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
SymbolNASDAQ:SPKE
CUSIPN/A
Phone713-600-2600
Debt
Debt-to-Equity Ratio1.01
Current Ratio2.20
Quick Ratio2.18
Price-To-Earnings
Trailing P/E Ratio-17.98
Forward P/E Ratio-17.71
P/E GrowthN/A
Sales & Book Value
Annual Sales$798.05 million
Price / Sales0.37
Cash Flow$1.1905 per share
Price / Cash7.14
Book Value$4.65 per share
Price / Book1.83
Profitability
EPS (Most Recent Fiscal Year)($0.48)
Net Income$18.85 million
Net Margins1.10%
Return on Equity21.26%
Return on Assets5.73%
Miscellaneous
Employees176
Outstanding Shares34,880,000
Market Cap$296.11 million
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. Stockholders of record on Friday, November 30th will be given a dividend of $0.1813 per share on Friday, December 14th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 8.42%. 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's stock split before market open on Monday, June 19th 2017. The 2-1 split was announced on Tuesday, May 23rd 2017. The newly created shares were distributed to shareholders after the closing bell 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 declared that its Board of Directors has initiated a share repurchase program on Sunday, June 4th 2017, which authorizes the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 19.2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.
How were Spark Energy's earnings last quarter?
Spark Energy Inc (NASDAQ:SPKE) posted its quarterly earnings data on Thursday, August, 2nd. The utilities provider reported $0.41 earnings per share (EPS) for the quarter. The utilities provider earned $232.25 million during the quarter, compared to the consensus estimate of $200.33 million. Spark Energy had a return on equity of 21.26% and a net margin of 1.10%. View Spark Energy's Earnings History.
When is Spark Energy's next earnings date?
What price target have analysts set for SPKE?
3 brokerages have issued 12 month target prices for Spark Energy's shares. Their predictions range from $11.00 to $18.00. On average, they expect Spark Energy's stock price to reach $14.50 in the next year. This suggests a possible upside of 68.4% from the stock's current price. View Analyst Price Targets for Spark Energy.
What is the consensus analysts' recommendation for Spark Energy?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spark Energy in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spark Energy.
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), PG&E (PCG), Consolidated Edison (ED), WEC Energy Group (WEC), E.ON SE Sponsored ADR (Germany) (EONGY), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), Westar Energy (WR), United Utilities Group (UUGRY), SCANA (SCG) and ALLETE (ALE).
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 number of of institutional and retail investors. Top institutional investors include Sanders Morris Harris LLC (0.01%). 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. 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.
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 $8.61.
How big of a company is Spark Energy?
Spark Energy has a market capitalization of $296.11 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.
