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Energy of Minas Gerais Co (CIG)

NYSE
Currency in USD
Disclaimer
1.955
-0.035(-1.76%)
Real-time Data
CIG Scorecard
Full Analysis
Trading at a low P/E ratio relative to near-term earnings growth
High dividend Yield
Fair Value
Day's Range
1.9501.960
52 wk Range
1.6232.190
Prev. Close
1.99
Open
1.96
Day's Range
1.95-1.96
52 wk Range
1.623-2.19
Volume
24,590
Average Volume (3m)
1,723,302
1-Year Change
6.46%
Book Value / Share
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Fair Value
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Fair Value Upside
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CIG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
2.200
Upside
+12.532%
Members' Sentiments
Bearish
Bullish
ProTips
Valuation implies a strong free cash flow yield
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Energy of Minas Gerais Co Company Profile

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.

Sector
Utilities
Employees
4918

Compare CIG to Peers and Sector

Metrics to compare
CIG
Peers
Sector
Relationship
P/E Ratio
5.8x8.8x12.3x
PEG Ratio
0.410.200.02
Price/Book
1.3x1.4x1.3x
Price / LTM Sales
0.9x0.9x1.7x
Upside (Analyst Target)
10.6%16.8%14.3%
Fair Value Upside
Unlock0.5%1.9%Unlock

FAQ

What Is the Energy of Minas Gerais (CIG) Stock Price Today?

The Energy of Minas Gerais stock price today is 1.955

What Stock Exchange Does Energy of Minas Gerais Trade On?

Energy of Minas Gerais is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Energy of Minas Gerais?

The stock symbol for Energy of Minas Gerais is "CIG."

Does Energy of Minas Gerais Pay Dividends? What’s The Current Dividend Yield?

The dividend yield is 10.23%.

What Is the Energy of Minas Gerais Market Cap?

As of today, Energy of Minas Gerais market cap is 6.19B.

What is Energy of Minas Gerais Earnings Per Share?

The Energy of Minas Gerais EPS is 2.08.

What Is the Next Energy of Minas Gerais Earnings Date?

Energy of Minas Gerais will release its next earnings report on 12 Nov 2024.
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