Companhia Energética de Minas Gerais - CEMIG (CIG)

NYSE: CIG · Real-Time Price · USD
1.920
+0.070 (3.78%)
May 8, 2025, 4:00 PM EDT - Market closed
3.78%
Market Cap 5.97B
Revenue (ttm) 6.44B
Net Income (ttm) 1.15B
Shares Out 2.86B
EPS (ttm) 0.40
PE Ratio 5.18
Forward PE 9.60
Dividend $0.30 (15.62%)
Ex-Dividend Date May 12, 2025
Volume 2,949,178
Open 1.890
Previous Close 1.850
Day's Range 1.890 - 1.930
52-Week Range 1.590 - 2.190
Beta 0.55
Analysts n/a
Price Target n/a
Earnings Date May 16, 2025

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... [Read more]

Sector Utilities
Founded 1952
Employees 4,917
Stock Exchange NYSE
Ticker Symbol CIG
Full Company Profile

Financial Performance

In 2024, CIG's revenue was 39.82 billion, an increase of 8.06% compared to the previous year's 36.85 billion. Earnings were 7.12 billion, an increase of 23.47%.

Financial numbers in BRL Financial Statements

News

Stock Picks From Seeking Alpha's April 2025 New Analysts

In April, Seeking Alpha welcomed 20 new analysts. This article introduces them and showcases some of their top picks. Top picks include Palantir, Arch Capital Group, and Utah Medical Products, emphasi...

2 days ago - Seeking Alpha

Cemig Files 2024 Form 20-F

BELO HORIZONTE, Brazil , May 1, 2025 /PRNewswire/ -- A COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG ("CEMIG") (NYSE: CIG), (NYSE: CIG.C), (B3: CMIG3), (B3: CMIG4) - a publicly held company with shares...

7 days ago - PRNewsWire

Shaky Grounds: Core Market Erosion Complicates Cemig's Future

Cemig is the biggest energy distributor of Latin America. Upcoming regulatory changes will end Cemig's privileged market position, shrinking its main captive market segment and opening it up competiti...

12 days ago - Seeking Alpha

Companhia Energética de Minas Gerais - CEMIG (CIG) Q4 2024 Earnings Call Transcript

Companhia Energética de Minas Gerais - CEMIG (NYSE:CIG) Q4 2024 Results Conference Call March 21, 2024 2:00 PM ET Company Participants Carolina Senna - Investor Relations Superintendent Reynaldo Pass...

6 weeks ago - Seeking Alpha

Global Industrial Company (GIC) Q4 2024 Earnings Conference Call Transcript

Global Industrial Company (GIC) Q4 2024 Earnings Conference Call Transcript

2 months ago - Seeking Alpha

MoneyShow's Best Investment Ideas For 2025: Part 10

MoneyShow presents top investment ideas for 2025 from their contributors. This year's edition presents a broad mix of theme-based stock picks, momentum-driven high-flyers and beaten-up stocks with tur...

Other symbols: AMDETSYIPXLYGNKENVO
3 months ago - Seeking Alpha

Companhia Energetica de Minas Gerais - CEMIG (CIG) Q3 2024 Earnings Call Transcript

Companhia Energetica de Minas Gerais - CEMIG (NYSE:CIG) Q3 2024 Earnings Conference Call November 18, 2024 8:30 AM ET Company Participants Carolina Senna - Investor Relations Superintendent Reynaldo ...

6 months ago - Seeking Alpha

Cemig: A Solid Pick For Dividends In Brazil

Cemig, a state-owned electricity company in Minas Gerais, operates in generation, transmission, and distribution, with stable operations and attractive dividends. Despite governance risks, Cemig's eff...

8 months ago - Seeking Alpha

Companhia Energetica de Minas Gerais - CEMIG (CIG) Q2 2024 Earnings Call Transcript

Companhia Energetica de Minas Gerais - CEMIG (NYSE:CIG) Q2 2024 Earnings Conference Call August 20, 2024 8:30 AM ET Company Participants Carolina Senna - Investor Relations Superintendent Marcio Luiz...

9 months ago - Seeking Alpha

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 ...

1 year ago - Seeking Alpha

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 shar...

1 year ago - PRNewsWire

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...

1 year ago - Seeking Alpha

Companhia Energética de Minas Gerais - CEMIG (CIG) Q4 2023 Earnings Call Transcript

Companhia Energética de Minas Gerais - CEMIG (CIG) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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 Leon...

1 year ago - Seeking Alpha

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 se...

1 year ago - Seeking Alpha

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 Magal...

2 years ago - Seeking Alpha

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-In...

2 years ago - Seeking Alpha

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.

2 years ago - Seeking Alpha

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 Passanez...

2 years ago - Seeking Alpha

Companhia Energética de Minas Gerais' (CIG) Management on Q2 2022 Results - Earnings Call Transcript

Companhia Energética de Minas Gerais (NYSE:CIG) Q2 2022 Earnings Conference Call August 16, 2022 2:00 PM ET Company Participants Carolina Sena – Investor Relations, Superintendent Leonardo George de ...

2 years ago - Seeking Alpha

Companhia Energetica de Minas Gerais (CIG) CEO Reynaldo Passanezi Filho on Q1 2022 Results - Earnings Call Transcript

Companhia Energetica de Minas Gerais (NYSE:CIG) Q1 2022 Earnings Conference Call May 16, 2022 9:00 AM ET Company Participants Carolina Senna - Superintendent of Investor Relations Reynaldo Passanezi ...

3 years ago - Seeking Alpha

Companhia Energética de Minas Gerais' (CIG) CEO Reynaldo Passanezi Filho on Q3 2021 Results - Earnings Call Transcript

Companhia Energética de Minas Gerais' (CIG) CEO Reynaldo Passanezi Filho on Q3 2021 Results - Earnings Call Transcript

3 years ago - Seeking Alpha

Companhia Energética de Minas Gerais (CIG) CEO Reynaldo Passanezi Filho on Q2 2021 Results - Earnings Call Transcript

Companhia Energética de Minas Gerais (CIG) CEO Reynaldo Passanezi Filho on Q2 2021 Results - Earnings Call Transcript

4 years ago - Seeking Alpha

Companhia Energetica: Strong Return On Capital Performer

The company actually reported an impressive set of first quarter numbers, although doubts remain regarding future profitability. The market has not rewarded the stock yet for the transition it is unde...

4 years ago - Seeking Alpha