CMS Energy (NYSE:CMS) Announces Quarterly Earnings Results

CMS Energy (NYSE:CMS) announced its earnings results on Thursday. The utilities provider reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.01, Zacks reports. CMS Energy had a net margin of 14.01% and a return on equity of 12.81%. CMS Energy updated its FY 2025 guidance to 3.540-3.600 EPS.

CMS Energy Trading Up 0.8 %

NYSE CMS traded up $0.53 on Thursday, hitting $67.65. The company’s stock had a trading volume of 1,661,257 shares, compared to its average volume of 2,128,240. The firm has a market cap of $20.21 billion, a PE ratio of 19.33, a PEG ratio of 2.39 and a beta of 0.42. The company’s 50-day moving average is $66.84 and its 200 day moving average is $67.79. 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 1-year low of $55.10 and a 1-year high of $72.40.

CMS Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Monday, February 17th will be given a dividend of $0.5425 per share. This is an increase from CMS Energy’s previous quarterly dividend of $0.52. This represents a $2.17 annualized dividend and a yield of 3.21%. CMS Energy’s dividend payout ratio (DPR) is currently 58.86%.

Insider Buying and Selling

In other CMS Energy news, CAO Scott B. Mcintosh sold 936 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $68.50, for a total transaction of $64,116.00. Following the completion of the sale, the chief accounting officer now owns 24,417 shares of the company’s stock, valued at approximately $1,672,564.50. This represents 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 the company’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $67.22, for a total transaction of $134,440.00. Following the completion of the sale, the senior vice president now directly owns 63,197 shares in the company, valued at approximately $4,248,102.34. This represents a 3.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 33,686 shares of company stock valued at $2,228,084 over the last 90 days. 0.53% of the stock is owned by insiders.

Analysts Set New Price Targets

CMS has been the subject of several analyst reports. BMO Capital Markets dropped their price objective on CMS Energy from $77.00 to $76.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Scotiabank boosted their price target on CMS Energy from $75.00 to $77.00 and gave the company a “sector outperform” rating in a research note on Thursday, December 12th. Barclays increased 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 note on Tuesday, October 15th. Morgan Stanley cut their price target 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. Finally, Guggenheim cut shares of CMS Energy from a “buy” rating to a “neutral” rating in a research note on Thursday, January 23rd. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $71.00.

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.