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 Thursday, January 9th. Shareholders of record on Friday, January 31st will be paid a dividend of $0.55 per share on Friday, February 14th. This represents a $2.20 annualized dividend and a yield of 10.25%. The ex-dividend date is Thursday, January 30th. View Genesis Energy's Dividend History.

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

4 analysts have issued twelve-month price objectives for Genesis Energy's shares. Their forecasts range from $21.00 to $27.00. On average, they anticipate Genesis Energy's stock price to reach $24.67 in the next year. This suggests a possible upside of 14.9% from the stock's current price. View Analyst Price Targets for Genesis Energy.

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.

News articles about GEL stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Genesis Energy earned a coverage optimism score of 3.0 on InfoTrie's scale. They also assigned news stories about the pipeline company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Genesis Energy.

Genesis Energy saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 6,270,000 shares, a decrease of 10.8% from the December 15th total of 7,030,000 shares. Based on an average trading volume of 668,900 shares, the days-to-cover ratio is currently 9.4 days. Currently, 5.9% of the shares of the company are sold short. View Genesis Energy's Current Options Chain.

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

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), Apollo Investment (AINV), Omega Healthcare Investors (OHI), Kinder Morgan (KMI), Johnson & Johnson (JNJ) and Verizon Communications (VZ).

Genesis Energy's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (7.23%), Spirit of America Management Corp NY (0.17%), Sanders Morris Harris LLC (0.05%) and Arlington Partners LLC (0.00%). 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, Spirit of America Management Corp NY and Sanders Morris Harris LLC. View Insider Buying and Selling for Genesis Energy.

GEL stock was bought by a variety of institutional investors in the last quarter, including Arlington Partners LLC. 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 $21.46.

Genesis Energy has a market capitalization of $2.63 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]