Keep an eye on Price Trends: CMS Energy Corporation's (CMS)

Andrew Cummings
May 3, 2017

The company had revenue of $1.64 billion for the quarter, compared to analyst estimates of $2.15 billion.

CMS Energy Corporation (NYSE:CMS) said it has appointed Thomas Webb as Vice Chairman, after 15 years as Executive Vice President and Chief Financial Officer where he played a vital role on the team which led CMS Energy's financial turnaround and growth.

CMS Energy Corporation's P/E stands at 22.98, while the P/S is at 1.99 and earnings per share this year of 4.40%. CMS Energy Corporation had a net margin of 8.61% and a return on equity of 13.31%.

A number of equities research analysts have issued reports on CMS shares. Institutional investors own 88.34% of the company's stock.


The current consensus rating for CMS Energy Co. They issued a "neutral" rating and a $44.00 price target for the company. CMS Energy's revenue was up 8.7% compared to the same quarter previous year.

The stock's price switched up 0.45% 20-Days Simple Moving Average, added 1.62% from 50-Days Simple Moving Average and rose 7.13% from 200 Days Simple Moving Average. The company provided EPS guidance of $2.14-2.18 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.17. The company's revenue was up 1.6% on a year-over-year basis. (NYSE:CMS) traded down 0.20% during midday trading on Friday, hitting $45.40.

CMS Energy (NYSE:CMS) last posted its quarterly earnings results on Monday, May 1st. The firm's stock has a market capitalization of $12.67 bln.

Consumers Energy is the primary business for CMS Energy. FormulaFolio Investments LLC acquired a new stake in shares of CMS Energy Corporation during the second quarter worth about $974,000. During the same quarter a year ago, the firm posted $0.38 earnings per share. CMS Energy's dividend payout ratio (DPR) is 66.83%. Stockholders of record on Friday, May 5th will be paid a $0.3325 dividend.


Now insiders hold 2,998,666 shares in the business which makes up 1.07% of shares. Finally, Deutsche Bank AG raised their price objective on shares of CMS Energy from $47.00 to $48.00 and gave the company a "buy" rating in a report on Tuesday, April 11th.

On 10/20/2016 announced a quarterly dividend of $0.31 3.01% with an ex dividend date of 11/2/2016 which will be payable on 11/4/2016. CMS Energy, through its subsidiaries and equity investments, is engaged primarily in independent power production and owns power generation facilities fueled by natural gas and biomass.

In terms of earnings per share, 6 analysts have a 0.38 EPS mean target for the quarter ending Jun-17, for the quarter ending Sep-17, 6 analysts have a 0.64 EPS mean target and for the quarter ending Sep-17 there are 17 estimates of 2.17 EPS. The Company operates through three segments: electric utility, which consists of regulated activities associated with the generation, transmission and distribution of electricity in MI; gas utility, which consists of regulated activities associated with the transportation, storage and distribution of natural gas in MI, and enterprises, which consists of various subsidiaries engaging primarily in domestic independent power production.


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