CEMIG (CMIG4) COULD DROP -27% TO -40% AROUND R$7.30 TO R$5.70CMIG4 is about to break the structure at (9.81) after a swing failure pattern from its 2012 highs and rejection at the value area high (anchored volume profile from 2002 to today), with strong bearish divergences at the top. It is probably going to the region where the point of control is, alongside
Companhia Energetica de Minas Gerais SA
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Compare with Companhia Energetica de Minas Gerais SA
1.61 BRL
4.90 B BRL
42.75 B BRL
362.45 M
Next report date
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Company info
Sector
Industry
CEO
Reynaldo Passanezi Filho
Website
Headquarters
Belo Horizonte
Founded
1952
IPO date
Jun 30, 1971
ISIN
BRCMIGACNOR6
FIGI
BBG000BCFVY8
Identifiers
ISIN BRCMIGACNOR6
Companhia Energética de Minas Gerais SA engages in the generation, transmission, distribution and sale of electricity, gas distribution, telecommunications and the provision of energy solutions. It operates through the following segments: Generation and Sale, Transmission, Distribution, Gas, and Other Businesses. The Generation and Sale segment engages in the generation of electricity through hydroelectric plants, thermoelectric plants and wind farms. The Transmission segment engages in the electric power transmission business, which consists of transporting electric power from the facilities where it broadcasted to the distribution networks for delivery to final users. The Distribution segment engages in the supply electricity to consumers in the state of Minas Gerais. The Other Businesses segment engages in the telecommunications, national and international energy solutions, and exploitation of natural gas. The company was founded by Juscelino Kubitschek de Oliveira on May 22, 1952 and is headquartered in Belo Horizonte, Brazil.
CIG Breakout Alert: Deep Value Energy Play with 9% Upside Potent⚡ NYSE:CIG Trade Setup
Energy Company of Minas Gerais presents a rare combo of extreme undervaluation + technical breakout. Here's why it's on my radar:
📌 Trade Levels
▶ Entry: $1.88 (confirmed breakout)
🎯 Target: $2.05 (+9%)
🛑 Stop Loss: $1.82 (-3.2% risk)
⚖️ Risk/Reward: 1:3
Why CIG?
✅ Dirt Ch
Tenth day of decline - CMIG4 heading towards the TargetCMIG4 (R$ 10,06) walking to Target.
---> Mar 24 (CMIG4 = R$ 10,80)
CEMIG shares are showing a considerable decline in the coming months . Unofficial studies indicate a Submarket exposure of around 700 average MW, with a Long position in the Northeast submarket and a Short position in the Southeast
CEMIG shares show projections of considerable declineCEMIG shares are showing a considerable decline in the coming months . Unofficial studies indicate a Submarket exposure of around 700 average MW, with a Long position in the Northeast submarket and a Short position in the Southeast submarket for the year 2025. The effects of these exposures will sta
Long Brazil Energy CIGCompanhia Energetica de Minas Gerais CEMIG is a Brazil-based holding company engaged in the energy sector. The Company, through its interests in subsidiaries or jointly controlled entities, is engaged in the generation, transmission and distribution of electricity. The Generation division consists o
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current price of CMIG3F is 17.64 BRL — it has increased by 0.80% in the past 24 hours. Watch Companhia Energetica de Minas Gerais SA stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BMFBOVESPA exchange Companhia Energetica de Minas Gerais SA stocks are traded under the ticker CMIG3F.
CMIG3F stock has risen by 5.13% compared to the previous week, the month change is a 15.82% rise, over the last year Companhia Energetica de Minas Gerais SA has showed a 15.14% increase.
CMIG3F reached its all-time high on Apr 14, 2026 with the price of 19.94 BRL, and its all-time low was 2.18 BRL and was reached on Jan 20, 2016. View more price dynamics on CMIG3F chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
CMIG3F stock is 2.49% volatile and has beta coefficient of 1.03. Track Companhia Energetica de Minas Gerais SA stock price on the chart and check out the list of the most volatile stocks — is Companhia Energetica de Minas Gerais SA there?
Today Companhia Energetica de Minas Gerais SA has the market capitalization of 49.69 B, it has increased by 4.91% over the last week.
Yes, you can track Companhia Energetica de Minas Gerais SA financials in yearly and quarterly reports right on TradingView.
Companhia Energetica de Minas Gerais SA is going to release the next earnings report on Nov 12, 2026. Keep track of upcoming events with our Earnings Calendar.
CMIG3F earnings for the last quarter are 0.33 BRL per share, whereas the estimation was 0.24 BRL resulting in a 37.50% surprise. The estimated earnings for the next quarter are 0.24 BRL per share. See more details about Companhia Energetica de Minas Gerais SA earnings.
Companhia Energetica de Minas Gerais SA revenue for the last quarter amounts to 11.16 B BRL, despite the estimated figure of 9.24 B BRL. In the next quarter, revenue is expected to reach 9.46 B BRL.
CMIG3F net income for the last quarter is 945.03 M BRL, while the quarter before that showed 978.54 M BRL of net income which accounts for 0.00% change. Track more Companhia Energetica de Minas Gerais SA financial stats to get the full picture.
Companhia Energetica de Minas Gerais SA dividend yield was 8.35% in 2025, and payout ratio reached 71.74%. The year before the numbers were 12.31% and 72.41% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Sep 12, 2026, the company has 5.32 K employees. See our rating of the largest employees — is Companhia Energetica de Minas Gerais SA on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Companhia Energetica de Minas Gerais SA EBITDA is 7.16 B BRL, and current EBITDA margin is 17.68%. See more stats in Companhia Energetica de Minas Gerais SA financial statements.
Like other stocks, CMIG3F shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Companhia Energetica de Minas Gerais SA stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Companhia Energetica de Minas Gerais SA technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Companhia Energetica de Minas Gerais SA stock shows the strong buy signal. See more of Companhia Energetica de Minas Gerais SA technicals for a more comprehensive analysis.









