Comp En De Mn Cemig ADS (CIG) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Q1 2026 results are expected after the market close on Thursday, May 7, with analysts forecasting EPS of $0.0517 and revenue of $2.1406 billion, and a conference call set for Friday, May 8 at 1:00 PM ET.
• Shares opened at $2.46 (12‑month range $1.75–$2.76), the company has a market cap of $7.03 billion and a trailing P/E of 18.88, with 50- and 200-day moving averages of $2.42 and $2.20 respectively.
• Research and ownership trends show support: Weiss Ratings upgraded Cemig ADS to a "Buy" and the stock has an average rating of "Buy," while several institutions made small net purchases in recent quarters.

Comp En De Mn Cemig ADS (NYSE:CIG - Get Free Report) is anticipated to announce its Q1 2026 results after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of $0.0517 per share and revenue of $2.1406 billion for the quarter. Interested persons are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Friday, May 8, 2026 at 1:00 PM ET.

Comp En De Mn Cemig ADS Price Performance

Comp En De Mn Cemig ADS stock opened at $2.46 on Thursday. Comp En De Mn Cemig ADS has a 12 month low of $1.75 and a 12 month high of $2.76. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.59. The business's 50 day simple moving average is $2.42 and its 200 day simple moving average is $2.20. The company has a market cap of $7.03 billion, a price-to-earnings ratio of 18.88 and a beta of 0.87.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CIG. SmartHarvest Portfolios LLC bought a new position in Comp En De Mn Cemig ADS in the fourth quarter valued at $30,000. Inspire Advisors LLC grew its stake in shares of Comp En De Mn Cemig ADS by 55.8% during the fourth quarter. Inspire Advisors LLC now owns 15,716 shares of the utilities provider's stock valued at $31,000 after buying an additional 5,631 shares during the last quarter. EP Wealth Advisors LLC bought a new position in shares of Comp En De Mn Cemig ADS during the fourth quarter valued at about $33,000. PFG Advisors grew its stake in shares of Comp En De Mn Cemig ADS by 34.2% during the third quarter. PFG Advisors now owns 18,392 shares of the utilities provider's stock valued at $39,000 after buying an additional 4,685 shares during the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of Comp En De Mn Cemig ADS during the third quarter valued at about $40,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Comp En De Mn Cemig ADS from a "hold (c+)" rating to a "buy (b)" rating in a research note on Tuesday, March 24th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of "Buy".

About Comp En De Mn Cemig ADS

Companhia Energética de Minas Gerais SA (Cemig ADS) is a leading Brazilian energy company primarily engaged in the generation, transmission, distribution and commercialization of electric power. Headquartered in Belo Horizonte, the company operates as a vertically integrated utility, serving residential, commercial and industrial customers across its concession areas. In addition to its core electricity business, Cemig maintains interests in natural gas distribution and distinct energy-related ventures, including renewable sources and infrastructure projects.

In its generation segment, Cemig manages a diversified portfolio that includes hydroelectric, photovoltaic and wind power plants.

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