With 3.88 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.18 million shares. During the session, the Utilities – Regulated Electric company that operates in wider Utilities sector, reached to the highest price of $67.561 whereas the lowest price it dropped to was $65.47. The 52-week range on CMS shows that it touched its highest point at $72.40 and its lowest point at $55.10 during that stretch. It currently has a 1-year price target of $73.36. With its current market cap of 20.08 billion, CMS has annualized dividend of $2.06 while the current yield stands at 3.07%. CMS paid its most recent dividend on 1731456000, while the ex-dividend date for that was 1731456000. Beta for the stock currently stands at 0.42.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CMS was down-trending over the past week, with a drop of -1.31%, but this was up by 0.78% over a month. Three-month performance dropped to -6.81% while six-month performance rose 6.30%. The stock gained 20.82% in the past year, while it has gained 0.81% so far this year. A look at the trailing 12-month EPS for CMS yields 3.49 with Next year EPS estimates of 3.59. For the next quarter, that number is 0.87. This implies an EPS growth rate of 7.42% for this year and 7.40% for next year. EPS is expected to grow by 7.52% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.32%.
Float and Shares Shorts:
At present, 298.80 million CMS shares are outstanding with a float of 296.88 million shares on hand for trading. On 2024-12-31, short shares totaled 7.47 million, which was 250.0 higher than short shares on 1732838400. In addition to Mr. Garrick J. Rochow as the firm’s President, CEO & Director, Mr. Rejji P. Hayes serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.97273004 of CMS’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CMS reported revenue of $1743000000.0 and operating income of $367000000.0. The EBITDA in the recently reported quarter was $724000000.0 and diluted EPS was $0.84.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CMS since 19 analysts follow the stock currently. There are 14 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CMS analysts setting a high price target of 78.0 and a low target of 59.0, the average target price over the next 12 months is 71.67941. Based on these targets, CMS could surge 16.09% to reach the target high and fall by -12.19% to reach the target low. Reaching the average price target will result in a growth of 6.68% from current levels.
Analysts have provided yearly estimates in a range of $3.36071 being high and $3.33062 being low. For CMS, this leads to a yearly average estimate of $3.34065. Based on analyst estimates, the high estimate for the next quarter is $1.22 and the low estimate is $0.9. The average estimate for the next quarter is thus $1.09.
