Spark Energy Company Profile (NASDAQ:SPKE)

About Spark Energy (NASDAQ:SPKE)

Spark Energy logoSpark Energy, Inc. is an independent retail energy services company. The Company provides residential and commercial customers across the United States with an alternative choice for their natural gas and electricity. The Company operates through two segments: Retail Natural Gas Segment and Retail Electricity Segment. The Retail Natural Gas segment consists of natural gas sales to, and natural gas transportation and distribution for, residential and commercial customers. It purchases natural gas supply through physical and financial transactions with market counterparts and supplies natural gas to residential and commercial consumers pursuant to fixed-price and variable-price. The Retail Electricity segment consists of electricity sales and transmission to residential and commercial customers. The Company has approximately 774,000 renewable energy credits (RCEs). As of July 5, 2017, the Company operates in 94 utility service territories across 19 states and the District of Columbia.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: N/A
  • Symbol: NASDAQ:SPKE
  • CUSIP: N/A
  • Web:
  • Market Cap: $179.43 million
  • Outstanding Shares: 13,145,000
Average Prices:
  • 50 Day Moving Avg: $15.18
  • 200 Day Moving Avg: $18.18
  • 52 Week Range: $11.52 - $23.65
  • Trailing P/E Ratio: 19.35
  • Foreward P/E Ratio: 10.04
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $674.51 million
  • Price / Sales: 0.27
  • Book Value: $2.77 per share
  • Price / Book: 4.93
  • Annual Dividend: $0.73
  • Dividend Yield: 5.2%
  • EBITDA: $93.69 million
  • Net Margins: 1.68%
  • Return on Equity: 9.13%
  • Return on Assets: 3.03%
  • Debt-to-Equity Ratio: 0.75%
  • Current Ratio: 2.37%
  • Quick Ratio: 2.34%
  • Average Volume: 147,280 shs.
  • Beta: -1.59
  • Short Ratio: 18.71

Frequently Asked Questions for Spark Energy (NASDAQ:SPKE)

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 announced a quarterly dividend on Thursday, October 19th. Investors of record on Wednesday, November 29th will be given a dividend of $0.1813 per share on Thursday, December 14th. This represents a $0.73 annualized dividend and a yield of 5.31%. The ex-dividend date is Tuesday, November 28th. 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 on Monday, June 19th 2017. The 2-1 split was announced on Tuesday, May 23rd 2017. The newly issued shares were issued 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 declared that its board has approved a share repurchase plan on Sunday, June 4th 2017, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 19.2% of its shares through open market purchases. Shares repurchase plans are typically 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 earnings results on Friday, August, 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.15. The company earned $151.44 million during the quarter, compared to the consensus estimate of $135.72 million. Spark Energy had a return on equity of 9.13% and a net margin of 1.68%. View Spark Energy's Earnings History.

Where is Spark Energy's stock going? Where will Spark Energy's stock price be in 2017?

5 brokers have issued twelve-month target prices 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.

What are analysts saying about Spark Energy stock?

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. " (9/26/2017)
  • 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)

Who are some of Spark Energy's key competitors?

Who are Spark Energy's key executives?

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

Who owns Spark Energy stock?

Spark Energy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Crow Point Partners LLC (7.73%), Nationwide Fund Advisors (0.58%) and Trellus Management Company LLC (0.21%). 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.

Who sold Spark Energy stock? Who is selling Spark Energy stock?

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

Who bought Spark Energy stock? Who is buying Spark Energy stock?

Spark Energy's stock was acquired by a variety of institutional investors in the last quarter, including Trellus Management Company LLC and Nationwide Fund Advisors. 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.

How do I buy Spark Energy stock?

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.

What is Spark Energy's stock price today?

One share of Spark Energy stock can currently be purchased for approximately $13.65.

MarketBeat Community Rating for Spark Energy (NASDAQ SPKE)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  127 (Vote Outperform)
Underperform Votes:  112 (Vote Underperform)
Total Votes:  239
MarketBeat's community ratings are surveys of what our community members think about Spark Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Spark Energy (NASDAQ:SPKE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $23.10 (69.23% upside)
Consensus Price Target History for Spark Energy (NASDAQ:SPKE)
Price Target History for Spark Energy (NASDAQ:SPKE)
Analysts' Ratings History for Spark Energy (NASDAQ:SPKE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/10/2017FBR & CoSet Price TargetBuy$24.00MediumView Rating Details
7/7/2017GuggenheimUpgradeNeutral -> Buy$23.00HighView Rating Details
6/22/2017Janney Montgomery ScottDowngradeBuy -> Neutral$22.95 -> $24.00HighView Rating Details
6/12/2017WunderlichBoost Price TargetBuy$22.00 -> $27.50MediumView Rating Details
5/9/2017Ladenburg Thalmann Financial ServicesBoost Price TargetNeutral$16.50 -> $17.00MediumView Rating Details
3/30/2016Robert W. BairdReiterated RatingNeutralN/AView Rating Details
1/27/2016US Capital AdvisorsDowngradeOverweight -> HoldN/AView Rating Details
(Data available from 10/23/2015 forward)


Earnings History for Spark Energy (NASDAQ:SPKE)
Earnings by Quarter for Spark Energy (NASDAQ:SPKE)
Earnings History by Quarter for Spark Energy (NASDAQ SPKE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/4/2017Q2 2017$0.16$0.01$135.72 million$151.44 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.39$0.17$140.07 million$194.35 millionViewListenView Earnings Details
5/4/2016Q116$0.42$0.57$110.44 million$110.00 millionViewN/AView Earnings Details
3/23/2016Q4$0.27($0.01)$106.60 million$94.80 millionViewN/AView Earnings Details
11/11/2015Q3$0.06$0.16$90.73 million$91.80 millionViewListenView Earnings Details
8/12/2015Q215($0.01)$0.12$63.68 million$65.40 millionViewListenView Earnings Details
5/14/2015Q115$0.50$0.40$111.25 million$101.80 millionViewN/AView Earnings Details
3/26/2015Q414$0.40$0.40$81.72 million$82.70 millionViewN/AView Earnings Details
11/12/2014Q314$0.07$0.02$62.10 million$68.36 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Spark Energy (NASDAQ:SPKE)
2017 EPS Consensus Estimate: $1.90
2018 EPS Consensus Estimate: $2.88
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.82$0.82$0.82
Q2 20171$0.19$0.19$0.19
Q3 20171$0.41$0.41$0.41
Q4 20171$0.48$0.48$0.48
Q1 20181$0.44$0.44$0.44
Q2 20181$0.44$0.44$0.44
Q3 20181$0.92$0.92$0.92
Q4 20181$1.08$1.08$1.08
(Data provided by Zacks Investment Research)


Current Dividend Information for Spark Energy (NASDAQ:SPKE)
Next Dividend:12/14/2017
Annual Dividend:$0.73
Dividend Yield:5.35%
Payout Ratio:107.35% (Trailing 12 Months of Earnings)
82.02% (Based on This Year's Estimates)
53.68% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Spark Energy (NASDAQ:SPKE)

Dividend History by Quarter for Spark Energy (NASDAQ SPKE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Spark Energy (NASDAQ:SPKE)
Insider Ownership Percentage: 66.89%
Institutional Ownership Percentage: 35.93%
Insider Trades by Quarter for Spark Energy (NASDAQ:SPKE)
Institutional Ownership by Quarter for Spark Energy (NASDAQ:SPKE)
Insider Trades by Quarter for Spark Energy (NASDAQ:SPKE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/21/2017Gil MelmanVPSell4,000$15.89$63,560.00View SEC Filing  
9/15/2017W Keith Maxwell IIIDirectorBuy47,200$16.72$789,184.00View SEC Filing  
9/14/2017W Keith Maxwell IIIDirectorBuy11,400$16.37$186,618.00View SEC Filing  
9/12/2017W Keith Maxwell IIIDirectorBuy21,900$15.76$345,144.00View SEC Filing  
9/11/2017W Keith Maxwell IIIDirectorBuy30,440$15.52$472,428.80View SEC Filing  
9/8/2017W Keith Maxwell IIIDirectorBuy47,779$15.26$729,107.54View SEC Filing  
8/29/2017James G. Jones IIDirectorBuy1,000$16.39$16,390.00View SEC Filing  
8/11/2017Nathan KroekerCEOBuy1,775$26.30$46,682.50View SEC Filing  
8/10/2017Nathan KroekerCEOBuy1,000$26.30$26,300.00View SEC Filing  
8/9/2017Gil MelmanVPSell3,000$17.20$51,600.00View SEC Filing  
8/9/2017Nathan KroekerCEOBuy1,000$26.41$26,410.00View SEC Filing  
7/28/2017W Keith Maxwell IIIDirectorSell22,218$21.12$469,244.16View SEC Filing  
7/27/2017W Keith Maxwell IIIDirectorSell8,100$21.11$170,991.00View SEC Filing  
7/26/2017W Keith Maxwell IIIDirectorSell10,524$21.11$222,161.64View SEC Filing  
7/20/2017W Keith Maxwell IIIDirectorSell56,400$21.23$1,197,372.00View SEC Filing  
7/19/2017W Keith Maxwell IIIDirectorSell47,300$21.25$1,005,125.00View SEC Filing  
7/18/2017W Keith Maxwell IIIDirectorSell6,800$21.01$142,868.00View SEC Filing  
7/5/2017W Keith Maxwell IIIDirectorBuy250$17.70$4,425.00View SEC Filing  
5/31/2017W Keith Maxwell IIIDirectorBuy2,400$43.80$105,120.00View SEC Filing  
5/30/2017W Keith Maxwell IIIDirectorBuy1,000$43.63$43,630.00View SEC Filing  
5/25/2017Nathan KroekerCEOSell21,244$43.13$916,253.72View SEC Filing  
5/25/2017W Keith Maxwell IIIDirectorBuy3,807$43.13$164,195.91View SEC Filing  
5/22/2017W Keith Maxwell IIIDirectorBuy4,600$39.75$182,850.00View SEC Filing  
5/19/2017W Keith Maxwell IIIDirectorBuy7,195$38.20$274,849.00View SEC Filing  
5/18/2017W Keith Maxwell IIIDirectorBuy5,615$37.69$211,629.35View SEC Filing  
5/17/2017W Keith Maxwell IIIDirectorBuy12,638$36.62$462,803.56View SEC Filing  
5/16/2017W Keith Maxwell IIIDirectorBuy10,100$36.23$365,923.00View SEC Filing  
3/9/2017James G Jones IIDirectorBuy494$25.94$12,814.36View SEC Filing  
3/8/2017James G Jones IIDirectorBuy1,000$26.96$26,960.00View SEC Filing  
1/5/2017W Keith Maxwell IIIDirectorBuy2,500$29.27$73,175.00View SEC Filing  
1/4/2017W Keith Maxwell IIIDirectorBuy22,642$30.20$683,788.40View SEC Filing  
12/30/2016W Keith Maxwell IIIDirectorBuy9,500$30.42$288,990.00View SEC Filing  
12/28/2016W Keith Maxwell IIIDirectorBuy1,000$30.50$30,500.00View SEC Filing  
12/27/2016W Keith Maxwell IIIDirectorBuy5,108$30.48$155,691.84View SEC Filing  
12/19/2016W Keith Maxwell IIIDirectorBuy22,900$30.41$696,389.00View SEC Filing  
12/16/2016W Keith Maxwell IIIDirectorBuy13,400$29.68$397,712.00View SEC Filing  
12/15/2016W Keith Maxwell IIIDirectorBuy5,000$30.00$150,000.00View SEC Filing  
12/13/2016W Keith Maxwell IIIDirectorBuy3,750$28.58$107,175.00View SEC Filing  
12/12/2016W Keith Maxwell IIIDirectorBuy19,050$27.78$529,209.00View SEC Filing  
12/9/2016W Keith Maxwell IIIDirectorBuy23,599$27.61$651,568.39View SEC Filing  
12/1/2016W Keith Maxwell IIIDirectorBuy8,115$25.05$203,280.75View SEC Filing  
11/23/2016Nathan KroekerCEOBuy100$26.00$2,600.00View SEC Filing  
11/23/2016W Keith Maxwell IIIDirectorBuy10,800$25.33$273,564.00View SEC Filing  
11/21/2016Gil MelmanVPBuy550$27.13$14,921.50View SEC Filing  
11/18/2016W Keith Maxwell IIIDirectorBuy15,311$26.69$408,650.59View SEC Filing  
11/15/2016Jason K GarrettVPBuy183$27.10$4,959.30View SEC Filing  
11/15/2016Nathan KroekerCEOBuy50$27.00$1,350.00View SEC Filing  
11/15/2016W Keith Maxwell IIIDirectorBuy2,900$26.99$78,271.00View SEC Filing  
11/14/2016Nathan KroekerCEOBuy100$26.34$2,634.00View SEC Filing  
11/14/2016Robert Lawrence LaneVPBuy375$26.75$10,031.25View SEC Filing  
11/14/2016W Keith Maxwell IIIDirectorBuy42,185$25.82$1,089,216.70View SEC Filing  
8/19/2016James G Jones IIDirectorBuy500$25.98$12,990.00View SEC Filing  
6/10/2016W Keith Maxwell IIIDirectorSell12,700$33.00$419,100.00View SEC Filing  
6/9/2016W Keith Maxwell IIIDirectorSell96,684$33.88$3,275,653.92View SEC Filing  
6/7/2016W Keith Maxwell IIIDirectorSell204,962$31.38$6,431,707.56View SEC Filing  
6/2/2016W Keith Maxwell IIIDirectorSell111,257$30.49$3,392,225.93View SEC Filing  
5/27/2016W Keith Maxwell IIIDirectorSell48,661$30.21$1,470,048.81View SEC Filing  
5/23/2016W Keith Maxwell IIIDirectorSell21,353$30.02$641,017.06View SEC Filing  
5/20/2016W Keith Maxwell IIIDirectorSell31,147$30.28$943,131.16View SEC Filing  
5/17/2016W Keith Maxwell IIIDirectorSell83,780$30.71$2,572,883.80View SEC Filing  
5/12/2016W Keith Maxwell IIIDirectorSell63,720$30.91$1,969,585.20View SEC Filing  
4/4/2016W Keith Maxwell IIIDirectorSell1,725,000$18.00$31,050,000.00View SEC Filing  
3/10/2016W Keith Maxwell IIIDirectorSell1,614$25.01$40,366.14View SEC Filing  
3/4/2016W Keith Maxwell IIIDirectorSell21,713$25.09$544,779.17View SEC Filing  
2/25/2016W Keith Maxwell IIIDirectorSell37,999$25.55$970,874.45View SEC Filing  
2/23/2016W Keith Maxwell IIIDirectorSell108,341$25.99$2,815,782.59View SEC Filing  
2/19/2016W Keith Maxwell IIIDirectorSell51,030$25.61$1,306,878.30View SEC Filing  
2/16/2016W Keith Maxwell IIIDirectorSell32,224$26.32$848,135.68View SEC Filing  
2/12/2016W Keith Maxwell IIIDirectorSell36,179$26.27$950,422.33View SEC Filing  
2/11/2016W Keith Maxwell IIIDirectorSell95,954$25.97$2,491,925.38View SEC Filing  
2/9/2016W Keith Maxwell IIIDirectorSell20,738$25.02$518,864.76View SEC Filing  
2/5/2016W Keith Maxwell IIIDirectorSell3,534$25.00$88,350.00View SEC Filing  
2/4/2016W Keith Maxwell IIIDirectorSell14,300$25.45$363,935.00View SEC Filing  
12/28/2015Georganne HodgesCFOSell1,518$20.21$30,678.78View SEC Filing  
12/22/2015W Keith Maxwell IIIDirectorBuy10,000$18.49$184,900.00View SEC Filing  
12/1/2015W Keith Maxwell IIIDirectorBuy37,700$17.64$665,028.00View SEC Filing  
11/27/2015W Keith Maxwell IIIDirectorBuy10,000$18.48$184,800.00View SEC Filing  
11/23/2015Georganne HodgesCFOSell2,500$18.50$46,250.00View SEC Filing  
11/16/2015Georganne HodgesCFOSell2,500$17.48$43,700.00View SEC Filing  
9/15/2015Georganne HodgesEVPSell1,000$16.46$16,460.00View SEC Filing  
9/9/2015W Keith Maxwell IIIDirectorBuy2,500$15.74$39,350.00View SEC Filing  
9/8/2015W Keith Maxwell IIIDirectorBuy2,500$15.51$38,775.00View SEC Filing  
9/4/2015W Keith Maxwell IIIDirectorBuy2,500$15.35$38,375.00View SEC Filing  
6/15/2015Nathan KroekerCEOBuy5,000$14.96$74,800.00View SEC Filing  
5/20/2015W Keith Maxwell IIIDirectorBuy5,000$13.45$67,250.00View SEC Filing  
5/19/2015W Keith Maxwell IIIDirectorBuy5,000$13.50$67,500.00View SEC Filing  
12/12/2014Nathan KroekerInsiderBuy1,000$14.00$14,000.00View SEC Filing  
12/8/2014Nathan KroekerInsiderBuy1,000$13.50$13,500.00View SEC Filing  
12/4/2014James G Jones IIDirectorBuy1,400$13.84$19,376.00View SEC Filing  
12/3/2014W Keith Maxwell IIIDirectorBuy1,000$13.65$13,650.00View SEC Filing  
12/2/2014Georganne HodgesInsiderBuy1,000$13.45$13,450.00View SEC Filing  
12/1/2014Nathan KroekerInsiderBuy1,000$13.50$13,500.00View SEC Filing  
11/25/2014W Keith Maxwell IIIDirectorBuy2,000$14.43$28,860.00View SEC Filing  
11/24/2014Nathan KroekerInsiderBuy1,000$15.75$15,750.00View SEC Filing  
11/20/2014W Keith Maxwell IIIDirectorBuy1,000$16.23$16,230.00View SEC Filing  
11/19/2014W Keith Maxwell IIIDirectorBuy1,000$16.63$16,630.00View SEC Filing  
11/17/2014W Keith Maxwell IIIDirectorBuy1,000$16.58$16,580.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Spark Energy (NASDAQ:SPKE)
Latest Headlines for Spark Energy (NASDAQ:SPKE)
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Spark Energy (SPKE) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by Staff

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