FY2025 Earnings Estimate for CMS Energy Issued By Scotiabank

CMS Energy Co. (NYSE:CMS) – Stock analysts at Scotiabank decreased their FY2025 earnings per share (EPS) estimates for CMS Energy in a note issued to investors on Wednesday, January 8th. Scotiabank analyst A. Weisel now forecasts that the utilities provider will post earnings per share of $3.60 for the year, down from their previous forecast of $3.62. Scotiabank has a “Sector Outperform” rating and a $77.00 price objective on the stock. The consensus estimate for CMS Energy’s current full-year earnings is $3.33 per share. Scotiabank also issued estimates for CMS Energy’s FY2026 earnings at $3.90 EPS.

CMS has been the topic of a number of other reports. Jefferies Financial Group assumed coverage on CMS Energy in a report on Tuesday, November 5th. They set a “buy” rating and a $76.00 price target on the stock. KeyCorp raised their price target on CMS Energy from $73.00 to $76.00 and gave the company an “overweight” rating in a report on Monday, September 30th. Mizuho lowered CMS Energy from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $76.00 to $72.00 in a report on Tuesday, October 15th. Barclays raised their price target on CMS Energy from $65.00 to $68.00 and gave the company an “equal weight” rating in a report on Tuesday, October 15th. Finally, Wells Fargo & Company lifted their target price on CMS Energy from $70.00 to $77.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. One analyst has rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $70.36.

CMS Energy Price Performance

Shares of CMS opened at $65.10 on Friday. The firm has a market capitalization of $19.45 billion, a price-to-earnings ratio of 18.60, a price-to-earnings-growth ratio of 2.66 and a beta of 0.42. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.83 and a current ratio of 1.23. CMS Energy has a one year low of $55.10 and a one year high of $72.40. The stock’s fifty day moving average is $67.55 and its 200-day moving average is $66.96.

CMS Energy (NYSE:CMS) last issued its earnings results on Thursday, October 31st. The utilities provider reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.06. The firm had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.88 billion. CMS Energy had a return on equity of 12.81% and a net margin of 14.01%. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period last year, the company earned $0.61 earnings per share.

CMS Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were given a dividend of $0.515 per share. The ex-dividend date was Wednesday, November 13th. This is a positive change from CMS Energy’s previous quarterly dividend of $0.51. This represents a $2.06 dividend on an annualized basis and a yield of 3.16%. CMS Energy’s dividend payout ratio (DPR) is presently 58.86%.

Insiders Place Their Bets

In other CMS Energy news, CAO Scott B. Mcintosh sold 936 shares of the firm’s stock in a transaction dated 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 sale, the chief accounting officer now directly owns 24,417 shares in the company, valued at approximately $1,672,564.50. This trade represents a 3.69 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Brandon J. Hofmeister sold 2,000 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $68.17, for a total value of $136,340.00. Following the sale, the senior vice president now owns 64,771 shares of the company’s stock, valued at $4,415,439.07. The trade was a 3.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 33,686 shares of company stock worth $2,228,084. 0.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On CMS Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its stake in shares of CMS Energy by 3.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 117,226 shares of the utilities provider’s stock worth $8,280,000 after purchasing an additional 3,390 shares in the last quarter. Fulton Bank N.A. raised its stake in shares of CMS Energy by 15.9% during the 4th quarter. Fulton Bank N.A. now owns 5,362 shares of the utilities provider’s stock worth $357,000 after purchasing an additional 734 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of CMS Energy by 6.9% during the 4th quarter. GAMMA Investing LLC now owns 11,471 shares of the utilities provider’s stock worth $765,000 after purchasing an additional 738 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of CMS Energy by 7.6% in the 3rd quarter. Principal Financial Group Inc. now owns 408,331 shares of the utilities provider’s stock valued at $28,840,000 after acquiring an additional 28,695 shares in the last quarter. Finally, Tidal Investments LLC raised its stake in shares of CMS Energy by 17.6% in the 3rd quarter. Tidal Investments LLC now owns 19,780 shares of the utilities provider’s stock valued at $1,397,000 after acquiring an additional 2,965 shares in the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

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.