Companhia Energética de Minas Gerais
Companhia Energética de Minas Gerais, trading under the ticker symbol CIG, is a Brazilian utility company operating within the Utilities sector and the Regulated Electric industry. Headquartered in Belo Horizonte, Brazil, the company was established in 1952. Its operations span the entire electricity value chain,…
Company description based on the data provider's company data, AI-assisted, created on 16/10/2026. Not investment advice.
1D
+1.3%
1W
-3.3%
1M
+7.4%
6M
-12.8%
YTD
+16.0%
1Y
+19.0%
2Y
+19.0%
5Y
+12.1%
10Y
+8.9%
Next earnings date
12/11/2026 (in 26 days)
Volatility around earnings
~3% stronger price swings than usual
PRICE TARGET LOW
US$2.10
CONSENSUS
US$2.10
MEDIAN
US$2.10
PRICE TARGET HIGH
US$2.10
0
STRONG BUY
3
BUY
2
HOLD
0
SELL
0
STRONG SELL
5
TOTAL · Buy
As of: 24/11/2023
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)
5,475,199
1 mention today in US forums, about the same as yesterdayPrice since yesterday: +1.3%
Forums (Reddit)
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 18/11/1996; the stock trades on NYSE under the ticker CIG.
5 analysts rate the stock, the consensus is Buy (as of 24/11/2023).
The average price target is US$2.10, ranging from US$2.10 to US$2.10, with a median of US$2.10.
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 3% 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.