Companhia Energetica Minas Gerais released its earnings results on May 07, 2025. The company reported $0.064 earnings per share for the quarter, beating the consensus estimate of $0.049 by $0.015.

Is Companhia Energetica Minas Gerais overvalued?

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

Does Companhia Energetica Minas Gerais pay dividends?

Companhia Energetica Minas Gerais pays a Notavailable dividend of $0.032 which represents an annual dividend yield of 18.95%. 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 $0.064 in its last earnings report, beating expectations of $0.049. Following the earnings report the stock price went up 3.468%.

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

Currently, no hedge funds are holding shares in CIG

Companhia Energetica Minas Gerais Stock Smart Score

Neutral

Fundamentals

Return on Equity

26.38%

Trailing 12-Months

Asset Growth

-2.78%

Trailing 12-Months

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Company Description

Companhia Energetica Minas Gerais

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

CIG Company Deck

CIG Earnings Call

Q4 2025

0:00 / 0:00

Earnings Call Sentiment|Neutral

Cemig's Q1 2025 earnings call presented a mixed outlook. The company achieved strong operational and financial highlights, such as a robust EBITDA, successful debenture issuance, and significant investments, indicating resilience and strategic growth. However, challenges in the trading company and the impact of submarket price differences contributed to a decline in EBITDA and net profit. Despite these challenges, the overall sentiment leans towards resilience and strategic focus on growth and efficiency.Read More>