Nama's AI scorecard currently rates Companhia Energética de Minas Gerais - CEMIG Hold (5.6 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.

What is CIG's P/E ratio?

Companhia Energética de Minas Gerais - CEMIG trades at a trailing price-to-earnings ratio of 6.2.

When does CIG report earnings?

Companhia Energética de Minas Gerais - CEMIG's next scheduled report is on Nov 12, 2026. Analysts expect EPS of $0.05.

What is the CIG price target?

The median analyst price target from 3 analysts is $2.25, with a range of $1.80 – $2.60.

Is CIG Shariah compliant?

Nama's AAOIFI-style screen reads Companhia Energética de Minas Gerais - CEMIG as Not Shariah Compliant. At least one of the three ratios or the industry test failed.

Does CIG pay a dividend?

Yes — Companhia Energética de Minas Gerais - CEMIG's dividend yield is 8.1%.

Nama Insights

Companhia Energética de Minas Gerais - CEMIG (CIG)

Utilities · Utilities Regulated Electric · NYSE

Companhia Energética de Minas Gerais - CEMIG (CIG) is a Utilities company in the Utilities Regulated Electric industry. It has a market capitalization of $5.32B, a trailing price-to-earnings ratio of 6.2 and a free-cash-flow yield of 10.2%. Over the most recent reported fiscal year, revenue grew 7.4% and free cash flow per share fell 34.5%. Nama's AI scorecard rates it Hold, 5.6 out of 10. On 12-month momentum it ranks in the middle band of its market.

AI scorecard

Hold · 5.6/10

The sections balance. As of Nov 7, 2026.

Momentum

Middle · +6.4% over 12 months ex. last

Middle fifth of its market on the past year's move.

Shariah screen

Not Shariah Compliant

At least one of the three ratios or the industry test failed.

Off its high

-32.6%

How far the last close sits under the highest price of the past five years.

Market cap	$5.32B
Trailing P/E	6.2
Price / book	1.0
Price / sales	0.7
FCF yield	10.2%
Dividend yield	8.1%
Gross margin	15.3%
Operating margin	15.2%
Net margin	10.6%
Revenue growth (YoY)	+7.4%
Revenue growth (3-yr annual)	+10.4%
EPS growth (YoY)	—
FCF/share growth (YoY)	-34.5%
Beta	0.1
Exchange	NYSE
Sector	Utilities
Industry	Utilities Regulated Electric

CIG earnings

Next report: Nov 12, 2026 (Q3 2026, EPS estimate $0.05). Beat the EPS estimate in 3 of 4 recent quarters.

Quarter	Reported	EPS	Estimate	Surprise	Revenue
Q2 2026	Aug 13, 2026	$0.06	$0.05	+20.0%	$2.02B
Q1 2026	May 7, 2026	$0.07	$0.05	+40.0%	$1.90B
Q4 2025	Mar 19, 2026	$0.12	$0.05	+140.0%	$2.13B
Q3 2025	Nov 12, 2025	$0.05	$0.07	-28.6%	$1.94B

CIG analyst price target

Median target $2.25 from 3 analysts, ranging $1.80 – $2.60.

Utilities Regulated Electric peers

Ticker	Company	Market cap	P/E
NEE	NextEra Energy	$182.36B	21.6
SO	Southern	$107.51B	18.7
DUK	Duke Energy	$99.63B	18.6
NGG	National Grid	$83.60B	—
AEP	American Electric Power	$68.90B	19.7
D	Dominion Energy	$60.34B	18.5
ETR	Entergy	$52.82B	25.2
XEL	Xcel Energy	$51.14B	18.4

Explore live CIG data on Nama Insights →

CIG FAQ

Is CIG a buy?: Nama's AI scorecard currently rates Companhia Energética de Minas Gerais - CEMIG Hold (5.6 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is CIG's P/E ratio?: Companhia Energética de Minas Gerais - CEMIG trades at a trailing price-to-earnings ratio of 6.2.
When does CIG report earnings?: Companhia Energética de Minas Gerais - CEMIG's next scheduled report is on Nov 12, 2026. Analysts expect EPS of $0.05.
What is the CIG price target?: The median analyst price target from 3 analysts is $2.25, with a range of $1.80 – $2.60.
Is CIG Shariah compliant?: Nama's AAOIFI-style screen reads Companhia Energética de Minas Gerais - CEMIG as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does CIG pay a dividend?: Yes — Companhia Energética de Minas Gerais - CEMIG's dividend yield is 8.1%.