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CEMIG (CIG) Competitors

CEMIG logo
$2.08 +0.04 (+1.97%)
(As of 11/20/2024 ET)

CIG vs. ES, FTS, CNP, NRG, EBR, AGR, TLN, PNW, OGE, and BEP

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

CEMIG vs.

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

CEMIG pays an annual dividend of $0.17 per share and has a dividend yield of 8.2%. Eversource Energy pays an annual dividend of $2.86 per share and has a dividend yield of 4.6%. CEMIG pays out 40.7% of its earnings in the form of a dividend. Eversource Energy pays out -182.2% 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. Eversource Energy has increased its dividend for 26 consecutive years.

In the previous week, Eversource Energy had 10 more articles in the media than CEMIG. MarketBeat recorded 13 mentions for Eversource Energy and 3 mentions for CEMIG. Eversource Energy's average media sentiment score of 1.37 beat CEMIG's score of 0.62 indicating that Eversource Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CEMIG
0 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Eversource Energy
9 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

CEMIG has a net margin of 15.70% compared to Eversource Energy's net margin of -4.73%. CEMIG's return on equity of 21.49% beat Eversource Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
CEMIG15.70% 21.49% 9.64%
Eversource Energy -4.73%10.90%2.78%

CEMIG presently has a consensus price target of $2.00, indicating a potential downside of 3.61%. Eversource Energy has a consensus price target of $70.46, indicating a potential upside of 14.37%. Given Eversource Energy's stronger consensus rating and higher probable upside, analysts plainly believe Eversource Energy is more favorable than CEMIG.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CEMIG
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Eversource Energy
0 Sell rating(s)
7 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.46

CEMIG has a beta of 1.3, indicating that its share price is 30% more volatile than the S&P 500. Comparatively, Eversource Energy has a beta of 0.61, indicating that its share price is 39% less volatile than the S&P 500.

80.0% of Eversource Energy shares are owned by institutional investors. 0.4% of Eversource Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CEMIG$7.38B0.80$1.15B$0.424.97
Eversource Energy$11.91B1.90-$442.24M-$1.57-39.24

Eversource Energy received 219 more outperform votes than CEMIG when rated by MarketBeat users. However, 58.23% of users gave CEMIG an outperform vote while only 46.77% of users gave Eversource Energy an outperform vote.

CompanyUnderperformOutperform
CEMIGOutperform Votes
244
58.23%
Underperform Votes
175
41.77%
Eversource EnergyOutperform Votes
463
46.77%
Underperform Votes
527
53.23%

Summary

Eversource Energy beats CEMIG on 12 of the 21 factors compared between the two stocks.

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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$5.94B$13.74B$12.25B$19.84B
Dividend Yield8.37%4.37%4.04%3.50%
P/E Ratio4.9713.2498.4437.73
Price / Sales0.808,558.1932.1118.01
Price / Cash4.188.8318.4117.90
Price / Book1.202.062.294.86
Net Income$1.15B$666.62M$616.62M$985.93M
7 Day Performance0.48%1.82%0.00%0.45%
1 Month Performance6.68%1.18%-1.60%1.05%
1 Year Performance5.17%28.02%9.83%24.67%

CEMIG Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CIG
CEMIG
1.6683 of 5 stars
$2.08
+2.0%
$2.00
-3.6%
+1.2%$5.94B$7.38B4.974,917
ES
Eversource Energy
4.6746 of 5 stars
$61.61
-0.1%
$70.46
+14.4%
+5.7%$22.60B$11.91B0.0010,171Short Interest ↓
Positive News
FTS
Fortis
2.6648 of 5 stars
$44.70
-0.1%
N/A+9.0%$22.25B$8.53B18.789,600Ex-Dividend
Positive News
CNP
CenterPoint Energy
4.4648 of 5 stars
$31.57
+0.5%
$30.09
-4.7%
+14.4%$20.46B$8.70B20.918,827Short Interest ↓
Analyst Revision
NRG
NRG Energy
4.5445 of 5 stars
$94.52
-0.4%
$98.29
+4.0%
+99.9%$19.22B$28.82B23.7518,131Analyst Forecast
Positive News
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
0.4569 of 5 stars
$6.23
+0.3%
N/A-25.5%$14.27B$7.44B0.008,328
AGR
Avangrid
3.5331 of 5 stars
$36.08
+0.3%
$34.67
-3.9%
+15.9%$13.96B$8.31B12.407,999
TLN
Talen Energy
1.7571 of 5 stars
$206.09
-4.0%
$210.33
+2.1%
N/A$10.92B$2.55B11.032,118Positive News
PNW
Pinnacle West Capital
3.6517 of 5 stars
$91.79
+0.9%
$82.04
-10.6%
+28.0%$10.44B$5.02B17.386,133Analyst Downgrade
OGE
OGE Energy
4.116 of 5 stars
$43.11
-0.1%
$39.40
-8.6%
+24.3%$8.67B$2.67B22.342,329Positive News
BEP
Brookfield Renewable Partners
4.0078 of 5 stars
$24.98
-1.3%
$31.78
+27.2%
+1.4%$7.12B$5.04B-30.464,770Positive News

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This page (NYSE:CIG) was last updated on 11/21/2024 by MarketBeat.com Staff
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