Companhia Energetica Minas Gerais released its earnings results on May 07, 2026. The company reported $0.067 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.017.

Is Companhia Energetica Minas Gerais overvalued?

According to Wall Street analysts Companhia Energetica Minas Gerais’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Companhia Energetica Minas Gerais pay dividends?

Companhia Energetica Minas Gerais pays a Notavailable dividend of $0.048 which represents an annual dividend yield of 12.98%. See more information on Companhia Energetica Minas Gerais dividends here

What is Companhia Energetica Minas Gerais’s EPS estimate?

Companhia Energetica Minas Gerais’s EPS estimate is 0.05.

How many shares outstanding does Companhia Energetica Minas Gerais have?

Companhia Energetica Minas Gerais has 1,905,179,900 shares outstanding.

What happened to Companhia Energetica Minas Gerais’s price movement after its last earnings report?

Companhia Energetica Minas Gerais reported an EPS of $0.067 in its last earnings report, beating expectations of $0.05. Following the earnings report the stock price went up 0.853%.

Which hedge fund is a major shareholder of Companhia Energetica Minas Gerais?

Currently, no hedge funds are holding shares in CIG

What is the TipRanks Smart Score and how is it calculated?

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Companhia Energetica Minas Gerais Stock Smart Score

Neutral

Fundamentals

Return on Equity

16.88%

Trailing 12-Months

Asset Growth

17.02%

Trailing 12-Months

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Company Description

Companhia Energetica Minas Gerais

Companhia Energética de Minas Gerais (CIG) is a prominent Brazilian energy company whose operations, conducted through its various subsidiaries, span the entire electricity value chain: generation, transmission, distribution, and retail. As of December 31, 2021, CIG's substantial infrastructure included 70 hydroelectric, wind, and solar power plants with a collective installed capacity of 5,700 megawatts. Its extensive network also featured 339,086 miles of distribution lines and 4,449 miles of transmission lines. Beyond its core electricity business, the company is active in the gas sector, handling the acquisition, transportation, and distribution of natural gas and its derivatives. Furthermore, CIG offers a diverse range of technology services, including cloud solutions, IT infrastructure and management, cybersecurity, and specialized systems for the operational oversight of public service concessions. Its portfolio extends to energy trading, telecommunications services, distributed generation initiatives, client account services, cogeneration projects, energy efficiency programs, and comprehensive supply and storage management. Established in 1952, Companhia Energética de Minas Gerais maintains its corporate headquarters in Belo Horizonte, Brazil.

Companhia Energetica Minas Gerais (CIG) Earnings & Revenues

Historic Earnings Reports

CIG Company Deck

CIG Earnings Call

Q1 2026

0:00 / 0:00

Earnings Call Sentiment|Neutral

Cemig's earnings call highlighted substantial investments and achievements, such as maintaining a strong credit rating and receiving industry recognition. However, these positives were balanced by significant financial challenges, including declines in EBITDA and net profit, as well as market pressures. Overall, the sentiment reflects resilience amid difficulties.View all CIG earnings summaries