CIG icon

CEMIG Preferred Shares

2.08 USD
+0.04
1.96%
At close Updated Sep 15, 4:00 PM EDT
Pre-market
After hours
2.09
+0.01
0.48%
1 day
1.96%
5 days
2.97%
1 month
6.67%
3 months
7.77%
6 months
7.77%
Year to date
16.2%
1 year
-1.89%
5 years
89.09%
10 years
115.9%
 

About: Cia Energetica DE Minas Gerais - Cemig, formerly Energy Company of Minas Gerais, is a Brazilian power company that generates, transmits, and distributes electricity. As one of the power companies in Brazil, the firm operates across Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. The company generates power through hydroelectric resources and, secondarily, through thermal and wind resources.

Employees: 5,028

0
Funds holding %
of 7,463 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

17,400% more call options, than puts

Call options by funds: $175K | Put options by funds: $1K

60% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 15

9% more capital invested

Capital invested by funds: $258M [Q1] → $281M (+$22.4M) [Q2]

4% more funds holding

Funds holding: 166 [Q1] → 172 (+6) [Q2]

0.7% less ownership

Funds ownership: 7.65% [Q1] → 6.96% (-0.7%) [Q2]

18% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 61

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

Financial journalist opinion

Neutral
Seeking Alpha
18 days ago
Cemig: Hold For Now, But Brace For A Large Dividend Cut In 2027
Cemig faces major regulatory changes that will erode its captive market advantage, leading to significant revenue declines in key customer segments. I project a 40% revenue decrease from commercial and residential customers over two years, with gradual recovery afterward driven by other business segments. Dividend payouts are expected to compress by over 50% as non-recurring revenues fade, making future distributions reliant on core operations.
Cemig: Hold For Now, But Brace For A Large Dividend Cut In 2027
Neutral
Seeking Alpha
28 days ago
Companhia Energética de Minas Gerais - CEMIG (CIG) Q2 2025 Earnings Call Transcript
Companhia Energética de Minas Gerais - CEMIG (NYSE:CIG ) Q2 2025 Earnings Conference Call August 18, 2025 1:00 PM ET Company Participants Andrea Marques de Almeida - VP of Finance & Investor Relations and Member of Executive Board Carolina Senna - Corporate Participant Investor Relations Superintendent - Corporate Participant Reynaldo Passanezi Filho - CEO, President & Member of Executive Board Sergio Lopes Cabral - Vice President of Commercialisation and Member of Management Board Conference Call Participants Carolina Carneiro - Unidentified Company Victor Cunha - Unidentified Company Carolina Senna Investor Relations Superintendent Good afternoon, everyone. I am Carolina Senna, Superintendent of Investor Relations at Cemig.
Companhia Energética de Minas Gerais - CEMIG (CIG) Q2 2025 Earnings Call Transcript
Positive
Zacks Investment Research
2 months ago
Is Comp En De Mn Cemig (CIG) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is Comp En De Mn Cemig (CIG) Stock Undervalued Right Now?
Negative
Zacks Investment Research
2 months ago
Are Utilities Stocks Lagging Comp En De Mn Cemig (CIG) This Year?
Here is how Cemig (CIG) and MYR Group (MYRG) have performed compared to their sector so far this year.
Are Utilities Stocks Lagging Comp En De Mn Cemig (CIG) This Year?
Positive
Zacks Investment Research
2 months ago
Should Value Investors Buy Comp En De Mn Cemig (CIG) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Should Value Investors Buy Comp En De Mn Cemig (CIG) Stock?
Positive
Zacks Investment Research
3 months ago
Are Investors Undervaluing Comp En De Mn Cemig (CIG) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Are Investors Undervaluing Comp En De Mn Cemig (CIG) Right Now?
Neutral
Seeking Alpha
4 months ago
Companhia Energética de Minas Gerais - CEMIG (CIG) Q1 2025 Earnings Call Transcript
Companhia Energética de Minas Gerais - CEMIG (NYSE:CIG ) Q1 2025 Earnings Conference Call May 12, 2025 9:00 AM ET Company Participants Carolina Senna - Investor Relations Superintendent Reynaldo Passanezi Filho - Chief Executive Officer Andrea Marques de Almeida - Chief Financial Officer and Investor Relations Officer Cristiana Maria Fortini Pinto e Silva - Chief Legal Officer Marco da Camino Ancona Lopez Soligo - Chief of Generation and Transmission Officer Sergio Lopes Cabral - Chief Commercialization Officer Marney Tadeu Antunes - Chief Distribution Officer Luis Claudio Correa Villani - Chief Information Officer Conference Call Participants Victor Cunha - Itau BBA Maria Carolina Carneiro - Safra Victor Borin - Genial Investimentos Liliana Yang - HSBC Operator Good afternoon, everyone. Thank you for waiting.
Companhia Energética de Minas Gerais - CEMIG (CIG) Q1 2025 Earnings Call Transcript
Positive
Seeking Alpha
4 months ago
Stock Picks From Seeking Alpha's April 2025 New Analysts
In April, Seeking Alpha welcomed 20 new analysts. This article introduces them and showcases some of their top picks. Top picks include Palantir, Arch Capital Group, and Utah Medical Products, emphasizing an under-recognized growth driver, discounted valuation, and a substantial margin of safety. Analysts also highlighted Sell recommendations on Estée Lauder and Intuitive Surgical, citing deteriorating consumer sentiment and little price upside.
Stock Picks From Seeking Alpha's April 2025 New Analysts
Neutral
PRNewsWire
4 months ago
Cemig Files 2024 Form 20-F
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. Securities and Exchange Commission ("SEC").
Cemig Files 2024 Form 20-F
Negative
Seeking Alpha
4 months ago
Shaky Grounds: Core Market Erosion Complicates Cemig's Future
Cemig is the biggest energy distributor of Latin America. Upcoming regulatory changes will end Cemig's privileged market position, shrinking its main captive market segment and opening it up competition. Despite delivering record results, the company is already showing signs of weakness, with lower recurring revenues.
Shaky Grounds: Core Market Erosion Complicates Cemig's Future
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