NYSE:CIG - CEMIG Stock Price, Price Target & More

CEMIG trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIG."

CEMIG announced an annual dividend on Friday, April 6th. Shareholders of record on Thursday, May 3rd will be paid a dividend of $0.13 per share on Thursday, May 3rd. This represents a yield of 5.35%. The ex-dividend date is Wednesday, May 2nd. View CEMIG's Dividend History.

CEMIG is scheduled to release their next quarterly earnings announcement on Tuesday, May, 15th 2018. View Earnings Estimates for CEMIG.

4 analysts have issued 1-year target prices for CEMIG's stock. Their forecasts range from $2.80 to $2.80. On average, they anticipate CEMIG's share price to reach $2.80 in the next year. View Analyst Ratings for CEMIG.

CEMIG saw a increase in short interest during the month of March. As of March 29th, there was short interest totalling 7,108,963 shares, an increase of 63.1% from the March 15th total of 4,357,326 shares. Based on an average daily trading volume, of 3,092,553 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.7% of the company's stock are sold short.

Some companies that are related to CEMIG include Brookfield Renewable Partners (BEP), Idacorp (IDA), Algonquin Power & Utilities (AQN), Pampa Energia (PAM), Hawaiian Electric Industries (HE), Portland General Electric (POR), NRG Yield (NYLD), PNM Resources (PNM), Ormat Technologies (ORA), Black Hills (BKH), Edenor (EDN), NextEra Energy Partners (NEP), Atlantica Yield (AY), Copel (ELP), El Paso Electric (EE), Dynegy (DYN), Pattern Energy Group (PEGI) and Otter Tail (OTTR).

News headlines about CIG stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. CEMIG earned a news sentiment score of 0.22 on Accern's scale. They also gave news stories about the utilities provider an impact score of 47.86 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

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

One share of CIG stock can currently be purchased for approximately $2.45.

CEMIG has a market capitalization of $3.08 billion and generates $5.77 billion in revenue each year. The utilities provider earns $95.75 million in net income (profit) each year or $0.08 on an earnings per share basis. CEMIG employs 7,119 workers across the globe.

CEMIG's mailing address is AVENIDA BARBACENA 1200, BELO HORIZONTE D5, 10019. The utilities provider can be reached via phone at 55-31-3506-3711 or via email at [email protected]