SeekingAlpha · Sep 2, 2026
CEMIG: Behind The 11% Yield At This Brazilian Utility Monopoly
Cemig: Hold call on Brazil utility. Low multiples, but governance, FX, and slow growth limit upside. Click for more on CIG stock.
NYSE · CIG
Companhia Energética de Minas Gerais
Utilities · Diversified Utilities
$1.86
Up+$0.00 (+0.00%)
Updated Oct 29, 2026, 11:24 PM
SID Score
4.8/10
Composite research score
Smart Money
58/100
Neutral
- Market cap
- 5.75B
- P/E ratio
- 9.98
- Dividend yield
- 11.83%
- 52-week range
- $1.81 – $2.76
- Volume
- 5.89M
- Avg. volume
- 3.05M
Price performance · CIG
CIG price history
1M range · 21 trading sessions · Daily adjusted prices
Prices through Oct 28, 2026
CIG closed at $1.86 after 21 trading sessions, down 11.43% for the selected period.
- Last close
- $1.86
- Period change
- -11.43%
- Period low
- $1.86
- Period high
- $2.41
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 28, 2026 | $1.92 | $1.93 | $1.84 | $1.86 | 5.89M |
| Oct 27, 2026 | $1.95 | $1.98 | $1.91 | $1.93 | 5.38M |
| Oct 26, 2026 | $1.85 | $1.91 | $1.81 | $1.91 | 24.79M |
| Oct 23, 2026 | $2.28 | $2.31 | $2.26 | $2.30 | 4.98M |
| Oct 22, 2026 | $2.28 | $2.30 | $2.26 | $2.28 | 3.94M |
| Oct 21, 2026 | $2.32 | $2.32 | $2.27 | $2.28 | 3.93M |
| Oct 20, 2026 | $2.33 | $2.35 | $2.3128 | $2.33 | 2.65M |
| Oct 19, 2026 | $2.33 | $2.34 | $2.2601 | $2.28 | 4.81M |
| Oct 16, 2026 | $2.31 | $2.32 | $2.275 | $2.32 | 6.71M |
| Oct 15, 2026 | $2.30 | $2.33 | $2.27 | $2.29 | 6.47M |
| Oct 14, 2026 | $2.31 | $2.35 | $2.30 | $2.34 | 4.24M |
| Oct 13, 2026 | $2.34 | $2.38 | $2.3221 | $2.34 | 5.77M |
| Oct 12, 2026 | $2.41 | $2.42 | $2.40 | $2.41 | 1.53M |
| Oct 9, 2026 | $2.41 | $2.426 | $2.39 | $2.40 | 5.18M |
| Oct 8, 2026 | $2.32 | $2.40 | $2.31 | $2.36 | 5.87M |
| Oct 7, 2026 | $2.35 | $2.36 | $2.32 | $2.32 | 4.59M |
| Oct 6, 2026 | $2.39 | $2.415 | $2.36 | $2.36 | 4.13M |
| Oct 5, 2026 | $2.38 | $2.44 | $2.355 | $2.38 | 17.65M |
| Oct 2, 2026 | $2.12 | $2.15 | $2.07 | $2.15 | 3.79M |
| Oct 1, 2026 | $2.10 | $2.1199 | $2.0638 | $2.10 | 3.84M |
| Sep 30, 2026 | $2.10 | $2.12 | $2.09 | $2.10 | 5.22M |
Latest CIG news
The latest Smart Investors Daily articles mentioning CIG.
Stock researchCompany · Overview
Company
Market Activity
Research & News
CIG research
Overview
Company profile and research snapshot.
Company profile
Cia Energetica DE Minas Gerais - Cemig, formerly Energy Company of Minas Gerais, is a Brazilian power company that generates, transmits, and distributes electricity. As one of the power companies in Brazil, the firm operates across 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 through hydroelectric resources and, secondarily, through thermal and wind resources.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- $2.10
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Nov 14, 2019 | Goldman Sachs | Buy | — |
| Apr 4, 2018 | JP Morgan | Neutral | — |
| Nov 27, 2017 | JP Morgan | Overweight | — |
| Jul 14, 2017 | Goldman Sachs | Sell | — |
News briefing
No generated briefing is available yet.
Fintel · Aug 28, 2026
Companhia Energética de Minas Gerais - CEMIG - Depositary Receipt (CIG) Price Target Decreased by 13.39% to 2.35
SeekingAlpha · Aug 18, 2026
Election Risk, Market Opening, And Dividend Squeeze. Not A Good Moment For Cemig
Cemig (GIG) remains a Hold due to elevated political and regulatory risks despite seemingly cheap valuations.
SeekingAlpha · Aug 14, 2026
Companhia Energética de Minas Gerais - CEMIG (CIG) Q2 2026 Earnings Call Transcript
Companhia Energética de Minas Gerais - CEMIG (CIG) Q2 2026 Earnings Call August 14, 2026 10:00 AM EDTCompany ParticipantsCarolina Senna - Investor Relations...
AI research layers
Interpretive context generated from the platform’s current data sources.
No results
AI research layers have not been published yet.
