CIGN Stock Chart & Stats
$33.00
$0.00(0.00%)
At close: 4:00 PM EDT
$33.00
$0.00(0.00%)
Day’s Range― - ―
52-Week Range$18.00 - $47.10
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
$127.76B
Enterprise Value$9.81K
Total Cash (Recent Filing)$3.08B
Total Debt (Recent Filing)$22.75B
Price to Earnings (P/E)10.9
Beta0.45
Next Earnings
Nov 12, 2026EPS Estimate
0.8Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.61
Shares Outstanding1,905,179,900
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio-0.20
Price to Book (P/B)1.10
Price to Sales (P/S)0.73
P/FCF Ratio9.46
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
EPS Forecast (FY)4.08
Revenue Forecast (FY)$127.36B
Bulls Say, Bears Say
Bulls Say
Diversified Regulated Utility PlatformCEMIG’s presence across generation, transmission and distribution creates a diversified utility platform with multiple regulated and contracted revenue streams. This supports business resilience because performance is not dependent on a single activity, customer group, or source of electricity income.
Improving Distribution OperationsStrong distribution EBITDA growth alongside improved service-quality indicators points to better execution in CEMIG’s core regulated network. Performance below regulatory quality limits can reinforce operating credibility and support more dependable long-term delivery to its customer base.
Disciplined Investment And FundingCEMIG is executing a sizeable investment program while securing funding to support it, demonstrating capacity to expand and upgrade regulated assets. Continued spending on distribution, generation, transmission, and gas infrastructure can strengthen the platform and support future regulated earnings.
Bears Say
Margin Compression And Slower Revenue MomentumRecent revenue deceleration and broad margin compression indicate that CEMIG’s earnings momentum has weakened despite a stable regulated base. If the less favorable cost and revenue mix persists, it could reduce profitability from existing assets and constrain internally generated funds for investment.
Lower Free Cash Flow And Rising LeverageThe sharp reduction in free cash flow, combined with higher leverage and low operating cash flow relative to debt, reduces financial flexibility during the heavy investment cycle. CEMIG may have less internally generated cash available for capex, deleveraging, or absorbing operating setbacks.
Trading Losses And Contractual ExposureLosses in the trading business and the related client provision introduce earnings volatility outside CEMIG’s more stable regulated activities. Position settlements, higher purchase costs, and contractual exposure can continue to weigh on consolidated results until the affected trading positions and claims are resolved.
Companhia Energetica Minas Gerais News
CIGN FAQ
What was Companhia Energetica Minas Gerais’s price range in the past 12 months?
Companhia Energetica Minas Gerais lowest stock price was $18.00 and its highest was $47.10 in the past 12 months.
What is Companhia Energetica Minas Gerais’s market cap?
Companhia Energetica Minas Gerais’s market cap is $127.76B.
When is Companhia Energetica Minas Gerais’s upcoming earnings report date?
Companhia Energetica Minas Gerais’s upcoming earnings report date is Nov 12, 2026 which is in 60 days.
How were Companhia Energetica Minas Gerais’s earnings last quarter?
Companhia Energetica Minas Gerais released its earnings results on Aug 13, 2026. The company reported $1.086 earnings per share for the quarter, beating the consensus estimate of $0.798 by $0.289.
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 does not currently pay dividends.
What is Companhia Energetica Minas Gerais’s EPS estimate?
Companhia Energetica Minas Gerais’s EPS estimate is 0.8.
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 $1.086 in its last earnings report, beating expectations of $0.798. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Companhia Energetica Minas Gerais?
Currently, no hedge funds are holding shares in MX:CIGN
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
Neutral
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10
Blogger Sentiment
Neutral
MX:CIGN Sentiment 60%
Sector Average 57%
Sector Average 57%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
19.24%
12-Months-Change
Fundamentals
Return on Equity
10.72%
Trailing 12-Months
Asset Growth
17.83%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Companhia Energetica Minas Gerais
Companhia Energética de Minas Gerais (CIG) is a prominent Brazilian energy company whose operations, conducted through its various subsidiaries, span the entire electricity value chain: generation, transmission, distribution, and retail. As of December 31, 2021, CIG's substantial infrastructure included 70 hydroelectric, wind, and solar power plants with a collective installed capacity of 5,700 megawatts. Its extensive network also featured 339,086 miles of distribution lines and 4,449 miles of transmission lines. Beyond its core electricity business, the company is active in the gas sector, handling the acquisition, transportation, and distribution of natural gas and its derivatives. Furthermore, CIG offers a diverse range of technology services, including cloud solutions, IT infrastructure and management, cybersecurity, and specialized systems for the operational oversight of public service concessions. Its portfolio extends to energy trading, telecommunications services, distributed generation initiatives, client account services, cogeneration projects, energy efficiency programs, and comprehensive supply and storage management. Established in 1952, Companhia Energética de Minas Gerais maintains its corporate headquarters in Belo Horizonte, Brazil.
CIGN Company Deck
CIGN Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented numerous operational and financial positives: recurring EBITDA and net income growth, disciplined and on-track investments (BRL 3.3 billion in H1 toward a BRL 6.7 billion plan), robust funding (BRL 4.6 billion), improved distribution quality metrics, strong transmission and generation results, and a solid credit profile. The main negatives were concentrated in the trading segment (negative recurring EBITDA of -BRL 180 million and a BRL 191 million provision), higher consolidated costs (+15.5%) related to investment and seasonal effects, volume declines in some segments (captive market down 3.8%, Gasmig volume -17%), and increased financial expenses from recent funding. Management expects trading and leverage dynamics to improve after position settlement and the 2028 tariff review. Overall, the positives (broad-based operational strength, investment progress, cash generation, and quality metrics) outweigh the near-term negatives focused in trading and financing costs.View all MX:CIGN earnings summariesTechnical Analysis
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