Spark Energy Company Profile (NASDAQ:SPKE)

Spark Energy trades on the NASDAQ under the ticker symbol "SPKE."

Spark Energy declared a quarterly dividend on Thursday, July 20th. Shareholders of record on Tuesday, August 29th will be paid a dividend of $0.1813 per share on Thursday, September 14th. This represents a $0.73 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date of this dividend is Friday, August 25th. View Spark Energy's Dividend History.

Shares of Spark Energy split 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 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.

Spark Energy declared that its Board of Directors has authorized a share buyback program on Sunday, June 4th 2017, which authorizes the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 19.2% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its stock is undervalued.

Spark Energy, Inc. (NASDAQ:SPKE) issued its quarterly earnings data on Monday, May, 8th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.39 by $0.22. The business earned $194.35 million during the quarter, compared to analyst estimates of $140.07 million. Spark Energy had a net margin of 2.10% and a return on equity of 11.82%. View Spark Energy's Earnings History.

5 analysts have issued 12 month price targets for Spark Energy's shares. Their forecasts range from $17.00 to $27.50. On average, they expect Spark Energy's share price to reach $23.10 in the next twelve months. View Analyst Ratings for Spark Energy.

Here are some recent quotes from research analysts about Spark Energy stock:

• 1. According to Zacks Investment Research, "Spark Energy, Inc. is an independent retail energy services company. It provides residential and commercial customers across the United States with an alternative choice for their natural gas and electricity. The company is involved in the retail distribution of natural gas and electricity. It also offers renewable and carbon neutral products. Spark Energy, Inc. is headquartered in Houston, Texas. " (7/26/2017)
• 2. FBR & Co analysts commented, "We are updating our model to account for the ~$35M in gross proceeds SPKE raised from its recent 1.4M share, 8.75% fixed-to-floating perpetual preferred stock offering. We view the preferred offering'in combination with its cash, existing credit, and subordinated debt facilities'as adequate to fund the acquisitions SPKE has targeted. During its 4Q16 earnings call, management stated that it had multiple LOIs to buy retailers who collectively have between $20M and $30M in annual EBITDA. Management indicated it might pay between 3x and 4x TTM EBITDA for the acquisitions, implying $60M to $120M required to purchase them. These potential multiples also indicate significant potential accretion versus the 7x TTM EBITDA at which SPKE currently trades. To put this in perspective, if SPKE were able to acquire $20M in incremental EBITDA, the stock would likely trade for less than 5x 2018E adjusted EBITDA of ~$123M ($20M plus our current $103.3M forecast), well below its peer group that trades at 6.7x to 7.2x. We believe this may allow SPKE to avoid conducting an equity raise in 2017, potentially removing an overhang on the shares. We reiterate our Outperform rating." (3/16/2017)

Some companies that are related to Spark Energy include Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) (EDN), Kenon Holdings (KEN), UNITIL Corporation (UTL), Atlantic Power Corporation (AT), OPG Power Ventures Plc. (OPG), US Geothermal (HTM), Apr Energy PLC (APR), Cleco Corporate Holdings LLC (CNL), Greenko Group PLC (GKO), ITC Holdings Corp. (ITC), Rame Energy PLC (RAME) and TECO Energy (TE).

Spark Energy's management team includes the folowing people:

• W. Keith Maxwell III, Chairman of the Board
• Nathan Kroeker, President, Chief Executive Officer, Director
• Robert Lawrence Lane, Chief Financial Officer
• Jason Garrett, Executive Vice President - Retail
• Gil Melman, Vice President, General Counsel and Corporate Secretary
• Nick W. Evans Jr., Independent Director
• Kenneth Michael Hartwick, Independent Director
• James G. Jones II, Independent Director

Spark Energy's stock is owned by many different of institutional and retail investors. Top institutional investors include Crow Point Partners LLC (7.87%), Boston Advisors LLC (1.84%), Peregrine Capital Management LLC (1.73%), Shell Asset Management Co. (0.56%), Acadian Asset Management LLC (0.31%) and Russell Investments Group Ltd. (0.11%). Company insiders that own Spark Energy stock include Georganne Hodges, 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.

Spark Energy's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC. Company insiders that have sold Spark Energy stock in the last year include Nathan Kroeker and W Keith Maxwell III. View Insider Buying and Selling for Spark Energy.

Spark Energy's stock was purchased by a variety of institutional investors in the last quarter, including Crow Point Partners LLC, Peregrine Capital Management LLC, Boston Advisors LLC, Shell Asset Management Co., Russell Investments Group Ltd., Highland Capital Management LLC, Nisa Investment Advisors LLC and Bank of Montreal Can. Company insiders that have bought Spark Energy stock in the last two years include Gil Melman, James G Jones II, Jason K Garrett, Nathan Kroeker, Robert Lawrence Lane and W Keith Maxwell III. View Insider Buying and Selling for Spark Energy.

Shares of Spark Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Spark Energy stock can currently be purchased for approximately $21.05.