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 14.80%. The ex-dividend date is Thursday, January 30th. View Genesis Energy's Dividend History.

Genesis Energy, L.P. (NYSE:GEL) posted its quarterly earnings results on Wednesday, February, 19th. The pipeline company reported $0.03 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.01 by $0.02. The pipeline company had revenue of $604.33 million for the quarter, compared to analysts' expectations of $697.50 million. Genesis Energy had a net margin of 3.87% and a return on equity of 7.60%. The company's revenue was down 12.3% on a year-over-year basis. During the same period in the previous year, the company posted ($0.35) EPS. View Genesis Energy's Earnings History.

Genesis Energy is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Genesis Energy.

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 expect Genesis Energy's stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 41.3% 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, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Genesis Energy.

Media coverage about GEL stock has been trending negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Genesis Energy earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave media headlines about the pipeline company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Genesis Energy.

Genesis Energy saw a decrease in short interest during the month of January. As of January 15th, there was short interest totalling 6,270,000 shares, a decrease of 10.8% from the December 31st total of 7,030,000 shares. Based on an average trading volume of 673,500 shares, the short-interest ratio is presently 9.3 days. Currently, 5.9% of the company's shares are short sold. View Genesis Energy's Current Options Chain.

Some companies that are related to Genesis Energy include Enphase Energy (ENPH), Western Midstream Partners (WES), KUNLUN ENERGY C/ADR (KLYCY), KONINKLIJKE VOP/ADR (VOPKY), HollyFrontier (HFC), Buckeye Partners (BPL), Cabot Oil & Gas (COG), Tallgrass Energy (TGE), Solaredge Technologies (SEDG), FUCHS PETROLUB/ADR (FUPBY), Ultrapar Participacoes (UGP), First Solar (FSLR), Banco Bradesco (BAK), Braskem (BRKMY) and Parsley Energy (PE).

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 Johnson & Johnson (JNJ).

Genesis Energy's stock is owned by many different of institutional and retail investors. Top institutional investors include Alps Advisors Inc. (10.67%), Chickasaw Capital Management LLC (7.23%), Tortoise Capital Advisors L.L.C. (3.60%), Goldman Sachs Group Inc. (3.06%), UBS Group AG (1.42%) and Duff & Phelps Investment Management Co. (0.64%). 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, 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 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., First Trust Advisors LP, Duff & Phelps Investment Management Co., Novare Capital Management LLC, California Public Employees Retirement System, Sumitomo Mitsui Trust Holdings Inc. and Russell Investments Group Ltd.. 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 $14.86.

Genesis Energy has a market capitalization of $1.82 billion and generates $2.48 billion in revenue each year. The pipeline company earns $-6,070,000.00 in net income (profit) each year or $0.36 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]