CIG

Oct 26, 4:30 AMLula’s surprise reelection sinks Cemig ADR 15% as Brazilian assets unwind election rally

Peers: ELPC CEPU ENIC KEP EDN SBS AES NGG NEE PAM

| Held by: AVEM SPEM IGF VXUS VWO KOMP CNRG VEU GII DFAE

Index	-
Market Cap	3.50B
Enterprise Value	7.30B
Income	866.91M
Sales	8.28B
Book/sh	1.97
Cash/sh	0.31
Dividend Est.	0.15 (8.41%)
Dividend TTM	0.22 (11.85%)
Dividend Ex-Date	Sep 28, 2026
Dividend Gr. 3/5Y	15.44% 20.11%
Payout	66.36%
Employees	5320
IPO	Nov 18, 1996

P/E	6.07
Forward P/E	7.67
PEG	-
P/S	0.42
P/B	0.93
P/C	5.88
P/FCF	6.20
EV/EBITDA	5.37
EV/Sales	0.88
Quick Ratio	1.17
Current Ratio	1.17
Debt/Eq	0.78
LT Debt/Eq	0.72
Option/Short	Yes / Yes

EPS (ttm)	0.30
EPS next Y	0.24
EPS next Q	0.05
EPS this Y	-25.69%
EPS next Y	-1.40%
EPS next 5Y	-1.67%
EPS past 3/5Y	3.42% 9.56%
Sales past 3/5Y	4.67% 9.37%
EPS Y/Y TTM	-24.59%
Sales Y/Y TTM	12.93%
EPS Q/Q	-10.66%
Sales Q/Q	16.01%
Earnings	Aug 14 BMO
EPS/Sales Surpr.	35.65% 17.78%

Insider Own	0.00%
Insider Trans	-
Inst Own	7.72%
Inst Trans	-1.14%
ROA	6.85%
ROE	15.97%
ROIC	8.92%
Gross Margin	15.25%
Oper. Margin	12.74%
Profit Margin	10.47%
SMA20	-17.64%
SMA50	-14.21%
SMA200	-16.96%
Trades

Shs Outstand	1.90B
Shs Float	1.90B
Short Float	0.11%
Short Ratio	0.42
Short Interest	2.15M
52W High	2.76 -33.33%
52W Low	1.81 1.66%
Volatility	3.61% 2.70%
ATR (14)	0.09
RSI (14)	28.90
Beta	0.80
Rel Volume	1.02
Avg Volume	5.11M
Volume	2,118,937

Perf Week	-19.30%
Perf Month	-12.38%
Perf Quarter	-15.98%
Perf Half Y	-26.98%
Perf YTD	-8.00%
Perf Year	-11.11%
Perf 3Y	18.47%
Perf 5Y	91.52%
Perf 10Y	81.13%
Recom	2.56
Target Price	2.40
Prev Close	1.86
Price	1.84
Change %	-1.08%

Date	Action	Analyst	Rating Change	Price Target Change
Apr-01-25	Downgrade	BofA Securities	Neutral → Underperform
Jan-10-25	Downgrade	HSBC Securities	Buy → Hold
Oct-31-24	Initiated	Scotiabank	Sector Perform
Nov-24-23	Downgrade	BofA Securities	Buy → Neutral
Nov-01-23	Upgrade	HSBC Securities	Hold → Buy	$2.90
Sep-20-23	Upgrade	BofA Securities	Neutral → Buy
Nov-14-19	Initiated	Goldman	Buy
Apr-10-19	Upgrade	JP Morgan	Neutral → Overweight
Jan-16-19	Downgrade	Citigroup	Neutral → Sell
Jan-03-19	Downgrade	Goldman	Neutral → Sell
Oct-18-18	Downgrade	UBS	Buy → Neutral
Apr-04-18	Downgrade	JP Morgan	Overweight → Neutral
Nov-27-17	Upgrade	JP Morgan	Neutral → Overweight
Jul-14-17	Upgrade	Goldman	Sell → Neutral
Jun-22-17	Upgrade	Morgan Stanley	Underweight → Overweight
Apr-26-17	Downgrade	JP Morgan	Overweight → Neutral
Dec-17-15	Downgrade	Goldman	Buy → Neutral
Jun-26-15	Upgrade	JP Morgan	Underweight → Neutral
May-20-13	Upgrade	Standpoint Research	Hold → Buy
Nov-30-12	Upgrade	Standpoint Research	Hold → Buy

Show Previous Ratings

Aug-20-26 09:02PM	Cia Energetica DE Minas Gerais - Cemig (CIG) (Q2 2026) Earnings Call Highlights: Robust EBITDA ... (GuruFocus.com)
Aug-04-26 07:02PM	Carel Industries SpA (FRA:CIG) (Q2 2026) Earnings Call Highlights: Record Revenue and Margin ... (GuruFocus.com)
May-14-26 12:21PM	Cemig: Q1 Earnings Snapshot (Associated Press)
Apr-17-26 04:33PM	Cemig Files 2025 Form 20-F (PR Newswire)
Mar-20-26 05:00PM	Cia Energetica DE Minas Gerais - Cemig (CIG) Q4 2025 Earnings Call Highlights: Record ... (GuruFocus.com)
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Mar-16-26 09:00PM	Carel Industries SpA (FRA:CIG) Q4 2025 Earnings Call Highlights: Strong Organic Growth and ... (GuruFocus.com)
Sep-30-25 05:01PM	Companhia Energetica De Minas Gerais (CIG) Releases its Earnings Report for the Second Quarter of 2025 (Insider Monkey)
Sep-19-25 12:20AM	CEMIG Plans to Invest in Clean Energy Projects Using Its Experience In HydroPower (Insider Monkey)
Jul-31-25 12:23PM	Companhia Energetica de Minas Gerais - CEMIG (CIG) Unveils $6.3B Modernization Plan to Reinvent Brazil's Energy Grid (Insider Monkey)
Jul-25-25 10:38PM	Companhia Energetica de Minas Gerais - CEMIG (CIG)Launches $6.3B Modernization Plan (Insider Monkey)
Jul-07-25 09:40AM	Is Comp En De Mn Cemig (CIG) Stock Undervalued Right Now? (Zacks)
Jul-01-25 09:40AM	Are Utilities Stocks Lagging Comp En De Mn Cemig (CIG) This Year? (Zacks)
Jun-19-25 09:40AM	Should Value Investors Buy Comp En De Mn Cemig (CIG) Stock? (Zacks)
Jun-03-25 09:40AM	Are Investors Undervaluing Comp En De Mn Cemig (CIG) Right Now? (Zacks)
May-01-25 07:00AM	Cemig Files 2024 Form 20-F (PR Newswire)
04:49PM	Loading…
Apr-26-25 04:49PM	Shaky Grounds: Core Market Erosion Complicates Cemig's Future (Seeking Alpha)
Apr-22-25 07:21AM	OGE Energy: Benefiting From The Safe Haven Trade, But Wait For A Pullback (Seeking Alpha)
Mar-22-25 03:01AM	Cia Energetica DE Minas Gerais - Cemig (CIG) Q4 2024 Earnings Call Highlights: Record EBITDA ... (GuruFocus.com)
Mar-21-25 05:49PM	Companhia Energetica de Minas Gerais - CEMIG (CIG) Q4 2024 Earnings Call Transcript (SeekingAlpha) -6.60%
Mar-20-25 10:00AM	Here are the major earnings after the close today (SeekingAlpha)
Mar-05-25 06:00PM	Companhia Energética de Minas Gerais CEMIG (CIG): Among the Best Value Penny Stocks to Invest In Now (Insider Monkey)
Nov-18-24 08:03PM	Cia Energetica DE Minas Gerais - Cemig (CIG) Q3 2024 Earnings Call Highlights: Record EBITDA ... (GuruFocus.com)
Nov-06-24 09:06AM	Is Companhia Energética de Minas Gerais CEMIG (CIG) the Best Fundamentally Strong Penny Stock to Invest In? (Insider Monkey)
Oct-13-24 01:59PM	Companhia Energetica Minas Gerais (CIG): Among the Most Profitable Penny Stocks to Invest In (Insider Monkey)
Oct-11-24 06:29AM	CEMIG Reports Strong Growth in Q2 2024 (TipRanks)
Oct-10-24 09:40AM	Is Comp En De Mn Cemig (CIG) Stock Undervalued Right Now? (Zacks)
Oct-09-24 06:33PM	Cia Energetica DE Minas Gerais - Cemig (CIG) Q2 2024 Earnings Call Highlights: Strong Financial ... (GuruFocus.com)
Sep-27-24 09:40AM	Is Comp En De Mn Cemig (CIG) Stock Outpacing Its Utilities Peers This Year? (Zacks)
Sep-25-24 08:50AM	Why Fast-paced Mover Cemig (CIG) Is a Great Choice for Value Investors (Zacks)
Sep-24-24 09:40AM	Should Value Investors Buy Comp En De Mn Cemig (CIG) Stock? (Zacks)
02:51PM	Loading…
Sep-10-24 02:51PM	Companhia Energética de Minas Gerais CEMIG (CIG): Hedge Funds Are Bullish On This Quality Penny Stock Now (Insider Monkey)
Sep-05-24 09:40AM	Are Investors Undervaluing Comp En De Mn Cemig (CIG) Right Now? (Zacks)
09:40AM	Is Comp En De Mn Cemig (CIG) Outperforming Other Utilities Stocks This Year? (Zacks)
Sep-02-24 08:50AM	Despite Fast-paced Momentum, Cemig (CIG) Is Still a Bargain Stock (Zacks)
Aug-19-24 09:40AM	Should Value Investors Buy Comp En De Mn Cemig (CIG) Stock? (Zacks)
Aug-15-24 08:50AM	Cemig (CIG) Is Attractively Priced Despite Fast-paced Momentum (Zacks)
Aug-14-24 10:45AM	Cemig: Q2 Earnings Snapshot (Associated Press Finance) +6.93%
Aug-02-24 09:40AM	Are Investors Undervaluing Comp En De Mn Cemig (CIG) Right Now? (Zacks)
May-31-24 09:43AM	12 Most Undervalued Penny Stocks to Buy Now (Insider Monkey)
May-29-24 10:53AM	CIG Stock Earnings: Energy Co of Minas Gerais Reported Results for Q1 2024 (InvestorPlace)
May-24-24 07:16AM	Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday (InvestorPlace)
May-14-24 02:54PM	Is Companhia Energetica Minas Gerais (CIG) the Best High-Dividend Penny Stock to Buy Now? (Insider Monkey)
12:57PM	11 Best High-Dividend Penny Stocks to Buy Now (Insider Monkey)
09:38AM	Cemig: Q1 Earnings Snapshot (Associated Press Finance)
Apr-30-24 08:02PM	CEMIG Files 2023 Form 20-F (PR Newswire)
Mar-25-24 10:07AM	Companhia Energ tica de Minas Gerais (NYSE:CIG) Q4 2023 Earnings Call Transcript (Insider Monkey)
Jan-09-24 04:50PM	Has Comp En De Mn Cemig (CIG) Outpaced Other Utilities Stocks This Year? (Zacks)
Dec-24-23 05:34PM	15 Undervalued Defensive Stocks For 2024 (Insider Monkey)
Dec-22-23 05:06AM	Cia Energetica DE Minas Gerais - Cemig's Dividend Analysis (GuruFocus.com)
Dec-14-23 12:45PM	3 Reasons Growth Investors Will Love Cemig (CIG) (Zacks)
Nov-28-23 12:45PM	Here is Why Growth Investors Should Buy Cemig (CIG) Now (Zacks)
Nov-19-23 07:11AM	16 Most Profitable Penny Stocks Now (Insider Monkey)
Nov-17-23 09:32AM	20 Most Valuable Brazilian Companies Heading into 2024 (Insider Monkey)
Nov-14-23 12:39PM	Companhia Energética de Minas Gerais (NYSE:CIG) Q3 2023 Earnings Call Transcript (Insider Monkey)
Oct-16-23 09:40AM	Should Value Investors Buy Comp En De Mn Cemig (CIG) Stock? (Zacks)
Sep-29-23 08:18AM	3 Must-Buy Stocks Under $10 With High Dividend Yield (Zacks)
07:05AM	Unveiling Cia Energetica DE Minas Gerais - Cemig's Dividend Prowess: A Comprehensive Analysis (GuruFocus.com)
Sep-22-23 12:45PM	Looking for a Growth Stock? 3 Reasons Why Cemig (CIG) is a Solid Choice (Zacks)
09:40AM	Are Investors Undervaluing Comp En De Mn Cemig (CIG) Right Now? (Zacks)
Sep-13-23 03:47PM	Cemig: Q2 Earnings Snapshot (Associated Press Finance)
Aug-30-23 09:49AM	Sunrun upgraded, Texas Instruments downgraded: Wall Street's top analyst calls (The Fly)
Aug-08-23 07:18AM	Companhia Energética de Minas Gerais (NYSE:CIG) Q2 2023 Earnings Call Transcript (Insider Monkey)
May-16-23 06:14PM	CEMIG FILES 20-F FORM (PR Newswire)
Dec-12-22 10:06AM	CEMIG Geração e Transmissão S.A. Announces Early Tender Date Results of its Cash Tender Offer for its 9.250% Senior Notes due 2024 (PR Newswire) -6.22%
Nov-19-22 03:04PM	7 Utility Stocks to Buy Heading Into December 2022 (InvestorPlace)
Nov-10-22 11:35AM	7 Stocks Under $50 to Buy and Hold Forever (InvestorPlace) -9.26%
Nov-07-22 08:12AM	Stocks On The Rise: 12 Best To Buy Now (Insider Monkey) -5.56%
Oct-24-22 03:48PM	16 Best Penny Stocks To Buy Now (Insider Monkey)
Oct-03-22 12:38PM	Why Petrobras and Other Brazilian Stocks Are Rocking Today (Motley Fool) +15.84%
Aug-17-22 07:30AM	Companhia Energetica de Minas Gerais (CIG) Q2 2022 Earnings Call Transcript (Motley Fool)
Jul-12-22 01:03PM	7 Top-Rated Penny Stocks to Buy Despite the Downturn (InvestorPlace)
May-18-22 03:00AM	Companhia Energetica de Minas Gerais (CIG) Q1 2022 Earnings Call Transcript (Motley Fool)
May-06-22 12:12PM	6 A-Rated Penny Stocks to Buy In May (InvestorPlace)
Mar-30-22 08:30PM	Companhia Energetica de Minas Gerais (CIG) Q4 2021 Earnings Call Transcript (Motley Fool)
Feb-10-22 10:49AM	Cemig Distribuicao S.A. -- Moody's announces completion of a periodic review of ratings of Companhia Energetica de Minas Gerais - CEMIG (Moody's)
09:53AM	Companhia Energetica de Minas Gerais - CEMIG -- Moody's announces completion of a periodic review of ratings of Companhia Energetica de Minas Gerais - CEMIG (Moody's)
Feb-07-22 01:38PM	Harel Insurance Investments & Financial Services L Buys WisdomTree Emerging Markets ... (GuruFocus.com)
01:38PM	Polunin Capital Partners Ltd Buys Alibaba Group Holding, Buenaventura Mining Co Inc, Iamgold Corp (GuruFocus.com)
Nov-23-21 07:03AM	10 Stock Picks of Nathaniel Augusts Mangrove Partners (Insider Monkey)
Nov-13-21 03:00AM	Companhia Energetica de Minas Gerais (CIG) Q3 2021 Earnings Call Transcript (Motley Fool)
Aug-19-21 02:00AM	Companhia Energetica de Minas Gerais (CIG) Q2 2021 Earnings Call Transcript (Motley Fool)
Jun-22-21 02:00PM	EVs and gas-powered cars need to 'coexist:' Hitachi America CEO (Yahoo Finance)
Apr-28-21 11:41AM	UPDATE 2-Brazil's Cemig plans gas distribution IPO, new investments and divestments (Reuters) +7.92%
Mar-31-21 03:30AM	Companhia Energetica de Minas Gerais (CIG) Q4 2020 Earnings Call Transcript (Motley Fool)
Jan-20-21 06:26AM	3G Billionaire-Backed Lights Stock Offering Raises $504 Million (Bloomberg)
Dec-09-20 09:43PM	Is CIG A Good Stock To Buy Now? (Insider Monkey) +5.06%
Nov-16-20 09:45AM	Cia Energetica De Minas Gerais - ADR - Level II to Host Earnings Call (ACCESSWIRE)
Oct-17-20 05:14AM	Cemig Distribuicao S.A. -- Moody's upgrades CEMIG and its subsidiaries to Ba3/A1.br; outlook positive (Moody's)
Aug-18-20 01:01AM	Companhia Energetica de Minas Gerais (CIG) Q2 2020 Earnings Call Transcript (Motley Fool)
Jul-22-20 04:46PM	Brazilian power firm Cemig suspends five-year financial guidance (Reuters) +9.38%
Jul-08-20 03:44PM	Here is What Hedge Funds Think About Companhia Energetica Minas Gerais (CIG) (Insider Monkey)
May-18-20 07:30PM	Comp En De Mn Cemig ADS (CIG) Q1 2020 Earnings Call Transcript (Motley Fool) +8.28%
May-04-20 03:54PM	Brazilian power firm Cemig plans voluntary buyouts -document (Reuters)
Apr-13-20 12:11PM	5 Utilities Trading With Low Price-Earnings Ratios (GuruFocus.com)
Apr-06-20 10:05PM	Are Hedge Funds Going To Get Burned By Companhia Energetica de Minas Gerais (CIG)? (Insider Monkey) +6.76%
Apr-03-20 12:23PM	Brazil power distributors call on government to shore up sector in pandemic (Reuters) -6.33%
Mar-24-20 02:02PM	Brazil power cos related to Cemig, Votorantim Energia claim force majeure (Reuters) +7.05%
Mar-02-20 06:14AM	What You Must Know About Camarico Investment Group Ltd.'s (CSE:CIG) Beta Value (Simply Wall St.)
Dec-17-19 12:55PM	11 Foreign Stocks With The Lowest Earnings Multiples (Benzinga)
Dec-16-19 06:01AM	Is Companhia Energetica de Minas Gerais (CIG) Going To Burn These Hedge Funds ? (Insider Monkey)

Show Previous News

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Ferreira de Souza Aloisio Maca	Director	Apr 06 '26	Sale	2.49	1,550	3,860	6,450	May 05 01:14 PM

Companhia Energetica de Minas Gerais SA engages in the generation, transmission, distribution and sale of electricity, gas distribution, telecommunications and the provision of energy solutions. It operates through the following segments: Generation and Sale, Transmission, Distribution, Gas, and Other Businesses. The Generation and Sale segment engages in the generation of electricity through hydroelectric plants, thermoelectric plants and wind farms. The Transmission segment engages in the electric power transmission business, which consists of transporting electric power from the facilities where it broadcasted to the distribution networks for delivery to final users. The Distribution segment engages in the supply electricity to consumers in the state of Minas Gerais. The Other Businesses segment engages in the telecommunications, national and international energy solutions, and exploitation of natural gas. The company was founded by Juscelino Kubitschek de Oliveira on May 22, 1952 and is headquartered in Belo Horizonte, Brazil.

CEO & Member of Executive BoardMr. Alexandre Ramos Peixoto

VP of Finance & Investor Relations and Member of Executive BoardMs. Andrea Marques de Almeida

Chief Distribution Officer & Member of Executive BoardMr. Marney Tadeu Antunes

VP of GenerationMr. Marco da Camino Ancona Lopez Soligo

VP of Trading & Member of Executive BoardMr. Sergio Lopes Cabral

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Cia Energetica DE Minas Gerais - Cemig ADR

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