Companhia Energética de Minas Gerais - CEMIG (CIG)

NYSE: CIG · Real-Time Price · USD
2.415
+0.025 (1.05%)
May 8, 2026, 1:38 PM EDT - Market open
Market Cap7.74B +51.0%
Revenue (ttm)8.31B +7.4%
Net Income927.29M -31.2%
EPS0.32 -31.2%
Shares Out 2.86B
PE Ratio8.34
Forward PE10.65
Dividend$0.16 (6.77%)
Ex-Dividend DateMar 30, 2026
Volume3,693,826
Open2.430
Previous Close2.390
Day's Range2.395 - 2.460
52-Week Range1.750 - 2.760
Beta0.24
Analystsn/a
Price Targetn/a
Earnings DateMay 19, 2026

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, 2025, the company operated 32 hydro plants with a total capacity of 4,434 M, 2 wind farms with a total capacity of 71 MW, and 12 photovoltaic power stations with a total capacity of 169 MW; 365,577 miles of distribution lines; and 4,865 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and der... [Read more]

Sector Utilities
Founded 1952
Employees 5,320
Stock Exchange NYSE
Ticker Symbol CIG
Full Company Profile

Financial Performance

In 2025, CIG's revenue was 42.75 billion, an increase of 7.36% compared to the previous year's 39.82 billion. Earnings were 4.90 billion, a decrease of -31.19%.

Financial numbers in BRL Financial Statements

News

Cemig Files 2025 Form 20-F

BELO HORIZONTE, Brazil, April 17, 2026 /PRNewswire/ -- COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG ("Cemig") (NYSE: CIG, CIG.C; B3: CMIG3, CMIG4), a publicly held company with shares traded on the ex...

20 days ago - PRNewsWire

Cia Energetica DE Minas Gerais - Cemig (CIG) Q4 2025 Earnings Call Highlights: Record ...

Cia Energetica DE Minas Gerais - Cemig (CIG) Q4 2025 Earnings Call Highlights: Record Investments and Credit Rating Upgrade Amid Market Challenges

6 weeks ago - GuruFocus

CEMIG (CIG) Reports Strong Q4 Results with R$1.8B EBITDA

CEMIG (CIG) Reports Strong Q4 Results with R$1.8B EBITDA

6 weeks ago - GuruFocus

Companhia Energética de Minas Gerais - CEMIG Earnings Call Transcript: Q4 2025

Recurring EBITDA reached BRL 7.3 billion in 2025, with record investments of BRL 6.6 billion and a recurring net profit of BRL 4.2 billion. Leverage rose to 2.3x, and the company maintained a 14.9% dividend yield, while extending key concessions and earning top sustainability awards.

7 weeks ago - Transcripts

Companhia Energética de Minas Gerais - CEMIG Earnings Call Transcript: Q3 2025

Recurring EBITDA fell 16.3% and net profit dropped 30.2% year-over-year, mainly due to client migration, market contraction, and non-recurring events in 2024. Despite these challenges, a record BRL 4.7 billion was invested, and leverage remains conservative at 1.76x EBITDA.

6 months ago - Transcripts

Top 2 Utilities Stocks That Are Preparing To Pump In October

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

7 months ago - Benzinga

Companhia Energética de Minas Gerais - CEMIG Earnings Call Transcript: Q2 2025

Adjusted EBITDA rose 15% year-over-year to BRL 2.2 billion, supported by strong investment in distribution and successful concession extensions. Net debt/EBITDA stands at 1.59x, with a robust cash position and ongoing focus on efficiency and regulatory compliance.

9 months ago - Transcripts

Companhia Energética de Minas Gerais - CEMIG Earnings Call Transcript: Q1 2025

Q1 2025 saw resilient results with BRL 1.8 billion EBITDA and BRL 1 billion net profit, despite trading headwinds. Investments and modernization continue, with leverage at 1.4x and a stable dividend policy. Hydrological volatility and regulatory developments remain key risks.

1 year ago - Transcripts

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...

1 year ago - PRNewsWire

Cemig downgraded to Underperform from Neutral at BofA

BofA analyst Gustavo Faria downgraded Cemig (CIG) to Underperform from Neutral with a price target of R$11, down from R$13. The firm cut its 2025-26 EBITDA forecast by 10% to

1 year ago - TheFly

Cemig downgraded to Underperform from Neutral at BofA

BofA downgraded Cemig (CIG) to Underperform from Neutral with a price target of R$11, down from R$13.

1 year ago - TheFly

Cia Energetica DE Minas Gerais - Cemig (CIG) Q4 2024 Earnings Call Highlights: Record EBITDA ...

Cia Energetica DE Minas Gerais - Cemig (CIG) Q4 2024 Earnings Call Highlights: Record EBITDA and Strategic Divestments Propel Growth

1 year ago - GuruFocus

Companhia Energética de Minas Gerais - CEMIG Earnings Call Transcript: Q4 2024

Record-high EBITDA and net profit were achieved, driven by strong investments, divestments, and operational efficiency. Sustainability and digital transformation advanced, while segment results were mixed due to trading margin declines and lower industrial gas demand.

1 year ago - Transcripts

Cemig downgraded to Underweight from Overweight at JPMorgan

JPMorgan downgraded double Cemig (CIG) to Underweight from Overweight with a R$12 price target The firm says distribution is the best risk/return within Brazil utilities, offering attractive carry wit...

1 year ago - TheFly

Cemig downgraded to Neutral from Outperform at Grupo Santander

Grupo Santander downgraded Cemig (CIG) to Neutral from Outperform with a R$11.36 price target

1 year ago - TheFly

Cemig downgraded to Hold from Buy at HSBC

HSBC downgraded Cemig (CIG) to Hold from Buy with a R$12 price target

1 year ago - TheFly

Cia Energetica DE Minas Gerais - Cemig (CIG) Q3 2024 Earnings Call Highlights: Record EBITDA ...

Cia Energetica DE Minas Gerais - Cemig (CIG) Q3 2024 Earnings Call Highlights: Record EBITDA and Strategic Divestments Propel Growth

1 year ago - GuruFocus

Companhia Energética de Minas Gerais - CEMIG Earnings Call Transcript: Q3 2024

Achieved record EBITDA and AAA credit rating, driven by the Aliança sale and tariff review. Investments and cash generation remain strong, with leverage expected to rise moderately as the company pursues major growth and a potential shift to a corporation structure.

1 year ago - Transcripts

CEMIG trading resumes

15:21 EST CEMIG (CIG) trading resumes

1 year ago - TheFly

CEMIG trading halted, news pending

14:01 EST CEMIG (CIG) trading halted, news pending

1 year ago - TheFly

Cemig initiated with a Sector Perform at Scotiabank

Scotiabank initiated coverage of Cemig (CIG) with a Sector Perform rating and R$12.50 price target . Cemig, an integrated energy utility company owned by the state of Minas Gerais, has

1 year ago - TheFly

Companhia Energética de Minas Gerais - CEMIG Transcript: Investor Day 2024

The company is executing a record BRL 49 billion CapEx plan focused on regulated businesses in Minas Gerais, with strong financial performance, consistent dividends, and a customer-centric strategy. Divestments, network modernization, and energy transition initiatives are driving efficiency and future growth, while gradual leverage increase supports ongoing investments.

1 year ago - Transcripts

Companhia Energética de Minas Gerais - CEMIG Earnings Call Transcript: Q2 2024

Consistent results with Q2 EBITDA up nearly 30% year-over-year, strong cash generation, and a 40% increase in 2024 investments. Segment performance was robust, with notable gains in distribution and gas, and ongoing focus on operational efficiency and dividend payments.

2 years ago - Transcripts

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...

2 years ago - PRNewsWire