-logo.jpg "Cia Energetica de Minas Gerais CEMIG-ADR logo")
Companhia 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?
Some companies that are related to Cia Energetica de Minas Gerais CEMIG-ADR include Calpine (CPN), Pampa Energia S.A. (PAM), IDACORP (IDA), Portland General Electric Company (POR), Black Hills Corp (BKH), Hawaiian Electric Industries (HE), Ormat Technologies (ORA), Companhia Paranaense de Energia (ELP), El Paso Electric Company (EE), Atlantica Yield PLC (ABY), NRG Yield, Inc. Class C (NYLD), Empresa Distribuidora y Cmrz Nrt SA (EDN), Dynegy (DYN), Spark Energy (SPKE), Atlantic Power Corp (AT), Cleco Corporate Holdings LLC (CNL), Empire District Electric Co (EDE) and ITC Holdings Corp. (ITC).
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.
Consensus Ratings for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.| 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:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 4/26/2017 | JPMorgan Chase & Co. | Downgrade | Overweight -> Neutral | | High |  |
| 1/4/2017 | Goldman Sachs Group Inc | Downgrade | Neutral -> Sell | | N/A | |
(Data available from 5/28/2015 forward)
Earnings History for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)
No earnings announcements for this company have been tracked by MarketBeat.com
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
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 History by Quarter for Cia Energetica de Minas Gerais CEMIG-ADR (NYSE:CIG)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 11/10/2014 | special | $0.34 | | 11/13/2014 | 11/17/2014 | 12/26/2014 |
| 11/7/2014 | | $0.35 | | 11/10/2014 | 11/7/2014 | 12/19/2014 |
| 12/9/2013 | special | $0.23 | | 12/12/2013 | 12/16/2013 | 12/27/2013 |
| 7/23/2013 | semiannual | $0.13 | 3.96% | 5/2/2013 | 5/6/2013 | 7/25/2013 |
| 7/3/2013 | semiannual | $0.32 | 16.45% | 5/2/2013 | 5/6/2013 | 7/5/2013 |
(Data available from 1/1/2013 forward)
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
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: |
|
| Date | Headline |
|---|
 | Mid-Day Market Update: Container Store Climbs On Earnings Beat; Ooma Shares Plummet - Nasdaq
www.nasdaq.com - May 24 at 4:10 PM |
 | Mid-Afternoon Market Update: Aegean Marine Petroleum Drops On Downbeat Earnings; Inovio Shares Surge - Benzinga
www.benzinga.com - May 24 at 4:10 PM |
 | EMERGING MARKETS-Latam markets higher as Brazil stocks, currency rebound
finance.yahoo.com - May 19 at 4:12 PM |
| ETFs with exposure to Companhia Energética de Minas Gerais SA : May 19, 2017
finance.yahoo.com - May 19 at 4:12 PM |
| Cemig Files 2016 20-F Form with the SEC
finance.yahoo.com - May 17 at 4:21 PM |
 | Zacks: 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 |
| Brazilian power company Cemig to announce asset sale program
finance.yahoo.com - May 16 at 4:21 PM |
| Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Short Interest Up 73.9% in April
www.americanbankingnews.com - May 16 at 7:02 AM |
| ETFs with exposure to Companhia Energética de Minas Gerais SA : May 15, 2017
finance.yahoo.com - May 15 at 6:16 PM |
| Brazil's Taesa to pick new CEO on May 17, sources say
finance.yahoo.com - May 9 at 4:18 PM |
| Light 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 |
| Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Earns News Sentiment Score of 0.40
www.americanbankingnews.com - May 3 at 6:32 PM |
| Zacks: Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 1 at 8:02 PM |
| ETFs with exposure to Companhia Energética de Minas Gerais SA : May 1, 2017
finance.yahoo.com - May 1 at 4:17 PM |
| Somewhat 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 |
| Mid-Morning Market Update: Markets Open Higher; McDonald's Earnings Beat Estimates - Benzinga
www.benzinga.com - April 26 at 9:19 PM |
| Mid-Morning Market Update: Markets Open Higher; McDonald's Earnings Beat Estimates
www.nasdaq.com - April 25 at 12:13 PM |
| Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Earning Negative Press Coverage, Analysis Shows
www.americanbankingnews.com - April 24 at 11:19 AM |
| ETFs with exposure to Companhia Energética de Minas Gerais SA : April 19, 2017
finance.yahoo.com - April 19 at 4:18 PM |
| Brazil lawmakers to lobby for Cemig dams' renewal -sources
finance.yahoo.com - April 19 at 12:53 PM |
| Companhia 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 |
| Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Given News Sentiment Rating of 0.36
www.americanbankingnews.com - April 18 at 2:18 PM |
| Companhia 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 |
| Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Receiving Very Positive News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 15 at 8:22 AM |
| Zacks: 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 |
| Brazil's Cemig sees need for asset sales to ease debt burden
finance.yahoo.com - April 12 at 9:19 PM |
| Brazil's Cemig sees asset sales needed to ease debt repayment burden
finance.yahoo.com - April 12 at 4:18 PM |
| Shares of CEMIG Slump Following Court Injunction
finance.yahoo.com - April 7 at 8:59 AM |
| EMERGING MARKETS-Brazil real slips on narrow win for outsourcing bill
finance.yahoo.com - April 7 at 8:59 AM |
| EMERGING MARKETS-Mexican peso at 4-month peak ahead of U.S. healthcare vote
finance.yahoo.com - April 7 at 8:59 AM |
| Earnings Scheduled For March 31, 2017 - Benzinga
www.benzinga.com - March 31 at 9:29 PM |
| Mid-Afternoon Market Update: Dow Drops 50 Points; TRC Companies Shares Spike Higher - Benzinga
www.benzinga.com - March 31 at 9:29 PM |
| Zacks: 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 |
| Mid-Morning Market Update: Markets Mostly Lower; Paychex Profit Tops Views
www.nasdaq.com - March 29 at 12:18 PM |
 | How to Trade Wednesday's Most Active Stocks -- Frontier, Nike, Sears and More
us.rd.yahoo.com - March 22 at 3:50 PM |
| Mid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics ... - Benzinga
www.benzinga.com - March 21 at 7:55 AM |
 | Light 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 |
 | Cia Energetica de Minas Gerais (CIG) Seeks To IPO To Main Units - Reuters
www.streetinsider.com - March 13 at 12:38 PM |
| EMERGING MARKETS-Brazil stocks up; Cemig rallies on report of planned units sale
finance.yahoo.com - March 13 at 12:38 PM |
| Mid-Morning Market Update: Markets Mostly Higher; Childrens Place Profit Tops Estimates - Benzinga
www.benzinga.com - March 8 at 5:02 PM |
| 5 Things Republicans Want To Change About Obamacare But Might Not Be Able To
finance.yahoo.com - March 3 at 2:34 AM |
| Filing of 2015 20-F Form with the SEC
finance.yahoo.com - February 22 at 9:31 PM |
| STOCKS HIT NEW HIGHS: Here's what you need to know
finance.yahoo.com - February 14 at 5:04 PM |
| STOCKS HIT NEW HIGHS: Here's what you need to know
finance.yahoo.com - February 14 at 5:04 PM |
| Humana issues guidance, raises dividend to $0.40
finance.yahoo.com - February 14 at 5:04 PM |
| Humana issues guidance, raises dividend to $0.40
finance.yahoo.com - February 14 at 5:04 PM |
 | Brazil state opposes Cemig sale to join debt plan, source says
us.rd.yahoo.com - February 1 at 4:34 PM |
| Brazil state rules out Cemig sale as debt relief condition -source
finance.yahoo.com - January 31 at 4:44 PM |
| Brazil state rules out Cemig sale to join debt relief plan, source says
finance.yahoo.com - January 31 at 3:06 AM |
| Andrade 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 |
Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Chart for Sunday, May, 28, 2017
