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NYSE:CIG

Comp En De Mn Cemig ADS (CIG) Stock Price, News & Analysis

Comp En De Mn Cemig ADS logo
$2.08 -0.01 (-0.24%)
As of 11:48 AM Eastern
This is a fair market value price provided by Massive. Learn more.

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

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Key Stats

Today's Range
$2.08
$2.11
50-Day Range
$1.88
$2.24
52-Week Range
$1.87
$2.76
Volume
1.01 million shs
Average Volume
5.91 million shs
Market Capitalization
$5.97 billion
P/E Ratio
10.97
Dividend Yield
11.03%
Price Target
N/A
Consensus Rating
Hold

Company Overview

Companhia Energética de Minas Gerais, commonly known as Cemig, is a Brazilian energy company headquartered in Belo Horizonte, Minas Gerais. Through its subsidiaries, the company operates across the electricity sector, with activities that include power generation, transmission and distribution.

Cemig serves customers primarily in the state of Minas Gerais and has additional generation and transmission operations in other parts of Brazil. Its generation portfolio includes hydroelectric and other renewable energy assets, while its distribution business delivers electricity to residential, commercial and industrial customers. The company also participates in natural gas distribution through Companhia de Gás de Minas Gerais (Gasmig).

Founded in 1952, Cemig is controlled by the government of the state of Minas Gerais and is publicly traded in Brazil and the United States. Its American depositary shares trade on the New York Stock Exchange under the symbol CIG.

AI Generated. May Contain Errors.

Comp En De Mn Cemig ADS Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
27th Percentile Overall Score

CIG MarketRank™: 

Comp En De Mn Cemig ADS scored higher than 27% of companies evaluated by MarketBeat, and ranked 91st out of 96 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Comp En De Mn Cemig ADS has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Comp En De Mn Cemig ADS has only been the subject of 1 research reports in the past 90 days.

  • Read more about Comp En De Mn Cemig ADS's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Comp En De Mn Cemig ADS is 11.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.99.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Comp En De Mn Cemig ADS is 11.03, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 24.13.

  • Price to Book Value per Share Ratio

    Comp En De Mn Cemig ADS has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Comp En De Mn Cemig ADS's valuation and earnings.
  • Percentage of Shares Shorted

    0.19% of the float of Comp En De Mn Cemig ADS has been sold short.
  • Short Interest Ratio / Days to Cover

    Comp En De Mn Cemig ADS has a short interest ratio ("days to cover") of 1.18, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Comp En De Mn Cemig ADS has recently decreased by 2.65%, indicating that investor sentiment is improving.
  • Dividend Leadership

    Comp En De Mn Cemig ADS is a leading dividend payer. It pays a dividend yield of 10.30%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Comp En De Mn Cemig ADS does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Comp En De Mn Cemig ADS is 121.05%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Comp En De Mn Cemig ADS's dividend.
  • Search Interest

    Only 2 people have searched for CIG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
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CIG Stock News Headlines

NASA's ISS Replacement Could Go to This Tiny Space Firm
NASA has commissioned SpaceX to decommission the $150 billion International Space Station, but the contract to build its replacement is reportedly headed to a tiny firm a fraction of SpaceX's size, one NASA has quietly funded for five years. History shows these NASA announcements can move fast: Intuitive Machines jumped 66% in a day, Momentus soared 155%, and Sidus Space climbed 180% after landing subcontractor roles.tc pixel
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CIG Stock Analysis - Frequently Asked Questions

Comp En De Mn Cemig ADS's stock was trading at $2.01 at the beginning of 2026. Since then, CIG shares have increased by 4.2% and is now trading at $2.0950.

Comp En De Mn Cemig ADS (NYSE:CIG) released its earnings results on Thursday, August, 14th. The utilities provider reported $0.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.03. The utilities provider earned $1.83 billion during the quarter, compared to analysts' expectations of $9.19 billion. Comp En De Mn Cemig ADS had a net margin of 10.44% and a trailing twelve-month return on equity of 16.89%.
Read the conference call transcript
.

Comp En De Mn Cemig ADS shares split on the morning of Friday, May 24th 2024.The 130-100 split was announced on Friday, May 24th 2024. The newly minted shares were issued 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 Comp En De Mn Cemig ADS include Corient Private Wealth LP (0.02%), Nykredit A S (0.01%), Nykredit A S (0.01%) and Public Employees Retirement System of Ohio (0.01%).
View institutional ownership trends
.

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 Comp En De Mn Cemig ADS investors own include GE Aerospace (GE), Petroleo Brasileiro S.A.- Petrobras (PBR), Pfizer (PFE), Valero Energy (VLO), Meta Platforms (META), Delta Air Lines (DAL) and Broadcom (AVGO).

Company Calendar

Last Earnings
8/14/2025
Today
9/24/2026
Next Earnings (Estimated)
11/12/2026
Investor Day 2026
11/25/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Utilities
Industry
Electric Utilities
Sub-Industry
Electric Utilities
Current Symbol
NYSE:CIG
CIK
1157557
Fax
N/A
Employees
5,320
Year Founded
1952

Profitability

EPS (Trailing Twelve Months)
$0.19
Trailing P/E Ratio
11.03
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$877.05 million
Net Margins
10.44%
Pretax Margin
11.72%
Return on Equity
16.89%
Return on Assets
7.28%

Debt

Debt-to-Equity Ratio
0.58
Current Ratio
0.93
Quick Ratio
0.93

Sales & Book Value

Annual Sales
$43.73 billion
Price / Sales
0.14
Cash Flow
$0.39 per share
Price / Cash Flow
5.42
Book Value
$1.79 per share
Price / Book
1.17

Miscellaneous

Outstanding Shares
2,861,782,000
Free Float
N/A
Market Cap
$6.00 billion
Optionable
Optionable
Beta
0.75

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This page (NYSE:CIG) was last updated on 9/24/2026 by MarketBeat.com Staff.
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