NYSE:CIG CEMIG Stock Forecast, Price & 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 $1.92 -0.07 (-3.52 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$1.91Now: $1.92▼$1.9950-Day Range$1.88MA: $2.07▼$2.3252-Week Range$1.23Now: $1.92▼$3.59Volume2.38 million shsAverage Volume4.31 million shsMarket Capitalization$2.92 billionP/E RatioN/ADividend Yield2.01%Beta0.52 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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 335 “underperform” votes. (Add your “underperform” vote.)Community SentimentCEMIG has received 58.67% “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 2.01%, 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 0.67% 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 0.72. 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 Ratio0.81 Current Ratio1.35 Quick Ratio1.35Price-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 / Sales0.46 Cash Flow$0.45 per share Price / Cash Flow4.26 Book Value$2.65 per share Price / Book0.72Profitability EPS (Most Recent Fiscal Year)N/A Net Income$792.38 million Net Margins9.11% Return on Equity21.70% Return on Assets7.07%Miscellaneous Employees5,596 Outstanding Shares1,518,705,000Market Cap$2.92 billion Next Earnings Date9/29/2020 (Estimated) OptionableOptionable $1.92 -0.07 (-3.52 %) (As of 09/23/2020 12:00 AM 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 price been impacted by Coronavirus? CEMIG's stock was trading at $2.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CIG shares have decreased by 20.3% and is now trading at $1.92. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of CEMIG? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CEMIG in the last year. There are currently 1 hold rating and 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, September 29th 2020. View our earnings forecast for CEMIG. Are investors shorting CEMIG? CEMIG saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 10,340,000 shares, an increase of 13.1% from the August 15th total of 9,140,000 shares. Based on an average trading volume of 3,740,000 shares, the days-to-cover ratio is currently 2.8 days. View CEMIG's Short Interest. Who are some of CEMIG's key competitors? Some companies that are related to CEMIG include Korea Electric Power (KEP), CenterPoint Energy (CNP), RED ELECTRICA C/ADR (RDEIY), Vistra Energy (VST), CENTRAIS ELETRI/S (EBR.B), Brookfield Renewable Partners (BEP), Algonquin Power & Utilities (AQN), Pinnacle West Capital (PNW), CENTRAIS ELETRI/S (EBR), Enel Americas (ENIA), NRG Energy (NRG), 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 Vale (VALE), Enterprise Products Partners (EPD), PETROLEO BRASIL/ADR (PBR), CBL & Associates Properties (CBL), Ford Motor (F), General Electric (GE), Pfizer (PFE), New Residential Investment (NRZ), Rigel Pharmaceuticals (RIGL) and Chesapeake Energy (CHKAQ). 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 institutional 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 $1.92. How big of a company is CEMIG? CEMIG has a market capitalization of $2.92 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 9/23/2020 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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