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Energy Company of Minas Gerais ADR CIG Stock Quote

| Rating as of

NYSE: CIG

Last close prices updated as of May 26, 2023, 7:47 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 2.37
  • Sector Utilities
  • Industry Utilities - Diversified
  • Investment Style Large Value
  • Day Range 2.30  –  2.38
  • Year Range 1.82  –  2.62
  • Market Cap 5.2152 Bil
  • Volume / Avg 5.5 Mil /  3.8 Mil
  • Price / Sales 0.75
  • Price / Book 1.19
  • Forward Div Yield 5.85%
  • Trailing Div Yield 10.23%

Morningstar‘s Stock Analysis CIG

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

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Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

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Key Statistics CIG

Company Profile CIG

Business Description

Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across most Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. The company generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.

Contact
Avenida Barbacena, 1200
Belo Horizonte, MG, 30190-131, BRA
Industry Utilities - Diversified
Employees 5,053

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of CIG’s competitive advantage.

Energy Company of Minas Gerais ADR

XNYS: CIG

Enel Americas SA

XSGO: ENELAM

Cia Paranaense De Energia Copel

BVMF: CPLE3
Price
2.37107.50
Currency
USDCLP
Change
+$0.02 (0.85%) +$0.50 (0.47%)
Market Cap
5.22 Bil11.53 Tril
Industry
Utilities - Diversified Utilities - Regulated Electric Utilities - Diversified
Sector
Utilities
Utilities
Utilities

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Energy Company of Minas Gerais ADR Stock

Yes. CIG has a forward dividend yield of 5.85%. See CIG’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

CIG’s market cap is 5.22 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

CIG’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

CIG’s price/sales is 0.78.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

CIG’s price/forward earnings is 6.58.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

CIG’s price/book is 1.27.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See CIG’s valuation ratios compared to the Market Index.

CIG’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare CIG’s historical performance against its industry peers and the overall market.