Companhia Energetica de Minas Gerais CEMIG Pref ADR

$1.90
(as of Jun 13, 3:59 PM EST)

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Ticker Information for Companhia Energetica de Minas Gerais CEMIG Pref ADR

Stock Price
$1.90
Ticker Symbol
CIG
Exchange
NYSE

Industry Information for Companhia Energetica de Minas Gerais CEMIG Pref ADR

Sector
Utilities
Industry
Utilities - Diversified

Company Description for Companhia Energetica de Minas Gerais CEMIG Pref ADR

Website
https://www.cemig.com.br
Country
USA
Full Time Employees
5,028

Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2023, the company operated 57 hydro plants with a total capacity of 5,010.4 MW, 9 wind farms with a total capacity of 175.7 MW, and 2 photovoltaic power stations with a total capacity of 3.9 MW; 344,006 miles of distribution lines; and 4,653 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; sale and trading of energy; construction, implementation, operation and maintenance of electricity transmission; marketing and intermediation of energy-related business; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

Fundamentals for Companhia Energetica de Minas Gerais CEMIG Pref ADR

Market Capitalization
$6,151,027,712
EBITDA
$9,290,428,416
Dividends per Share
$1.31
P/E Ratio
4.2
Forward P/E Ratio
8.99
Earnings per Share
$0.44
Earnings per Share Estimate Next Year
Profit Margin
17.25%
Shares Outstanding
1,904,080,000
Percent Owned by Insiders
0.00%
Percent Owned by Institutions
8.39%
52-Week High
52-Week Low

Technical Indicators for Companhia Energetica de Minas Gerais CEMIG Pref ADR

50-Day Moving Average
200-Day Moving Average
RSI
60.03
ATR
0.05

Analyst Ratings for Companhia Energetica de Minas Gerais CEMIG Pref ADR

Strong Buy
0
Buy
0
Hold
1
Sell
2
Strong Sell
0

News About Companhia Energetica de Minas Gerais CEMIG Pref ADR

Jun 7, 2025, 5:24 AM EST
The following are today's upgrades for Validea's Contrarian Investor model based on the published strategy of David Dreman. See more.
Jun 3, 2025, 9:40 AM EST
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. See more.
May 1, 2025, 7:00 AM EST
BELO HORIZONTE, Brazil, May 1, 2025 /PRNewswire/ -- A COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG ("CEMIG") (NYSE: CIG), (NYSE: CIG.C), (B3: CMIG3), (B3: CMIG4) - a publicly held company with shares traded on the stock exchanges of São Paulo, New York and Madrid, hereby informs the Brazilian Securities and Exchange Commission (CVM), B3 S.A. – Brasil, Bolsa, Balcão ("B3") and the market in general that it has filed on April 30, 2025, Form 20-F for the 2024 fiscal year ("2024 Form 20-F") with the U.S. See more.
Mar 22, 2025, 3:01 AM EST
EBITDA: BRL11.3 billion, a 32% increase from the previous year. See more.