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 announced a quarterly dividend on Thursday, January 9th. Shareholders 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 dividend on an annualized basis and a dividend yield of 11.11%. The ex-dividend date is Thursday, January 30th. View Genesis Energy's Dividend History.

Genesis Energy, L.P. (NYSE:GEL) announced its quarterly earnings results on Wednesday, November, 6th. The pipeline company reported ($0.01) earnings per share (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 return on equity of 8.53% and a net margin of 1.90%. The business's revenue was down 16.6% compared to the same quarter last year. During the same quarter last year, the business 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.

4 brokers have issued 1-year target prices for Genesis Energy's stock. 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 twelve months. This suggests a possible upside of 24.5% 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.

Headlines about GEL stock have trended somewhat negative recently, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 -1.0 on InfoTrie's scale. They also gave news coverage about the pipeline company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Genesis Energy.

Genesis Energy saw a drop in short interest during the month of December. As of December 31st, there was short interest totalling 6,270,000 shares, a drop of 10.8% from the December 15th total of 7,030,000 shares. Based on an average daily trading volume, of 668,900 shares, the days-to-cover ratio is presently 9.4 days. Approximately 5.9% of the company's stock 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), Showa Shell Sekiyu KK (SWSKF), TechnipFMC (FTI), HollyFrontier (HFC), KUNLUN ENERGY C/ADR (KLYCY), Ultrapar Participacoes (UGP), Banco Bradesco (BAK), KONINKLIJKE VOP/ADR (VOPKY), Braskem (BRKMY), Buckeye Partners (BPL), FUCHS PETROLUB/ADR (FUPBY) and Cabot Oil & Gas (COG).

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

Genesis Energy's stock is owned by a number of of retail and institutional 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%), Janney Montgomery Scott LLC (0.01%) 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, Janney Montgomery Scott LLC, Spirit of America Management Corp NY and Sanders Morris Harris LLC. View Insider Buying and Selling for Genesis Energy.

GEL stock was acquired 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 $19.81.

Genesis Energy has a market capitalization of $2.43 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]