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Companhia Energética de Minas Gerais - CEMIG (CIG)

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1.9100 -0.0500 (-2.55%)
At close: October 18 at 4:00 PM EDT
1.9002 -0.01 (-0.51%)
After hours: October 18 at 8:00 PM EDT
Loading Chart for CIG
DELL
  • Previous Close 1.9600
  • Open 1.9600
  • Bid 1.9500 x 2900
  • Ask 1.9400 x 41800
  • Day's Range 1.9500 - 1.9597
  • 52 Week Range 1.6231 - 2.1900
  • Volume 968,181
  • Avg. Volume 1,722,178
  • Market Cap (intraday) 6.122B
  • Beta (5Y Monthly) 0.81
  • PE Ratio (TTM) 5.16
  • EPS (TTM) 0.3700
  • Earnings Date Nov 13, 2024
  • Forward Dividend & Yield 0.12 (6.26%)
  • Ex-Dividend Date Sep 30, 2024
  • 1y Target Est 2.20

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 and derivatives; sale and trading of energy; construction, implementation, operation and maintenance of electricity transmission; marketing and intermediation of energy-related business; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

www.cemig.com.br

4,918

Full Time Employees

December 31

Fiscal Year Ends

Utilities

Sector

Recent News: CIG

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Performance Overview: CIG

Trailing total returns as of 10/18/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

CIG
19.05%
IBOVESPA
2.75%

1-Year Return

CIG
24.06%
IBOVESPA
12.59%

3-Year Return

CIG
34.75%
IBOVESPA
13.83%

5-Year Return

CIG
24.31%
IBOVESPA
24.27%

Compare To: CIG

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Statistics: CIG

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Valuation Measures

As of 10/18/2024
  • Market Cap

    6.12B

  • Enterprise Value

    7.60B

  • Trailing P/E

    5.19

  • Forward P/E

    6.15

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.82

  • Price/Book (mrq)

    1.16

  • Enterprise Value/Revenue

    1.14

  • Enterprise Value/EBITDA

    4.33

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    15.74%

  • Return on Assets (ttm)

    8.38%

  • Return on Equity (ttm)

    23.72%

  • Revenue (ttm)

    37.88B

  • Net Income Avi to Common (ttm)

    5.96B

  • Diluted EPS (ttm)

    0.3700

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    3.4B

  • Total Debt/Equity (mrq)

    45.25%

  • Levered Free Cash Flow (ttm)

    -3.21M

Research Analysis: CIG

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 9.44B
Earnings 1.69B
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

2.10
2.20 Average
1.9100 Current
2.30 High
 

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