Companhia Energetica de Minas Gerais S.A. Company Profile (NYSE:CIG)

About Companhia Energetica de Minas Gerais S.A.

Companhia Energetica de Minas Gerais S.A. logoCompanhia Energetica de Minas Gerais CEMIG is a Brazil-based holding company mainly engaged in the generation, transmission and distribution of electricity. The Company operates through the segments: Generation, Transmission, Distribution, Telecom, Gas and Other. The Company generates electricity at approximately 78 hydroelectric plants, three thermoelectric plants and 23 wind farms. 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 telecommunications, national and international energy solutions consulting business, exploitation of natural gas, sale and trading of electricity, trading electricity, and acquisition, transport and distribution of gas and its sub products and derivatives.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: CIG
  • CUSIP:
Key Metrics:
  • Previous Close: $2.70
  • 50 Day Moving Average: $2.7647
  • 200 Day Moving Average: $2.0796
  • 52-Week Range: $1.02 - $3.08
  • Trailing P/E Ratio: 16.1754
  • Foreward P/E Ratio: 8.71
  • P/E Growth: -0.8500
  • Market Cap: $3.40B
  • Outstanding Shares: 1,258,280,000
  • Beta: 1.96
Additional Links:
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Analyst Ratings

Consensus Ratings for Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A

Analysts' Ratings History for Companhia Energetica de Minas Gerais S.A. (NYSE:CIG)
Show:
DateFirmActionRatingPrice TargetDetails
12/17/2015Goldman Sachs Group Inc.DowngradeBuy -> NeutralView Rating Details
6/26/2015JPMorgan Chase & Co.UpgradeUnderweight -> NeutralView Rating Details
(Data available from 8/31/2014 forward)

Earnings

Earnings History for Companhia Energetica de Minas Gerais S.A. (NYSE:CIG)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Companhia Energetica de Minas Gerais S.A. (NYSE:CIG)
Current Year EPS Consensus Estimate: $0.26 EPS
Next Year EPS Consensus Estimate: $0.31 EPS

Dividends

Current Dividend Information for Companhia Energetica de Minas Gerais S.A. (NYSE:CIG)
Annual Dividend:$0.11
Dividend Yield:4.07%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:42.31% (Based on Current Year Consensus EPS Estimate)
35.48% (Based on Next Year Consensus EPS Estimate)

Dividend History for Companhia Energetica de Minas Gerais S.A. (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 Companhia Energetica de Minas Gerais S.A. (NYSE:CIG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Companhia Energetica de Minas Gerais S.A. (NYSE:CIG)
DateHeadline
publicnow.com logoCemig Telecom signs investment agreement for subscription of capital in Ativas (NYSE:CIG)
www.publicnow.com - August 29 at 8:44 PM
News IconPenny Stock Under the Microscope: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - August 25 at 9:36 PM
News IconShares Gapping Before the Open: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Post News (NYSE:CIG)
www.kentuckypostnews.com - August 25 at 9:07 AM
News IconCompanhia Energetica de Minas Gerais S.A.'s (CIG): Stock to Keep Your Eyes on - Hot Stocks Point (NYSE:CIG)
www.hotstockspoint.com - August 25 at 9:07 AM
News IconLooking Closer at Stocks of Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - August 24 at 4:11 PM
News IconMagnifying Stocks of Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - August 24 at 4:11 PM
nasdaq.com logo4 Brazil Stocks to Buy on an Improving Economy - NASDAQ.com - Nasdaq (NYSE:CIG)
www.nasdaq.com - August 23 at 8:22 AM
News IconShares Gapping Down Pre-Market: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Post News (NYSE:CIG)
www.kentuckypostnews.com - August 22 at 4:16 PM
News IconLet's Take a Closer Look at Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - August 22 at 4:16 PM
finance.yahoo.com logo4 Brazil Stocks to Buy on an Improving Economy (NYSE:CIG)
finance.yahoo.com - August 22 at 4:16 PM
News IconCompanhia Energetica de Minas Gerais S.A.'s (CIG): Watch the Active stock of Friday - Hot Stocks Point (NYSE:CIG)
www.hotstockspoint.com - August 22 at 8:58 AM
News IconPenny Stock Alert - Update & Review on This Stock: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - August 20 at 8:16 AM
News IconCompanhia Energetica de Minas Gerais S.A. (NYSE:CIG) To Report September 2016 Results - The Voice Registrar (NYSE:CIG)
voiceregistrar.com - August 19 at 3:18 PM
News IconShares Seen Gapping Down Pre-Market: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Post News (NYSE:CIG)
www.kentuckypostnews.com - August 18 at 11:31 AM
News IconTaking A Closer Look at Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - August 18 at 11:31 AM
News IconStock in the Trader's Focus- Companhia Energetica de Minas Gerais S.A.'s (CIG) - Hot Stocks Point (NYSE:CIG)
www.hotstockspoint.com - August 18 at 11:31 AM
News IconA Closer Look at Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - August 18 at 11:31 AM
News IconNews Review: Companhia Energetica Minas Gerais (ADR)(NYSE:CIG), Bellatrix Exploration Ltd(NYSE:BXE) - NYSE Journal (press release) (NYSE:CIG)
stockznews.com - August 15 at 11:27 AM
finance.yahoo.com logoCOPEL's (ELP) Q2 Earnings Surge Y/Y, Revenues Decrease (NYSE:CIG)
finance.yahoo.com - August 15 at 11:27 AM
News IconSmall Cap Update on: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - August 14 at 8:57 AM
publicnow.com logoCIG diversifies with R850 million electricity pre-paid and smart meter acquisition (NYSE:CIG)
www.publicnow.com - August 11 at 4:19 PM
finance.yahoo.com logoIs Companhia Energetica (CIG) Stock A Great Combo of Value and Growth? (NYSE:CIG)
finance.yahoo.com - August 10 at 4:17 PM
finance.yahoo.com logoBrazil's Cemig reiterates plans for asset sales (NYSE:CIG)
finance.yahoo.com - August 9 at 5:13 PM
finance.yahoo.com logoBrazil's Cemig to sell assets, CEO says -newspaper (NYSE:CIG)
finance.yahoo.com - August 8 at 9:02 AM
News IconEarnings Trend per share for Investors: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG), Dynegy Inc. (NYSE ... - News Oracle (NYSE:CIG)
www.newsoracle.com - August 5 at 12:37 PM
capitalcube.com logoColliers International Group, Inc. :CIG-CA: Earnings Analysis: Q2, 2016 By the Numbers : August 3, 2016 (NYSE:CIG)
www.capitalcube.com - August 3 at 4:16 PM
publicnow.com logoReply to CVM Inquiry Letter 2777/2016-SAE/GAE-2, of July 21, 2016 (NYSE:CIG)
www.publicnow.com - July 26 at 5:28 PM
News IconStock under consideration: Companhia Energetica de Minas Gerais ... - News Oracle (NYSE:CIG)
www.newsoracle.com - July 25 at 3:27 PM
News IconAttention Grasping Stock With Upward Momentum: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - TGP (NYSE:CIG)
telanaganapress.com - July 23 at 8:29 AM
forbes.com logoFriday's ETF with Unusual Volume: DWX (NYSE:CIG)
www.forbes.com - July 22 at 4:15 PM
capitalcube.com logoETF’s with exposure to Companhia Energética de Minas Gerais SA : July 22, 2016 (NYSE:CIG)
www.capitalcube.com - July 22 at 3:01 PM
nasdaq.com logoCompanhia Energetica de Minas Gerais S.A. (CIG) Enters Overbought Territory - Nasdaq (NYSE:CIG)
www.nasdaq.com - July 22 at 12:17 PM
finance.yahoo.com logoCompanhia Energetica de Minas Gerais S.A. (CIG) Enters Overbought Territory (NYSE:CIG)
finance.yahoo.com - July 22 at 9:05 AM
News IconWorth Watching Stocks Watch List: Companhia Energetica Minas Gerais (ADR)(NYSE:CIG), Regions Financial Corp ... - NYSE Journal (press release) (NYSE:CIG)
stockznews.com - July 21 at 4:18 PM
moodys.com logoLight Energia S.A. -- Moody's downgrades the issuer ratings of Light S.A and its subsidiaries to B1/Baa3.br and B1/Baa2.br from Ba3/A3.br, outlook remains negative (NYSE:CIG)
www.moodys.com - July 21 at 11:10 AM
capitalcube.com logoETF’s with exposure to Companhia Energética de Minas Gerais SA : July 19, 2016 (NYSE:CIG)
www.capitalcube.com - July 19 at 12:11 PM
News IconPerformance Overview of the company: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - News Oracle (NYSE:CIG)
www.newsoracle.com - July 15 at 8:18 PM
forbes.com logoThursday's ETF Movers: ILF, GDXJ (NYSE:CIG)
www.forbes.com - July 15 at 12:32 PM
bloomberg.com logoBrazil Top Analyst for Top Stock Predicts More Gains to Come (NYSE:CIG)
www.bloomberg.com - July 15 at 10:31 AM
kcregister.com logoWhy Making Dramatic Moves: Cobalt International Energy (NYSE:CIE), Companhia Energetica Minas Gerais (NYSE ... - KC Register (NYSE:CIG)
www.kcregister.com - July 14 at 4:19 PM
News IconPrice Target Summary: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - News Oracle (NYSE:CIG)
www.newsoracle.com - July 13 at 4:16 PM
News IconEye Catching Stock for investors: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - News Oracle (NYSE:CIG)
www.newsoracle.com - July 12 at 9:40 PM
publicnow.com logoCemig in Brazil’s ICO2 Carbon Efficient Index for 6th consecutive year (NYSE:CIG)
www.publicnow.com - July 12 at 5:23 PM
News IconEye Catching Stock for investors: Companhia Energetica de Minas Gerais S.A. (CIG) - News Oracle (NYSE:CIG)
www.newsoracle.com - July 12 at 8:27 AM
publicnow.com logoClarification of interview given by Cemig's CEO: CemigTelecom ... private sector negotiation (NYSE:CIG)
www.publicnow.com - July 10 at 10:53 PM
News IconPerformance to see: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - News Oracle (NYSE:CIG)
www.newsoracle.com - July 7 at 4:16 PM
News IconEarnings Estimates Analysis: Companhia Energetica de Minas Gerais S.A. (CIG) - News Oracle (NYSE:CIG)
www.newsoracle.com - July 6 at 4:18 PM
News IconStock in Action: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - News Oracle (NYSE:CIG)
www.newsoracle.com - July 6 at 4:18 PM
moodys.com logoCemig Distribuicao S.A. -- Moody's takes rating actions on specific issuers of the Brazilian infrastructure sector (NYSE:CIG)
www.moodys.com - July 5 at 5:29 PM
capitalcube.com logoETF’s with exposure to Companhia Energética de Minas Gerais SA : July 5, 2016 (NYSE:CIG)
www.capitalcube.com - July 5 at 12:46 PM

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Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) Chart for Wednesday, August, 31, 2016


Last Updated on 8/31/2016 by MarketBeat.com Staff