Gold is 2025’s best performer. UBS sees more upside
In a remarkable display of resilience and growth, CMS Energy Corporation (NYSE:CMS)’s stock has soared to an all-time high, reaching a price level of $73.77, with a market capitalization of $22 billion. According to InvestingPro analysis, the company stands out with an impressive 18-year streak of consecutive dividend increases, currently offering a 2.97% yield. This significant milestone underscores the company’s robust performance and investor confidence, as the stock has witnessed an impressive 1-year change, climbing by 25.03%, with a year-to-date return of 10.46%. The achievement of this all-time high reflects a period of strategic successes and a favorable market environment, positioning CMS Energy as a standout performer in its sector. While the stock currently trades at a P/E ratio of 22.05, InvestingPro analysis suggests the stock may be slightly overvalued at current levels. Investors and analysts alike are closely monitoring the stock’s trajectory, as it continues to navigate through the dynamic energy market landscape. For deeper insights and additional ProTips about CMS Energy, including detailed valuation metrics and growth prospects, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, CMS Energy reported fourth-quarter earnings that aligned with analyst expectations, but revenue fell short of estimates. The company announced adjusted earnings per share of $0.87, meeting projections, while revenue reached $1.99 billion, below the anticipated $2.11 billion. Despite the revenue miss, CMS Energy raised its earnings guidance for 2025, now expecting adjusted earnings per share between $3.54 and $3.60, slightly above the previous guidance. Additionally, CMS Energy’s Board of Directors increased the quarterly dividend to 54.25 cents per share, up from 51.50 cents, translating to an annual yield of about 3.2%.
Barclays (LON:BARC) recently upgraded CMS Energy’s stock rating from Equalweight to Overweight, raising the price target to $75 from $68. This decision was influenced by potential earnings growth from energy efficiency initiatives and renewable energy investments in Michigan. Analyst Nicholas Campanella from Barclays highlighted the company’s opportunity to earn on Power Purchase Agreement Full Capacity Market as part of the Renewable Energy Plan. Furthermore, CMS Energy’s CEO, Garrick Rochow, emphasized operational improvements, including restoring power to over 93% of customers within 24 hours and securing over 360 megawatts of new load through economic development efforts. These developments reflect a potentially constructive regulatory environment in Michigan, which could positively impact CMS Energy’s long-term earnings growth.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.