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How to buy Companhia Energetica de Minas Gerais CEMIG Pref ADR stock (CIG)

Buy Companhia Energetica de Minas Gerais CEMIG Pref ADR stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Companhia Energetica de Minas Gerais CEMIG Pref ADR is an utilities - diversified business based in the US. Companhia Energetica de Minas Gerais CEMIG Pref ADR shares (CIG) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $2.07 – the same closing value as a week prior. Companhia Energetica de Minas Gerais CEMIG Pref ADR employs 4,918 staff and has a trailing 12-month revenue of around $37.9 billion.

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Companhia Energetica de Minas Gerais CEMIG Pref ADR stock price (NYSE: CIG)

Use our graph to track the performance of CIG stocks over time.

Companhia Energetica de Minas Gerais CEMIG Pref ADR shares at a glance

Information last updated 2024-11-13.
Latest market close$2.07
52-week range$1.38 - $2.13
50-day moving average $2.01
200-day moving average $1.92
Wall St. target price$2.10
PE ratio 5.3611
Dividend yield $1.092 (6.2%)
Earnings per share (TTM) $0.36

Is it a good time to buy Companhia Energetica de Minas Gerais CEMIG Pref ADR stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Companhia Energetica de Minas Gerais CEMIG Pref ADR price performance over time

Historical closes compared with the close of $2.04 from 2024-11-19

1 week (2024-11-14) -1.45%
1 month (2024-10-22) 6.25%
3 months (2024-08-22) -3.32%
6 months (2024-05-22) -20.31%
1 year (2023-11-21) -20.31%
2 years (2022-11-21) 64.04%
3 years (2021-11-22) 119.71%
5 years (2019-11-22) 180.80%

Is Companhia Energetica de Minas Gerais CEMIG Pref ADR stock undervalued or overvalued?

Valuing Companhia Energetica de Minas Gerais CEMIG Pref ADR stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Companhia Energetica de Minas Gerais CEMIG Pref ADR's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Companhia Energetica de Minas Gerais CEMIG Pref ADR's P/E ratio

Companhia Energetica de Minas Gerais CEMIG Pref ADR's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Companhia Energetica de Minas Gerais CEMIG Pref ADR shares trade at around 5x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Companhia Energetica de Minas Gerais CEMIG Pref ADR's EBITDA

Companhia Energetica de Minas Gerais CEMIG Pref ADR's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $8.7 billion.

The EBITDA is a measure of a Companhia Energetica de Minas Gerais CEMIG Pref ADR's overall financial performance and is widely used to measure a its profitability.

Companhia Energetica de Minas Gerais CEMIG Pref ADR financials

Revenue TTM $37.9 billion
Operating margin TTM 21.17%
Gross profit TTM $5.3 billion
Return on assets TTM 8.38%
Return on equity TTM 23.72%
Profit margin 15.74%
Book value $9.32
Market Capitalization $6.3 billion

TTM: trailing 12 months

Companhia Energetica de Minas Gerais CEMIG Pref ADR share dividends

51%

Dividend payout ratio: 50.87% of net profits

Recently Companhia Energetica de Minas Gerais CEMIG Pref ADR has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Companhia Energetica de Minas Gerais CEMIG Pref ADR shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Companhia Energetica de Minas Gerais CEMIG Pref ADR's case, that would currently equate to about $1.092 per share.

Companhia Energetica de Minas Gerais CEMIG Pref ADR's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Companhia Energetica de Minas Gerais CEMIG Pref ADR's most recent dividend payout was on 8 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 29 September 2024 (the "ex-dividend date").

Have Companhia Energetica de Minas Gerais CEMIG Pref ADR's shares ever split?

Companhia Energetica de Minas Gerais CEMIG Pref ADR's shares were split on a 13:10 basis on 23 May 2024 . So if you had owned 10 shares the day before before the split, the next day you'd have owned 13 shares. This wouldn't directly have changed the overall worth of your Companhia Energetica de Minas Gerais CEMIG Pref ADR shares – just the quantity. However, indirectly, the new 23.1% lower share price could have impacted the market appetite for Companhia Energetica de Minas Gerais CEMIG Pref ADR shares which in turn could have impacted Companhia Energetica de Minas Gerais CEMIG Pref ADR's share price.

Companhia Energetica de Minas Gerais CEMIG Pref ADR share price volatility

Over the last 12 months, Companhia Energetica de Minas Gerais CEMIG Pref ADR's shares have ranged in value from as little as $1.3822 up to $2.13. A popular way to gauge a stock's volatility is its "beta".

CIG.US volatility(beta: 0.82)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Companhia Energetica de Minas Gerais CEMIG Pref ADR's is 0.822. This would suggest that Companhia Energetica de Minas Gerais CEMIG Pref ADR's shares are less volatile than average (for this exchange).

Companhia Energetica de Minas Gerais CEMIG Pref ADR overview

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.

Frequently asked questions

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What percentage of Companhia Energetica de Minas Gerais CEMIG Pref ADR is owned by institutions?
Currently 9.137% of Companhia Energetica de Minas Gerais CEMIG Pref ADR shares are held by institutions.
How many people work for Companhia Energetica de Minas Gerais CEMIG Pref ADR?
Latest data suggests 4,918 work at Companhia Energetica de Minas Gerais CEMIG Pref ADR.
When does the fiscal year end for Companhia Energetica de Minas Gerais CEMIG Pref ADR?
Companhia Energetica de Minas Gerais CEMIG Pref ADR's fiscal year ends in December.
Where is Companhia Energetica de Minas Gerais CEMIG Pref ADR based?
Companhia Energetica de Minas Gerais CEMIG Pref ADR's address is: Avenida Barbacena, 1200, Belo Horizonte, MG, Brazil, 30190-131
What is Companhia Energetica de Minas Gerais CEMIG Pref ADR's ISIN number?
Companhia Energetica de Minas Gerais CEMIG Pref ADR's international securities identification number is: US2044096012
What is Companhia Energetica de Minas Gerais CEMIG Pref ADR's CUSIP number?
Companhia Energetica de Minas Gerais CEMIG Pref ADR's Committee on Uniform Securities Identification Procedures number is: 204409601

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