Comp En De Mn Cemig ADS Company Profile (NYSE:CIG)

About Comp En De Mn Cemig ADS (NYSE:CIG)

Comp En De Mn Cemig ADS logoCompanhia 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: Renewable Utilities
  • Sub-Industry: N/A
  • Symbol: NYSE:CIG
  • CUSIP: N/A
  • Web: www.cemig.com.br
Capitalization:
  • Market Cap: $3.23 billion
  • Outstanding Shares: 1,258,280,000
Average Prices:
  • 50 Day Moving Avg: $2.65
  • 200 Day Moving Avg: $2.63
  • 52 Week Range: $2.06 - $3.84
P/E:
  • Trailing P/E Ratio: 18.10
  • Foreward P/E Ratio: 8.29
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $6.15 billion
  • Price / Sales: 0.53
  • Book Value: $3.34 per share
  • Price / Book: 0.77
Dividend:
  • Annual Dividend: $0.13
  • Dividend Yield: 3.0%
Profitability:
  • EBITDA: $1.37 billion
  • Net Margins: 3.13%
  • Return on Equity: 4.57%
  • Return on Assets: 1.46%
Debt:
  • Debt-to-Equity Ratio: 0.70%
  • Current Ratio: 0.67%
  • Quick Ratio: 0.66%
Misc:
  • Average Volume: 3.77 million shs.
  • Beta: 2.01
  • Short Ratio: 0.88
 

Frequently Asked Questions for Comp En De Mn Cemig ADS (NYSE:CIG)

What is Comp En De Mn Cemig ADS's stock symbol?

Comp En De Mn Cemig ADS trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIG."

When will Comp En De Mn Cemig ADS make its next earnings announcement?

Comp En De Mn Cemig ADS is scheduled to release their next quarterly earnings announcement on Wednesday, November, 15th 2017. View Earnings Estimates for Comp En De Mn Cemig ADS.

Where is Comp En De Mn Cemig ADS's stock going? Where will Comp En De Mn Cemig ADS's stock price be in 2017?

3 analysts have issued 1-year price targets for Comp En De Mn Cemig ADS's shares. Their predictions range from $2.80 to $2.80. On average, they expect Comp En De Mn Cemig ADS's share price to reach $2.80 in the next twelve months. View Analyst Ratings for Comp En De Mn Cemig ADS.

Who are some of Comp En De Mn Cemig ADS's key competitors?

Who are Comp En De Mn Cemig ADS's key executives?

Comp En De Mn Cemig ADS's management team includes the folowing people:

  • Jose Afonso Bicalho Beltrao da Silva, Chairman of the Board
  • Bernardo Afonso Salomao de Alvarenga, Chief Executive Officer, Deputy Chief Executive Officer
  • Adezio De Almeida Lima, Chief Financial and Investor Relations Officer
  • Maura Galuppo Botelho Martins, Chief Officer for Human Relations and Resources
  • Cesar Vaz de Melo Fernandes, Chief Business Development Officer, Member of the Executive Board
  • Raul Lycurgo Leite, Chief Legal Officer
  • Dimas Costa, Chief Trading Officer
  • Jose De Araujo Lins, Corporate Management Officer
  • Franklin Moreira Goncalves, Chief Energy Generation and Transmission Officer, Member of the Executive Board
  • Luis Fernando Paroli Santos, Chief Institutional Relations and Communication Officer, Chief Energy Distribution and Commercialization Officer

Who owns Comp En De Mn Cemig ADS stock?

Comp En De Mn Cemig ADS's stock is owned by many different of institutional and retail investors. Top institutional investors include Eqis Capital Management Inc. (0.00%). View Institutional Ownership Trends for Comp En De Mn Cemig ADS.

Who bought Comp En De Mn Cemig ADS stock? Who is buying Comp En De Mn Cemig ADS stock?

Comp En De Mn Cemig ADS's stock was bought by a variety of institutional investors in the last quarter, including Eqis Capital Management Inc.. View Insider Buying and Selling for Comp En De Mn Cemig ADS.

How do I buy Comp En De Mn Cemig ADS stock?

Shares of Comp En De Mn Cemig ADS can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Comp En De Mn Cemig ADS's stock price today?

One share of Comp En De Mn Cemig ADS stock can currently be purchased for approximately $2.57.


MarketBeat Community Rating for Comp En De Mn Cemig ADS (NYSE CIG)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  83 (Vote Outperform)
Underperform Votes:  146 (Vote Underperform)
Total Votes:  229
MarketBeat's community ratings are surveys of what our community members think about Comp En De Mn Cemig ADS and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Comp En De Mn Cemig ADS (NYSE:CIG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $2.80 (8.95% upside)
Consensus Price Target History for Comp En De Mn Cemig ADS (NYSE:CIG)
Price Target History for Comp En De Mn Cemig ADS (NYSE:CIG)
Analysts' Ratings History for Comp En De Mn Cemig ADS (NYSE:CIG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/14/2017Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$2.10 -> $2.80MediumView Rating Details
6/22/2017Morgan StanleyUpgradeUnderweight -> OverweightHighView Rating Details
4/26/2017J P Morgan Chase & CoDowngradeOverweight -> NeutralHighView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Comp En De Mn Cemig ADS (NYSE:CIG)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Comp En De Mn Cemig ADS (NYSE:CIG)
Current Year EPS Consensus Estimate: $0.21 EPS
Next Year EPS Consensus Estimate: $0.31 EPS

Dividends

Current Dividend Information for Comp En De Mn Cemig ADS (NYSE:CIG)
Most Recent Dividend:12/26/2014
Annual Dividend:$0.13
Dividend Yield:5.06%
Dividend Growth:-54.00% (3 Year Average)
Payout Ratio:61.90% (Based on This Year's Estimates)
41.94% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Comp En De Mn Cemig ADS (NYSE:CIG)

Dividend History by Quarter for Comp En De Mn Cemig ADS (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 Comp En De Mn Cemig ADS (NYSE:CIG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Comp En De Mn Cemig ADS (NYSE:CIG)
Latest Headlines for Comp En De Mn Cemig ADS (NYSE:CIG)
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Social

Chart

Comp En De Mn Cemig ADS (CIG) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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