Companhia Energética de Minas Gerais
Companhia Energética de Minas Gerais, commonly known as CEMIG, is a company operating in the Utilities sector. Established in 1952 and headquartered in Belo Horizonte, Brazil, the company plays a comprehensive role in the Brazilian energy landscape. Its business model covers the production, transmission, distribution,…
Company description based on the data provider's company data, AI-assisted, created on 16/10/2026. Not investment advice.
1D
-2.6%
1W
-6.8%
1M
+2.4%
6M
-9.1%
YTD
+30.8%
1Y
+33.3%
2Y
+37.1%
5Y
+63.5%
10Y
+128.2%
Next earnings date
12/11/2026 (in 26 days)
Volatility around earnings
~1% stronger price swings than usual
Pattern detected by the Market Jury detector vdouble-bottom-top-v1.0 on 15/10/26. Not a buy or sell signal.Beta
What does this mean?
Double bottom
BullishThe price bounced off a similar low twice, with a rally in between. This W-shaped pattern is a classic reversal signal from a downtrend into an uptrend.
Chart patterns are a purely technical signal derived from price action. At Market Jury they do not feed into the agents' buy or sell decisions, they are supplementary information only.
0
STRONG BUY
3
BUY
1
HOLD
0
SELL
0
STRONG SELL
4
TOTAL · Buy
As of: 19/09/2023
P/E
10.97
P/B
1.73
EV/EBITDA
10.71
RETURN ON EQUITY
3.2%
NET MARGIN
8.5%
DEBT/EQUITY
0.78
DIVIDEND YIELD
5.1%
AS OF
30/06/2026
FREE FLOAT
83.0%
FLOAT SHARES
2,373,078,656
AVG. DAILY VOLUME (30D)
3,331
Ferreira de Souza Aloisio Macario
Companhia Energética de Minas Gerais is a company in the Utilities sector, Regulated Electric industry, headquartered in Brazil.
The CEO is Reynaldo Passanezi Filho, the company employs around 5,320 people.
The IPO was on 12/06/2007; the stock trades on NYSE under the ticker CIG-C.
4 analysts rate the stock, the consensus is Buy (as of 19/09/2023).
This is an external assessment, not a statement by Market Jury.
The next earnings date is 12/11/2026.
Around past earnings, price swings were roughly 1% stronger than usual.
Yes. The last dividend was US$0.01 per share.
The dividend yield is 5.1% (as of 30/06/2026).
Comparable stocks include NextEra Energy, Southern Company, Duke Energy, American Electric Power Company, Dominion Energy, Entergy, Xcel Energy and Exelon.
Clicking "Analyze stock" lets five strategies assess Companhia Energética de Minas Gerais against fixed, published rules and judge it bullish, neutral or bearish. The jury states where it disagrees. A free account starts with 5 credits, a quick check costs 1 credit, a full analysis 2 credits.
Not investment advice. Past performance is not an indicator of future results.