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Companhia Energetica Minas Gerais (CIG)
:CIG
RESEARCH TOOLSreports
CIG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.69 - $2.19
Previous CloseN/A
Volume999.85K
Average Volume (3M)4.09M
Market Cap
$5.87B
Enterprise Value$6.76B
Total Cash (Recent Filing)R$891.00M
Total Debt (Recent Filing)R$14.77B
Price to Earnings (P/E)3.9
Beta0.51
Next Earnings
May 07, 2025EPS Estimate
0.06Next Dividend Ex-Date
Mar 31, 2025Dividend Yield10.41%
Share Statistics
EPS (TTM)0.46
Shares Outstanding1,905,179,900
10 Day Avg. Volume7,834,781
30 Day Avg. Volume4,085,235
Financial Highlights & Ratios
PEG Ratio0.28
Price to Book (P/B)N/A
Price to Sales (P/S)0.83
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 Target
$2.60Price Target Upside43.65% Upside
Rating ConsensusHold
Number of Analyst Covering1
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Companhia Energetica Minas Gerais News
PremiumCompany Announcements
Cemig’s Earnings Call: Record Growth and Strategic Wins
PremiumCompany Announcements
Cemig Reports Substantial Profit Growth in 2Q24
PremiumCompany Announcements
CEMIG Achieves ‘AAA’ Rating Upgrade from Fitch
PremiumCompany Announcements
CEMIG’s Privatization Plan Submitted by State of Minas Gerais---
Bulls Say, Bears Say
Bulls Say
Dividend YieldThe one-offs in the net income could result into +4% additional dividend yield in 2024.
Privatization PotentialThe privatization process is the main upside risk.
Bears Say
Operational PerformanceCemig reported soft operational results with Adj. EBITDA at R$1.6bn, down 10% YoY and 4% below estimates.
Privatization ComplexityThere is a low likelihood of Minas Gerais state-owned enterprises' privatization or transfer of control to the Federal Government concluding in the short-term due to complexity.
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Ownership Overview
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Insiders
1.07% Mutual Funds
2.41% Other Institutional Investors
94.65% 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 $1.69 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 $5.87B.
When is Companhia Energetica Minas Gerais’s upcoming earnings report date?
Companhia Energetica Minas Gerais’s upcoming earnings report date is May 07, 2025 which is in 38 days.
How were Companhia Energetica Minas Gerais’s earnings last quarter?
Companhia Energetica Minas Gerais released its earnings results on Mar 20, 2025. The company reported $0.062 earnings per share for the quarter, the consensus estimate of $0.062 by $0.
Is Companhia Energetica Minas Gerais overvalued?
According to Wall Street analysts Companhia Energetica Minas Gerais’s price is currently Undervalued.
Does Companhia Energetica Minas Gerais pay dividends?
Companhia Energetica Minas Gerais pays a Notavailable dividend of $0.2 which represents an annual dividend yield of 10.41%. 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 0.06.
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 $0.062 in its last earnings report, expectations of $0.062. Following the earnings report the stock price went down -6.599%.
Which hedge fund is a major shareholder of Companhia Energetica Minas Gerais?
Currently, no hedge funds are holding shares in CIG
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Companhia Energetica Minas Gerais Stock Smart Score
Neutral
1
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5
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7
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9
10
Analyst Consensus
Hold
Average Price Target:
$2.60 (43.65% Upside)
$2.60 (43.65% Upside)
Blogger Sentiment
Bullish
CIG Sentiment 70%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 7.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 2.2%
Last 30 Days ▼ 2.2%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
5.41%
12-Months-Change
Fundamentals
Return on Equity
28.91%
Trailing 12-Months
Asset Growth
-14.61%
Trailing 12-Months
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.
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CIG Stock 12 Month Forecast
Average Price Target
$2.60
▲(43.65% Upside)
Technical Analysis
Consolidated Edison
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Duke Energy
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NextEra Energy
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AES
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Centrais Eletricas Brasileiras SA - Eletrobras
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Best Analysts Covering CIG
1 Year
1 Year Success Rate
1/1 ratings generated profit
1 Year Average Return
+3.10%
initiated a sell rating 9 months ago
Copying Bruno Amorim's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +3.10% per trade.
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