CMS Energy (NYSE:CMS – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 3.540-3.60 for the period, compared to the consensus EPS estimate of 3.590. The company issued revenue guidance of -.
CMS Energy Stock Performance
Shares of NYSE CMS opened at $72.21 on Friday. 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 has a one year low of $58.50 and a one year high of $76.45. The business’s 50-day moving average price is $72.73 and its two-hundred day moving average price is $69.67. The company has a market capitalization of $21.58 billion, a P/E ratio of 21.75, a price-to-earnings-growth ratio of 2.56 and a beta of 0.34.
CMS Energy (NYSE:CMS – Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The utilities provider reported $1.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.03). CMS Energy had a return on equity of 12.02% and a net margin of 13.35%. The company had revenue of $2.45 billion during the quarter, compared to analyst estimates of $2.32 billion. Analysts anticipate that CMS Energy will post 3.59 earnings per share for the current fiscal year.
CMS Energy Announces Dividend
Analyst Upgrades and Downgrades
CMS has been the topic of a number of analyst reports. UBS Group increased their price target on CMS Energy from $77.00 to $80.00 and gave the company a “neutral” rating in a research note on Friday, March 21st. StockNews.com lowered CMS Energy from a “hold” rating to a “sell” rating in a report on Friday, April 18th. Jefferies Financial Group boosted their target price on CMS Energy from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Monday, April 21st. Bank of America increased their target price on shares of CMS Energy from $73.00 to $80.00 and gave the stock a “buy” rating in a report on Monday, March 24th. Finally, BMO Capital Markets dropped their target price on shares of CMS Energy from $80.00 to $77.00 and set an “outperform” rating on the stock in a report on Monday, April 14th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $76.55.
Read Our Latest Analysis on CMS
Insider Activity
In related news, SVP Brandon J. Hofmeister sold 2,000 shares of the company’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 position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Scott B. Mcintosh sold 6,700 shares of the business’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $69.76, for a total value of $467,392.00. Following the transaction, the chief accounting officer now owns 21,643 shares in the company, valued at approximately $1,509,815.68. This represents a 23.64 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,200 shares of company stock worth $789,532. 0.40% of the stock is currently owned by insiders.
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.
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