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CEMIG (CIG) Competitors

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$1.89 +0.05 (+2.72%)
(As of 12/20/2024 05:31 PM ET)

CIG vs. CNP, FTS, NRG, ETR, AGR, EBR, TLN, PNW, KEP, and OGE

Should you be buying CEMIG stock or one of its competitors? The main competitors of CEMIG include CenterPoint Energy (CNP), Fortis (FTS), NRG Energy (NRG), Entergy (ETR), Avangrid (AGR), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Talen Energy (TLN), Pinnacle West Capital (PNW), Korea Electric Power (KEP), and OGE Energy (OGE). These companies are all part of the "electric services" industry.

CEMIG vs.

CenterPoint Energy (NYSE:CNP) and CEMIG (NYSE:CIG) are both utilities companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, media sentiment, community ranking, valuation, institutional ownership, earnings, profitability, risk and analyst recommendations.

CEMIG has a net margin of 20.43% compared to CenterPoint Energy's net margin of 11.25%. CEMIG's return on equity of 20.41% beat CenterPoint Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
CenterPoint Energy11.25% 9.73% 2.41%
CEMIG 20.43%20.41%9.25%

In the previous week, CenterPoint Energy had 16 more articles in the media than CEMIG. MarketBeat recorded 19 mentions for CenterPoint Energy and 3 mentions for CEMIG. CEMIG's average media sentiment score of 1.16 beat CenterPoint Energy's score of 0.93 indicating that CEMIG is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CenterPoint Energy
5 Very Positive mention(s)
9 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
CEMIG
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

CenterPoint Energy pays an annual dividend of $0.88 per share and has a dividend yield of 2.7%. CEMIG pays an annual dividend of $0.13 per share and has a dividend yield of 6.9%. CenterPoint Energy pays out 58.3% of its earnings in the form of a dividend. CEMIG pays out 24.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. CEMIG is clearly the better dividend stock, given its higher yield and lower payout ratio.

CenterPoint Energy presently has a consensus price target of $31.27, indicating a potential downside of 3.91%. Given CenterPoint Energy's stronger consensus rating and higher probable upside, research analysts plainly believe CenterPoint Energy is more favorable than CEMIG.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CenterPoint Energy
1 Sell rating(s)
8 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.23
CEMIG
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

CenterPoint Energy received 215 more outperform votes than CEMIG when rated by MarketBeat users. However, 58.23% of users gave CEMIG an outperform vote while only 55.10% of users gave CenterPoint Energy an outperform vote.

CompanyUnderperformOutperform
CenterPoint EnergyOutperform Votes
459
55.10%
Underperform Votes
374
44.90%
CEMIGOutperform Votes
244
58.23%
Underperform Votes
175
41.77%

CEMIG has higher revenue and earnings than CenterPoint Energy. CEMIG is trading at a lower price-to-earnings ratio than CenterPoint Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CenterPoint Energy$8.56B2.48$917M$1.5121.55
CEMIG$37.75B0.14$1.15B$0.543.50

91.8% of CenterPoint Energy shares are held by institutional investors. 0.2% of CenterPoint Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

CenterPoint Energy has a beta of 0.96, suggesting that its share price is 4% less volatile than the S&P 500. Comparatively, CEMIG has a beta of 1.31, suggesting that its share price is 31% more volatile than the S&P 500.

Summary

CenterPoint Energy and CEMIG tied by winning 10 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CIG vs. The Competition

MetricCEMIGElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$5.41B$13.89B$13.72B$19.18B
Dividend Yield9.37%4.50%4.10%3.60%
P/E Ratio3.5314.8795.0341.28
Price / Sales0.148,149.6523.3317.60
Price / Cash4.008.7318.2921.28
Price / Book1.092.122.195.32
Net Income$1.15B$666.62M$629.73M$989.88M
7 Day PerformanceN/A-1.38%-1.92%-3.54%
1 Month Performance-5.03%0.95%-2.56%-3.68%
1 Year Performance5.91%36.12%1.51%12.14%

CEMIG Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CIG
CEMIG
N/A$1.89
+2.7%
N/A+6.4%$5.41B$37.75B3.534,917News Coverage
Positive News
CNP
CenterPoint Energy
4.106 of 5 stars
$32.43
+1.5%
$31.27
-3.6%
+15.0%$21.14B$8.70B21.158,827Dividend Increase
FTS
Fortis
3.0897 of 5 stars
$42.20
-0.3%
N/A+4.1%$20.99B$8.53B17.779,600
NRG
NRG Energy
4.7559 of 5 stars
$94.92
-0.1%
$102.71
+8.2%
+83.2%$19.23B$28.12B23.8618,131Positive News
ETR
Entergy
4.7164 of 5 stars
$75.25
+1.4%
$77.40
+2.9%
+50.8%$16.13B$12.15B9.0412,177Analyst Downgrade
News Coverage
AGR
Avangrid
3.3493 of 5 stars
$35.71
+0.3%
$34.67
-2.9%
+12.1%$13.82B$8.31B12.237,999News Coverage
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
1.0422 of 5 stars
$5.84
-1.0%
N/A-30.3%$13.44B$38.08B0.008,328News Coverage
TLN
Talen Energy
2.5169 of 5 stars
$212.56
+2.5%
$222.40
+4.6%
+223.1%$10.81B$2.55B11.112,118Positive News
Gap Down
PNW
Pinnacle West Capital
3.8396 of 5 stars
$87.00
-0.6%
$84.65
-2.7%
+20.1%$9.89B$5.02B16.586,133
KEP
Korea Electric Power
1.8069 of 5 stars
$7.54
+1.6%
N/A+1.0%$9.68B$91.66T3.4448,696News Coverage
OGE
OGE Energy
3.7552 of 5 stars
$42.13
+0.2%
$40.50
-3.9%
+17.8%$8.47B$2.67B21.922,329Analyst Revision
Positive News

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This page (NYSE:CIG) was last updated on 12/21/2024 by MarketBeat.com Staff
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