-logo.jpg "CEMIG logo")
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.
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Industry, Sector and Symbol
Industry Electric services
Sub-IndustryN/A
SectorUtilities
Phone55-31-3506-3711
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$5.91 billion
Profitability
Miscellaneous
Employees6,083
Next Earnings Date5/21/2020 (Estimated)
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."
When is CEMIG's next earnings date?
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 somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media 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 media sentiment score of 0.8 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for CEMIG.
Are investors shorting CEMIG?
CEMIG saw a increase in short interest in 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 daily volume of 3,410,000 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.4% of the shares of the company are short sold. View CEMIG's Current Options Chain.
Who are some of CEMIG's key competitors?
Some companies that are related to CEMIG include EDP-Energias de Portugal, S.A (EDPFY), Tenaga Nasional Bhd (TNABY), Avangrid (AGR), Korea Electric Power (KEP), CenterPoint Energy (CNP), CENTRAIS ELETRI/S (EBR.B), Vistra Energy (VST), CENTRAIS ELETRI/S (EBR), Pinnacle West Capital (PNW), Enel Americas (ENIA), NRG Energy (NRG), CPFL Energia (CPL), ENGIE BRASIL EN/S (EGIEY), Brookfield Renewable Partners (BEP) and OGE Energy (OGE).
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 a number of 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 major 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 major investors are buying CEMIG stock?
CIG stock was acquired 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 $3.39.
How big of a company is CEMIG?
CEMIG has a market capitalization of $4.95 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?
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)
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.
