CMS Energy Corporation (NYSE: CMS) is 9.83% higher on its value in year-to-date trading and has touched a low of $56.31 and a high of $73.37 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CMS stock was last observed hovering at around $73.08 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $73.20, the stock is 5.94% and 8.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.87 million and changing 0.16% at the moment leaves the stock 10.45% off its SMA200. CMS registered 26.86% gain for a year compared to 6-month gain of 9.06%.
The stock witnessed a 8.94% loss in the last 1 month and extending the period to 3 months gives it a 5.77%, and is 4.35% up 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 1.62% over the week and 1.67% over the month.
CMS Energy Corporation (CMS) has around 8324 employees, a market worth around $21.87B and $7.51B in sales. Current P/E ratio is 21.99 and Fwd P/E is 18.93. Profit margin for the company is 13.21%. Distance from 52-week low is 29.99% and -0.23% from its 52-week high. The company has generated returns on investments over the last 12 months (4.22%).
The EPS is expected to grow by 7.52% this year
The shares outstanding are 298.80M, and float is at 296.70M with Short Float at 3.13%.
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 $$1.49 billion, while STATE STREET CORP holds 5.3932 of the shares totaling 16.07 million with a market value of $$956.42 million.
CMS Energy Corporation (CMS) Insider Activity
The most recent transaction is an insider sale by Wright Laura, the company’s Director. SEC filings show that Wright Laura sold 2,500 shares of the company’s common stock on Feb 19 ’25 at a price of $69.84 per share for a total of $0.17 million. Following the sale, the insider now owns 38790.0 shares.
Still, SEC filings show that on Feb 13 ’25, McIntosh Scott B (VP, Controller, CAO) disposed off 6,700 shares at an average price of $69.76 for $0.47 million. The insider now directly holds 21,643 shares of CMS Energy Corporation (CMS).
