S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
NYSE:GNE

Genie Energy (GNE) Stock Forecast, Price & News

$15.59
+0.65 (+4.35%)
(As of 05/26/2023 ET)
Compare
Today's Range
$15.06
$15.66
50-Day Range
$10.76
$16.23
52-Week Range
$7.50
$16.86
Volume
188,212 shs
Average Volume
132,535 shs
Market Capitalization
$405.54 million
P/E Ratio
4.95
Dividend Yield
1.92%
Price Target
N/A

Genie Energy MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.93% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.56
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.48 out of 5 stars

Utilities Sector

79th out of 85 stocks

Electric & Other Services Combined Industry

18th out of 19 stocks


GNE stock logo

About Genie Energy (NYSE:GNE) Stock

Genie Energy Ltd. engages in the provision of energy services. It operates through Genie Retail Energy and Genie Renewables. The Genie Retail Energy segment supplies electricity and natural gas to residential and small business customers. The Genie Renewables segment includes Genie Solar, CityCom Solar, Prism Solar Technologies, and Diversegy LLC. The company was founded by Howard S. Jonas in November 2004 and is headquartered in Newark, NJ.

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GNE Stock News Headlines

Will Fed Rate-Hike Pause Lead To Small-Cap Outperformance? (GNE)
Domestic small caps have underperformed larger stocks, but Bank of America research suggests quality small caps thrive after the Fed pauses rate hikes.
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Genie Energy Ltd. (GNE) To Go Ex-Dividend on May 18th
Q1 2023 Genie Energy Ltd Earnings Call
15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
Genie Energy Announces First Quarter 2023 Results
Genie Energy (GNE) Set to Announce Earnings on Monday
Genie Energy to Report First Quarter 2023 Results
Genie Energy (NYSE:GNE) Downgraded to Buy at StockNews.com
Q4 2022 Genie Energy Ltd Earnings Call
See More Headlines
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GNE Company Calendar

Ex-Dividend for 3/1 Dividend
2/17/2023
Dividend Payable
3/01/2023
Last Earnings
3/13/2023
Ex-Dividend for 5/30 Dividend
5/18/2023
Today
5/27/2023
Dividend Payable
5/30/2023
Next Earnings (Estimated)
8/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric & other services combined
Sub-Industry
Independent Power Producers & Energy Traders
Sector
Utilities
CUSIP
37228420
Employees
186
Year Founded
N/A

Profitability

Net Income
$87.81 million
Pretax Margin
19.58%

Debt

Sales & Book Value

Annual Sales
$334.89 million
Cash Flow
$2.50 per share
Book Value
$6.85 per share

Miscellaneous

Free Float
21,097,000
Market Cap
$405.54 million
Optionable
Optionable
Beta
0.43

Social Links


Key Executives

  • Michael Menachem Stein
    Chief Executive Officer
  • Avi Goldin
    Chief Financial Officer
  • Joyce J. Mason
    Secretary & Director
  • Bill Ulrey
    VP-Investor Relations & External Affairs













GNE Stock - Frequently Asked Questions

How have GNE shares performed in 2023?

Genie Energy's stock was trading at $10.34 at the start of the year. Since then, GNE shares have increased by 50.8% and is now trading at $15.59.
View the best growth stocks for 2023 here
.

Are investors shorting Genie Energy?

Genie Energy saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 367,500 shares, an increase of 18.1% from the March 31st total of 311,100 shares. Based on an average trading volume of 108,600 shares, the short-interest ratio is presently 3.4 days. Currently, 1.9% of the company's stock are short sold.
View Genie Energy's Short Interest
.

When is Genie Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our GNE earnings forecast
.

How were Genie Energy's earnings last quarter?

Genie Energy Ltd. (NYSE:GNE) released its quarterly earnings data on Monday, March, 13th. The oil and gas producer reported $0.44 earnings per share for the quarter. The oil and gas producer had revenue of $81.40 million for the quarter. Genie Energy had a trailing twelve-month return on equity of 51.66% and a net margin of 24.59%.

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

Genie Energy declared a quarterly dividend on Monday, May 8th. Shareholders of record on Friday, May 19th will be paid a dividend of $0.075 per share on Tuesday, May 30th. This represents a $0.30 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend is Thursday, May 18th.
Read our dividend analysis for GNE
.

What ETFs hold Genie Energy's stock?

ETFs with the largest weight of Genie Energy (NYSE:GNE) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Royce Quant Small-Cap Quality Value ETF (SQLV),

Is Genie Energy a good dividend stock?

Genie Energy (NYSE:GNE) pays an annual dividend of $0.30 per share and currently has a dividend yield of 1.99%. The dividend payout ratio is 9.52%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for GNE.

What is Marc England's approval rating as Genie Energy's CEO?

9 employees have rated Genie Energy Chief Executive Officer Marc England on Glassdoor.com. Marc England has an approval rating of 100% among the company's employees. This puts Marc England in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Genie Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Genie Energy investors own include Energy Transfer (ET), New Residential Investment (NRZ), Transocean (RIG), Capital Product Partners (CPLP), Enterprise Products Partners (EPD), Freeport-McMoRan (FCX), General Electric (GE), GasLog (GLOG), Schlumberger (SLB) and AT&T (T).

What is Genie Energy's stock symbol?

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

Who are Genie Energy's major shareholders?

Genie Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (4.59%), Renaissance Technologies LLC (2.27%), BlackRock Inc. (1.52%), Acadian Asset Management LLC (0.93%), Geode Capital Management LLC (0.71%) and Arrowstreet Capital Limited Partnership (0.49%).
View institutional ownership trends
.

How do I buy shares of Genie Energy?

Shares of GNE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Genie Energy's stock price today?

One share of GNE stock can currently be purchased for approximately $15.59.

How much money does Genie Energy make?

Genie Energy (NYSE:GNE) has a market capitalization of $405.54 million and generates $334.89 million in revenue each year. The oil and gas producer earns $87.81 million in net income (profit) each year or $3.15 on an earnings per share basis.

How many employees does Genie Energy have?

The company employs 186 workers across the globe.

How can I contact Genie Energy?

Genie Energy's mailing address is 520 BROAD STREET, NEWARK NJ, 07102. The official website for the company is www.genie.com. The oil and gas producer can be reached via phone at (973) 438-3500, via email at invest@genie.com, or via fax at 973-438-1256.

This page (NYSE:GNE) was last updated on 5/27/2023 by MarketBeat.com Staff

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