--- title: "Comp En De Mn Cemig ADS (NYSE:CIG) Reaches New 12-Month High - Still a Buy?" description: "Comp En De Mn Cemig ADS (NYSE:CIG) reached a new 52-week high of $2.31, closing at $2.3050 with a trading volume of 5,199,712 shares. Analysts have a consensus rating of \"Reduce\" with Weiss Ratings ma" type: "news" locale: "en" url: "https://longbridge.com/en/news/276521178.md" published_at: "2026-02-21T23:39:02.000Z" --- # Comp En De Mn Cemig ADS (NYSE:CIG) Reaches New 12-Month High - Still a Buy? > Comp En De Mn Cemig ADS (NYSE:CIG) reached a new 52-week high of $2.31, closing at $2.3050 with a trading volume of 5,199,712 shares. Analysts have a consensus rating of "Reduce" with Weiss Ratings maintaining a "hold (c+)". The company reported $0.16 EPS for the last quarter and declared a special dividend of $0.0264. Institutional investors have increased their stakes in the company, which operates in the Brazilian energy sector, focusing on electricity generation and distribution. Comp En De Mn Cemig ADS (NYSE:CIG - Get Free Report)'s stock price reached a new 52-week high on Saturday . The stock traded as high as $2.31 and last traded at $2.3050, with a volume of 5199712 shares. The stock had previously closed at $2.25. ## Wall Street Analysts Forecast Growth Separately, Weiss Ratings reiterated a "hold (c+)" rating on shares of Comp En De Mn Cemig ADS in a research note on Monday, December 29th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Reduce". **Get Our Latest Report on CIG** ## Comp En De Mn Cemig ADS Stock Performance The stock's 50-day simple moving average is $2.09 and its 200-day simple moving average is $2.06. The stock has a market cap of $6.60 billion, a price-to-earnings ratio of 11.53 and a beta of 0.90. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.44. Comp En De Mn Cemig ADS (NYSE:CIG - Get Free Report) last released its earnings results on Tuesday, January 20th. The utilities provider reported $0.16 earnings per share (EPS) for the quarter. Comp En De Mn Cemig ADS had a return on equity of 14.96% and a net margin of 9.45%. Analysts forecast that Comp En De Mn Cemig ADS will post 0.44 earnings per share for the current fiscal year. ## Comp En De Mn Cemig ADS Announces Dividend The business also recently declared a special dividend, which was paid on Wednesday, January 7th. Stockholders of record on Monday, December 29th were paid a $0.0264 dividend. The ex-dividend date was Monday, December 29th. Comp En De Mn Cemig ADS's dividend payout ratio (DPR) is presently 85.00%. ## Hedge Funds Weigh In On Comp En De Mn Cemig ADS A number of institutional investors and hedge funds have recently bought and sold shares of the company. Compound Planning Inc. lifted its holdings in Comp En De Mn Cemig ADS by 47.3% during the 4th quarter. Compound Planning Inc. now owns 57,919 shares of the utilities provider's stock worth $116,000 after buying an additional 18,586 shares during the period. Corient Private Wealth LLC lifted its stake in shares of Comp En De Mn Cemig ADS by 0.8% in the fourth quarter. Corient Private Wealth LLC now owns 594,303 shares of the utilities provider's stock worth $1,190,000 after acquiring an additional 4,800 shares during the period. EP Wealth Advisors LLC bought a new stake in Comp En De Mn Cemig ADS in the fourth quarter valued at approximately $33,000. XTX Topco Ltd boosted its holdings in Comp En De Mn Cemig ADS by 34.1% in the fourth quarter. XTX Topco Ltd now owns 259,105 shares of the utilities provider's stock valued at $518,000 after acquiring an additional 65,846 shares during the last quarter. Finally, Guggenheim Capital LLC increased its position in Comp En De Mn Cemig ADS by 3.6% during the 4th quarter. Guggenheim Capital LLC now owns 629,791 shares of the utilities provider's stock valued at $1,260,000 after purchasing an additional 21,764 shares during the period. ## About Comp En De Mn Cemig ADS (Get Free Report) Companhia Energética de Minas Gerais SA (Cemig ADS) is a leading Brazilian energy company primarily engaged in the generation, transmission, distribution and commercialization of electric power. Headquartered in Belo Horizonte, the company operates as a vertically integrated utility, serving residential, commercial and industrial customers across its concession areas. In addition to its core electricity business, Cemig maintains interests in natural gas distribution and distinct energy-related ventures, including renewable sources and infrastructure projects. In its generation segment, Cemig manages a diversified portfolio that includes hydroelectric, photovoltaic and wind power plants. ## Read More - Five stocks we like better than Comp En De Mn Cemig ADS - The gold chart Wall Street is terrified of… - Buy this Gold Stock Before May 2026 - What a Former CIA Agent Knows About the Coming Collapse - This $15 Stock Could Go Down as the #1 Stock of 2026 - Unlocked: Elon Musk’s Next Big IPO *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Comp En De Mn Cemig ADS Right Now? Before you consider Comp En De Mn Cemig ADS, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Comp En De Mn Cemig ADS wasn't on the list. While Comp En De Mn Cemig ADS currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys. 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