Comp En De Mn Cemig ADS (CIG) Stock Price, News & Analysis

Company Overview

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Brazil. The company generates electricity through renewable energy sources, such as water, wind, sun, and biomass; or non-renewable sources, including fossil and nuclear fuels. As of December 31, 2016, it operated hydroelectric plants, thermoelectric plants, and solar plants with a total installed capacity of approximately 8,000 megawatts in 10 states of Brazil. It is also involved in the telecommunications and energy solutions consulting businesses; exploitation of natural gas; sale and trading of electricity; and acquisition, transport, and distribution of gas and its subproducts and derivatives, as well as provision of technology systems and systems for operational management of public service concessions, including companies operating in electricity, gas, water and sewerage, and other utility companies. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil.

Key Stats

• Today's Range: $1.96 to $1.98
• 50-Day Range: $1.80 to $2.01
• 52-Week Range: $1.59 to $2.15
• Volume: 1.51 million shs
• Average Volume: 2.95 million shs
• Market Capitalization: $5.65 billion
• P/E Ratio: 4.29
• Dividend Yield: 6.58%
• Price Target: N/A
• Consensus Rating: Reduce

CIG Stock Analysis - Frequently Asked Questions

How have CIG shares performed this year?

Comp En De Mn Cemig ADS's stock was trading at $1.77 at the start of the year. Since then, CIG shares have increased by 11.6% and is now trading at $1.9750.

How were Comp En De Mn Cemig ADS's earnings last quarter?

Comp En De Mn Cemig ADS (NYSE:CIG) issued its quarterly earnings data on Thursday, August, 14th. The utilities provider reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.03. The utilities provider earned $1.83 billion during the quarter, compared to the consensus estimate of $9.19 billion. Comp En De Mn Cemig ADS had a trailing twelve-month return on equity of 16.35% and a net margin of 15.68%.
Read the conference call transcript.

When did Comp En De Mn Cemig ADS's stock split?

Shares of Comp En De Mn Cemig ADS split on Friday, May 24th 2024.The 130-100 split was announced on Friday, May 24th 2024. The newly issued shares were distributed to shareholders after the closing bell on Friday, May 24th 2024. An investor that had 100 shares of stock prior to the split would have 130 shares after the split.

Who are Comp En De Mn Cemig ADS's major shareholders?

Top institutional investors of Comp En De Mn Cemig ADS include TSP Capital Management Group LLC (0.32%), American Century Companies Inc. (0.13%), Robeco Institutional Asset Management B.V. (0.10%) and Envestnet Asset Management Inc. (0.08%).

How do I buy shares of Comp En De Mn Cemig ADS?

Shares of CIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Comp En De Mn Cemig ADS own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Comp En De Mn Cemig ADS investors own include GE Aerospace (GE), Petroleo Brasileiro S.A.- Petrobras (PBR), Pfizer (PFE), Valero Energy (VLO), Meta Platforms (META), Delta Air Lines (DAL) and Broadcom (AVGO).

Company Calendar

• Last Earnings: 8/14/2025
• Today: 8/25/2025
• Next Earnings (Estimated): 11/12/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: UTIL - ELEC PWR
• Sub-Industry: Utilities
• Current Symbol: NYSE:CIG
• CIK: 1157557
• Web: www.cemig.com.br
• Phone: 55-31-3506-5024
• Fax: N/A
• Employees: 5,028
• Year Founded: 1952

Profitability

• EPS (Trailing Twelve Months): $0.46
• Trailing P/E Ratio: 4.29
• Forward P/E Ratio: 4.49
• P/E Growth: N/A
• Net Income: $1.32 billion
• Net Margins: 15.68%
• Pretax Margin: 22.66%
• Return on Equity: 16.35%
• Return on Assets: 7.31%

Debt

• Debt-to-Equity Ratio: 0.46
• Current Ratio: 1.06
• Quick Ratio: 1.06

Sales & Book Value

• Annual Sales: $7.38 billion
• Price / Sales: 0.77
• Cash Flow: $0.38 per share
• Price / Cash Flow: 5.14
• Book Value: $1.77 per share
• Price / Book: 1.12

Miscellaneous

• Outstanding Shares: 2,861,780,000
• Free Float: N/A
• Market Cap: $5.65 billion
• Optionable: Optionable
• Beta: 1.03