CIG Company Profile and Key Details

Q: Who are the executives of CIG?

Leonardo Felipe MesquitaAccounting Mang.Luiz Fernando de Medeiros MoreiraDeputy Director of Compliance, Corporation Risks & Internal ControlsMr. Leonardo George de MagalhãesChief Officer for Fin. & Investor Relations and Member of Executive BoardDaniel Perrelli LancaDeputy Director of Compliance, Corporation Risks & Internal ControlsMr. Paulo Eduardo Pereira GuimarãesHead of Corporation Fin.Thadeu Carneiro da SilvaChief Generation & Transmission Officer & Member of Executive BoardHenrique Motta PintoRegulatory & Legal DirectorClaudio Costa BianchiniDeputy Director of Corporation Communication & SustainabilityMr. Dimas CostaChief Trading Officer & Member of Executive BoardMr. Reynaldo Passanezi FilhoChief Executive Officer, Pres & Member of Executive BoardMr. Marco Da Camino Ancona Lopez SoligoExecutive Director of CemigPar & Member of Exec. BoardMr. Marney Tadeu AntunesChief Distribution Officer & Member of Executive BoardMr. Thadeu Carneiro da SilvaChief Generation & Transmission Officer & Member of Executive BoardMr. Henrique Motta PintoChief Counsel & Chief Officer of Regulation, Regulatory & Legal Director & Member of Executive Board

NYSE : CIG

Companhia Energética de Minas Gerais

$2.47

0.04+1.65%

At Close 4:00 PM

69.49

BESG ScoreESG Rating

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

Companhia Energética de Minas Gerais (CIG) stock surged +1.65%, trading at $2.47 on NYSE, up from the previous close of $2.43. The stock opened at $2.41, fluctuating between $2.40 and $2.49 in the recent session.

Stock Snapshot

2.43

Prev. Close

7.07B

Market Cap

2.395

Day Low

7.48

P/E Ratio

0.33

EPS (TTM)

1.44

Cash Flow per Share

2.41

Open

2.86B

Number of Shares

2.49

Day High

100%

Free Float in %

10.36

Book Value

7.38M

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
Apr 02, 2026	2.40	2.49	2.40	2.47	7.53M
Apr 01, 2026	2.44	2.44	2.40	2.43	5.01M
Mar 31, 2026	2.37	2.41	2.34	2.39	11.38M
Mar 30, 2026	2.36	2.36	2.31	2.33	6.12M
Mar 27, 2026	2.35	2.41	2.35	2.35	4.46M
Mar 25, 2026	2.38	2.43	2.37	2.40	8.9M
Mar 24, 2026	2.30	2.35	2.29	2.33	11.13M
Mar 23, 2026	2.34	2.38	2.31	2.35	9.91M
Mar 20, 2026	2.30	2.37	2.25	2.26	11.88M
Mar 19, 2026	2.20	2.33	2.20	2.30	11.13M
Mar 18, 2026	2.27	2.30	2.25	2.26	6.62M
Mar 17, 2026	2.29	2.32	2.27	2.27	6.35M
Mar 16, 2026	2.25	2.29	2.24	2.28	6.16M
Mar 13, 2026	2.28	2.28	2.19	2.20	10.56M
Mar 12, 2026	2.24	2.26	2.21	2.22	10.19M
Mar 11, 2026	2.30	2.34	2.27	2.29	9.18M
Mar 10, 2026	2.26	2.33	2.25	2.29	8.14M
Mar 09, 2026	2.19	2.27	2.19	2.25	8.89M
Mar 06, 2026	2.15	2.21	2.15	2.19	6.39M
Mar 03, 2026	2.17	2.21	2.12	2.18	7.02M

Contact Details

Belo Horizonte, MG 30190-131

Brazil

https://www.cemig.com.br 553 135 065024

About Company

Companhia Energ�tica de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; 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.

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Company Overview

Companhia Energética de Minas Gerais (NYSE:CIG) closed at $2.47 USD, gaining $0.04 (1.65%) from the previous close of $2.43. The stock is currently trading near its 52-week high $1.59 and $2.49. With a market capitalization of about $7.07 billion, Companhia Energética de Minas Gerais is classified as a mid-cap and shows lower-than-market volatility (beta ~0.24). Key stats such as the average daily volume over the past year has been around 6.13 million shares, in line with its 52-week average. Headquartered in Belo Horizonte, MG, Companhia Energética de Minas Gerais operates in the Utilities sector and the Diversified Utilities industry. Led by CEO Reynaldo Passanezi Filho, the company employs approximately 5,028 people and listed since November 18, 1996. Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil.

Technical Performance

CIG has shown mixed momentum, gaining 2.01% over the past week and 1.5% over the past quarter, though year-to-date performance is up 1.5%. Short-term trend indicators are bearishly aligned (SMA20 6.23%, SMA50 12.0%, SMA200 17.9%). The stock’s 14-day RSI is 67.14 (firm momentum), while the ATR of 0.06 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -1.66% below its high and over 49.06% above its low. Average 10-day trading volume of 7.79 million shares is slightly above the 3-month average of 6.02 million, indicating heightened recent market interest.

Valuation Metrics

Companhia Energética de Minas Gerais trades at a P/E ratio of 7.39, slightly below the S&P 500 average, with a price-to-sales ratio of 0.85 and a price-to-book ratio of 1.27 suggesting the stock is closer to book value. The P/FCF stands at 20.86, also above market averages.

Dividend & Fair Value

Companhia Energética de Minas Gerais last paid a dividend of 0.26 per share, this equals a trailing yield of roughly 69.98%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $31.36. This means the shares are trading below this model’s fair value.

Earnings & Analyst Outlook

Companhia Energética de Minas Gerais generated EPS of $0.25 over the past year. Five-year average earnings growth is 11.17%. Wall Street analysts project EPS growth of -20.17% annually over the next five years. The latest quarter delivered EPS of $0.07. The next quarter is forecast at $0.05. Next year's EPS is expected at -$8.31. Companhia Energética de Minas Gerais earnings surprise history is a consistent trend of beating forecasts. The quarter that ended November 19, 2025, missed forecasts by 0.0%. The prior quarter beat by -21.5%. Over the last six quarters, Apple has recorded several small beats. These include 0.71% in March 19, 2025.

Shareholding & Insider Activity

Companhia Energética de Minas Gerais has 1.90 billion shares outstanding. The public float is 2.37 billion shares, elevated short interest at 0.31% of float. This equals 5.16 million shares. The short ratio is 2.17 days. Institutional investors hold 8.15% of the float. Insiders own 0.0%.

Financial & Profitability Overview

Over the trailing twelve months, Companhia Energética de Minas Gerais generated $36.85B in revenue, or $16.75 per share. Gross margin was 20.65%, operating margin 18.05%, and net profit margin 15.64%. Returns are exceptional, with ROA at 10.48% and ROE at 25.29%.
On valuation metrics, Companhia Energética de Minas Gerais trades at a P/E of 7.39, P/S of 0.85 and P/B of 1.27. The current ratio is 1.00 and quick ratio is 1.00. Operationally, the company’s inventory turnover is 0.00 and cash conversion cycle is 51.29 days. Debt-to-equity is 0.70, supported by a cash flow-to-debt ratio of 0.21.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, Companhia Energética de Minas Gerais posted revenue of $36.85B, down slightly from $34.46B in the prior quarter. Gross profit was $7.61B (margin 20.65%). Operating income was $6.65B (margin 18.1%). Net income was$5.76B (EPS $2.62).
The company ended the quarter with $2.31B in cash and short-term investments, a total debt of $10.26B, and net debt of $8.73B. Total assets were $55.00B, with equity of $22.80B. Financials further reflected stability, with operating cash flow of $6.64B, free cash flow of $5.38B, and capital expenditures of - $1.26B.

Price Forecast & Outlook

Our AI price prediction model suggests that Companhia Energética de Minas Gerais stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 2.02%, with price expected at $2.52 by April 16, 2026, within a range of $2.46 to $2.58 3-Month Outlook: Projected rise of 41.7%, reaching $3.50 by July 01, 2026, with a range of $3.44 to $3.57. 1-Year Outlook: Projected gain of 977.73%, with price at $26.62 by April 02, 2027, within a range of $26.92 to $27.91.

Key Takeaways

Companhia Energética de Minas Gerais (NYSE:CIG) shares are flat 1.5% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Companhia Energética de Minas Gerais trading at a premium to the broader market with a P/E of 7.39. Analyst sentiment is cautious, with the majority of ratings in Buy territory and a mean price target of $11.95, suggesting 383.81% upside. Our AI forecast model points to short-term strength (2.02% over two weeks), a medium-term rise (41.7% over three months), and a longer-term gain (977.73% over one year), with expected trading ranges indicating moderate volatility.

Frequently Asked Questions

What is the current Companhia Energética de Minas Gerais (CIG) stock price?

Companhia Energética de Minas Gerais (NYSE: CIG) stock price is $2.47 in the last trading session. During the trading session, CIG stock reached the peak price of $2.49 while $2.40 was the lowest point it dropped to. The percentage change in CIG stock occurred in the recent session was 1.65% while the dollar amount for the price change in CIG stock was $0.04.

CIG's industry and sector of operation?

The NYSE listed CIG is part of Diversified Utilities industry that operates in the broader Utilities sector. Companhia Energética de Minas Gerais designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of CIG?

Leonardo Felipe Mesquita
Accounting Mang.
Luiz Fernando de Medeiros Moreira
Deputy Director of Compliance, Corporation Risks & Internal Controls
Mr. Leonardo George de Magalhães
Chief Officer for Fin. & Investor Relations and Member of Executive Board
Daniel Perrelli Lanca
Deputy Director of Compliance, Corporation Risks & Internal Controls
Mr. Paulo Eduardo Pereira Guimarães
Head of Corporation Fin.
Thadeu Carneiro da Silva
Chief Generation & Transmission Officer & Member of Executive Board
Henrique Motta Pinto
Regulatory & Legal Director
Claudio Costa Bianchini
Deputy Director of Corporation Communication & Sustainability
Mr. Dimas Costa
Chief Trading Officer & Member of Executive Board
Mr. Reynaldo Passanezi Filho
Chief Executive Officer, Pres & Member of Executive Board
Mr. Marco Da Camino Ancona Lopez Soligo
Executive Director of CemigPar & Member of Exec. Board
Mr. Marney Tadeu Antunes
Chief Distribution Officer & Member of Executive Board
Mr. Thadeu Carneiro da Silva
Chief Generation & Transmission Officer & Member of Executive Board
Mr. Henrique Motta Pinto
Chief Counsel & Chief Officer of Regulation, Regulatory & Legal Director & Member of Executive Board

How CIG did perform over past 52-week?

CIG's closing price is 55.35% higher than its 52-week low of $1.59 where as its distance from 52-week high of $2.49 is -0.8%.

How many employees does CIG have?

Number of CIG employees currently stands at 5,028.

Link for CIG official website?

Official Website of CIG is: https://www.cemig.com.br

How do I contact CIG?

CIG could be contacted at phone 553 135 065024 and can also be accessed through its website. CIG operates from Avenida Barbacena, 1200, Belo Horizonte, MG 30190-131, Brazil.

How many shares of CIG are traded daily?

CIG stock volume for the day was 7.38M shares. The average number of CIG shares traded daily for last 3 months was 6.13M.

What is the market cap of CIG currently?

The market value of CIG currently stands at $7.07B with its latest stock price at $2.47 and 2.86B of its shares outstanding.

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Employees	5028
Beta	0.31
Sales or Revenue	$36.85B
5Y Sales Change%	0.653%
Fiscal Year Ends	December
Sector	Utilities
Industry	Diversified Utilities

CIG Company Profile and Key Details

Companhia Energética de Minas Gerais

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Technical Performance

Valuation Metrics

Dividend & Fair Value

Earnings & Analyst Outlook

Shareholding & Insider Activity

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Technical Performance

Dividend & Fair Value

Company Overview

Earnings & Analyst Outlook

Shareholding & Insider Activity

Valuation Metrics

Price Forecast & Outlook

Key Takeaways

Financial & Profitability Overview

Quarterly Financial Highlights