tiprankstipranks
Trending News
More News >
Companhia Energetica Minas Gerais (CIG)
NYSE:CIG
Advertisement

Companhia Energetica Minas Gerais (CIG) Price & Analysis

Compare
532 Followers

CIG Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
DividendsThe one-offs in the net income could result in a 4% additional dividend yield.
PrivatizationThe privatization process is the main upside risk, potentially boosting stock value.
Bears Say
Operational PerformanceCemig reported soft operational results with Adj. EBITDA down 10% YoY.
Privatization ComplexityThere is a low likelihood of Minas Gerais state-owned enterprises' privatization concluding due to complexity.

Financials

Ownership Overview

0.87%<0.01%97.00%
Insiders
<0.01% Other Institutional Investors
97.00% Public Companies and
Individual Investors

CIG FAQ

What was Companhia Energetica Minas Gerais’s price range in the past 12 months?
Companhia Energetica Minas Gerais lowest stock price was $1.59 and its highest was $2.19 in the past 12 months.
    What is Companhia Energetica Minas Gerais’s market cap?
    Companhia Energetica Minas Gerais’s market cap is $6.08B.
      When is Companhia Energetica Minas Gerais’s upcoming earnings report date?
      Companhia Energetica Minas Gerais’s upcoming earnings report date is Aug 13, 2025 which is in 20 days.
        How were Companhia Energetica Minas Gerais’s earnings last quarter?
        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

                    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>
                    Similar Stocks
                    Company
                    Price & Change
                    Follow
                    Brookfield Infrastructure
                    Companhia Paranaense de Energia Pfd
                    Sempra Energy
                    AES
                    Companhia Paranaense de Energia Sponsored ADR
                    Popular Stocks
                    What am I Missing?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis