NYSE:GEL - Genesis Energy Stock Price, Forecast & News

Genesis Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "GEL."

Genesis Energy declared a quarterly dividend on Wednesday, October 9th. Investors of record on Thursday, October 31st will be paid a dividend of $0.55 per share on Thursday, November 14th. This represents a $2.20 annualized dividend and a yield of 11.21%. The ex-dividend date is Wednesday, October 30th. View Genesis Energy's Dividend History.

Genesis Energy, L.P. (NYSE:GEL) released its quarterly earnings results on Wednesday, November, 6th. The pipeline company reported ($0.01) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.11 by $0.12. The pipeline company had revenue of $621.70 million for the quarter, compared to analysts' expectations of $613.81 million. Genesis Energy had a net margin of 1.90% and a return on equity of 8.53%. The firm's quarterly revenue was down 16.6% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.15) earnings per share. View Genesis Energy's Earnings History.

Genesis Energy is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Genesis Energy.

3 Wall Street analysts have issued 12-month price objectives for Genesis Energy's shares. Their forecasts range from $26.00 to $27.00. On average, they anticipate Genesis Energy's share price to reach $26.50 in the next twelve months. This suggests a possible upside of 35.0% from the stock's current price. View Analyst Price Targets for Genesis Energy.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genesis 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 Genesis Energy.

News stories about GEL stock have trended positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Genesis Energy earned a news sentiment score of 3.0 on InfoTrie's scale. They also assigned media stories about the pipeline company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Genesis Energy.

Some companies that are related to Genesis Energy include Marathon Oil (MRO), National-Oilwell Varco (NOV), Devon Energy (DVN), Western Midstream Partners (WES), TechnipFMC (FTI), Targa Resources (TRGP), Showa Shell Sekiyu KK (SWSKF), HollyFrontier (HFC), Apache (APA), KUNLUN ENERGY C/ADR (KLYCY), KONINKLIJKE VOP/ADR (VOPKY), Cabot Oil & Gas (COG), FUCHS PETROLUB/ADR (FUPBY), Buckeye Partners (BPL) and Ultrapar Participacoes (UGP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Genesis Energy investors own include Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), iShares US Preferred Stock ETF (PFF), AT&T (T), Magellan Midstream Partners (MMP), Omega Healthcare Investors (OHI), Apollo Investment (AINV), Kinder Morgan (KMI), Ophthotech (OPHT) and Johnson & Johnson (JNJ).

Genesis Energy's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Alps Advisors Inc. (10.74%), Chickasaw Capital Management LLC (7.68%), Duff & Phelps Investment Management Co. (0.60%), Cadence Capital Management LLC (0.28%), Biltmore Capital Advisors LLC (0.24%) and Russell Investments Group Ltd. (0.24%). Company insiders that own Genesis Energy stock include Chad Anthony Landry, Edward T Flynn, Garland G Gaspard, Kenneth M Jastrow II, Kristen O Jesulaitis and Ryan S Sims. View Institutional Ownership Trends for Genesis Energy.

GEL stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Cadence Capital Management LLC, Russell Investments Group Ltd., Stifel Financial Corp, MAI Capital Management, SG Americas Securities LLC, Creative Planning and Oppenheimer Asset Management Inc.. View Insider Buying and Selling for Genesis Energy.

GEL stock was purchased by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Teacher Retirement System of Texas, Biltmore Capital Advisors LLC, California Public Employees Retirement System, Duff & Phelps Investment Management Co., BBVA USA Bancshares Inc., Virtu Financial LLC and First Trust Advisors LP. Company insiders that have bought Genesis Energy stock in the last two years include Chad Anthony Landry, Edward T Flynn, Garland G Gaspard, Kenneth M Jastrow II, Kristen O Jesulaitis and Ryan S Sims. View Insider Buying and Selling for Genesis Energy.

Shares of GEL 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, Robinhood, Fidelity and Charles Schwab.

One share of GEL stock can currently be purchased for approximately $19.63.

Genesis Energy has a market capitalization of $2.41 billion and generates $2.91 billion in revenue each year. The pipeline company earns $-6,070,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis. Genesis Energy employs 2,100 workers across the globe.View Additional Information About Genesis Energy.

The official website for Genesis Energy is http://www.genesisenergy.com/.

Genesis Energy's mailing address is 919 MILAM SUITE 2100, HOUSTON TX, 77002. The pipeline company can be reached via phone at 713-860-2500 or via email at [email protected]