CMIG3 Stock Overview
Through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
Companhia Energética de Minas Gerais - CEMIG Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$14.56 |
| 52 Week High | R$15.99 |
| 52 Week Low | R$10.08 |
| Beta | 0.82 |
| 11 Month Change | 2.82% |
| 3 Month Change | 0.97% |
| 1 Year Change | 22.04% |
| 33 Year Change | 40.85% |
| 5 Year Change | 95.11% |
| Change since IPO | 907.84% |
Recent News & Updates
Recent updates
Shareholder Returns
| CMIG3 | BR Electric Utilities | BR Market | |
|---|---|---|---|
| 7D | -6.2% | -1.4% | -0.8% |
| 1Y | 22.0% | -5.1% | -2.9% |
Return vs Industry: CMIG3 exceeded the BR Electric Utilities industry which returned -5.1% over the past year.
Return vs Market: CMIG3 exceeded the BR Market which returned -2.9% over the past year.
Price Volatility
| CMIG3 volatility | |
|---|---|
| CMIG3 Average Weekly Movement | 4.0% |
| Electric Utilities Industry Average Movement | 2.8% |
| Market Average Movement | 4.4% |
| 10% most volatile stocks in BR Market | 8.2% |
| 10% least volatile stocks in BR Market | 2.3% |
Stable Share Price: CMIG3 has not had significant price volatility in the past 3 months compared to the BR market.
Volatility Over Time: CMIG3's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1952 | 4,918 | Reynaldo Filho | www.cemig.com.br |
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.
Companhia Energética de Minas Gerais - CEMIG Fundamentals Summary
| CMIG3 fundamental statistics | |
|---|---|
| Market cap | R$36.24b |
| Earnings (TTM) | R$8.01b |
| Revenue (TTM) | R$38.60b |
4.2x
P/E Ratio0.9x
P/S RatioIs CMIG3 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CMIG3 income statement (TTM) | |
|---|---|
| Revenue | R$38.60b |
| Cost of Revenue | R$31.89b |
| Gross Profit | R$6.71b |
| Other Expenses | -R$1.29b |
| Earnings | R$8.01b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.80 |
| Gross Margin | 17.39% |
| Net Profit Margin | 20.74% |
| Debt/Equity Ratio | 50.4% |
How did CMIG3 perform over the long term?
See historical performance and comparisonDividends
9.3%
Current Dividend Yield39%
Payout RatioDoes CMIG3 pay a reliable dividends?
See CMIG3 dividend history and benchmarks| Companhia Energética de Minas Gerais - CEMIG dividend dates | |
|---|---|
| Ex Dividend Date | Jun 26 2023 |
| Dividend Pay Date | Dec 30 2024 |
| Days until Ex dividend | 516 days |
| Days until Dividend pay date | 37 days |
Does CMIG3 pay a reliable dividends?
See CMIG3 dividend history and benchmarks