Companhia Energética de Minas Gerais - CEMIG (CIG) Stock Price & Analysis
Companhia Energética de Minas Gerais - CEMIG (CIG) closed at USD 2.28 on Thursday, October 22, 2026, up 0.00% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 2.28; the Oct 22, 2026 session ranged USD 2.26–2.3 on volume of 3,941,769 shares. Market capitalization is $6.52B, with a 52-week range of USD 1.87–2.76 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:25 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CIG.md
Key facts (CIG)
- 2 of 80 tracked superinvestors hold CIG (13F, Q2 2026): 0 new, 0 added, 1 reduced, 1 unchanged.
- Analysts: Sell (mean 4.00 on a 1–5 scale) (3 analysts), mean target USD 2.05 (range 1.91–2.25).
- Total return with dividends: 1Y +21.1% vs S&P 500 +14.9%; 5Y +128.4% vs S&P 500 +80.3%.
- Next earnings: 2026-11-12, EPS estimate USD 0.05, revenue estimate $8.28B.
Superinvestors (SEC 13F-HR, Q2 2026) (CIG)
2 of 80 tracked investors hold CIG. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Dodge & Cox Funds | Dodge & Cox | <0.01% | $32K | Unchanged |
| Richard Pzena | Pzena Investment Management | <0.01% | $953K | Reduced -58.0% |
Analysts (CIG)
Consensus Sell (mean 4.00 on a 1–5 scale), 3 analysts; mean target USD 2.05 (low 1.91, high 2.25).
Total return (dividends reinvested) (CIG)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +21.1% | +128.4% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +21.2% | +17.9% |
| Volatility (annualized) | 32.3% | 35.2% |
| Max drawdown | -28.2% (Apr 2026→Aug 2026) | -37.6% (Apr 2022→Oct 2022) |
CIG analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.05 | $0.05 | -6.0% | $8.28B | 1 |
| Next quarter (ends Dec 2026) | $0.06 | $0.05 | +13.5% | $8.26B | 1 |
| Current fiscal year (ends Dec 2026) | $0.03 | $0.15 | -80.0% | $37.73B | 1 |
| Next fiscal year (ends Dec 2027) | $0.18 | $0.16 | +7.9% | $35.42B | 1 |
Key Statistics (as of October 23, 2026 at 09:25 UTC)
| Price | USD 2.28 |
|---|---|
| Change | ▲ 0.00% (up) |
| Previous Close | USD 2.28 |
| Open | USD 2.28 |
| Day Range | USD 2.26 – 2.3 |
| 52-Week Range | USD 1.87 – 2.76 |
| Volume | 3,941,769 shares |
| Market Cap | $6.52B |
| Exchange | NYQ |
Technical Analysis (CIG)
Nexqual's technical model rates CIG "STRONG BUY" based on 6 bullish and 0 bearish signals across 127 daily candles, as of October 23, 2026 at 09:25 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 52.57 (neutral) |
| vs SMA50 | Above (USD 2.14) |
| MACD | 0.05 (positive) |
Analyst Ratings (CIG)
Wall Street analysts rate CIG "Sell" based on 3 analysts, with a mean price target of USD 2.05 (range USD 1.91–2.25), per Nexqual as of October 23, 2026 at 09:25 UTC.
| Consensus Rating | Sell |
|---|---|
| Analyst Count | 3 |
| Mean Target | USD 2.05 |
| High Target | USD 2.25 |
| Low Target | USD 1.91 |
| Buy / Hold / Sell | 0 / 1 / 2 |
Earnings (CIG)
| Next Earnings Date | 2026-11-12 |
|---|---|
| Revenue Estimate | $8.28B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.06 vs est 0.05 ▲ beat |
| 2026-03-31 | USD 0.07 vs est 0.05 ▲ beat |
| 2025-12-31 | USD 0.12 vs est 0.05 ▲ beat |
| 2025-09-30 | USD 0.05 vs est 0.07 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:25 UTC.
Financials & Fundamentals (CIG)
| Total Revenue | $43.74B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +3.40% |
| Gross Margin | +11.14% |
| Operating Margin | +15.58% |
| Profit Margin | +10.51% |
| ROE | +15.94% |
| Debt / Equity | 0.78 |
| Current Ratio | 1.17 |
| Total Cash | $3.08B |
| Total Debt | $22.75B |
Source: Nexqual, October 23, 2026 at 09:25 UTC.
Financial Health Score (CIG)
Nexqual rates Companhia Energética de Minas Gerais - CEMIG's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:25 UTC.
| Growth | Solid — Revenue +7% YoY (annual) |
|---|---|
| Profitability | Weak — Gross margin 11% (last 12 months) |
| Balance Sheet | Mixed — BRL 3.08B cash vs BRL 22.7B debt |
| Cash Flow | Solid — Operating cash flow BRL 3.40B (TTM) |
| Efficiency | Solid — ROE 16%, ROA 5.9% |
Ownership (CIG)
| Insider Ownership | +0.00% |
|---|---|
| Institutional Ownership | +7.93% |
| Shares Outstanding | 1.90B |
| Float | 2.37B |
| Short % of Float | +0.19% |
Source: Nexqual, October 23, 2026 at 09:25 UTC.
Leadership (CIG)
Companhia Energética de Minas Gerais - CEMIG is led by Alexandre Ramos Peixoto, CEO & Member of Executive Board, per Nexqual as of October 23, 2026 at 09:25 UTC.
| CEO & Member of Executive Board | Alexandre Ramos Peixoto |
|---|---|
| Vice President of Information Technology & Member of Executive Board | Luis Claudio Correa Villani |
| Director of Compliance & People Management | Hudson Felix Almeida |
Major Backers & Investors (CIG)
Notable institutional backers of Companhia Energética de Minas Gerais - CEMIG include Goldman Sachs, TSP Capital Management Group, LLC, American Century Companies Inc, according to Nexqual as of October 23, 2026 at 09:25 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Goldman Sachs | 0.63% |
| TSP Capital Management Group, LLC | 0.48% |
| American Century Companies Inc | 0.36% |
| Renaissance Technologies | 0.29% |
| Morgan Stanley | 0.27% |
| Crossmark Global Holdings, Inc. | 0.2% |
| Mangrove Partners IM, LLC | 0.14% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 1.2% |
| State Street | 0.87% |
| Vanguard Group | 0.55% |
Source: Nexqual, October 23, 2026 at 09:25 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| IDA | IDACORP, Inc. | USD 142.06 | ▲ 2.5% |
| OGE | OGE Energy Corp | USD 48.92 | ▲ 2.02% |
| ELPC | Companhia Paranaense de Energia | USD 13.83 | ▲ 0.22% |
| PNW | Pinnacle West Capital Corporati | USD 106.61 | ▲ 2.62% |
| KEP | Korea Electric Power Corporatio | USD 10.72 | ▼ 0.09% |
| EMA | Emera Incorporated | USD 49.36 | ▲ 4.2% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:25 UTC. This page is informational and not investment advice.
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