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NYSE:GNE

Genie Energy (GNE) Stock Price, News & Analysis

$16.83
+0.14 (+0.84%)
(As of 07/26/2024 ET)
Today's Range
$16.81
$17.06
50-Day Range
$14.22
$16.91
52-Week Range
$13.07
$30.90
Volume
84,585 shs
Average Volume
146,858 shs
Market Capitalization
$456.60 million
P/E Ratio
33.66
Dividend Yield
1.78%
Price Target
N/A

Genie Energy MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
3.22% 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

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.55 out of 5 stars

Utilities Sector

65th out of 90 stocks

Electric & Other Services Combined Industry

15th out of 18 stocks

GNE stock logo

About Genie Energy Stock (NYSE:GNE)

Genie Energy Ltd., through its subsidiaries, engages in the supply of electricity and natural gas to residential and small business customers in the United States and internationally. It operates in two segments, GRE and Genie Renewables. The company also develops, constructs, and operates solar energy projects for commercial and industrial customers, as well as its own portfolio; provides energy brokerage and advisory services; markets community solar energy solutions; and manufactures and distributes solar panel, as well as engages in solar installation design and project management activities. Genie Energy Ltd. was incorporated in 2011 and is headquartered in Newark, New Jersey.

GNE Stock Price History

GNE Stock News Headlines

Genie Energy (NYSE:GNE) Upgraded to "Buy" at StockNews.com
Genie Energy to Report Second Quarter 2024 Results
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Genie Energy: Q1 Earnings Snapshot
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Genie Energy Announces First Quarter 2024 Results
Genie Energy to Report First Quarter 2024 Results
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Ex-Dividend for 5/31 Dividend
5/17/2024
Dividend Payable
5/31/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric & other services combined
Sub-Industry
Independent Power Producers & Energy Traders
CUSIP
37228420
Employees
190
Year Founded
N/A

Profitability

Net Income
$19.54 million
Pretax Margin
3.17%

Debt

Sales & Book Value

Annual Sales
$428.71 million
Cash Flow
$1.82 per share
Book Value
$6.73 per share

Miscellaneous

Free Float
22,654,000
Market Cap
$456.60 million
Optionable
Optionable
Beta
0.15

Social Links

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Key Executives

  • Mr. Michael M. Stein (Age 40)
    Chief Executive Officer
    Comp: $1.91M
  • Mr. Avi Goldin (Age 47)
    Chief Financial Officer
    Comp: $1.15M
  • Mr. Bill Ulrey
    Vice President of Investor Relations & External Affairs
  • Ms. Joyce J. Mason Esq. (Age 65)
    Corporate Secretary & Director
  • Mr. Efraim Eitam
    President of Genie Oil & Gas
  • Mr. Alan Schwab
    President & COO of Genie Retail Energy, Inc.

GNE Stock Analysis - Frequently Asked Questions

How have GNE shares performed this year?

Genie Energy's stock was trading at $28.13 at the start of the year. Since then, GNE shares have decreased by 40.2% and is now trading at $16.83.
View the best growth stocks for 2024 here
.

How were Genie Energy's earnings last quarter?

Genie Energy Ltd. (NYSE:GNE) issued its earnings results on Wednesday, May, 8th. The oil and gas producer reported $0.33 earnings per share (EPS) for the quarter. The oil and gas producer earned $119.69 million during the quarter. Genie Energy had a trailing twelve-month return on equity of 24.06% and a net margin of 2.99%.

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.

Who are Genie Energy's major shareholders?

Genie Energy's top institutional shareholders include Bank of New York Mellon Corp (0.61%), Allspring Global Investments Holdings LLC (0.29%) and Harel Insurance Investments & Financial Services Ltd. (0.05%). Insiders that own company stock include James A Courter, Avi Goldin, Alan B Rosenthal and Joyce J Mason.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Genie Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and General Electric (GE).

This page (NYSE:GNE) was last updated on 7/27/2024 by MarketBeat.com Staff

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