Spark Energy, Inc., through its subsidiaries, operates as an independent retail energy services company in the United States. It operates through two segments, Retail Electricity and Retail Natural Gas. The company is involved in the retail distribution of electricity and natural gas to residential, commercial, and industrial customers. As of December 31, 2017, it operated in 94 utility service territories across 19 states and the District of Columbia, and had approximately 1,042,000 residential customer equivalents. The company was founded in 1999 and is headquartered in Houston, Texas. Spark Energy, Inc. is a subsidiary of Retailco, LLC.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Electric & other services combined
Sub-IndustryN/A
SectorUtilities
Current SymbolNASDAQ:SPKE
Previous Symbol
CUSIPN/A
Phone713-600-2600
Debt
Debt-to-Equity Ratio1.01
Current Ratio2.36
Quick Ratio2.33
Price-To-Earnings
Trailing P/E Ratio-17.31
Forward P/E Ratio-37.77
P/E GrowthN/A
Sales & Book Value
Annual Sales$798.05 million
Price / Sales0.36
Cash Flow$1.2078 per share
Price / Cash6.88
Book Value$4.65 per share
Price / Book1.79
Profitability
EPS (Most Recent Fiscal Year)($0.48)
Net Income$18.85 million
Net Margins1.38%
Return on Equity11.17%
Return on Assets2.90%
Miscellaneous
Employees176
Outstanding Shares34,880,000
Market Cap$285.30 million
OptionableOptionable
Spark Energy (NASDAQ:SPKE) Frequently Asked Questions
What is Spark Energy's stock symbol?
Spark Energy trades on the NASDAQ under the ticker symbol "SPKE."
How often does Spark Energy pay dividends? What is the dividend yield for Spark Energy?
Spark Energy declared a quarterly dividend on Friday, October 19th. Investors of record on Friday, November 30th will be paid a dividend of $0.1813 per share on Friday, December 14th. This represents a $0.73 annualized dividend and a dividend yield of 8.72%. The ex-dividend date is Thursday, November 29th. View Spark Energy's Dividend History.
When did Spark Energy's stock split? How did Spark Energy's stock split work?
Spark Energy shares split on the morning of Monday, June 19th 2017. The 2-1 split was announced on Tuesday, May 23rd 2017. The newly minted shares were distributed to shareholders after the market closes on Friday, June 16th 2017. An investor that had 100 shares of Spark Energy stock prior to the split would have 200 shares after the split.
How will Spark Energy's stock buyback program work?
Spark Energy announced that its board has initiated a share buyback plan on Sunday, June 4th 2017, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 19.2% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.
How were Spark Energy's earnings last quarter?
Spark Energy Inc (NASDAQ:SPKE) announced its quarterly earnings data on Friday, November, 2nd. The utilities provider reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.04) by $0.31. The utilities provider earned $258.48 million during the quarter, compared to analysts' expectations of $240.69 million. Spark Energy had a net margin of 1.38% and a return on equity of 11.17%. View Spark Energy's Earnings History.
When is Spark Energy's next earnings date?
What price target have analysts set for SPKE?
2 equities research analysts have issued twelve-month target prices for Spark Energy's shares. Their forecasts range from $11.00 to $18.00. On average, they anticipate Spark Energy's stock price to reach $14.50 in the next twelve months. This suggests a possible upside of 74.5% from the stock's current price. View Analyst Price Targets for Spark Energy.
What is the consensus analysts' recommendation for Spark Energy?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spark Energy in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spark Energy.
Has Spark Energy been receiving favorable news coverage?
News stories about SPKE stock have trended very positive recently, InfoTrie reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Spark Energy earned a news sentiment score of 3.4 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the stock's share price in the near future.
Who are some of Spark Energy's key competitors?
Some companies that are related to Spark Energy include Duke Energy (DUK), Exelon (EXC), Public Service Enterprise Group (PEG), Consolidated Edison (ED), WEC Energy Group (WEC), E.ON SE Sponsored ADR (Germany) (EONGY), Ameren (AEE), CMS Energy (CMS), PG&E (PCG), Alliant Energy (LNT), NiSource (NI), United Utilities Group (UUGRY), SCANA (SCG), ALLETE (ALE) and Avista (AVA).
Who are Spark Energy's key executives?
Spark Energy's management team includes the folowing people:
- Mr. Nathan Kroeker, Pres, CEO & Director (Age 44)
- Mr. Gil M. Melman, VP, Gen. Counsel & Corp. Sec. (Age 52)
- Mr. Jason K. Garrett, Exec. VP of Retail (Age 49)
- Mr. Robert Lawrence Lane, VP & CFO (Age 46)
- Mr. Michael Kuznar, Pres of Retailco
Who are Spark Energy's major shareholders?
Spark Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (2.93%), JPMorgan Chase & Co. (2.93%), Nordea Investment Management AB (1.45%), Wells Fargo & Company MN (0.89%), Dimensional Fund Advisors LP (0.60%) and Heartland Advisors Inc. (0.60%). Company insiders that own Spark Energy stock include Gil Melman, James G Jones II, Jason K Garrett, Nathan Kroeker, Robert Lawrence Lane and W Keith Maxwell III. View Institutional Ownership Trends for Spark Energy.
Which institutional investors are selling Spark Energy stock?
SPKE stock was sold by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC, Heartland Advisors Inc., American Century Companies Inc., GSA Capital Partners LLP, Wells Fargo & Company MN, AQR Capital Management LLC, Dimensional Fund Advisors LP and TIAA CREF Investment Management LLC. Company insiders that have sold Spark Energy company stock in the last year include Gil Melman and Jason K Garrett. View Insider Buying and Selling for Spark Energy.
Which institutional investors are buying Spark Energy stock?
SPKE stock was purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Cim Investment Mangement Inc., Jefferies Group LLC, Macquarie Group Ltd., Trexquant Investment LP, Bridgeway Capital Management Inc. and JPMorgan Chase & Co.. Company insiders that have bought Spark Energy stock in the last two years include Gil Melman, James G Jones II, Nathan Kroeker, Robert Lawrence Lane and W Keith Maxwell III. View Insider Buying and Selling for Spark Energy.
How do I buy shares of Spark Energy?
Shares of SPKE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Spark Energy's stock price today?
One share of SPKE stock can currently be purchased for approximately $8.31.
How big of a company is Spark Energy?
Spark Energy has a market capitalization of $285.30 million and generates $798.05 million in revenue each year. The utilities provider earns $18.85 million in net income (profit) each year or ($0.48) on an earnings per share basis. Spark Energy employs 176 workers across the globe.
What is Spark Energy's official website?
How can I contact Spark Energy?
Spark Energy's mailing address is 12140 Wickchester Ln Suite 100, Houston TX, 77079. The utilities provider can be reached via phone at 713-600-2600 or via email at [email protected]
MarketBeat Community Rating for Spark Energy (NASDAQ SPKE)
MarketBeat's community ratings are surveys of what our community members think about Spark Energy and other stocks. Vote "Outperform" if you believe SPKE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPKE will underperform the S&P 500 over the long term. You may vote once every thirty days.
