Spark Energy Company Profile (NASDAQ:SPKE)

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

Spark Energy announced a quarterly dividend on Thursday, July 20th. Investors 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 annualized dividend and a yield of 3.45%. The ex-dividend date is Friday, August 25th. View Spark Energy's Dividend History.

Spark Energy shares split on 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 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.

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

Spark Energy, Inc. (NASDAQ:SPKE) announced its quarterly earnings data on Monday, May, 8th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.22. The firm had revenue of $194.35 million for 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 brokerages have issued 12 month target prices for Spark Energy's stock. 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 year. 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 Smart Metering Systems PLC (SMS), MYR Group (MYRG), The York Water Company (YORW), Clean Energy Fuels Corp. (CLNE), Lumos Networks Corp. (LMOS), AquaVenture Holdings Ltd (WAAS), Artesian Resources Corporation (ARTNA), Hawaiian Telcom Holdco (HCOM), Ameresco (AMRC), Atlantic Power Corporation (AT), Delta Natural Gas Company (DGAS), Consolidated Water Co. (CWCO), Global Water Resources (GWRS), Pure Cycle Corporation (PCYO), OPG Power Ventures Plc. (OPG), Gas Natural (EGAS), Alaska Communications Systems Group (ALSK) and Fulcrum Utility Services Ltd (FCRM).

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 retail and institutional investors. Top institutional investors include Crow Point Partners LLC (7.87%), Spark Investment Management LLC (3.90%), Great West Life Assurance Co. Can (2.19%), Boston Advisors LLC (1.84%), Peregrine Capital Management LLC (1.73%) and Shell Asset Management Co. (0.56%). 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 acquired by a variety of institutional investors in the last quarter, including Crow Point Partners LLC, Spark Investment Management LLC, Peregrine Capital Management LLC, Great West Life Assurance Co. Can, Boston Advisors LLC, Municipal Employees Retirement System of Michigan, Shell Asset Management Co. and Bowling Portfolio Management LLC. 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 $21.00.