CMS Energy Beheer
Beheer criteriumcontroles 4/4
De CEO CMS Energy is Garrick Rochow, benoemd in Dec2020, heeft een ambtstermijn van 5.75 jaar. De totale jaarlijkse vergoeding van { bedraagt $ 10.53M, bestaande uit 12.1% salaris en 87.9% bonussen, inclusief aandelen en opties van het bedrijf. bezit rechtstreeks 0.2% van de aandelen van het bedrijf, ter waarde $ 43.17M. De gemiddelde ambtstermijn van het managementteam en de raad van bestuur bedraagt respectievelijk 2.7 jaar en 7.7 jaar.
Belangrijke informatie
Garrick Rochow
Algemeen directeur
US$10.5m
Totale compensatie
| Percentage CEO-salaris | 12.10% |
| Dienstverband CEO | 5.8yrs |
| Eigendom CEO | 0.2% |
| Management gemiddelde ambtstermijn | 2.7yrs |
| Gemiddelde ambtstermijn bestuur | 7.7yrs |
Recente managementupdates
Recent updates
Seeking Alpha • Sep 08
CMS Energy: Snatch Up This Future Dividend Aristocrat Now
Summary CMS Energy remains positioned to become a Dividend Aristocrat early next decade. The regulated utility topped the analyst consensus for both operating revenue and adjusted EPS in the second quarter. CMS Energy possesses a BBB S&P credit rating with a stable outlook. The stock is trading at an 11% discount to my updated fair value estimate. CMS Energy is set up for a 17% total return through September 2027 and 11% annual total returns by the end of 2031. Read the full article on Seeking Alpha
Narratiefupdate • Jun 07
CMS: Michigan Regulation And Data Center Load Will Shape Future Execution Risks
Analysts have trimmed the CMS Energy price target by $1.86 to $79.79 as they factor in updated regulatory filings, a lower assumed future P/E multiple, and refreshed views on growth, margins, and data center related risks. Analyst Commentary Recent research on CMS Energy reflects a mix of confidence in the company’s long term growth profile and caution around execution risks, valuation assumptions, and emerging sector level pressures such as data center related load and pushback.Narratiefupdate • May 14
CMS: Michigan Regulation And Data Center Demand Will Drive Future Execution
Analysts have nudged the fair value estimate for CMS Energy slightly lower to about $81.64 from roughly $81.93, reflecting recent trims to Street price targets around $82, even as views on regulation, capital plans, and growth opportunities remain supportive. Analyst Commentary Recent Street research on CMS Energy shows a mix of cautious fine tuning and ongoing confidence in the company’s ability to execute on its plan, with most commentary clustering around regulation, capital allocation, and long term growth drivers such as large load and data center demand.Narratiefupdate • Apr 27
CMS: Michigan Regulatory Outcomes And Data Center Load Will Guide Execution
Analysts have nudged the CMS Energy fair value estimate higher to about $81.93 from $79.92, reflecting updated price targets that cluster around a more optimistic view on regulatory conditions, large load growth from data centers, and the company's capital plan. Analyst Commentary Recent Street research on CMS Energy clusters around a more constructive view of the company’s setup, even as some price targets have been fine tuned.Narratiefupdate • Apr 13
CMS: Michigan Policy And Data Center Demand Will Shape Execution And Valuation
Analysts have nudged their average price targets on CMS Energy higher by a few dollars, now centering around the low $80s. They cite recent research that focuses on regulatory and political developments in Michigan, data center load growth, capital plans, and updated views on future P/E assumptions.Narratiefupdate • Mar 29
CMS: Future Tradeoff Between Michigan Policy And Data Center Expansion Will Persist
Narrative Update The analyst price target for CMS Energy has edged higher by about $1, with analysts pointing to discussions around Michigan's regulatory and political backdrop, data center demand, capital plans, and future generation needs as key supports for their updated views. Analyst Commentary Recent Street research on CMS Energy has centered on price target adjustments across several firms, paired with consistent focus on regulation in Michigan, large customer demand, and capital planning.Narratiefupdate • Mar 14
CMS: Future Risk Reward Will Hinge On Michigan Regulation And Data Center Demand
Analysts have slightly raised their average price target on CMS Energy, reflecting a series of recent upward revisions in the $1 to $4 range that they attribute to discussions around regulation in Michigan, data center demand, the capital plan, and longer term growth drivers. Analyst Commentary Recent research updates on CMS Energy point to a modestly higher valuation framework, with several firms adjusting price targets in a tight $1 to $4 band.Narratiefupdate • Feb 27
CMS: Future Risk Reward Will Hinge On Earnings Execution And Dividend Policy
The analyst price target for CMS Energy in our framework has moved slightly higher to about $78.85 from $78.08, reflecting a series of updated Street targets around $79 to $80 as analysts factor in recent sector revisions, as well as their views on upcoming earnings and data center exposure. Analyst Commentary Street research on CMS Energy has centered on a cluster of target revisions in a relatively tight US$74 to US$80 range, as firms refresh their views ahead of upcoming earnings and reassess the sector.Narratiefupdate • Feb 12
CMS: Balanced Earnings Execution And Dividend Policy Will Shape Future Risk Reward
The analyst price target for CMS Energy has shifted modestly higher to reflect a new fair value estimate of about $78. This change comes as analysts factor in a slightly stronger profit margin outlook and updated P/E assumptions, alongside a series of recent target changes from firms including BMO Capital, Mizuho, Morgan Stanley, BofA and Barclays.Narratiefupdate • Jan 29
CMS: Constructive Regulation And Execution Risks Will Shape Future Risk Reward Balance
Analysts have adjusted their price target on CMS Energy to reflect a modest change in fair value to about $77 and a slightly lower assumed future P/E, citing a mix of updated views from recent research, including a $3 increase at one firm and an $8 reduction at another. Analyst Commentary Recent research on CMS Energy reflects a split view on how the current share price lines up with the new fair value estimate of about $77 and the slightly lower assumed future P/E.Narratiefupdate • Jan 09
CMS: Constructive Michigan Regulation And Data Center Demand Will Shape Future Returns
Analysts have inched their blended fair value estimate for CMS Energy to about $78.38 per share, reflecting slightly higher price targets in recent research that highlight steady earnings expectations, supportive regulatory outcomes in Michigan, and ongoing interest in utilities as the group gains more attention. Analyst Commentary Recent research on CMS Energy clusters around a mid to high $70s fair value range, with a mix of cautious and constructive views on both execution and valuation.Narratiefupdate • Dec 18
CMS: Data Center Demand And Regulation Will Shape Future Load And Earnings Visibility
Analysts have nudged their average price target for CMS Energy slightly lower to about $78, reflecting a modestly higher long term growth outlook but slightly lower projected margins and valuation multiples, amid still supportive views on the company’s regulatory backdrop and load growth. Analyst Commentary Analyst views on CMS Energy remain balanced, with recent actions reflecting both recognition of the company’s solid execution and questions around how much of that strength is already captured in the share price.Analyse-artikel • Dec 13
Estimating The Intrinsic Value Of CMS Energy Corporation (NYSE:CMS)
Key Insights The projected fair value for CMS Energy is US$64.40 based on Dividend Discount Model With US$69.84 share...Narratiefupdate • Dec 03
CMS: Data Center Demand And Regulation Will Shape Balanced Future Outlook
Analysts have nudged their fair value estimate for CMS Energy slightly higher to about $78.62 from $78.31, citing upwardly revised price targets supported by improving growth visibility, premium valuation expectations versus peers, and a constructive regulatory backdrop. Analyst Commentary Recent Street research reflects a broadly constructive stance on CMS Energy, with incremental price target increases anchored in expectations for solid execution, stable regulatory outcomes, and improving growth visibility across its service territory.Narratiefupdate • Nov 19
CMS: Regulatory Decisions And Market Trends Will Shape Stable Outlook
Analysts have increased their price target for CMS Energy, raising it from $76 to $79 per share. They cite steady growth prospects, constructive regulatory outcomes, and the company’s strong management within the utilities sector.Narratiefupdate • Nov 05
CMS: Favorable Michigan Load Growth And Regulatory Backdrop Will Support Steady Utility Returns
Analysts have modestly increased their price target for CMS Energy from $77.58 to $78.31 per share, citing the company's resilient fundamentals, improved profit margins, and supportive regulatory environment. Analyst Commentary Recent analyst research on CMS Energy presents a nuanced outlook, balancing positive expectations regarding the company’s growth prospects with caution surrounding industry dynamics and valuation considerations.Narratiefupdate • Oct 21
Analysts Raise CMS Energy Price Target on Positive Michigan Trends and Regulatory Developments
Narrative Update on CMS Energy: Analyst Price Target Change Analysts have increased their price target for CMS Energy by $1.04 to $77.58, citing the company's strong management, favorable growth trends in Michigan, and positive regulatory developments that support premium valuation prospects. Analyst Commentary Street research coverage has highlighted both strengths and cautions regarding CMS Energy's outlook.Seeking Alpha • Jan 27
I'm Loading Up On Utilities Like CMS Energy
Summary CMS Energy has raised its dividend for 17 consecutive years and has a realistic path to high-single-digit annual adjusted EPS growth. The company enjoys a BBB+ credit rating and shares are priced at a 6% discount to fair value, offering potential 10% annual total returns. CMS' third-quarter results were solid, with a 37.7% year-over-year increase in adjusted EPS, and the company has a strong economic development pipeline in Michigan. Despite some risks, CMS's capital spending plan and financial stability support continued dividend growth and a high-single-digit annual adjusted EPS growth rate, making it a buy. Read the full article on Seeking AlphaSeeking Alpha • Sep 10
CMS Energy: A Strong Company, But At A High Price
Summary CMS Energy is a solid utility company in Michigan, offering stable earnings and dividends, but currently trades at a premium price. The company faces risks from significant debt, upcoming expenses for phasing out coal plants, and reliance on Michigan's economic conditions. Despite favorable operating margins, CMS Energy's high debt limits cash flow, impacting its ability to grow dividends significantly. I recommend holding CMS Energy stock; consider selling if bought at lower prices due to unsustainable current momentum and high valuation. Read the full article on Seeking AlphaSeeking Alpha • Jun 13
CMS Energy: A Midwest Utility Worth Buying
Summary Utilities can provide a source of relatively stable income to shareholders. CMS Energy's operating results were mixed in the first quarter, but its fundamentals appear to be holding up. The electric and gas utility's interest coverage ratio is healthy. CMS could be trading at a 9% discount to fair value. The electric and gas utility's growth prospects and undervaluation could power double-digit annual total returns through 2026. Read the full article on Seeking AlphaAnalyse CEO-vergoeding
| Datum | Totale vergoeding | Salaris | Bedrijfswinsten |
|---|---|---|---|
| Jun 30 2026 | n/a | n/a | US$1b |
| Mar 31 2026 | n/a | n/a | US$1b |
| Dec 31 2025 | US$11m | US$1m | US$1b |
| Sep 30 2025 | n/a | n/a | US$1b |
| Jun 30 2025 | n/a | n/a | US$1b |
| Mar 31 2025 | n/a | n/a | US$1b |
| Dec 31 2024 | US$10m | US$1m | US$993m |
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$960m |
| Mar 31 2024 | n/a | n/a | US$959m |
| Dec 31 2023 | US$10m | US$1m | US$876m |
| Sep 30 2023 | n/a | n/a | US$738m |
| Jun 30 2023 | n/a | n/a | US$727m |
| Mar 31 2023 | n/a | n/a | US$678m |
| Dec 31 2022 | US$9m | US$1m | US$823m |
| Sep 30 2022 | n/a | n/a | US$772m |
| Jun 30 2022 | n/a | n/a | US$765m |
| Mar 31 2022 | n/a | n/a | US$778m |
| Dec 31 2021 | US$7m | US$1m | US$746m |
| Sep 30 2021 | n/a | n/a | US$763m |
| Jun 30 2021 | n/a | n/a | US$813m |
| Mar 31 2021 | n/a | n/a | US$783m |
| Dec 31 2020 | US$3m | US$638k | US$697m |
| Sep 30 2020 | n/a | n/a | US$730m |
| Jun 30 2020 | n/a | n/a | US$731m |
| Mar 31 2020 | n/a | n/a | US$696m |
| Dec 31 2019 | US$2m | US$540k | US$631m |
Compensatie versus markt: De totale vergoeding ($USD 10.53M ) Garrick } is ongeveer het gemiddelde voor bedrijven van vergelijkbare omvang in de US markt ($USD 14.74M ).
Compensatie versus inkomsten: De vergoeding van Garrick is het afgelopen jaar in lijn geweest met de bedrijfsprestaties.
CEO
Garrick Rochow (51 yo)
5.8yrs
Tenure
US$10,534,039
Compensatie
Mr. Garrick J. Rochow serves as an Independent Director at Hubbell Incorporated since November 19, 2024. He is Director of New Community Transformation Fund, LP. He has been Chief Executive Officer and Pre...
Leiderschapsteam
| Naam | Positie | Tenure | Compensatie | Eigendom |
|---|---|---|---|---|
| President | 5.8yrs | US$10.53m | 0.20% $ 43.2m | |
| Executive VP & COO | 1.2yrs | US$2.03m | 0.022% $ 4.7m | |
| EVP of Business Transformation & Chief Legal & Administrative Officer | 7.3yrs | US$2.79m | 0.035% $ 7.4m | |
| Senior Vice President of Strategy | 3.4yrs | US$2.17m | 0.021% $ 4.5m | |
| SVP and President of Gas Delivery of Consumers Energy Company | 1.2yrs | US$2.40m | 0.030% $ 6.3m | |
| CFO & Executive VP | less than a year | geen gegevens | 0.011% $ 2.4m | |
| Chief Accounting Officer | 5yrs | geen gegevens | 0.0077% $ 1.6m | |
| VP of Digital Products & Technology and Chief Digital Officer | less than a year | geen gegevens | geen gegevens | |
| VP of IT & Security and Chief Information Officer | 2.6yrs | geen gegevens | geen gegevens | |
| Treasurer & VP of Investor Relations | 2.8yrs | geen gegevens | geen gegevens | |
| VP, Chief Compliance Officer & Corporate Secretary | 12.9yrs | geen gegevens | geen gegevens | |
| Vice President of Human Resources | less than a year | geen gegevens | geen gegevens |
2.7yrs
Gemiddelde duur
49yo
Gemiddelde leeftijd
Ervaren management: Het managementteam van CMS wordt beschouwd als ervaren (gemiddelde ambtstermijn 2.7 jaar).
Bestuursleden
| Naam | Positie | Tenure | Compensatie | Eigendom |
|---|---|---|---|---|
| President | 5.8yrs | US$10.53m | 0.20% $ 43.2m | |
| Independent Chairman of the Board | 16.3yrs | US$465.00k | 0.042% $ 8.9m | |
| Independent Director | 6.8yrs | US$310.00k | 0.0059% $ 1.3m | |
| Independent Director | 11.7yrs | US$300.00k | 0.012% $ 2.5m | |
| Independent Director | 3.3yrs | US$300.00k | 0.0027% $ 566.7k | |
| Independent Director | 11.2yrs | US$315.00k | 0.011% $ 2.4m | |
| Independent Presiding Director | 13.6yrs | US$325.00k | 0.014% $ 3.0m | |
| Independent Director | 7.7yrs | US$320.00k | 0.0068% $ 1.4m | |
| Independent Director | less than a year | geen gegevens | 0.00088% $ 186.8k | |
| Independent Director | 11.7yrs | US$320.00k | 0.012% $ 2.6m | |
| Independent Director | less than a year | geen gegevens | 0.0010% $ 214.4k |
7.7yrs
Gemiddelde duur
64yo
Gemiddelde leeftijd
Ervaren bestuur: De raad van bestuur van CMS wordt beschouwd als ervaren (gemiddelde ambtstermijn 7.7 jaar).
Bedrijfsanalyse en status van financiële gegevens
| Gegevens | Laatst bijgewerkt (UTC-tijd) |
|---|---|
| Bedrijfsanalyse | 2026/09/11 16:43 |
| Aandelenkoers aan het einde van de dag | 2026/09/11 00:00 |
| Inkomsten | 2026/06/30 |
| Jaarlijkse inkomsten | 2025/12/31 |
Gegevensbronnen
De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.
| Pakket | Gegevens | Tijdframe | Voorbeeld Amerikaanse bron * |
|---|---|---|---|
| Financiële gegevens bedrijf | 10 jaar |
| |
| Consensus schattingen analisten | +3 jaar |
|
|
| Marktprijzen | 30 jaar |
| |
| Eigendom | 10 jaar |
| |
| Beheer | 10 jaar |
| |
| Belangrijkste ontwikkelingen | 10 jaar |
|
* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.
Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.
Analysemodel en Snowflake
Details van het analysamodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina, we hebben ook handleidingen over hoe u onze rapporten kunt gebruiken en tutorials op YouTube.
Leer meer over het dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.
Industrie en sector
Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.
Bronnen van analisten
CMS Energy Corporation wordt gevolgd door 29 analisten. 11 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.
| Analist | Instelling |
|---|---|
| Jacob Kilstein | Argus Research Company |
| David Parker | Baird |
| Daniel Ford | Barclays |