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Companhia Energética de Minas Gerais (CIG)

NYSE - Nasdaq Real Time Price. Currency in USD
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1.9600+0.0400 (+2.08%)
As of 11:23AM EDT. Market open.
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  • J
    Joe
    Q2 2020 Overview:
    EPS: 0.35 Expected vs. 0.50 Actual ( Surprise +40.45% )
    Revenue: 5.34B Expected vs. 5.93B Actual ( Surprise 11.22% )
  • S
    Scott
    1:1 Split on 8/13.
    I have not found if these were bonus shares (in lieu of dividends) or a dilution of shares which should have caused the price to cut in half. Sometimes, I've seen a Brazilian stock announce something but it does not take effect until a later date. Difficult to know whether this split was good or bad given the lack of information I see
  • J
    John
    What’s happening today with the stock?
  • E
    Edward Horton
    Folks CiG will go to $3 by December 2020! Bought an additional 10,000 shares this morning at a discount $2.18 per share, good quality company with a nice dividend
  • e
    erik
    Can’t find any news on this. Don’t know if to buy more or wait it out.
  • J
    Joe
    Any news about earnings, dividend and stock split? When?
  • D
    Dan
    I suppose when Brazil starts dealing with the virus for real there might be some upside in this stock
  • L
    LD
    Our time has come
  • P
    PETER
    Ratings looking good
  • L
    Luna
    thoughts!?
  • P
    Paul Cristian
    Any news?
  • B
    Briggs
    R$797 million net income on a float of 971 million shares equals earnings of about $0.20 at current exchange rates. With good YOY comps. Short term volatility, but trend and earnings look very good long term. If Zima can get the state out of the business I could see a quick run to $5
  • R
    RP
    Bonus Money!
    Received this notice from my broker:
    This is a reminder about the upcoming CIG dividend distribution.

    Payment amount per share $0.0142 USD

    Payment date December 13, 2017

    Record date December 11, 2017

    Ex-dividend date December 8, 2017
    What this means
    You will receive the dividend payment if you hold CIG prior to the ex-dividend date and do not sell CIG until on or after the ex-dividend date.
  • R
    RP
    Dividend Announcement!
    Just received this announcement from my broker:
    Dividend Distribution Announcement

    CIG has announced the following dividend1 distribution:

    Payment amount per share $0.1495 USD

    Record date May 3, 2018

    Ex-dividend date May 2, 2018
    What this means
    You will receive the dividend payment if you hold CIG prior to the ex-dividend date and do not sell CIG until on or after the ex-dividend date.

    Regular cash dividends will be reflected in your account on the payment date. Stock dividends and dividend reinvestments can take up to five business days. Interested in learning more about dividend distributions?
  • E
    Edward Horton
    Purchased 7,800 CIG shares this morning at $1.74 per share, nice dividend, and there is growth potential with this company, very undervalued, should be a $3 stock at least, going to hold onto this baby in my SEP IRA Account
  • K
    Kevin
    Any new news?
  • L
    Linda
    Plane crash Jerry's theme song..."I'm only happy when it rains..." He has no idea what to say when stock goes up.
  • B
    Briggs
    upbeat research note from JPMorgan. Target price 16 reais, or about $4.20.
  • B
    Briggs
    CEMIG offices raided by police this morning. Suspicion of embezzlement of roughly $10M. Presumably prior to the recent elections with the company was loaded with socialist Workers' Party appointees. The new governor, Zema, is still talking up sale of assets and eventual privatization later this year. May use this an example of why the state should not be involved in this company. Being fully in the public market would presumably make their accounting more transparent and accountable.
  • K
    Keith
    It beats last quarter earning estimate and rated a BUY.