CMS Energy (NYSE:CMS – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.540-3.600 for the period, compared to the consensus estimate of 3.590. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on CMS shares. Scotiabank lifted their price objective on shares of CMS Energy from $75.00 to $77.00 and gave the company a “sector outperform” rating in a research note on Thursday, December 12th. Mizuho cut CMS Energy from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $76.00 to $72.00 in a report on Tuesday, October 15th. Guggenheim lowered shares of CMS Energy from a “buy” rating to a “neutral” rating in a research report on Thursday, January 23rd. 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, StockNews.com upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a research report on Wednesday. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $71.00.
Get Our Latest Analysis on CMS
CMS Energy Stock Up 1.4 %
Insiders Place Their Bets
In other CMS Energy news, CAO Scott B. Mcintosh sold 936 shares of the business’s stock in a transaction 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 transaction, the chief accounting officer now directly owns 24,417 shares of the company’s stock, valued at approximately $1,672,564.50. The trade was a 3.69 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Brandon J. Hofmeister sold 2,000 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $68.17, for a total transaction of $136,340.00. Following the completion of the transaction, the senior vice president now directly owns 64,771 shares of the company’s stock, valued at approximately $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. Insiders have sold 33,686 shares of company stock valued at $2,228,084 in the last ninety days. Company 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.
See Also
- Five stocks we like better than CMS Energy
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Cirrus Logic Upgraded After Q3 Earnings Beat—More Gains Ahead?
- Comparing and Trading High PE Ratio Stocks
- RTX and Lockheed Martin: Buy 1 for Today and 1 for Tomorrow
- What is a Bond Market Holiday? How to Invest and Trade
- 3 Must-Have ETFs Set to Dominate This Quarter
Receive News & Ratings for CMS Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CMS Energy and related companies with MarketBeat.com's FREE daily email newsletter.