CMS Energy Corporation (NYSE: CMS) is -1.25% lower on its value in year-to-date trading and has touched a low of $55.10 and a high of $72.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CMS stock was last observed hovering at around $65.86 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $65.82, the stock is -0.99% and -2.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.22 million and changing -0.06% at the moment leaves the stock 0.83% off its SMA200. CMS registered 15.86% gain for a year compared to 6-month gain of 5.36%. The firm has a 50-day simple moving average (SMA 50) of $67.3618 and a 200-day simple moving average (SMA200) of $65.27685.
The stock witnessed a -1.19% loss in the last 1 month and extending the period to 3 months gives it a -7.33%, and is -3.23% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.80% over the week and 1.58% over the month.
CMS Energy Corporation (CMS) has around 8356 employees, a market worth around $19.67B and $7.48B in sales. Current P/E ratio is 18.85 and Fwd P/E is 18.33. Profit margin for the company is 13.87%. Distance from 52-week low is 19.46% and -9.09% from its 52-week high. The company has generated returns on investments over the last 12 months (4.36%).
with sales reaching $2.13B over the same period.The EPS is expected to grow by 7.42% this year, but quarterly earnings will post 3.86% year-over-year. Quarterly sales are estimated to grow 9.45% in year-over-year returns.
CMS Energy Corporation (CMS) Top Institutional Holders
1000.0 institutions hold shares in CMS Energy Corporation (CMS), with institutional investors hold 97.74% of the company’s shares. The shares outstanding are 298.80M, and float is at 296.88M with Short Float at 2.52%. Institutions hold 97.27% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 37.8 million shares valued at $2.25 billion. The investor’s holdings represent 12.7494% of the CMS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 28.61 million shares valued at $1.7 billion to account for 9.6478 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 25.06 million shares representing 8.4106% and valued at over $1.49 billion, while STATE STREET CORP holds 5.4186 of the shares totaling 16.07 million with a market value of $956.42 million.
CMS Energy Corporation (CMS) Insider Activity
The most recent transaction is an insider sale by RUSSELL JOHN G, the company’s Director. SEC filings show that RUSSELL JOHN G sold 28,750 shares of the company’s common stock on Dec 19 ’24 at a price of $65.85 per share for a total of $1.89 million. Following the sale, the insider now owns 0.14 million shares.
CMS Energy Corporation disclosed in a document filed with the SEC on Dec 13 ’24 that Hofmeister Brandon J. (Senior Vice President) sold a total of 2,000 shares of the company’s common stock. The trade occurred on Dec 13 ’24 and was made at $67.22 per share for $0.13 million. Following the transaction, the insider now directly holds 63197.0 shares of the CMS stock.
Still, SEC filings show that on Dec 12 ’24, Hofmeister Brandon J. (Officer) Proposed Sale 2,000 shares at an average price of $67.31 for $0.13 million. The insider now directly holds shares of CMS Energy Corporation (CMS).
