2 weeks Ago By ABMN Staff
CMS Energy Co. ( NYSE:CMS – Get Free Report ) has been assigned an average recommendation of “Moderate Buy” from the twelve analysts that are currently covering the firm, Marketbeat.com reports.
Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $75.73.
A number of analysts have recently commented on CMS shares. StockNews.com lowered CMS Energy from a “hold” rating to a “sell” rating in a report on Friday.
Bank of America boosted their target price on CMS Energy from $73.00 to $80.00 and gave the company a “buy” rating in a research note on Monday, March 24th.
Jefferies Financial Group raised their price target on shares of CMS Energy from $77.00 to $83.00 and gave the stock a “buy” rating in a research note on Monday.
Guggenheim reiterated a “neutral” rating and issued a $69.00 price objective on shares of CMS Energy in a report on Friday, February 7th. Finally, UBS Group raised their target price on shares of CMS Energy from $77.
00 to $80.00 and gave the company a “neutral” rating in a research report on Friday, March 21st. Check Out Our Latest Research Report on CMS Energy Insider Buying and Selling at CMS Energy Institutional Trading of CMS Energy Institutional investors have recently modified their holdings of the stock.
BankPlus Trust Department bought a new stake in CMS Energy during the fourth quarter worth about $29,000. Richardson Financial Services Inc. lifted its holdings in shares of CMS Energy by 106.
8% during the 4th quarter. Richardson Financial Services Inc. now owns 455 shares of the utilities provider’s stock worth $30,000 after acquiring an additional 235 shares during the period.
Larson Financial Group LLC boosted its position in shares of CMS Energy by 2,900.0% during the 4th quarter. Larson Financial Group LLC now owns 720 shares of the utilities provider’s stock worth $48,000 after acquiring an additional 696 shares in the last quarter.
Optiver Holding B.V. increased its stake in CMS Energy by 39.
2% in the fourth quarter. Optiver Holding B.V.
now owns 813 shares of the utilities provider’s stock valued at $54,000 after acquiring an additional 229 shares during the last quarter. Finally, Mizuho Bank Ltd. bought a new position in CMS Energy in the fourth quarter valued at approximately $61,000.
93.57% of the stock is currently owned by institutional investors. CMS Energy Price Performance Shares of CMS opened at $72.
17 on Friday. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.
57 and a current ratio of 0.79. The firm has a market capitalization of $21.
56 billion, a PE ratio of 21.74, a P/E/G ratio of 2.56 and a beta of 0.
34. The stock has a 50 day simple moving average of $72.40 and a 200 day simple moving average of $69.
56. CMS Energy has a 52-week low of $58.50 and a 52-week high of $76.
45. CMS Energy ( NYSE:CMS – Get Free Report ) last issued its quarterly earnings data on Thursday, February 6th. The utilities provider reported $0.
87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.01.
CMS Energy had a net margin of 13.35% and a return on equity of 12.02%.
Sell-side analysts predict that CMS Energy will post 3.59 EPS for the current fiscal year. CMS Energy Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th.
Stockholders of record on Friday, May 9th will be given a $0.5425 dividend. The ex-dividend date is Friday, May 9th.
This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.01%.
CMS Energy’s payout ratio is 65.36%. CMS Energy Company Profile ( Get Free Report 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.
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