KeyCorp Weighs in on CMS Energy's FY2025 Earnings (NYSE:CMS)

CMS Energy Co. (NYSE:CMS - Free Report) - Equities researchers at KeyCorp boosted their FY2025 earnings per share estimates for shares of CMS Energy in a research note issued to investors on Tuesday, December 3rd. KeyCorp analyst S. Karp now expects that the utilities provider will post earnings of $3.59 per share for the year, up from their previous estimate of $3.57. KeyCorp has a "Overweight" rating and a $76.00 price objective on the stock. The consensus estimate for CMS Energy's current full-year earnings is $3.33 per share. KeyCorp also issued estimates for CMS Energy's FY2026 earnings at $3.89 EPS, FY2027 earnings at $4.21 EPS and FY2028 earnings at $4.30 EPS.

Other equities analysts have also issued reports about the stock. Morgan Stanley lowered their target price on shares of CMS Energy from $69.00 to $67.00 and set an "equal weight" rating for the company in a report on Friday, November 22nd. 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 report on Friday, November 1st. Jefferies Financial Group began coverage on shares of CMS Energy in a report on Tuesday, November 5th. They issued a "buy" rating and a $76.00 price objective for the company. Bank of America boosted their price objective on shares of CMS Energy from $69.00 to $73.00 and gave the stock a "buy" rating in a report on Thursday, August 29th. Finally, Barclays boosted their price objective on shares of CMS Energy from $65.00 to $68.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 15th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, CMS Energy has an average rating of "Moderate Buy" and a consensus target price of $70.21.

CMS Energy Stock Down 0.3 %

Shares of CMS stock traded down $0.21 during trading hours on Friday, hitting $67.17. 3,485,140 shares of the company's stock traded hands, compared to its average volume of 2,180,001. The stock's fifty day simple moving average is $69.57 and its two-hundred day simple moving average is $65.87. CMS Energy has a 12-month low of $55.10 and a 12-month high of $72.40. The stock has a market cap of $20.07 billion, a price-to-earnings ratio of 19.19, a PEG ratio of 2.69 and a beta of 0.41. 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 (NYSE:CMS - Get Free Report) last released its earnings results on Thursday, October 31st. The utilities provider reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.06. CMS Energy had a net margin of 14.01% and a return on equity of 12.81%. The firm had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same period last year, the business earned $0.61 earnings per share. The business's revenue was up 4.2% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Tidal Investments LLC boosted its holdings in CMS Energy by 17.6% in the 3rd quarter. Tidal Investments LLC now owns 19,780 shares of the utilities provider's stock worth $1,397,000 after buying an additional 2,965 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in CMS Energy in the 3rd quarter worth $589,000. World Investment Advisors LLC purchased a new stake in CMS Energy in the 3rd quarter worth $248,000. Sanctuary Advisors LLC lifted its stake in CMS Energy by 34.6% in the 3rd quarter. Sanctuary Advisors LLC now owns 34,904 shares of the utilities provider's stock worth $2,427,000 after purchasing an additional 8,975 shares in the last quarter. Finally, Virtu Financial LLC lifted its stake in CMS Energy by 18.0% in the 3rd quarter. Virtu Financial LLC now owns 18,358 shares of the utilities provider's stock worth $1,297,000 after purchasing an additional 2,800 shares in the last quarter. Institutional investors own 93.57% of the company's stock.

Insider Activity

In related news, SVP Brandon J. Hofmeister sold 2,000 shares of the company's stock in a transaction 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 transaction, the senior vice president now owns 64,771 shares of the company's stock, valued at approximately $4,415,439.07. This represents a 3.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Scott B. Mcintosh sold 936 shares of the company's stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $68.50, for a total transaction 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. Insiders own 0.40% of the company's stock.

CMS Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were given a dividend of $0.515 per share. This is an increase from CMS Energy's previous quarterly dividend of $0.51. The ex-dividend date was Wednesday, November 13th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.07%. CMS Energy's payout ratio is presently 58.86%.

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.