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CEMIG (CIG) Competitors

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$1.86 +0.02 (+0.82%)
Closing price 06/11/2025 03:59 PM Eastern
Extended Trading
$1.85 0.00 (-0.27%)
As of 06/11/2025 07:52 PM Eastern
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CIG vs. EBR, KEP, TLN, PNW, OGE, ELPC, OKLO, BEP, IDA, and CWEN

Should you be buying CEMIG stock or one of its competitors? The main competitors of CEMIG include Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Korea Electric Power (KEP), Talen Energy (TLN), Pinnacle West Capital (PNW), OGE Energy (OGE), Companhia Paranaense de Energia (ELPC), Oklo (OKLO), Brookfield Renewable Partners (BEP), IDACORP (IDA), and Clearway Energy (CWEN).

CEMIG vs. Its Competitors

Centrais Elétricas Brasileiras S.A. - Eletrobrás (NYSE:EBR) and CEMIG (NYSE:CIG) are both utilities companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, media sentiment, dividends, community ranking, risk, profitability, valuation and earnings.

Centrais Elétricas Brasileiras S.A. - Eletrobrás pays an annual dividend of $0.28 per share and has a dividend yield of 3.8%. CEMIG pays an annual dividend of $0.20 per share and has a dividend yield of 10.8%. Centrais Elétricas Brasileiras S.A. - Eletrobrás pays out 36.8% of its earnings in the form of a dividend. CEMIG pays out 43.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

2.6% of Centrais Elétricas Brasileiras S.A. - Eletrobrás shares are held by institutional investors. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

CEMIG received 81 more outperform votes than Centrais Elétricas Brasileiras S.A. - Eletrobrás when rated by MarketBeat users. However, 58.63% of users gave Centrais Elétricas Brasileiras S.A. - Eletrobrás an outperform vote while only 57.82% of users gave CEMIG an outperform vote.

CompanyUnderperformOutperform
Centrais Elétricas Brasileiras S.A. - EletrobrásOutperform Votes
163
58.63%
Underperform Votes
115
41.37%
CEMIGOutperform Votes
244
57.82%
Underperform Votes
178
42.18%

CEMIG has lower revenue, but higher earnings than Centrais Elétricas Brasileiras S.A. - Eletrobrás. CEMIG is trading at a lower price-to-earnings ratio than Centrais Elétricas Brasileiras S.A. - Eletrobrás, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Centrais Elétricas Brasileiras S.A. - Eletrobrás$41.88B0.40$977.82M$0.769.81
CEMIG$40.60B0.13$1.15B$0.464.03

In the previous week, Centrais Elétricas Brasileiras S.A. - Eletrobrás had 2 more articles in the media than CEMIG. MarketBeat recorded 3 mentions for Centrais Elétricas Brasileiras S.A. - Eletrobrás and 1 mentions for CEMIG. Centrais Elétricas Brasileiras S.A. - Eletrobrás' average media sentiment score of 0.83 beat CEMIG's score of 0.00 indicating that Centrais Elétricas Brasileiras S.A. - Eletrobrás is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Centrais Elétricas Brasileiras S.A. - Eletrobrás
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
CEMIG
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Centrais Elétricas Brasileiras S.A. - Eletrobrás has a beta of 0.67, meaning that its stock price is 33% less volatile than the S&P 500. Comparatively, CEMIG has a beta of 1.07, meaning that its stock price is 7% more volatile than the S&P 500.

Centrais Elétricas Brasileiras S.A. - Eletrobrás has a net margin of 26.50% compared to CEMIG's net margin of 20.43%. CEMIG's return on equity of 20.41% beat Centrais Elétricas Brasileiras S.A. - Eletrobrás' return on equity.

Company Net Margins Return on Equity Return on Assets
Centrais Elétricas Brasileiras S.A. - Eletrobrás26.50% 9.00% 3.82%
CEMIG 20.43%20.41%9.21%

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Centrais Elétricas Brasileiras S.A. - Eletrobrás
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
4.00
CEMIG
1 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.75

Summary

Centrais Elétricas Brasileiras S.A. - Eletrobrás beats CEMIG on 12 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CIG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CIG vs. The Competition

MetricCEMIGElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$5.31B$15.03B$16.25B$19.81B
Dividend Yield10.99%4.89%5.66%3.84%
P/E Ratio3.4620.2821.4035.67
Price / Sales0.1316.1428.4146.74
Price / Cash3.9610.0718.6817.52
Price / Book1.072.462.154.84
Net Income$1.15B$690.28M$674.16M$1.02B
7 Day Performance2.20%1.13%0.60%1.94%
1 Month Performance4.51%5.09%4.39%3.03%
1 Year Performance1.37%42.12%11.33%9.73%

CEMIG Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CIG
CEMIG
N/A$1.86
+0.8%
N/A-1.3%$5.31B$40.60B3.464,917News Coverage
High Trading Volume
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
1.8761 of 5 stars
$7.30
-0.4%
N/A+10.3%$16.40B$41.88B9.6112,100
KEP
Korea Electric Power
1.4961 of 5 stars
$11.09
+0.4%
N/A+42.3%$14.24B$93.51T5.1348,800Short Interest ↑
TLN
Talen Energy
0.5876 of 5 stars
$248.56
+1.9%
$240.18
-3.4%
+138.2%$11.31B$2.09B13.314,981Gap Up
PNW
Pinnacle West Capital
3.9645 of 5 stars
$90.82
-0.5%
$95.65
+5.3%
+16.5%$10.84B$5.21B17.2080Positive News
OGE
OGE Energy
4.2226 of 5 stars
$44.34
-0.3%
$46.40
+4.7%
+24.2%$8.93B$3.14B20.152,240Positive News
ELPC
Companhia Paranaense de Energia
N/A$8.05
-1.7%
N/A+32.8%$8.61B$23.13B11.506,320
OKLO
Oklo
3.1769 of 5 stars
$52.56
-0.3%
$52.67
+0.2%
+621.6%$7.32BN/A-9.7178Trending News
Analyst Upgrade
Analyst Revision
BEP
Brookfield Renewable Partners
3.0078 of 5 stars
$23.73
-0.4%
$29.13
+22.8%
-0.8%$6.73B$5.96B-26.663,200Positive News
Analyst Upgrade
IDA
IDACORP
4.2859 of 5 stars
$117.21
-1.5%
$122.86
+4.8%
+24.1%$6.33B$1.81B21.392,070
CWEN
Clearway Energy
2.5462 of 5 stars
$30.34
-1.4%
$35.50
+17.0%
+13.3%$6.13B$1.41B29.1760Positive News
Short Interest ↑

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This page (NYSE:CIG) was last updated on 6/12/2025 by MarketBeat.com Staff
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