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Energy of Minas Gerais Co DRC (CIGc)

NYSE
Currency in USD
Disclaimer
2.580
-0.050(-1.90%)
Closed
After Hours
2.610+0.030(+1.163%)
CIGc Scorecard
Full Analysis
Trading at a low P/E ratio relative to near-term earnings growth
High dividend Yield
Fair Value
Day's Range
2.5802.650
52 wk Range
1.9923.212
Prev. Close
2.63
Open
2.65
Day's Range
2.58-2.65
52 wk Range
1.992-3.212
Volume
1,008
Average Vol. (3m)
4,674
1-Year Change
-19.38%
Book Value / Share
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Fair Value
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Fair Value Upside
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CIGc Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
2.200
Downside
-14.729%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low earnings multiple
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Energy of Minas Gerais Co DRC Company Profile

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.

Sector
Utilities
Employees
4918

Compare CIGc to Peers and Sector

Metrics to compare
CIGc
Peers
Sector
Relationship
P/E Ratio
6.1x8.9x11.7x
PEG Ratio
0.440.220.02
Price / Book
1.4x1.4x1.3x
Price / LTM Sales
1.0x1.0x1.6x
Upside (Analyst Target)
-16.4%15.1%
Fair Value Upside
Unlock0.4%2.2%Unlock

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FAQ

What Is the Energy of Minas Gerais DRC (CIGc) Stock Price Today?

The Energy of Minas Gerais DRC stock price today is 2.58

What Stock Exchange Does Energy of Minas Gerais DRC Trade On?

Energy of Minas Gerais DRC is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Energy of Minas Gerais DRC?

The stock symbol for Energy of Minas Gerais DRC is "CIGc."

Does Energy of Minas Gerais DRC Pay Dividends? What’s The Current Dividend Yield?

The dividend yield is 8.91%.

What Is the Energy of Minas Gerais DRC Market Cap?

As of today, Energy of Minas Gerais DRC market cap is 6.64B.

What is Energy of Minas Gerais DRC Earnings Per Share?

The Energy of Minas Gerais DRC EPS is 2.08.

What Is the Next Energy of Minas Gerais DRC Earnings Date?

Energy of Minas Gerais DRC will release its next earnings report on Nov 13, 2024.
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