NYSE:GNEGenie Energy Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Genie Energy Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $8.54 -0.14 (-1.61 %) (As of 06/4/2020 04:00 PM ET) Add Compare Share Today's Range$8.50Now: $8.54▼$8.7150-Day Range$7.33MA: $8.12▼$8.6152-Week Range$4.60Now: $8.54▼$11.98Volume109,003 shsAverage Volume121,180 shsMarket Capitalization$224.92 millionP/E Ratio94.89Dividend Yield3.92%Beta1 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Genie Energy. Previous Next 2.2 Community Rank Outperform VotesGenie Energy has received 175 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGenie Energy has received 228 “underperform” votes. (Add your “underperform” vote.)Community SentimentGenie Energy has received 56.58% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipGenie Energy is a leading dividend payer. It pays a dividend yield of 3.92%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGenie Energy does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Genie Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 29.60% of the stock of Genie Energy is held by insiders.Percentage Held by InstitutionsOnly 27.30% of the stock of Genie Energy is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Genie Energy is 94.89, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.13.Price to Earnings Ratio vs. SectorThe P/E ratio of Genie Energy is 94.89, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 30.02.Price to Book Value per Share RatioGenie Energy has a P/B Ratio of 3.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.77 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Electric & other services combined Sub-IndustryIndependent Power Producers & Energy Traders SectorUtilities Current SymbolNYSE:GNE Previous Symbol CUSIP37228420 CIK1528356 Webwww.genie.com Phone973-438-3500Debt Debt-to-Equity RatioN/A Current Ratio1.73 Quick Ratio1.47Price-To-Earnings Trailing P/E Ratio94.89 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$315.29 million Price / Sales0.71 Cash Flow$0.30 per share Price / Cash Flow28.72 Book Value$2.32 per share Price / Book3.68Profitability EPS (Most Recent Fiscal Year)N/A Net Income$4.18 million Net Margins1.18% Return on Equity5.97% Return on Assets2.58%Miscellaneous Employees183 Outstanding Shares26,337,000Market Cap$224.92 million Next Earnings Date8/3/2020 (Estimated) OptionableOptionable GNE Rates by TradingView 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 How has Genie Energy's stock been impacted by COVID-19 (Coronavirus)? Genie Energy's stock was trading at $5.88 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GNE stock has increased by 45.2% and is now trading at $8.54. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is Genie Energy's next earnings date? Genie Energy is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Genie Energy. How were Genie Energy's earnings last quarter? Genie Energy Ltd (NYSE:GNE) announced its earnings results on Thursday, May, 7th. The oil and gas producer reported $0.20 EPS for the quarter. The oil and gas producer had revenue of $104.05 million for the quarter. Genie Energy had a net margin of 1.18% and a return on equity of 5.97%. View Genie Energy's earnings history. How often does Genie Energy pay dividends? What is the dividend yield for Genie Energy? Genie Energy declared a quarterly dividend on Friday, May 8th. Stockholders of record on Tuesday, May 19th will be paid a dividend of $0.085 per share on Friday, May 29th. This represents a $0.34 annualized dividend and a dividend yield of 3.98%. The ex-dividend date is Monday, May 18th. This is a positive change from Genie Energy's previous quarterly dividend of $0.08. View Genie Energy's dividend history. Has Genie Energy been receiving favorable news coverage? Press coverage about GNE stock has been trending very negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 -3.2 on InfoTrie's scale. They also gave media headlines about the oil and gas producer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news aboutGenie Energy. Who are some of Genie Energy's key competitors? Some companies that are related to Genie Energy include AES (AES), NRG Energy (NRG), Ormat Technologies (ORA), Atlantic Power (AT) and American DG Energy (ADGE). View all competitors. 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 Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Freeport-McMoRan (FCX), GasLog (GLOG), New Residential Investment (NRZ), Ring Energy (REI), Ring Energy (REI), Vermilion Energy (VET), Preferred Apartment Communities (APTS) and BGC Partners (BGCP). Who are Genie Energy's key executives? Genie Energy's management team includes the following 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 & GasMr. Alan Schwab, Pres & COO of Genie Retail Energy, Inc. 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 variety of retail and institutional investors. Top institutional investors include Bank of New York Mellon Corp (1.32%), State Street Corp (1.28%), Geode Capital Management LLC (0.94%), Grantham Mayo Van Otterloo & Co. LLC (0.92%), Parametric Portfolio Associates LLC (0.63%) and Nuveen Asset Management LLC (0.43%). Company insiders that own Genie Energy stock include Alan B Rosenthal, Avi Goldin and James A Courter. View institutional ownership trends for Genie Energy. Which institutional investors are selling Genie Energy stock? GNE stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Grantham Mayo Van Otterloo & Co. LLC, UBS Group AG, Morgan Stanley, WINTON GROUP Ltd, Connor Clark & Lunn Investment Management Ltd., and Bank of New York Mellon Corp. Company insiders that have sold Genie Energy company stock in the last year include Alan B Rosenthal, and Avi Goldin. View insider buying and selling activity for Genie Energy. Which institutional investors are buying Genie Energy stock? GNE stock was purchased by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, Russell Investments Group Ltd., Los Angeles Capital Management & Equity Research Inc., JPMorgan Chase & Co., State Street Corp, GSA Capital Partners LLP, Geode Capital Management LLC, and Wells Fargo & Company MN. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Genie Energy's stock price today? One share of GNE stock can currently be purchased for approximately $8.54. How big of a company is Genie Energy? Genie Energy has a market capitalization of $224.92 million and generates $315.29 million in revenue each year. Genie Energy employs 183 workers across the globe. What is Genie Energy's official website? The official website for Genie Energy is 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] This page was last updated on 6/5/2020 by MarketBeat.com Staff
