-logo-1200x675.jpg){kind=logo}
Comp En De Mn Cemig ADS (NYSE:CIG – Get Free Report) will likely be issuing 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 $1.8130 billion for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning report 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 Stock Down 2.7%
NYSE CIG opened at $1.99 on Wednesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.59. Comp En De Mn Cemig ADS has a fifty-two week low of $1.88 and a fifty-two week high of $2.76. The business has a 50 day moving average price of $2.12 and a two-hundred day moving average price of $2.26. The stock has a market cap of $5.68 billion, a PE ratio of 10.45 and a beta of 0.78.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the business. State Street Corp grew its stake in Comp En De Mn Cemig ADS by 4.2% during the 4th quarter. State Street Corp now owns 14,278,481 shares of the utilities provider’s stock valued at $28,557,000 after purchasing an additional 579,856 shares in the last quarter. United Capital Financial Advisors LLC raised its position in shares of Comp En De Mn Cemig ADS by 1.2% in the 3rd quarter. United Capital Financial Advisors LLC now owns 2,271,963 shares of the utilities provider’s stock valued at $4,794,000 after purchasing an additional 25,907 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Comp En De Mn Cemig ADS by 3.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,251,276 shares of the utilities provider’s stock valued at $4,413,000 after purchasing an additional 81,679 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Comp En De Mn Cemig ADS by 27.4% during the 3rd quarter. Millennium Management LLC now owns 1,471,400 shares of the utilities provider’s stock valued at $3,105,000 after buying an additional 316,782 shares during the last quarter. Finally, UBS Group AG boosted its stake in shares of Comp En De Mn Cemig ADS by 22.5% during the 3rd quarter. UBS Group AG now owns 1,386,267 shares of the utilities provider’s stock valued at $2,925,000 after buying an additional 254,397 shares during the last quarter.
Analyst Ratings Changes
Read Our Latest Research Report on CIG
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.
Read More
- Five stocks we like better than Comp En De Mn Cemig ADS
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
- AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be
- NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings
- Apple’s Next iPhone Could Test How Much Pricing Power Is Left
Receive News & Ratings for Comp En De Mn Cemig ADS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comp En De Mn Cemig ADS and related companies with MarketBeat.com's FREE daily email newsletter.
