Companhia Energética de Minas Gerais - CEMIG Stock Forecast for 2023 - 2025 - 2030

Updated on 04/24/2024

Stock Rating
18
Price Target
R$14.00
Consensus
Outperform
Upside
8.78%
Analysts
3
Stock Rating
18
Upside
8.78%
Analysts
3
Price Target
R$14.00

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.

R$14.00

8.78% Upside

Outperform
Outperform

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%.

2024 Fair Value Forecast
R$23.51
2025 Fair Value Forecast
R$24.52
2026 Fair Value Forecast
R$23.51
2027 Fair Value Forecast
R$15.69
2028 Fair Value Forecast
R$18.30
2029 Fair Value Forecast
R$20.74
2030 Fair Value Forecast
R$22.39

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%.

2024 Rev Forecast
R$34.95B
2025 Rev Forecast
R$36.96B
2026 Rev Forecast
R$35.82B
2027 Rev Forecast
R$35.39B
2028 Rev Forecast
R$35.26B
2029 Rev Forecast
R$35.82B
2030 Rev Forecast
R$35.82B

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%.

2024 DPS Forecast
R$0.92
2025 DPS Forecast
R$0.97
2026 DPS Forecast
R$1.15
2027 DPS Forecast
R$1.11
2028 DPS Forecast
R$1.05
2029 DPS Forecast
R$1.02
2030 DPS Forecast
R$1.06

Companhia Energética de Minas Gerais - CEMIG Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
R$-66000000.00
2025 FCF Forecast
R$0.15B
2026 FCF Forecast
R$-260000000.00
2027 FCF Forecast
R$-406683333.33
2028 FCF Forecast
R$-374501125.56
2029 FCF Forecast
R$-536085877.86
2030 FCF Forecast
R$-433121650.25

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%.

2024 EBITDA Forecast
R$7.38B
2025 EBITDA Forecast
R$7.51B
2026 EBITDA Forecast
R$7.57B
2027 EBITDA Forecast
R$7.05B
2028 EBITDA Forecast
R$7.16B
2029 EBITDA Forecast
R$7.28B
2030 EBITDA Forecast
R$7.38B

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%.

2024 EBIT Forecast
R$6.34B
2025 EBIT Forecast
R$6.41B
2026 EBIT Forecast
R$6.66B
2027 EBIT Forecast
R$6.05B
2028 EBIT Forecast
R$6.16B
2029 EBIT Forecast
R$6.25B
2030 EBIT Forecast
R$6.39B

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%.

2024 EPS Forecast
R$1.86
2025 EPS Forecast
R$1.94
2026 EPS Forecast
R$1.86
2027 EPS Forecast
R$1.24
2028 EPS Forecast
R$1.45
2029 EPS Forecast
R$1.64
2030 EPS Forecast
R$1.77