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: $2.77
  • 50 Day Moving Average: $2.78
  • 200 Day Moving Average: $2.22
  • 52-Week Range: $1,258,280,000.00 - $1.02
  • Trailing P/E Ratio: 16.33
  • Foreward P/E Ratio: 0.96
  • P/E Growth: 2.60
  • Market Cap: $3.41B
  • Outstanding Shares: 1,258,280,000
  • Beta: 2.08
Profitability:
  • Net Margins: 2.37%
  • Return on Equity: 3.21%
  • Return on Assets: 1.06%
Debt:
  • Debt-to-Equity Ratio: 0.78%
  • Current Ratio: 0.72%
  • Quick Ratio: 0.71%
Additional Links:
Companies Related to Companhia Energetica de Minas Gerais S.A.:

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 9/26/2014 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: $2.52 EPS
Next Year EPS Consensus Estimate: $2.81 EPS

Dividends

Current Dividend Information for Companhia Energetica de Minas Gerais S.A. (NYSE:CIG)
Annual Dividend:$0.11
Dividend Yield:4.09%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:4.37% (Based on Current Year Consensus EPS Estimate)
3.91% (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
News IconKeen Investors Find News on Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - September 24 at 8:28 AM
News IconElectric Utilities Stocks Technical Reports -- Southern, Companhia Energetica de Minas Gerais, Hawaiian Electric Industries, and Atlantica Yield (NYSE:CIG)
www.kswo.com - September 22 at 4:22 PM
News IconPenny Stock Investors Keen on Shares of Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - September 22 at 9:52 AM
News IconKeep an eye on Active stock of Yesterday- Companhia Energetica de Minas Gerais S.A.'s (CIG) - Hot Stocks Point (NYSE:CIG)
www.hotstockspoint.com - September 22 at 9:52 AM
News IconSouthern Company Brings Online Second Gassifier at Kemper - Yahoo News (NYSE:CIG)
www.yahoo.com - September 19 at 5:00 PM
News IconUnder the Microscope: Getting a Closer Look at Shares of Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - September 19 at 5:00 PM
publicnow.com logoCIG Circular to Shareholders Aug 2016 FA (NYSE:CIG)
www.publicnow.com - September 16 at 4:07 PM
finance.yahoo.com logoBrazil's Cemig in talks with potential buyers of Light stake (NYSE:CIG)
finance.yahoo.com - September 16 at 4:07 PM
News IconStock Update, a Closer Look at Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - September 15 at 11:03 AM
News IconKeen Investors Narrowing Their Focus on Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - September 14 at 9:28 PM
News IconTaking a Look at This Dividend Stock With Potential Upside: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Post News (NYSE:CIG)
www.kentuckypostnews.com - September 14 at 4:17 PM
News IconShares Going Lower in Trade: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Post News (NYSE:CIG)
www.kentuckypostnews.com - September 14 at 8:28 AM
News IconGetting a Closer Look at Shares of Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - September 13 at 9:02 AM
News IconTracking This Dividend Stock With Possible Upside Potential: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Post News (NYSE:CIG)
www.kentuckypostnews.com - September 13 at 9:02 AM
finance.yahoo.com logoCEMIG to Sell 49% Stake in Transchile Charrua to Ferrovial (NYSE:CIG)
finance.yahoo.com - September 13 at 9:02 AM
News IconMost Active Trio on Investment Estimation: Companhia Energetica de Minas Gerais SA (NYSE:CIG), NextEra Energy ... - Street Wise Report (press release) (blog) (NYSE:CIG)
streetwisereport.com - September 12 at 8:59 AM
News IconStocks in Focus - Companhia Energetica Minas Gerais (ADR)(NYSE:CIG), Yahoo! Inc. (NASDAQ:YHOO), Vereit Inc ... - NYSE Journal (press release) (NYSE:CIG)
stockznews.com - September 12 at 8:59 AM
News IconStock Under Consideration - Companhia Energetica de Minas Gerais S.A.'s (CIG) - Hot Stocks Point (NYSE:CIG)
www.hotstockspoint.com - September 12 at 8:59 AM
publicnow.com logoReply to BM&FBovespa Inquiry Letter 2861/2016-SAE/GAE-2, of August 8, 2016 (NYSE:CIG)
www.publicnow.com - September 11 at 4:00 PM
publicnow.com logoCemig in Dow Jones Sustainability Index for 17th year running (NYSE:CIG)
www.publicnow.com - September 11 at 4:00 PM
publicnow.com logoTimetable for publication of 2Q 2016 Results (NYSE:CIG)
www.publicnow.com - September 11 at 4:00 PM
News IconStock Seen Gapping Down Before Market Open: Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Post News (NYSE:CIG)
www.kentuckypostnews.com - September 10 at 4:01 PM
4-traders.com logoCompanhia Energetica Minas Gerais : Cemig in Dow Jones Sustainability Index for 17th year running (NYSE:CIG)
www.4-traders.com - September 10 at 8:53 AM
News IconFocusing the Spotlight on Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - September 9 at 9:02 AM
News IconNarrowing the Lens on Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - September 7 at 4:14 PM
News IconStock's Current Update - Companhia Energetica de Minas Gerais S.A.'s (CIG) - Hot Stocks Point (NYSE:CIG)
www.hotstockspoint.com - September 7 at 4:14 PM
News IconNotable Runners: Companhia Energetica Minas Gerais (ADR)(NYSE:CIG), Interpublic Group of Companies Inc (NYSE ... - NYSE Journal (press release) (NYSE:CIG)
stockznews.com - September 7 at 8:30 AM
News IconOTC Investors Supremely Interested in Shares of Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - September 6 at 4:06 PM
finance.yahoo.com logoBrazil's Cemig to use Taesa proceeds to help Renova, source says (NYSE:CIG)
finance.yahoo.com - September 2 at 4:02 PM
publicnow.com logoAbsorption of Redentor by RME (NYSE:CIG)
www.publicnow.com - September 2 at 9:01 AM
News IconStock on the Run - Companhia Energetica de Minas Gerais S.A.'s (CIG) - Hot Stocks Point (NYSE:CIG)
www.hotstockspoint.com - September 1 at 4:08 PM
News IconCompanhia Energetica de Minas Gerais S.A. (NYSE:CIG) Earnings Preview: Should Investors Be Nervous? - The Voice Registrar (NYSE:CIG)
voiceregistrar.com - September 1 at 4:08 PM
finance.yahoo.com logo5 Utility Stocks Still Worth Buying in September (NYSE:CIG)
finance.yahoo.com - September 1 at 4:08 PM
publicnow.com logoDisposal by Cemig of shares in Taesa (NYSE:CIG)
www.publicnow.com - September 1 at 11:55 AM
capitalcube.com logoETF’s with exposure to Companhia Energética de Minas Gerais SA : August 31, 2016 (NYSE:CIG)
www.capitalcube.com - August 31 at 4:11 PM
moodys.com logoAndrade Gutierrez Engenharia S.A. -- Moody's downgrades Andrade Gutierrez Engenharia's ratings to Caa2; outlook remains negative (NYSE:CIG)
www.moodys.com - August 31 at 4:11 PM
News IconZeroing Our Focus on Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) - Duncan Research (NYSE:CIG)
www.duncanindependent.com - August 31 at 9:01 AM
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

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Companhia Energetica de Minas Gerais S.A. (NYSE:CIG) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff