NYSE:CIG - CEMIG Stock Price, Price Target & More

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

CEMIG announced an annual dividend on Friday, April 6th. Investors of record on Thursday, May 3rd will be paid a dividend of $0.13 per share on Thursday, May 3rd. This represents a dividend yield of 5.35%. The ex-dividend date of this dividend is Wednesday, May 2nd. View CEMIG's Dividend History.

CEMIG is scheduled to release their next quarterly earnings announcement on Tuesday, May, 15th 2018. View Earnings Estimates for CEMIG.

4 brokers have issued twelve-month price targets for CEMIG's shares. Their forecasts range from $2.80 to $2.80. On average, they expect CEMIG's share price to reach $2.80 in the next twelve months. View Analyst Ratings for CEMIG.

CEMIG saw a increase in short interest in March. As of March 29th, there was short interest totalling 7,108,963 shares, an increase of 63.1% from the March 15th total of 4,357,326 shares. Based on an average daily volume of 3,092,553 shares, the short-interest ratio is presently 2.3 days. Approximately 0.7% of the shares of the stock are short sold.

Some companies that are related to CEMIG include Centrica (CPYYY), Houston Lighting & Power (CNP), Red Eléctrica de Espańa (RDEIY), NRG Energy (NRG), Huaneng Power International (HNP), Vistra Energy (VST), Pinnacle West Capital (PNW), China Resources Power (CRPJY), ENGIE Brasil (EGIEY), Eletrobras (EBR), CPFL Energia (CPL), Great Plains Energy (GXP), OGE Energy (OGE), Enel Generación Chile (EOCC) and Enel Chile (ENIC).

Media stories about CIG stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CEMIG earned a daily sentiment score of 0.06 on Accern's scale. They also gave media stories about the utilities provider an impact score of 45.99 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

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, Scottrade, Fidelity and Charles Schwab.

One share of CIG stock can currently be purchased for approximately $2.38.

CEMIG has a market capitalization of $3.00 billion and generates $5.77 billion in revenue each year. The utilities provider earns $95.75 million in net income (profit) each year or $0.08 on an earnings per share basis. CEMIG employs 7,119 workers across the globe.

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]