With a market cap of $23.5 billion, CMS Power Company (CMS) supplies electrical energy and pure gasoline to roughly 1.9 million electrical and 1.8 million gasoline clients throughout residential, business, and industrial sectors. It operates by means of Electrical Utility, Gasoline Utility, and NorthStar Clear Power segments, with a powerful give attention to energy technology, power distribution, and renewable power improvement.
Shares of the Jackson, Michigan-based firm have lagged behind the broader market over the previous 52 weeks. CMS inventory has returned 9.9% over this timeframe, whereas the broader S&P 500 Index ($SPX) has rallied 11.8%. Nevertheless, shares of the corporate are up 9.7% on a YTD foundation, outpacing SPX’s marginal decline.
Trying nearer, shares of the power firm have underperformed the State Avenue Utilities Choose Sector SPDR ETF’s (XLU) 17.1% improve over the previous 52 weeks.
Shares of CMS Power Company rose 1.8% on Feb. 5 after the corporate reported sturdy This fall 2025 outcomes, with adjusted EPS of $3.61, up from $3.34 in 2024 and above steerage, pushed largely by outperformance at NorthStar Clear Power. Investor sentiment was additional boosted as CMS Power raised its 2026 adjusted EPS steerage to a spread of $3.83 – $3.90 and reaffirmed long-term adjusted EPS development of 6% to eight%.
For the fiscal 12 months ending in December 2026, analysts count on CMS’ EPS to develop 6.9% year-over-year to $3.86. The corporate’s earnings shock historical past is combined. It beat the consensus estimates in three of the final 4 quarters whereas lacking on one other event.
Among the many 16 analysts overlaying the inventory, the consensus ranking is a “Reasonable Purchase.” That’s based mostly on eight “Sturdy Purchase” rankings and eight “Holds.”
On Feb. 11, Jefferies analyst Julien Dumoulin Smith reiterated a “Purchase” ranking on CMS Power Company and set a worth goal of $84.
As of writing, the inventory is buying and selling above the imply worth goal of $79.15. The Avenue-high worth goal of $87 suggests a 13.4% potential upside.
On the date of publication, Sohini Mondal didn’t have (both instantly or not directly) positions in any of the securities talked about on this article. All info and knowledge on this article is solely for informational functions. This text was initially printed on Barchart.com
