Companhia Energetica de Minas Gerais S.A. (CIG)
| Market Cap | 6.10B |
| Revenue (ttm) | 6.04B |
| Net Income (ttm) | 673.43M |
| Shares Out | 2.52B |
| EPS (ttm) | 0.33 |
| PE Ratio | 7.33 |
| Forward PE | 9.95 |
| Dividend | $0.14 (5.89%) |
| Ex-Dividend Date | Jun 27, 2022 |
| Volume | 4,545,078 |
| Open | 2.48 |
| Previous Close | 2.45 |
| Day's Range | 2.40 - 2.48 |
| 52-Week Range | 1.87 - 3.39 |
| Beta | 0.57 |
| Analysts | Buy |
| Price Target | 2.30 (-5.0%) |
| Earnings Date | Aug 17, 2022 |
About CIG
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurit... [Read more...]
Financial Performance
In 2021, CIG's revenue was 33.65 billion, an increase of 33.37% compared to the previous year's 25.23 billion. Earnings were 3.75 billion, an increase of 30.97%.
Financial numbers in BRL Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for CIG stock is "Buy." The 12-month stock price forecast is 2.3, which is a decrease of -4.96% from the latest price.
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