CMS Energy (CMS) Getting Somewhat Positive News Coverage, Study Shows

News articles about CMS Energy (NYSE:CMS) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CMS Energy earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave press coverage about the utilities provider an impact score of 46.3837963409488 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

CMS Energy (CMS) traded down $0.38 during trading hours on Friday, hitting $44.01. 3,401,555 shares of the company were exchanged, compared to its average volume of 2,301,656. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.94 and a quick ratio of 0.59. The stock has a market cap of $12,510.00, a PE ratio of 22.80, a P/E/G ratio of 3.05 and a beta of 0.19. CMS Energy has a 1 year low of $41.58 and a 1 year high of $50.85.

CMS Energy (NYSE:CMS) last posted its quarterly earnings data on Thursday, October 26th. The utilities provider reported $0.62 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.07. The firm had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.60 billion. CMS Energy had a net margin of 8.38% and a return on equity of 12.30%. The firm’s quarterly revenue was down 3.8% on a year-over-year basis. During the same quarter last year, the company posted $0.70 EPS. equities analysts predict that CMS Energy will post 2.17 earnings per share for the current year.

A number of brokerages have recently issued reports on CMS. Zacks Investment Research upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a report on Tuesday. Guggenheim restated a “hold” rating and set a $50.00 price target on shares of CMS Energy in a report on Wednesday, January 3rd. SunTrust Banks restated a “hold” rating and set a $46.00 price target on shares of CMS Energy in a report on Tuesday, December 26th. Wells Fargo & Co upgraded shares of CMS Energy from a “market perform” rating to an “outperform” rating in a report on Monday, December 18th. Finally, KeyCorp restated a “buy” rating and set a $51.50 price target on shares of CMS Energy in a report on Friday, December 15th. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $49.25.

In related news, insider David G. Mengebier sold 2,500 shares of the stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $49.48, for a total transaction of $123,700.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Dhenuvakonda Rao Venkat sold 1,000 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $48.02, for a total transaction of $48,020.00. Following the transaction, the insider now directly owns 28,176 shares of the company’s stock, valued at approximately $1,353,011.52. The disclosure for this sale can be found here. Company insiders own 0.65% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for CMS Energy (NYSE:CMS)

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