In the latest trading session,, 0.99 million Cia Energetica DE Minas Gerais – Cemig ADR (NYSE:CIG) shares changed hands as the company’s beta touched 1.02. With the company’s most recent per share price at $1.84 changing hands around $0.0 or 0.00% at last look, the market valuation stands at $3.50B. CIG’s current price is a discount, trading about -12.5% off its 52-week high of $2.07. The share price had its 52-week low at $1.59, which suggests the last value was 13.59% up since then. When we look at Cia Energetica DE Minas Gerais – Cemig ADR’s average trading volume, we note the 10-day average is 2.62 million shares, with the 3-month average coming to 3.89 million.
Analysts gave the Cia Energetica DE Minas Gerais – Cemig ADR (CIG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.56. If we narrow down to specifics, the data shows that 1 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended CIG as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.
Cia Energetica DE Minas Gerais – Cemig ADR (NYSE:CIG) trade information
The company’s shares are showing year-to-date upside of 5.89%, with the 5-day performance at -1.08% in the red. However, in the 30-day time frame, Cia Energetica DE Minas Gerais – Cemig ADR (NYSE:CIG) is -3.16% down. Looking at the short shares, we see there were 1.37 million shares sold at short interest cover period of 0.44 days.
The consensus price target for the stock as assigned by Wall Street analysts is 2.1, meaning bulls need an upside of 12.38% from its recent market value. According to analyst projections, CIG’s forecast low is 2.1 with 2.1 as the target high. To hit the forecast high, the stock’s price needs a -14.13% plunge from its current level, while the stock would need to soar -14.13% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 11.17%. The 2025 estimates are for Cia Energetica DE Minas Gerais – Cemig ADR earnings to decrease by -46.78%, but the outlook for the next 5-year period is at -21.32% per year.
CIG Dividends
Cia Energetica DE Minas Gerais – Cemig ADR is expected to release its next quarterly earnings report on 2025-May-14. The 7.89% annual yield figure for the share gives it an annual dividend of 0.15. It is important to note, however, that the 7.89% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 7.1 per year.
Cia Energetica DE Minas Gerais – Cemig ADR (NYSE:CIG)’s Major holders
The share float percentage for the stock currently stands at 8.39%. There are 8.39% institutions holding the Cia Energetica DE Minas Gerais – Cemig ADR stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 0.7037% of the shares, roughly 20.13 million CIG shares worth $35.43 million.
POLUNIN CAPITAL PARTNERS LTD holds the second largest percentage of outstanding shares, with 0.5956% or 17.04 million shares worth $29.99 million as of 2024-06-30.
Among Mutual Funds, the top two as of Apr 30, 2025 were SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Emerging Markets ETF and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund . With 5.55 shares estimated at $10.21 million under it, the former controlled 0.29% of total outstanding shares. On the other hand, VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund held about 0.27% of the shares, roughly 5.2 shares worth around $9.56 million.
