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Companhia Energética de Minas Gerais (CIG)
2.08  0.04 (1.96%)    06-09 16:00
Open: 2.07
High: 2.1
Volume: 10,552,853
  
Pre. Close: 2.04
Low: 2.05
Market Cap: 5,950(M)
Technical analysis
2026-06-09 4:43:54 PM
Short term     
Mid term     
Targets 6-month :  2.68 1-year :  2.88
Resists First :  2.29 Second :  2.46
Pivot price 2.15
Supports First :  2.02 Second :  1.68
MAs MA(5) :  2.08 MA(20) :  2.17
MA(100) :  2.25 MA(250) :  2.05
MACD MACD :  -0.1 Signal :  -0.1
%K %D K(14,3) :  9.6 D(3) :  6.7
RSI RSI(14): 35.3
52-week High :  2.7 Low :  1.71
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.
[ CIG ] has closed above bottom band by 21.8%. Bollinger Bands are 9.3% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 2.1 - 2.12 2.12 - 2.13
Low: 2.02 - 2.03 2.03 - 2.05
Close: 2.05 - 2.08 2.08 - 2.11
Company Description

Companhia Energética de Minas Gerais (CIG) is a prominent Brazilian energy company whose operations, conducted through its various subsidiaries, span the entire electricity value chain: generation, transmission, distribution, and retail. As of December 31, 2021, CIG's substantial infrastructure included 70 hydroelectric, wind, and solar power plants with a collective installed capacity of 5,700 megawatts. Its extensive network also featured 339,086 miles of distribution lines and 4,449 miles of transmission lines. Beyond its core electricity business, the company is active in the gas sector, handling the acquisition, transportation, and distribution of natural gas and its derivatives. Furthermore, CIG offers a diverse range of technology services, including cloud solutions, IT infrastructure and management, cybersecurity, and specialized systems for the operational oversight of public service concessions. Its portfolio extends to energy trading, telecommunications services, distributed generation initiatives, client account services, cogeneration projects, energy efficiency programs, and comprehensive supply and storage management. Established in 1952, Companhia Energética de Minas Gerais maintains its corporate headquarters in Belo Horizonte, Brazil.

Headline News

Tue, 09 Jun 2026
CEMIG names Ramos as new CEO, succeeding Passanezi - MSN

Tue, 09 Jun 2026
Cemig (CIG) Q1 profit hits R$979M as it buys solar DG assets - Stock Titan

Thu, 28 May 2026
CEMIG: The Recent Fall Is An Opportunity (NYSE:CIG) - Seeking Alpha

Fri, 15 May 2026
Top 3 Utilities Stocks That May Explode In May - Benzinga

Wed, 13 May 2026
Companhia Energética de Minas Gerais - CEMIG 2026 Q1 - Results - Earnings Call Presentation - Seeking Alpha

Fri, 17 Apr 2026
Cemig posts 2025 annual report online, offers free hard copies - Stock Titan

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Neutral
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Neutral
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Outperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Neutral
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Neutral
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Utilities
Industry:
Diversified Utilities
Shares Out 1,900 (M)
Shares Float 2,370 (M)
Held by Insiders 0 (%)
Held by Institutions 8 (%)
Shares Short 4 (K)
Shares Short P.Month 8 (K)
Stock Financials
EPS 0.34
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 2
Profit Margin 11.1 %
Operating Margin 12.5 %
Return on Assets (ttm) 5.9 %
Return on Equity (ttm) 17 %
Qtrly Rev. Growth 6.3 %
Gross Profit (p.s.) 2.71
Sales Per Share 22.82
EBITDA (p.s.) 4.07
Qtrly Earnings Growth -5.9 %
Operating Cash Flow 3,820 (M)
Levered Free Cash Flow -3,620 (M)
Stock Valuations
PE Ratio 6.11
PEG Ratio 0.3
Price to Book value 1.03
Price to Sales 0.09
Price to Cash Flow 1.03
Stock Dividends
Dividend 0.05
Forward Dividend 0
Dividend Yield 2.4%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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