Home » Stocks » CIG

Companhia Energetica de Minas Gerais S.A. (CIG)

Stock Price: $2.24 USD -0.08 (-3.45%)
Updated Jul 30, 2021 4:00 PM EDT - Market closed
Market Cap 4.18B
Revenue (ttm) 4.85B
Net Income (ttm) 550.77M
Shares Out 1.69B
EPS (ttm) 0.39
PE Ratio 5.82
Forward PE 8.31
Dividend $0.88
Dividend Yield 39.24%
Trading Day July 30
Last Price $2.24
Previous Close $2.32
Change ($) -0.08
Change (%) -3.45%
Day's Open 2.32
Day's Range 2.24 - 2.34
Day's Volume 4,228,616
52-Week Range 1.66 - 2.85

News

Hide News
  • All
  • Videos
  • Press Releases
  • Conversation

Investors may want to consider the three non-cyclical stocks listed below, as their earnings yields (as calculated via Joel Greenblatt (Trades, Portfolio)'s method) are doubling the 20-year high quality...

Other stocks mentioned: HOLX, SFM
3 days ago - GuruFocus

Utility stocks can be the perfect choice for those looking for balance in their portfolios and a solid way to reduce volatility. The post 8 Best Utility Stocks to Buy for Downside Protection appeared fi...

Other stocks mentioned: AES, CLNE, CPK, DTE, DUK, KEN, MDU
2 months ago - InvestorPlace

Profitability has dropped a lot this year but expectations remain strong going forward. Assets have been shrinking on the balance sheet but cash flow generation remains strong.

6 months ago - Seeking Alpha

Companhia Energética de Minas Gerais (CIG) CEO Reynaldo Passanezi Filho on Q3 2020 Results - Earnings Call Transcript

8 months ago - Seeking Alpha

Four out of thirty-seven Brazilian ADRs scored five out of five on the dividend binomial test and they have an equalweight average 2022 forward dividend yield of 7.6%.

Other stocks mentioned: BBD, BBDO, BDORY, BSBR, CPL, EBR, EWZ ...
9 months ago - Seeking Alpha

One way to discover value opportunities is to screen the market for stocks trading below the Graham Number, as such stocks could be trading below their intrinsic value.

Other stocks mentioned: FOR, SI
9 months ago - GuruFocus

CEMIG: An Ex-High-Yielding Brazilian Utility That Is Best Avoided For Now

11 months ago - Seeking Alpha

Companhia Energética de Minas Gerais (CIG) CEO Reynaldo Passanezi Filho on Q2 2020 Results - Earnings Call Transcript

11 months ago - Seeking Alpha

Sometimes, stocks go up for no reason -- or even for a bad reason.

Other stocks mentioned: GGB, SBS, SID
1 year ago - The Motley Fool

Companhia Energética de Minas Gerais (CIG) CEO Reynaldo Passanezi Filho on Q1 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Brazil's president could soon be impeached. This is good news?

Other stocks mentioned: AZUL, BBD, BSBR, ERJ, SID
1 year ago - The Motley Fool

Brazil is the new COVID-19 hot spot.

Other stocks mentioned: BBD, PBR, PBR.A
1 year ago - The Motley Fool

Companhia Energética de Minas Gerais (CIG) Management on Q3 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

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, 2020, the company operated 89 hydroelectric, wind, and solar plants with an installed capacity of 6,000 MW; 339,086 miles of distribution lines; and as of January 27, 2021, it operated 4,374 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 infrastruct... [Read more...]

Industry
Utilities-Diversified
Founded
1952
CEO
Bernardo Afonso Salomao de Alvarenga
Employees
5,334
Stock Exchange
NYSE
Ticker Symbol
CIG
Full Company Profile

Financial Performance

In 2020, CIG's revenue was 25.23 billion, a decrease of -1.01% compared to the previous year's 25.49 billion. Earnings were 2.86 billion, a decrease of -10.33%.

Financial numbers in millions BRL.
Financial Statements

Analyst Forecasts

According to 3 analysts, the average rating for CIG stock is "Strong Buy." The 12-month stock price forecast is 2.90, which is an increase of 29.46% from the latest price.

Price Target
$2.90
(29.46% upside)
Analyst Consensus: Strong Buy