FY2025 Earnings Forecast for CMS Energy Issued By Scotiabank

CMS Energy Co. (NYSE:CMS) – Equities researchers at Scotiabank cut their FY2025 earnings per share estimates for shares of CMS Energy in a report issued on Wednesday, January 8th. Scotiabank analyst A. Weisel now expects 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 target 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 Energy (NYSE:CMS) last issued its quarterly earnings data on Thursday, October 31st. The utilities provider reported $0.84 EPS for the quarter, beating the consensus estimate of $0.78 by $0.06. The company had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.88 billion. CMS Energy had a net margin of 14.01% and a return on equity of 12.81%. CMS Energy’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.61 earnings per share.

Other research analysts have also recently issued reports about 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. StockNews.com cut shares of CMS Energy from a “hold” rating to a “sell” rating in a research report on Thursday, November 28th. Jefferies Financial Group began coverage on CMS Energy in a research note on Tuesday, November 5th. They set a “buy” rating and a $76.00 price target for the company. Barclays upped their price objective on CMS Energy from $65.00 to $68.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 15th. Finally, BMO Capital Markets dropped their target price on CMS Energy from $77.00 to $76.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, CMS Energy currently has a consensus rating of “Moderate Buy” and an average price target of $70.36.

CMS Energy Price Performance

CMS Energy stock opened at $66.34 on Friday. The business has a 50-day simple moving average of $67.61 and a 200 day simple moving average of $66.87. CMS Energy has a 52 week low of $55.10 and a 52 week high of $72.40. The stock has a market cap of $19.82 billion, a price-to-earnings ratio of 18.95, a PEG ratio of 2.66 and a beta of 0.42. The company has a quick ratio of 0.83, a current ratio of 1.23 and a debt-to-equity ratio of 1.86.

CMS Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were paid a dividend of $0.515 per share. The ex-dividend date was Wednesday, November 13th. This represents a $2.06 annualized dividend and a yield of 3.11%. This is a positive change from CMS Energy’s previous quarterly dividend of $0.51. CMS Energy’s payout ratio is presently 58.86%.

Insider Buying and Selling

In other CMS Energy news, CAO Scott B. Mcintosh sold 936 shares of CMS Energy 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 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Brandon J. Hofmeister sold 2,000 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $67.22, for a total transaction of $134,440.00. Following the sale, the senior vice president now owns 63,197 shares in the company, valued at approximately $4,248,102.34. The trade was a 3.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 33,686 shares of company stock worth $2,228,084 in the last 90 days. Insiders own 0.40% of the company’s stock.

Institutional Investors Weigh In On CMS Energy

Several large investors have recently bought and sold shares of CMS. Mackenzie Financial Corp grew its stake in shares of CMS Energy by 0.6% in the second quarter. Mackenzie Financial Corp now owns 25,390 shares of the utilities provider’s stock worth $1,511,000 after acquiring an additional 157 shares during the period. Voisard Asset Management Group Inc. raised its stake 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 during the last quarter. OneDigital Investment Advisors LLC lifted its holdings in shares of CMS Energy by 5.4% during 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 lifted its holdings in shares of CMS Energy by 1.3% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 15,675 shares of the utilities provider’s stock valued at $1,107,000 after buying an additional 200 shares during the period. Finally, Private Trust Co. NA boosted its stake in shares of CMS Energy by 25.6% in the 3rd quarter. Private Trust Co. NA now owns 982 shares of the utilities provider’s stock worth $69,000 after buying an additional 200 shares during the last quarter. 93.57% of the stock is currently owned by 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.