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Energy of Minas Gerais Co

CIG
View Detailed Chart
2.285USD
+0.095+4.34%
Close 11/11, 16:00ETQuotes delayed by 15 min
2.19BMarket Cap
1.90P/E TTM

Energy of Minas Gerais Co

2.285
+0.095+4.34%
Intraday
1m
30m
1h
D
W
M
D

Today

+4.34%

5 Days

+7.28%

1 Month

+20.26%

6 Months

+20.26%

Year to Date

+29.10%

1 Year

+17.78%

View Detailed Chart

Key Insights

The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Sell. The company is performing well in the stock market, with strong fundamentals and technicals supporting the current trend. 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
33 / 67
Overall Ranking
157 / 4611
Industry
Electric Utilities & IPPs

Support & Resistance

No Data

Score Analysis

Current score
Previous score

Analyst Rating

Based on 3 analysts
Sell
Current Rating
1.937
Target Price
-10.75%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

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 Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 7.39B.
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 5.46, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 153.60M shares, decreasing 29.35% quarter-over-quarter.
Held by Richard Pzena
Star Investor Richard Pzena holds 2.01M shares of this stock.

Energy of Minas Gerais Co News

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Financial Indicators

EPS

No Data

Total revenue

No Data

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
CEODr. Reynaldo Passanezi Filho, Ph.D.
Websitehttps://www.cemig.com.br/
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