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Companhia Energetica de Minas Gerais SA Sponsored ADR (CIG.C) Stock Price & Analysis

CIG.C Stock Chart & Stats

3.08-0.05(-1.60%)
At close: 4:00 PM EDT
$2.75$3$3.25$3.53 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$3.05 - $3.20
52-Week Range
$2.35 - $4.04
Previous Close
$3.13
Volume
N/A
Average Volume (3M)
3,621
Market Cap
$6.42B
Enterprise Value
$12.53B
Total Cash (Recent Filing)
$3.08B
Total Debt (Recent Filing)
$22.75B
Price to Earnings (P/E)
10.2
Beta
0.42
Next Earnings
Nov 12, 2026 (Est.)
EPS Estimate
0.05
Next Dividend Ex-Date
N/A
Dividend Yield
6.19%

Bulls Say, Bears Say

Bulls Say

Regulated Asset Base

Cemig’s integrated distribution, generation and transmission platform provides a durable operating base, while planned network investment can strengthen service quality and support future tariff recognition. The large customer footprint and regulated infrastructure should remain central to earnings over the next several quarters.

Operating Growth

Growth in recurring EBITDA and net income indicates that Cemig is currently converting its regulated and generation assets into expanding earnings. Continued performance across core segments can support reinvestment and reinforce the company’s competitive position within Minas Gerais’ electricity system.

Cash Generation And Credit

Strong operating cash generation and high credit ratings provide financial capacity to fund Cemig’s investment cycle while maintaining access to debt markets. This combination supports infrastructure execution and gives the company greater resilience as regulated assets and network projects expand.

Bears Say

Rising Leverage

Leverage is expected to rise while Cemig funds its investment program, increasing sensitivity to interest expense and refinancing conditions before the planned tariff relief. Higher debt can also reduce capital-allocation flexibility if operating performance or regulatory timing proves less favorable.

Margin Compression

The sustained step-down in gross, operating and EBITDA margins suggests that revenue growth is not translating fully into operating profit. Higher costs or less favorable tariff and volume mix could continue to pressure earnings quality unless network investment and tariff mechanisms restore efficiency.

Competitive-market Exposure

Cemig’s exposure to competitive electricity trading adds earnings volatility beyond its regulated utility base. Negative trading EBITDA, customer-related provisions and sensitivity to purchased-energy prices can weaken consolidated results, even when distribution and transmission operations remain comparatively stable.

CIG.C FAQ

What was Companhia Energetica de Minas Gerais SA Sponsored ADR’s price range in the past 12 months?
Companhia Energetica de Minas Gerais SA Sponsored ADR lowest stock price was $2.35 and its highest was $4.04 in the past 12 months.
What is Companhia Energetica de Minas Gerais SA Sponsored ADR’s market cap?
Companhia Energetica de Minas Gerais SA Sponsored ADR’s market cap is $6.42B.
When is Companhia Energetica de Minas Gerais SA Sponsored ADR’s upcoming earnings report date?
Companhia Energetica de Minas Gerais SA Sponsored ADR’s next earnings report is estimated for Nov 12, 2026 (not yet confirmed), which is in 11 days.
How were Companhia Energetica de Minas Gerais SA Sponsored ADR’s earnings last quarter?
Companhia Energetica de Minas Gerais SA Sponsored ADR released its earnings results on Aug 13, 2026. The company reported $0.061 earnings per share for the quarter, beating the consensus estimate of $0.047 by $0.014.
Is Companhia Energetica de Minas Gerais SA Sponsored ADR overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Companhia Energetica de Minas Gerais SA Sponsored ADR pay dividends?
Companhia Energetica de Minas Gerais SA Sponsored ADR does not currently pay dividends.
What is Companhia Energetica de Minas Gerais SA Sponsored ADR’s EPS estimate?
Companhia Energetica de Minas Gerais SA Sponsored ADR’s EPS estimate is 0.05.
How many shares outstanding does Companhia Energetica de Minas Gerais SA Sponsored ADR have?
Companhia Energetica de Minas Gerais SA Sponsored ADR has 956,601,900 shares outstanding.
What happened to Companhia Energetica de Minas Gerais SA Sponsored ADR’s price movement after its last earnings report?
Companhia Energetica de Minas Gerais SA Sponsored ADR reported an EPS of $0.061 in its last earnings report, beating expectations of $0.047. Following the earnings report the stock price went up 1.071%.
Which hedge fund is a major shareholder of Companhia Energetica de Minas Gerais SA Sponsored ADR?
Hedge funds hold Companhia Energetica de Minas Gerais SA Sponsored ADR shares: the largest hedge-fund position in Companhia Energetica de Minas Gerais SA Sponsored ADR is 71,887,439 shares, and hedge funds decreased their holdings by 1.3K shares last quarter.
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology