NYSE:CIG

CEMIG (CIG) Stock Price, News & Analysis

CEMIG logo
$1.98 +0.08 (+3.95%)
Closing price 02/14/2025 03:58 PM Eastern
Extended Trading
$1.97 -0.01 (-0.25%)
As of 02/14/2025 07:26 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About CEMIG Stock (NYSE:CIG)

Key Stats

Today's Range
$1.93
$1.99
50-Day Range
$1.71
$1.98
52-Week Range
$1.69
$2.19
Volume
1.95 million shs
Average Volume
1.83 million shs
Market Capitalization
$5.65 billion
P/E Ratio
3.69
Dividend Yield
6.58%
Price Target
N/A
Consensus Rating
Hold

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.

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CIG Stock News Headlines

A deadly mistake in my prediction…
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
Cemig downgraded to Neutral from Outperform at Grupo Santander
Cemig downgraded to Hold from Buy at HSBC
CEMIG Achieves ‘AAA’ Rating Upgrade from Fitch
See More Headlines

CIG Stock Analysis - Frequently Asked Questions

CEMIG's stock was trading at $1.77 on January 1st, 2025. Since then, CIG stock has increased by 11.6% and is now trading at $1.9750.
View the best growth stocks for 2025 here
.

CEMIG shares split on Friday, May 24th 2024. The 130-100 split was announced on Friday, May 24th 2024. The newly created 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.

Top institutional shareholders of CEMIG include Mitsubishi UFJ Trust & Banking Corp.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that CEMIG investors own include General Electric (GE), Petróleo Brasileiro S.A. - Petrobras (PBR), Pfizer (PFE), Valero Energy (VLO), Meta Platforms (META), Delta Air Lines (DAL) and Broadcom (AVGO).

Company Calendar

Today
2/17/2025
Next Earnings (Estimated)
4/29/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
N/A
Fax
N/A
Employees
4,917
Year Founded
1952

Profitability

Net Income
$1.15 billion
Pretax Margin
25.95%

Debt

Sales & Book Value

Annual Sales
$37.64 billion
Cash Flow
$0.52 per share
Book Value
$1.73 per share

Miscellaneous

Outstanding Shares
2,861,782,000
Free Float
N/A
Market Cap
$5.65 billion
Optionable
Optionable
Beta
1.31

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This page (NYSE:CIG) was last updated on 2/17/2025 by MarketBeat.com Staff
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