Companhia Energética de Minas Gerais (CIG-C)
Companhia Energética de Minas Gerais (CIG-C) is a Brazilian utility company focused on energy generation, transmission, distribution, and sales. With a diverse portfolio of renewable and traditional energy sources, CIG-C serves a significant portion of the Minas Gerais region.
Company Overview
Companhia Energética de Minas Gerais (CIG-C) offers a compelling investment opportunity within the Brazilian utility sector, boasting a high dividend yield of 10.10%, a stable beta of 0.29, and a diversified energy portfolio, positioning it for long-term growth and income generation.
Investment Thesis
Companhia Energética de Minas Gerais presents a compelling investment opportunity due to its stable utility operations, high dividend yield, and diversified energy portfolio. With a current dividend yield of 10.10%, CIG-C offers attractive income potential for investors seeking stable returns. The company's low beta of 0.29 indicates lower volatility compared to the broader market, making it a defensive investment during economic uncertainty. Key value drivers include the company's extensive infrastructure, including 5,700 MW of installed capacity and vast distribution and transmission networks. Growth catalysts include expanding renewable energy projects and increasing demand for energy in Brazil. Continued investments in modernization and efficiency improvements should further enhance profitability and shareholder value.
Key Highlights
- Market capitalization of $8.12 billion reflects significant investor confidence in CIG-C's market position.
- P/E ratio of 10.61 suggests an attractive valuation relative to earnings.
- Dividend yield of 10.10% provides a substantial income stream for investors.
- Profit margin of 9.3% demonstrates solid profitability in the utility sector.
- Beta of 0.29 indicates low volatility and stability compared to the overall market.
Competitors
Strengths
- Diversified energy portfolio including hydro, wind, and solar.
- Extensive transmission and distribution network.
- Established market position in the Minas Gerais region.
- High dividend yield attracts income-seeking investors.
Weaknesses
- Exposure to regulatory and political risks in Brazil.
- Dependence on hydroelectric power, which can be affected by drought.
- Potential for increased competition from new entrants.
- High debt levels.
Catalysts
- Ongoing: Government incentives for renewable energy projects.
- Ongoing: Investments in smart grid technologies and infrastructure upgrades.
- Upcoming: Potential acquisitions of smaller energy companies.
- Ongoing: Increasing demand for electricity in Brazil.
Risks
- Potential: Regulatory changes impacting energy tariffs and profitability.
- Ongoing: Fluctuations in foreign exchange rates.
- Potential: Political instability in Brazil.
- Ongoing: Drought conditions affecting hydroelectric power generation.
- Potential: Cyber security threats to IT infrastructure.
Growth Opportunities
- Expansion of Renewable Energy Portfolio: CIG-C can capitalize on the growing demand for renewable energy by expanding its wind and solar power generation capacity. Brazil's commitment to reducing carbon emissions and increasing renewable energy sources creates a favorable environment for investment in this area. The market for renewable energy in Brazil is projected to grow significantly, offering CIG-C substantial opportunities for revenue growth and diversification. Timeline: Ongoing.
- Modernization of Transmission and Distribution Infrastructure: Investing in smart grid technologies and upgrading existing transmission and distribution lines can improve efficiency, reduce energy losses, and enhance grid reliability. The Brazilian government is promoting investments in grid modernization to support the integration of renewable energy sources and improve energy access across the country. This initiative presents CIG-C with opportunities to secure government funding and increase operational efficiency. Timeline: Ongoing.
- Development of Distributed Generation Solutions: CIG-C can expand its offerings in distributed generation, including on-site power generation and energy storage solutions for commercial and industrial customers. The increasing adoption of distributed generation technologies provides opportunities for CIG-C to provide customized energy solutions and reduce reliance on the central grid. This market is expected to grow as businesses seek to improve energy resilience and reduce costs. Timeline: Ongoing.
- Strategic Acquisitions and Partnerships: CIG-C can pursue strategic acquisitions and partnerships to expand its geographic reach and diversify its service offerings. Collaborating with other energy companies and technology providers can provide access to new markets, technologies, and expertise. This strategy can accelerate growth and enhance CIG-C's competitive position in the Brazilian energy market. Timeline: Ongoing.
- Leveraging Technological Innovation: Embracing digital transformation and adopting advanced technologies such as artificial intelligence, machine learning, and data analytics can improve operational efficiency, optimize energy consumption, and enhance customer service. Investing in these technologies can enable CIG-C to reduce costs, improve decision-making, and create new revenue streams. The integration of smart technologies is crucial for staying competitive in the evolving energy landscape. Timeline: Ongoing.
Opportunities
- Expansion of renewable energy capacity.
- Modernization of transmission and distribution infrastructure.
- Development of distributed generation solutions.
- Strategic acquisitions and partnerships.
Threats
- Changes in government regulations and energy policies.
- Economic downturns in Brazil.
- Fluctuations in commodity prices.
- Increased competition from other energy providers.
Competitive Advantages
- Extensive infrastructure network provides a significant barrier to entry for new competitors.
- Established relationships with customers and government agencies.
- Diversified energy portfolio reduces reliance on any single energy source.
- Vertically integrated operations provide cost advantages and control over the energy value chain.
About
Companhia Energética de Minas Gerais (CIG-C) was founded in 1952 and is headquartered in Belo Horizonte, Brazil. The company operates as an integrated utility, engaging in the generation, transmission, distribution, and sale of energy. CIG-C has grown to become one of the largest energy providers in Brazil, playing a crucial role in the country's energy infrastructure. As of December 31, 2021, CIG-C's operations included 70 hydroelectric, wind, and solar plants with a total installed capacity of 5,700 MW. The company also manages an extensive network of 339,086 miles of distribution lines and 4,449 miles of transmission lines, ensuring reliable energy delivery to its customers. Beyond its core energy operations, CIG-C is involved in the acquisition, transportation, and distribution of gas, as well as providing cloud solutions, IT infrastructure, and cybersecurity services. The company also offers telecommunications services and distributed generation solutions, highlighting its commitment to innovation and diversification within the energy sector. CIG-C's diverse portfolio and strategic investments position it as a key player in Brazil's evolving energy landscape.
What They Do
- Generates electricity through hydroelectric, wind, and solar power plants.
- Transmits electricity through a network of high-voltage transmission lines.
- Distributes electricity to residential, commercial, and industrial customers.
- Sells energy to end-users and other utilities.
- Acquires, transports, and distributes natural gas.
- Provides cloud solutions, IT infrastructure, and cybersecurity services.
- Offers telecommunications services.
Business Model
- Generates revenue through the sale of electricity to end-users and other utilities.
- Earns revenue from the transmission and distribution of electricity.
- Generates revenue from gas distribution and related services.
- Provides IT and telecommunications services for additional income.
Industry Context
Companhia Energética de Minas Gerais operates within the diversified utilities industry in Brazil, a sector characterized by increasing demand for reliable and sustainable energy solutions. The Brazilian energy market is undergoing modernization, with a growing emphasis on renewable energy sources and smart grid technologies. CIG-C competes with other major utility companies in the region, such as AES, ALE, AQN, AVA, and BIP, all vying for market share in energy generation, transmission, and distribution. The industry is influenced by government regulations, economic conditions, and technological advancements, requiring companies to adapt and innovate to maintain a competitive edge.
Key Customers
- Residential customers in the Minas Gerais region.
- Commercial and industrial businesses.
- Other utility companies.
- Government entities.
Financials
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $10.62B | $796M | $0.28 |
| Q2 2025 | $10.79B | $1.19B | $0.42 |
| Q1 2025 | $9.71B | $1.04B | $0.36 |
| Q4 2024 | $11.18B | $997M | $0.35 |
Source: Company filings
Chart & Info
Price Chart
Companhia Energética de Minas Gerais (CIG-C) stock price: $2.66 (+0.02, +0.76%)
Why Bull
- •Recent insider buying suggests confidence in the company's future prospects, indicating a positive outlook from those closest to the business.
- •Community sentiment has shifted positively, with discussions highlighting the company's strategic initiatives in renewable energy.
- •Analysts are noting an increased demand for energy in Brazil, which could benefit Companhia Energética de Minas Gerais significantly.
- •Recent regulatory developments favoring energy companies could enhance operational efficiency and profitability for CIG-C.
Why Bear
- •Concerns over rising operational costs have been voiced in the community, which may impact profit margins moving forward.
- •Some investors express skepticism about the company's ability to adapt quickly to changing market conditions and regulatory environments.
- •Negative sentiment has emerged regarding potential delays in key projects, which could hinder growth expectations.
- •There’s a prevailing worry about competition in the energy sector, particularly from newer, more agile companies focusing on renewables.
Latest News
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Latin America and the Caribbean Smart Metering Research Report 2026 with Cemig, COPEL, Grupo ICE, Light, and UTE Case Studies
Yahoo! Finance: CIG-C News · Jan 23, 2026
Technical Analysis
Rationale
AI-generated technical analysis for CIG-C including trend direction, momentum, and pattern recognition.
What to Watch
Key support and resistance levels, volume signals, and upcoming events.
Risk Management
Position sizing, stop-loss levels, and risk-reward assessment.
Community
Discussion
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Sentiment
Community sentiment and discussion activity for CIG-C.
Make a Prediction
Set your price target for Companhia Energética de Minas Gerais (CIG-C), choose a timeframe, and track your prediction accuracy.
Current price: $2.66
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CIG-C.
Price Targets
Wall Street price target analysis for CIG-C.
Insider Flow (30d)
No insider trades in the last 30 days.
MoonshotScore
Score Factors
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Revenue Growth 4/100
Revenue grew only 8.1% YoY, suggesting the company is in a slower growth phase.
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Gross Margin 3/100
Gross margin of 13.6% is below average, suggesting thin margins and potential pricing pressure.
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Operating Leverage 4/100
Limited operating leverage due to slower revenue growth, keeping profit scaling constrained.
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Cash Runway 5/100
Cash position data is currently unavailable for this company.
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R&D Intensity 5/100
R&D spending data is currently unavailable for this company.
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Insider Activity 6/100
No significant insider buying or selling recently, which is neutral for the stock outlook.
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Short Interest 5/100
Float and volume data unavailable for liquidity analysis.
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Price Momentum 0/100
No bullish technical signals detected. The stock lacks upward price momentum currently.
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News Sentiment 5/100
No sentiment data available
What does this score mean?
The MoonshotScore rates CIG-C's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Competitors & Peers
Frequently Asked Questions
What does Companhia Energética de Minas Gerais do?
Companhia Energética de Minas Gerais (CIG-C) is an integrated utility company in Brazil, primarily focused on generating, transmitting, distributing, and selling electricity. The company operates a diverse portfolio of power generation facilities, including hydroelectric, wind, and solar plants, with a total installed capacity of 5,700 MW. CIG-C also manages an extensive network of transmission and distribution lines, delivering electricity to residential, commercial, and industrial customers in the Minas Gerais region. Additionally, the company is involved in gas distribution, IT services, and telecommunications, diversifying its revenue streams and enhancing its market position within the Brazilian energy sector.
Is CIG-C stock a good buy?
CIG-C stock presents a potentially attractive investment opportunity, particularly for income-seeking investors, given its high dividend yield of 10.10%. The company's stable beta of 0.29 suggests lower volatility compared to the broader market. However, investors should carefully consider the risks associated with operating in the Brazilian market, including regulatory and political uncertainties. The company's P/E ratio of 10.61 indicates a reasonable valuation, but future growth prospects and the sustainability of the dividend payout should be thoroughly evaluated before making an investment decision. Overall, CIG-C offers a blend of income and stability, but requires careful due diligence.
What are the main risks for CIG-C?
Companhia Energética de Minas Gerais faces several key risks, including regulatory and political uncertainties in Brazil, which can impact energy tariffs and profitability. Fluctuations in foreign exchange rates pose a risk to the company's financial performance, particularly for debt denominated in foreign currencies. Drought conditions can significantly affect hydroelectric power generation, reducing electricity output and revenue. Additionally, CIG-C is exposed to potential cyber security threats to its IT infrastructure, which could disrupt operations and compromise sensitive data. Increased competition from other energy providers and changes in government energy policies also represent ongoing challenges for the company.
Is CIG-C a good stock to buy?
Whether CIG-C is a good investment depends on your financial goals, risk tolerance, and investment horizon. Key factors to evaluate include the company's revenue growth trajectory, profit margins, debt-to-equity ratio, competitive moat, and valuation multiples (P/E, P/S, EV/EBITDA) relative to industry peers. Our AI-generated Investment Thesis and SWOT analysis on this page provide a data-driven starting point. Always do your own research and consider consulting a financial advisor before making investment decisions.
What is the CIG-C MoonshotScore?
The MoonshotScore for CIG-C is an AI-powered rating from 0 to 100 that evaluates a stock across four dimensions: growth potential (revenue and earnings trajectory), financial health (balance sheet strength, cash flow), market momentum (price trends, volume patterns, institutional flows), and risk factors (volatility, debt levels, sector headwinds). Scores above 70 indicate strong potential, 50-70 moderate, and below 50 suggests caution. The score is recalculated daily using the latest financial data and market signals.
How often is CIG-C data updated?
CIG-C stock prices are updated in real-time during U.S. market hours (9:30 AM - 4:00 PM ET, Monday through Friday). After-hours and pre-market prices are also tracked. Company fundamentals (earnings, revenue, balance sheet) are refreshed when new quarterly or annual reports are filed. Analyst ratings, price targets, and AI-generated insights are updated daily. Breaking news related to CIG-C is aggregated continuously from premium financial news sources throughout the day.
What are the growth catalysts for CIG-C?
Growth catalysts for Companhia Energética de Minas Gerais (CIG-C) can include several categories: product catalysts (new launches, FDA approvals, patent grants), financial catalysts (earnings beats, margin expansion, share buybacks), strategic catalysts (acquisitions, partnerships, market expansion into new regions), and macro catalysts (favorable regulation, industry tailwinds, secular growth trends). Our AI analyzes Companhia Energética de Minas Gerais's specific catalysts using earnings transcripts, SEC filings, and news sentiment to identify the most impactful near-term and long-term drivers.
Who are CIG-C's main competitors?
Companhia Energética de Minas Gerais (CIG-C) competes with companies in its industry that target similar customers, markets, or product categories. Competitor analysis involves comparing key metrics: market share, revenue growth rates, profit margins, R&D spending, and valuation multiples. Understanding competitive positioning helps investors assess whether CIG-C has a sustainable competitive advantage (moat) through brand strength, network effects, cost leadership, or switching costs. Our Competitors section provides a side-by-side comparison with relevant peers.
What do analysts say about CIG-C?
Wall Street analyst coverage for CIG-C includes consensus ratings (buy, hold, or sell), 12-month price targets, and earnings estimates. Analyst opinions are aggregated from major investment banks and research firms. Key metrics to watch include the consensus price target (average, high, and low estimates), the number of analysts covering the stock, any recent rating changes (upgrades or downgrades), and how actual earnings compare to analyst estimates (beat or miss history). Our platform aggregates these from multiple data providers for a comprehensive view.
What is CIG-C's market cap?
Market capitalization (market cap) for CIG-C is calculated by multiplying the current share price by the total number of outstanding shares. It represents the market's total valuation of the company. Stocks are typically categorized as mega-cap ($200B+), large-cap ($10B-$200B), mid-cap ($2B-$10B), small-cap ($300M-$2B), or micro-cap (under $300M). Market cap influences index inclusion, institutional ownership eligibility, and risk profile. Our Key Statistics section shows CIG-C's current market cap alongside enterprise value and other valuation metrics.
How has CIG-C stock performed recently?
CIG-C's recent stock performance can be evaluated across multiple timeframes: daily price changes, week-over-week momentum, monthly trends, and year-to-date returns. Important performance indicators include the stock's 52-week high and low, moving averages (50-day and 200-day SMA), relative strength index (RSI), and volume trends. Comparing CIG-C's performance against its sector index and the S&P 500 provides context on whether it is outperforming or underperforming the broader market.
What are the risks of investing in CIG-C?
Key risk categories for CIG-C include: market risk (overall market downturns affecting stock prices), company-specific risk (management changes, product failures, competitive threats), financial risk (high debt levels, cash burn, dilution from stock issuance), regulatory risk (government policy changes, lawsuits, compliance issues), and macroeconomic risk (interest rate changes, inflation, currency fluctuations). Beta measures CIG-C's volatility relative to the market - a beta above 1.0 means higher volatility than the S&P 500. Our AI-generated risk assessment identifies the most relevant risk factors for this specific stock.
Are insiders buying or selling CIG-C?
Insider trading activity for CIG-C tracks purchases and sales by company executives, directors, and major shareholders (10%+ owners) as reported in SEC Form 4 filings. Insider buying is generally considered a bullish signal because insiders have the deepest knowledge of company operations, while selling may have various motivations (diversification, tax planning, pre-planned 10b5-1 trading plans). Key metrics include the buy-to-sell ratio, total dollar value of insider transactions, and whether multiple insiders are trading in the same direction. Our Insider Flow tab shows recent transactions with dates and dollar amounts.
Is CIG-C a good stock for beginners?
Companhia Energética de Minas Gerais (CIG-C) can be suitable for beginner investors depending on several factors. Look at the MoonshotScore on this page for an overall AI-powered assessment of growth potential and risk. Beginners should also check the company's market cap (larger companies tend to be less volatile), gross margin (higher margins mean stronger business fundamentals), and cash position (healthy cash reduces bankruptcy risk). Always start with a small position size and never invest money you cannot afford to lose.
How risky is CIG-C for first-time investors?
Every stock carries risk, including Companhia Energética de Minas Gerais (CIG-C). First-time investors should review the Risk Factors section on this page for company-specific risks. Key risk indicators include price volatility (check the chart for daily swings), insider selling activity (see Insider Flow tab), and cash runway (see MoonshotScore breakdown). A diversified portfolio with an index fund like the S&P 500 as a core holding is generally recommended before adding individual stocks like CIG-C.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Data provided for informational purposes only.
- Information is based on data available as of December 31, 2021.
- Future performance is subject to market conditions and company-specific factors.