CMS Energy Corporation (NYSE:CMS) saw an upside of 0.66% to close Tuesday at $59.74 after adding $0.39 on the day. The 5-day average trading volume is 1,108,460 shares of the company’s common stock. It has gained $61.70 in the past week. An average of 1,564,320 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,492,500.
CMS’s 1-month performance is -5.17% or -$3.87 on its low of $58.51 reached on 09/28/21. The company’s shares have touched a 52-week low of $53.19 and high of $67.98, with the stock’s rally to the 52-week high happening on 04/20/21. YTD, CMS has lost -2.08% or -$1.27. However, the current price is down -12.12%% from the 52-week high price.
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On Sep 01, 42 days have gone by since the last insider trading activity for CMS Energy Corporation (CMS). Brossoit Jean-Francois (Senior Vice President) most recently sold 770 shares at $64.82 per share on Sep 01. This transaction cost the insider $49,911. Director, BARFIELD JON E, sold 4,120 shares at a price of $64.08 on Aug 23. Then, on Aug 11, Senior Vice President Rich Brian F sold 3,500 shares at a price of $63.14 per share. This transaction amounted to $220,990.
The company’s PE ratio for the last five years has touched a high of 31.73 and a low of 18.81. CMS stock has a beta of 0.21. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.51 while the price-to-book (PB) in the most recent quarter is 2.98.
CMS Energy Corporation pays an annual dividend of $1.74 per share. Its dividend yield is 2.91% and the payout ratio is 53.80%. CMS’s most recent quarterly dividend payment was made on Aug. 31, when it paid $0.4350 a share compared with prior rate of $0.4350, down 0.0% from last year’s. The company has boosted its dividend for the last 10 consecutive years with the latest dividend increase of $0.0275 reported on Thursday January 21 2021. Measured over the last 3 years, the Dividend has been growing by 22.56% yearly.
It is projected that CMS Energy Corporation’s next ex-dividend date will be on 5-Nov. CMS is expected to distribute $0.435 as its next dividend.
CMS Energy Corporation’s quick ratio for the period ended June 29 was 0.60, with the current ratio over the same period at 0.70 meaning that CMS stock is not able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 2.03, while the total debt to equity was 2.13. In terms of profitability, the gross margin trailing 12 months is 68.20%. The trailing 12-month EBITDA margin is 36.08% while for the period ending June 29; CMS Energy Corporation’s operating margin was 20.20%. The firm’s gross profit as reported stood at $1.36 billion against revenue of $6.68 billion.
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected CMS to announce $0.46 per share in earnings in its latest quarter, but it posted $0.62, representing a 34.80% surprise. EBITDA for the quarter stood at more than $494.0 million. CMS stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 23.59 billion, with total debt at $12.37 billion. Shareholders hold equity totaling $289.65 million
Let’s look briefly at CMS Energy Corporation (CMS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 40.34% to suggest the stock is trending Neutral, with historical volatility in this time period at 23.43%.
The stock’s 5-day moving average is $60.21, reflecting a -1.04% or -$0.63 change from its current price. CMS is currently trading -5.44% above its 20-day SMA, -6.28% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -4.66% and +2.72% respectively.
Stochastic %K and %D was 35.02% and 43.58% and the average true range (ATR) pointed at 1.02. The RSI (14) points at 40.33%, while the 14-day stochastic is at 36.61% with the period’s ATR at 1.01. The stock’s 9-day MACD Oscillator is pointing at -0.45 and -0.35 on the 14-day charts.
In the most recent analyst report for CMS Energy Corporation (NYSE: CMS), KeyBanc Capital Markets upgraded it to an Overweight rating. They previously had a Sector weight rating on the stock. Analysts offering their rating for CMS stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate CMS as a “sell,”, while 9 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 10 have offered a “buy” rating.
What is CMS’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $62.00 and a high of $74.00, with their median price target at $67.00. Looking at these predictions, the average price target given by analysts is for CMS Energy Corporation (CMS) stock is $67.22.