Companhia Energetica de Minas Gerais S.A. Company Profile (NYSE:CIG)

Analyst Ratings

Consensus Ratings for Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) (?)
Ratings Breakdown: 1 Hold Rating(s)
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A

Analysts' Ratings History for Companhia Energetica de Minas Gerais S.A. (NYSE:CIG)
Show:
DateFirmActionRatingPrice TargetActions
12/17/2015Goldman Sachs Group Inc.DowngradeBuy -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/26/2015JPMorgan Chase & Co.UpgradeUnderweight -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/24/2014 forward)

Earnings

Earnings History for Companhia Energetica de Minas Gerais S.A. (NYSE:CIG)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Companhia Energetica de Minas Gerais S.A. (NYSE:CIG)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Companhia Energetica de Minas Gerais S.A. (NYSE:CIG)
Annual Dividend:$0.11
Dividend Yield:4.03%
Payout Ratio:35.48% (Based on Current Year Consensus EPS Estimate)
34.38% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

Dividend History for Companhia Energetica de Minas Gerais S.A. (NYSE:CIG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
11/10/2014special$0.3411/13/201411/17/201412/26/2014Tweet This Announcement  Share This Announcement on StockTwits
11/7/2014$0.3511/10/201411/7/201412/19/2014Tweet This Announcement  Share This Announcement on StockTwits
12/9/2013special$0.2312/12/201312/16/201312/27/2013Tweet This Announcement  Share This Announcement on StockTwits
7/23/2013semiannual$0.133.96%5/2/20135/6/20137/25/2013Tweet This Announcement  Share This Announcement on StockTwits
7/3/2013semiannual$0.3216.45%5/2/20135/6/20137/5/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Companhia Energetica de Minas Gerais S.A. (NYSE:CIG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Companhia Energetica de Minas Gerais S.A. (NYSE:CIG)
DateHeadline
07/23/16 07:29 AMAttention Grasping Stock With Upward Momentum: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - TGP
07/22/16 03:15 PMFriday's ETF with Unusual Volume: DWX
07/22/16 02:01 PMETF’s with exposure to Companhia Energética de Minas Gerais SA : July 22, 2016 -
07/22/16 11:17 AMCompanhia Energetica de Minas Gerais S.A. (CIG) Enters Overbought Territory - Nasdaq
07/22/16 08:05 AMCompanhia Energetica de Minas Gerais S.A. (CIG) Enters Overbought Territory -
07/21/16 03:18 PMWorth Watching Stocks Watch List: Companhia Energetica Minas Gerais (ADR)(NYSE:CIG), Regions Financial Corp ... - NYSE Journal (press release)
07/21/16 10:10 AMLight Energia S.A. -- Moody's downgrades the issuer ratings of Light S.A and its subsidiaries to B1/Baa3.br and B1/Baa2.br from Ba3/A3.br, outlook remains negative -
07/19/16 11:11 AMETF’s with exposure to Companhia Energética de Minas Gerais SA : July 19, 2016 -
07/15/16 07:18 PMPerformance Overview of the company: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - News Oracle
07/15/16 11:32 AMThursday's ETF Movers: ILF, GDXJ
07/15/16 09:31 AMBrazil Top Analyst for Top Stock Predicts More Gains to Come -
07/14/16 03:19 PMWhy Making Dramatic Moves: Cobalt International Energy (NYSE:CIE), Companhia Energetica Minas Gerais (NYSE ... - KC Register
07/13/16 03:16 PMPrice Target Summary: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - News Oracle
07/12/16 08:40 PMEye Catching Stock for investors: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - News Oracle
07/12/16 04:23 PMCemig in Brazil’s ICO2 Carbon Efficient Index for 6th consecutive year - [at noodls] - 8dccdd65-9b22-4248-9648-febac21340c5.pdf COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG CEMIG LISTED COMPANY - CNPJ 17.155.730/0001-64 - NIRE 31300040127 MARKET ANNOUNCEMENT Cemig in Brazil's ICO2 Carbon ...
07/12/16 07:27 AMEye Catching Stock for investors: Companhia Energetica de Minas Gerais S.A. (CIG) - News Oracle
07/10/16 09:53 PMClarification of interview given by Cemig's CEO: CemigTelecom ... private sector negotiation - [at noodls] - 4f6a573e-de09-4920-bf0e-4d7d8b9e1a89.pdf COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG CEMIG LISTED COMPANY - CNPJ 17.155.730/0001-64 - NIRE 31300040127 MARKET ANNOUNCEMENT CemigTelecom: private sector ...
07/07/16 03:16 PMPerformance to see: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - News Oracle
07/06/16 03:18 PMEarnings Estimates Analysis: Companhia Energetica de Minas Gerais S.A. (CIG) - News Oracle
07/06/16 03:18 PMStock in Action: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - News Oracle
07/05/16 04:29 PMCemig Distribuicao S.A. -- Moody's takes rating actions on specific issuers of the Brazilian infrastructure sector -
07/05/16 11:46 AMETF’s with exposure to Companhia Energética de Minas Gerais SA : July 5, 2016 -
07/05/16 07:59 AMStocks in Focus - Charles Schwab, (NYSE:SCHW), CompanhiaEnergetica Minas Gerais, (NYSE:CIG) - Hot Stocks Point
07/04/16 10:32 AMBrazil eyes extra 10 bln reais from hydroelectric auctions -sources - [Reuters] - The Brazilian government expects to collect an extra 10 billion reais in 2017 with the auction of several hydroelectric power plants in the south of the country, three senior government officials familiar ...
06/30/16 03:28 PMAnalyst Ratings Buzz: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - News Oracle
06/28/16 08:20 PMNotable Trader's Buzzers: Companhia Energetica Minas Gerais (NYSE:CIG), Anadarko Petroleum Corporation (NYSE ... - NYSE Journal (press release)
06/28/16 09:31 AM12/16 Wybór podmiotu uprawnionego do przeglądu i badania sprawozdań finansowych CI Games S.A. i Grupy Kapitałowej CI Games - [at noodls] - ca33f077-ee64-4479-a21d-daf1773ab688.pdf KOMISJA NADZORU RNANSOWEGO Raport biei:c4cy nr Data sporzdzenia:§016-06-28 Slwcona nazwa emitenta Cl GAMES S.A. ... This is an abstract of the original noodl. To ...
06/28/16 09:31 AM12/16 The choice of the entity authorized to review the financial statements of CI Games S.A. and Capital Group CI Games - [at noodls] - 8a7b6065-0fe9-4b71-8f36-e23d3f3c1186.pdf KOMISJA NADZORU RNANSOWEGO Raport biei:c4cy nr Data sporzdzenia:§016-06-28 Slwcona nazwa emitenta Cl GAMES S.A. ... This is an abstract of the original noodl. To ...
06/23/16 04:40 PMCompanhia Energetica Minas Gerais (NYSE:CIG) rewarding its stakeholders with interest on equity - Inside Trade
06/21/16 11:53 AMETF’s with exposure to Companhia Energética de Minas Gerais SA : June 21, 2016 -
06/20/16 08:07 AMThe most ‘dangerous thing’ that could push the S&P below 700 -
06/16/16 09:39 AMCancellation of contract between RenovaCom and Cemig GT - [at noodls] - Cancellation of contract between RenovaCom and Cemig GT The text version of this document is not available at the moment. The original content was posted at original link . CEMIG - Companhia Energética ...
06/15/16 05:09 PMEGM of June 14, 2016 adjourned to Friday, June 17, 2016 - [at noodls] - EGM of June 14, 2016 adjourned to Friday, June 17, 2016 The text version of this document is not available at the moment. The original content was posted at original link . CEMIG - Companhia Energética ...
06/15/16 03:19 PMMarket Moving Stocks Update: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG), Himax Technologies, Inc ... - Beacon Chronicle
06/14/16 03:09 PMRatings Analysis of: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - News Oracle
06/13/16 02:41 PMAnalyst Earnings Report: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG), Ally Financial Inc. (NYSE:ALLY) - Beacon Chronicle
06/09/16 09:40 AMAnalyst Recommendations on These Stocks: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG), Canadian ... - Beacon Chronicle
06/08/16 09:41 PMEarnings Analysis to Watch: Paychex, Inc. (NASDAQ:PAYX), Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Beacon Chronicle
06/07/16 03:11 PMEarnings Report: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG), Juniper Networks, Inc. (NYSE:JNPR) - Beacon Chronicle
06/06/16 11:31 AMCompanhia Energética de Minas Gerais SA :CIG.C-US: Earnings Analysis: Q1, 2016 By the Numbers : June 6, 2016 -
06/06/16 11:31 AMCompanhia Energética de Minas Gerais SA :CIG-US: Earnings Analysis: Q1, 2016 By the Numbers : June 6, 2016 -
06/06/16 07:07 AMStock's Earnings Analysis Report: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG), Turquoise Hill Resources ... - Beacon Chronicle
06/03/16 09:21 AMChina's CGGC eyeing Brazil infrastructure assets, executive says -
06/02/16 12:02 PMEarnings Stock Analysis: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG), Liberty Global plc (NASDAQ:LBTYA) - Beacon Chronicle - Earnings Stock Analysis: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG), Liberty Global plc (NASDAQ:LBTYA)Beacon ChronicleLast Trade: The Company closed its last session at $1.51 with the gain of 1.34%. The market capitalization of the company is $2.03 Billion, with the average Volume of 5.08 Million. The stock currently has its 52-Week High range of $4.66 and 52-week low ...and more »
06/01/16 11:48 AMAnalysts' Activity: Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) - The Point Review - Beacon ChronicleAnalysts' Activity: Companhia Energetica Minas Gerais (ADR) (NYSE:CIG)The Point ReviewCompanhia Energetica Minas Gerais (ADR) (NYSE:CIG) has grabbed the attention from analysts, when it saw a value increase of 3.47 percent in the last trading session. A total of 4.22 million shares exchanged hands during the intra-day trade compared ...Stock's Earnings Analysis: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG), Credit Suisse Group AG (NYSE:CS)Beacon Chronicleall 2 news articles »
05/31/16 08:38 AM5 Stocks With Strong Free Cash Flow — PACD SPU ACY CREG CIG - Investorplace.com - 5 Stocks With Strong Free Cash Flow — PACD SPU ACY CREG CIGInvestorplace.comCompanhia Energetica de Minas Gerais SA Sponsored ADR Pfd (CIG) is engaged in the electric power transmission business, which consists of transporting electric power from the facilities where it is generated to the distribution networks for delivery to ...and more »
05/30/16 07:30 PMStockholders’ Agreement of Parati S.A. - [at noodls] - cda9bf52-1803-4c95-93cd-7e8751f415d5.pdf COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG LISTED COMPANY - CNPJ 17.155.730/0001-64 - NIRE 31300040127 MATERIAL ANNOUNCEMENT Cemig (Companhia Energética de Minas ...
05/26/16 05:40 PMCompanhia Energetica de Minas Gerais S.A. (NYSE:CIG) Earns Consensus Hold Rating - iStreetWire - Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) Earns Consensus Hold RatingiStreetWireCompanhia Energetica de Minas Gerais S.A. (CIG) down -4.64 per cent in the past week, is under coverage of 3 analysts who collectively recommend a hold rating on stock. 1 of the analysts have a buy or better rating; the 0 sells versus 0 underperforms.Investor's Alert -Dycom Industries, (NYSE:DY), CompanhiaEnergetica Minas Gerais, (NYSE:CIG)Hot Stocks Pointall 2 news articles »
05/26/16 05:40 PMGrowth Estimate Update: Companhia Energetica Minas Gerais (NYSE:CIG), xG Technology (NASDAQ:XGTI) - News Oracle - Growth Estimate Update: Companhia Energetica Minas Gerais (NYSE:CIG), xG Technology (NASDAQ:XGTI)News OracleThe stock declined -1.37% and closed its last session at $1.44. The Company has the market capitalization of 1.96 Billion. The 52-Week Range ranges between $1.02 and $4.79. The stock traded with the Volume of 5.66 Million in the last trading day ...and more »
05/25/16 10:41 PMStocks inside Traders Limelight:Comp En De Mn Cemig ADS (NYSE:CIG) , Clean Energy Fuels Corp. (NASDAQ:CLNE) - Street Updates - Stocks inside Traders Limelight:Comp En De Mn Cemig ADS (NYSE:CIG) , Clean Energy Fuels Corp. (NASDAQ:CLNE)Street UpdatesIn the liquidity ratio analysis; Companhia Energetica de Minas Gerais S.A.'s (CIG) debt to equity ratio was 1.18 while current ratio was 0.60. The company has the institutional ownership of 22.20% while the Beta factor was 1.97. The stock's RSI amounts ...Broker Roundup For Comp En De Mn Cemig ADS (NYSE:CIG)Share Trading Newsall 2 news articles »

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About Companhia Energetica de Minas Gerais S.A.

Companhia Energetica de Minas Gerais S.A. logoCompanhia Energetica de Minas Gerais CEMIG is a Brazil-based holding company mainly engaged in the generation, transmission and distribution of electricity. The Company operates through the segments: Generation, Transmission, Distribution, Telecom, Gas and Other. The Company generates electricity at approximately 78 hydroelectric plants, three thermoelectric plants and 23 wind farms. Its electric power transmission business consists of transporting power from the facilities where it is generated to points of consumption, distribution networks and Free Consumers. Its distribution operation consists of transfers of electricity from distribution substations to final consumers. It is also engaged in telecommunications, national and international energy solutions consulting business, exploitation of natural gas, sale and trading of electricity, trading electricity, and acquisition, transport and distribution of gas and its sub products and derivatives.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: CIG
  • CUSIP:
Key Metrics:
  • Previous Close: $2.71
  • 50 Day Moving Average: $2.06
  • 200 Day Moving Average: $1.79
  • P/E Ratio: 11.05
  • P/E Growth: -0.92
  • Market Cap: $3.44B
  • Beta: 1.89
  • Current Year EPS Consensus Estimate: $0.31 EPS
  • Next Year EPS Consensus Estimate: $0.32 EPS
Additional Links:
Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) Chart for Sunday, July, 24, 2016