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Companhia Energetica Minas Gerais (CIGN) Stock Price & Analysis

CIGN Stock Chart & Stats

MX$30.29MX$0.00(0.00%)
At close:
Mex$34Mex$36Mex$3828 May25 Jun15 Jul23 Jul20 Aug
Day’s Range
MXN 30.29 - MXN 30.29
52-Week Range
MXN 29.00 - MXN 47.10
Previous Close
MXN 30.29
Volume
0
Average Volume (3M)
0
Market Cap
MXN 120.67B
Enterprise Value
MXN 9.81B
Total Cash (Recent Filing)
MXN 3.08B
Total Debt (Recent Filing)
MXN 22.75B
Price to Earnings (P/E)
10.2
Beta
0.41
Next Earnings
Nov 12, 2026 (Est.)
EPS Estimate
1
Next Dividend Ex-Date
N/A
Dividend Yield
10.23%

Bulls Say, Bears Say

Bulls Say

Diversified Regulated Utility Platform

Cemig’s presence across the electricity value chain provides multiple regulated and contracted revenue streams rather than reliance on one activity. This diversification can support resilience, balance exposure across segments, and preserve strategic relevance in Brazil’s power market over the coming quarters.

Funded Investment Program

Investment execution is progressing close to plan and is supported by substantial funding and positive operating cash generation. Continued spending on distribution, generation, transmission and gas infrastructure can strengthen the regulated asset base, service quality and future earning capacity.

Operational And Credit Strength

Broad operating growth alongside high investment-grade ratings indicates that Cemig currently retains meaningful financial access and operating resilience. Stronger recurring earnings and manageable leverage should help the company fund infrastructure priorities while maintaining flexibility through the investment cycle.

Bears Say

Weaker Cash-flow Flexibility

The sharp decline in free cash flow reduces the amount of internally generated funding available for capital spending, debt reduction and shareholder distributions. Low operating cash flow relative to debt also leaves less flexibility if investment needs remain high or cash conversion weakens further.

Margin And Revenue Momentum Slowdown

Recent revenue contraction and margin compression point to weaker earnings momentum despite Cemig’s regulated utility profile. If the less favorable cost and revenue mix persists, it could limit profit growth, reduce funding capacity and make returns less robust over the next several quarters.

Trading And Financing Pressure

Losses in the trading business expose consolidated results to energy-market structure, position-settlement and purchase-cost volatility. At the same time, higher financing expenses from the investment program can absorb operating gains, keeping earnings quality and cash flexibility under pressure before expected later improvement.

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 Mex$29.00 and its highest was Mex$47.10 in the past 12 months.
What is Companhia Energetica Minas Gerais’s market cap?
Companhia Energetica Minas Gerais’s market cap is Mex$120.67B.
When is Companhia Energetica Minas Gerais’s upcoming earnings report date?
Companhia Energetica Minas Gerais’s next earnings report is estimated for Nov 12, 2026 (not yet confirmed), which is in 9 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 Mex$1.146 earnings per share for the quarter, beating the consensus estimate of Mex$0.883 by Mex$0.263.
Is Companhia Energetica Minas Gerais overvalued?
Not enough analysts have published a price target to calculate whether the price is 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 1.00.
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 Mex$1.146 in its last earnings report, beating expectations of Mex$0.883. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Companhia Energetica Minas Gerais?
Hedge funds hold Companhia Energetica Minas Gerais shares: hedge funds decreased their holdings by 626.8K 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