Genie Energy Company Profile (NYSE:GNE)

About Genie Energy (NYSE:GNE)

Genie Energy logoGenie Energy Ltd. (Genie) owns interest in its subsidiary, Genie Energy International Corporation, which owns Genie Retail Energy and Genie Oil and Gas, Inc. The Company operates through three segments: Genie Retail Energy (GRE), Afek Oil and Gas, Ltd. (Afek), and Genie Oil and Gas (GOGAS). The GRE segment operates retail energy providers (REPs), including IDT Energy, Inc. and Residents Energy, Inc., and energy brokerage and marketing services. Its REP businesses resell electricity and natural gas to residential and small business customers. The Afek segment operates an oil and gas exploration project. The GOGAS segment is an oil and gas exploration company. The GOGAS segment consists of early-stage oil shale projects, including its interest in Genie Mongolia, Inc., an oil shale exploration project; American Shale Oil Corporation, which holds and manages an interest in AMSO, LLC, an oil shale development project, and Israel Energy Initiatives, Ltd., an oil shale development project.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Multiline Utilities
  • Sub-Industry: Independent Power Producers & Energy Traders
  • Symbol: NYSE:GNE
  • CUSIP: 37228420
  • Web: www.genie.com
Capitalization:
  • Market Cap: $167.3 million
  • Outstanding Shares: 24,676,000
Average Prices:
  • 50 Day Moving Avg: $6.06
  • 200 Day Moving Avg: $6.89
  • 52 Week Range: $5.07 - $8.31
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -29.48
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $230.32 million
  • Price / Sales: 0.73
  • Book Value: $2.70 per share
  • Price / Book: 2.51
Dividend:
  • Annual Dividend: $0.30
  • Dividend Yield: 5.0%
Profitability:
  • EBIDTA: ($4,350,000.00)
  • Net Margins: -18.10%
  • Return on Equity: -25.81%
  • Return on Assets: -12.41%
Debt:
  • Debt-to-Equity Ratio: 0.05%
  • Current Ratio: 1.82%
  • Quick Ratio: 1.72%
Misc:
  • Average Volume: 42,938 shs.
  • Beta: 2.14
  • Short Ratio: 9.65
 

Frequently Asked Questions for Genie Energy (NYSE:GNE)

What is Genie Energy's stock symbol?

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

How often does Genie Energy pay dividends? What is the dividend yield for Genie Energy?

Genie Energy declared a quarterly dividend on Thursday, August 3rd. Shareholders of record on Tuesday, August 15th will be paid a dividend of $0.075 per share on Friday, August 25th. This represents a $0.30 annualized dividend and a yield of 4.42%. The ex-dividend date of this dividend is Friday, August 11th. View Genie Energy's Dividend History.

How were Genie Energy's earnings last quarter?

Genie Energy Ltd. (NYSE:GNE) posted its quarterly earnings data on Thursday, August, 3rd. The company reported ($0.50) earnings per share for the quarter. The business had revenue of $52.21 million for the quarter. Genie Energy had a negative return on equity of 25.81% and a negative net margin of 18.10%. View Genie Energy's Earnings History.

When will Genie Energy make its next earnings announcement?

Genie Energy is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Genie Energy.

Who are some of Genie Energy's key competitors?

Who are Genie Energy's key executives?

Genie Energy's management team includes the folowing people:

  • Howard S. Jonas, Chairman of the Board, Chief Executive Officer
  • James A. Courter, Vice Chairman of the Board
  • Geoffrey Rochwarger, Vice Chairman
  • Avi Goldin, Chief Financial Officer
  • Michael Stein, Chief Operating Officer
  • Michael Jonas, Executive Vice President
  • Harold Vinegar Ph.D., Chief Scientist of IEI
  • W. Wesley Perry, Lead Independent Director
  • Alan B. Rosenthal, Independent Director
  • Allan Sass Ph.D., Independent Director

Who owns Genie Energy stock?

Genie Energy's stock is owned by many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (3.28%), Vanguard Group Inc. (2.89%), JPMorgan Chase & Co. (0.84%), State Street Corp (0.78%), Northern Trust Corp (0.64%) and Bank of New York Mellon Corp (0.54%). Company insiders that own Genie Energy stock include Avi Goldin, Howard S Jonas and James A Courter. View Institutional Ownership Trends for Genie Energy.

Who sold Genie Energy stock? Who is selling Genie Energy stock?

Genie Energy's stock was sold by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC and California State Teachers Retirement System. Company insiders that have sold Genie Energy stock in the last year include Avi Goldin and James A Courter. View Insider Buying and Selling for Genie Energy.

Who bought Genie Energy stock? Who is buying Genie Energy stock?

Genie Energy's stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Vanguard Group Inc., Dimensional Fund Advisors LP, State Street Corp, Nationwide Fund Advisors, Martingale Asset Management L P, Strs Ohio and PDT Partners LLC. View Insider Buying and Selling for Genie Energy.

How do I buy Genie Energy stock?

Shares of Genie Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Genie Energy's stock price today?

One share of Genie Energy stock can currently be purchased for approximately $6.78.


MarketBeat Community Rating for Genie Energy (NYSE GNE)
Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  24 (Vote Outperform)
Underperform Votes:  47 (Vote Underperform)
Total Votes:  71
MarketBeat's community ratings are surveys of what our community members think about Genie Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Genie Energy (NYSE:GNE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Genie Energy (NYSE:GNE)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Genie Energy (NYSE:GNE)
Earnings by Quarter for Genie Energy (NYSE:GNE)
Earnings History by Quarter for Genie Energy (NYSE GNE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017        
8/3/2017Q2 2017($0.50)$52.21 millionViewListenView Earnings Details
5/3/2017Q1 2017$0.13$69.44 millionViewListenView Earnings Details
3/8/2017Q4 2016($0.05)$51.50 millionViewListenView Earnings Details
11/3/2016Q316($0.26)$308.28 million$57.20 millionViewN/AView Earnings Details
8/4/2016Q216$0.13$39.50 million$44.00 millionViewN/AView Earnings Details
5/4/2016Q116$0.26$308.28 million$58.10 millionViewN/AView Earnings Details
3/9/2016Q4($0.19)$49.70 million$43.90 millionViewN/AView Earnings Details
11/4/2015Q3$0.10$52.24 millionViewN/AView Earnings Details
8/6/2015Q215($0.22)$48.80 million$39.50 millionViewN/AView Earnings Details
5/5/2015Q115($0.11)$130.30 million$74.40 millionViewN/AView Earnings Details
11/5/2014Q3 2014($0.02)($0.22)$66.64 million$46.19 millionViewN/AView Earnings Details
8/7/2014Q2 2014($0.18)($0.24)$51.40 million$48.81 millionViewN/AView Earnings Details
5/7/2014Q1 2014($0.05)($0.33)$77.37 million$130.35 millionViewN/AView Earnings Details
11/6/2013$0.04$0.08ViewN/AView Earnings Details
8/8/2013Q213($0.24)($0.32)$55.99 million$55.10 millionViewN/AView Earnings Details
5/7/2013Q113$0.02($0.09)$68.05 million$85.30 millionViewN/AView Earnings Details
3/13/2013Q4 12$0.08ViewN/AView Earnings Details
11/13/2012Q312($0.13)$52.20 million$63.70 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Genie Energy (NYSE:GNE)
Current Year EPS Consensus Estimate: $-0.77 EPS
Next Year EPS Consensus Estimate: $-0.23 EPS

Dividends

Current Dividend Information for Genie Energy (NYSE:GNE)
Most Recent Dividend:8/25/2017
Annual Dividend:$0.30
Dividend Yield:4.42%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-16.22% (Trailing 12 Months of Earnings)
-38.96% (Based on This Year's Estimates)
-130.43% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Genie Energy (NYSE:GNE)

Dividend History by Quarter for Genie Energy (NYSE GNE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/3/2017Quarterly$0.084.85%8/11/20178/15/20178/25/2017
5/3/2017quarterly$0.084.14%5/11/20175/15/20175/19/2017
3/8/2017quarterly$0.064%3/16/20173/20/20173/24/2017
11/4/2016quarterly$0.064.64%11/17/201611/21/201612/2/2016
8/4/2016quarterly$0.063.74%8/17/20168/20/20168/26/2016
5/5/2016quarterly$0.063.19%5/12/20165/16/20165/20/2016
1/25/2016quarterly$0.062/3/20162/5/20162/12/2016
5/5/2015quarterly$0.061.92%5/13/20155/15/20155/22/2015
3/12/2015special$0.063/19/20153/23/20153/31/2015
11/12/2014quarterly$0.063.61%11/20/201411/24/201412/2/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Genie Energy (NYSE:GNE)
Insider Ownership Percentage: 31.00%
Institutional Ownership Percentage: 20.70%
Insider Trades by Quarter for Genie Energy (NYSE:GNE)
Institutional Ownership by Quarter for Genie Energy (NYSE:GNE)
Insider Trades by Quarter for Genie Energy (NYSE:GNE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/12/2017James A CourterDirectorSell5,000$6.03$30,150.00View SEC Filing  
8/31/2017James A CourterDirectorSell5,000$6.18$30,900.00View SEC Filing  
8/15/2017James A CourterDirectorSell5,000$5.95$29,750.00View SEC Filing  
8/7/2017Avi GoldinCFOSell8,500$6.21$52,785.00View SEC Filing  
7/27/2017James A CourterDirectorSell5,000$6.70$33,500.00View SEC Filing  
7/11/2017James A CourterDirectorSell5,000$6.67$33,350.00View SEC Filing  
6/27/2017James A CourterDirectorSell5,000$7.57$37,850.00View SEC Filing  
6/8/2017James A CourterDirectorSell5,000$7.76$38,800.00View SEC Filing  
5/23/2017James A CourterDirectorSell5,000$7.68$38,400.00View SEC Filing  
5/12/2017James A CourterDirectorSell5,000$7.36$36,800.00View SEC Filing  
4/24/2017James A CourterDirectorSell5,000$8.04$40,200.00View SEC Filing  
4/12/2017James A CourterDirectorSell5,000$7.27$36,350.00View SEC Filing  
3/24/2017James A CourterDirectorSell5,000$5.72$28,600.00View SEC Filing  
3/6/2017Howard S. JonasChairmanBuy11,733$5.37$63,006.21View SEC Filing  
3/6/2017James A CourterDirectorSell5,000$5.32$26,600.00View SEC Filing  
3/2/2017Howard S. JonasChairmanBuy4,900$5.39$26,411.00View SEC Filing  
2/22/2017James A CourterDirectorSell5,000$5.61$28,050.00View SEC Filing  
2/9/2017James A CourterDirectorSell5,000$5.55$27,750.00View SEC Filing  
1/25/2017James A CourterDirectorSell5,000$5.77$28,850.00View SEC Filing  
1/10/2017James A CourterDirectorSell5,000$5.78$28,900.00View SEC Filing  
12/29/2016James A CourterDirectorSell5,000$5.71$28,550.00View SEC Filing  
12/12/2016James A CourterDirectorSell5,000$5.81$29,050.00View SEC Filing  
12/8/2016Howard S. JonasChairmanBuy1,573$5.38$8,462.74View SEC Filing  
11/30/2016James A CourterDirectorSell5,000$5.99$29,950.00View SEC Filing  
11/15/2016James A CourterDirectorSell5,000$6.11$30,550.00View SEC Filing  
11/2/2016James A CourterDirectorSell5,000$5.19$25,950.00View SEC Filing  
10/18/2016James A CourterDirectorSell5,000$5.55$27,750.00View SEC Filing  
10/3/2016James A CourterDirectorSell5,000$5.84$29,200.00View SEC Filing  
9/20/2016James A CourterDirectorSell5,000$6.03$30,150.00View SEC Filing  
9/7/2016James A CourterDirectorSell5,000$6.21$31,050.00View SEC Filing  
8/25/2016James A CourterDirectorSell5,000$6.19$30,950.00View SEC Filing  
8/10/2016James A CourterDirectorSell5,000$6.71$33,550.00View SEC Filing  
7/26/2016James A CourterDirectorSell5,000$6.83$34,150.00View SEC Filing  
7/11/2016James A CourterDirectorSell5,000$6.41$32,050.00View SEC Filing  
6/29/2016James A CourterDirectorSell25,000$7.14$178,500.00View SEC Filing  
4/15/2016Howard S JonasCEOSell263,713$6.32$1,666,666.16View SEC Filing  
3/13/2015Alan B RosenthalDirectorBuy10,000$7.19$71,900.00View SEC Filing  
5/15/2013Alan B RosenthalDirectorBuy5,000$9.47$47,350.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Genie Energy (NYSE:GNE)
Latest Headlines for Genie Energy (NYSE:GNE)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Genie Energy Ltd. : September 19, 2017
finance.yahoo.com - September 19 at 7:07 PM
finance.yahoo.com logoGenie Energy Ltd. :GNE-US: Earnings Analysis: Q2, 2017 By the Numbers : September 18, 2017
finance.yahoo.com - September 18 at 6:39 PM
americanbankingnews.com logoJames A. Courter Sells 5,000 Shares of Genie Energy Ltd. (GNE) Stock
www.americanbankingnews.com - September 13 at 4:56 PM
americanbankingnews.com logoInsider Selling: Genie Energy Ltd. (GNE) Director Sells 5,000 Shares of Stock
www.americanbankingnews.com - August 31 at 8:00 PM
finance.yahoo.com logoDiversegy Introduces "MATT", a New Matrix Pricing Tool
finance.yahoo.com - August 24 at 6:52 AM
americanbankingnews.com logoGenie Energy Ltd. (GNE) Director James A. Courter Sells 5,000 Shares
www.americanbankingnews.com - August 16 at 1:34 PM
finance.yahoo.com logoGenie Energy Acquires Florida-Based Commercial Natural Gas Supplier
finance.yahoo.com - August 14 at 7:30 PM
americanbankingnews.com logoGenie Energy Ltd. (NYSE:GNE) CFO Sells $52,785.00 in Stock
www.americanbankingnews.com - August 8 at 4:22 PM
americanbankingnews.com logoGenie Energy Ltd. (NYSE:GNE) Declares $0.08 Dividend
www.americanbankingnews.com - August 6 at 11:46 AM
americanbankingnews.com logoGenie Energy Ltd. (GNE) Issues Earnings Results
www.americanbankingnews.com - August 6 at 12:08 AM
americanbankingnews.com logoGenie Energy Ltd. (NYSE:GNE) Downgraded by TheStreet to D+
www.americanbankingnews.com - August 5 at 8:58 AM
nasdaq.com logoMid-Afternoon Market Update: Natural Grocers Drops On Disappointing Earnings; Yelp Shares Spike Higher
www.nasdaq.com - August 4 at 7:22 PM
finance.yahoo.com logoGenie Energy Ltd. Reports Second Quarter 2017 Results
finance.yahoo.com - August 3 at 4:12 PM
finance.yahoo.com logoGenie Energy reports 2Q loss
finance.yahoo.com - August 3 at 4:12 PM
finance.yahoo.com logoGenie Energy Launches JV to Pursue UK Retail Energy Market
finance.yahoo.com - August 2 at 10:42 PM
americanbankingnews.com logoInsider Selling: Genie Energy Ltd. (NYSE:GNE) Director Sells 5,000 Shares of Stock
www.americanbankingnews.com - July 28 at 4:32 PM
americanbankingnews.com logoGenie Energy Ltd. (GNE) Set to Announce Quarterly Earnings on Thursday
www.americanbankingnews.com - July 27 at 11:32 AM
finance.yahoo.com logoGenie Energy (GNE) to Report Second Quarter 2017 Results
finance.yahoo.com - July 18 at 9:03 PM
americanbankingnews.com logoJames A. Courter Sells 5,000 Shares of Genie Energy Ltd. (NYSE:GNE) Stock
www.americanbankingnews.com - July 12 at 1:47 PM
finance.yahoo.com logoETFs with exposure to Genie Energy Ltd. : July 11, 2017
finance.yahoo.com - July 11 at 8:48 PM
americanbankingnews.com logoGenie Energy Ltd (GNE) Director James A. Courter Sells 5,000 Shares
www.americanbankingnews.com - June 9 at 1:36 PM
finance.yahoo.com logoETFs with exposure to Genie Energy Ltd. : May 26, 2017
finance.yahoo.com - May 26 at 6:08 PM
thestreet.com logoGenie Energy's Series A Preferred Stock Shares Cross 8.5% Yield Mark
www.thestreet.com - May 24 at 5:20 PM
finance.yahoo.com logoETFs with exposure to Genie Energy Ltd. : May 15, 2017
finance.yahoo.com - May 15 at 5:04 PM
americanbankingnews.com logoJames A. Courter Sells 5,000 Shares of Genie Energy Ltd (GNE) Stock
www.americanbankingnews.com - May 15 at 1:26 PM
finance.yahoo.com logoGenie Energy Ltd. :GNE-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017
finance.yahoo.com - May 12 at 6:07 PM
americanbankingnews.com logoGenie Energy Ltd (GNE) Upgraded by TheStreet to C-
www.americanbankingnews.com - May 6 at 11:52 PM
americanbankingnews.com logoGenie Energy Ltd Declares Quarterly Dividend of $0.08 (gne)
www.americanbankingnews.com - May 6 at 9:20 PM
americanbankingnews.com logoGenie Energy Ltd (GNE) Releases Quarterly Earnings Results
www.americanbankingnews.com - May 6 at 12:41 AM
americanbankingnews.com logoGenie Energy Ltd (GNE) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 6 at 12:17 AM
americanbankingnews.com logoGenie Energy Ltd (GNE) Announces Earnings Results
www.americanbankingnews.com - May 5 at 11:52 PM
americanbankingnews.com logoGenie Energy Ltd (GNE) Issues Earnings Results
www.americanbankingnews.com - May 5 at 2:30 PM
finance.yahoo.com logoGenie Energy Ltd. Reports First Quarter 2017 Results
finance.yahoo.com - May 3 at 9:24 AM
finance.yahoo.com logoGenie Energy posts 1Q profit
finance.yahoo.com - May 3 at 9:24 AM
americanbankingnews.com logoGenie Energy (GNE) Earning Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - May 2 at 10:34 PM
americanbankingnews.com logoGenie Energy (GNE) Earns Daily Media Impact Rating of 0.21
www.americanbankingnews.com - April 28 at 11:02 PM
americanbankingnews.com logoGenie Energy (GNE) Receives Coverage Optimism Rating of 0.27
www.americanbankingnews.com - April 25 at 8:16 PM
americanbankingnews.com logoGenie Energy (GNE) Receiving Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 19 at 12:35 PM
finance.yahoo.com logoGenie Energy (GNE) to Report First Quarter 2017 Results
finance.yahoo.com - April 19 at 11:50 AM
finance.yahoo.com logoGenie Energy to Present at the Planet MicroCap Showcase 2017
finance.yahoo.com - April 17 at 11:15 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Extremely Likely to Effect Genie Energy (GNE) Share Price
www.americanbankingnews.com - April 16 at 12:17 PM
americanbankingnews.com logoGenie Energy Ltd (GNE) Director Sells $36,350.00 in Stock
www.americanbankingnews.com - April 13 at 8:20 PM
americanbankingnews.com logoGenie Energy (GNE) Getting Favorable Media Coverage, Report Shows
www.americanbankingnews.com - April 13 at 7:01 PM
finance.yahoo.com logoGenie Energy Ltd. Expands Loan Facility
finance.yahoo.com - April 7 at 10:05 AM
finance.yahoo.com logoETFs with exposure to Genie Energy Ltd. : April 5, 2017
finance.yahoo.com - April 7 at 10:05 AM
americanbankingnews.com logoGenie Energy Ltd (GNE) Director Sells $28,600.00 in Stock
www.americanbankingnews.com - March 27 at 1:25 PM
finance.yahoo.com logoGenie Energy to Present at The MicroCap Conference on April 4th at 11:00AM ET in New York City at the Essex House
finance.yahoo.com - March 20 at 7:16 PM
biz.yahoo.com logoGENIE ENERGY LTD. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 16 at 6:43 PM
seekingalpha.com logoGenie Energy's (GNE) Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 10 at 10:24 AM
biz.yahoo.com logoQ4 2016 Genie Energy Ltd Earnings Release - Before Market Open
us.rd.yahoo.com - March 8 at 6:17 PM

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Chart

Genie Energy (GNE) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff