Somewhat Positive Media Coverage Somewhat Unlikely to Affect CMS Energy (CMS) Share Price
Headlines about CMS Energy (NYSE:CMS) have trended somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. CMS Energy earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned headlines about the utilities provider an impact score of 47.712995881445 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s scoring:
- CMS Energy (CMS) Meets Q4 Earnings, Tops Sales Estimate (finance.yahoo.com)
- CMS Energy (CMS) Q4 Earnings Meets Estimates, Hikes '18 View (finance.yahoo.com)
- CMS Energy (CMS) Issues Earnings Results, Hits Expectations (americanbankingnews.com)
- CMS Energy Delivers Its 15th Year Of Strong Operational And Financial Results; Raises 2018 Guidance (finance.yahoo.com)
- CMS Energy reports 4Q loss (finance.yahoo.com)
Shares of CMS Energy (NYSE:CMS) traded down $0.15 during trading hours on Wednesday, reaching $42.90. The company had a trading volume of 5,000,000 shares, compared to its average volume of 3,020,000. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.59 and a current ratio of 0.94. The company has a market capitalization of $12,100.00, a PE ratio of 22.23, a P/E/G ratio of 2.87 and a beta of 0.09. CMS Energy has a 52 week low of $40.48 and a 52 week high of $50.85.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Friday, February 16th will be issued a dividend of $0.3575 per share. The ex-dividend date is Thursday, February 15th. This represents a $1.43 dividend on an annualized basis and a yield of 3.33%. This is a positive change from CMS Energy’s previous quarterly dividend of $0.33. CMS Energy’s dividend payout ratio is currently 68.91%.
A number of research analysts have recently commented on CMS shares. KeyCorp reaffirmed a “buy” rating and set a $51.00 target price on shares of CMS Energy in a research note on Friday, October 20th. Bank of America began coverage on CMS Energy in a research note on Tuesday, October 24th. They issued a “buy” rating and a $52.00 price objective on the stock. Zacks Investment Research raised CMS Energy from a “sell” rating to a “hold” rating in a research note on Friday, October 27th. Morgan Stanley reissued an “equal weight” rating and issued a $52.00 price objective on shares of CMS Energy in a research note on Wednesday, December 13th. Finally, Wells Fargo & Co raised CMS Energy from a “market perform” rating to an “outperform” rating in a research note on Monday, December 18th. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $48.41.
In other CMS Energy news, insider David G. Mengebier sold 2,500 shares of the company’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $49.48, for a total transaction of $123,700.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.65% of the stock is owned by corporate insiders.
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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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