Analysts See $0.43 EPS for CMS Energy Corporation (CMS)

July 18, 2017 - By Marry Poplack

 Analysts See $0.43 EPS for CMS Energy Corporation (CMS)
Investors sentiment increased to 1.02 in 2016 Q4. Its up 0.08, from 0.94 in 2016Q3. It is positive, as 35 investors sold CMS Energy Corporation shares while 157 reduced holdings. 50 funds opened positions while 146 raised stakes. 240.61 million shares or 0.20% less from 241.09 million shares in 2016Q3 were reported.
Quantitative Invest Mgmt Limited Company reported 0.08% stake. Loomis Sayles And L P reported 14,047 shares stake. Kanaly reported 0% of its portfolio in CMS Energy Corporation (NYSE:CMS). Moreover, Franklin Res has 0.11% invested in CMS Energy Corporation (NYSE:CMS). Fifth Third Bancorporation reported 0.09% stake. Cibc Ww Markets Inc reported 15,897 shares. Gabelli Funds Limited Liability Com owns 0.05% invested in CMS Energy Corporation (NYSE:CMS) for 206,000 shares. Clearbridge Invests Limited Liability Corporation holds 190 shares. Ameriprise Inc holds 3.41 million shares. 143,185 were reported by Insur Co Tx. 11,017 were accumulated by Timber Hill Limited Liability. Blackrock Japan Communication Limited owns 436,118 shares. Norinchukin National Bank The owns 16,932 shares. Paloma Partners Mgmt Com holds 0.03% of its portfolio in CMS Energy Corporation (NYSE:CMS) for 81,155 shares. Dnb Asset Mngmt As invested 0% of its portfolio in CMS Energy Corporation (NYSE:CMS).

Investors wait CMS Energy Corporation (NYSE:CMS) to report on July, 27. its quarterly earnings Wall Street analysts expect $0.43 EPS, down $0.02 or 4.44 % from last year’s $0.45 same quarter earnings. This translates into $121.15 million profit for CMS giving the stock a 26.74 P/E. This is assuming the current $0.43 EPS is accurate. CMS Energy Corporation’s Wall Street analysts see -39.44 % negative EPS growth, taking into account the $0.71 EPS reproted in the previous quarter, The stock increased 0.20% or $0.09 during the last trading session, reaching $46. About 1.31 million shares traded. CMS Energy Corporation (NYSE:CMS) has risen 12.78% since July 18, 2016 and is uptrending. It has underperformed by 3.92% the S&P500.

CMS Energy Corporation (NYSE:CMS) Ratings Coverage

Among 8 analysts covering CMS Energy Corporation (NYSE:CMS), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. CMS Energy Corporation had 15 analyst reports since August 31, 2015 according to SRatingsIntel. Barclays Capital maintained CMS Energy Corporation (NYSE:CMS) rating on Friday, March 18. Barclays Capital has “Equal-Weight” rating and $43 target. The company was maintained on Monday, August 29 by Suntrust Robinson. On Monday, October 19 the stock rating was maintained by Suntrust Robinson with “Neutral”. The stock has “Neutral” rating by UBS on Monday, October 26. The stock of CMS Energy Corporation (NYSE:CMS) earned “Neutral” rating by SunTrust on Monday, October 19. SunTrust maintained CMS Energy Corporation (NYSE:CMS) on Monday, September 26 with “Neutral” rating. SunTrust maintained the shares of CMS in report on Monday, March 7 with “Neutral” rating. Howard Weil initiated the shares of CMS in report on Friday, July 15 with “Sector Perform” rating. The stock of CMS Energy Corporation (NYSE:CMS) earned “Sector Perform” rating by Scotia Capital on Friday, July 15. The stock has “Neutral” rating by Credit Suisse on Wednesday, January 25.

CMS Energy Corporation is an energy firm operating primarily in Michigan. The company has market cap of $12.96 billion. The Firm operates through three divisions: 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. It has a 21.94 P/E ratio. The Firm is the parent holding firm of various subsidiaries, including Consumers Energy Company , an electric and gas utility company, and CMS Enterprises Company (CMS Enterprises), a domestic independent power producer.

More news for CMS Energy Corporation (NYSE:CMS) were recently published by: Streetinsider.com, which released: “Form 8-K CMS ENERGY CORP For: Jun 19 Filed by: CONSUMERS ENERGY CO” on June 19, 2017. Prnewswire.com‘s article titled: “CMS Energy and Consumers Energy Name JF Brossoit as Senior Vice President of …” and published on June 29, 2017 is yet another important article.

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