Summary
1.77 -0.06(-3.01%)06/28/2024
Cia Energetica De Minas Gerais (CIG)
Cia Energetica De Minas Gerais (CIG)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -3.29 | -7.59 | -8.79 | -28.54 | -23.59 | -28.54 | -35.35 | 139.80 |
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| Trading Data | ||
| Close | 1.77 | |
| Open | 1.78 | |
| High | 1.81 | |
| Low | 1.76 | |
| Volume | 1,283,091 | |
| Change | -0.06 | |
| Change % | -3.29 | |
| Avg Volume (20 Days) | 1,443,800 | |
| Volume/Avg Volume (20 Days) Ratio | 0.89 | |
| 52 Week Range | 1.76 - 2.75 | |
| Price vs 52 Week High | -35.82% | |
| Price vs 52 Week Low | 0.28% | |
| Range | -0.84 | |
| Gap Up/Down | -0.08 | |
Fundamentals | ||
| Market Capitalization (Mln) | 5,541 | |
| EBIDTA | 8,313,242,112 | |
| PE Ratio | 4.8431 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 2.80 | |
| Book Value | 8.6170 | |
| Earnings Per Share | 0.5100 | |
| EPS Estimate Current Quarter | 0.0000 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 0.0700 | |
| EPS Estimate Next Year | 0.0000 | |
| Diluted EPS (TTM) | 0.5100 | |
| Revenues | ||
| Profit Marging | 0.1564 | |
| Operating Marging (TTM) | 0.2279 | |
| Return on asset (TTM) | 0.0815 | |
| Return on equity (TTM) | 0.2484 | |
| Revenue TTM | 36,849,770,496 | |
| Revenue per share TTM | 12.8810 | |
| Quarterly Revenue Growth (YOY) | 0.0210 | |
| Quarterly Earnings Growth (YOY) | 0.3410 | |
| Gross Profit (TTM) | 5,259,834,000 | |
| Dividends | ||
| Dividend Share | 1.0920 | |
| Dividend Yield | 0.0983 | |
| Valuations | ||
| Trailing PE | 4.8431 | |
| Forward PE | 5.2715 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.1280 | |
| Revenue Enterprise Value | 0.2040 | |
| EBITDA Enterprise Value | 0.7312 | |
| Shares | ||
| Shares Outstanding | 2,860,679,936 | |
| Shares Float | 2,326,850,036 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 0.00 | |
| Institutions (%) | 9.11 | |
05/15 22:42 EST - seekingalpha.com
Companhia Energética de Minas Gerais - CEMIG (CIG) Q1 2024 Earnings Call Transcript
Companhia Energética de Minas Gerais - CEMIG (NYSE:CIG ) Q1 2024 Results Conference Call May 14, 2024 9:00 AM ET Company Participants Carolina Senna - IR Reynaldo Filho - CEO Leonardo Magalhaes - CFO Marney Antunes - CDO Marco Soligo - CPO Conference Call Participants Andre Sampaio - Santander Giuliano Ajeje - UBS [Operator Instructions]. Now I would like to turn the floor over to Carolina Senna, Investor Relations Superintendent.
Companhia Energética de Minas Gerais - CEMIG (CIG) Q1 2024 Earnings Call Transcript
Companhia Energética de Minas Gerais - CEMIG (NYSE:CIG ) Q1 2024 Results Conference Call May 14, 2024 9:00 AM ET Company Participants Carolina Senna - IR Reynaldo Filho - CEO Leonardo Magalhaes - CFO Marney Antunes - CDO Marco Soligo - CPO Conference Call Participants Andre Sampaio - Santander Giuliano Ajeje - UBS [Operator Instructions]. Now I would like to turn the floor over to Carolina Senna, Investor Relations Superintendent.
04/30 20:02 EST - prnewswire.com
CEMIG Files 2023 Form 20-F
BELO HORIZONTE, Brazil , April 30, 2024 /PRNewswire/ -- A COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG ("CEMIG") (NYSE: CIG), (NYSE: CIG.C), (B3: CMIG3), (B3: CMIG4), a publicly held company with shares traded on the stock exchanges of São Paulo, New York and Madrid, today announced to the Brazilian Securities and Exchange Commission (CVM), B3 S.A. – Brasil, Bolsa, Balcão ("B3") and the market in general that it has filed on April 30, 2024, Form 20-F for the 2023 fiscal year ("2023 Form 20-F") with the U.S. Securities and Exchange Commission ("SEC").
CEMIG Files 2023 Form 20-F
BELO HORIZONTE, Brazil , April 30, 2024 /PRNewswire/ -- A COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG ("CEMIG") (NYSE: CIG), (NYSE: CIG.C), (B3: CMIG3), (B3: CMIG4), a publicly held company with shares traded on the stock exchanges of São Paulo, New York and Madrid, today announced to the Brazilian Securities and Exchange Commission (CVM), B3 S.A. – Brasil, Bolsa, Balcão ("B3") and the market in general that it has filed on April 30, 2024, Form 20-F for the 2023 fiscal year ("2023 Form 20-F") with the U.S. Securities and Exchange Commission ("SEC").
03/26 11:29 EST - seekingalpha.com
CEMIG: Remote Chance Of Federalization Opens Up A Great Buying Point
The company has been delivering excellent results since its turnaround in 2019, with cost reduction, lower leverage, and prospects for further improving its EBITDA margin. Despite this, the company is traded below the multiples of its international peers, even though it is the most profitable and has the best return on equity. The discount compared to peers is due to the political risk, which increased with the news of the company's possible federalization, but which in my view is a buying opportunity.
CEMIG: Remote Chance Of Federalization Opens Up A Great Buying Point
The company has been delivering excellent results since its turnaround in 2019, with cost reduction, lower leverage, and prospects for further improving its EBITDA margin. Despite this, the company is traded below the multiples of its international peers, even though it is the most profitable and has the best return on equity. The discount compared to peers is due to the political risk, which increased with the news of the company's possible federalization, but which in my view is a buying opportunity.
03/22 19:07 EST - seekingalpha.com
Companhia Energética de Minas Gerais - CEMIG (CIG) Q4 2023 Earnings Call Transcript
Companhia Energética de Minas Gerais - CEMIG (CIG) Q4 2023 Earnings Call Transcript
Companhia Energética de Minas Gerais - CEMIG (CIG) Q4 2023 Earnings Call Transcript
Companhia Energética de Minas Gerais - CEMIG (CIG) Q4 2023 Earnings Call Transcript
01/09 18:04 EST - zacks.com
Has Comp En De Mn Cemig (CIG) Outpaced Other Utilities Stocks This Year?
Here is how Cemig (CIG) and NRG Energy (NRG) have performed compared to their sector so far this year.
Has Comp En De Mn Cemig (CIG) Outpaced Other Utilities Stocks This Year?
Here is how Cemig (CIG) and NRG Energy (NRG) have performed compared to their sector so far this year.
12/14 14:17 EST - zacks.com
3 Reasons Growth Investors Will Love Cemig (CIG)
Cemig (CIG) possesses solid growth attributes, which could help it handily outperform the market.
3 Reasons Growth Investors Will Love Cemig (CIG)
Cemig (CIG) possesses solid growth attributes, which could help it handily outperform the market.
11/28 14:17 EST - zacks.com
Here is Why Growth Investors Should Buy Cemig (CIG) Now
Cemig (CIG) could produce exceptional returns because of its solid growth attributes.
Here is Why Growth Investors Should Buy Cemig (CIG) Now
Cemig (CIG) could produce exceptional returns because of its solid growth attributes.
11/11 01:40 EST - seekingalpha.com
Companhia Energética de Minas Gerais - CEMIG (CIG) Q3 2023 Earnings Call Transcript
Companhia Energética de Minas Gerais - CEMIG (NYSE:CIG ) Q3 2023 Earnings Conference Call November 10, 2023 1:00 PM ET Company Participants Carolina Senna - Superintendent, IR Reynaldo Passanezi Filho - CEO Leonardo George de Magalhaes - CFO Marco da Camino Ancona Lopez Soligo - Chief Participation Officer Dimas Costa - Chief Commercial Officer Conference Call Participants Operator Good afternoon, everyone, and welcome to Cemig's Third Quarter 2023 Earnings Video Conference Call. We inform that this call is being recorded, and will be available at the company's IR website, where you will also find the company's presentation.
Companhia Energética de Minas Gerais - CEMIG (CIG) Q3 2023 Earnings Call Transcript
Companhia Energética de Minas Gerais - CEMIG (NYSE:CIG ) Q3 2023 Earnings Conference Call November 10, 2023 1:00 PM ET Company Participants Carolina Senna - Superintendent, IR Reynaldo Passanezi Filho - CEO Leonardo George de Magalhaes - CFO Marco da Camino Ancona Lopez Soligo - Chief Participation Officer Dimas Costa - Chief Commercial Officer Conference Call Participants Operator Good afternoon, everyone, and welcome to Cemig's Third Quarter 2023 Earnings Video Conference Call. We inform that this call is being recorded, and will be available at the company's IR website, where you will also find the company's presentation.
10/16 11:18 EST - zacks.com
Should Value Investors Buy Comp En De Mn Cemig (CIG) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Should Value Investors Buy Comp En De Mn Cemig (CIG) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
10/12 09:46 EST - zacks.com
3 Utility Stocks to Buy for Resisting Market Volatility
Invest in utility stocks like Telefonica Brasil (VIV), Pampa Energia (PAM) and CEMIG (CIG) for steady returns and reduction of risk in a volatile market.
3 Utility Stocks to Buy for Resisting Market Volatility
Invest in utility stocks like Telefonica Brasil (VIV), Pampa Energia (PAM) and CEMIG (CIG) for steady returns and reduction of risk in a volatile market.
09/29 09:46 EST - zacks.com
3 Must-Buy Stocks Under $10 With High Dividend Yield
Invest in companies like PSEC, CIG and OPI that provide a steady stream of income amid market volatility but will not burn a hole in your pocket.
3 Must-Buy Stocks Under $10 With High Dividend Yield
Invest in companies like PSEC, CIG and OPI that provide a steady stream of income amid market volatility but will not burn a hole in your pocket.
09/22 14:17 EST - zacks.com
Looking for a Growth Stock? 3 Reasons Why Cemig (CIG) is a Solid Choice
Cemig (CIG) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Looking for a Growth Stock? 3 Reasons Why Cemig (CIG) is a Solid Choice
Cemig (CIG) is well positioned to outperform the market, as it exhibits above-average growth in financials.
09/22 11:16 EST - zacks.com
Are Investors Undervaluing Comp En De Mn Cemig (CIG) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Are Investors Undervaluing Comp En De Mn Cemig (CIG) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
08/04 23:54 EST - seekingalpha.com
Companhia Energética de Minas Gerais (CIG) Q2 2023 Earnings Call Transcript
Companhia Energética de Minas Gerais (NYSE:CIG ) Q2 2023 Earnings Conference Call August 4, 2023 2:00 PM ET Company Participants Carolina Senna - Superintendent, IR Reynaldo Passanezi Filho - CEO Leonardo George de Magalhaes - CFO Thadeu Carneiro da Silva - Chief Generation and Transmission officer Marco da Camino Ancona Lopez Soligo - Chief Participation Officer Conference Call Participants Andre Sampaio - Santander Marcelo Sa - Itau Daniel Travitzky - Safra Bank Operator [Starts Abruptly] Earnings Video Conference Call. We inform that this video conference is being recorded and will be available at the company's [indiscernible] website, where you will find the company's presentation.
Companhia Energética de Minas Gerais (CIG) Q2 2023 Earnings Call Transcript
Companhia Energética de Minas Gerais (NYSE:CIG ) Q2 2023 Earnings Conference Call August 4, 2023 2:00 PM ET Company Participants Carolina Senna - Superintendent, IR Reynaldo Passanezi Filho - CEO Leonardo George de Magalhaes - CFO Thadeu Carneiro da Silva - Chief Generation and Transmission officer Marco da Camino Ancona Lopez Soligo - Chief Participation Officer Conference Call Participants Andre Sampaio - Santander Marcelo Sa - Itau Daniel Travitzky - Safra Bank Operator [Starts Abruptly] Earnings Video Conference Call. We inform that this video conference is being recorded and will be available at the company's [indiscernible] website, where you will find the company's presentation.
07/14 14:30 EST - seekingalpha.com
Cemig: Great Business But Uncertain Future
Brazilian power company Cemig has seen a significant recovery since 2019, with operational expenses and losses now within regulatory limits, and future investment plans focusing on its distribution segment. Cemig's financial results show positive growth, with a recurring EBITDA of R$ 2.1 billion, an 8% increase compared to the previous year, and a profit of over R$ 1.3 billion. The potential privatization of Cemig is under discussion, but the process is complex and unpredictable, making it an uncertain factor for investors to consider.
Cemig: Great Business But Uncertain Future
Brazilian power company Cemig has seen a significant recovery since 2019, with operational expenses and losses now within regulatory limits, and future investment plans focusing on its distribution segment. Cemig's financial results show positive growth, with a recurring EBITDA of R$ 2.1 billion, an 8% increase compared to the previous year, and a profit of over R$ 1.3 billion. The potential privatization of Cemig is under discussion, but the process is complex and unpredictable, making it an uncertain factor for investors to consider.
05/05 17:43 EST - seekingalpha.com
Companhia Energética de Minas Gerais (CIG) Q1 2023 Earnings Call Transcript
Companhia Energética de Minas Gerais (NYSE:CIG ) Q1 2023 Results Conference Call May 5, 2023 2:00 PM ET Company Participants Carolina Senna - Superintendent-Investor Relations Leonardo George de Magalhaes - Chief Financial Officer Conference Call Participants Julia Bruton - Santander Operator Good afternoon and welcome to Cemig's First Quarter 2023 Earnings Video Conference Call. We informed that this call is being recorded, and will be available at the company's IR website, where you also find the Company's presentation.
Companhia Energética de Minas Gerais (CIG) Q1 2023 Earnings Call Transcript
Companhia Energética de Minas Gerais (NYSE:CIG ) Q1 2023 Results Conference Call May 5, 2023 2:00 PM ET Company Participants Carolina Senna - Superintendent-Investor Relations Leonardo George de Magalhaes - Chief Financial Officer Conference Call Participants Julia Bruton - Santander Operator Good afternoon and welcome to Cemig's First Quarter 2023 Earnings Video Conference Call. We informed that this call is being recorded, and will be available at the company's IR website, where you also find the Company's presentation.
03/27 23:29 EST - seekingalpha.com
Companhia Energética de Minas Gerais (CIG) Q4 2022 Earnings Call Transcript
Companhia Energética de Minas Gerais (NYSE:CIG ) Q4 2022 Earnings Conference Call March 27, 2023 10:30 AM ET Company Participants Márcio Luiz Simões Utsch – Chairman Carolina Senna – Superintendent-Investor Relations Reynaldo Passanezi Filho – Chief Executive Officer Leonardo George de Magalhães – Chief Financial Officer Marney Tadeu Antunes – Chief Distribution Officer Conference Call Participants Daniel Travitzky – Safra Bank André Sampaio – Santander João Pimentel – BTG Márcio Luiz Simões Utsch [Call Starts Abruptly] If we lose market, this will be a defeat for us. Just as all of our victories will show, when people say we want to stay with you, this is the work that our team has to do.
Companhia Energética de Minas Gerais (CIG) Q4 2022 Earnings Call Transcript
Companhia Energética de Minas Gerais (NYSE:CIG ) Q4 2022 Earnings Conference Call March 27, 2023 10:30 AM ET Company Participants Márcio Luiz Simões Utsch – Chairman Carolina Senna – Superintendent-Investor Relations Reynaldo Passanezi Filho – Chief Executive Officer Leonardo George de Magalhães – Chief Financial Officer Marney Tadeu Antunes – Chief Distribution Officer Conference Call Participants Daniel Travitzky – Safra Bank André Sampaio – Santander João Pimentel – BTG Márcio Luiz Simões Utsch [Call Starts Abruptly] If we lose market, this will be a defeat for us. Just as all of our victories will show, when people say we want to stay with you, this is the work that our team has to do.
02/28 19:17 EST - seekingalpha.com
Companhia Energetica de Minas Gerais: Buy On A Convincing Swing Low
Companhia Energética de Minas Gerais continues its aggressive investment path. This is possible due to a strong balance sheet and strong cash flow generation.
Companhia Energetica de Minas Gerais: Buy On A Convincing Swing Low
Companhia Energética de Minas Gerais continues its aggressive investment path. This is possible due to a strong balance sheet and strong cash flow generation.
11/19 15:04 EST - investorplace.com
7 Utility Stocks to Buy Heading Into December 2022
With macroeconomic pressures weighing heavily on market sentiment, investors should play it (relatively) safe with utility stocks to buy. Fundamentally, these energy and resource service providers represent an indelible demand structure.
7 Utility Stocks to Buy Heading Into December 2022
With macroeconomic pressures weighing heavily on market sentiment, investors should play it (relatively) safe with utility stocks to buy. Fundamentally, these energy and resource service providers represent an indelible demand structure.
11/16 17:54 EST - seekingalpha.com
Companhia Energética de Minas Gerais (CIG) Q3 2022 Earnings Call Transcript
Companhia Energética de Minas Gerais (NYSE:CIG ) Q3 2022 Earnings Conference Call November 16, 2022 1:00 PM ET Company Participants Carolina Sena - Investor Relations, Superintendent Reynaldo Passanezi Filho - CEO Leonardo George de Magalhães - Chief Financial Officer and IR Officer Conference Call Participants Andre Sampaio - Santander Operator [Abrupt Start] company's IR website, where the presentation will also be available. Note that if you need simultaneous translation this tool is available with the globe icon where it says interpretation located at the center lower part of the screen.
Companhia Energética de Minas Gerais (CIG) Q3 2022 Earnings Call Transcript
Companhia Energética de Minas Gerais (NYSE:CIG ) Q3 2022 Earnings Conference Call November 16, 2022 1:00 PM ET Company Participants Carolina Sena - Investor Relations, Superintendent Reynaldo Passanezi Filho - CEO Leonardo George de Magalhães - Chief Financial Officer and IR Officer Conference Call Participants Andre Sampaio - Santander Operator [Abrupt Start] company's IR website, where the presentation will also be available. Note that if you need simultaneous translation this tool is available with the globe icon where it says interpretation located at the center lower part of the screen.