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CEMIG (CIG) Competitors

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$1.88 -0.02 (-0.79%)
Closing price 03:59 PM Eastern
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$1.90 +0.02 (+1.07%)
As of 06:29 PM Eastern
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CIG vs. EBR, KEP, PNW, TLN, OGE, ELPC, BEP, IDA, CWEN, and TXNM

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), Pinnacle West Capital (PNW), Talen Energy (TLN), OGE Energy (OGE), Companhia Paranaense de Energia (ELPC), Brookfield Renewable Partners (BEP), IDACORP (IDA), Clearway Energy (CWEN), and TXNM Energy (TXNM).

CEMIG vs.

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

In the previous week, CEMIG had 5 more articles in the media than Centrais Elétricas Brasileiras S.A. - Eletrobrás. MarketBeat recorded 7 mentions for CEMIG and 2 mentions for Centrais Elétricas Brasileiras S.A. - Eletrobrás. Centrais Elétricas Brasileiras S.A. - Eletrobrás' average media sentiment score of 0.99 beat CEMIG's score of 0.42 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
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
CEMIG
1 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Centrais Elétricas Brasileiras S.A. - Eletrobrás has a beta of 0.65, suggesting that its stock price is 35% less volatile than the S&P 500. Comparatively, CEMIG has a beta of 1.01, suggesting that its stock price is 1% more volatile than the S&P 500.

Centrais Elétricas Brasileiras S.A. - Eletrobrás pays an annual dividend of $0.33 per share and has a dividend yield of 4.3%. CEMIG pays an annual dividend of $0.14 per share and has a dividend yield of 7.5%. Centrais Elétricas Brasileiras S.A. - Eletrobrás pays out 40.2% of its earnings in the form of a dividend. CEMIG pays out 25.9% 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. CEMIG is clearly the better dividend stock, given its higher yield and lower payout ratio.

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

CEMIG received 82 more outperform votes than Centrais Elétricas Brasileiras S.A. - Eletrobrás when rated by MarketBeat users. However, 58.70% 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
162
58.70%
Underperform Votes
114
41.30%
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$40.18B0.43$977.82M$0.829.30
CEMIG$37.64B0.14$1.15B$0.543.47

2.6% of Centrais Elétricas Brasileiras S.A. - Eletrobrás shares are held by institutional investors. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

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%

Summary

Centrais Elétricas Brasileiras S.A. - Eletrobrás beats CEMIG on 10 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 {thisCompany.Symbol} 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$5.37B$14.19B$15.89B$18.90B
Dividend Yield7.46%4.79%5.67%4.01%
P/E Ratio3.5019.1415.6832.87
Price / Sales0.1416.6622.2827.89
Price / Cash3.9610.0718.5317.52
Price / Book1.082.202.034.47
Net Income$1.15B$690.28M$667.57M$1.02B
7 Day Performance2.74%0.52%0.40%0.73%
1 Month Performance8.70%2.22%1.51%-2.62%
1 Year Performance0.31%434.51%10.45%4.59%

CEMIG Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CIG
CEMIG
N/A$1.88
-0.8%
N/A+1.9%$5.37B$37.64B3.504,917Short Interest ↓
News Coverage
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
2.9596 of 5 stars
$7.70
+1.0%
N/A+5.0%$17.29B$40.18B9.3912,100Upcoming Earnings
News Coverage
Positive News
KEP
Korea Electric Power
2.3869 of 5 stars
$9.00
+1.7%
N/A+18.8%$11.56B$93.40T4.1748,800
PNW
Pinnacle West Capital
3.8136 of 5 stars
$94.60
+0.9%
$95.50
+1.0%
+29.2%$11.28B$5.12B17.9280Earnings Report
Dividend Announcement
Positive News
Gap Down
TLN
Talen Energy
1.5468 of 5 stars
$213.43
+0.9%
$240.18
+12.5%
+115.1%$9.71B$2.07B11.434,981Upcoming Earnings
Analyst Revision
News Coverage
Positive News
Gap Down
OGE
OGE Energy
3.8613 of 5 stars
$45.53
+1.5%
$46.25
+1.6%
+31.1%$9.17B$2.99B20.702,240Earnings Report
Analyst Forecast
Short Interest ↓
News Coverage
Positive News
ELPC
Companhia Paranaense de Energia
N/A$7.29
+6.0%
N/A+16.5%$7.80B$22.65B10.416,320Upcoming Earnings
Ex-Dividend
News Coverage
Positive News
BEP
Brookfield Renewable Partners
4.4079 of 5 stars
$23.18
+2.7%
$30.00
+29.4%
+9.8%$6.59B$5.88B-26.043,200Upcoming Earnings
Short Interest ↓
IDA
IDACORP
3.8874 of 5 stars
$117.79
+1.1%
$120.50
+2.3%
+24.8%$6.36B$1.83B21.492,070Earnings Report
Analyst Downgrade
News Coverage
Positive News
CWEN
Clearway Energy
2.8472 of 5 stars
$29.45
+1.7%
$34.71
+17.9%
+25.6%$5.95B$1.37B28.3260Earnings Report
Short Interest ↓
News Coverage
Positive News
TXNM
TXNM Energy
1.627 of 5 stars
$53.45
+0.9%
$53.57
+0.2%
N/A$4.95B$1.97B27.841,635Positive News

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This page (NYSE:CIG) was last updated on 5/1/2025 by MarketBeat.com Staff
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