CIG-C
Companhia Energética de Minas Gerais - CEMIG
NYSEUSDEQUITY
Utilities
DELAYED
Strong buy
+62/100
Last price
3.51
▼ 0.10 (2.74%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
—
Prev close
3.61
Day high
3.55
Day low
3.51
Volume
1.08K
Market cap
$10.04B
P/E (TTM)
11.32
52W range
2.35 – 4.00
Trailing performance
Returnvs SPY
1W
+10.38%
+8.4%
1M
+7.01%
+5.9%
3M
+14.62%
+10.1%
6M
+5.09%
-13.1%
YTD
+35.26%
+21.0%
1Y
+35.00%
+18.6%
3Y
+15.52%
-66.7%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on CIG-C open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
0
Total on file
Fundamentals
Market cap$10.04B
Enterprise value$29.71B
Revenue (TTM)$43.74B
Gross profit$4.87B
EBITDA$7.89B
Net income$4.60B
EPS (TTM)$0.31
Free cash flow$-3.18B
Total cash$3.08B
Total debt$22.75B
Book value / share$1.95
Shares outstanding956.60M
Float2.37B
Short % of float0.00%
Dividend yield4.17%
Beta (5Y)0.06
Valuation & profitability ratios
Trailing P/E11.32
Forward P/E—
PEG ratio0.33
Price / sales—
Price / book1.80
EV / revenue0.68
EV / EBITDA3.77
Gross margin11.14%
Operating margin15.58%
Profit margin10.51%
Return on equity15.94%
Return on assets5.94%
Debt / equity77.95
Current ratio1.17
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $42.75B | $39.82B | $36.85B | $31.80B | +7.4% |
| Operating revenue | $52.13B | $49.52B | $45.50B | $43.70B | +5.3% |
| Cost of revenue | $35.51B | $31.99B | $28.47B | $27.65B | +11.0% |
| Gross profit | $7.24B | $7.83B | $8.38B | $4.15B | -7.6% |
| Selling, general & admin | $124.00M | $1.26B | $1.43B | $1.41B | -90.2% |
| Total operating expense | $909.00M | -$113.00M | $2.17B | $3.30B | +904.4% |
| Operating income | $6.33B | $7.94B | $6.21B | $3.52B | -20.3% |
| Net interest income | -$1.35B | -$845.00M | -$680.00M | -$495.00M | -60.1% |
| Pre-tax income | $5.67B | $9.36B | $6.85B | $4.12B | -39.4% |
| Tax provision | $771.00M | $2.24B | $1.08B | $26.00M | -65.6% |
| Net income | $4.90B | $7.12B | $5.76B | $4.09B | -31.2% |
| Net income to common | $4.90B | $7.12B | $5.76B | $4.09B | -31.2% |
| Basic EPS | 1.71 | 2.49 | 2.01 | 1.86 | -31.3% |
| Diluted EPS | 1.71 | 2.49 | 2.01 | 1.86 | -31.3% |
| EBIT | $7.17B | $10.35B | $7.86B | $5.05B | -30.7% |
| EBITDA | $8.71B | $11.72B | $9.14B | $6.23B | -25.7% |
| Basic shares | 2.86B | 2.86B | 2.86B | 2.86B | 0.0% |
| Diluted shares | 2.86B | 2.86B | 2.86B | 2.86B | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.90B | $1.90B | $1.54B | $1.44B | — | +0.2% |
| Cash & short-term investments | $4.34B | $3.45B | $3.13B | $4.24B | — | +25.9% |
| Accounts receivable | $5.79B | $5.60B | $5.43B | $4.77B | — | +3.6% |
| Total current assets | $14.48B | $12.23B | $11.87B | $13.46B | — | +18.4% |
| Property, plant & equipment | $4.56B | $4.10B | $3.65B | $2.74B | — | +11.2% |
| Goodwill & intangibles | $18.55B | $16.81B | $15.25B | $14.62B | — | +10.4% |
| Total assets | $67.03B | $59.73B | $55.00B | $53.67B | — | +12.2% |
| Total current liabilities | $14.46B | $14.15B | $13.09B | $11.20B | — | +2.2% |
| Current debt | $3.05B | $2.88B | $2.63B | $955.00M | — | +6.1% |
| Long-term debt | $16.41B | $9.40B | $7.20B | $9.63B | — | +74.6% |
| Total debt | $19.88B | $12.71B | $10.26B | $10.94B | — | +56.4% |
| Total liabilities | $38.45B | $32.34B | $30.34B | $31.89B | — | +18.9% |
| Retained earnings | — | — | $0 | $0 | $0 | — |
| Shareholder equity | $28.58B | $27.38B | $24.65B | $21.78B | — | +4.4% |
| Working capital | $16.00M | -$1.91B | -$1.22B | $2.26B | — | +100.8% |
| Net tangible assets | $10.03B | $10.57B | $9.40B | $7.16B | — | -5.1% |
| Shares issued | 2.86B | 2.86B | 2.86B | 2.86B | — | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $4.90B | $7.12B | $5.77B | $4.09B | -31.2% |
| Depreciation & amortisation | $1.53B | $1.38B | $1.27B | $1.18B | +11.4% |
| Change in working capital | -$584.00M | $453.00M | $1.06B | $3.07B | -228.9% |
| Operating cash flow | $4.08B | $5.50B | $6.65B | $6.54B | -25.8% |
| Capital expenditure | -$1.08B | -$919.00M | -$1.26B | -$292.00M | -17.3% |
| Investing cash flow | -$6.66B | -$2.38B | -$3.97B | -$3.14B | -180.4% |
| Dividends paid | $0 | $0 | $0 | -$2.09B | — |
| Financing cash flow | $2.59B | -$2.76B | -$2.58B | -$2.79B | +193.9% |
| Free cash flow | $3.00B | $4.58B | $5.38B | $6.25B | -34.5% |
| End cash position | $1.90B | $1.90B | $1.54B | $1.44B | +0.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $11.01B | $10.34B | $11.59B | $10.53B | $10.67B | — | +6.4% |
| Operating revenue | $13.74B | $13.08B | $14.15B | $12.97B | $12.88B | — | +5.0% |
| Cost of revenue | $9.20B | $8.75B | $9.86B | $9.02B | $8.59B | — | +5.2% |
| Gross profit | $1.80B | $1.59B | $1.74B | $1.51B | $2.08B | — | +13.3% |
| Selling, general & admin | $230.00M | $202.00M | -$684.47M | $195.33M | $178.00M | — | +13.9% |
| Total operating expense | -$94.98M | $282.37M | -$650.30M | $484.69M | $62.14M | — | -133.6% |
| Operating income | $1.90B | $1.31B | $2.39B | $1.02B | $2.02B | — | +45.0% |
| Net interest income | -$796.00M | -$338.00M | -$320.21M | -$312.00M | -$313.00M | — | -135.5% |
| Pre-tax income | $1.03B | $1.05B | $2.23B | $846.53M | $1.38B | — | -1.5% |
| Tax provision | $88.00M | $70.00M | $356.38M | $49.79M | $190.00M | — | +25.7% |
| Net income | $945.00M | $979.00M | $1.87B | $796.74M | $1.19B | — | -3.5% |
| Net income to common | $945.00M | $979.00M | $1.87B | $796.74M | $1.19B | — | -3.5% |
| Basic EPS | 0.33 | 0.34 | — | 0.28 | 0.42 | 0.36 | -3.5% |
| Diluted EPS | 0.33 | 0.34 | — | 0.28 | 0.42 | 0.36 | -3.5% |
| EBIT | $2.12B | $1.65B | $2.66B | $1.27B | $1.99B | — | +28.8% |
| EBITDA | $2.12B | $1.65B | $2.66B | $2.38B | $2.36B | — | +28.8% |
| Basic shares | 2.86B | 2.86B | — | 2.86B | 2.86B | 2.86B | 0.0% |
| Diluted shares | 2.86B | 2.86B | — | 2.86B | 2.86B | 2.86B | 0.0% |
| Line item | 2026-06-30 | 2025-12-31 | 2025-09-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $2.16B | $1.90B | $1.45B | $3.24B | +13.7% |
| Cash & short-term investments | $5.31B | $4.34B | $3.67B | $6.03B | +22.5% |
| Accounts receivable | $6.00B | $5.79B | $5.57B | $5.52B | +3.5% |
| Total current assets | $15.72B | $14.48B | $13.25B | $15.47B | +8.6% |
| Property, plant & equipment | $4.66B | $4.56B | $4.40B | $4.12B | +2.2% |
| Goodwill & intangibles | $19.74B | $18.55B | $18.02B | $17.09B | +6.4% |
| Total assets | $70.86B | $67.03B | $64.75B | $63.90B | +5.7% |
| Total current liabilities | $13.46B | $14.46B | $14.88B | $14.60B | -6.9% |
| Current debt | $1.52B | $3.05B | $2.98B | $2.64B | -50.2% |
| Long-term debt | $20.83B | $16.41B | $12.43B | $12.61B | +26.9% |
| Total debt | $22.75B | $19.88B | $15.84B | $15.66B | +14.4% |
| Total liabilities | $41.68B | $38.45B | $36.02B | $35.98B | +8.4% |
| Retained earnings | $638.11M | — | $1.29B | $500.00M | — |
| Shareholder equity | $29.18B | $28.58B | $28.73B | $27.91B | +2.1% |
| Working capital | $2.26B | $16.00M | -$1.64B | $869.00M | +14,006.8% |
| Net tangible assets | $9.44B | $10.03B | $10.71B | $10.83B | -5.8% |
| Shares issued | 2.86B | 2.86B | 2.86B | 2.86B | -0.0% |
| Line item | 2025-12-31 | 2025-09-30 | 2025-03-31 | YoY |
|---|---|---|---|---|
| Net income | -$352.02M | $3.02B | $1.04B | -111.6% |
| Depreciation & amortisation | -$309.24M | $1.11B | $364.00M | -127.9% |
| Operating cash flow | -$1.69B | $3.42B | $1.37B | -149.5% |
| Capital expenditure | — | -$4.42B | -$1.76B | — |
| Investing cash flow | $1.36B | -$4.75B | -$2.76B | +128.6% |
| Dividends paid | $1.77B | -$1.77B | $0 | +200.0% |
| Financing cash flow | $925.70M | $884.00M | $2.74B | +4.7% |
| Free cash flow | $2.03B | -$996.00M | -$390.00M | +303.5% |
| End cash position | $1.90B | $1.45B | $3.24B | +31.0% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $8.15B | -23.3% |
| Next quarter | — | — | $8.26B | -28.2% |
| Current year | — | — | $37.73B | -11.8% |
| Next year | — | — | $35.42B | -6.1% |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders0.00%
Held by institutions0.05%
Institutions holding20
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
3.28
+6.98% from price
SMA 20
3.31
+6.10% from price
SMA 50
3.17
+10.76% from price
SMA 100
3.14
+11.64% from price
SMA 200
3.10
+13.37% from price
EMA 12
3.32
+5.61% from price
EMA 26
3.27
+7.37% from price
EMA 50
3.22
+9.05% from price
RSI (14)
61.1
Neutral
MACD (12,26,9)
0.05
Hist 0.02
ATR (14)
0.12
3.52% of price
Realised vol 30D
49.4%
Annualised
Bollinger upper
3.53
20, 2σ
Bollinger lower
3.09
20, 2σ
50 / 200 cross
Golden
3.17 vs 3.10
Trend bias
Above 200
+13.37%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.56
Less volatile than market
Correlation to SPY
0.17
Largely independent
Realised vol 30D
49.4%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-28.3%
Peak to trough
Max drawdown 5Y
-38.7%
Peak to trough
ATR 14
0.12
3.52% of price
Beta (reported)
0.06
5Y monthly, from filing
Short interest
Shares short
711
Prior 186
Change vs prior
+282.3%
Shorts adding
% of float
0.00%
Normal
% of shares out
0.00%
Against total outstanding
Days to cover
0.2
Liquid
Float
2.37B
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Nov 14, 19 | Goldman Sachs | INITIATED | — | Buy |
Dividends & splits
Forward rate$0.15 / yr
Forward yield4.17%
5-year avg yield5.36%
Payout ratio79.48%
Ex-dividend dateSep 28, 2026
Next pay dateSep 9, 2024
Last split130:100
Split dateMay 24, 2024
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
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