NYSE : CIG-C

Companhia Energética de Minas Gerais

$3.29 USD

$0.09 (2.65%)

Volume
3.18K
Average Volume
2.73K
Market Capitalization
$9.41B
P/E Ratio
9.86
Dividend Yield
7.07%
Price Target
Year High
$4.00
Year Low
$2.35
Day High
—
Day Low
—
Payout Ratio
$0.82
Current Ratio
$0.93
Company Overview

NYSE

Reynaldo Passanezi Filho

Regulated Electric

Utilities

CIG-C

5320

BR

USD

https://www.cemig.com.br

55 31 3506 5024

204409882

0001157557

Liquidity Metrics

0.69

0.93

0.93

0.09

0.82

Sales & Valuation

$42.75B

1.11

1.66

15.10

1.11

Profitability

$1.7

$4.9B

11.15%

12.70%

16.88%

7.10%

P/E Metrics

9.86

-0.32

-0.32

Analyst Price Target & Rating

Buy

4/5

4 Analysts

%

Poll Results

About Companhia Energética de Minas Gerais (NYSE:CIG-C) Stock

Companhia Energética de Minas Gerais (CEMIG), through its various subsidiaries, plays a comprehensive role in Brazil's energy landscape, covering the production, transmission, distribution, and retail of power. As of December 31, 2021, its substantial infrastructure included 70 generating facilities powered by hydroelectric, wind, and solar sources, boasting a combined installed capacity of 5,700 megawatts. The company also maintained an extensive network of 339,086 miles of distribution lines and 4,449 miles of transmission lines. Beyond its core electricity operations, CEMIG's diverse ventures encompass the procurement, transportation, and supply of natural gas, along with its by-products and derivatives. It also provides a range of IT services, such as cloud solutions, infrastructure ma ... nagement, and cybersecurity, as well as supplying technology systems for the operational oversight of public service concessions. Additional activities include energy trading, telecommunications services, distributed power generation, customer account handling, cogeneration, initiatives for energy efficiency, and the management of supply and storage. The company was established in 1952 and is headquartered in Belo Horizonte, Brazil.

Frequently Asked Questions

What is the current Companhia Energética de Minas Gerais (CIG-C) stock price?

Companhia Energética de Minas Gerais(NYSE:CIG-C) stock price is $3.29 in the last trading session. During the trading session, CIG-C stock reached the peak price of $4 while $2.35 was the lowest point it dropped to. The percentage change in CIG-C stock occurred in the recent session was 2.65% while the dollar amount for the price change in CIG-C stock was $0.09.

CIG-C's industry and sector of operation?

The NYSE listed CIG-C is part of Regulated Electric industry that operates in the broader Utilities sector.

Who are the executives of CIG-C?

Sergio Lopes Cabral | Vice President of Trading & Member of Executive Board
Paulo Eduardo Pereira Guimarães | Head of Corporate Finance
Daniel Perrelli Lanca | Deputy Director of Compliance, Corporation Risks & Internal Controls
Luis Cláudio Correa Villani | Vice President of Information Technology & Member of Executive Board
Marcos Montes Cordeiro | VP of Institutional Relations & Member of Executive Board

How many employees does CIG-C have?

Number of CIG-C employees currently stands at 5320. CIG-C operates from Avenida Barbacena, 1200, Belo Horizonte, MG 30190-131, BR.

Link for CIG-C official website?

Official Website of CIG-C is: https://www.cemig.com.br

How do I contact CIG-C?

CIG-C could be contacted at phone #55 31 3506 5024 and can also be accessed through its website. CIG-C operates from Avenida Barbacena, 1200, Belo Horizonte, MG 30190-131, BR.

How many shares of CIG-C are traded daily?

The average number of CIG-C shares traded daily for last 3 months was 2.73K.

What is the market cap of CIG-C currently?

The market value of CIG-C currently stands at $9.41B with its latest stock price at $3.29