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Companhia Energetica Minas Gerais (DE:CID)
NYSE:CID

Companhia Energetica Minas Gerais (CID) Price & Analysis

2 Followers

CID Stock Chart & Stats

€1.71
€0.00(0.00%)
At close: 4:00 PM EST
€1.71
€0.00(0.00%)

Bulls Say, Bears Say

Bulls Say
Dividend YieldThe one-offs in the net income could result into +4% additional dividend yield.
PrivatizationThe privatization process is the main upside risk.
Bears Say
Government ControlA transfer of control to the Federal Government could result in a 17% negative NPV due to higher-than-expected costs.
Operational PerformanceCemig reported soft operational results with Adj. EBITDA at R$1.6bn, down 10% YoY and 4% below estimates.

Companhia Energetica Minas Gerais News

CID FAQ

What was Companhia Energetica Minas Gerais’s price range in the past 12 months?
Companhia Energetica Minas Gerais lowest stock price was €1.56 and its highest was €2.32 in the past 12 months.
    What is Companhia Energetica Minas Gerais’s market cap?
    Companhia Energetica Minas Gerais’s market cap is €5.96B.
      When is Companhia Energetica Minas Gerais’s upcoming earnings report date?
      Companhia Energetica Minas Gerais’s upcoming earnings report date is Aug 13, 2026 which is in 68 days.
        How were Companhia Energetica Minas Gerais’s earnings last quarter?
        Companhia Energetica Minas Gerais released its earnings results on May 07, 2026. The company reported €0.058 earnings per share for the quarter, beating the consensus estimate of €0.043 by €0.015.
          Is Companhia Energetica Minas Gerais overvalued?
          According to Wall Street analysts Companhia Energetica Minas Gerais’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Companhia Energetica Minas Gerais pay dividends?
            Companhia Energetica Minas Gerais does not currently pay dividends.
            What is Companhia Energetica Minas Gerais’s EPS estimate?
            Companhia Energetica Minas Gerais’s EPS estimate is 0.04.
              How many shares outstanding does Companhia Energetica Minas Gerais have?
              Companhia Energetica Minas Gerais has 1,905,179,900 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 €0.058 in its last earnings report, beating expectations of €0.043. Following the earnings report the stock price went down -1.978%.
                  Which hedge fund is a major shareholder of Companhia Energetica Minas Gerais?
                  Currently, no hedge funds are holding shares in DE:CID
                  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

                    Companhia Energetica Minas Gerais Stock Smart Score

                    Company Description

                    Companhia Energetica Minas Gerais

                    Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

                    Companhia Energetica Minas Gerais (CID) Earnings & Revenues

                    CID Company Deck

                    CID Earnings Call

                    Q1 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Neutral
                    Cemig's earnings call highlighted substantial investments and achievements, such as maintaining a strong credit rating and receiving industry recognition. However, these positives were balanced by significant financial challenges, including declines in EBITDA and net profit, as well as market pressures. Overall, the sentiment reflects resilience amid difficulties.View all DE:CID earnings summaries
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