Energy of Minas Gerais Co DRC (CIG-C)

Official site

UTILITIES • UTILITIES - DIVERSIFIED • NYSE

$3.41

-0.08 (-2.29%)

Market Cap: $9.98B

Last updated: Oct 16, 2026 at 5:00 PM ET

Earnings

Performance (10Y)

Beat Rate

54%(20/37)

Avg Surprise

+5.32%

Streak

2 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$N/A

Revenue Consensus

$8.1B

Range$8.1B - $8.1B

1 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Sep 30, 2026Sep 26EST	-	N/A	-	-	-	-	-	-
Jun 30, 2026Jun 26 Reported Aug 13, 2026Reported Aug 13	$0.07	N/A	-	N/A	Beat	-	-	-15.6%
Mar 31, 2026Mar 26 Reported May 8, 2026Reported May 8	$0.07	$0.05	-	+21.68%	Beat	-	-	+4.8%
Dec 31, 2025Dec 25 Reported Mar 20, 2026Reported Mar 20	$0.12	$0.07	-	+82.71%	Beat	-	-	+103.5%
Sep 30, 2025Sep 25 Reported Nov 11, 2025Reported Nov 11	$0.05	$0.06	$0.06 - $0.06	-16.27%	Miss	0	No revisions (30d)	-74.6%
Jun 30, 2025Jun 25 Reported Aug 11, 2025Reported Aug 11	$0.08	$0.05	$0.05 - $0.05	+52.86%	Beat	0	No revisions (30d)	-31.5%
Mar 31, 2025Mar 25 Reported May 8, 2025Reported May 8	$0.06	$0.06	$0.06 - $0.06	+10.50%	Beat	0	No revisions (30d)	-23.7%
Dec 31, 2024Dec 24 Reported Mar 19, 2025Reported Mar 19	$0.06	$0.08	$0.08 - $0.08	-25.38%	Miss	0	No revisions (30d)	-65.5%
Sep 30, 2024Sep 24 Reported Nov 13, 2024Reported Nov 13	$0.21	$0.13	-	+56.83%	Beat	-	-	+160.7%
Jun 30, 2024Jun 24 Reported Aug 13, 2024Reported Aug 13	$0.11	$0.11	-	+2.91%	Beat	-	-	+34.0%
Mar 31, 2024Mar 24 Reported May 10, 2024Reported May 10	$0.08	$0.15	-	-46.06%	Miss	-	-	-19.6%
Dec 31, 2023Dec 23 Reported Mar 21, 2024Reported Mar 21	$0.17	$0.09	-	+83.35%	Beat	-	-	+36.5%
Sep 30, 2023Sep 23 Reported Nov 9, 2023Reported Nov 9	$0.08	$0.08	-	-0.88%	Miss	-	-	+22.8%
Jun 30, 2023Jun 23 Reported Aug 3, 2023Reported Aug 3	$0.08	$0.08	-	+5.63%	Beat	-	-	+2917.9%
Mar 31, 2023Mar 23 Reported May 4, 2023Reported May 4	$0.10	$0.10	-	+1.20%	Beat	-	-	+10.2%
Dec 31, 2022Dec 22 Reported Mar 31, 2023Reported Mar 31	$0.13	$0.05	-	+153.40%	Beat	-	-	+225.7%
Sep 30, 2022Sep 22 Reported Nov 11, 2022Reported Nov 11	$0.06	$0.06	-	+7.67%	Beat	-	-	+156.3%
Jun 30, 2022Jun 22 Reported Aug 12, 2022Reported Aug 12	$0.00	$0.00	-	-28.21%	Miss	-	-	-96.4%
Mar 31, 2022Mar 22 Reported May 13, 2022Reported May 13	$0.09	$0.08	-	+14.75%	Beat	-	-	+236.3%
Dec 31, 2021Dec 21 Reported Mar 31, 2022Reported Mar 31	$0.04	$0.03	-	+29.67%	Beat	-	-	-43.2%
Sep 30, 2021Sep 21 Reported Nov 11, 2021Reported Nov 11	$0.03	$0.03	-	-16.00%	Miss	-	-	-27.2%
Jun 30, 2021Jun 21 Reported Aug 13, 2021Reported Aug 13	$0.08	$0.08	-	-3.63%	Miss	-	-	-56.6%
Mar 31, 2021Mar 21 Reported May 14, 2021Reported May 14	$0.03	$0.04	-	-31.75%	Miss	-	-	+459.2%
Dec 31, 2020Dec 20 Reported Mar 31, 2021Reported Mar 31	$0.07	$0.07	-	-2.14%	Miss	-	-	+37.0%
Sep 30, 2020Sep 20 Reported Nov 13, 2020Reported Nov 13	$0.03	$0.03	-	+15.33%	Beat	-	-	+144.0%
Jun 30, 2020Jun 20 Reported Aug 14, 2020Reported Aug 14	$0.18	$0.18	-	-1.39%	Miss	-	-	-47.4%
Mar 31, 2020Mar 20 Reported May 16, 2020Reported May 16	$-0.01	N/A	-	-109.50%	Miss	-	-	-106.0%
Dec 31, 2019Dec 19 Reported Mar 19, 2020Reported Mar 19	$0.05	$0.05	-	+0.00%	Beat	-	-	-54.5%
Sep 30, 2019Sep 19 Reported Nov 14, 2019Reported Nov 14	$-0.08	$0.08	-	-198.38%	Miss	-	-	-493.5%
Jun 30, 2019Jun 19 Reported Aug 15, 2019Reported Aug 15	$0.34	$0.08	-	+322.13%	Beat	-	-	+3477.0%
Mar 31, 2019Mar 19 Reported May 16, 2019Reported May 16	$0.13	$0.13	-	-1.77%	Miss	-	-	+27.7%
Dec 31, 2018Dec 18 Reported Mar 28, 2019Reported Mar 28	$0.11	$0.09	-	+22.22%	Beat	-	-	-26.7%
Sep 30, 2018Sep 18 Reported Nov 14, 2018Reported Nov 14	$0.02	N/A	-	-71.43%	Miss	-	-	+200.0%
Jun 30, 2018Jun 18 Reported Aug 15, 2018Reported Aug 15	$-0.01	N/A	-	-116.67%	Miss	-	-	-133.3%
Mar 31, 2018Mar 18 Reported May 16, 2018Reported May 16	$0.10	$0.04	-	+150.00%	Beat	-	-	+42.9%
Dec 31, 2017Dec 17 Reported Mar 29, 2018Reported Mar 29	$0.15	$0.10	-	+50.00%	Beat	-	-	-
Sep 30, 2017Sep 17 Reported Nov 15, 2017Reported Nov 15	$-0.02	$0.04	-	-150.00%	Miss	-	-	-
Jun 30, 2017Jun 17 Reported Aug 13, 2017Reported Aug 13	$0.03	N/A	-	-66.67%	Miss	-	-	-
Mar 31, 2017Mar 17 Reported May 16, 2017Reported May 16	$0.07	$0.07	-	+0.00%	Beat	-	-	-

Dividends

Dividend Metrics

Forward Yield5.09%

Forward Annual Dividend$0.17

Payout Ratio45.70%

Pay MonthsJan, Mar, May, Jul, Sep

Growth

3Y CAGR-1.20%

5Y CAGR-2.26%

CIG-C dividend history and ex-dividend dates Run CIG-C in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	59.53	EV/EBITDA	9.02x
Price/FCF	49.55x	FCF Yield	2.02%
Profitability
Profit Margin	10.50%	Operating Margin	15.60%
ROE	15.90%	ROIC	9.58%
Financial Health
Debt/Equity	0.77x	Interest Coverage	2.98x
Current Ratio	1.17x	Quick Ratio	1.17x
Trading Statistics
Beta	0.06	Avg Volume	3.57K
52-Week High	$4.04	52-Week Low	$2.19

Technical Indicators Dashboard

Moving Averages

SMA 10$3.50

SMA 20$3.37

SMA 50$3.21

SMA 200$3.06

EMA 10$3.46

EMA 20$3.40

EMA 50$3.28

EMA 200$3.04

MACD

Line: 0.08Signal: 0.08Hist: 0.00

ADX

ADX: 40.6+DI: 51.3-DI: 11.5

Aroon & PSAR

Aroon Up88.0

Aroon Down44.0

PSAR$3.29

Bollinger Bands

Upper Band$3.70

Lower Band$3.04

%B Position1952%(Upper)

Band Width0.56

RSI (14-Day)

Neutral

52.5

Momentum Oscillators

Stoch %K36.5

Stoch %D43.4

Williams %R-70.8

ROC (10d)8.3%

Momentum0.26

CCI (20d)13.5

MFI (14d)61.2

Volatility Measures

ATR (14d)$0.13(3.9%)

StdDev (20d)0.16

Hist Vol59.4%(High)

Volume Flow

VWAP$3.41

OBV30.2K

AD Line-16871081381.4B

CMF (20d)-2033851036246.471

Volume Metrics

Avg Vol (20d)3.9K

Vol Ratio0.0x(Low)

VWMA (20d)$3.48

Pivot Points

R3$3.57

R2$3.56

R1$3.52

Pivot Point$3.51

S1$3.47

S2$3.46

S3$3.42

Advanced Oscillators

TSI15.79

Ultimate Osc29.9

KST93.92

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$11.16B	$10.46B	$11.68B	$10.53B	$10.79B	$9.71B	$9.40B	$10.15B	$8.86B	$8.93B	$9.96B	$9.43B
Cost of Revenue	$9.20B	$8.81B	$10.02B	$9.02B	$9.10B	$8.00B	$10.74B	$8.95B	$6.93B	$7.03B	$7.94B	$7.79B
Gross Profit	$1.95B	$1.66B	$1.66B	$1.51B	$1.69B	$1.70B	$-1,341,548,000	$1.20B	$1.93B	$1.90B	$2.02B	$1.63B

Operating Expenses	$52.78M	$320.68M	$342.02M	$484.69M	$191.51M	$346.93M	$9.60B	$-3,416,063,000	$-23,785,000	$403.63M	$413.17M	$-60,554,000
R&D	$0	$108.90M	$0	$0	$10.81M	$115.64M	$0	$10.80M	$9.78M	$2.44M	$2.44M	$10.66M
SG&A	$229.79M	$202.00M	$684.40M	$195.33M	$177.60M	$193.97M	$125.25M	$206.55M	$321.52M	$169.75M	$222.76M	$156.81M
Operating Income	$1.90B	$1.34B	$1.31B	$1.02B	$1.50B	$1.36B	$-203,423,000	$4.61B	$1.95B	$1.49B	$1.61B	$1.69B

Interest Income	$84.50M	$258.00M	$136.58M	$43.00M	$302.44M	$84.00M	$192.87M	$262.56M	$725.47M	$218.25M	$0	$0
Interest Expense	$526.73M	$479.75M	$468.23M	$423.00M	$188.59M	$260.00M	$276.69M	$237.00M	$302.43M	$50.38M	$158.29M	$67.68M
Income Before Tax	$1.03B	$1.05B	$2.27B	$846.53M	$1.38B	$1.21B	$1.15B	$4.55B	$2.15B	$1.50B	$1.86B	$1.48B
Income Tax Expense	$87.90M	$69.95M	$362.41M	$49.79M	$189.81M	$175.03M	$0	$1.27B	$462.34M	$348.81M	$116.70M	$242.34M

Net Income	$945.03M	$978.54M	$1.90B	$796.74M	$1.19B	$1.04B	$996.42M	$3.28B	$1.69B	$1.15B	$1.88B	$1.24B

EBITDA	$2.15B	$1.73B	$1.74B	$2.38B	$1.93B	$1.84B	N/A	$4.89B	$2.79B	$2.05B	$2.49B	$1.90B
EBIT	$1.74B	$1.34B	$1.31B	$1.27B	$1.56B	$1.47B	N/A	$4.55B	$2.45B	$1.72B	$2.14B	$1.58B

* Some calculated fields are derived from available data when not provided by source

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News

CIG Stock Holds Gains As Traders Track Dividend And Debt

Cia Energetica DE Minas Gerais Cemig ADR (Preference Shares) (CIG) stock is trading up by 10.93%, driven by strong earnings optimism and a low price-to-earnings ratio. Traders are observing CIG's tight trading range...

StocksToTrade•Oct 5, 2026 8:32 AM ET10/5/26•Neutral

Cemig Distribuição encerra oferta de debêntures de R$ 2 bilhões

Cemig Distribuição has concluded its 16th debenture issuance, raising a total of R$ 2 billion. The funds are split into two series, with one billion reais for cash flow management and sustainable investments...

atlaspublico.com.br•Sep 9, 2026 6:22 PM ET9/9/26•Neutral

CIG-C Valuation and Fair Value

P/E: 59.5x
Forward P/E: 11.6x
EV/EBITDA: 9.0x
P/FCF: 49.5x
PEG: 0.3x
P/B: 1.7x

See GNG's fair value

CIG-C Profitability: Margins, ROIC and FCF

Gross margin: 15.5%
Operating margin: 15.6%
Net margin: 10.5%
ROIC: 9.6%
ROE: 15.9%
FCF margin: 12.3%
FCF yield: 2.0%

CIG-C Competitors

Company	Ticker
Companhia Paranaense de Energia - COPEL	ELPC
OGE Energy Corporation	OGE
The AES Corporation	AES
Enlight Renewable Energy Ltd. Ordinary Shares	ENLT
Essential Utilities Inc	WTRG
Entergy Louisiana LLC Pref	ELC
DBA Sempra 5.750% Junior Subordinated Notes due 2079	SREA
UGI Corporation	UGI

Sector: Utilities

CIG-C Bull Case vs Bear Case

Bull case

CIG-C beat EPS estimates in 75.0% of its last 8 reported quarters.

Bear case

CIG-C trades at 59.5x trailing earnings.

CIG-C Earnings: Beat Rate and Next Report

Beat rate: 6 of 8 quarters (75.0%)
Average surprise: 23.2%

CIG-C Dividend

Forward yield: 5.1%
Payout ratio: 45.7%
3Y DPS growth: -1.2%
5Y DPS growth: -2.3%
Pay months: Jan, Mar, May, Jul, Sep

CIG-C dividend history

Frequently Asked Questions About CIG-C

What is CIG-C's current dividend yield?

Energy of Minas Gerais Co DRC (CIG-C) has a forward dividend yield of 5.09%.

Does CIG-C pay dividends?

Yes, Energy of Minas Gerais Co DRC pays dividends with a forward dividend yield of 5.09%.

What is CIG-C's P/E ratio?

Energy of Minas Gerais Co DRC has a price-to-earnings (P/E) ratio of 59.53.

What is CIG-C's market cap?

Energy of Minas Gerais Co DRC (CIG-C) has a market capitalization of $9.98B with a current stock price of $3.41.

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