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Companhia Energética de Minas Gerais - CEMIG (CIG)

Utilities | Utilities - Diversified | Belo Horizonte, Brazil | NYSE
2.67 USD +0.02 (0.755%) ⇧ (April 17, 2026, 11:45 a.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★☆
Hot Take | April 11, 2026, 1:26 p.m. EDT

CEMIG is currently trading near its 52-week high, with a strong dividend yield and a relatively low beta, indicating stability. However, the short-term forecast model shows minimal predicted price movement, and the options data suggests a cautious approach. For long-term investors, the dividend stability and fundamentals make it a moderate buy, while short-term traders may want to wait for more clarity on price direction.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.113669
AutoETS0.117856
AutoARIMA0.118184
AutoTheta0.130589

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 47%
H-stat 5.33
Ljung-Box p 0.000
Jarque-Bera p 0.541
Excess Kurtosis 0.40
Attribute Value
Sector Utilities
Ex Dividend Date 2026-03-29
Last Dividend Date 2026-03-29
Debt to Equity Ratio 69.564
Revenue per Share 14.944
Market Cap 8,451,489,280
Trailing P/E 7.85
Forward P/E 17.80
Beta 0.24
Profit Margins 11.46%
Previous Name Companhia Energética de Minas Gerais
Website https://www.cemig.com.br

As of April 11, 2026, 1:26 p.m. EDT: Options activity shows a concentration around the ATM strike of 2.5 with limited volatility and open interest, indicating potential support. Puts show some interest in lower strikes, suggesting caution, while calls have limited activity, possibly indicating a lack of bullish sentiment. The overall options data suggests a cautious outlook, with limited directional signals.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.85% 10.77% 13.86% 15.93%
Dividend History
Date Dividend Yield %
2026-03-30 0.043000 1.845494
2025-06-30 0.038000 1.974912
2025-05-12 0.119000 6.948239
2025-03-31 0.033000 2.078925
2024-12-30 0.032000 2.018950
2024-09-30 0.030000 1.674453
2024-08-26 0.088000 4.959185
2024-07-01 0.028000 1.922623
2024-05-02 0.067692 4.196189
2024-03-28 0.026923 1.815780
2023-12-22 0.093846 7.046421
2023-09-29 0.030000 2.210556
2023-06-30 0.031538 2.172773
2023-04-28 0.009231 0.702306
2023-03-31 0.028462 2.350898
2022-12-30 0.034615 3.207644
2022-12-23 0.026154 2.360886
2022-09-30 0.031538 3.051324
2022-06-27 0.023846 2.276277
2022-05-02 0.099231 7.584769
2022-04-01 0.023077 1.493027
2021-12-22 0.076923 7.050196
2021-05-03 0.085385 8.726321
2021-01-07 0.042308 3.640529
2020-10-02 0.010769 1.383756
2020-08-13 0.036154 4.395161
2020-01-03 0.052308 3.824236
2019-05-06 0.087692 6.259777
2018-12-28 0.028462 2.084942
2018-05-02 0.115385 13.858077
2017-12-08 0.010769 1.469616
2017-05-15 0.059231 5.887553
2016-12-29 0.070769 8.786198
2016-05-02 0.074615 11.967487
2016-01-07 0.030769 8.023977
2015-05-04 0.116923 7.888183
2015-01-06 0.052308 3.834542
2014-11-13 0.263077 17.677824
2014-07-08 0.470769 22.054075
2014-05-02 0.308462 16.520099
2013-12-12 0.136480 9.366507
2013-05-02 0.368850 19.207912
2012-12-27 0.971074 59.030683
2012-04-30 0.419304 16.637456
2011-12-21 0.282874 16.343976
2011-05-02 0.460608 25.274538
2010-12-21 0.329185 22.097795
2010-04-30 0.325013 23.585712
2009-04-30 0.227634 23.117772
2008-04-28 0.339782 27.042452
2007-04-27 0.432905 41.210405
2006-05-02 0.147751 16.353536
2005-12-29 0.046395 6.791935
2005-05-02 0.048842 9.831497
2005-01-06 0.016689 4.367522
2004-12-08 0.016689 4.258076
2004-09-15 0.016689 5.386701
2004-06-08 0.043391 18.102637
2004-05-07 0.016689 7.300580
2004-01-05 0.023698 7.226530
2003-12-04 0.035269 13.949208
2002-05-21 0.032821 15.670339
2002-01-09 0.031375 13.833138
Additional Data
dividendRate 0.15
dividendYield 5.76
exDividendDate 2026-03-30
trailingAnnualDividendRate 1.228
trailingAnnualDividendYield 0.46339622
lastDividendValue 0.043
lastDividendDate 2026-03-30
dividendDate 2024-09-09

Info Dump

Attribute Value
52 Week Change 0.5317919
Address1 Avenida Barbacena, 1200
All Time High 10.935273
All Time Low 0.534039
Ask 2.68
Ask Size 108,500
Average Analyst Rating 4.0 - Underperform
Average Daily Volume10 Day 7,198,500
Average Daily Volume3 Month 6,724,354
Average Volume 6,724,354
Average Volume10Days 7,198,500
Beta 0.24
Bid 2.67
Bid Size 116,200
Book Value 1.9921463
City Belo Horizonte
Country Brazil
Crypto Tradeable 0
Currency USD
Current Price 2.67
Current Ratio 1.001
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 2.71
Day Low 2.66
Debt To Equity 69.564
Dividend Date 1,725,840,000
Dividend Rate 0.15
Dividend Yield 5.76
Earnings Call Timestamp End 1,774,015,200
Earnings Call Timestamp Start 1,774,015,200
Earnings Growth 0.881
Earnings Quarterly Growth 0.881
Earnings Timestamp 1,773,950,400
Earnings Timestamp End 1,778,184,000
Earnings Timestamp Start 1,778,184,000
Ebitda 7,842,365,952
Ebitda Margins 0.18344
Enterprise To Ebitda 3.163
Enterprise To Revenue 0.58
Enterprise Value 24,807,352,320
Eps Forward 0.15
Eps Trailing Twelve Months 0.34
Esg Populated 0
Ex Dividend Date 1,774,828,800
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.3396
Fifty Day Average Change 0.3304
Fifty Day Average Change Percent 0.14122072
Fifty Two Week Change Percent 53.17919
Fifty Two Week High 2.76
Fifty Two Week High Change -0.089999914
Fifty Two Week High Change Percent -0.032608666
Fifty Two Week Low 1.71
Fifty Two Week Low Change 0.96000004
Fifty Two Week Low Change Percent 0.5614035
Fifty Two Week Range 1.71 - 2.76
Financial Currency BRL
First Trade Date Milliseconds 848,327,400,000
Five Year Avg Dividend Yield 8.05
Float Shares 2,373,107,263
Forward Eps 0.15
Forward P E 17.8
Free Cashflow -3,585,386,240
Full Exchange Name NYSE
Full Time Employees 5,320
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.12495
Gross Profits 5,341,800,960
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.07613
Implied Shares Outstanding 3,165,351,636
Industry Utilities - Diversified
Industry Disp Utilities - Diversified
Industry Key utilities-diversified
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,774,828,800
Last Dividend Value 0.043
Last Fiscal Year End 1,767,139,200
Last Split Date 1,716,508,800
Last Split Factor 13:10
Long Business Summary 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, 2024, the company operated 36 hydro plants with a total capacity of 4,449.0 MW, 2 wind farms with a total capacity of 70.8 MW, and 10 photovoltaic power stations with a total capacity of 158.99 MW; 357,044 miles of distribution lines; and 4,754 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; installation, operation, maintenance and rental of solar plants; 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.
Long Name Companhia Energética de Minas Gerais - CEMIG
Market us_market
Market Cap 8,451,489,280
Market State REGULAR
Max Age 86,400
Message Board Id finmb_411574
Most Recent Quarter 1,767,139,200
Name Change Date 2,026-04-16
Net Income To Common 4,897,409,024
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 8,692,229,627
Number Of Analyst Opinions 2
Open 2.7
Operating Cashflow 4,076,534,016
Operating Margins 0.20073
Payout Ratio 0.9796
Peg Ratio 0.3271
Phone 51 31 3506 5024
Prev Name Companhia Energética de Minas Gerais
Previous Close 2.65
Price Hint 4
Price To Book 1.3402631
Price To Sales Trailing12 Months 0.19768973
Profit Margins 0.11456
Quick Ratio 0.778
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key underperform
Recommendation Mean 4.0
Region US
Regular Market Change 0.01999998
Regular Market Change Percent 0.7547162
Regular Market Day High 2.71
Regular Market Day Low 2.66
Regular Market Day Range 2.66 - 2.71
Regular Market Open 2.7
Regular Market Previous Close 2.65
Regular Market Price 2.67
Regular Market Time 1,776,440,742
Regular Market Volume 2,824,898
Return On Assets 0.06287
Return On Equity 0.1751
Revenue Growth 0.029
Revenue Per Share 14.944
Sand P52 Week Change 0.36506534
Sector Utilities
Sector Disp Utilities
Sector Key utilities
Shares Outstanding 1,904,080,104
Shares Percent Shares Out 0.0
Shares Short 8,942
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 2,453,865
Short Name Comp En De Mn Cemig
Short Percent Of Float 0.0
Short Ratio 0.0
Source Interval 15
State MG
Symbol CIG
Target High Price 2.5
Target Low Price 1.9
Target Mean Price 2.2
Target Median Price 2.2
Total Cash 2,661,338,112
Total Cash Per Share 0.93
Total Debt 19,882,559,488
Total Revenue 42,751,283,200
Tradeable 0
Trailing Annual Dividend Rate 1.228
Trailing Annual Dividend Yield 0.46339622
Trailing Eps 0.34
Trailing P E 7.8529415
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.09775
Two Hundred Day Average Change 0.5722501
Two Hundred Day Average Change Percent 0.27279234
Type Disp Equity
Volume 2,824,898
Website https://www.cemig.com.br
Zip 30,190-131