CIG - Companhia Energética de Minas Gerais

NYSE - NYSE Delayed Price. Currency in USD
3.6900
-0.1300 (-3.40%)
At close: 4:02PM EDT

3.7233 +0.03 (0.90%)
After hours: 4:26PM EDT

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Previous Close3.8200
Open3.8000
Bid3.3800 x 40700
Ask3.6800 x 34100
Day's Range3.6550 - 3.8300
52 Week Range1.5600 - 4.0200
Volume3,176,421
Avg. Volume3,766,887
Market Cap5.69B
Beta (3Y Monthly)-1.66
PE Ratio (TTM)17.32
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.15 (3.96%)
Ex-Dividend Date2019-05-06
1y Target EstN/A
Trade prices are not sourced from all markets
  • Moody's2 months ago

    Companhia Energetica de Minas Gerais - CEMIG -- Moody's announces completion of a periodic review of ratings of Companhia Energetica de Minas Gerais - CEMIG

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Companhia Energetica de Minas Gerais - CEMIG and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Here is What Hedge Funds Think About Companhia Energética de Minas Gerais (CIG)
    Insider Monkey2 months ago

    Here is What Hedge Funds Think About Companhia Energética de Minas Gerais (CIG)

    Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]

  • Reuters2 months ago

    EMERGING MARKETS-Latam FX hit by strong dollar, stocks drop

    Latin America currencies softened on Thursday against a dollar boosted by strong U.S. economic data, while Latin American stocks slid along with their global peers, with equities in Argentina and Brazil ...

  • Reuters2 months ago

    Minas Gerais governor says privatizations could raise up to $2.4 bln

    The privatization of assets in the Brazilian state of Minas Gerais could raise up to 9 billion reais ($2.35 billion), which will help plug the state’s 12 billion reais deficit but not eliminate it, Governor Romeu Zema said on Thursday. The sale of electricity company Companhia Energetica de Minas Gerais could raise 3-4 billion reais and the sale of sanitation company Copasa MG 5 billion reais, Zema told a conference in New York.

  • Reuters2 months ago

    Police raid Brazil power company Cemig in corruption probe

    Brazilian police raided the headquarters of the state-controlled power company Companhia Energetica de Minas Gerais, known as Cemig, on Thursday, according to a police statement. The police said they were ...

  • Reuters2 months ago

    Police raid headquarters of Brazilian state-controlled power co Cemig -source

    Brazilian police and the country's revenue service raided the headquarters of the state-controlled power company Companhia Energetica de Minas Gerais on Thursday, according to a source with knowledge of ...

  • Do Hedge Funds Love Companhia Energetica Minas Gerais (CIG)?
    Insider Monkey6 months ago

    Do Hedge Funds Love Companhia Energetica Minas Gerais (CIG)?

    Hedge funds and other investment firms run by legendary investors like Israel Englander and Ray Dalio are entrusted to manage billions of dollars of accredited investors’ money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to invest a […]

  • Moody's8 months ago

    Cemig Geracao e Transmissao S.A. -- Moody's upgrades CEMIG and its subsidiaries to B1/Baa2.br; outlook stable

    Moody's America Latina ("Moody's") has upgraded the corporate family ratings (CFR) of Companhia Energetica de Minas Gerais - CEMIG (CEMIG) to B1/Baa2.br from B2/Ba1.br respectively in global and national scale, concluding the review for upgrade that was initiated in September 06 2018. The ratings upgrade reflects Moody's updated views on CEMIG's baseline credit assessment (BCA) and upgrade to b1 from b2. Concomitantly, Moody's upgraded the global and national scale issuer, senior unsecured, and senior secured ratings assigned to Cemig Distribuicao S.A. (CEMIG D) and Cemig Geracao e Transmissao S.A. (CEMIG GT) to B1/Baa2.br from B2/Ba1.br.

  • Companhia Energetica (CIG) in Focus: Stock Moves 6.5% Higher
    Zacks9 months ago

    Companhia Energetica (CIG) in Focus: Stock Moves 6.5% Higher

    Companhia Energetica (CIG) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

  • Why Companhia Energetica, Companhia de Saneamento Basico, and Petrobras Stocks All Popped Today
    Motley Fool9 months ago

    Why Companhia Energetica, Companhia de Saneamento Basico, and Petrobras Stocks All Popped Today

    Investors are upbeat facing the upcoming Brazilian presidential election.

  • Reuters9 months ago

    Brazil regulators approve American Tower purchase of Cemig assets

    Brazilian competition authorities have approved American Tower Corp's acquisition of telecommunications assets owned by Cia Energetica de Minas Gerais SA, the government's official bulletin said on Wednesday. ...

  • Moody's10 months ago

    Cemig Distribuicao S.A. -- Moody's upgrades CEMIG and its subsidiaries to B2/Ba1.br; ratings placed under review for upgrade

    Moody's America Latina ("Moody's") has upgraded the corporate family ratings (CFR) of Companhia Energetica de Minas Gerais - CEMIG (CEMIG) to B2/Ba1.br from B3/B2.br respectively in global and national scale. The ratings upgrade reflects Moody's updated views on CEMIG's baseline credit assessment (BCA) and upgrade to b2 from caa1. Concomitantly, Moody's upgraded the global and national scale issuer, senior unsecured, and senior secured ratings assigned to Cemig Distribuicao S.A. (CEMIG D) and Cemig Geracao e Transmissao S.A. (CEMIG GT) to B2/Ba1.br from B3/B2.br.

  • American Tower Expands in Brazil, Wins Bid for Cemig Assets
    Zacks11 months ago

    American Tower Expands in Brazil, Wins Bid for Cemig Assets

    American Tower's (AMT) purchase of telecom assets will enable it to grow in the Brazilian market. The company is anticipated to have paid a premium of more than 70% for the buyout.

  • Reuters11 months ago

    American Tower, Algar buy telecom assets of Brazil's Cemig

    American Tower Corp and unlisted Brazilian operator Algar Telecom SA on Wednesday purchased the broadband network of Cia Energetica de Minas Gerais SA, known as Cemig, potentially spurring more dealmaking ...

  • TheStreet.com11 months ago

    Closing Bell: LIVE MARKETS BLOG

    Meanwhile, the Nasdaq closed the session at its high point and the S&P 500 rose for just the second time in six sessions. The Dow fell 0.03%, or 7 points to 25,326, while the S&P 500 rose 0.49%, or 14 points to 2,827, and the Nasdaq gained 1.24%, or 95 points to 7,802. shares are down 2% Thursday afternoon after the company reported second-quarter revenue that missed analyst expectations.

  • America Movil says AT&T-Time Warner deal will not change Latam market
    Reuters11 months ago

    America Movil says AT&T-Time Warner deal will not change Latam market

    The CEO of America Movil, Latin America's largest telecommunications company by subscriber numbers, said on Wednesday that AT&T Inc's acquisition of Time Warner will do little to change the telecoms landscape in the region. U.S. telecoms company AT&T closed its deal to buy media company Time Warner for $85 billion last month. "I don't think it's going to affect the market in Latin America," America Movil Chief Executive Daniel Hajj said on a call discussing the company's second-quarter results.