Comp En De Mn Cemig ADS Stock Price, News & Analysis (NYSE:CIG)

$2.07 -0.06 (-2.82 %)
(As of 11/22/2017 02:31 AM ET)
Previous Close$2.13
Today's Range$2.07 - $2.12
52-Week Range$1.95 - $3.84
Volume2.63 million shs
Average Volume4.54 million shs
Market Capitalization$2.95 billion
P/E RatioN/A
Dividend Yield6.03%
Beta2.01

About Comp En De Mn Cemig ADS (NYSE:CIG)

Comp En De Mn Cemig ADS logoCompanhia 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:
  • Industry: Renewable Utilities
  • Sub-Industry: N/A
  • Sector: Utilities
  • Symbol: NYSE:CIG
  • CUSIP: N/A
  • Web: www.cemig.com.br
Debt:
  • Debt-to-Equity Ratio: 0.70%
  • Current Ratio: 0.67%
  • Quick Ratio: 0.66%
Sales & Book Value:
  • Annual Sales: $5.77 billion
  • Price / Sales: 0.45
  • Cash Flow: $0.27 per share
  • Price / Cash: 7.58
  • Book Value: $2.95 per share
  • Price / Book: 0.70
Dividend:
  • Annual Dividend: $0.13
  • Dividend Yield: 6.0%
Profitability:
  • Trailing EPS: $0.02
  • Net Income: $95.75 million
  • Net Margins: 3.13%
  • Return on Equity: 4.57%
  • Return on Assets: 1.46%
Misc:
  • Employees: 7,119
  • Outstanding Shares: 1,258,840,000
 

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?

Comp En De Mn Cemig ADS is scheduled to release their next quarterly earnings announcement on Wednesday, November, 22nd 2017. View Earnings Estimates for Comp En De Mn Cemig ADS.

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 brokers have issued 1 year target prices for Comp En De Mn Cemig ADS's stock. Their predictions range from $2.80 to $2.80. On average, they expect 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?

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 (Age 68)
  • Bernardo Afonso Salomao de Alvarenga, Chief Executive Officer, Deputy Chief Executive Officer (Age 65)
  • Adezio De Almeida Lima, Chief Financial and Investor Relations Officer (Age 61)
  • Maura Galuppo Botelho Martins, Chief Officer for Human Relations and Resources (Age 56)
  • Cesar Vaz de Melo Fernandes, Chief Business Development Officer, Member of the Executive Board (Age 59)
  • Raul Lycurgo Leite, Chief Legal Officer (Age 43)
  • 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 (Age 46)
  • Luis Fernando Paroli Santos, Chief Institutional Relations and Communication Officer, Chief Energy Distribution and Commercialization Officer (Age 45)

Who owns Comp En De Mn Cemig ADS stock?

Comp En De Mn Cemig ADS's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (0.37%), Dimensional Fund Advisors LP (0.10%), Daiwa Securities Group Inc. (0.03%), SG Americas Securities LLC (0.02%), Aperio Group LLC (0.02%) and Deltec Asset Management LLC (0.02%). 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 Daiwa Securities Group Inc., State of Wisconsin Investment Board, SG Americas Securities LLC, Cubist Systematic Strategies LLC, Deltec Asset Management LLC, Dimensional Fund Advisors LP and Aperio Group LLC. 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 purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Pinebridge Investments L.P., Forward Management LLC, Virtu Financial LLC, Crossmark Global Holdings Inc., Dynamic Technology Lab Private Ltd, First Trust Advisors LP and Eqis Capital Management Inc.. 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 with access to the U.S. stock market 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 $2.07.

How big of a company is Comp En De Mn Cemig ADS?

Comp En De Mn Cemig ADS has a market capitalization of $2.95 billion and generates $5.77 billion in revenue each year. The utilities provider earns $95.75 million in net income (profit) each year or $0.02 on an earnings per share basis. Comp En De Mn Cemig ADS employs 7,119 workers across the globe.

How can I contact Comp En De Mn Cemig ADS?

Comp En De Mn Cemig ADS's mailing address is Av Barbacena. 1200 - 5 Andar / B1, BELO HORIZONTE, 30.190-131, Brazil. The utilities provider can be reached via phone at +55-31-35065024 or via email at [email protected]


MarketBeat Community Rating for Comp En De Mn Cemig ADS (NYSE CIG)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  88 (Vote Outperform)
Underperform Votes:  152 (Vote Underperform)
Total Votes:  240
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.

Analyst Ratings

Analysts' Consensus Rating for Comp En De Mn Cemig ADS (NYSE:CIG)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 2 Hold Ratings, 1 Buy Rating, 0 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $2.80 (35.27% upside)

Consensus Price Target History for Comp En De Mn Cemig ADS (NYSE:CIG)

Price Target History for Comp En De Mn Cemig ADS (NYSE:CIG)

Analysts' Ratings History for Comp En De Mn Cemig ADS (NYSE:CIG)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/14/2017Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$2.10 -> $2.80MediumView Rating Details
6/22/2017Morgan StanleyUpgradeUnderweight -> OverweightHighView Rating Details
4/26/2017J P Morgan Chase & CoDowngradeOverweight -> NeutralHighView Rating Details
(Data available from 11/22/2015 forward)

Earnings

Earnings History for Comp En De Mn Cemig ADS (NYSE:CIG)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Comp En De Mn Cemig ADS (NYSE:CIG)
Current Year EPS Consensus Estimate: $0.24 EPS

Dividends

Current Dividend Information for Comp En De Mn Cemig ADS (NYSE:CIG)

Most Recent Dividend:12/26/2014
Annual Dividend:$0.13
Dividend Yield:6.28%
Dividend Growth:-54.00% (3 Year Average)
Payout Ratio:650.00% (Trailing 12 Months of Earnings)
54.17% (Based on This Year's Estimates)
Dividend Payments by Quarter for Comp En De Mn Cemig ADS (NYSE:CIG)

Dividend History by Quarter for Comp En De Mn Cemig ADS (NYSE CIG)

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/10/2014special$0.3411/13/201411/17/201412/26/2014
11/7/2014$0.3511/10/201411/7/201412/19/2014
12/9/2013special$0.2312/12/201312/16/201312/27/2013
7/23/2013semiannual$0.133.96%5/2/20135/6/20137/25/2013
7/3/2013semiannual$0.3216.45%5/2/20135/6/20137/5/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Comp En De Mn Cemig ADS (NYSE CIG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Comp En De Mn Cemig ADS (NYSE CIG)

Source:
DateHeadline
Companhia Energetica (CIG) Incurs Loss in Q3 on High CostsCompanhia Energetica (CIG) Incurs Loss in Q3 on High Costs
finance.yahoo.com - November 17 at 2:26 PM
How These Electric Utilities Stocks are Performing? -- Atlantica Yield, Companhia Energetica de Minas Gerais ... - PR Newswire (press release)How These Electric Utilities Stocks are Performing? -- Atlantica Yield, Companhia Energetica de Minas Gerais ... - PR Newswire (press release)
www.prnewswire.com - November 9 at 8:05 PM
ETFs with exposure to Companhia Energética de Minas Gerais SA : November 8, 2017ETFs with exposure to Companhia Energética de Minas Gerais SA : November 8, 2017
finance.yahoo.com - November 8 at 9:08 PM
ETFs with exposure to Companhia Energética de Minas Gerais SA : October 26, 2017ETFs with exposure to Companhia Energética de Minas Gerais SA : October 26, 2017
finance.yahoo.com - October 26 at 5:30 PM
Comp En De Mn Cemig ADS (CIG) Given Consensus Rating of "Hold" by AnalystsComp En De Mn Cemig ADS (CIG) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - October 26 at 3:32 AM
Brazils Cemig fires business development director, sources sayBrazil's Cemig fires business development director, sources say
finance.yahoo.com - October 20 at 5:26 PM
ETFs with exposure to Companhia Energética de Minas Gerais SA : October 3, 2017ETFs with exposure to Companhia Energética de Minas Gerais SA : October 3, 2017
finance.yahoo.com - October 3 at 5:02 PM
EMERGING MARKETS-LatAm currencies weaken on Yellen comments, Trump tax planEMERGING MARKETS-LatAm currencies weaken on Yellen comments, Trump tax plan
finance.yahoo.com - October 2 at 4:55 PM
Cemig to exit Brazils Renova as Brookfield hints at higher bid: sourcesCemig to exit Brazil's Renova as Brookfield hints at higher bid: sources
finance.yahoo.com - October 2 at 4:55 PM
Exclusive: Brazils Minas state to oust Cemig CEO Alvarenga, sources sayExclusive: Brazil's Minas state to oust Cemig CEO Alvarenga, sources say
finance.yahoo.com - October 2 at 4:55 PM
Comp En De Mn Cemig ADS (CIG) Given Average Rating of "Hold" by BrokeragesComp En De Mn Cemig ADS (CIG) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - October 1 at 2:50 AM
ETFs with exposure to Companhia Energética de Minas Gerais SA : September 22, 2017ETFs with exposure to Companhia Energética de Minas Gerais SA : September 22, 2017
finance.yahoo.com - September 22 at 4:12 PM
Companhia Energética de Minas Gerais SA :CIG-US: Earnings Analysis: Q2, 2017 By the Numbers : September 21, 2017Companhia Energética de Minas Gerais SA :CIG-US: Earnings Analysis: Q2, 2017 By the Numbers : September 21, 2017
finance.yahoo.com - September 21 at 5:03 PM
Brazils Vale to meet debt target before implementing new growth plans -execBrazil'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 probeEMERGING 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 suspicionEMERGING 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)Head to Head Contrast: TerraForm Power (TERP) vs. Comp En De Mn Cemig ADS (CIG)
www.americanbankingnews.com - September 11 at 2:18 PM
Brazils Andrade Gutierrez walks out of Cemig shareholder accordBrazil's Andrade Gutierrez walks out of Cemig shareholder accord
finance.yahoo.com - September 7 at 10:21 PM
EMERGING MARKETS-Chile peso touches 2-year high vs dollar as copper soarsEMERGING MARKETS-Chile peso touches 2-year high vs dollar as copper soars
finance.yahoo.com - August 29 at 5:34 PM
Chinas SPIC to participate in Brazil dam auctions -sourceChina'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)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)Reviewing TransAlta Corporation (TAC) and Comp En De Mn Cemig ADS (CIG)
www.americanbankingnews.com - August 17 at 12:20 PM
Brazils Cemig profit misses estimates as financial income slumpsBrazil'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, 2017Companhia 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
Brazils Cemig profit misses estimates as financial income slumpsBrazil'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 BrokeragesComp En De Mn Cemig ADS (NYSE:CIG) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - August 12 at 2:32 AM
Chinas Ciri says Chinese groups vying for Cemig energy assetsChina'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 -letterChinese 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 BrokeragesComp 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)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 hopesEMERGING MARKETS-Mexico peso extends gains on trade talk hopes
finance.yahoo.com - July 10 at 5:13 PM
Brazils Cemig vows to use asset sales to repay debtBrazil's Cemig vows to use asset sales to repay debt
finance.yahoo.com - July 10 at 5:13 PM
Cigna to Wave Goodbye to Connecticuts Individual Healthcare Market in 2018Cigna 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 SurveyAzure 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, 2017ETFs with exposure to Companhia Energética de Minas Gerais SA : July 3, 2017
finance.yahoo.com - July 3 at 5:11 PM
Mid-Afternoon Market Update: Valeant Jumps On iNova Pharma Sale; MidSouth Bancorp Shares Drop - NasdaqMid-Afternoon Market Update: Valeant Jumps On iNova Pharma Sale; MidSouth Bancorp Shares Drop - Nasdaq
www.nasdaq.com - June 8 at 5:17 PM
Mid-Day Market Update: Container Store Climbs On Earnings Beat; Ooma Shares Plummet - NasdaqMid-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 - BenzingaMid-Afternoon Market Update: Aegean Marine Petroleum Drops On Downbeat Earnings; Inovio Shares Surge - Benzinga
www.benzinga.com - May 24 at 4:10 PM
Mid-Morning Market Update: Markets Open Higher; McDonalds Earnings Beat Estimates - BenzingaMid-Morning Market Update: Markets Open Higher; McDonald's Earnings Beat Estimates - Benzinga
www.benzinga.com - April 26 at 9:19 PM
Mid-Morning Market Update: Markets Open Higher; McDonalds Earnings Beat EstimatesMid-Morning Market Update: Markets Open Higher; McDonald's Earnings Beat Estimates
www.nasdaq.com - April 25 at 12:13 PM
Earnings Scheduled For March 31, 2017 - BenzingaEarnings Scheduled For March 31, 2017 - Benzinga
www.benzinga.com - March 31 at 9:29 PM
Mid-Afternoon Market Update: Dow Drops 50 Points; TRC Companies Shares Spike Higher - BenzingaMid-Afternoon Market Update: Dow Drops 50 Points; TRC Companies Shares Spike Higher - Benzinga
www.benzinga.com - March 31 at 9:29 PM
Mid-Morning Market Update: Markets Mostly Lower; Paychex Profit Tops ViewsMid-Morning Market Update: Markets Mostly Lower; Paychex Profit Tops Views
www.nasdaq.com - March 29 at 12:18 PM
How to Trade Wednesdays Most Active Stocks -- Frontier, Nike, Sears and MoreHow to Trade Wednesday's Most Active Stocks -- Frontier, Nike, Sears and More
us.rd.yahoo.com - March 22 at 3:50 PM
Mid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics ... - BenzingaMid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics ... - Benzinga
www.benzinga.com - March 21 at 7:55 AM
Light Energia S.A. -- Moodys places the ratings of Light S.A, Light SESA and Light Energia under review for upgradeLight Energia S.A. -- Moody's places the ratings of Light S.A, Light SESA and Light Energia under review for upgrade
www.moodys.com - March 17 at 3:46 PM
Cia Energetica de Minas Gerais (CIG) Seeks To IPO To Main Units - ReutersCia Energetica de Minas Gerais (CIG) Seeks To IPO To Main Units - Reuters
www.streetinsider.com - March 13 at 12:38 PM
Mid-Morning Market Update: Markets Mostly Higher; Childrens Place Profit Tops Estimates - BenzingaMid-Morning Market Update: Markets Mostly Higher; Childrens Place Profit Tops Estimates - Benzinga
www.benzinga.com - March 8 at 5:02 PM
Brazil state opposes Cemig sale to join debt plan, source saysBrazil state opposes Cemig sale to join debt plan, source says
us.rd.yahoo.com - February 1 at 4:34 PM
Andrade Gutierrez Participacoes S.A. (AG Par) -- Moodys confirms Andrade Gutierrez Participações B3 global scale rating, upgrades national scale rating to B1.br from B2.br; outlook is stableAndrade Gutierrez Participacoes S.A. (AG Par) -- Moody's confirms Andrade Gutierrez Participações B3 global scale rating, upgrades national scale rating to B1.br from B2.br; outlook is stable
www.moodys.com - January 16 at 10:38 AM

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Financials

Financials are not available for this stock.

Chart

Comp En De Mn Cemig ADS (NYSE CIG) Chart for Wednesday, November, 22, 2017
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This page was last updated on 11/22/2017 by MarketBeat.com Staff

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