Q3 Earnings Estimate for CMS Energy Issued By Zacks Research

CMS Energy Co. (NYSE:CMS - Free Report) - Equities researchers at Zacks Research lowered their Q3 2026 earnings per share estimates for CMS Energy in a research report issued on Wednesday, April 2nd. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $0.97 per share for the quarter, down from their previous forecast of $0.98. The consensus estimate for CMS Energy's current full-year earnings is $3.59 per share. Zacks Research also issued estimates for CMS Energy's Q1 2027 earnings at $1.06 EPS and FY2027 earnings at $4.18 EPS.

Other equities analysts have also issued research reports about the company. Bank of America boosted their price objective on CMS Energy from $73.00 to $80.00 and gave the stock a "buy" rating in a research note on Monday, March 24th. UBS Group raised their price objective on shares of CMS Energy from $77.00 to $80.00 and gave the company a "neutral" rating in a research report on Friday, March 21st. StockNews.com downgraded shares of CMS Energy from a "hold" rating to a "sell" rating in a research note on Wednesday, April 2nd. BMO Capital Markets increased their price target on shares of CMS Energy from $73.00 to $80.00 and gave the company an "outperform" rating in a research note on Monday, March 24th. Finally, Guggenheim restated a "neutral" rating and issued a $69.00 price objective on shares of CMS Energy in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $75.36.

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CMS Energy Price Performance

Shares of CMS traded up $1.42 on Friday, hitting $71.61. The company's stock had a trading volume of 1,646,313 shares, compared to its average volume of 2,247,975. The company has a market capitalization of $21.40 billion, a PE ratio of 21.57, a PEG ratio of 2.56 and a beta of 0.34. CMS Energy has a fifty-two week low of $56.61 and a fifty-two week high of $76.45. The company has a 50 day moving average price of $71.49 and a 200 day moving average price of $69.45. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.79 and a quick ratio of 0.57.

CMS Energy (NYSE:CMS - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The utilities provider reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.01. CMS Energy had a net margin of 13.35% and a return on equity of 12.02%.

CMS Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 17th were given a $0.5425 dividend. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.03%. This is an increase from CMS Energy's previous quarterly dividend of $0.52. The ex-dividend date was Friday, February 14th. CMS Energy's dividend payout ratio (DPR) is currently 65.36%.

Insider Buying and Selling

In other news, CAO Scott B. Mcintosh sold 6,700 shares of the stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $69.76, for a total transaction of $467,392.00. Following the completion of the sale, the chief accounting officer now owns 21,643 shares of the company's stock, valued at $1,509,815.68. This represents a 23.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Brandon J. Hofmeister sold 2,000 shares of the business's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $73.77, for a total transaction of $147,540.00. Following the completion of the sale, the senior vice president now directly owns 71,931 shares in the company, valued at $5,306,349.87. This represents a 2.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,200 shares of company stock valued at $789,532 in the last 90 days. 0.40% of the stock is owned by insiders.

Institutional Trading of CMS Energy

Several hedge funds and other institutional investors have recently modified their holdings of CMS. Vanguard Group Inc. grew its holdings in shares of CMS Energy by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 38,175,088 shares of the utilities provider's stock worth $2,544,370,000 after buying an additional 316,011 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in CMS Energy by 32.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,256,949 shares of the utilities provider's stock valued at $950,227,000 after buying an additional 3,486,074 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in CMS Energy by 28.0% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 9,741,389 shares of the utilities provider's stock worth $649,264,000 after buying an additional 2,131,269 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of CMS Energy by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 7,608,680 shares of the utilities provider's stock worth $505,869,000 after buying an additional 98,910 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of CMS Energy by 11.6% in the 4th quarter. Northern Trust Corp now owns 2,986,489 shares of the utilities provider's stock valued at $199,049,000 after acquiring an additional 311,489 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company's stock.

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.