Zacks Research Estimates CMS Energy’s Q3 Earnings (NYSE:CMS)

CMS Energy Co. (NYSE:CMS) – Research analysts at Zacks Research cut their Q3 2026 earnings estimates for CMS Energy in a research report issued to clients and investors on Wednesday, April 2nd. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $0.97 per share for the quarter, down from their prior estimate of $0.98. The consensus estimate for CMS Energy’s current full-year earnings is $3.59 per share. Zacks Research also issued estimates for CMS Energy’s Q1 2027 earnings at $1.06 EPS and FY2027 earnings at $4.18 EPS.

CMS Energy (NYSE:CMS) last posted its quarterly earnings results on Thursday, February 6th. The utilities provider reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.01. CMS Energy had a return on equity of 12.02% and a net margin of 13.35%.

Other research analysts also recently issued research reports about the company. Barclays upgraded CMS Energy from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $68.00 to $75.00 in a report on Thursday, February 20th. Guggenheim restated a “neutral” rating and set a $69.00 price objective on shares of CMS Energy in a research report on Friday, February 7th. UBS Group lifted their price target on shares of CMS Energy from $77.00 to $80.00 and gave the stock a “neutral” rating in a research note on Friday, March 21st. StockNews.com lowered shares of CMS Energy from a “hold” rating to a “sell” rating in a research report on Wednesday. Finally, Bank of America lifted their target price on shares of CMS Energy from $73.00 to $80.00 and gave the company a “buy” rating in a report on Monday, March 24th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $75.36.

CMS Energy Price Performance

CMS Energy stock opened at $72.81 on Friday. The stock has a market cap of $21.76 billion, a P/E ratio of 21.93, a price-to-earnings-growth ratio of 2.56 and a beta of 0.35. The company has a fifty day simple moving average of $71.24 and a 200-day simple moving average of $69.44. CMS Energy has a 12-month low of $56.61 and a 12-month high of $76.45. The company has a current ratio of 0.79, a quick ratio of 0.57 and a debt-to-equity ratio of 1.80.

Institutional Trading of CMS Energy

Institutional investors have recently bought and sold shares of the company. Smith Group Asset Management LLC purchased a new position in CMS Energy during the fourth quarter worth $333,000. Hennion & Walsh Asset Management Inc. boosted its stake in shares of CMS Energy by 39.1% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 20,133 shares of the utilities provider’s stock valued at $1,342,000 after acquiring an additional 5,662 shares during the last quarter. Commonwealth Equity Services LLC increased its position in CMS Energy by 0.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 76,560 shares of the utilities provider’s stock worth $5,103,000 after purchasing an additional 392 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in CMS Energy by 49.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 26,808 shares of the utilities provider’s stock valued at $1,787,000 after purchasing an additional 8,927 shares during the last quarter. Finally, Hennessy Advisors Inc. raised its stake in CMS Energy by 2.7% in the 4th quarter. Hennessy Advisors Inc. now owns 170,698 shares of the utilities provider’s stock valued at $11,377,000 after purchasing an additional 4,500 shares during the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at CMS Energy

In related news, CAO Scott B. Mcintosh sold 6,700 shares of the firm’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $69.76, for a total value of $467,392.00. Following the completion of the sale, the chief accounting officer now owns 21,643 shares in the company, valued at $1,509,815.68. This trade represents a 23.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Laura Wright sold 2,500 shares of the company’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $69.84, for a total transaction of $174,600.00. Following the transaction, the director now owns 38,790 shares in the company, valued at $2,709,093.60. The trade was a 6.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,200 shares of company stock worth $789,532 over the last three months. 0.40% of the stock is currently owned by corporate insiders.

CMS Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 17th were paid a dividend of $0.5425 per share. This represents a $2.17 dividend on an annualized basis and a dividend yield of 2.98%. This is an increase from CMS Energy’s previous quarterly dividend of $0.52. The ex-dividend date was Friday, February 14th. CMS Energy’s dividend payout ratio is 65.36%.

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.