NYSE:CIGCEMIG Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CEMIG Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $2.21 -0.02 (-0.90 %) (As of 08/5/2020 04:00 PM ET) Add Compare Share Today's Range$2.20Now: $2.21▼$2.2950-Day Range$1.97MA: $2.19▼$2.4552-Week Range$1.28Now: $2.21▼$3.78Volume110,486 shsAverage Volume3.55 million shsMarket Capitalization$3.22 billionP/E RatioN/ADividend Yield2.52%Beta0.75 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for CEMIG. Previous Next 2.1 Community Rank Outperform VotesCEMIG has received 236 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCEMIG has received 334 “underperform” votes. (Add your “underperform” vote.)Community SentimentCEMIG has received 58.60% “underperform” votes from our community.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. Previous Next 0.8 Dividend Strength Dividend YieldCEMIG pays a meaningful dividend of 2.52%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCEMIG does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CEMIG insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 1.34% of the stock of CEMIG is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Book Value per Share RatioCEMIG has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.1Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.71 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Electric services Sub-IndustryN/A SectorUtilities Current SymbolNYSE:CIG Previous Symbol CUSIPN/A CIK1157557 Webwww.cemig.com.br Phone55-31-3506-5024Debt Debt-to-Equity Ratio0.77 Current Ratio1.28 Quick Ratio1.28Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$6.32 billion Price / Sales0.51 Cash Flow$0.48 per share Price / Cash Flow4.65 Book Value$2.76 per share Price / Book0.80Profitability EPS (Most Recent Fiscal Year)N/A Net Income$792.38 million Net Margins12.31% Return on Equity22.95% Return on Assets7.12%Miscellaneous Employees5,596 Outstanding Shares1,458,750,000Market Cap$3.22 billion Next Earnings Date8/18/2020 (Estimated) OptionableOptionable $2.21 -0.02 (-0.90 %) (As of 08/5/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CIG News and Ratings via Email Sign-up to receive the latest news and ratings for CIG and its competitors with MarketBeat's FREE daily newsletter. CEMIG (NYSE:CIG) Frequently Asked Questions How has CEMIG's stock been impacted by COVID-19 (Coronavirus)? CEMIG's stock was trading at $2.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CIG shares have decreased by 8.3% and is now trading at $2.21. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of CEMIG? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CEMIG in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CEMIG. When is CEMIG's next earnings date? CEMIG is scheduled to release its next quarterly earnings announcement on Tuesday, August 18th 2020. View our earnings forecast for CEMIG. Has CEMIG been receiving favorable news coverage? News stories about CIG stock have been trending somewhat negative this week, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing 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 news sentiment score of -1.0 on InfoTrie's scale. They also assigned media coverage about the utilities provider a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the near term. View the latest news about CEMIG. Are investors shorting CEMIG? CEMIG saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 8,460,000 shares, an increase of 6.8% from the June 30th total of 7,920,000 shares. Based on an average daily trading volume, of 4,030,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.9% of the shares of the company are sold short. View CEMIG's Current Options Chain. Who are some of CEMIG's key competitors? Some companies that are related to CEMIG include RED ELECTRICA C/ADR (RDEIY), CenterPoint Energy (CNP), Korea Electric Power (KEP), CENTRAIS ELETRI/S (EBR.B), CENTRAIS ELETRI/S (EBR), Pinnacle West Capital (PNW), Vistra Energy (VST), Enel Americas (ENIA), NRG Energy (NRG), Algonquin Power & Utilities (AQN), Brookfield Renewable Partners (BEP), ENGIE BRASIL EN/S (EGIEY), Huaneng Power International Inc ADR Class N (HNP), OGE Energy (OGE) and CHINA RESOURES/ADR (CRPJY). View all competitors. What other stocks do shareholders of CEMIG own? Based on aggregate information from My MarketBeat watchlists, some companies that other CEMIG investors own include Enterprise Products Partners (EPD), Vale (VALE), Beazer Homes USA (BZH), Energy Transfer LP Unit (ET), Ford Motor (F), PETROLEO BRASIL/ADR (PBR), General Electric (GE), Frontline (FRO), HollyFrontier (HFC) and Companhia Siderurgica Nacional (SID). Who are CEMIG's key executives? CEMIG's management team includes the following 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. BoardMr. Franklin Moreira Gonçalves, Chief Generation & Transmission Officer and Member of Exec. Board (Age 48)Mr. Daniel Faria Costa, Chief Trading Officer & Member of Exec. BoardMr. José de Araújo Lins Neto, Chief Corp. Management Officer & Member of Exec. Board What is CEMIG's stock symbol? CEMIG trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIG." Who are CEMIG's major shareholders? CEMIG's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BNP PARIBAS ASSET MANAGEMENT Holding S.A. (0.06%). Which major investors are buying CEMIG stock? CIG stock was purchased by a variety of institutional investors in the last quarter, including BNP PARIBAS ASSET MANAGEMENT Holding S.A.. 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 $2.21. How big of a company is CEMIG? CEMIG has a market capitalization of $3.22 billion and generates $6.32 billion in revenue each year. CEMIG employs 5,596 workers across the globe. What is CEMIG's official website? The official website for CEMIG is 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 55-31-3506-5024 or via email at [email protected] This page was last updated on 8/5/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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