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Energy of Minas Gerais Co

CIG
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2.190USD
+0.030+1.38%
Close 07-31 16:00ETQuotes delayed by 15 min
2.09BMarket Cap
7.09P/E TTM

Energy of Minas Gerais Co

2.190
+0.030+1.38%
View Detailed Chart
TradingKey Chart
Intraday
1m
30m
1h
D
W
M
D

Today

+1.38%

5 Days

+2.82%

1 Month

+4.29%

6 Months

+1.86%

Year to Date

+9.50%

1 Year

+20.99%

Key Figures
2.170Open
2.200High
3.78MVolume
7.09P/E TTM
4.45P/E Dynamic
0.214Dividend TTM
0.40%Turnover Ratio
2.170Prev. Close
2.160Low
3.71MTurnover
1.59P/E Static
0.38P/B
9.75%Div Yield TTM
7.26%ROA
2.76052wk High
0.64Volume Ratio
1.32BNet Profit
956.60MShares
0.3091EPS TTM
0.78Beta
16.89%ROE
1.79052wk Low
1.84%Amplitude
17.03%Gross Margin
2.09BMarket Cap
2.38Reward/Risk
1.40%Risk Rate

Key Insights

Energy of Minas Gerais Co's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 36 out of 63 in the Electric Utilities & IPPs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 2.14.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Energy of Minas Gerais Co's Score

Industry at a Glance

Industry Ranking
36 / 63
Overall Ranking
188 / 4281
Industry
Electric Utilities & IPPs

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Neutral

Energy of Minas Gerais Co Highlights

StrengthsRisks
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.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 60.34%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 60.34%.
Overvalued
The company’s latest PE is 7.09, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 151.18M shares, decreasing 13.41% quarter-over-quarter.
Held by Richard Pzena
Star Investor Richard Pzena holds 102.87M shares of this stock.

Analyst Rating

Based on 4 analysts
Hold
Current Rating
2.137
Target Price
+0.79%
Upside Space

Energy of Minas Gerais Co News

More news coming soon, stay tuned...

Earnings Forecast

Analyst Rating

Based on 4 analysts
Hold
Current Rating
2.137
Target Price
+0.79%
Upside Space
Strong Buy
Buy
Hold
Sell
Strong Sell

Peer Comparison

54
Total
12
Median
12
Average
Company name
Ratings
Analysts
Energy of Minas Gerais Co
CIG
4
Entergy Corp
ETR
26
Southern Co
SO
25
American Electric Power Company Inc
AEP
25
Nextera Energy Inc
NEE
25
Constellation Energy Corp
CEG
23
1
2
3
...
11

Indicators

Indicators
Sell(1)
Neutral(1)
Buy(5)
Indicators
Value
Direction
MACD(12,26,9)
0.008
Buy
RSI(14)
55.061
Neutral
STOCH(KDJ)(9,3,3)
60.701
Buy
ATR(14)
0.047
Low Volatility
CCI(14)
109.006
Buy
Williams %R
21.053
Buy
TRIX(12,20)
0.101
Sell
StochRSI(14)
100.000
Buy
Moving Average
Sell(2)
Neutral(0)
Buy(4)
Indicators
Value
Direction
MA5
2.162
Buy
MA10
2.162
Buy
MA20
2.148
Buy
MA50
2.129
Buy
MA100
2.284
Sell
MA200
2.195
Sell

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Energy of Minas Gerais Co Info

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.
Ticker SymbolCIG
CompanyEnergy of Minas Gerais Co
CEOFilho (Reynaldo Passanezi)
Websitehttps://www.cemig.com.br/

Shareholders

Shareholders
Shareholders
Proportion
Goldman Sachs Asset Management, L.P.
0.84%
State Street Investment Management (US)
0.75%
Vanguard Capital Management, LLC
0.55%
BlackRock Asset Management Canada Limited
0.49%
TSP Capital Management Group, LLC
0.48%
Other
96.89%

FAQs

What is the current price of Energy of Minas Gerais Co (CIG)?

The current price of Energy of Minas Gerais Co (CIG) is 2.19.

What is the symbol of Energy of Minas Gerais Co?

The ticker symbol of Energy of Minas Gerais Co is CIG.

What is the 52-week high of Energy of Minas Gerais Co?

The 52-week high of Energy of Minas Gerais Co is 2.76.

What is the 52-week low of Energy of Minas Gerais Co?

The 52-week low of Energy of Minas Gerais Co is 1.79.

What is the market capitalization of Energy of Minas Gerais Co?

The market capitalization of Energy of Minas Gerais Co is 2.09B.

Is Energy of Minas Gerais Co (CIG) currently rated as Buy, Hold, or Sell?

According to analysts, Energy of Minas Gerais Co (CIG) has an overall rating of signal_hold, with a price target of 2.14.

What is the Earnings Per Share (EPS TTM) of Energy of Minas Gerais Co (CIG)?

The Earnings Per Share (EPS TTM) of Energy of Minas Gerais Co (CIG) is 0.31.
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