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CIG Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
2.445
Open
2.440
VWAP
2.43
Vol
5.17M
Mkt Cap
6.84B
Low
2.400
Amount
12.52M
EV/EBITDA(TTM)
7.04
Total Shares
2.86B
EV
57.03B
EV/OCF(TTM)
13.99
P/S(TTM)
0.84
Energy of Minas Gerais Co is a Brazil-based holding company. The Company operates in several states in Brazil, through numerous subsidiaries. However, the Company's operations are primarily centralized in the state of Minas Gerais. The main operational segment is distribution of electrical energy, followed by electric energy commercialization, gas distribution, electric energy generation, and electric energy transmission. Constituted to operate in the commercialization of electric power and as holding company, with interests in subsidiaries or jointly controlled entities, whose objectives are: construction and operation of systems for generation, transformation, transmission, distribution and sale of energy, and also activities in the various fields of energy sector, including gas distribution, provision of distributed generation services and energy efficiency solutions, for the purpose of commercial operation.
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Events Timeline

(ET)
2025-11-17
12:55:41
Copasa Engages BTG to Assess Privatization, According to Pipeline Reports
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link

News

Yahoo Finance
9.5
03-20Yahoo Finance
Cemig Reports Strong EBITDA Amid Challenges
  • Strong Financial Performance: Cemig reported a recurring EBITDA of 7.3 billion BRL, showcasing robust financial health despite market challenges, maintaining profitability in a competitive landscape.
  • Credit Rating Upgrade: The company achieved an upgrade to AAA by Moody's, reflecting significant improvement in credit quality, which provides favorable conditions for future financing and enhances investor confidence.
  • Innovative Investment Plan: Cemig plans to invest 6.6 billion BRL in 2025, focusing on regulated sectors to ensure profitability while driving long-term growth strategies for the company.
  • Market Challenges Evident: Despite strong financial results, the energy market saw a 1.4% decline due to client migration to the base network, indicating intensified market competition and potential financial pressures.
seekingalpha
9.5
03-20seekingalpha
CEMIG Reports Strong Q4 Recurring EBITDA and Net Profit
  • Strong Financial Performance: CEMIG reported a recurring EBITDA of R$1.8 billion in Q4, demonstrating robust operational capabilities in the electricity market, which further solidifies its leadership position in Brazil's energy sector.
  • Net Profit Growth: The company achieved a recurring net profit of R$1.02 billion, significantly increasing compared to the previous year, reflecting effective cost control and revenue growth strategies that enhance investor confidence.
  • Positive Market Ratings: According to Seeking Alpha's Quant Rating, CEMIG is rated as a strong buy, indicating optimistic market expectations for its future growth potential, which may attract more investor interest.
  • Historical Performance Review: CEMIG's historical financial data shows consistent strong performance over the past few quarters, providing a solid financial foundation for future expansion and investment opportunities.
seekingalpha
9.5
03-18seekingalpha
CEMIG to Announce Q4 Earnings on March 19
  • Earnings Announcement Date: Companhia Energética de Minas Gerais (CEMIG) is set to release its Q4 2023 earnings before the market opens on March 19, generating significant interest that could impact stock performance.
  • Earnings Expectations: The consensus EPS estimate stands at $0.05, indicating cautious optimism among investors regarding the company's profitability; exceeding this estimate could bolster investor confidence.
  • Revenue Expectations: CEMIG's consensus revenue estimate is $1.75 billion, and achieving or surpassing this target would enhance the company's competitive position in the energy market, potentially attracting more investor interest.
  • Market Analysis: According to Seeking Alpha's Quant Rating, CEMIG's historical financial data and dividend scorecard reflect stability in the energy sector, suggesting potential for attracting long-term investors despite market fluctuations.
seekingalpha
9.5
01-16seekingalpha
Utility Companies Face Negative EPS Revisions: CIG and Others at the Bottom
  • EPS Revision Overview: As earnings season approaches, analysts have shown a negative trend in earnings revisions for utility companies, with Companhia Energética de Minas Gerais (CIG) receiving an FM grade, indicating declining market confidence in its near-term performance.
  • Bottom-Ranked Companies: Middlesex Water (MSEX), ReNew Energy Global (RNW), and UGI (UGI) all received F grades, reflecting analysts' pessimistic outlook on their profitability, which could adversely affect their stock performance.
  • Other Affected Firms: Chesapeake Utilities (CPK), Enel Chile (ENIC), and Pampa Energía (PAM) also face D grades, suggesting that their earnings expectations have not met market forecasts, potentially leading to diminished investor confidence.
  • Market Outlook Analysis: In the context of the 2026 market rotation, investors should monitor the performance of these utility companies to avoid potential risks in future investment decisions.
Newsfilter
8.5
2025-12-30Newsfilter
CI GAM Confirms 2025 Reinvested Capital Gains Distributions
  • Reinvestment Distribution Confirmation: CI GAM confirms the reinvested capital gains distributions for 2025 across multiple ETFs, expected to be reinvested on December 31, 2025, ensuring that the number of units held by investors remains unchanged, thereby protecting long-term investor interests.
  • Tax Implications Explained: Although the reinvested distributions will not be paid in cash, investors holding units will need to report taxable amounts, and the adjusted cost base of their investments will increase, impacting their tax planning and future returns.
  • Distribution Amount Details: For instance, the CI Galaxy Blockchain Index ETF has a confirmed capital gains distribution of $10.80 per unit, with a distribution rate of 25.12%, indicating strong performance in the digital asset space, which may attract more investor interest.
  • Market Reaction Expectations: This confirmation of reinvested distributions replaces previous estimates and is expected to enhance investor confidence in CI GAM, potentially leading to positive impacts on the market performance of its ETFs and further solidifying its position in the investment management industry.
Newsfilter
8.0
2025-12-12Newsfilter
CI GAM Announces Cash Distributions for December 2025
  • Cash Distribution Announcement: CI GAM has announced cash distributions to be paid on or before December 31, 2025, to unitholders of record on December 23, 2025, highlighting the company's commitment to investor returns.
  • Distribution Amount Details: For instance, the CI Canadian Equity Index ETF will distribute $0.1733 per unit, while the CI Balanced Growth Asset Allocation ETF will distribute $0.0822 per unit, reflecting the company's ability to generate stable returns across a diversified portfolio.
  • Investor Support Measures: CI GAM offers a Distribution Reinvestment Plan (DRIP) that allows investors to automatically reinvest cash distributions into the respective ETFs, thereby enhancing the potential for long-term returns for investors.
  • Market Positioning: As one of Canada's leading investment management firms, CI GAM is dedicated to providing a comprehensive suite of investment solutions, serving over 1.3 million investors, which further solidifies its competitive position in the market.
Wall Street analysts forecast CIG stock price to rise
1 Analyst Rating
Wall Street analysts forecast CIG stock price to rise
0 Buy
0 Hold
1 Sell
Moderate Sell
Current: 0.000
sliders
Low
1.90
Averages
1.90
High
1.90
Current: 0.000
sliders
Low
1.90
Averages
1.90
High
1.90
No data

No data

Valuation Metrics

The current forward P/E ratio for Energy of Minas Gerais Co (CIG.N) is 9.21, compared to its 5-year average forward P/E of 7.03. For a more detailed relative valuation and DCF analysis to assess Energy of Minas Gerais Co's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
7.03
Current PE
9.21
Overvalued PE
8.56
Undervalued PE
5.51

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
5.46
Current EV/EBITDA
3.92
Overvalued EV/EBITDA
6.19
Undervalued EV/EBITDA
4.73

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.84
Current PS
0.18
Overvalued PS
1.01
Undervalued PS
0.67

Financials

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Whales Holding CIG

B
BNDES Participações S.A. - BNDESPAR
Holding
CIG
+40.83%
3M Return
B
BB Gestão de Recursos - Distribuidora de Títulos e Valores Mobiliários S.A.
Holding
CIG
+21.71%
3M Return
C
Caixa Econômica Federal
Holding
CIG
+8.55%
3M Return
B
Bradesco Asset Management S.A. Distribuidora de Títulos e Valores Mobiliários
Holding
CIG
+1.59%
3M Return

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Frequently Asked Questions

What is Energy of Minas Gerais Co (CIG) stock price today?

The current price of CIG is 2.43 USD — it has increased 1.67

What is Energy of Minas Gerais Co (CIG)'s business?

Energy of Minas Gerais Co is a Brazil-based holding company. The Company operates in several states in Brazil, through numerous subsidiaries. However, the Company's operations are primarily centralized in the state of Minas Gerais. The main operational segment is distribution of electrical energy, followed by electric energy commercialization, gas distribution, electric energy generation, and electric energy transmission. Constituted to operate in the commercialization of electric power and as holding company, with interests in subsidiaries or jointly controlled entities, whose objectives are: construction and operation of systems for generation, transformation, transmission, distribution and sale of energy, and also activities in the various fields of energy sector, including gas distribution, provision of distributed generation services and energy efficiency solutions, for the purpose of commercial operation.

What is the price predicton of CIG Stock?

Wall Street analysts forecast CIG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CIG is1.90 USD with a low forecast of 1.90 USD and a high forecast of 1.90 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Energy of Minas Gerais Co (CIG)'s revenue for the last quarter?

Energy of Minas Gerais Co revenue for the last quarter amounts to 2.13B USD, increased 11.27

What is Energy of Minas Gerais Co (CIG)'s earnings per share (EPS) for the last quarter?

Energy of Minas Gerais Co. EPS for the last quarter amounts to 0.12 USD, increased 100.00

How many employees does Energy of Minas Gerais Co (CIG). have?

Energy of Minas Gerais Co (CIG) has 5320 emplpoyees as of April 02 2026.

What is Energy of Minas Gerais Co (CIG) market cap?

Today CIG has the market capitalization of 6.84B USD.