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $2.06 annualized dividend and a yield of 3.16%. This is a positive change from CMS Energy's previous quarterly dividend of $0.51. CMS Energy's dividend payout ratio is currently 58.86%.

Insider Activity at CMS Energy

In other CMS Energy news, SVP Brandon J. Hofmeister sold 2,000 shares of the firm's stock in a transaction dated 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 in the company, valued at $4,415,439.07. This trade represents a 3.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Scott B. Mcintosh sold 936 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $68.50, for a total value of $64,116.00. Following the completion of the transaction, the chief accounting officer now directly owns 24,417 shares of the company's stock, valued at $1,672,564.50. This represents a 3.69 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 33,686 shares of company stock valued at $2,228,084. Insiders own 0.40% of the company's stock.

Institutional Investors Weigh In On CMS Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Private Advisor Group LLC grew its stake in shares of CMS Energy by 19.6% in the second quarter. Private Advisor Group LLC now owns 33,510 shares of the utilities provider's stock worth $1,995,000 after acquiring an additional 5,500 shares during the last quarter. Acadian Asset Management LLC increased its position in shares of CMS Energy by 1,853.6% during the second quarter. Acadian Asset Management LLC now owns 30,300 shares of the utilities provider's stock valued at $1,802,000 after acquiring an additional 28,749 shares in the last quarter. Caprock Group LLC purchased a new position in CMS Energy in the 2nd quarter worth approximately $218,000. Ashton Thomas Private Wealth LLC purchased a new position in CMS Energy in the 2nd quarter worth approximately $92,000. Finally, Choreo LLC bought a new position in CMS Energy in the 2nd quarter valued at approximately $460,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

CMS Energy Company Profile

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.