U.S. markets open in 7 hours 21 minutes

Companhia Energética de Minas Gerais (CIG)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
2.1200-0.1200 (-5.36%)
At close: 4:00PM EDT
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bearishpattern detected
MACD

MACD

Previous Close2.2400
Open2.2200
Bid0.0000 x 1800
Ask0.0000 x 45100
Day's Range2.1100 - 2.2300
52 Week Range1.2800 - 2.9800
Volume9,349,861
Avg. Volume11,928,453
Market Cap3.954B
Beta (5Y Monthly)0.76
PE Ratio (TTM)6.54
EPS (TTM)0.3240
Earnings DateN/A
Forward Dividend & Yield0.22 (9.69%)
Ex-Dividend DateMay 03, 2021
1y Target Est2.90
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Undervalued
60% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Reuters

    UPDATE 2-Brazil's Cemig plans gas distribution IPO, new investments and divestments

    Brazilian power utility Cemig is planning an initial public offering of its gas distribution unit, as well as a raft of investments through 2025 and several divestments, executives said on Wednesday, as shares rose almost 4% on the news. Cemig also said it is planning 22.5 billion reais ($4.16 billion) in investments through 2025, with the largest expenditure reserved for improving its distribution network, as well as 4.5 billion reais to invest in wind and solar generation projects that will add 1 gigawatt in capacity. As part of its divestment drive, the company, formally Cia Energetica de Minas Gerais SA, also plans to sell its stake in Alianca Energia, a joint power generation venture with Brazilian mining company Vale SA, the executives said.

  • Companhia Energetica de Minas Gerais (CIG) Q4 2020 Earnings Call Transcript
    Motley Fool

    Companhia Energetica de Minas Gerais (CIG) Q4 2020 Earnings Call Transcript

    To start the presentation, I would like to turn the floor to our investor relations, and IR officer, Leonardo de Magalhaes. Thank you very much for being with us in this conference call for the results of 2020, specifically, and also the fourth quarter of 2020.

  • Is CIG A Good Stock To Buy Now?
    Insider Monkey

    Is CIG A Good Stock To Buy Now?

    At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]