FY2025 Earnings Forecast for CMS Energy Issued By Scotiabank

by · The Cerbat Gem

CMS Energy Co. (NYSE:CMS – Free Report) – Equities research analysts at Scotiabank dropped their FY2025 earnings estimates for CMS Energy in a report issued on Wednesday, January 8th. Scotiabank analyst A. Weisel now anticipates that the utilities provider will earn $3.60 per share for the year, down from their prior estimate 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.

Several other analysts also recently commented on the stock. Morgan Stanley decreased their price objective on shares of CMS Energy from $69.00 to $67.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Wells Fargo & Company raised their price target 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 CMS Energy from $65.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 15th. KeyCorp lifted their target price on CMS Energy from $73.00 to $76.00 and gave the company an “overweight” rating in a research note on Monday, September 30th. Finally, Mizuho downgraded CMS Energy from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $76.00 to $72.00 in a research note on Tuesday, October 15th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $70.36.

Read Our Latest Stock Analysis on CMS

CMS Energy Price Performance

Shares of NYSE:CMS opened at $66.34 on Friday. The company has a market capitalization of $19.82 billion, a P/E ratio of 18.95, a P/E/G ratio of 2.66 and a beta of 0.42. CMS Energy has a 1-year low of $55.10 and a 1-year high of $72.40. The firm’s 50 day simple moving average is $67.61 and its two-hundred day simple moving average is $66.87. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.23 and a quick ratio of 0.83.

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

CMS Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were issued a $0.515 dividend. This is an increase from CMS Energy’s previous quarterly dividend of $0.51. The ex-dividend date was Wednesday, November 13th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.11%. CMS Energy’s dividend payout ratio (DPR) is presently 58.86%.

Insider Buying and Selling

In related news, Director John G. Russell sold 28,750 shares of CMS Energy stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of $65.85, for a total transaction of $1,893,187.50. Following the completion of the transaction, the director now directly owns 144,059 shares of the company’s stock, valued at approximately $9,486,285.15. The trade was a 16.64 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Brandon J. Hofmeister sold 2,000 shares of the stock in a transaction dated Friday, December 13th. The stock was 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 $4,248,102.34. This trade represents a 3.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 33,686 shares of company stock worth $2,228,084. Corporate insiders own 0.40% of the company’s stock.

Institutional Trading of CMS Energy

Hedge funds and other institutional investors have recently bought and sold shares of the business. Mackenzie Financial Corp boosted its stake in shares of CMS Energy by 0.6% during the second quarter. Mackenzie Financial Corp now owns 25,390 shares of the utilities provider’s stock valued at $1,511,000 after purchasing an additional 157 shares during the period. Voisard Asset Management Group Inc. lifted its holdings in CMS Energy by 25.7% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 798 shares of the utilities provider’s stock valued at $56,000 after buying an additional 163 shares in the last quarter. OneDigital Investment Advisors LLC boosted its position in CMS Energy by 5.4% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,625 shares of the utilities provider’s stock valued at $256,000 after buying an additional 187 shares during the period. Horizon Kinetics Asset Management LLC grew its stake in CMS Energy by 1.3% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 15,675 shares of the utilities provider’s stock worth $1,107,000 after acquiring an additional 200 shares in the last quarter. Finally, Private Trust Co. NA increased its position in shares of CMS Energy by 25.6% during the third quarter. Private Trust Co. NA now owns 982 shares of the utilities provider’s stock worth $69,000 after acquiring an additional 200 shares during the period. Hedge funds and other institutional investors own 93.57% of the company’s stock.

CMS Energy Company Profile

(Get Free Report)

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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