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Companhia Energetica Minas Gerais (CIG)
NYSE:CIG
RESEARCH TOOLSreports
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CIG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.62 - $2.19
Previous Close$1.97
Volume316.23K
Average Volume (3M)1.84M
Market Cap
$6.14B
Enterprise Value$7.64B
Total Cash (Recent Filing)R$2.31B
Total Debt (Recent Filing)R$10.26B
Price to Earnings (P/E)4.7
Beta0.45
Next Earnings
Nov 13, 2024EPS Estimate
$0.13Last Dividend Ex-Date
Sep 30, 2024Dividend Yield10.5%
Share Statistics
EPS (TTM)0.42
Shares Outstanding2,861,781,036
10 Day Avg. Volume1,347,569
30 Day Avg. Volume1,843,732
Standard Deviation0.12
R-Squared0.32
Alpha-0.00003
Financial Highlights & Ratios
Price to Book (P/B)0.23
Price to Sales (P/S)0.82
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Companhia Energetica Minas Gerais News
PremiumCompany Announcements
CEMIG Reports Strong Growth in Q2 2024
PremiumCompany Announcements
CEMIG Announces Dividends and Share Bonus
PremiumCompany Announcements
CEMIG Outlines Major Investments and Debentures LiquidationOwnership Overview
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Insiders
1.06% Mutual Funds
1.80% Other Institutional Investors
95.47% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CIG FAQ
What was Companhia Energetica Minas Gerais’s price range in the past 12 months?
Companhia Energetica Minas Gerais lowest stock price was $1.62 and its highest was $2.19 in the past 12 months.
What is Companhia Energetica Minas Gerais’s market cap?
Currently, no data Available
When is Companhia Energetica Minas Gerais’s upcoming earnings report date?
Companhia Energetica Minas Gerais’s upcoming earnings report date is Nov 13, 2024 which is today.
How were Companhia Energetica Minas Gerais’s earnings last quarter?
Companhia Energetica Minas Gerais released its earnings results on Aug 13, 2024. The company reported $0.103 earnings per share for the quarter, beating the consensus estimate of $0.101 by $0.002.
Is Companhia Energetica Minas Gerais overvalued?
According to Wall Street analysts Companhia Energetica Minas Gerais’s price is currently Overvalued.
Does Companhia Energetica Minas Gerais pay dividends?
Companhia Energetica Minas Gerais pays a Notavailable dividend of $0.03 which represents an annual dividend yield of 10.5%. 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 $0.13.
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 $0.103 in its last earnings report, beating expectations of $0.101. Following the earnings report the stock price went up 6.771%.
Which hedge fund is a major shareholder of Companhia Energetica Minas Gerais?
Among the largest hedge funds holding Companhia Energetica Minas Gerais’s share is Pzena Investment Management LLC. It holds Companhia Energetica Minas Gerais’s shares valued at 3M.
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Companhia Energetica Minas Gerais Stock Smart Score
Unlock Smart Score
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Blogger Sentiment
Bullish
CIG Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.0 Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.6%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.61%
12-Months-Change
Fundamentals
Return on Equity
25.57%
Trailing 12-Months
Asset Growth
-9.65%
Trailing 12-Months
Company Description
Companhia Energetica Minas Gerais
Companhia Energética de Minas Gerais SA engages in the generation, transmission, distribution and sale of electricity, gas distribution, telecommunications and the provision of energy solutions. It operates through the following segments: Generation, Transmission, Distribution, and Other Businesses. The Generation segment engages in the generation of electricity through hydroelectric plants, thermoelectric plants and wind farms. The Transmission segment engages in the electric power transmission business, which consists of transporting electric power from the facilities where it broadcasted to the distribution networks for delivery to final users. The Distribution segment engages in the supply electricity to consumers in the state of Minas Gerais. The Other Businesses segment engages in the telecommunications, national and international energy solutions, and exploitation of natural gas. The company was founded by Juscelino Kubitschek de Oliveira on May 22, 1952 and is headquartered in Belo Horizonte, Brazil.
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CIG Stock 12 Month Forecast
Average Price Target
―Technical Analysis
Centrais Eletricas Brasileiras SA - Eletrobras
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Companhia Paranaense de Energia Pfd
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AES
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Enel Chile SA
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Best Analysts Covering CIG
1 Year
1 Year Success Rate
0/1 ratings generated profit
1 Year Average Return
-3.90%
initiated a sell rating 4 months ago
Copying Bruno Amorim's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -3.90% per trade.
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