About Comp En De Mn Cemig ADS (NYSE:CIG)
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: Renewable Utilities
- Sub-Industry: N/A
- Symbol: NYSE:CIG
- CUSIP: N/A
- Web: www.cemig.com.br
- Market Cap: $3.23 billion
- Outstanding Shares: 1,258,280,000
- 50 Day Moving Avg: $2.65
- 200 Day Moving Avg: $2.63
- 52 Week Range: $2.06 - $3.84
Sales & Book Value:
- Trailing P/E Ratio: 18.10
- Foreward P/E Ratio: 8.29
- P/E Growth: 0.00
- Annual Revenue: $6.15 billion
- Price / Sales: 0.53
- Book Value: $3.34 per share
- Price / Book: 0.77
- Annual Dividend: $0.13
- Dividend Yield: 3.0%
- EBITDA: $1.37 billion
- Net Margins: 3.13%
- Return on Equity: 4.57%
- Return on Assets: 1.46%
- Debt-to-Equity Ratio: 0.70%
- Current Ratio: 0.67%
- Quick Ratio: 0.66%
- 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?
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?
Some companies that are related to Comp En De Mn Cemig ADS include Aqua America (WTR), Telekom Austria AG (TKAGY), Telecom Argentina Stet - France Telecom S.A. (TEO), Hellenic Telecom Organization SA (HLTOY), United Utilities Group PLC (UU), Vectren Corp (VVC), Algonquin Power & Utilities Corp (AQN), Calpine Corporation (CPN), MDU Resources Group (MDU), Severn Trent Plc (SVT), National Fuel Gas Company (NFG), Pampa Energia S.A. (PAM), IDACORP (IDA), WGL Holdings (WGL), Algonquin Power & Utilities Corp. (AQN), Northland Power (NPI), Portland General Electric Company (POR) and Allete (ALE).
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?
Who bought Comp En De Mn Cemig ADS stock? Who is buying Comp En De Mn Cemig ADS stock?
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?
MarketBeat Community Rating for Comp En De Mn Cemig ADS (NYSE CIG)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.
One share of Comp En De Mn Cemig ADS stock can currently be purchased for approximately $2.57.
Consensus Ratings for Comp En De Mn Cemig ADS (NYSE:CIG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for Comp En De Mn Cemig ADS (NYSE:CIG)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/14/2017||Goldman Sachs Group, Inc. (The)||Upgrade||Sell -> Neutral||$2.10 -> $2.80||Medium|
|6/22/2017||Morgan Stanley||Upgrade||Underweight -> Overweight||High|
|4/26/2017||J P Morgan Chase & Co||Downgrade||Overweight -> Neutral||High|
Earnings History for Comp En De Mn Cemig ADS (NYSE:CIG)
No earnings announcements for this company have been tracked by MarketBeat.com
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
Current Dividend Information for Comp En De Mn Cemig ADS (NYSE:CIG)
|Most Recent Dividend:||12/26/2014|
|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 History by Quarter for Comp En De Mn Cemig ADS (NYSE CIG)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Comp En De Mn Cemig ADS (NYSE:CIG)
No insider trades for this company have been tracked by MarketBeat.com
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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Comp En De Mn Cemig ADS (CIG) Chart for Sunday, October, 22, 2017