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CEMIG (CIG) Competitors

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$1.66 -0.03 (-1.48%)
Closing price 03:59 PM Eastern
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$1.66 0.00 (0.00%)
As of 04:05 PM Eastern
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CIG vs. NRG, EBR, PNW, KEP, OGE, TLN, ELPC, BEP, IDA, and CWEN

Should you be buying CEMIG stock or one of its competitors? The main competitors of CEMIG include NRG Energy (NRG), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Pinnacle West Capital (PNW), Korea Electric Power (KEP), OGE Energy (OGE), Talen Energy (TLN), Companhia Paranaense de Energia (ELPC), Brookfield Renewable Partners (BEP), IDACORP (IDA), and Clearway Energy (CWEN).

CEMIG vs.

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

NRG Energy has a beta of 1.1, suggesting that its share price is 10% more volatile than the S&P 500. Comparatively, CEMIG has a beta of 1.01, suggesting that its share price is 1% more volatile than the S&P 500.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NRG Energy$28.13B0.68-$202M$4.9019.21
CEMIG$37.64B0.13$1.15B$0.543.08

In the previous week, NRG Energy had 28 more articles in the media than CEMIG. MarketBeat recorded 34 mentions for NRG Energy and 6 mentions for CEMIG. NRG Energy's average media sentiment score of 1.22 beat CEMIG's score of 0.22 indicating that NRG Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NRG Energy
16 Very Positive mention(s)
12 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
CEMIG
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Neutral

NRG Energy presently has a consensus price target of $124.00, indicating a potential upside of 31.76%. Given NRG Energy's stronger consensus rating and higher possible upside, analysts plainly believe NRG Energy is more favorable than CEMIG.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NRG Energy
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.75
CEMIG
1 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.75

NRG Energy pays an annual dividend of $1.76 per share and has a dividend yield of 1.9%. CEMIG pays an annual dividend of $0.14 per share and has a dividend yield of 8.4%. NRG Energy pays out 35.9% of its earnings in the form of a dividend. CEMIG pays out 25.9% 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.

NRG Energy received 447 more outperform votes than CEMIG when rated by MarketBeat users. Likewise, 65.87% of users gave NRG Energy an outperform vote while only 57.82% of users gave CEMIG an outperform vote.

CompanyUnderperformOutperform
NRG EnergyOutperform Votes
691
65.87%
Underperform Votes
358
34.13%
CEMIGOutperform Votes
244
57.82%
Underperform Votes
178
42.18%

97.7% of NRG Energy shares are held by institutional investors. 0.6% of NRG Energy shares are held by 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.

CEMIG has a net margin of 20.43% compared to NRG Energy's net margin of 3.43%. NRG Energy's return on equity of 48.96% beat CEMIG's return on equity.

Company Net Margins Return on Equity Return on Assets
NRG Energy3.43% 48.96% 4.73%
CEMIG 20.43%20.41%9.21%

Summary

NRG Energy beats CEMIG on 14 of the 20 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$4.76B$13.10B$14.89B$17.99B
Dividend Yield8.30%4.81%5.93%4.05%
P/E Ratio3.1117.5414.9630.41
Price / Sales0.1315.6920.7226.22
Price / Cash3.9610.0718.4317.54
Price / Book0.962.001.894.19
Net Income$1.15B$690.28M$667.54M$1.02B
7 Day Performance-6.20%-4.21%-3.61%-5.09%
1 Month Performance-11.67%-2.62%-0.65%-8.37%
1 Year Performance-14.95%13.96%6.56%-3.44%

CEMIG Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CIG
CEMIG
N/A$1.67
-1.5%
N/A-15.3%$4.76B$37.64B3.114,917
NRG
NRG Energy
4.7644 of 5 stars
$95.62
+0.4%
$123.29
+28.9%
+34.1%$19.47B$28.13B24.036,600Dividend Announcement
Positive News
Gap Down
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
2.9031 of 5 stars
$7.10
-0.6%
N/A-14.2%$15.94B$40.18B8.6512,100Dividend Increase
Positive News
PNW
Pinnacle West Capital
3.5521 of 5 stars
$95.28
+1.2%
$95.17
-0.1%
+21.8%$11.35B$5.12B18.0480Positive News
KEP
Korea Electric Power
2.2711 of 5 stars
$7.43
-0.6%
N/A-4.7%$9.53B$93.40T3.4448,800News Coverage
Gap Down
High Trading Volume
OGE
OGE Energy
3.3043 of 5 stars
$45.99
+1.1%
$45.67
-0.7%
+27.1%$9.26B$2.99B20.912,240Ex-Dividend
Positive News
TLN
Talen Energy
2.223 of 5 stars
$199.67
+1.1%
$241.09
+20.7%
+114.1%$9.09B$2.07B10.694,981Positive News
Gap Down
ELPC
Companhia Paranaense de Energia
N/A$6.56
-1.0%
N/A-7.1%$7.01B$22.65B9.366,320
BEP
Brookfield Renewable Partners
4.1901 of 5 stars
$22.14
-0.5%
$30.50
+37.7%
-4.6%$6.30B$5.88B-24.883,200News Coverage
Gap Down
IDA
IDACORP
3.9081 of 5 stars
$116.23
+1.1%
$120.50
+3.7%
+23.0%$6.27B$1.83B21.212,070Positive News
CWEN
Clearway Energy
3.1575 of 5 stars
$30.27
+0.3%
$34.71
+14.7%
+16.0%$6.12B$1.37B29.1060News Coverage
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This page (NYSE:CIG) was last updated on 4/10/2025 by MarketBeat.com Staff
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