Comp En De Mn Cemig ADS (NYSE:CIG – Get Free Report) is expected to release its Q2 2026 results before the market opens on Thursday, August 13th. Analysts expect the company to announce earnings of $0.0474 per share and revenue of $1.8093 billion for the quarter. Interested persons can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, August 14, 2026 at 10:00 AM ET.
Comp En De Mn Cemig ADS Price Performance
CIG opened at $2.06 on Tuesday. The stock has a market cap of $5.90 billion, a P/E ratio of 10.84 and a beta of 0.78. Comp En De Mn Cemig ADS has a 12 month low of $1.88 and a 12 month high of $2.76. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.59. The company has a fifty day simple moving average of $2.12 and a 200 day simple moving average of $2.26.
Analyst Ratings Changes
Separately, Weiss Ratings cut Comp En De Mn Cemig ADS from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 4th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.
Institutional Trading of Comp En De Mn Cemig ADS
Hedge funds have recently made changes to their positions in the business. SmartHarvest Portfolios LLC acquired a new stake in Comp En De Mn Cemig ADS during the fourth quarter worth approximately $30,000. Inspire Advisors LLC increased its stake in shares of Comp En De Mn Cemig ADS by 55.8% during the fourth quarter. Inspire Advisors LLC now owns 15,716 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 5,631 shares during the period. EP Wealth Advisors LLC bought a new position in shares of Comp En De Mn Cemig ADS during the fourth quarter worth approximately $33,000. PFG Advisors lifted its holdings in Comp En De Mn Cemig ADS by 34.2% during the 3rd quarter. PFG Advisors now owns 18,392 shares of the utilities provider’s stock worth $39,000 after purchasing an additional 4,685 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new stake in Comp En De Mn Cemig ADS during the 3rd quarter worth approximately $40,000.
Comp En De Mn Cemig ADS Company Profile
Companhia Energética de Minas Gerais SA (Cemig ADS) is a leading Brazilian energy company primarily engaged in the generation, transmission, distribution and commercialization of electric power. Headquartered in Belo Horizonte, the company operates as a vertically integrated utility, serving residential, commercial and industrial customers across its concession areas. In addition to its core electricity business, Cemig maintains interests in natural gas distribution and distinct energy-related ventures, including renewable sources and infrastructure projects.
In its generation segment, Cemig manages a diversified portfolio that includes hydroelectric, photovoltaic and wind power plants.
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