CMS Energy (NYSE:CMS) Issues FY 2025 Earnings Guidance

CMS Energy (NYSE:CMS) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 3.520-3.580 for the period, compared to the consensus earnings per share estimate of 3.590. The company issued revenue guidance of -. CMS Energy also updated its FY 2024 guidance to 3.290-3.350 EPS.

CMS Energy Stock Performance

CMS Energy stock traded down $1.31 during midday trading on Friday, reaching $68.30. The stock had a trading volume of 2,807,363 shares, compared to its average volume of 2,256,258. The firm’s 50-day moving average price is $69.80 and its 200 day moving average price is $64.62. The firm has a market capitalization of $20.40 billion, a PE ratio of 20.95, a P/E/G ratio of 2.79 and a beta of 0.41. CMS Energy has a 12 month low of $54.13 and a 12 month high of $72.40. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 1.80.

CMS Energy (NYSE:CMS) last posted its earnings results on Thursday, October 31st. The utilities provider reported $0.84 EPS for the quarter, topping the consensus estimate of $0.78 by $0.06. CMS Energy had a return on equity of 12.25% and a net margin of 13.10%. The business had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.88 billion. During the same period in the previous year, the business earned $0.61 earnings per share. The firm’s revenue was up 4.2% on a year-over-year basis. As a group, research analysts predict that CMS Energy will post 3.33 earnings per share for the current fiscal year.

CMS Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th will be given a dividend of $0.515 per share. This represents a $2.06 annualized dividend and a yield of 3.02%. This is a positive change from CMS Energy’s previous quarterly dividend of $0.51. The ex-dividend date is Wednesday, November 13th. CMS Energy’s dividend payout ratio (DPR) is presently 63.19%.

Analysts Set New Price Targets

CMS has been the subject of several research analyst reports. Evercore ISI upgraded shares of CMS Energy to a “hold” rating in a report on Friday, July 26th. Scotiabank lifted their target price on shares of CMS Energy from $66.00 to $75.00 and gave the company a “sector outperform” rating in a report on Tuesday, August 20th. Wells Fargo & Company upped their price target on CMS Energy from $70.00 to $77.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 16th. Mizuho cut CMS Energy from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $76.00 to $72.00 in a research note on Tuesday, October 15th. Finally, Bank of America boosted their target price on CMS Energy from $69.00 to $73.00 and gave the stock a “buy” rating in a report on Thursday, August 29th. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $69.85.

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.