NYSE:CIG - CEMIG Stock Price, News, & Analysis

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$3.00 +0.04 (+1.35 %)
(As of 11/16/2018 04:11 AM ET)
Previous Close$2.96
Today's Range$2.95 - $3.04
52-Week Range$1.56 - $3.29
Volume2.94 million shs
Average Volume4.42 million shs
Market Capitalization$3.73 billion
P/E Ratio11.54
Dividend Yield4.42%
Beta0.38
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. It is also involved in the telecommunications and energy solutions consulting businesses; exploitation of natural gas; sale and trading of electricity; and acquisition, transport, and distribution of gas and its subproducts and derivatives, as well as provision of technology systems and systems for operational management of public service concessions, including companies operating in electricity, gas, water and sewerage, and other utility companies. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electric services
Sub-IndustryN/A
SectorUtilities
Current SymbolNYSE:CIG
Previous Symbol
CUSIPN/A
Phone55-31-3506-3711

Debt

Debt-to-Equity Ratio0.81
Current Ratio0.89
Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio11.54
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$6.80 billion
Price / Sales0.56
Cash Flow$0.4666 per share
Price / Cash6.43
Book Value$3.57 per share
Price / Book0.84

Profitability

EPS (Most Recent Fiscal Year)$0.26
Net Income$313.51 million
Net Margins4.26%
Return on Equity6.47%
Return on Assets2.21%

Miscellaneous

Employees7,119
Outstanding Shares1,260,000,000
Market Cap$3.73 billion
OptionableOptionable

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."

How often does CEMIG pay dividends? What is the dividend yield for CEMIG?

CEMIG announced an annual dividend on Friday, April 6th. Investors of record on Thursday, May 3rd will be given 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.

How were CEMIG's earnings last quarter?

CEMIG (NYSE:CIG) issued its earnings results on Tuesday, September, 11th. The utilities provider reported ($0.01) earnings per share for the quarter. The utilities provider had revenue of $1.54 billion for the quarter. CEMIG had a net margin of 4.26% and a return on equity of 6.47%. View CEMIG's Earnings History.

When is CEMIG's next earnings date?

CEMIG is scheduled to release their next quarterly earnings announcement on Tuesday, November 20th 2018. View Earnings Estimates for CEMIG.

What is the consensus analysts' recommendation for CEMIG?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CEMIG in the last year. There are currently 2 hold 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 been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CEMIG earned a daily sentiment score of 0.5 on InfoTrie's scale. They also gave media headlines about the utilities provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near future.

Who are some of CEMIG's key competitors?

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

Who are CEMIG's major shareholders?

CEMIG's stock is owned by many different of institutional and retail investors. Top institutional shareholders include SPX Equities Gestao de Recursos Ltda (0.00%).

Which major investors are selling CEMIG stock?

CIG stock was sold by a variety of institutional investors in the last quarter, including SPX Equities Gestao de Recursos Ltda.

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, Scottrade, Fidelity and Charles Schwab.

What is CEMIG's stock price today?

One share of CIG stock can currently be purchased for approximately $3.00.

How big of a company is CEMIG?

CEMIG has a market capitalization of $3.73 billion and generates $6.80 billion in revenue each year. The utilities provider earns $313.51 million in net income (profit) each year or $0.26 on an earnings per share basis. CEMIG employs 7,119 workers across the globe.

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:  173 (Vote Outperform)
Underperform Votes:  255 (Vote Underperform)
Total Votes:  428
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 11/16/2018 by MarketBeat.com Staff

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