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
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1.41 BRL
7.12 B BRL
39.82 B BRL
362.41 M
About Companhia Energetica de Minas Gerais SA
Sector
Industry
CEO
Reynaldo Passanezi Filho
Website
Headquarters
Belo Horizonte
Founded
1952
ISIN
BRCMIGACNOR6
FIGI
BBG000BCFVY8
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.
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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
Buy $CIG - NRPicks 13 AgoCompanhia Energetica de Minas Gerais, through its subsidiaries, is engaged in the generation, transmission, distribution and sale of energy in Brazil. The company operates 89 hydroelectric and solar plants with an installed capacity of 6K MW; 339K miles of distribution lines.
Revenue TTM 4.6B
Net I
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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 CMIG3 is 14.61 BRL — it has decreased by −0.35% 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 CMIG3.
CMIG3 stock has risen by 0.77% compared to the previous week, the month change is a 4.42% rise, over the last year Companhia Energetica de Minas Gerais SA has showed a 0.76% increase.
We've gathered analysts' opinions on Companhia Energetica de Minas Gerais SA future price: according to them, CMIG3 price has a max estimate of 12.50 BRL and a min estimate of 12.50 BRL. Watch CMIG3 chart and read a more detailed Companhia Energetica de Minas Gerais SA stock forecast: see what analysts think of Companhia Energetica de Minas Gerais SA and suggest that you do with its stocks.
CMIG3 reached its all-time high on May 29, 2025 with the price of 19.01 BRL, and its all-time low was 3.04 BRL and was reached on Jun 22, 2018. View more price dynamics on CMIG3 chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
CMIG3 stock is 2.30% volatile and has beta coefficient of 0.32. 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 41.39 B, it has increased by 3.34% 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 Mar 19, 2026. Keep track of upcoming events with our Earnings Calendar.
CMIG3 earnings for the last quarter are 0.36 BRL per share, whereas the estimation was 0.36 BRL resulting in a 0.00% surprise. The estimated earnings for the next quarter are 0.36 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 10.62 B BRL, despite the estimated figure of 10.02 B BRL. In the next quarter, revenue is expected to reach 10.98 B BRL.
CMIG3 net income for the last quarter is 796.27 M BRL, while the quarter before that showed 1.19 B BRL of net income which accounts for −32.95% 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 12.31% in 2024, and payout ratio reached 72.41%. The year before the numbers were 10.58% and 61.09% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 17, 2025, the company has 5.03 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 7.44 B BRL, and current EBITDA margin is 20.30%. See more stats in Companhia Energetica de Minas Gerais SA financial statements.
Like other stocks, CMIG3 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 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 buy signal. See more of Companhia Energetica de Minas Gerais SA technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.









