Cia Energetica de Minas Gerais CEMIG-ADR Company Profile (NYSE:CIG)

About Cia Energetica de Minas Gerais CEMIG-ADR

Cia Energetica de Minas Gerais CEMIG-ADR logoCompanhia Energetica de Minas Gerais-CEMIG is a holding company that is engaged in the generation, transmission and distribution of electricity. The Company's segments include Generation, Transmission, Distribution, Telecom, Gas and Other. The Company, through its interests in subsidiaries or jointly controlled entities, is engaged in the activities of the construction and operation of systems for sale of electricity, as well as various fields of energy and telecommunications, for the purpose of commercial operation. 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 businesses, such as telecommunications, energy solutions consulting, and acquisition, transport and distribution of gas and its subproducts and derivatives.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: CIG
  • CUSIP:
Key Metrics:
  • Previous Close: $3.46
  • 50 Day Moving Average: $2.86
  • 200 Day Moving Average: $2.65
  • 52-Week Range: $1.40 - $3.76
  • Trailing P/E Ratio: 13.95
  • Foreward P/E Ratio: 13.04
  • P/E Growth: 0.00
  • Market Cap: $4.27B
  • Outstanding Shares: 1,258,280,000
  • Beta: 1.83
Profitability:
  • Net Margins: 2.24%
  • Return on Equity: 3.03%
  • Return on Assets: 1.00%
Debt:
  • Debt-to-Equity Ratio: 0.78%
  • Current Ratio: 0.72%
  • Quick Ratio: 0.71%
Additional Links:
Companies Related to Cia Energetica de Minas Gerais CEMIG-ADR:

Analyst Ratings

Consensus Ratings for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG) (?)
Ratings Breakdown: 1 Sell Rating, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A

Analysts' Ratings History for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)
Show:
DateFirmActionRatingPrice TargetDetails
2/17/2017J P Morgan Chase & CoUpgradeNeutral -> OverweightView Rating Details
1/4/2017Goldman Sachs Group, Inc. (The)DowngradeNeutral -> SellView Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)
Current Year EPS Consensus Estimate: $0.15 EPS
Next Year EPS Consensus Estimate: $0.26 EPS

Dividends

Current Dividend Information for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)
Annual Dividend:$0.17
Dividend Yield:5.01%
Dividend Growth:-54.00% (3 Year Average)
Payout Ratio:113.33% (Based on Current Year Consensus EPS Estimate)
65.38% (Based on Next Year Consensus EPS Estimate)

Dividend History for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/10/2014special$0.3411/13/201411/17/201412/26/2014
11/7/2014$0.3511/10/201411/7/201412/19/2014
12/9/2013special$0.2312/12/201312/16/201312/27/2013
7/23/2013semiannual$0.133.96%5/2/20135/6/20137/25/2013
7/3/2013semiannual$0.3216.45%5/2/20135/6/20137/5/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)
DateHeadline
finance.yahoo.com logoFiling of 2015 20-F Form with the SEC (NYSE:CIG)
finance.yahoo.com - February 22 at 9:31 PM
marketexclusive.com logoAnalyst Upgrades – Comp En De Mn Cemig ADS (NYSE:CIG) Stock ... - Market Exclusive (NYSE:CIG)
marketexclusive.com - February 17 at 5:54 PM
finance.yahoo.com logoSTOCKS HIT NEW HIGHS: Here's what you need to know (NYSE:CIG)
finance.yahoo.com - February 14 at 5:04 PM
finance.yahoo.com logoSTOCKS HIT NEW HIGHS: Here's what you need to know (NYSE:CIG)
finance.yahoo.com - February 14 at 5:04 PM
finance.yahoo.com logoHumana issues guidance, raises dividend to $0.40 (NYSE:CIG)
finance.yahoo.com - February 14 at 5:04 PM
finance.yahoo.com logoHumana issues guidance, raises dividend to $0.40 (NYSE:CIG)
finance.yahoo.com - February 14 at 5:04 PM
News IconMarket Review: Indicator Watch for Comp En De Mn Cemig Ads (CIG) - Rives Journal (NYSE:CIG)
rivesjournal.com - February 13 at 4:57 PM
News IconInvestors are Looking at Levels for Comp En De Mn Cemig Ads (CIG.C) - Providence Standard (NYSE:CIG)
providencestandard.com - February 9 at 2:37 AM
News IconCompany Watch: Viewing Levels for Comp En De Mn Cemig Ads (CIG) - Piedmont Register (NYSE:CIG)
piedmontregister.com - February 9 at 2:37 AM
News IconStock Watch: Viewing the Numbers for Comp En De Mn Cemig Ads (CIG) - Rives Journal (NYSE:CIG)
rivesjournal.com - February 7 at 5:24 PM
News IconStock Price of Comp En De Mn Cemig ADS (CIG) Increases 3.94% - Highland Mirror (NYSE:CIG)
www.highlandmirror.com - February 6 at 4:20 PM
News IconStock in Queue: Comp En De Mn Cemig ADS (NYSE:CIG), Iamgold Corporation (NYSE:IAG) - The Newburgh Press (NYSE:CIG)
newburghpress.com - February 3 at 9:35 PM
News IconEarnings Forecast Research on Comp En De Mn Cemig ADS (CIG) - Highland Mirror (NYSE:CIG)
www.highlandmirror.com - February 2 at 4:37 PM
us.rd.yahoo.com logoBrazil state opposes Cemig sale to join debt plan, source says (NYSE:CIG)
us.rd.yahoo.com - February 1 at 4:34 PM
News IconWilliams %R Check on Shares of Comp En De Mn Cemig Ads (CIG) - Sherwood Daily (NYSE:CIG)
sherwooddaily.com - January 31 at 4:44 PM
finance.yahoo.com logoBrazil state rules out Cemig sale as debt relief condition -source (NYSE:CIG)
finance.yahoo.com - January 31 at 4:44 PM
finance.yahoo.com logoBrazil state rules out Cemig sale to join debt relief plan, source says (NYSE:CIG)
finance.yahoo.com - January 31 at 3:06 AM
News IconCia Energetica de Minas Gerais CEMIG-ADR (CIG)’s Stock Is Buy After Forming Multiple Top Pattern (NYSE:CIG)
randolphguide.com - January 30 at 5:03 PM
News IconStock Momentum in Focus on Shares of Comp En De Mn Cemig Ads (CIG) - Sherwood Daily (NYSE:CIG)
sherwooddaily.com - January 28 at 3:44 AM
News IconStock in Spotlight: Comp En De Mn Cemig ADS (NYSE:CIG), SuperValu Inc. (NYSE:SVU) - The Newburgh Press (NYSE:CIG)
newburghpress.com - January 27 at 5:42 PM
News IconNarrowing in on Chart Levels for Comp En De Mn Cemig Ads (CIG) - Sherwood Daily (NYSE:CIG)
sherwooddaily.com - January 26 at 5:21 PM
News IconNarrowing in on Chart Levels for Comp En De Mn Cemig Ads (CIG) - Sherwood Daily (NYSE:CIG)
sherwooddaily.com - January 26 at 5:21 PM
News IconFocus on RSI and CCI Levels: Comp En De Mn Cemig Ads (CIG) - Sherwood Daily (NYSE:CIG)
sherwooddaily.com - January 25 at 5:23 PM
News IconComp En De Mn Cemig ADS (CIG) Stock Price Increases 2.69% - Highland Mirror (NYSE:CIG)
www.highlandmirror.com - January 25 at 5:23 PM
fxpips.com logoToday’s Hot Stocks: The NYSE Gainers – BOXC, TGH, NQ, GNK, NM, SBGL, AVD, NVTA, EVRI, CIG, HOV, PAC, SID, SA, HL, GGV, RYAM, VALE (NYSE:CIG)
www.fxpips.com - January 24 at 2:42 AM
News IconStocks Movement Analysis: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG), Superior Energy Services, Inc ... - The Newburgh Press (NYSE:CIG)
newburghpress.com - January 23 at 9:38 PM
News IconTracking CCI Levels on Shares of Comp En De Mn Cemig Ads (CIG) - Sherwood Daily (NYSE:CIG)
sherwooddaily.com - January 17 at 5:06 PM
moodys.com logoAndrade Gutierrez Participacoes S.A. (AG Par) -- Moody's confirms Andrade Gutierrez Participações B3 global scale rating, upgrades national scale rating to B1.br from B2.br; outlook is stable (NYSE:CIG)
www.moodys.com - January 16 at 10:38 AM
marketexclusive.com logoAnalyst Downgrades – Comp En De Mn Cemig ADS (NYSE:CIG) Stock Gets Downgraded By Goldman Sachs Group ... - Market Exclusive (NYSE:CIG)
marketexclusive.com - January 6 at 4:43 PM
publicnow.com logo26/2016 “Admission and introduction to exchange trading of ordinary bearer series G shares of the Company CI Games S.A.” (NYSE:CIG)
www.publicnow.com - January 4 at 5:21 PM
publicnow.com logoCONSOLIDATED INFRASTRUCTURE GROUP LIMITED - Interest Rate Announcement in relation to the floating rate note CIG04 (NYSE:CIG)
www.publicnow.com - January 4 at 4:07 AM
publicnow.com logoCONSOLIDATED INFRASTRUCTURE GROUP LIMITED - Interest Rate Announcement in relation to the floating rate note CIG05 (NYSE:CIG)
www.publicnow.com - January 4 at 4:07 AM
publicnow.com logoCONSOLIDATED INFRASTRUCTURE GROUP LIMITED - Consolidated Infrastructure Group LimitedInterest Rate Announcement in relation to the floating rate note CIG03 (NYSE:CIG)
www.publicnow.com - January 4 at 4:07 AM
finance.yahoo.com logoEXCLUSIVE: Brazil's Renova to sell wind farm for up to 700 million reais - source (NYSE:CIG)
in.finance.yahoo.com - January 3 at 12:38 PM
publicnow.com logo*Consolidated Infrastructure Group Limited - Inter (NYSE:CIG)
www.publicnow.com - January 3 at 12:38 PM
publicnow.com logo*Consolidated Infrastructure Group Limited - Conso (NYSE:CIG)
www.publicnow.com - January 3 at 12:38 PM
News IconWhat Analyst told about: Comp En De Mn Cemig ADS (NYSE:CIG) , General Mills, Inc. (NYSE:GIS) - Wall Street Times (press release) (NYSE:CIG)
www.wallstreetnews24.com - December 30 at 4:43 PM
News IconStock Review Analysis: Comp En De Mn Cemig ADS (NYSE:CIG) - The Newburgh Press (NYSE:CIG)
newburghpress.com - December 30 at 4:43 PM
News IconEnergy Company of Minas Valuation – Initial Coverage $CIG (NYSE:CIG)
www.moderngraham.com - December 29 at 4:41 PM
moodys.com logoCemig Geracao e Transmissao S.A. -- Moody's assigns B1/Baa1.br rating to CEMIG GT's BRL 2.24 billion debentures due in 2021; outlook negative (NYSE:CIG)
www.moodys.com - December 28 at 9:22 PM
publicnow.com logoTaesa: Purchase Agreement of shares held by FIP Coliseu (NYSE:CIG)
www.publicnow.com - December 28 at 12:17 PM
publicnow.com logoReply to CVM Inquiry Letter 574/2016-CVM/SEP/GEA-1, of December 22, 2016 (NYSE:CIG)
www.publicnow.com - December 27 at 12:21 PM
publicnow.com logoChanges to the Executive Board (NYSE:CIG)
www.publicnow.com - December 22 at 9:29 PM
4-traders.com logoCia Energetica de Minas Gerais CEMIG : Changes to the Executive Board (NYSE:CIG)
www.4-traders.com - December 22 at 4:27 PM
publicnow.com logo25/2016 “Conditional registration of 1,100,000 Ordinary bearer series G shares in Central Securities Depository of Poland” (NYSE:CIG)
www.publicnow.com - December 21 at 5:01 PM
finance.yahoo.com logoBrazil's Cemig names new CEO and CFO after clash with main shareholder (NYSE:CIG)
finance.yahoo.com - December 21 at 5:01 PM
News IconTurning Heads Pre-Bell: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Prospect Journal (NYSE:CIG)
prospectjournal.com - December 20 at 8:01 AM
publicnow.com logo24/2016 “Making a decision on the cancellation of the intention to issue bonds by Cl Games S.A.” (NYSE:CIG)
www.publicnow.com - December 20 at 8:01 AM
capitalcube.com logoETFs with exposure to Companhia Energética de Minas Gerais SA : December 19, 2016 (NYSE:CIG)
www.capitalcube.com - December 20 at 8:01 AM
us.rd.yahoo.com logoExclusive: Brazil's Cemig to fire CEO, CFO on Wednesday, sources say (NYSE:CIG)
us.rd.yahoo.com - December 18 at 4:21 PM

Social

What is Cia Energetica de Minas Gerais CEMIG-ADR's stock symbol?

Cia Energetica de Minas Gerais CEMIG-ADR trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIG."

Who owns Cia Energetica de Minas Gerais CEMIG-ADR stock?

Cia Energetica de Minas Gerais CEMIG-ADR's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (0.80%), Credit Agricole S A (0.44%), AQR Capital Management LLC (0.22%), Dimensional Fund Advisors LP (0.11%), Alden Global Capital LLC (0.06%) and Russell Investments Group Ltd. (0.06%).

Who sold Cia Energetica de Minas Gerais CEMIG-ADR stock? Who is selling Cia Energetica de Minas Gerais CEMIG-ADR stock?

Cia Energetica de Minas Gerais CEMIG-ADR's stock was sold by a variety of institutional investors in the last quarter, including Credit Agricole S A, Oxford Asset Management, Dimensional Fund Advisors LP, Leuthold Group LLC, Guggenheim Capital LLC and O Shaughnessy Asset Management LLC.

Who bought Cia Energetica de Minas Gerais CEMIG-ADR stock? Who is buying Cia Energetica de Minas Gerais CEMIG-ADR stock?

Cia Energetica de Minas Gerais CEMIG-ADR's stock was purchased by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Russell Investments Group Ltd., Bienville Capital Management LLC, Dynamic Technology Lab Private Ltd, State Street Corp, A.R.T. Advisors LLC and Boothbay Fund Management LLC.

How do I buy Cia Energetica de Minas Gerais CEMIG-ADR stock?

Shares of Cia Energetica de Minas Gerais CEMIG-ADR can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Cia Energetica de Minas Gerais CEMIG-ADR stock cost?

One share of Cia Energetica de Minas Gerais CEMIG-ADR stock can currently be purchased for approximately $3.39.

Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)

Earnings History Chart

Earnings by Quarter for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)

Dividend History Chart

Dividend Payments by Quarter for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)

Last Updated on 2/25/2017 by MarketBeat.com Staff