Comp En De Mn Cemig ADS Company Profile (NYSE:CIG)

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:
  • Sector: Utilities
  • Industry: Renewable Utilities
  • Sub-Industry: N/A
  • Symbol: NYSE:CIG
  • CUSIP: N/A
  • Web: www.cemig.com.br
Capitalization:
  • Market Cap: $3.57511 billion
  • Outstanding Shares: 1,258,280,000
Average Prices:
  • 50 Day Moving Avg: $2.69
  • 200 Day Moving Avg: $2.76
  • 52 Week Range: $2.06 - $3.84
P/E:
  • Trailing P/E Ratio: 20.21
  • Foreward P/E Ratio: Infinity
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $6.16 billion
  • Price / Sales: 0.59
  • Book Value: $3.34 per share
  • Price / Book: 0.86
Dividend:
  • Annual Dividend: $0.13
  • Dividend Yield: 4.5%
Profitability:
  • EBIDTA: $1.38 billion
Debt:
  • Debt-to-Equity Ratio: 0.70%
  • Current Ratio: 0.67%
  • Quick Ratio: 0.66%
Misc:
  • Average Volume: 3.59 million shs.
  • Beta: 1.92
  • Short Ratio: 0.88
 

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 Friday, September, 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 equities research analysts have issued 1 year target prices for Comp En De Mn Cemig ADS's stock. Their forecasts range from $2.80 to $2.80. On average, they anticipate 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
  • Bernardo Afonso Salomao de Alvarenga, Chief Executive Officer, Deputy Chief Executive Officer
  • Adezio De Almeida Lima, Chief Financial and Investor Relations Officer
  • Maura Galuppo Botelho Martins, Chief Officer for Human Relations and Resources
  • Cesar Vaz de Melo Fernandes, Chief Business Development Officer, Member of the Executive Board
  • Raul Lycurgo Leite, Chief Legal Officer
  • 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
  • Luis Fernando Paroli Santos, Chief Institutional Relations and Communication Officer, Chief Energy Distribution and Commercialization Officer

Who owns Comp En De Mn Cemig ADS stock?

Comp En De Mn Cemig ADS's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (0.65%), Goldman Sachs Group Inc. (0.63%), Parametric Portfolio Associates LLC (0.53%), Acadian Asset Management LLC (0.48%), TSP Capital Management Group LLC (0.17%) and State Street Corp (0.16%). 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 Acadian Asset Management LLC, Goldman Sachs Group Inc., SG Americas Securities LLC, Russell Investments Group Ltd., State Street Corp, State of Wisconsin Investment Board, Hexavest Inc. and Royal Bank of Canada. 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 acquired by a variety of institutional investors in the last quarter, including Newfoundland Capital Management, Vanguard Group Inc., Quantitative Investment Management LLC, BNP Paribas Arbitrage SA, JPMorgan Chase & Co., Deltec Asset Management LLC, TSP Capital Management Group LLC and Parametric Portfolio Associates LLC. 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 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 $2.87.


MarketBeat Community Rating for Comp En De Mn Cemig ADS (NYSE CIG)
Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  72 (Vote Outperform)
Underperform Votes:  140 (Vote Underperform)
Total Votes:  212
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

Consensus Ratings for Comp En De Mn Cemig ADS (NYSE:CIG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $2.80 (2.44% downside)

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 9/19/2015 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:4.53%
Dividend Growth:-54.00% (3 Year Average)
Payout Ratio:54.17% (Based on This Year's Estimates)
Infinity (Based on Next 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

Headline Trends for Comp En De Mn Cemig ADS (NYSE:CIG)
Latest Headlines for Comp En De Mn Cemig ADS (NYSE:CIG)
Source:
DateHeadline
finance.yahoo.com logoBrazil's Vale to meet debt target before implementing new growth plans -exec
finance.yahoo.com - September 18 at 8:26 PM
finance.yahoo.com logoEMERGING MARKETS-Brazil currency falls as Temer faces fresh graft probe
finance.yahoo.com - September 12 at 10:54 PM
finance.yahoo.com logoEMERGING MARKETS-Brazil currency weaker as Temer falls under police suspicion
finance.yahoo.com - September 12 at 5:51 PM
americanbankingnews.com logoHead to Head Contrast: TerraForm Power (TERP) vs. Comp En De Mn Cemig ADS (CIG)
www.americanbankingnews.com - September 11 at 2:18 PM
finance.yahoo.com logoBrazil's Andrade Gutierrez walks out of Cemig shareholder accord
finance.yahoo.com - September 7 at 10:21 PM
americanbankingnews.com logoComp En De Mn Cemig ADS (CIG) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 6 at 2:28 AM
finance.yahoo.com logoEMERGING MARKETS-Chile peso touches 2-year high vs dollar as copper soars
finance.yahoo.com - August 29 at 5:34 PM
finance.yahoo.com logoChina's SPIC to participate in Brazil dam auctions -source
finance.yahoo.com - August 28 at 5:05 PM
americanbankingnews.com logoComparing TerraForm Power (TERP) and Comp En De Mn Cemig ADS (CIG)
www.americanbankingnews.com - August 20 at 12:18 AM
americanbankingnews.com logoReviewing TransAlta Corporation (TAC) and Comp En De Mn Cemig ADS (CIG)
www.americanbankingnews.com - August 17 at 12:20 PM
finance.yahoo.com logoBrazil's Cemig profit misses estimates as financial income slumps
finance.yahoo.com - August 16 at 10:41 PM
finance.yahoo.com logoCompanhia 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
finance.yahoo.com logoBrazil's Cemig profit misses estimates as financial income slumps
finance.yahoo.com - August 14 at 5:37 PM
americanbankingnews.com logoComp En De Mn Cemig ADS (NYSE:CIG) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - August 12 at 2:32 AM
finance.yahoo.com logoChina's Ciri says Chinese groups vying for Cemig energy assets
finance.yahoo.com - July 19 at 6:23 PM
finance.yahoo.com logoChinese may bid for Brazil clean energy assets -letter
finance.yahoo.com - July 19 at 6:23 PM
americanbankingnews.com logoComp En De Mn Cemig ADS (CIG) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 18 at 2:43 PM
americanbankingnews.com logoComp 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
finance.yahoo.com logoEMERGING MARKETS-Mexico peso extends gains on trade talk hopes
finance.yahoo.com - July 10 at 5:13 PM
finance.yahoo.com logoBrazil's Cemig vows to use asset sales to repay debt
finance.yahoo.com - July 10 at 5:13 PM
finance.yahoo.com logoCigna to Wave Goodbye to Connecticut's Individual Healthcare Market in 2018
finance.yahoo.com - July 6 at 6:26 PM
americanbankingnews.com logoAzure Power Global (AZRE) versus Comp En De Mn Cemig ADS (CIG) Financial Survey
www.americanbankingnews.com - July 4 at 8:28 AM
finance.yahoo.com logoETFs with exposure to Companhia Energética de Minas Gerais SA : July 3, 2017
finance.yahoo.com - July 3 at 5:11 PM
americanbankingnews.com logoComp En De Mn Cemig ADS (CIG) Rating Increased to Hold at BidaskClub
www.americanbankingnews.com - June 29 at 9:52 PM
americanbankingnews.com logoComp En De Mn Cemig ADS (CIG) versus 8point3 Energy Partners (CAFD) Critical Contrast
www.americanbankingnews.com - June 27 at 6:22 PM
finance.yahoo.com logoCompanhia Energetica (CIG) in Focus: Stock Moves 6.4% Higher
finance.yahoo.com - June 23 at 4:55 PM
finance.yahoo.com logoETFs with exposure to Companhia Energética de Minas Gerais SA : June 22, 2017
finance.yahoo.com - June 22 at 4:32 PM
americanbankingnews.com logoComp En De Mn Cemig ADS (CIG) Upgraded to "Overweight" at Morgan Stanley
www.americanbankingnews.com - June 22 at 1:38 PM
americanbankingnews.com logoComp En De Mn Cemig ADS (CIG) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - June 22 at 12:40 PM
finance.yahoo.com logoCEMIG (CIG) to Sell Interest in Light, Aims Deleveraging
finance.yahoo.com - June 22 at 11:09 AM
finance.yahoo.com logoCompanhia Energética de Minas Gerais SA :CIG-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017
finance.yahoo.com - June 21 at 5:28 PM
americanbankingnews.com logo Comp En De Mn Cemig ADS (CIG) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - June 16 at 6:06 PM
nasdaq.com logoMid-Afternoon Market Update: Valeant Jumps On iNova Pharma Sale; MidSouth Bancorp Shares Drop - Nasdaq
www.nasdaq.com - June 8 at 5:17 PM
finance.yahoo.com logoBrazil state wants Cesp sale by September, sources say
finance.yahoo.com - June 8 at 5:17 PM
finance.yahoo.com logoChina firms, foreign funds seen as bidders for Eletrobras, Cemig assets
finance.yahoo.com - June 7 at 7:24 PM
finance.yahoo.com logoCompanhia Energetica de Minas Gerais - CEMIG -- Moody's downgrades Cemig and its subsidiaries to B2/Ba1.br from B1/Baa1.br; outlook remains negative
finance.yahoo.com - June 7 at 2:22 PM
finance.yahoo.com logoEMERGING MARKETS-LatAm currencies, stocks up as U.S. data tempers rate-hike bets
finance.yahoo.com - June 2 at 5:49 PM
finance.yahoo.com logoBrazil utility Cemig files to sell 6.5 bln reais in assets
finance.yahoo.com - June 1 at 9:53 PM
finance.yahoo.com logoBrazil's utility Cemig may sell up to 6.5 bln reais in assets to reduce debt -filing
finance.yahoo.com - June 1 at 4:51 PM
americanbankingnews.com logoZacks: Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 1 at 8:34 AM
americanbankingnews.com logoCia Energetica de Minas Gerais CEMIG-ADR (CIG) Short Interest Update
www.americanbankingnews.com - June 1 at 7:03 AM
nasdaq.com logoMid-Day Market Update: Container Store Climbs On Earnings Beat; Ooma Shares Plummet - Nasdaq
www.nasdaq.com - May 24 at 4:10 PM
benzinga.com logoMid-Afternoon Market Update: Aegean Marine Petroleum Drops On Downbeat Earnings; Inovio Shares Surge - Benzinga
www.benzinga.com - May 24 at 4:10 PM
finance.yahoo.com logoEMERGING MARKETS-Latam markets higher as Brazil stocks, currency rebound
finance.yahoo.com - May 19 at 4:12 PM
finance.yahoo.com logoETFs with exposure to Companhia Energética de Minas Gerais SA : May 19, 2017
finance.yahoo.com - May 19 at 4:12 PM
finance.yahoo.com logoCemig Files 2016 20-F Form with the SEC
finance.yahoo.com - May 17 at 4:21 PM
americanbankingnews.com logoZacks: Cia Energetica de Minas Gerais CEMIG-ADR (CIG) Given $3.20 Average Price Target by Analysts
www.americanbankingnews.com - May 17 at 12:46 PM
finance.yahoo.com logoBrazilian power company Cemig to announce asset sale program
finance.yahoo.com - May 16 at 4:21 PM
americanbankingnews.com logoCia Energetica de Minas Gerais CEMIG-ADR (CIG) Short Interest Up 73.9% in April
www.americanbankingnews.com - May 16 at 7:02 AM
finance.yahoo.com logoETFs with exposure to Companhia Energética de Minas Gerais SA : May 15, 2017
finance.yahoo.com - May 15 at 6:16 PM

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Chart

Comp En De Mn Cemig ADS (CIG) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff