Companhia Energética de Minas Gerais - CEMIG Stock Forecast for 2023 - 2025 - 2030
Updated on 04/24/2024
Companhia Energética de Minas Gerais - CEMIG Stock Forecast and Price Target
If Companhia Energética de Minas Gerais - CEMIG's stock price reached the average yearlong target of R$14.00 given by three well-known analysts in recent months, there would be a potential upside of approximately 8.78% from its last closing price in April, 2024. This potential increase is based on a high estimate of R$16.50 and a low estimate of R$11.87. Although you may not be interested in CMIG4 stock, you should still be aware of its competitors.
8.78% Upside
Companhia Energética de Minas Gerais - CEMIG Fair Value Forecast for 2023 - 2025 - 2030
In the last four years, Companhia Energética de Minas Gerais - CEMIG's Price has seen a drop from R$12.89 to R$0.00 – a 100.00% decrease. In the next year, analysts believe that Fair Value will reach R$23.51 – an increase of 100.00%. For the next seven years, the forecast is for Fair Value to grow by 100.00%.
Companhia Energética de Minas Gerais - CEMIG Revenue Forecast for 2023 - 2025 - 2030
In the last two years, Companhia Energética de Minas Gerais - CEMIG's Revenue has grown, rising from R$25.23B to R$34.46B – a growth of 36.61%. In the next year, analysts believe that Revenue will reach R$34.95B – an increase of 1.42%. For the next seven years, the forecast is for Revenue to grow by 3.95%.
Companhia Energética de Minas Gerais - CEMIG Dividend per Share Forecast for 2023 - 2025 - 2030
Companhia Energética de Minas Gerais - CEMIG's Dividend per Share has grown In the last two years, rising from R$0.88 to R$1.01 – a growth of 14.77%. In the next year, 4 analysts estimate that Companhia Energética de Minas Gerais - CEMIG's Dividend per Share will decrease by 8.91%, reaching R$0.92. For the next seven years, experts predict that Companhia Energética de Minas Gerais - CEMIG's Dividend per Share will grow at a rate of 5.44%.
Companhia Energética de Minas Gerais - CEMIG EBITDA Forecast for 2023 - 2025 - 2030
In the last two years, Companhia Energética de Minas Gerais - CEMIG's EBITDA has grown by 15.44%, rising from R$5.24B to R$6.05B. For the next year, analysts predict that EBITDA will reach R$7.38B – an increase of 22.02%. Over the next seven years, experts believe that Companhia Energética de Minas Gerais - CEMIG's EBITDA will grow at a rate of 22.08%.
Companhia Energética de Minas Gerais - CEMIG EBIT Forecast for 2023 - 2025 - 2030
In the last two years, Companhia Energética de Minas Gerais - CEMIG's EBIT has grown, moving from R$4.31B to R$4.92B – an increase of 14.08%. In the next year, analysts predict that EBIT will jump to R$6.34B – up 28.79% from the current level. Looking ahead to seven years, experts forecast that EBIT will grow by 29.95%.
Companhia Energética de Minas Gerais - CEMIG EPS Price Prediction Forecast for 2023 - 2025 - 2030
In the last four years, Companhia Energética de Minas Gerais - CEMIG's EPS has seen a drop from R$1.02 to R$0.00 – a 100.00% decrease. In the next year, analysts believe that EPS will reach R$1.86 – an increase of 100.00%. For the next seven years, the forecast is for EPS to grow by 100.00%.