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NYSE:CIG - CEMIG Stock Price, Forecast & News

$3.34
+0.04 (+1.21 %)
(As of 02/23/2020 03:48 PM ET)
Today's Range
$3.26
Now: $3.34
$3.37
50-Day Range
$3.30
MA: $3.53
$3.72
52-Week Range
$2.85
Now: $3.34
$4.11
Volume3.09 million shs
Average Volume3.24 million shs
Market Capitalization$4.87 billion
P/E Ratio13.36
Dividend Yield1.74%
Beta0.04
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$0.41 per share
Book Value$2.99 per share

Profitability

Net Income$476.61 million

Miscellaneous

Employees6,083
Outstanding Shares1,458,750,000
Market Cap$4.87 billion
Next Earnings Date5/21/2020 (Estimated)
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."

When is CEMIG's next earnings date?

CEMIG is scheduled to release their next quarterly earnings announcement on Thursday, May 21st 2020. 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 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CEMIG.

Has CEMIG been receiving favorable news coverage?

Media coverage about CIG stock has been trending negative this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news 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 daily sentiment score of -2.4 on InfoTrie's scale. They also assigned news headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for CEMIG.

Are investors shorting CEMIG?

CEMIG saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 3,550,000 shares, an increase of 13.4% from the December 31st total of 3,130,000 shares. Based on an average trading volume of 3,410,000 shares, the short-interest ratio is presently 1.0 days. Currently, 0.4% of the shares of the company are sold short. 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

Who are CEMIG's major shareholders?

CEMIG's stock is owned by many different of retail and institutional investors. Top institutional investors include Cohen & Steers Inc. (0.04%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (0.02%), Marshall Wace LLP (0.00%) and US Bancorp DE (0.00%).

Which institutional investors are selling CEMIG stock?

CIG stock was sold by a variety of institutional investors in the last quarter, including BNP PARIBAS ASSET MANAGEMENT Holding S.A. and US Bancorp DE.

Which institutional investors are buying CEMIG stock?

CIG stock was purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc. and Marshall Wace LLP.

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 $3.34.

How big of a company is CEMIG?

CEMIG has a market capitalization of $4.87 billion and generates $5.91 billion in revenue each year. The utilities provider earns $476.61 million in net income (profit) each year or $0.25 on an earnings per share basis. 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:  2.1 out of 5 (star star)
Outperform Votes:  229 (Vote Outperform)
Underperform Votes:  325 (Vote Underperform)
Total Votes:  554
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 2/23/2020 by MarketBeat.com Staff

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