Is Companhia Energética de Minas Gerais (CIG) a Buy, Sell, or Hold?
Companhia Energética de Minas Gerais
NYSE:CIG
$2.18 USD
$0.05 (2.35%)
- Volume
- 4.09M
- Average Volume
- 6.61M
- Market Capitalization
- $6.24B
- P/E Ratio
- 9.64
- Dividend Yield
- 7.23%
- Price Target
- $2.10
- Year High
- $2.76
- Year Low
- $1.79
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.82
- Current Ratio
- $0.93
Industry, Sector & symbol
| Stock Exchange | NYSE |
| CEO | Reynaldo Passanezi Filho |
| Industry | Regulated Electric |
| Sector | Utilities |
| Current Symbol | CIG |
| CUSIP | 204409601 |
| CIK | 0001157557 |
| Web | https://www.cemig.com.br |
| Phone | 55 31 3506 5024 |
| Currency | USD |
| Employees | 5320 |
| Country | BR |
Liquidity
| Debt-to-Equity Ratio | 0.69 |
| Payout Ratio | 0.82 |
| Current Ratio | 0.93 |
| Quick Ratio | 0.93 |
| Cash Ratio | 0.09 |
Sales & Book Value
| Annual Sales | $42.75B |
| Price / Sales | 1.08 |
| Cash Flow | 1.11 |
| Price / Cash Flow | 14.76 |
| Price / Book | 1.62 |
Price Target and Rating
| Average Stock Price Forecast | $2.10 |
| High Stock Price Forecast | $2.10 |
| Low Stock Price Forecast | $2.10 |
| Forecast Upside/Downside | 3.81% |
| Consensus Rating | Buy |
| Rating Score(0-5) | 4 |
| Research Coverage | 5 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $1.7 |
| Trailing P/E Ratio | 9.64 |
| PEG Ratio | -0.31 |
| P/E Growth | -0.31 |
| Net Income | $4.9B |
| Net Margin | 11.15% |
| Pretax Margin | 12.70% |
| Return on Equity | 16.88% |
| Return on Assets | 7.10% |
Financials Score
| AltmanZ Score | 154.87 |
| Piotroski Score | 7.00 |
| Working Capital | -1.05B |
| Total Assets | 67.34B |
| Ebit | 4.53B |
| Market Cap | 32.15B |
| Total Liabilities | 38.8B |
Poll Results
About Companhia Energética de Minas Gerais (NYSE:CIG) Stock
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 infrastructu ... re 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.
2026-06-02 09:00:00
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CEMIG: The Recent Fall Is An Opportunity
2026-05-28 04:47:11
CEMIG remains a compelling buy after an 18% stock drop, driven by weather and macro factors outside its control. CIG's core strengths include stable cash flow, sector-leading ESG credentials, and a focused investment plan targeting $8.8B from 2026–2030. Valuation is attractive, with a 7.66x EBITDA multiple and potential 30% upside to a $2.84 fair price if normalized to sector medians.
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Comp En De Mn Cemig ADS Q1 Earnings Call Highlights
2026-05-09 15:07:23
Comp En De Mn Cemig ADS NYSE: CIG, the Brazilian electric utility known as CEMIG, reported first-quarter 2026 EBITDA of BRL 1.79 billion and profit of BRL 979 million, while management highlighted continued investment in distribution, debt profile management and challenges tied to energy price volatility and hydrological risk.
Companhia Energética de Minas Gerais - CEMIG (CIG) Q1 2026 Earnings Call Transcript
2026-05-08 16:01:14
Companhia Energética de Minas Gerais - CEMIG (CIG) Q1 2026 Earnings Call Transcript
2026-04-17 16:33:00
BELO HORIZONTE, Brazil, April 17, 2026 /PRNewswire/ -- COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG ("Cemig") (NYSE: CIG, CIG.C; B3: CMIG3, CMIG4), a publicly held company with shares traded on the exchanges of São Paulo and New York, hereby informs the Brazilian Securities and Exchange Commission (CVM), B3 S.A. Brasil, Bolsa, Balcão ("B3") and the markets in general that it has registered on April 17, 2026, its Form 20-F for the 2025 fiscal year ("Form 20-F 2025") with the U.S. Securities and Exchange Commission ("SEC").
Frequently Asked Questions
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What is the current Companhia Energética de Minas Gerais (CIG) stock price?
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Companhia Energética de Minas Gerais(NYSE:CIG) stock price is $2.18 in the last trading session. During the trading session, CIG stock reached the peak price of $2.76 while $1.79 was the lowest point it dropped to. The percentage change in CIG stock occurred in the recent session was 2.35% while the dollar amount for the price change in CIG stock was $0.05.
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CIG's industry and sector of operation?
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The NYSE listed CIG is part of Regulated Electric industry that operates in the broader Utilities sector.
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Who are the executives of CIG?
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Sergio Lopes Cabral | Vice President of Trading & Member of Executive Board
Alexandre Ramos Peixoto | CEO & Member of Executive Board
Denis Mollica | Strategy, Innovation & Sustainability Officer
Luis Cláudio Correa Villani | Vice President of Information Technology & Member of Executive Board
Hudson Felix Almeida | Director of Compliance & People Management -
How many employees does CIG have?
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Number of CIG employees currently stands at 5320. CIG operates from Avenida Barbacena, 1200, Belo Horizonte, MG 30190-131, BR.
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Link for CIG official website?
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Official Website of CIG is: https://www.cemig.com.br
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How do I contact CIG?
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CIG could be contacted at phone #55 31 3506 5024 and can also be accessed through its website. CIG operates from Avenida Barbacena, 1200, Belo Horizonte, MG 30190-131, BR.
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How many shares of CIG are traded daily?
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The average number of CIG shares traded daily for last 3 months was 6.61M.
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What is the market cap of CIG currently?
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The market value of CIG currently stands at $6.24B with its latest stock price at $2.18