CMS Energy (CMS) Receives Media Impact Score of 0.31
News stories about CMS Energy (NYSE:CMS) have been trending positive on Thursday, according to Accern. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. CMS Energy earned a media sentiment score of 0.31 on Accern’s scale. Accern also assigned media stories about the utilities provider an impact score of 46.9980884817464 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Consumers Energy : Delivers $2.6 Million Check to General Motors for Energy Efficiency Measures (4-traders.com)
- MahaRERA dismisses complaint against Bhujbal co (mumbaimirror.indiatimes.com)
- Registration underway for 2018 Duke Energy Academy at Purdue (purdue.edu)
- Myanmar CMs woo global investors at Horasis Asia Meeting in India (mizzima.com)
- Solar happy, other smaller renewable energy operators promise … – Crain’s Detroit Business (crainsdetroit.com)
Shares of CMS Energy (NYSE CMS) traded up $0.17 during mid-day trading on Thursday, reaching $49.58. The company’s stock had a trading volume of 1,918,317 shares, compared to its average volume of 1,835,250. CMS Energy has a one year low of $40.01 and a one year high of $50.85. The company has a quick ratio of 0.59, a current ratio of 0.94 and a debt-to-equity ratio of 1.99. The firm has a market cap of $13,906.05, a price-to-earnings ratio of 25.29, a PEG ratio of 3.51 and a beta of 0.19.
CMS Energy (NYSE:CMS) last posted its quarterly earnings data on Thursday, October 26th. The utilities provider reported $0.62 EPS for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.07. CMS Energy had a return on equity of 12.30% and a net margin of 8.38%. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.60 billion. During the same quarter in the previous year, the business earned $0.70 EPS. The company’s quarterly revenue was down 3.8% compared to the same quarter last year. analysts predict that CMS Energy will post 2.17 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Friday, November 3rd were paid a $0.3325 dividend. This represents a $1.33 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date of this dividend was Thursday, November 2nd. CMS Energy’s dividend payout ratio is presently 68.91%.
A number of research analysts recently issued reports on CMS shares. SunTrust Banks restated a “hold” rating and set a $47.00 price objective on shares of CMS Energy in a research report on Wednesday, October 4th. KeyCorp reiterated a “buy” rating and set a $51.00 price target on shares of CMS Energy in a research report on Friday, October 20th. Royal Bank Of Canada reiterated a “hold” rating and set a $46.00 price target on shares of CMS Energy in a research report on Monday, September 11th. Morgan Stanley set a $49.00 price target on CMS Energy and gave the stock a “hold” rating in a research report on Thursday, August 10th. Finally, Zacks Investment Research upgraded CMS Energy from a “sell” rating to a “hold” rating in a research report on Friday, October 27th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. CMS Energy has an average rating of “Buy” and a consensus target price of $48.90.
In other news, insider David G. Mengebier sold 2,500 shares of the business’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $49.48, for a total value of $123,700.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Dhenuvakonda Rao Venkat sold 1,000 shares of the business’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $48.02, for a total value of $48,020.00. Following the completion of the sale, the insider now directly owns 28,176 shares in the company, valued at approximately $1,353,011.52. The disclosure for this sale can be found here. 0.65% of the stock is currently owned by insiders.
About CMS Energy
CMS Energy Corporation is an energy company operating primarily in Michigan. The Company operates through three segments: electric utility, which consists of regulated activities associated with the generation, transmission and distribution of electricity in Michigan; gas utility, which consists of regulated activities associated with the transportation, storage and distribution of natural gas in Michigan, and enterprises, which consists of various subsidiaries engaging primarily in domestic independent power production.
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