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NYSE:CIG - CEMIG Stock Price, Forecast & News

$3.69
+0.06 (+1.65 %)
(As of 01/17/2020 04:00 PM ET)
Today's Range
$3.65
Now: $3.69
$3.72
50-Day Range
$3.01
MA: $3.31
$3.70
52-Week Range
$2.85
Now: $3.69
$4.11
Volume3.51 million shs
Average Volume4.17 million shs
Market Capitalization$5.38 billion
P/E RatioN/A
Dividend Yield1.65%
Beta0.09
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$5.38 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?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CEMIG in the last year. There are currently 1 hold rating and 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?

Press coverage about CIG stock has trended very negative on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. CEMIG earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for CEMIG.

Are investors shorting CEMIG?

CEMIG saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,550,000 shares, an increase of 13.4% from the December 15th total of 3,130,000 shares. Based on an average daily volume of 3,450,000 shares, the short-interest ratio is presently 1.0 days. Approximately 0.4% of the company's stock 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

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 $3.69.

How big of a company is CEMIG?

CEMIG has a market capitalization of $5.38 billion and generates $5.91 billion in revenue each year. 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:  221 (Vote Outperform)
Underperform Votes:  314 (Vote Underperform)
Total Votes:  535
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 1/18/2020 by MarketBeat.com Staff

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