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

CMS Energy (NYSE:CMS) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.520-3.580 for the period, compared to the consensus 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

NYSE CMS opened at $68.30 on Friday. CMS Energy has a 12-month low of $54.13 and a 12-month high of $72.40. The firm has a 50-day moving average price of $69.80 and a two-hundred day moving average price of $64.67. The company has a market capitalization of $20.40 billion, a P/E ratio of 20.95, a P/E/G ratio of 2.79 and a beta of 0.41. 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 issued its earnings results on Thursday, October 31st. The utilities provider reported $0.84 EPS for the quarter, beating the consensus estimate of $0.78 by $0.06. CMS Energy had a net margin of 13.10% and a return on equity of 12.25%. The company 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 company earned $0.61 EPS. The business’s revenue for the quarter was up 4.2% compared to the same quarter last year. Analysts anticipate that CMS Energy will post 3.33 earnings per share for the current year.

CMS Energy Increases Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Evercore ISI raised CMS Energy to a “hold” rating in a report on Friday, July 26th. Wells Fargo & Company boosted their target price on shares of CMS Energy from $70.00 to $77.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. BMO Capital Markets cut their price target on shares of CMS Energy from $77.00 to $76.00 and set an “outperform” rating on the stock in a report on Friday. Morgan Stanley raised their target price on CMS Energy from $63.00 to $68.00 and gave the stock an “equal weight” rating in a research report on Wednesday, September 25th. Finally, Barclays increased their price target on CMS Energy from $65.00 to $68.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 15th. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $69.85.

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.