Genie Energy Stock Forecast, Price & News

Genie Energy's stock was trading at $5.57 at the start of the year. Since then, GNE shares have increased by 56.7% and is now trading at $8.73.
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Genie Energy saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 137,100 shares, an increase of 51.5% from the May 31st total of 90,500 shares. Based on an average trading volume of 66,500 shares, the days-to-cover ratio is currently 2.1 days. Currently, 1.1% of the company's stock are short sold.
View Genie Energy's Short Interest.

Genie Energy is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Genie Energy.

Genie Energy Ltd. (NYSE:GNE) issued its quarterly earnings results on Monday, May, 9th. The oil and gas producer reported $0.67 EPS for the quarter. The oil and gas producer had revenue of $98.53 million for the quarter. Genie Energy had a trailing twelve-month return on equity of 29.18% and a net margin of 12.73%.
View Genie Energy's earnings history.

Genie Energy announced a quarterly dividend on Monday, May 9th. Stockholders of record on Friday, May 20th will be given a dividend of $0.075 per share on Tuesday, May 31st. This represents a $0.30 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date of this dividend is Thursday, May 19th.
View Genie Energy's dividend history.

Genie Energy(NYSE:GNE) pays an annual dividend of $0.30 per share and currently has a dividend yield of 3.36%. The dividend payout ratio of Genie Energy is 15.96%. This payout ratio is at a healthy, sustainable level, below 75%.
View Genie Energy's dividend history.

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

Some companies that are related to Genie Energy include Duke Energy (DUK), Exelon (EXC), Xcel Energy (XEL), Consolidated Edison (ED), WEC Energy Group (WEC), Public Service Enterprise Group (PEG), PG&E (PCG), E.On (EONGY), Ameren (AEE), CMS Energy (CMS), Evergy (EVRG), Alliant Energy (LNT), NiSource (NI), United Utilities Group (UUGRY) and NorthWestern (NWE).
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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).

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

Genie Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include J. Goldman & Co LP (4.82%), Renaissance Technologies LLC (2.64%), BlackRock Inc. (1.49%), Kahn Brothers Group Inc. (1.23%), State Street Corp (0.37%) and Northern Trust Corp (0.16%). Company insiders that own Genie Energy stock include Alan B Rosenthal, Avi Goldin and James A Courter.
View institutional ownership trends for Genie Energy.

GNE stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, JPMorgan Chase & Co., BlackRock Inc., Northern Trust Corp, and Simplex Trading LLC.
View insider buying and selling activity for Genie Energy or view top insider-selling stocks.

GNE stock was bought by a variety of institutional investors in the last quarter, including Kahn Brothers Group Inc., J. Goldman & Co LP, Ahrens Investment Partners LLC, Advisor Group Holdings Inc., and State Street Corp.
View insider buying and selling activity for Genie Energy or or view top insider-buying stocks.

Shares of GNE 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.
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One share of GNE stock can currently be purchased for approximately $8.73.

Genie Energy (NYSE:GNE) has a market capitalization of $228.69 million and generates $363.73 million in revenue each year. The oil and gas producer earns $29.21 million in net income (profit) each year or $1.879990 on an earnings per share basis.

Genie Energy employs 186 workers across the globe.

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