Closing Figures Unveiled: CMS Energy Corporation (CMS) Drop -2.21, Closes at 66.36

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CMS Energy Corporation (NYSE: CMS) closed the day trading at $66.36 down -2.21% from the previous closing price of $67.86. In other words, the price has decreased by -$2.21 from its previous closing price. On the day, 5.85 million shares were traded. CMS stock price reached its highest trading level at $68.035 during the session, while it also had its lowest trading level at $65.09.

Ratios:

For a better understanding of CMS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 1.99 whereas as Long-Term Debt/Eq ratio is at 1.93.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on November 05, 2024, initiated with a Buy rating and assigned the stock a target price of $76.

On October 15, 2024, Mizuho Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $76 to $72.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 04 ’24 when Hofmeister Brandon J. sold 2,000 shares for $68.85 per share. The transaction valued at 137,709 led to the insider holds 66,771 shares of the business.

Hofmeister Brandon J. bought 2,000 shares of CMS for $137,820 on Sep 04 ’24. On Aug 01 ’24, another insider, Rich Brian F, who serves as the Senior Vice President of the company, sold 4,000 shares for $66.00 each. As a result, the insider received 263,982 and left with 94,490 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMS now has a Market Capitalization of 20275568640 and an Enterprise Value of 36336365568. As of this moment, CMS’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.01, and their Forward P/E ratio for the next fiscal year is 18.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.65 while its Price-to-Book (P/B) ratio in mrq is 2.51. Its current Enterprise Value per Revenue stands at 4.86 whereas that against EBITDA is 13.266.

Stock Price History:

Over the past 52 weeks, CMS has reached a high of $72.40, while it has fallen to a 52-week low of $54.27. The 50-Day Moving Average of the stock is -4.97%, while the 200-Day Moving Average is calculated to be 5.47%.

Shares Statistics:

Over the past 3-months, CMS traded about 1.96M shares per day on average, while over the past 10 days, CMS traded about 2067690 shares per day. A total of 298.79M shares are outstanding, with a floating share count of 296.98M. Insiders hold about 0.60% of the company’s shares, while institutions hold 94.01% stake in the company. Shares short for CMS as of 1728950400 were 9151886 with a Short Ratio of 4.67, compared to 1726185600 on 9501025. Therefore, it implies a Short% of Shares Outstanding of 9151886 and a Short% of Float of 3.4799999999999995.

Dividends & Splits

CMS’s forward annual dividend rate is 1.54, up from 2.033 a year ago. Against a Trailing Annual Dividend Yield of 0.029958738The stock’s 5-year Average Dividend Yield is 2.9.

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