-logo.jpg "Comp En De Mn Cemig ADS logo")
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
Capitalization:- Market Cap: $3.57511 billion
- Outstanding Shares: 1,258,280,000
Average Prices:- 50 Day Moving Avg: $2.69
- 200 Day Moving Avg: $2.76
- 52 Week Range: $2.06 - $3.84
P/E:- Trailing P/E Ratio: 20.21
- Foreward P/E Ratio: Infinity
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $6.16 billion
- Price / Sales: 0.59
- Book Value: $3.34 per share
- Price / Book: 0.86
Dividend:- Annual Dividend: $0.13
- Dividend Yield: 4.5%
Profitability:Debt:- Debt-to-Equity Ratio: 0.70%
- Current Ratio: 0.67%
- Quick Ratio: 0.66%
Misc:- Average Volume: 3.59 million shs.
- Beta: 1.92
- 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 equities research analysts have issued 1 year target prices for Comp En De Mn Cemig ADS's stock. Their forecasts range from $2.80 to $2.80. On average, they anticipate Comp En De Mn Cemig ADS's stock 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 Pepco Holdings LLC (POM), Empresa Nacional de Electricidad S.A. (EOCC), Great Plains Energy (GXP), Telekom Austria AG (TKAGY), Aqua America (WTR), Hellenic Telecom Organization SA (HLTOY), Telecom Argentina Stet - France Telecom S.A. (TEO), United Utilities Group PLC (UU), Brookfield Renewable Partners L.P. (BEP), Vectren Corporation (VVC), Calpine Corporation (CPN), MDU Resources Group (MDU), Severn Trent Plc (SVT), National Fuel Gas Company (NFG), Algonquin Power & Utilities Corp (AQN), IDACORP (IDA), Pampa Energia S.A. (PAM) and WGL Holdings (WGL).
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 a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (0.65%), Goldman Sachs Group Inc. (0.63%), Parametric Portfolio Associates LLC (0.53%), Acadian Asset Management LLC (0.48%), TSP Capital Management Group LLC (0.17%) and State Street Corp (0.16%). View Institutional Ownership Trends for Comp En De Mn Cemig ADS.
Who sold Comp En De Mn Cemig ADS stock? Who is selling Comp En De Mn Cemig ADS stock?
Comp En De Mn Cemig ADS's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Goldman Sachs Group Inc., SG Americas Securities LLC, Russell Investments Group Ltd., State Street Corp, State of Wisconsin Investment Board, Hexavest Inc. and Royal Bank of Canada. View Insider Buying and Selling 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 acquired by a variety of institutional investors in the last quarter, including Newfoundland Capital Management, Vanguard Group Inc., Quantitative Investment Management LLC, BNP Paribas Arbitrage SA, JPMorgan Chase & Co., Deltec Asset Management LLC, TSP Capital Management Group LLC and Parametric Portfolio Associates LLC. 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 $2.87.
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.
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 (2.44% downside) |
Analysts' Ratings History for Comp En De Mn Cemig ADS (NYSE:CIG)
Show:
| 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 | |
(Data available from 9/19/2015 forward)
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: $0.24 EPS
Current Dividend Information for Comp En De Mn Cemig ADS (NYSE:CIG)| Most Recent Dividend: | 12/26/2014 |
| Annual Dividend: | $0.13 |
| Dividend Yield: | 4.53% |
| Dividend Growth: | -54.00% (3 Year Average) |
| Payout Ratio: | 54.17% (Based on This Year's Estimates)
Infinity (Based on Next Year's Estimates)
|
Dividend History by Quarter for Comp En De Mn Cemig ADS (NYSE CIG)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 11/10/2014 | special | $0.34 | | 11/13/2014 | 11/17/2014 | 12/26/2014 |
| 11/7/2014 | | $0.35 | | 11/10/2014 | 11/7/2014 | 12/19/2014 |
| 12/9/2013 | special | $0.23 | | 12/12/2013 | 12/16/2013 | 12/27/2013 |
| 7/23/2013 | semiannual | $0.13 | 3.96% | 5/2/2013 | 5/6/2013 | 7/25/2013 |
| 7/3/2013 | semiannual | $0.32 | 16.45% | 5/2/2013 | 5/6/2013 | 7/5/2013 |
(Data available from 1/1/2013 forward)
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)
| Source: |
|
| Date | Headline |
|---|
 | Brazil's Vale to meet debt target before implementing new growth plans -exec
finance.yahoo.com - September 18 at 8:26 PM |
| EMERGING MARKETS-Brazil currency falls as Temer faces fresh graft probe
finance.yahoo.com - September 12 at 10:54 PM |
| EMERGING MARKETS-Brazil currency weaker as Temer falls under police suspicion
finance.yahoo.com - September 12 at 5:51 PM |
 | Head to Head Contrast: TerraForm Power (TERP) vs. Comp En De Mn Cemig ADS (CIG)
www.americanbankingnews.com - September 11 at 2:18 PM |
| Brazil's Andrade Gutierrez walks out of Cemig shareholder accord
finance.yahoo.com - September 7 at 10:21 PM |
| Comp En De Mn Cemig ADS (CIG) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 6 at 2:28 AM |
| EMERGING MARKETS-Chile peso touches 2-year high vs dollar as copper soars
finance.yahoo.com - August 29 at 5:34 PM |
| China's SPIC to participate in Brazil dam auctions -source
finance.yahoo.com - August 28 at 5:05 PM |
| Comparing TerraForm Power (TERP) and Comp En De Mn Cemig ADS (CIG)
www.americanbankingnews.com - August 20 at 12:18 AM |
| Reviewing TransAlta Corporation (TAC) and Comp En De Mn Cemig ADS (CIG)
www.americanbankingnews.com - August 17 at 12:20 PM |
| Brazil's Cemig profit misses estimates as financial income slumps
finance.yahoo.com - August 16 at 10:41 PM |
| Companhia Energética de Minas Gerais SA : CIG-US: Dividend Analysis : May 17th, 2017 (record date) : By the numbers : August 16, 2017
finance.yahoo.com - August 16 at 5:40 PM |
| Brazil's Cemig profit misses estimates as financial income slumps
finance.yahoo.com - August 14 at 5:37 PM |
| Comp En De Mn Cemig ADS (NYSE:CIG) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - August 12 at 2:32 AM |
| China's Ciri says Chinese groups vying for Cemig energy assets
finance.yahoo.com - July 19 at 6:23 PM |
| Chinese may bid for Brazil clean energy assets -letter
finance.yahoo.com - July 19 at 6:23 PM |
| Comp En De Mn Cemig ADS (CIG) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 18 at 2:43 PM |
| Comp En De Mn Cemig ADS (NYSE:CIG) Rating Increased to Neutral at Goldman Sachs Group, Inc. (The)
www.americanbankingnews.com - July 16 at 12:02 AM |
| EMERGING MARKETS-Mexico peso extends gains on trade talk hopes
finance.yahoo.com - July 10 at 5:13 PM |
| Brazil's Cemig vows to use asset sales to repay debt
finance.yahoo.com - July 10 at 5:13 PM |
| Cigna to Wave Goodbye to Connecticut's Individual Healthcare Market in 2018
finance.yahoo.com - July 6 at 6:26 PM |
| Azure Power Global (AZRE) versus Comp En De Mn Cemig ADS (CIG) Financial Survey
www.americanbankingnews.com - July 4 at 8:28 AM |
| ETFs with exposure to Companhia Energética de Minas Gerais SA : July 3, 2017
finance.yahoo.com - July 3 at 5:11 PM |
| Comp En De Mn Cemig ADS (CIG) Rating Increased to Hold at BidaskClub
www.americanbankingnews.com - June 29 at 9:52 PM |
| Comp En De Mn Cemig ADS (CIG) versus 8point3 Energy Partners (CAFD) Critical Contrast
www.americanbankingnews.com - June 27 at 6:22 PM |
| Companhia Energetica (CIG) in Focus: Stock Moves 6.4% Higher
finance.yahoo.com - June 23 at 4:55 PM |
| ETFs with exposure to Companhia Energética de Minas Gerais SA : June 22, 2017
finance.yahoo.com - June 22 at 4:32 PM |
| Comp En De Mn Cemig ADS (CIG) Upgraded to "Overweight" at Morgan Stanley
www.americanbankingnews.com - June 22 at 1:38 PM |
| Comp En De Mn Cemig ADS (CIG) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - June 22 at 12:40 PM |
| CEMIG (CIG) to Sell Interest in Light, Aims Deleveraging
finance.yahoo.com - June 22 at 11:09 AM |
| Companhia Energética de Minas Gerais SA :CIG-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017
finance.yahoo.com - June 21 at 5:28 PM |
| Comp En De Mn Cemig ADS (CIG) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - June 16 at 6:06 PM |
 | Mid-Afternoon Market Update: Valeant Jumps On iNova Pharma Sale; MidSouth Bancorp Shares Drop - Nasdaq
www.nasdaq.com - June 8 at 5:17 PM |
| Brazil state wants Cesp sale by September, sources say
finance.yahoo.com - June 8 at 5:17 PM |
| China firms, foreign funds seen as bidders for Eletrobras, Cemig assets
finance.yahoo.com - June 7 at 7:24 PM |
| Companhia Energetica de Minas Gerais - CEMIG -- Moody's downgrades Cemig and its subsidiaries to B2/Ba1.br from B1/Baa1.br; outlook remains negative
finance.yahoo.com - June 7 at 2:22 PM |
| EMERGING MARKETS-LatAm currencies, stocks up as U.S. data tempers rate-hike bets
finance.yahoo.com - June 2 at 5:49 PM |
| Brazil utility Cemig files to sell 6.5 bln reais in assets
finance.yahoo.com - June 1 at 9:53 PM |
| Brazil's utility Cemig may sell up to 6.5 bln reais in assets to reduce debt -filing
finance.yahoo.com - June 1 at 4:51 PM |
| Zacks: Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 1 at 8:34 AM |
| Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Short Interest Update
www.americanbankingnews.com - June 1 at 7:03 AM |
| Mid-Day Market Update: Container Store Climbs On Earnings Beat; Ooma Shares Plummet - Nasdaq
www.nasdaq.com - May 24 at 4:10 PM |
 | Mid-Afternoon Market Update: Aegean Marine Petroleum Drops On Downbeat Earnings; Inovio Shares Surge - Benzinga
www.benzinga.com - May 24 at 4:10 PM |
| EMERGING MARKETS-Latam markets higher as Brazil stocks, currency rebound
finance.yahoo.com - May 19 at 4:12 PM |
| ETFs with exposure to Companhia Energética de Minas Gerais SA : May 19, 2017
finance.yahoo.com - May 19 at 4:12 PM |
| Cemig Files 2016 20-F Form with the SEC
finance.yahoo.com - May 17 at 4:21 PM |
| Zacks: Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Given $3.20 Average Price Target by Analysts
www.americanbankingnews.com - May 17 at 12:46 PM |
| Brazilian power company Cemig to announce asset sale program
finance.yahoo.com - May 16 at 4:21 PM |
| Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Short Interest Up 73.9% in April
www.americanbankingnews.com - May 16 at 7:02 AM |
| ETFs with exposure to Companhia Energética de Minas Gerais SA : May 15, 2017
finance.yahoo.com - May 15 at 6:16 PM |
Comp En De Mn Cemig ADS (CIG) Chart for Tuesday, September, 19, 2017
