Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Companhia Energetica Minas Gerais (CIG)
NYSE:CIG
RESEARCH TOOLSreports
Companhia Energetica Minas Gerais (CIG) Stock Price & Analysis
432 Followers
CIG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.01 - $2.62
Previous Close$2.47
Volume1.86M
Average Volume (3M)2.61M
Market Cap
$5.81B
Enterprise Value-$14.90M
Total Cash (Recent Filing)R$5.83B
Total Debt (Recent Filing)R$0.00
Price to Earnings (P/E)4.7
Beta0.62
Next Earnings
May 14, 2024EPS Estimate
$0.09Last Dividend Ex-Date
Mar 28, 2024Dividend Yield7.32%
Share Statistics
EPS (TTM)0.52
Shares Outstanding2,201,370,688
10 Day Avg. Volume2,481,636
30 Day Avg. Volume2,613,762
Standard Deviation0.13
R-Squared0.24
Alpha0.00532
Financial Highlights & Ratios
Price to Book (P/B)-1.41
Price to Sales (P/S)0.16
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Companhia Energetica Minas Gerais News
PremiumCompany Announcements
CEMIG Outlines Major Investments and Debentures Liquidation
Ownership Overview
0.00%
Insiders
1.23% Mutual Funds
1.68% Other Institutional Investors
97.09% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
CIG FAQ
What was Companhia Energetica Minas Gerais’s price range in the past 12 months?
Companhia Energetica Minas Gerais lowest stock price was $2.01 and its highest was $2.62 in the past 12 months.
What is Companhia Energetica Minas Gerais’s market cap?
Currently, no data Available
When is Companhia Energetica Minas Gerais’s upcoming earnings report date?
Companhia Energetica Minas Gerais’s upcoming earnings report date is May 14, 2024 which is in 18 days.
How were Companhia Energetica Minas Gerais’s earnings last quarter?
Companhia Energetica Minas Gerais released its earnings results on Mar 21, 2024. The company reported $0.168 earnings per share for the quarter, beating the consensus estimate of $0.094 by $0.074.
Is Companhia Energetica Minas Gerais overvalued?
According to Wall Street analysts Companhia Energetica Minas Gerais’s price is currently Overvalued.
Does Companhia Energetica Minas Gerais pay dividends?
Companhia Energetica Minas Gerais pays a Notavailable dividend of $0.03 which represents an annual dividend yield of 7.32%. See more information on Companhia Energetica Minas Gerais dividends here
What is Companhia Energetica Minas Gerais’s EPS estimate?
Companhia Energetica Minas Gerais’s EPS estimate is $0.09.
How many shares outstanding does Companhia Energetica Minas Gerais have?
Companhia Energetica Minas Gerais has 1,465,523,100 shares outstanding.
What happened to Companhia Energetica Minas Gerais’s price movement after its last earnings report?
Companhia Energetica Minas Gerais reported an EPS of $0.168 in its last earnings report, beating expectations of $0.094. Following the earnings report the stock price went up 2.575%.
Which hedge fund is a major shareholder of Companhia Energetica Minas Gerais?
Among the largest hedge funds holding Companhia Energetica Minas Gerais’s share is Pzena Investment Management LLC. It holds Companhia Energetica Minas Gerais’s shares valued at 3M.
---
Companhia Energetica Minas Gerais Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Blogger Sentiment
Bullish
CIG Sentiment 100%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Decreased
By 98.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 5.2%
Last 30 Days ▼ 5.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.52%
12-Months-Change
Fundamentals
Return on Equity
27.27%
Trailing 12-Months
Asset Growth
11.38%
Trailing 12-Months
Company Description
Companhia Energetica Minas Gerais
Companhia Energética de Minas Gerais SA engages in the generation, transmission, distribution and sale of electricity, gas distribution, telecommunications and the provision of energy solutions. It operates through the following segments: Generation, Transmission, Distribution, and Other Businesses. The Generation segment engages in the generation of electricity through hydroelectric plants, thermoelectric plants and wind farms. The Transmission segment engages in the electric power transmission business, which consists of transporting electric power from the facilities where it broadcasted to the distribution networks for delivery to final users. The Distribution segment engages in the supply electricity to consumers in the state of Minas Gerais. The Other Businesses segment engages in the telecommunications, national and international energy solutions, and exploitation of natural gas. The company was founded by Juscelino Kubitschek de Oliveira on May 22, 1952 and is headquartered in Belo Horizonte, Brazil.
---
CIG Stock 12 Months Forecast
Average Price Target
―Technical Analysis
Centrais Eletricas Brasileiras SA - Eletrobras
―
Centrais Elc Braz Pfb B Elbras
―
Companhia Paranaense de Energia Pfd
―
Edison International
―
Best Analysts Covering CIG
1 Year
1 Year Success Rate
1/1 ratings generated profit
1 Year Average Return
+6.70%
upgraded a buy rating 6 months ago
Copying Lilyanna Yang's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +6.70% per trade.
---