Cia Energetica DE Minas Gerais - Cemig (CIG)
| Market Cap | 6.25B |
| Revenue (ttm) | 7.57B |
| Net Income (ttm) | 1.18B |
| Shares Out | 2.39B |
| EPS (ttm) | 0.51 |
| PE Ratio | 5.12 |
| Forward PE | 5.27 |
| Dividend | $0.28 (10.88%) |
| Ex-Dividend Date | May 2, 2024 |
| Volume | 371,765 |
| Open | 2.600 |
| Previous Close | 2.610 |
| Day's Range | 2.575 - 2.610 |
| 52-Week Range | 2.110 - 2.750 |
| Beta | 0.78 |
| Analysts | Buy |
| Price Target | 2.75 (+5.57%) |
| Earnings Date | May 10, 2024 |
About CIG
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, 2022, the company operated 69 hydroelectric, wind, and solar plants with an installed capacity of 5,519 MW; 351,163 miles of distribution lines; and 4,580 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 cyber... [Read more]
Financial Performance
In 2023, CIG's revenue was 36.85 billion, an increase of 6.93% compared to the previous year's 34.46 billion. Earnings were 5.76 billion, an increase of 40.86%.
Financial numbers in BRL Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for CIG stock is "Buy." The 12-month stock price forecast is $2.75, which is an increase of 5.57% from the latest price.
News
CEMIG Files 2023 Form 20-F
BELO HORIZONTE, Brazil , April 30, 2024 /PRNewswire/ -- A COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG ("CEMIG") (NYSE: CIG), (NYSE: CIG.C), (B3: CMIG3), (B3: CMIG4), a publicly held company with shar...
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