Genie Energy (NYSE:GNE - Get Free Report) will release its earnings data before the market opens on Wednesday, May 8th. Persons that are interested in registering for the company's earnings conference call can do so using this link.
Genie Energy (NYSE:GNE - Get Free Report) last released its quarterly earnings data on Monday, March 11th. The oil and gas producer reported $0.37 EPS for the quarter. The firm had revenue of $104.90 million for the quarter. Genie Energy had a net margin of 4.56% and a return on equity of 25.39%.
Genie Energy Stock Performance
GNE stock traded up $0.43 during trading on Wednesday, reaching $15.72. 92,841 shares of the company were exchanged, compared to its average volume of 167,159. The company has a market cap of $430.10 million, a P/E ratio of 21.24 and a beta of 0.17. Genie Energy has a 52-week low of $12.95 and a 52-week high of $30.90. The stock's 50 day moving average price is $16.27 and its 200 day moving average price is $20.62.
Genie Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Tuesday, February 20th were issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date was Friday, February 16th. Genie Energy's dividend payout ratio is currently 40.54%.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded shares of Genie Energy from a "buy" rating to a "hold" rating in a report on Tuesday, February 13th.
Read Our Latest Analysis on GNE
Genie Energy Company Profile
(
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Genie Energy Ltd., through its subsidiaries, engages in the supply of electricity and natural gas to residential and small business customers in the United States and internationally. It operates in two segments, GRE and Genie Renewables. The company also develops, constructs, and operates solar energy projects for commercial and industrial customers, as well as its own portfolio; provides energy brokerage and advisory services; markets community solar energy solutions; and manufactures and distributes solar panel, as well as engages in solar installation design and project management activities.
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