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CEMIG Stock Price, Forecast & Analysis (NYSE:CIG)

$2.97
-0.07 (-2.30 %)
(As of 11/15/2019 04:00 PM ET)
Today's Range
$2.95
Now: $2.97
$3.02
50-Day Range
$2.97
MA: $3.28
$3.41
52-Week Range
$2.95
Now: $2.97
$4.11
Volume2.21 million shs
Average Volume3.42 million shs
Market Capitalization$4.33 billion
P/E RatioN/A
Dividend Yield3.12%
Beta0.12
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Brazil. The company generates electricity through renewable energy sources, such as water, wind, sun, and biomass; or non-renewable sources, including fossil and nuclear fuels. As of December 31, 2016, it operated hydroelectric plants, thermoelectric plants, and solar plants with a total installed capacity of approximately 8,000 megawatts in 10 states of Brazil. Read More…

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
Phone55-31-3506-3711

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.91 billion
Cash Flow$0.40 per share
Book Value$2.99 per share

Profitability

Net Income$476.61 million

Miscellaneous

Employees6,083
Outstanding Shares1,458,750,000
Market Cap$4.33 billion
Next Earnings DateN/A
OptionableOptionable

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CEMIG (NYSE:CIG) Frequently Asked Questions

What is CEMIG's stock symbol?

CEMIG trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIG."

What is the consensus analysts' recommendation for CEMIG?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CEMIG in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CEMIG.

Has CEMIG been receiving favorable news coverage?

Press coverage about CIG stock has trended neutral recently, InfoTrie reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. CEMIG earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for CEMIG.

Are investors shorting CEMIG?

CEMIG saw a increase in short interest in October. As of October 31st, there was short interest totalling 5,000,000 shares, an increase of 12.6% from the September 30th total of 4,440,000 shares. Based on an average trading volume of 3,310,000 shares, the short-interest ratio is presently 1.5 days. Approximately 0.5% of the shares of the stock are short sold. View CEMIG's Current Options Chain.

Who are some of CEMIG's key competitors?

What other stocks do shareholders of CEMIG own?

Who are CEMIG's key executives?

CEMIG's management team includes the folowing people:
  • Mr. Bernardo Afonso Salomão de Alvarenga, CEO, Pres of Exec. Board & Director (Age 67)
  • Mr. Maurício Fernandes Leonardo Jr., Júnior, Chief Officer for Fin. & Investor Relations and Member of Exec. Board
  • Mr. Franklin Moreira Gonçalves, Chief Generation & Transmission Officer and Member of Exec. Board (Age 48)
  • Mr. Daniel Faria Costa, Chief Trading Officer & Member of Exec. Board
  • Mr. José de Araújo Lins Neto, Chief Corp. Management Officer & Member of Exec. Board

How do I buy shares of CEMIG?

Shares of CIG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is CEMIG's stock price today?

One share of CIG stock can currently be purchased for approximately $2.97.

How big of a company is CEMIG?

CEMIG has a market capitalization of $4.33 billion and generates $5.91 billion in revenue each year. CEMIG employs 6,083 workers across the globe.View Additional Information About CEMIG.

What is CEMIG's official website?

The official website for CEMIG is http://www.cemig.com.br/.

How can I contact CEMIG?

CEMIG's mailing address is AVENIDA BARBACENA 1200, BELO HORIZONTE D5, 10019. The utilities provider can be reached via phone at 55-31-3506-3711 or via email at [email protected]


MarketBeat Community Rating for CEMIG (NYSE CIG)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  210 (Vote Outperform)
Underperform Votes:  307 (Vote Underperform)
Total Votes:  517
MarketBeat's community ratings are surveys of what our community members think about CEMIG and other stocks. Vote "Outperform" if you believe CIG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CIG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/16/2019 by MarketBeat.com Staff

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