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

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

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
  • Symbol: NYSE:CIG
  • CUSIP: N/A
  • Web: www.cemig.com.br
Capitalization:
  • Market Cap: $2.93 billion
  • Outstanding Shares: 1,258,280,000
Average Prices:
  • 50 Day Moving Avg: $2.74
  • 200 Day Moving Avg: $2.77
  • 52 Week Range: $1.45 - $3.84
P/E:
  • Trailing P/E Ratio: 31.49
  • Foreward P/E Ratio: 7.06
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $5.91 billion
  • Price / Sales: 0.50
  • Book Value: $3.24 per share
  • Price / Book: 0.72
Dividend:
  • Annual Dividend: $0.17
  • Dividend Yield: 3.4%
Profitability:
  • EBIDTA: $1.17 billion
  • 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%
Misc:
  • Average Volume: 5.56 million shs.
  • Beta: 1.83
  • Short Ratio: 0.55
 

Frequently Asked Questions for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)

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."

Are investors shorting Cia Energetica de Minas Gerais CEMIG-ADR?

Cia Energetica de Minas Gerais CEMIG-ADR saw a decrease in short interest in May. As of May 15th, there was short interest totalling 3,224,327 shares, a decrease of 34.2% from the April 28th total of 4,899,585 shares. Based on an average daily volume of 5,105,558 shares, the short-interest ratio is currently 0.6 days.

Who are some of Cia Energetica de Minas Gerais CEMIG-ADR's key competitors?

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

Cia Energetica de Minas Gerais CEMIG-ADR's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Morgan Stanley (0.94%), Bank of America Corp DE (0.86%), Acadian Asset Management LLC (0.77%), Goldman Sachs Group Inc. (0.75%), Vanguard Group Inc. (0.62%) and Parametric Portfolio Associates LLC (0.52%). View Institutional Ownership Trends for Cia Energetica de Minas Gerais CEMIG-ADR.

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 Acadian Asset Management LLC, AQR Capital Management LLC, Parametric Portfolio Associates LLC, Oxford Asset Management, Highbridge Capital Management LLC, Sei Investments Co., Invictus RG and Dynamic Technology Lab Private Ltd. View Insider Buying and Selling for Cia Energetica de Minas Gerais CEMIG-ADR.

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 acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Bank of America Corp DE, Jane Street Group LLC, Westpac Banking Corp, Newfoundland Capital Management, Daiwa Securities Group Inc., Bank of Montreal Can and Bienville Capital Management LLC. View Insider Buying and Selling for Cia Energetica de Minas Gerais CEMIG-ADR.

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 $2.33.

Analyst Ratings

Consensus Ratings for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG) (?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating
Consensus Rating:Hold (Score: 1.50)
Consensus Price Target: N/A

Analysts' Ratings History for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/26/2017JPMorgan Chase & Co.DowngradeOverweight -> NeutralHighView Rating Details
1/4/2017Goldman Sachs Group IncDowngradeNeutral -> SellN/AView Rating Details
(Data available from 5/28/2015 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: $0.25 EPS
Next Year EPS Consensus Estimate: $0.33 EPS

Dividends

Current Dividend Information for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)
Most Recent Dividend:12/26/2014
Annual Dividend:$0.17
Dividend Yield:7.30%
Dividend Growth:-54.00% (3 Year Average)
Payout Ratio:68.00% (Based on This Year's Estimates)
51.52% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)

Dividend History by Quarter 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

Headline Trends for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)
Latest Headlines for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)
Source:
DateHeadline
nasdaq.com logoMid-Day Market Update: Container Store Climbs On Earnings Beat; Ooma Shares Plummet - Nasdaq
www.nasdaq.com - May 24 at 4:10 PM
benzinga.com logoMid-Afternoon Market Update: Aegean Marine Petroleum Drops On Downbeat Earnings; Inovio Shares Surge - Benzinga
www.benzinga.com - May 24 at 4:10 PM
finance.yahoo.com logoEMERGING MARKETS-Latam markets higher as Brazil stocks, currency rebound
finance.yahoo.com - May 19 at 4:12 PM
finance.yahoo.com logoETFs with exposure to Companhia Energética de Minas Gerais SA : May 19, 2017
finance.yahoo.com - May 19 at 4:12 PM
finance.yahoo.com logoCemig Files 2016 20-F Form with the SEC
finance.yahoo.com - May 17 at 4:21 PM
americanbankingnews.com logoZacks: Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Given $3.20 Average Price Target by Analysts
www.americanbankingnews.com - May 17 at 12:46 PM
finance.yahoo.com logoBrazilian power company Cemig to announce asset sale program
finance.yahoo.com - May 16 at 4:21 PM
americanbankingnews.com logoCia Energetica de Minas Gerais CEMIG-ADR (CIG) Short Interest Up 73.9% in April
www.americanbankingnews.com - May 16 at 7:02 AM
finance.yahoo.com logoETFs with exposure to Companhia Energética de Minas Gerais SA : May 15, 2017
finance.yahoo.com - May 15 at 6:16 PM
finance.yahoo.com logoBrazil's Taesa to pick new CEO on May 17, sources say
finance.yahoo.com - May 9 at 4:18 PM
finance.yahoo.com logoLight Servicos De Eletricidade S.A. -- Moody's confirms the B1 global scale ratings, upgrades the national scale ratings of Light S.A and its subsidiaries to Baa1.br from Baa2.br/Baa3.br, outlook is positive
finance.yahoo.com - May 5 at 4:31 PM
americanbankingnews.com logoCia Energetica de Minas Gerais CEMIG-ADR (CIG) Earns News Sentiment Score of 0.40
www.americanbankingnews.com - May 3 at 6:32 PM
americanbankingnews.com logoZacks: Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 1 at 8:02 PM
finance.yahoo.com logoETFs with exposure to Companhia Energética de Minas Gerais SA : May 1, 2017
finance.yahoo.com - May 1 at 4:17 PM
americanbankingnews.com logoSomewhat Favorable Press Coverage Very Unlikely to Impact Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Stock Price
www.americanbankingnews.com - April 27 at 10:18 PM
benzinga.com logoMid-Morning Market Update: Markets Open Higher; McDonald's Earnings Beat Estimates - Benzinga
www.benzinga.com - April 26 at 9:19 PM
nasdaq.com logoMid-Morning Market Update: Markets Open Higher; McDonald's Earnings Beat Estimates
www.nasdaq.com - April 25 at 12:13 PM
americanbankingnews.com logoCia Energetica de Minas Gerais CEMIG-ADR (CIG) Earning Negative Press Coverage, Analysis Shows
www.americanbankingnews.com - April 24 at 11:19 AM
finance.yahoo.com logoETFs with exposure to Companhia Energética de Minas Gerais SA : April 19, 2017
finance.yahoo.com - April 19 at 4:18 PM
finance.yahoo.com logoBrazil lawmakers to lobby for Cemig dams' renewal -sources
finance.yahoo.com - April 19 at 12:53 PM
finance.yahoo.com logoCompanhia Energética de Minas Gerais SA :CIG-US: Earnings Analysis: Q4, 2016 By the Numbers : April 19, 2017
finance.yahoo.com - April 19 at 12:53 PM
americanbankingnews.com logoCia Energetica de Minas Gerais CEMIG-ADR (CIG) Given News Sentiment Rating of 0.36
www.americanbankingnews.com - April 18 at 2:18 PM
finance.yahoo.com logoCompanhia Energética de Minas Gerais SA :CIG-US: Earnings Analysis: 2016 By the Numbers : April 18, 2017
finance.yahoo.com - April 18 at 12:24 PM
americanbankingnews.com logoCia Energetica de Minas Gerais CEMIG-ADR (CIG) Receiving Very Positive News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 15 at 8:22 AM
americanbankingnews.com logoZacks: Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Receives Consensus Recommendation of "Strong Buy" from Brokerages
www.americanbankingnews.com - April 14 at 8:24 PM
finance.yahoo.com logoBrazil's Cemig sees need for asset sales to ease debt burden
finance.yahoo.com - April 12 at 9:19 PM
finance.yahoo.com logoBrazil's Cemig sees asset sales needed to ease debt repayment burden
finance.yahoo.com - April 12 at 4:18 PM
finance.yahoo.com logoShares of CEMIG Slump Following Court Injunction
finance.yahoo.com - April 7 at 8:59 AM
finance.yahoo.com logoEMERGING MARKETS-Brazil real slips on narrow win for outsourcing bill
finance.yahoo.com - April 7 at 8:59 AM
finance.yahoo.com logoEMERGING MARKETS-Mexican peso at 4-month peak ahead of U.S. healthcare vote
finance.yahoo.com - April 7 at 8:59 AM
benzinga.com logoEarnings Scheduled For March 31, 2017 - Benzinga
www.benzinga.com - March 31 at 9:29 PM
benzinga.com logoMid-Afternoon Market Update: Dow Drops 50 Points; TRC Companies Shares Spike Higher - Benzinga
www.benzinga.com - March 31 at 9:29 PM
americanbankingnews.com logoZacks: Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Given $3.20 Average Target Price by Analysts
www.americanbankingnews.com - March 30 at 12:13 PM
nasdaq.com logoMid-Morning Market Update: Markets Mostly Lower; Paychex Profit Tops Views
www.nasdaq.com - March 29 at 12:18 PM
thestreet.com logoHow to Trade Wednesday's Most Active Stocks -- Frontier, Nike, Sears and More
us.rd.yahoo.com - March 22 at 3:50 PM
benzinga.com logoMid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics ... - Benzinga
www.benzinga.com - March 21 at 7:55 AM
moodys.com logoLight Energia S.A. -- Moody's places the ratings of Light S.A, Light SESA and Light Energia under review for upgrade
www.moodys.com - March 17 at 3:46 PM
streetinsider.com logoCia Energetica de Minas Gerais (CIG) Seeks To IPO To Main Units - Reuters
www.streetinsider.com - March 13 at 12:38 PM
finance.yahoo.com logoEMERGING MARKETS-Brazil stocks up; Cemig rallies on report of planned units sale
finance.yahoo.com - March 13 at 12:38 PM
benzinga.com logoMid-Morning Market Update: Markets Mostly Higher; Childrens Place Profit Tops Estimates - Benzinga
www.benzinga.com - March 8 at 5:02 PM
finance.yahoo.com logo5 Things Republicans Want To Change About Obamacare But Might Not Be Able To
finance.yahoo.com - March 3 at 2:34 AM
finance.yahoo.com logoFiling of 2015 20-F Form with the SEC
finance.yahoo.com - February 22 at 9:31 PM
finance.yahoo.com logoSTOCKS HIT NEW HIGHS: Here's what you need to know
finance.yahoo.com - February 14 at 5:04 PM
finance.yahoo.com logoSTOCKS HIT NEW HIGHS: Here's what you need to know
finance.yahoo.com - February 14 at 5:04 PM
finance.yahoo.com logoHumana issues guidance, raises dividend to $0.40
finance.yahoo.com - February 14 at 5:04 PM
finance.yahoo.com logoHumana issues guidance, raises dividend to $0.40
finance.yahoo.com - February 14 at 5:04 PM
us.rd.yahoo.com logoBrazil state opposes Cemig sale to join debt plan, source says
us.rd.yahoo.com - February 1 at 4:34 PM
finance.yahoo.com logoBrazil state rules out Cemig sale as debt relief condition -source
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
finance.yahoo.com - January 31 at 3:06 AM
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
www.moodys.com - January 16 at 10:38 AM

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Chart

Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff