C
Companhia Energética de Minas Gerais - CEMIG CIGC
$3.11 $0.04511.47%
Recommendation
Prev Close
Volume
Avg Vol (90D)
Market Cap
Dividend & Yield
52-Week Range
P/E (TTM)
EPS (TTM)
C
Hold 4/11/2024Upgraded
Companhia Energética de Minas Gerais - CEMIG (CIGC) was upgraded to C+ from C on 4/11/2024 due to an increase in the dividend index, efficiency index and valuation index. Net income increased 50.23% from $253.56M to $380.92M.
C
Hold 2/5/2024Downgrade
Companhia Energética de Minas Gerais - CEMIG (CIGC) was downgraded to C from C+ on 2/5/2024 due to a decline in the total return index, volatility index and efficiency index.
C
Hold 1/16/2024Downgrade
Companhia Energética de Minas Gerais - CEMIG (CIGC) was downgraded to C+ from B- on 1/16/2024 due to a decline in the volatility index, total return index and solvency index.
B
Buy 12/12/2023Downgrade
Companhia Energética de Minas Gerais - CEMIG (CIGC) was downgraded to B- from B on 12/12/2023 due to a decline in the total return index and solvency index.
B
Buy 11/15/2023Upgraded
Companhia Energética de Minas Gerais - CEMIG (CIGC) was upgraded to B from B- on 11/15/2023 due to an increase in the efficiency index, volatility index and solvency index. Net income increased 0.87% from $251.36M to $253.56M.
B
Buy 11/1/2023Downgrade
Companhia Energética de Minas Gerais - CEMIG (CIGC) was downgraded to B- from B on 11/1/2023 due to a significant decline in the total return index, efficiency index and volatility index. Net income declined 6.54% from $268.97M to $251.36M.
B
Buy 6/5/2023Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to B from B- on 6/5/2023 due to a noticeable increase in the total return index, valuation index and volatility index.
B
Buy 5/19/2023Downgrade
Companhia Energética de Minas Gerais (CIGC) was downgraded to B- from B on 5/19/2023 due to a decline in the dividend index, valuation index and solvency index. The quick ratio declined from 1.04 to 1.02.
B
Buy 4/28/2023Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to B from B- on 4/28/2023 due to a noticeable increase in the total return index, volatility index and solvency index.
B
Buy 3/28/2023Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to B- from C+ on 3/28/2023 due to an increase in the dividend index, valuation index and efficiency index. Net income increased 18.65% from $225.47M to $267.52M, and total capital increased 2.46% from $6.04B to $6.19B.
C
Hold 11/30/2022Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to C+ from C on 11/30/2022 due to a significant increase in the growth index, valuation index and efficiency index. Net income increased 2,136.36% from $10.08M to $225.45M, earnings per share increased from $0.0046 to $0.1025, and EBIT increased 116.75% from $109.3M to $236.9M.
C
Hold 8/29/2022Downgrade
Companhia Energética de Minas Gerais (CIGC) was downgraded to C from C+ on 8/29/2022 due to a substantial decline in the growth index, valuation index and solvency index. EBIT declined 121.76% from $275.03M to -$59.84M, earnings per share declined from $0.1268 to $0.0046, and debt to equity increased from 0.44 to 0.59.
C
Hold 5/25/2022Downgrade
Companhia Energética de Minas Gerais (CIGC) was downgraded to C+ from B- on 5/25/2022 due to a decline in the dividend index.
B
Buy 4/18/2022Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to B- from C+ on 4/18/2022 due to a major increase in the total return index, dividend index and efficiency index. Net income increased 114.03% from $80.52M to $172.34M.
C
Hold 6/14/2021Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to C+ from C on 6/14/2021 due to an increase in the total return index, solvency index and volatility index.
C
Hold 5/21/2021Downgrade
Companhia Energética de Minas Gerais (CIGC) was downgraded to C from C+ on 5/21/2021 due to a decline in the dividend index and total return index.
C
Hold 5/3/2021Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to C+ from C on 5/3/2021 due to a large increase in the total return index, dividend index and solvency index. Debt to equity declined from 0.98 to 0.83.
C
Hold 11/30/2020Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to C from C- on 11/30/2020 due to an increase in the volatility index, total return index and solvency index.
C
Hold 11/20/2020Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to C- from D+ on 11/20/2020 due to a large increase in the valuation index, growth index and efficiency index. Operating cash flow increased 51.34% from $322.84M to $488.57M, EBIT increased 20.07% from $186.65M to $224.11M, and total revenue increased 7.11% from $1.11B to $1.18B.
D
Sell 11/19/2020Downgrade
Companhia Energética de Minas Gerais (CIGC) was downgraded to D+ from C- on 11/19/2020 due to a decline in the total return index, valuation index and growth index.
C
Hold 10/30/2020Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to C- from D+ on 10/30/2020 due to an increase in the volatility index.
D
Sell 10/15/2020Downgrade
Companhia Energética de Minas Gerais (CIGC) was downgraded to D+ from C- on 10/15/2020 due to a decline in the volatility index, valuation index and total return index.
C
Hold 9/30/2020Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to C- from D+ on 9/30/2020 due to an increase in the volatility index and valuation index.
D
Sell 9/10/2020Downgrade
Companhia Energética de Minas Gerais (CIGC) was downgraded to D+ from C- on 9/10/2020 due to a decline in the volatility index, valuation index and growth index.
C
Hold 8/25/2020Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to C- from D+ on 8/25/2020 due to an increase in the growth index, solvency index and volatility index. Earnings per share increased from -$0.0085 to $0.1342, debt to equity declined from 1.17 to 0.96, and the quick ratio increased from 1.06 to 1.18.
D
Sell 8/12/2020Downgrade
Companhia Energética de Minas Gerais (CIGC) was downgraded to D+ from C- on 8/12/2020 due to a decline in the volatility index.
C
Hold 7/28/2020Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to C- from D+ on 7/28/2020 due to an increase in the volatility index, total return index and solvency index.
D
Sell 5/22/2020Downgrade
Companhia Energética de Minas Gerais (CIGC) was downgraded to D+ from C on 5/22/2020 due to a noticeable decline in the volatility index, total return index and growth index. Earnings per share declined from $0.0829 to -$0.0088, and total revenue declined 12.13% from $1.55B to $1.36B.
C
Hold 11/19/2018Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to C from C- on 11/19/2018 due to a noticeable increase in the total return index, volatility index and solvency index.
C
Hold 10/4/2018Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to C- from D+ on 10/4/2018 due to an increase in the volatility index.
D
Sell 7/12/2018Downgrade
Companhia Energética de Minas Gerais (CIGC) was downgraded to D+ from C- on 7/12/2018 due to a decline in the total return index and valuation index.
C
Hold 6/20/2018Upgraded
Companhia Energética de Minas Gerais S.A. (CIGC) was upgraded to C- from D+ on 6/20/2018 due to an increase in the growth index.
D
Sell 6/5/2018Downgrade
Companhia Energética de Minas Gerais S.A. (CIGC) was downgraded to D+ from C- on 6/5/2018 due to a decline in the volatility index and total return index.
C
Hold 5/25/2018Downgrade
Companhia Energética de Minas Gerais S.A. (CIGC) was downgraded to C- from C on 5/25/2018 due to a noticeable decline in the growth index, total return index and volatility index. EBIT declined 57.27% from $531.63M to $227.15M, and total revenue declined 24.7% from $2.02B to $1.52B.
C
Hold 4/11/2018Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to C from D+ on 4/11/2018 due to a large increase in the growth index, valuation index and solvency index. EBIT increased 4,302.57% from -$11.72M to $492.39M, the quick ratio increased from 0.51 to 0.93, and total revenue increased 24.31% from $1.62B to $2.02B.
D
Sell 12/6/2017Downgrade
Companhia Energética de Minas Gerais (CIGC) was downgraded to D+ from C- on 12/6/2017 due to a decline in the valuation index, solvency index and volatility index.
C
Hold 11/17/2017Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to C- from D+ on 11/17/2017 due to an increase in the solvency index. Debt to equity declined from 1.13 to 1.06.
D
Sell 10/24/2017Downgrade
Companhia Energética de Minas Gerais (CIGC) was downgraded to D+ from C- on 10/24/2017 due to a decline in the total return index and volatility index.
C
Hold 10/9/2017Upgraded
Companhia Energética de Minas Gerais (CIGC) was upgraded to C- from D+ on 10/9/2017 due to an increase in the valuation index, total return index and volatility index.
D
Sell 7/26/2017Downgrade
Companhia Energética de Minas Gerais (CIGC) was downgraded to D+ from C- on 7/26/2017 due to a decline in the volatility index, total return index and valuation index.
C
Hold 6/1/2017Downgrade
Companhia Energética de Minas Gerais (CIGC) was downgraded to C- from C on 6/1/2017 due to a decline in the dividend index, total return index and volatility index.
C
Hold 5/10/2017Upgraded
Companhia Energética de Minas Gerais S.A. (CIGC) was upgraded to C from C- on 5/10/2017 due to a noticeable increase in the efficiency index and dividend index.
C
Hold 4/21/2017Downgrade
Companhia Energética de Minas Gerais S.A. (CIGC) was downgraded to C- from C on 4/21/2017 due to a noticeable decline in the valuation index, efficiency index and growth index. Operating cash flow declined 237.73% from $288.28M to -$397.05M, net income declined 169.66% from $133.51M to -$93.01M, and earnings per share declined from $0.1061 to -$0.0097.
C
Hold 2/22/2017Upgraded
Companhia Energética de Minas Gerais S.A. (CIGC) was upgraded to C from C- on 2/22/2017 due to an increase in the volatility index and total return index.
C
Hold 2/1/2017Upgraded
Companhia Energética de Minas Gerais S.A. (CIGC) was upgraded to C- from D+ on 2/1/2017 due to an increase in the total return index and volatility index.
D
Sell 1/11/2017Downgrade
Companhia Energética de Minas Gerais S.A. (CIGC) was downgraded to D+ from C- on 1/11/2017 due to a decline in the total return index and valuation index.
C
Hold 12/27/2016Upgraded
Companhia Energética de Minas Gerais S.A. (CIGC) was upgraded to C- from D+ on 12/27/2016 due to an increase in the total return index and valuation index.
D
Sell 12/2/2016Downgrade
Companhia Energética de Minas Gerais S.A. (CIGC) was downgraded to D+ from C- on 12/2/2016 due to a decline in the volatility index, total return index and growth index.
C
Hold 11/7/2016Downgrade
Companhia Energética de Minas Gerais S.A. (CIGC) was downgraded to C- from C on 11/7/2016 due to a decline in the total return index and valuation index.
C
Hold 10/21/2016Upgraded
Companhia Energética de Minas Gerais S.A. (CIGC) was upgraded to C from C- on 10/21/2016 due to a major increase in the total return index, valuation index and volatility index.
C
Hold 8/12/2016Upgraded
Companhia Energética de Minas Gerais S.A. (CIGC) was upgraded to C- from D+ on 8/12/2016 due to a noticeable increase in the growth index, volatility index and total return index. Earnings per share increased from $0.001 to $0.0458, operating cash flow increased 82.25% from $154.15M to $280.94M, and total revenue increased 18.49% from $1.14B to $1.36B.
D
Sell 7/12/2016Upgraded
Companhia Energética de Minas Gerais S.A. (CIGC) was upgraded to D+ from D on 7/12/2016 due to an increase in the volatility index and total return index.
D
Sell 5/16/2016Downgrade
Companhia Energética de Minas Gerais S.A. (CIGC) was downgraded to D from D+ on 5/16/2016 due to a decline in the dividend index, efficiency index and valuation index. Net income declined 98.35% from $79.51M to $1.32M.
D
Sell 4/18/2016Upgraded
Companhia Energética de Minas Gerais S.A. (CIGC) was upgraded to D+ from D on 4/18/2016 due to an increase in the dividend index, solvency index and total return index.
D
Sell 3/11/2016Downgrade
Companhia Energética de Minas Gerais S.A. (CIGC) was downgraded to D from C on 3/11/2016 due to a substantial decline in the volatility index, total return index and solvency index. Debt to equity increased from 0.93 to 1.09.
C
Hold 8/28/2015Downgrade
Companhia Energética de Minas Gerais S.A. (CIGC) was downgraded to C from C+ on 8/28/2015 due to a large decline in the growth index and total return index. Earnings per share declined from $0.4123 to $0.138, EBIT declined 36.01% from $513.45M to $328.56M, and total revenue declined 14.22% from $2.04B to $1.75B.
C
Hold 5/15/2015Downgrade
Companhia Energética de Minas Gerais S.A. (CIGC) was downgraded to C+ from B- on 5/15/2015 due to a decline in the dividend index, solvency index and valuation index.
B
Buy 4/2/2015Upgraded
Companhia Energética de Minas Gerais S.A. (CIGC) was upgraded to B- from C on 4/2/2015 due to a noticeable increase in the growth index, dividend index and valuation index. Earnings per share increased from $0.0101 to $0.3482, EBIT increased 237.02% from $173.26M to $583.92M, and total revenue increased 44.97% from $1.68B to $2.44B.
C
Hold 11/21/2014Downgrade
Companhia Energética de Minas Gerais S.A. (CIGC) was downgraded to C from B- on 11/21/2014 due to a major decline in the growth index, total return index and solvency index. Earnings per share declined from $0.2638 to $0.0101, EBIT declined 70.81% from $593.56M to $173.26M, and operating cash flow declined 33.35% from $701.26M to $467.37M.
B
Buy 11/4/2014Downgrade
Companhia Energética de Minas Gerais S.A. (CIGC) was downgraded to B- from B on 11/4/2014 due to a decline in the volatility index, total return index and solvency index.
B
Buy 10/20/2014Upgraded
Companhia Energética de Minas Gerais S.A. (CIGC) was upgraded to B from B- on 10/20/2014 due to an increase in the volatility index, solvency index and total return index.
B
Buy 10/3/2014Downgrade
Companhia Energética de Minas Gerais S.A. (CIGC) was downgraded to B- from B on 10/3/2014 due to a large decline in the volatility index, total return index and solvency index.
B
Buy 9/15/2014Downgrade
Companhia Energética de Minas Gerais S.A. (CIGC) was downgraded to B from B+ on 9/15/2014 due to a noticeable decline in the volatility index and solvency index.
B
Buy 9/10/2014Downgrade
Companhia Energética de Minas Gerais S.A. (CIGC) was downgraded to B+ from A- on 9/10/2014 due to a decline in the total return index and solvency index.
A
Buy 8/25/2014Upgraded
Companhia Energética de Minas Gerais S.A. (CIGC) was upgraded to A- from B+ on 8/25/2014 due to a noticeable increase in the total return index.
B
Buy 6/13/2014Upgraded
Companhia Energética de Minas Gerais S.A. (CIGC) was upgraded to B+ from B on 6/13/2014 due to a major increase in the volatility index, growth index and solvency index. EBIT increased 182.71% from $271.23M to $766.8M, earnings per share increased from $0.291 to $0.4203, and debt to equity declined from 0.78 to 0.65.
B
Buy 5/1/2014Upgraded
Companhia Energética de Minas Gerais S.A. (CIGC) was upgraded to B from B- on 5/1/2014 due to a noticeable increase in the volatility index, solvency index and growth index.
B
Buy 3/28/2014Upgraded
Companhia Energética de Minas Gerais S.A. (CIGC) was upgraded to B- from C+ on 3/28/2014 due to a large increase in the growth index, solvency index and dividend index. Operating cash flow increased 21.24% from $312.46M to $378.82M, total revenue increased 12.44% from $1.55B to $1.74B, and earnings per share increased from $0.2742 to $0.291.
Weiss Ratings