Q4 Earnings Forecast for CMS Energy Issued By Zacks Research

CMS Energy Co. (NYSE:CMS) – Equities research analysts at Zacks Research dropped their Q4 2024 earnings estimates for shares of CMS Energy in a report issued on Thursday, December 19th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings per share of $0.86 for the quarter, down from their prior estimate of $0.87. The consensus estimate for CMS Energy’s current full-year earnings is $3.33 per share. Zacks Research also issued estimates for CMS Energy’s Q2 2025 earnings at $0.48 EPS, Q3 2025 earnings at $0.77 EPS and Q4 2025 earnings at $1.20 EPS.

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

Other research analysts have also issued reports about the company. Scotiabank increased their price objective on CMS Energy from $75.00 to $77.00 and gave the stock a “sector outperform” rating in a research note on Thursday, December 12th. BMO Capital Markets dropped their target price 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. Morgan Stanley cut their price target on shares of CMS Energy from $69.00 to $67.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. Mizuho cut shares of CMS Energy from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $76.00 to $72.00 in a research note on Tuesday, October 15th. Finally, Jefferies Financial Group started coverage on shares of CMS Energy in a research note on Tuesday, November 5th. They issued a “buy” rating and a $76.00 target price for the company. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, CMS Energy currently has an average rating of “Moderate Buy” and an average target price of $70.36.

CMS Energy Trading Up 1.3 %

Shares of CMS opened at $66.61 on Monday. The stock has a 50 day simple moving average of $68.81 and a 200-day simple moving average of $66.28. The company has a current ratio of 1.23, a quick ratio of 0.83 and a debt-to-equity ratio of 1.86. The stock has a market cap of $19.90 billion, a PE ratio of 19.03, a PEG ratio of 2.66 and a beta of 0.41. CMS Energy has a 1 year low of $55.10 and a 1 year high of $72.40.

CMS Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were paid a $0.515 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.09%. This is an increase from CMS Energy’s previous quarterly dividend of $0.51. CMS Energy’s dividend payout ratio is 58.86%.

Insider Transactions at CMS Energy

In other CMS Energy news, SVP Brandon J. Hofmeister sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $68.17, for a total value 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 approximately $4,415,439.07. This represents a 3.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John G. Russell sold 28,750 shares of the stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $65.85, for a total transaction of $1,893,187.50. Following the completion of the sale, the director now owns 144,059 shares in the company, valued at approximately $9,486,285.15. This trade represents a 16.64 % 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 worth $2,228,084 in the last three months. Insiders own 0.40% of the company’s stock.

Institutional Trading of CMS Energy

Large investors have recently made changes to their positions in the company. First Horizon Advisors Inc. grew its stake in CMS Energy by 171.9% in the third quarter. First Horizon Advisors Inc. now owns 435 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 275 shares during the period. Brooklyn Investment Group acquired a new position in shares of CMS Energy in the 3rd quarter valued at approximately $40,000. Innealta Capital LLC bought a new stake in CMS Energy during the 2nd quarter worth approximately $43,000. Covestor Ltd lifted its stake in CMS Energy by 206.1% in the third quarter. Covestor Ltd now owns 701 shares of the utilities provider’s stock valued at $50,000 after buying an additional 472 shares in the last quarter. Finally, Values First Advisors Inc. acquired a new position in shares of CMS Energy in the third quarter valued at approximately $56,000. Institutional investors own 93.57% 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.