ELET6.SA - Centrais Elétricas Brasileiras S.A. - Eletrobras

Sao Paolo - Sao Paolo Delayed Price. Currency in BRL
34.47
+0.90 (+2.68%)
At close: 5:07PM BRT
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Previous Close33.57
Open33.80
Bid34.45 x 0
Ask34.79 x 0
Day's Range33.55 - 35.10
52 Week Range13.31 - 42.47
Volume1,989,300
Avg. Volume2,616,943
Market Cap44.048B
Beta (3Y Monthly)2.28
PE Ratio (TTM)3.56
EPS (TTM)9.69
Earnings DateMar 25, 2016 - Mar 29, 2016
Forward Dividend & Yield1.39 (3.68%)
Ex-Dividend Date2019-04-30
1y Target Est28.48
  • Were Hedge Funds Right About Flocking Into Centrais Elétricas Brasileiras S.A. – Eletrobras (EBR) ?
    Insider Monkey9 days ago

    Were Hedge Funds Right About Flocking Into Centrais Elétricas Brasileiras S.A. – Eletrobras (EBR) ?

    Hedge funds run by legendary names like George Soros and David Tepper make billions of dollars a year for themselves and their super-rich accredited investors (you’ve got to have a minimum of $1 million liquid to invest in a hedge fund) by spending enormous resources on analyzing and uncovering data about small-cap stocks that the […]

  • Thomson Reuters StreetEvents10 days ago

    Edited Transcript of ELET6.SA earnings conference call or presentation 28-Mar-19 5:00pm GMT

    Q4 2018 Centrais Eletricas Brasileiras SA Earnings Call

  • Reuters20 days ago

    Brazil ex-President Temer hit with new corruption charges -prosecutor

    Brazilian former President Michel Temer was hit with more graft charges on Friday, just a day after being charged in a separate corruption case, according to federal prosecutors. Temer, who left the presidency at the end of 2018, was arrested last week as part of an investigation into kickbacks on a nuclear plant's construction contract involving the Brazilian subsidiary of Swedish consulting firm AF Poyry, along with engineering firms Engevix and Argeplan. Temer has since been released and denies wrongdoing.

  • Reuters21 days ago

    Brazil's Eletrobras reports hefty profit, boosted by privatizations

    Brazilian state-run electricity company Eletrobras on Thursday reported a fourth-quarter profit of 12.07 billion reais ($3.02 billion), a sharp turnaround from the year before, thanks in part to the sale of money-losing subsidiaries and the reversal of impairments. The quarterly performance of Centrais Eletricas Brasileiras SA, as the company is formally known, marks a strong improvement over the same period in 2017, when the firm posted a loss of 3.9 billion reais. Throughout 2018, the Eletrobras privatized six distribution subsidiaries in northern and northeastern Brazil.

  • Reuters2 months ago

    Brazil's Eletrobras privatization plan could be ready by June -minister

    A plan to transfer to private investors a controlling stake at Latin America's largest power firm, Brazil's Eletrobras, could be ready as soon as June, Energy Minister Bento Albuquerque said on Wednesday. Albuquerque said the Brazilian government wants to discuss the plan in detail with lawmakers before it sends the proposal for a vote in the Congress. The privatization likely will happen through a capitalization plan in which new shares would be offered to investors in a process that would dilute the largest shareholder, the Brazilian government, to such a level that it will no longer hold a controlling stake.

  • Reuters2 months ago

    Brazil wants Eletrobras capitalization plan ready by June -minister

    Brazilian Mines and Energy Minister Bento Albuquerque told journalists on Wednesday he plans to have a plan to capitalize state-run electricity company Centrais Elétricas Brasileiras SA, known as Eletrobras, ...

  • Reuters2 months ago

    Brazil's Petrobras Distribuidora gets profit boost from Eletrobras privatizations

    Petrobras Distribuidora SA, the distribution unit of Brazilian state-run oil firm Petroleo Brasileiro SA, posted a major boost in quarterly net profit on Tuesday thanks to the effective payment of debts it was owed. In a securities filing, the firm posted a fourth-quarter net profit of 1.605 billion reais ($427 million), up some 202.3 percent from the same period a year before and well above the mean estimate of 613 million reais calculated by Refinitiv. In the filing, the firm, which went public in December 2017, said that much of the net profit boost could be attributed to the effective payments of debts that it was owed via the privatization of Centrais Eletricas de Rondonia, Boa Vista Energia and Eletroacre.

  • Reuters2 months ago

    EMERGING MARKETS-Latam FX weak, Brazil's real drops ahead of pension reform plans

    Latin American currencies weakened against the U.S. dollar on Monday, with Brazil's real underperforming its peers ahead of anticipated pension reforms to be presented to congress later this week. The ...

  • Reuters2 months ago

    Brazil sanitation privatizations could follow model of Eletrobras distributors

    Brazil's Economy Minister Paulo Guedes said on Friday that the model used to privatize six distributors owned by Centrais Eletricas Brasileiras is an example to be followed in the future, such as in the ...

  • Reuters3 months ago

    Brazil hydroelectric plant pauses operations after Vale disaster

    Brazil's Retiro Baixo hydroelectric plant has suspended operations to preserve its equipment but the dam is safe, state-owned Eletrobras said, after last week's deadly disaster at a mining dam owned by Vale. Vale's Brumadinho tailings dam, used to store the muddy detritus from mining, collapsed on Friday, killing at least 84 in one of Brazil's largest industrial accidents on record. The Retiro Baixo plant in Minas Gerais, which has 82 megawatts (MW) capacity, is owned Eletrobras subsidiary Furnas and by state mining company Cemig.

  • Reuters3 months ago

    Brazil government aims to sell at least $20 billion in assets this year

    Brazilian President Jair Bolsonaro's government wants to sell at least $20 billion in assets of state-owned companies this year including parts of Petrobras and Banco do Brasil, the country's secretary of privatization said on Tuesday. Salim Mattar said the government wants state-controlled oil company Petroleo Brasileiro SA and lenders Banco do Brasil SA and Caixa Economica Federal to sell most of their subsidiaries within four years.

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of ELET6.SA earnings conference call or presentation 13-Nov-18 4:30pm GMT

    Q3 2018 Centrais Eletricas Brasileiras SA Earnings Call

  • CNBC3 months ago

    UPDATE 1-Eletrobras CEO says capital raise needed, format undetermined

    Brazil's new government will support state-run utility Centrais Eletricas Brasileiras SA raising capital but whether that is through privatization or another format has not yet been determined, Chief Executive Wilson Ferreira said on Tuesday. Ferreira told Reuters he has begun to discuss how to capitalize Eletrobras, as the company is known, with Mines and Energy Minister Bento Albuquerque, but not yet with Economy Minister Paulo Guedes or President Jair Bolsonaro. The previous government tried that but was not able to get a bill authorizing the operation through Congress last year.

  • Why Companhia Siderurgica Nacional, SABESP, and Electrobras Stocks All Popped More Than 11% Today
    Motley Fool3 months ago

    Why Companhia Siderurgica Nacional, SABESP, and Electrobras Stocks All Popped More Than 11% Today

    Investors cheer a new President for Brazil.

  • Reuters4 months ago

    Brazil's Odebrecht to pay 161.9 million reais to Eletrobras in new leniency deal

    SAO PAULO (Reuters) - Brazilian construction conglomerate Odebrecht SA has agreed to pay 161.9 million reais (£32.8 million) to Centrais Eletricas Brasileiras SA in a deal with authorities to ...

  • Reuters4 months ago

    Brazil's Odebrecht to pay $41.7 mln to Eletrobras in new leniency deal

    Brazilian construction conglomerate Odebrecht SA has agreed to pay 161.9 million reais to Centrais Eletricas Brasileiras SA in a deal with authorities to help settle corruption allegations against it, ...

  • Reuters4 months ago

    Brazil's Equatorial Energia wins auction to buy Eletrobras distributor

    Brazil's Equatorial Energia won an auction on Friday to acquire 90 percent of an electric distributor owned by state-controlled company Eletrobras for 45 billion reais , according to a securities filing. ...

  • Reuters4 months ago

    EMERGING MARKETS-Brazilian real falls against weak dollar, Mexican peso gains slightly

    The Mexican peso edged higher against a weak dollar on Thursday, while Brazil's real touched a more than two week low as investors turned to safer assets amid a relapse in stock markets and as China-U.S. ...

  • Reuters4 months ago

    Eletrobras delays auction of Ceal energy distributor amid high interest

    The privatization auction of a unit of Brazilian state-run power holding company Centrais Eletricas Brasileiras SA was delayed to accommodate investors who needed more time to examine the unit, the company's chief executive said on Monday. Many potential buyers had requested information in the last week about the Ceal unit, said Wilson Ferreira Jr, the CEO of Eletrobras, as the company is known. The successful sale of Ceal would mark Eletrobras' complete exit from electricity distribution, having already sold off five other subsidiaries in the segment, which together had accumulated billions of dollars in losses over decades.

  • Reuters4 months ago

    Eletrobras CEO says Ceal auction delayed to increase potential buyers

    The privatization auction of a unit of Brazilian state-run power holding company Centrais Eletricas Brasileiras SA was delayed to accommodate investors who needed more time to examine the unit, an executive said on Monday. Many potential buyers had in the last week been requesting information about Ceal, as the unit is known, the CEO of Eletrobras, as the company is known, Wilson Ferreira Jr., said. Earlier on Monday, Eletrobras delayed the auction, without saying why.

  • Reuters4 months ago

    U.S. court approves settlement between Brazil's Eletrobras, shareholders

    A U.S. court has approved a class action settlement between Centrais Eletricas Brasileiras SA (Eletrobras) and some of its shareholders, the Brazilian state electricity company said on Thursday. Under the accord, Eletrobras will pay $14.75 million to holders of its American Depositary Shares (ADRs) as compensation for losses related to the company's involvement in a sprawling corruption scheme. The settlement had been presented to the U.S. District Court for the Southern District of New York in June and received preliminary approval in August.

  • Reuters4 months ago

    Eletrobras says unit auction to go ahead after judge strikes down injunction

    A Brazilian judge has struck down a previous decision that had halted the privatization auction of a unit of state-run electricity firm Centrais Eletricas Brasileiras SA, an executive said told Reuters on Monday, allowing the auction to go ahead. "The injunction was struck down, and we'll have an auction," said Armando Casado, the chief financial officer of Eletrobras, as the company is commonly known, without offering further details. On Friday, a judge halted the auction of Amazonas Energia, the distribution unit of Eletrobras in the interior state of Amazonas.

  • Reuters4 months ago

    Brazil's Petrobras and Eletrobras reach agreement on debt - filing

    Brazil's state-controlled Petroleo Brasileiro SA said in a securities filing on Tuesday that it has reached an agreement with Centrais Elétricas Brasileiras SA on the debt of energy companies Amazonas ...

  • Reuters5 months ago

    Deals of the day-Mergers and acquisitions

    ** Italian private broadcaster Mediaset said it had sold to Sky's Italian unit the whole of R2, a company which includes the maintenance and commercial assets carved out of its pay-TV unit Premium. ** Brazil's state-controlled power company Centrais Elétricas Brasileiras SA will hold an auction on Dec. 19 to sell its subsidiary Companhia Energética de Alagoas (CEAL), the company said in a market filing.

  • Reuters5 months ago

    Brazil supreme court justice clears sale of power co Ceal- document

    Brazilian Supreme Court Justice Ricardo Lewandowski has overturned an injunction that blocked the sale of power distributor Ceal, according to a document reviewed by Reuters. State-controlled power holding ...