Impact of Brokerage Rating on CMS Energy Corporation(CMS)

Many CMS Energy Corporation(CMS) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. CMS Energy Corporation was Initiated by Credit Suisse to Neutral on Jan 25, 2017.

Company has reported several Insider transactions to the SEC, on Aug 23, 2016, Brian F Rich (SVP and CIO) sold 2,135 shares at 43.17 per share price.On Aug 11, 2016, Catherine M Reynolds (SVP and General Counsel) sold 11,032 shares at 43.59 per share price.On May 26, 2016, Daniel J Malone (Senior Vice President) sold 3,639 shares at 40.95 per share price.

CMS Energy Corporation Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.28 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.29. The company had revenue of $1640.00 million for the quarter, compared to analysts expectations of $2147.80 million. The companys revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.

CMS Energy Corporation (NYSE:CMS) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.56 by 9 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 7 Brokerage Firms have advised hold.

CMS Energy Corporation (NYSE:CMS): 7 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $44.5 in CMS Energy Corporation (NYSE:CMS). However, the stock price could fluctuate by $ 2.1 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $48 price target with the lower price estimate is calculated at $43

CMS Energy Corporation (NYSE:CMS) witnessed a decline in the market cap on Tuesday as its shares dropped 0.81% or 0.35 points. After the session commenced at $42.99, the stock reached the higher end at $43.1 while it hit a low of $42.63. With the volume soaring to 1,308,710 shares, the last trade was called at $42.78. The company has a 52-week high of $46.25. The company has a market cap of $11,979 million and there are 280,014,900 shares in outstanding. The 52-week low of the share price is $38.32.

CMS Energys business strategy is focused primarily on its principal subsidiary, Consumers Energy, an electric and natural gas utility serving about 6.5 million of Michigans 10 million residents. With its CMS Enterprises subsidiary, CMS Energy also is engaged in independent power generation in several states.


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