Q4 Earnings Forecast for CMS Energy Issued By Zacks Research

CMS Energy Co. (NYSE:CMS - Free Report) - Research analysts at Zacks Research dropped their Q4 2024 earnings per share (EPS) estimates for CMS Energy in a report issued on Thursday, December 19th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $0.86 for the quarter, down from their previous forecast of $0.87. The consensus estimate for CMS Energy's current full-year earnings is $3.33 per share. Zacks Research also issued estimates for CMS Energy's Q2 2025 earnings at $0.48 EPS, Q3 2025 earnings at $0.77 EPS and Q4 2025 earnings at $1.20 EPS.

CMS has been the topic of a number of other research reports. Wells Fargo & Company boosted their target price on CMS Energy from $70.00 to $77.00 and gave the company an "overweight" rating in a report on Wednesday, October 16th. Barclays upped their price objective on shares of CMS Energy from $65.00 to $68.00 and gave the stock an "equal weight" rating in a research report on Tuesday, October 15th. Bank of America lifted their target price on shares of CMS Energy from $69.00 to $73.00 and gave the company a "buy" rating in a report on Thursday, August 29th. BMO Capital Markets reduced 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. Finally, StockNews.com cut CMS Energy from a "hold" rating to a "sell" rating in a research report on Thursday, November 28th. One analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $70.36.

CMS Energy Stock Performance

CMS stock traded up $0.06 on Monday, hitting $66.67. The company's stock had a trading volume of 1,334,647 shares, compared to its average volume of 2,289,528. CMS Energy has a 1 year low of $55.10 and a 1 year high of $72.40. The company has a current ratio of 1.23, a quick ratio of 0.83 and a debt-to-equity ratio of 1.86. The stock has a market cap of $19.92 billion, a price-to-earnings ratio of 19.05, a price-to-earnings-growth ratio of 2.66 and a beta of 0.41. The firm has a 50 day moving average of $68.81 and a two-hundred day moving average of $66.32.

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

CMS Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were given a dividend of $0.515 per share. This is a positive change from CMS Energy's previous quarterly dividend of $0.51. The ex-dividend date was Wednesday, November 13th. This represents a $2.06 annualized dividend and a dividend yield of 3.09%. CMS Energy's dividend payout ratio is presently 58.86%.

Insider Buying and Selling at CMS Energy

In related news, CAO Scott B. Mcintosh sold 936 shares of the business'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 sale, the chief accounting officer now directly owns 24,417 shares in the company, valued at approximately $1,672,564.50. The trade was a 3.69 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Brandon J. Hofmeister sold 2,000 shares of CMS Energy 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 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 position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,686 shares of company stock valued at $2,228,084. 0.40% of the stock is currently owned by company insiders.

Institutional Trading of CMS Energy

Several hedge funds have recently added to or reduced their stakes in the business. First Horizon Advisors Inc. lifted its position in CMS Energy by 171.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 435 shares of the utilities provider's stock valued at $31,000 after acquiring an additional 275 shares during the period. Brooklyn Investment Group purchased a new position in shares of CMS Energy during the 3rd quarter valued at about $40,000. Covestor Ltd raised its position in shares of CMS Energy by 206.1% during the 3rd quarter. Covestor Ltd now owns 701 shares of the utilities provider's stock valued at $50,000 after purchasing an additional 472 shares during the period. Innealta Capital LLC bought a new position in shares of CMS Energy in the second quarter worth about $43,000. Finally, Values First Advisors Inc. bought a new stake in shares of CMS Energy during the third quarter valued at approximately $56,000. 93.57% of the stock is owned by 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.