CMS Energy (NYSE:CMS) Issues Earnings Results, Beats Estimates By $0.01 EPS

CMS Energy (NYSE:CMS) released 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 13.35% and a return on equity of 12.02%. CMS Energy updated its FY 2025 guidance to 3.540-3.600 EPS.

CMS Energy Price Performance

NYSE:CMS opened at $68.69 on Friday. The firm’s fifty day moving average price is $66.77 and its two-hundred day moving average price is $67.85. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.23 and a quick ratio of 0.83. The company has a market cap of $20.52 billion, a P/E ratio of 20.69, a P/E/G ratio of 2.48 and a beta of 0.42. CMS Energy has a one year low of $55.10 and a one year high of $72.40.

CMS Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Monday, February 17th will be paid a $0.5425 dividend. This represents a $2.17 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from CMS Energy’s previous quarterly dividend of $0.52. CMS Energy’s dividend payout ratio is 62.05%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Scotiabank increased their target price 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. StockNews.com upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a research note on Wednesday. BMO Capital Markets cut 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. Guggenheim reissued a “neutral” rating and set a $69.00 target price on shares of CMS Energy in a research report on Friday. Finally, Barclays upped 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. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $71.15.

Insider Activity at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 2,000 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $68.17, for a total transaction of $136,340.00. Following the completion of the sale, the senior vice president now owns 64,771 shares of the company’s stock, valued at $4,415,439.07. This represents a 3.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Scott B. Mcintosh sold 936 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $68.50, for a total value 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 $1,672,564.50. This trade represents a 3.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 33,686 shares of company stock worth $2,228,084. Insiders own 0.40% of the company’s stock.

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.