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CIG Stock Overview

Profile

Full Name:

Companhia Energética de Minas Gerais - CEMIG

Sector:

Utilities

Industry:

Diversified

Country:

Brazil

IPO:

November 18, 1996

Indexes:

Not included

Website:

http://www.cemig.com.br

Description:

CIG (Companhia Energética de Minas Gerais) is a Brazilian energy company that generates and distributes electricity. It focuses on renewable energy sources, such as hydroelectric power, and serves millions of customers in Minas Gerais. CIG aims to provide reliable and sustainable energy solutions for the region.

Key Details

Price

$1.91

Market Cap

$5.46 B(Mid cap)

Last Dividend

$0.03

TTM Dividend Yield

12.50%

Annual Revenue

$7.38 B(+10.46% YoY)

Annual EPS

$0.40(+45.51% YoY)

PE Ratio

0.01

Annual ROE

25.10%

Annual Debt To Equity

0.40

Beta

0.43

Events Calendar

Earnings

Next earnings date:

Mar 21, 2025

Recent quarterly earnings:

Nov 13, 2024

Recent annual earnings:

Mar 21, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 30, 2024
Splits

Next split:

N/A

Recent split:

May 24, 2024

Analyst ratings

Recent major analysts updates

Nov 24, 23 B of A Securities
Neutral
Nov 1, 23 HSBC
Buy
Sep 20, 23 B of A Securities
Buy
Nov 14, 19 Goldman Sachs
Buy
Apr 4, 18 JP Morgan
Neutral
Nov 27, 17 JP Morgan
Overweight
Jul 14, 17 Goldman Sachs
Sell
Jun 26, 15 JP Morgan
Neutral
May 20, 13 Standpoint Research
Buy
Mar 19, 13 Standpoint Research
Hold

Screeners with CIG included

Mid cap stocks
Brazilian stocks
Stocks below SMA 200
Stocks above SMA 50
Utilities sector
Companies with growing dividends
All stocks
High yield dividend stocks
Top dividend stocks in sectors
Undervalued & growing dividend

Market Data

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Price

Current Price

$1.91
CIG price is $1.91

Price All-time High

$10.90
CIG price is currently -82.48% below its historical high of $10.90

Price Analysts Target

-
CIG price consensus analysts' forecast is unknown

Price Most Recent Change

+2.69%
CIG price was up +2.69% on Mar 3, 2025

Price YTD Change

+7.3%
CIG price is up +7.3% since January 1st

Price 3-Year Change

-5.23%
CIG price is down -5.23% over the past 3 years

Market cap

Market Cap

$5.46 B
CIG market capitalization is $5.46 billion

Market Cap 3-Year Change

-5.27%
CIG market capitalization is down -5.27% over the past 3 years

Market Cap All-time High

$24.85 B
CIG market capitalization is currently -78.01% below its historical high of $24.85 billion

Market Cap Sector Rank

58.18%
CIG market capitalization is higher than 58.18% of companies in Utilities sector

Technical

Beta

0.43
CIG beta is 0.43

200-day SMA

$1.93
CIG price is currently -1.20% below its 200-day simple moving average

14-day RSI

45.83
CIG 14-day relative strength index is 45.83

30-day Relative Volume

0.85
CIG 30-day relative volume is 0.85

Dividend

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Events

Last Paid Dividend

$0.03
CIG last dividend was $0.03 per share, with an ex-dividend date of December 30, 2024

Next Dividend

-
CIG next dividend has not yet been announced

Dividend per share

Annual Dividend Per Share

$0.17
CIG annual dividend per share is $0.17

Annual Dividend Per Share Sector Rank

4.76%
CIG annual dividend per share is higher than 4.76% of companies in Utilities sector

Annual Dividend Per Share 1-Year Change

-17.55%
CIG annual dividend per share is down -17.55% year-on-year

Annual Dividend Per Share 3-Year Change

+184.13%
CIG annual dividend per share is up +184.13% over the past 3 years

Dividend yield

Annual Dividend Yield

9.00%
CIG annual dividend yield is 9.00%

Annual Dividend Yield Sector Rank

96.39%
CIG annual dividend yield is higher than 96.39% of companies in Utilities sector

Other

Annual Payout Ratio

31.63%
CIG annual payout ratio is 31.63%

Annual Dividends Paid

$365.23 M
CIG annual dividends paid is $365.23 million

Annual FCF

$341.19 M
CIG annual free cash flow is $341.19 million

Profitability

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Revenue

Annual Revenue

$7.38 B
CIG annual revenue is $7.38 billion

Annual Revenue Analysts Estimate

$37.01 B
CIG annual revenue is currently -80.05% lower than the consensus analysts' forecast

Annual Revenue 1-Year Change

+10.46%
CIG annual revenue is up +10.46% year-on-year

Annual Revenue Sector Rank

70.27%
CIG annual revenue is higher than 70.27% of companies in Utilities sector

Profit

Annual Gross Profit

$1.95 B
CIG annual gross profit is $1.95 billion

Annual Gross Margin

26.35%
CIG annual gross profit margin is 26.35%

Annual Operating Profit

$1.28 B
CIG annual operating income is $1.28 billion

Annual Operating Margin

17.33%
CIG annual operating profit margin is 17.33%

Annual Net Income

$1.15 B
CIG annual net profit is $1.15 billion

Annual Net Margin

15.65%
CIG annual net profit margin is 15.65%

EPS

Annual EPS

$0.40
CIG annual earnings per share is $0.40

Annual EPS Analysts Estimate

$0.07
CIG annual earnings per share is currently +460.83% higher than the consensus analysts' forecast

Annual EPS 1-Year Change

+45.51%
CIG annual earnings per share is up +45.51% year-on-year

Annual EPS Sector Rank

31.82%
CIG annual earnings per share is higher than 31.82% of companies in Utilities sector

ROA & ROE

Annual ROA

10.75%
CIG annual return on assets is 10.75%

Annual ROE

25.10%
CIG annual return on equity is 25.10%

EBIT & EBITDA

Annual EBIT

$1.55 B
CIG annual earnings before interest & taxes is $1.55 billion

Annual EBITDA

$1.81 B
CIG annual EBITDA is $1.81 billion

Valuation

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PE Ratio

PE Ratio

0.01
CIG price to earnings ratio is 0.01

PE Ratio Sector Rank

1.14%
CIG price to earnings ratio is higher than 1.14% of companies in Utilities sector

PB Ratio

PB Ratio

1.06
CIG price to book ratio is 1.06

PB Ratio Sector Rank

14.81%
CIG price to book ratio is higher than 14.81% of companies in Utilities sector

PS Ratio

PS Ratio

-0.08
CIG price to sales ratio is -0.08

PS Ratio Sector Rank

1.94%
CIG price to sales ratio is higher than 1.94% of companies in Utilities sector

Enterprise value

Enterprise Value

$7.47 B
CIG enterprise value is $7.47 billion

Enterprise Value Sector Rank

44.86%
CIG enterprise value is higher than 44.86% of companies in Utilities sector

EV/EBITDA

EV/EBITDA

-3.74
CIG EV/EBITDA is -3.74

EV/EBITDA Sector Rank

6.73%
CIG EV/EBITDA is higher than 6.73% of companies in Utilities sector

Financial Health

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Liquidity

Annual Current Ratio

0.91
CIG annual current ratio is 0.91

Annual Quick Ratio

-
CIG annual quick ratio value is unknown

Leverage

Annual Debt To Equity

0.40
CIG annual debt to equity ratio is 0.40

Annual Interest Coverage Ratio

8.56
CIG annual interest coverage ratio is 8.56

Risk & Stability

Piotroski F-Score

5
CIG piotroski f-score is 5

Altman Z-Score

1.60
CIG altman z-score is 1.60

Balance Sheet

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Assets

Annual Total Assets

$11.33 B
CIG annual total assets is $11.33 billion

Annual Non Current Assets

$8.89 B
CIG annual long term assets is $8.89 billion

Annual Current Assets

$2.45 B
CIG annual total current assets is $2.45 billion

Annual Cash & Cash Equivalents

$316.70 M
CIG annual cash & cash equivalents is $316.70 million

Equity

Annual Book Value

$5.08 B
CIG annual book value is $5.08 billion

Annual Working Capital

-$252.21 M
CIG annual working capital is -$252.21 million

Liabilities

Annual Total Liabilities

$6.25 B
CIG annual total liabilities is $6.25 billion

Annual Total Long Term Liabilities

$3.55 B
CIG annual total long term liabilities is $3.55 billion

Annual Current Liabilities

$2.70 B
CIG annual total current liabilities is $2.70 billion

Annual Accounts Payable

$621.65 M
CIG annual accounts payable is $621.65 million

Debt

Annual Total Debt

$2.11 B
CIG annual total debt is $2.11 billion

Annual Total Debt 1-Year Change

+2.27%
CIG annual total debt is up +2.27% year-on-year

Annual Long Term Debt

$1.56 B
CIG annual long term debt is $1.56 billion

Annual Short Term Debt

$558.19 M
CIG annual short term debt is $558.19 million

Expenses

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Annual Total Expenses

$6.10 B
CIG annual total expenses is $6.10 billion

Annual Operating Expenses

$665.97 M
CIG annual total operating expenses is $665.97 million

Annual Cost Of Goods Sold

$5.44 B
CIG annual cost of goods sold is $5.44 billion

Annual SGA

$328.93 M
CIG annual SGA is $328.93 million

Annual D&A

$255.24 M
CIG annual depreciation & amortization is $255.24 million

Annual Interest Expense

$181.46 M
CIG annual interest expense is $181.46 million

Cash Flow

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Cashflow Activities

Annual CFO

$1.33 B
CIG annual cash flow from operations is $1.33 billion

Annual CFO 1-Year Change

+3.8%
CIG annual cash flow from operations is up +3.8% year-on-year

Annual CFI

-$794.78 M
CIG annual cash flow from investing activities is -$794.78 million

Annual CFI 1-Year Change

-27.9%
CIG annual cash flow from investing activities is down -27.9% year-on-year

Annual CFF

-$517.10 M
CIG annual cash flow from financing activities is -$517.10 million

Annual CFF 1-Year Change

+4.5%
CIG annual cash flow from financing activities is up +4.5% year-on-year

Free CashFlow

Annual FCF

$341.19 M
CIG annual free cash flow is $341.19 million

Annual FCF 1-Year Change

-72.16%
CIG annual free cash flow is down -72.16% year-on-year

CAPEX

Annual CAPEX

$989.92 M
CIG annual capital expenditures is $989.92 million

Annual CAPEX 1-Year Change

+1648.03%
CIG annual capital expenditures is up +1648.03% year-on-year

Institutional Ownership

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FAQ

  • What is the ticker symbol for Companhia Energetica de Minas Gerais?
  • Does Companhia Energetica de Minas Gerais pay dividends?
  • What sector is Companhia Energetica de Minas Gerais in?
  • What industry is Companhia Energetica de Minas Gerais in?
  • What country is Companhia Energetica de Minas Gerais based in?
  • When did Companhia Energetica de Minas Gerais go public?
  • Is Companhia Energetica de Minas Gerais in the S&P 500?
  • Is Companhia Energetica de Minas Gerais in the NASDAQ 100?
  • Is Companhia Energetica de Minas Gerais in the Dow Jones?
  • When was Companhia Energetica de Minas Gerais's last earnings report?
  • When does Companhia Energetica de Minas Gerais report earnings?

What is the ticker symbol for Companhia Energetica de Minas Gerais?

The ticker symbol for Companhia Energetica de Minas Gerais is NYSE:CIG

Does Companhia Energetica de Minas Gerais pay dividends?

Yes, Companhia Energetica de Minas Gerais pays dividends. The last payment was $0.03, with an ex-dividend date on December 30, 2024

What sector is Companhia Energetica de Minas Gerais in?

Companhia Energetica de Minas Gerais is in the Utilities sector

What industry is Companhia Energetica de Minas Gerais in?

Companhia Energetica de Minas Gerais is in the Diversified industry

What country is Companhia Energetica de Minas Gerais based in?

Companhia Energetica de Minas Gerais is headquartered in Brazil

When did Companhia Energetica de Minas Gerais go public?

Companhia Energetica de Minas Gerais's initial public offering (IPO) was on November 18, 1996

Is Companhia Energetica de Minas Gerais in the S&P 500?

No, Companhia Energetica de Minas Gerais is not included in the S&P 500 index

Is Companhia Energetica de Minas Gerais in the NASDAQ 100?

No, Companhia Energetica de Minas Gerais is not included in the NASDAQ 100 index

Is Companhia Energetica de Minas Gerais in the Dow Jones?

No, Companhia Energetica de Minas Gerais is not included in the Dow Jones index

When was Companhia Energetica de Minas Gerais's last earnings report?

Companhia Energetica de Minas Gerais's most recent earnings report was on Nov 13, 2024

When does Companhia Energetica de Minas Gerais report earnings?

The next expected earnings date for Companhia Energetica de Minas Gerais is Mar 21, 2025