Companhia Energética de Minas Gerais - CEMIG (CIG)

Market Cap	5.95B
Revenue (ttm)	7.09B
Net Income (ttm)	1.47B
Shares Out	2.86B
EPS (ttm)	0.51
PE Ratio	4.05
Forward PE	7.29
Dividend	$0.31 (16.19%)
Ex-Dividend Date	Sep 30, 2024

Volume	2,837,397
Open	1.850
Previous Close	1.840
Day's Range	1.840 - 1.900
52-Week Range	1.685 - 2.190
Beta	0.82
Analysts	n/a
Price Target	n/a
Earnings Date	Nov 13, 2024

About CIG

Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2023, the company operated 57 hydro plants with a total capacity of 5,010.4 MW, 9 wind farms with a total capacity of 175.7 MW, and 2 photovoltaic power stations with a total capacity of 3.9 MW; 344,006 miles of distribution lines; and 4,653 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products an...

• Industry: Utilities - Diversified
• Sector: Utilities
• Founded: 1952
• Employees: 4,917
• Stock Exchange: NYSE
• Ticker Symbol: CIG
• Website: https://www.cemig.com.br

Financial Performance

In 2023, CIG's revenue was 36.85 billion, an increase of 6.93% compared to the previous year's 34.46 billion. Earnings were 5.76 billion, an increase of 40.86%.

Financial numbers in BRL