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

Genesis Energy's stock was trading at $5.78 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GEL stock has decreased by 46.2% and is now trading at $3.11. View which stocks have been mosted impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genesis Energy in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Genesis Energy.

Genesis Energy is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Genesis Energy.

Genesis Energy, L.P. (NYSE:GEL) announced its earnings results on Wednesday, February, 19th. The pipeline company reported $0.03 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.01 by $0.02. The pipeline company earned $604.33 million during the quarter, compared to analyst estimates of $697.50 million. Genesis Energy had a return on equity of 7.76% and a net margin of 3.87%. Genesis Energy's revenue for the quarter was down 12.3% on a year-over-year basis. During the same quarter last year, the business earned ($0.35) EPS. View Genesis Energy's earnings history.

Genesis Energy declared a quarterly dividend on Thursday, January 9th. Investors of record on Friday, January 31st will be given a dividend of $0.55 per share on Friday, February 14th. This represents a $2.20 annualized dividend and a yield of 70.74%. The ex-dividend date is Thursday, January 30th. View Genesis Energy's dividend history.

4 equities research analysts have issued 12-month price objectives for Genesis Energy's stock. Their forecasts range from $15.00 to $27.00. On average, they anticipate Genesis Energy's stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 575.2% from the stock's current price. View analysts' price targets for Genesis Energy.

Press coverage about GEL stock has been trending extremely negative on Sunday, InfoTrie reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Genesis Energy earned a news sentiment score of -5.0 on InfoTrie's scale. They also assigned news headlines about the pipeline company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news aboutGenesis Energy.

Genesis Energy saw a decline in short interest in the month of February. As of February 14th, there was short interest totaling 5,150,000 shares, a decline of 13.9% from the January 30th total of 5,980,000 shares. Based on an average daily trading volume, of 695,600 shares, the days-to-cover ratio is currently 7.4 days. Currently, 4.8% of the shares of the stock are short sold. View Genesis Energy's Current Options Chain.

Some companies that are related to Genesis Energy include YPF (YPF), Sunoco (SUN), Sunrun (RUN), Subsea 7 (SUBCY), WPX Energy (WPX), Sasol (SSL), SemGroup (SEMG), Holly Energy Partners (HEP), Covanta (CVA), Magnolia Oil & Gas (MGY), Plains GP (PAGP), Antero Midstream (AM), SunPower (SPWR), Dril-Quip (DRQ) and Viper Energy Partners (VNOM).

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), AT&T (T), iShares US Preferred Stock ETF (PFF), Omega Healthcare Investors (OHI), Magellan Midstream Partners (MMP), Apollo Investment (AINV), Kinder Morgan (KMI), Verizon Communications (VZ) and AbbVie (ABBV).

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

Genesis Energy's stock is owned by many different retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (10.67%), Chickasaw Capital Management LLC (7.23%), Tortoise Capital Advisors L.L.C. (3.60%), Tortoise Capital Advisors L.L.C. (3.60%), Goldman Sachs Group Inc. (3.06%) and UBS Group AG (1.42%). Company insiders that own Genesis Energy stock include Chad Anthony Landry, Edward T Flynn, Garland G Gaspard, Jack T Taylor, James E Davison, 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, UBS Group AG, Credit Suisse AG, Teacher Retirement System of Texas, Jane Street Group LLC, Alps Advisors Inc., Fort Washington Investment Advisors Inc. OH, and Infrastructure Capital Advisors LLC. View insider buying and selling activity for Genesis Energy.

GEL stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C., First Trust Advisors LP, Duff & Phelps Investment Management Co., Novare Capital Management LLC, California Public Employees Retirement System, and Sumitomo Mitsui Trust Holdings Inc.. Company insiders that have bought Genesis Energy stock in the last two years include Chad Anthony Landry, Edward T Flynn, Garland G Gaspard, Jack T Taylor, James E Davison, Kenneth M Jastrow II, Kristen O Jesulaitis, and Ryan S Sims. View insider buying and selling activity 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 $3.11.

Genesis Energy has a market capitalization of $381.22 million and generates $2.48 billion in revenue each year. The pipeline company earns $96 million in net income (profit) each year or $0.36 on an earnings per share basis. Genesis Energy employs 2,200 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]