NYSE:GNE - Genie Energy Stock Price, News & Analysis

$7.25
-0.11 (-1.49 %)
(As of 08/26/2019 06:00 AM ET)
Today's Range
$7.22
Now: $7.25
$7.54
50-Day Range
$6.99
MA: $9.61
$11.83
52-Week Range
$5.08
Now: $7.25
$11.98
Volume224,793 shs
Average Volume298,510 shs
Market Capitalization$197.49 million
P/E Ratio8.06
Dividend Yield4.08%
Beta1.37
Genie Energy Ltd., through its subsidiaries, operates as a retail energy provider; and an oil and gas exploration company. The company operates through three segments: Genie Retail Energy; Genie Energy Services; and Genie Oil and Gas, Inc. It resells electricity and natural gas to residential and small business customers primarily in the Eastern and Midwestern United States, as well as in the United Kingdom, Japan, and Finland. The company also engages in the provision of energy brokerage and advisory services; and solar panel manufacturing, and solar installation design and project management activities. In addition, it holds an 86.1% interest in the southern portion of the Golan Heights in Northern Israel, as well as owns an interest in a contracted drilling services. Genie Energy Ltd. was incorporated in 2001 and is headquartered in Newark, New Jersey.

Industry, Sector and Symbol

Industry Electric & other services combined
Sub-IndustryIndependent Power Producers & Energy Traders
SectorUtilities
CUSIP37228420
Phone973-438-3500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$280.31 million
Cash Flow$0.9771 per share
Book Value$2.53 per share

Profitability

Net Income$22.78 million

Miscellaneous

Employees183
Market Cap$197.49 million
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

Receive GNE News and Ratings via Email

Sign-up to receive the latest news and ratings for GNE and its competitors with MarketBeat's FREE daily newsletter.


Genie Energy (NYSE:GNE) Frequently Asked Questions

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 Monday, August 5th. Shareholders of record on Friday, August 16th will be given a dividend of $0.075 per share on Friday, August 23rd. This represents a $0.30 annualized dividend and a yield of 4.14%. The ex-dividend date of this dividend is Thursday, August 15th. View Genie Energy's Dividend History.

How were Genie Energy's earnings last quarter?

Genie Energy Ltd (NYSE:GNE) issued its quarterly earnings results on Monday, August, 5th. The oil and gas producer reported ($0.29) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.09 by $0.38. The oil and gas producer had revenue of $61.01 million for the quarter, compared to the consensus estimate of $51.10 million. Genie Energy had a net margin of 6.08% and a return on equity of 24.53%. View Genie Energy's Earnings History.

When is Genie Energy's next earnings date?

Genie Energy is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Genie Energy.

What is the consensus analysts' recommendation for Genie Energy?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genie Energy in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Genie Energy.

Has Genie Energy been receiving favorable news coverage?

Headlines about GNE stock have been trending positive on Monday, according to InfoTrie. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Genie Energy earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave news stories about the oil and gas producer a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the immediate future. View News Stories for Genie Energy.

Are investors shorting Genie Energy?

Genie Energy saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 2,102,000 shares, an increase of 7.5% from the June 30th total of 1,956,200 shares. Based on an average trading volume of 295,200 shares, the days-to-cover ratio is presently 7.1 days. Approximately 16.6% of the shares of the stock are sold short. View Genie Energy's Current Options Chain.

Who are some of Genie Energy's key competitors?

What other stocks do shareholders of Genie Energy own?

Who are Genie Energy's key executives?

Genie Energy's management team includes the folowing people:
  • Mr. Michael M. Stein, Chief Exec. Officer (Age 35)
  • Mr. Avi Goldin, Chief Financial Officer (Age 42)
  • Ms. Joyce J. Mason Esq., Corp. Sec. (Age 60)
  • Mr. Efraim Eitam, Pres of Genie Oil & Gas
  • Mr. Alan Schwab, Pres & COO of Genie Retail Energy, Inc.

Who are Genie Energy's major shareholders?

Genie Energy's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.08%), Vanguard Group Inc. (3.66%), Renaissance Technologies LLC (1.98%), Bank of New York Mellon Corp (1.38%), Acadian Asset Management LLC (0.47%) and Invesco Ltd. (0.42%). View Institutional Ownership Trends for Genie Energy.

Which major investors are selling Genie Energy stock?

GNE stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Connor Clark & Lunn Investment Management Ltd., GSA Capital Partners LLP and Bailard Inc.. View Insider Buying and Selling for Genie Energy.

Which major investors are buying Genie Energy stock?

GNE stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Invesco Ltd., Acadian Asset Management LLC, DekaBank Deutsche Girozentrale, Los Angeles Capital Management & Equity Research Inc., Bank of New York Mellon Corp and Charles Schwab Investment Management Inc.. View Insider Buying and Selling for Genie Energy.

How do I buy shares of Genie Energy?

Shares of GNE 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, Scottrade, Fidelity and Charles Schwab.

What is Genie Energy's stock price today?

One share of GNE stock can currently be purchased for approximately $7.25.

How big of a company is Genie Energy?

Genie Energy has a market capitalization of $197.49 million and generates $280.31 million in revenue each year. The oil and gas producer earns $22.78 million in net income (profit) each year or $0.90 on an earnings per share basis. Genie Energy employs 183 workers across the globe.View Additional Information About Genie Energy.

What is Genie Energy's official website?

The official website for Genie Energy is http://www.genie.com/.

How can I contact Genie Energy?

Genie Energy's mailing address is 520 BROAD STREET, NEWARK NJ, 07102. The oil and gas producer can be reached via phone at 973-438-3500 or via email at [email protected]


MarketBeat Community Rating for Genie Energy (NYSE GNE)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  138 (Vote Outperform)
Underperform Votes:  183 (Vote Underperform)
Total Votes:  321
MarketBeat's community ratings are surveys of what our community members think about Genie Energy and other stocks. Vote "Outperform" if you believe GNE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GNE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/26/2019 by MarketBeat.com Staff

Featured Article: What is a Buy-Side Analyst?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel