Genie Energy Ltd. (Genie) owns interest in its subsidiary, Genie Energy International Corporation, which owns Genie Retail Energy and Genie Oil and Gas, Inc. The Company operates through three segments: Genie Retail Energy (GRE), Afek Oil and Gas, Ltd. (Afek), and Genie Oil and Gas (GOGAS). The GRE segment operates retail energy providers (REPs), including IDT Energy, Inc. and Residents Energy, Inc., and energy brokerage and marketing services. Its REP businesses resell electricity and natural gas to residential and small business customers. The Afek segment operates an oil and gas exploration project. The GOGAS segment is an oil and gas exploration company. The GOGAS segment consists of early-stage oil shale projects, including its interest in Genie Mongolia, Inc., an oil shale exploration project; American Shale Oil Corporation, which holds and manages an interest in AMSO, LLC, an oil shale development project, and Israel Energy Initiatives, Ltd., an oil shale development project.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Multiline Utilities - NEC
- Sub-Industry: Independent Power Producers & Energy Traders
- Symbol: NYSE:GNE
- CUSIP: 37228420
- Web: www.genie.com
Capitalization:- Market Cap: $158.25 million
- Outstanding Shares: 24,676,000
Average Prices:- 50 Day Moving Avg: $7.27
- 200 Day Moving Avg: $6.79
- 52 Week Range: $5.07 - $8.31
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $222.67 million
- Price / Sales: 0.76
- Book Value: $3.20 per share
- Price / Book: 2.14
Dividend:- Annual Dividend: $0.27
- Dividend Yield: 3.9%
Profitability:- EBIDTA: $8.19 million
- Net Margins: -11.89%
- Return on Equity: 0.37%
- Return on Assets: 0.20%
Debt:- Current Ratio: 2.40%
- Quick Ratio: 2.23%
Misc:- Average Volume: 63,843 shs.
- Beta: 2.15
- Short Ratio: 9.65
Frequently Asked Questions for Genie Energy (NYSE:GNE)
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 Wednesday, May 3rd. Stockholders of record on Monday, May 15th will be paid a dividend of $0.075 per share on Friday, May 19th. This represents a $0.30 annualized dividend and a dividend yield of 4.39%. The ex-dividend date of this dividend is Thursday, May 11th. View Genie Energy's Dividend History.
How were Genie Energy's earnings last quarter?
Genie Energy Ltd. (NYSE:GNE) released its earnings results on Wednesday, May, 3rd. The company reported $0.13 earnings per share (EPS) for the quarter. The business earned $69.44 million during the quarter. Genie Energy had a negative net margin of 11.89% and a positive return on equity of 0.37%. View Genie Energy's Earnings History.
When will Genie Energy make its next earnings announcement?
Who are some of Genie Energy's key competitors?
Some companies that are related to Genie Energy include Ameresco (AMRC), Atlantic Power Corporation (AT), Delta Natural Gas Company (DGAS), Consolidated Water Co. (CWCO), Global Water Resources (GWRS), Pure Cycle Corporation (PCYO), OPG Power Ventures Plc. (OPG), Gas Natural (EGAS), Alaska Communications Systems Group (ALSK), Fulcrum Utility Services Ltd (FCRM), US Geothermal (HTM), Polar Power (POLA), Mytrah Energy Ltd (MYT), Good Energy Group Plc (GOOD), Wentworth Resources Ltd (WRL), Apr Energy PLC (APR), Cleco Corporate Holdings LLC (CNL) and Constellation Energy Group (CEG).
Who are Genie Energy's key executives?
Genie Energy's management team includes the folowing people:
- Howard S. Jonas, Chairman of the Board, Chief Executive Officer
- James A. Courter, Vice Chairman of the Board
- Geoffrey Rochwarger, Vice Chairman
- Avi Goldin, Chief Financial Officer
- Michael Stein, Chief Operating Officer
- Michael Jonas, Executive Vice President
- Harold Vinegar Ph.D., Chief Scientist of IEI
- W. Wesley Perry, Lead Independent Director
- Alan B. Rosenthal, Independent Director
- Allan Sass Ph.D., Independent Director
Who owns Genie Energy stock?
Genie Energy's stock is owned by many different of institutional and retail investors. Top institutional investors include Strs Ohio (0.10%). Company insiders that own Genie Energy stock include Howard S Jonas and James A Courter. View Institutional Ownership Trends for Genie Energy.
Who bought Genie Energy stock? Who is buying Genie Energy stock?
How do I buy Genie Energy stock?
Shares of Genie Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Genie Energy's stock price today?
One share of Genie Energy stock can currently be purchased for approximately $6.84.
MarketBeat Community Rating for Genie Energy (NYSE GNE)MarketBeat's community ratings are surveys of what our community members think about Genie Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Genie Energy (NYSE:GNE) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Genie Energy (NYSE:GNE)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Genie Energy (NYSE:GNE)Earnings History by Quarter for Genie Energy (NYSE GNE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/3/2017 | | | | | | | N/A |  |
| 5/3/2017 | Q1 2017 | | $0.13 | | $69.44 million | View | Listen | |
| 3/8/2017 | Q4 2016 | | ($0.05) | | $51.50 million | View | Listen | |
| 11/3/2016 | Q316 | | ($0.26) | $308.28 million | $57.20 million | View | N/A | |
| 8/4/2016 | Q216 | | $0.13 | $39.50 million | $44.00 million | View | N/A | |
| 5/4/2016 | Q116 | | $0.26 | $308.28 million | $58.10 million | View | N/A | |
| 3/9/2016 | Q4 | | ($0.19) | $49.70 million | $43.90 million | View | N/A | |
| 11/4/2015 | Q3 | | $0.10 | | $52.24 million | View | N/A | |
| 8/6/2015 | Q215 | | ($0.22) | $48.80 million | $39.50 million | View | N/A | |
| 5/5/2015 | Q115 | | ($0.11) | $130.30 million | $74.40 million | View | N/A | |
| 11/5/2014 | Q3 2014 | ($0.02) | ($0.22) | $66.64 million | $46.19 million | View | N/A | |
| 8/7/2014 | Q2 2014 | ($0.18) | ($0.24) | $51.40 million | $48.81 million | View | N/A | |
| 5/7/2014 | Q1 2014 | ($0.05) | ($0.33) | $77.37 million | $130.35 million | View | N/A | |
| 11/6/2013 | | $0.04 | $0.08 | | | View | N/A | |
| 8/8/2013 | Q213 | ($0.24) | ($0.32) | $55.99 million | $55.10 million | View | N/A | |
| 5/7/2013 | Q113 | $0.02 | ($0.09) | $68.05 million | $85.30 million | View | N/A | |
| 3/13/2013 | Q4 12 | | $0.08 | | | View | N/A | |
| 11/13/2012 | Q312 | | ($0.13) | $52.20 million | $63.70 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Genie Energy (NYSE:GNE)No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Genie Energy (NYSE:GNE)| Most Recent Dividend: | 5/19/2017 |
| Annual Dividend: | $0.27 |
| Dividend Yield: | 3.95% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | -22.13% (Trailing 12 Months of Earnings)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Genie Energy (NYSE GNE)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/3/2017 | quarterly | $0.08 | 4.14% | 5/11/2017 | 5/15/2017 | 5/19/2017 |
| 3/8/2017 | quarterly | $0.06 | 4% | 3/16/2017 | 3/20/2017 | 3/24/2017 |
| 11/4/2016 | quarterly | $0.06 | 4.64% | 11/17/2016 | 11/21/2016 | 12/2/2016 |
| 8/4/2016 | quarterly | $0.06 | 3.74% | 8/17/2016 | 8/20/2016 | 8/26/2016 |
| 5/5/2016 | quarterly | $0.06 | 3.19% | 5/12/2016 | 5/16/2016 | 5/20/2016 |
| 1/25/2016 | quarterly | $0.06 | | 2/3/2016 | 2/5/2016 | 2/12/2016 |
| 5/5/2015 | quarterly | $0.06 | 1.92% | 5/13/2015 | 5/15/2015 | 5/22/2015 |
| 3/12/2015 | special | $0.06 | | 3/19/2015 | 3/23/2015 | 3/31/2015 |
| 11/12/2014 | quarterly | $0.06 | 3.61% | 11/20/2014 | 11/24/2014 | 12/2/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Genie Energy (NYSE:GNE)Insider Ownership Percentage: 31.00%
Institutional Ownership Percentage: 18.54%
Insider Trades by Quarter for Genie Energy (NYSE:GNE)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 7/11/2017 | James A Courter | Director | Sell | 5,000 | $6.67 | $33,350.00 | |
| 6/27/2017 | James A Courter | Director | Sell | 5,000 | $7.57 | $37,850.00 | |
| 6/8/2017 | James A Courter | Director | Sell | 5,000 | $7.76 | $38,800.00 | |
| 5/23/2017 | James A Courter | Director | Sell | 5,000 | $7.68 | $38,400.00 | |
| 5/12/2017 | James A Courter | Director | Sell | 5,000 | $7.36 | $36,800.00 | |
| 4/24/2017 | James A Courter | Director | Sell | 5,000 | $8.04 | $40,200.00 | |
| 4/12/2017 | James A Courter | Director | Sell | 5,000 | $7.27 | $36,350.00 | |
| 3/24/2017 | James A Courter | Director | Sell | 5,000 | $5.72 | $28,600.00 | |
| 3/6/2017 | Howard S. Jonas | Chairman | Buy | 11,733 | $5.37 | $63,006.21 | |
| 3/6/2017 | James A Courter | Director | Sell | 5,000 | $5.32 | $26,600.00 | |
| 3/2/2017 | Howard S. Jonas | Chairman | Buy | 4,900 | $5.39 | $26,411.00 | |
| 2/22/2017 | James A Courter | Director | Sell | 5,000 | $5.61 | $28,050.00 | |
| 2/9/2017 | James A Courter | Director | Sell | 5,000 | $5.55 | $27,750.00 | |
| 1/25/2017 | James A Courter | Director | Sell | 5,000 | $5.77 | $28,850.00 | |
| 1/10/2017 | James A Courter | Director | Sell | 5,000 | $5.78 | $28,900.00 | |
| 12/29/2016 | James A Courter | Director | Sell | 5,000 | $5.71 | $28,550.00 | |
| 12/12/2016 | James A Courter | Director | Sell | 5,000 | $5.81 | $29,050.00 | |
| 12/8/2016 | Howard S. Jonas | Chairman | Buy | 1,573 | $5.38 | $8,462.74 | |
| 11/30/2016 | James A Courter | Director | Sell | 5,000 | $5.99 | $29,950.00 | |
| 11/15/2016 | James A Courter | Director | Sell | 5,000 | $6.11 | $30,550.00 | |
| 11/2/2016 | James A Courter | Director | Sell | 5,000 | $5.19 | $25,950.00 | |
| 10/18/2016 | James A Courter | Director | Sell | 5,000 | $5.55 | $27,750.00 | |
| 10/3/2016 | James A Courter | Director | Sell | 5,000 | $5.84 | $29,200.00 | |
| 9/20/2016 | James A Courter | Director | Sell | 5,000 | $6.03 | $30,150.00 | |
| 9/7/2016 | James A Courter | Director | Sell | 5,000 | $6.21 | $31,050.00 | |
| 8/25/2016 | James A Courter | Director | Sell | 5,000 | $6.19 | $30,950.00 | |
| 8/10/2016 | James A Courter | Director | Sell | 5,000 | $6.71 | $33,550.00 | |
| 7/26/2016 | James A Courter | Director | Sell | 5,000 | $6.83 | $34,150.00 | |
| 7/11/2016 | James A Courter | Director | Sell | 5,000 | $6.41 | $32,050.00 | |
| 6/29/2016 | James A Courter | Director | Sell | 25,000 | $7.14 | $178,500.00 | |
| 4/15/2016 | Howard S Jonas | CEO | Sell | 263,713 | $6.32 | $1,666,666.16 | |
| 3/13/2015 | Alan B Rosenthal | Director | Buy | 10,000 | $7.19 | $71,900.00 | |
| 5/15/2013 | Alan B Rosenthal | Director | Buy | 5,000 | $9.47 | $47,350.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Genie Energy (NYSE:GNE)
Latest Headlines for Genie Energy (NYSE:GNE)
| Source: |
|
| Date | Headline |
|---|
 | Genie Energy (GNE) to Report Second Quarter 2017 Results
finance.yahoo.com - July 18 at 9:03 PM |
 | James A. Courter Sells 5,000 Shares of Genie Energy Ltd. (NYSE:GNE) Stock
www.americanbankingnews.com - July 12 at 1:47 PM |
| ETFs with exposure to Genie Energy Ltd. : July 11, 2017
finance.yahoo.com - July 11 at 8:48 PM |
| James A. Courter Sells 5,000 Shares of Genie Energy Ltd. (GNE) Stock
www.americanbankingnews.com - June 28 at 4:31 PM |
| Genie Energy Ltd (GNE) Director James A. Courter Sells 5,000 Shares
www.americanbankingnews.com - June 9 at 1:36 PM |
| ETFs with exposure to Genie Energy Ltd. : May 26, 2017
finance.yahoo.com - May 26 at 6:08 PM |
 | Genie Energy's Series A Preferred Stock Shares Cross 8.5% Yield Mark
www.thestreet.com - May 24 at 5:20 PM |
| ETFs with exposure to Genie Energy Ltd. : May 15, 2017
finance.yahoo.com - May 15 at 5:04 PM |
| James A. Courter Sells 5,000 Shares of Genie Energy Ltd (GNE) Stock
www.americanbankingnews.com - May 15 at 1:26 PM |
| Genie Energy Ltd. :GNE-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017
finance.yahoo.com - May 12 at 6:07 PM |
| Genie Energy Ltd (GNE) Upgraded by TheStreet to C-
www.americanbankingnews.com - May 6 at 11:52 PM |
| Genie Energy Ltd Declares Quarterly Dividend of $0.08 (gne)
www.americanbankingnews.com - May 6 at 9:20 PM |
| Genie Energy Ltd (GNE) Releases Quarterly Earnings Results
www.americanbankingnews.com - May 6 at 12:41 AM |
| Genie Energy Ltd (GNE) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 6 at 12:17 AM |
| Genie Energy Ltd (GNE) Announces Earnings Results
www.americanbankingnews.com - May 5 at 11:52 PM |
| Genie Energy Ltd (GNE) Issues Earnings Results
www.americanbankingnews.com - May 5 at 2:30 PM |
| Genie Energy Ltd. Reports First Quarter 2017 Results
finance.yahoo.com - May 3 at 9:24 AM |
| Genie Energy posts 1Q profit
finance.yahoo.com - May 3 at 9:24 AM |
| Genie Energy (GNE) Earning Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - May 2 at 10:34 PM |
| Genie Energy (GNE) Earns Daily Media Impact Rating of 0.21
www.americanbankingnews.com - April 28 at 11:02 PM |
| Genie Energy (GNE) Receives Coverage Optimism Rating of 0.27
www.americanbankingnews.com - April 25 at 8:16 PM |
| Genie Energy (GNE) Receiving Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 19 at 12:35 PM |
| Genie Energy (GNE) to Report First Quarter 2017 Results
finance.yahoo.com - April 19 at 11:50 AM |
| Genie Energy to Present at the Planet MicroCap Showcase 2017
finance.yahoo.com - April 17 at 11:15 AM |
| Somewhat Favorable Media Coverage Extremely Likely to Effect Genie Energy (GNE) Share Price
www.americanbankingnews.com - April 16 at 12:17 PM |
| Genie Energy Ltd (GNE) Director Sells $36,350.00 in Stock
www.americanbankingnews.com - April 13 at 8:20 PM |
| Genie Energy (GNE) Getting Favorable Media Coverage, Report Shows
www.americanbankingnews.com - April 13 at 7:01 PM |
| Genie Energy Ltd. Expands Loan Facility
finance.yahoo.com - April 7 at 10:05 AM |
| ETFs with exposure to Genie Energy Ltd. : April 5, 2017
finance.yahoo.com - April 7 at 10:05 AM |
| Genie Energy Ltd (GNE) Director Sells $28,600.00 in Stock
www.americanbankingnews.com - March 27 at 1:25 PM |
| Genie Energy to Present at The MicroCap Conference on April 4th at 11:00AM ET in New York City at the Essex House
finance.yahoo.com - March 20 at 7:16 PM |
| GENIE ENERGY LTD. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 16 at 6:43 PM |
 | Genie Energy's (GNE) Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 10 at 10:24 AM |
| Q4 2016 Genie Energy Ltd Earnings Release - Before Market Open
us.rd.yahoo.com - March 8 at 6:17 PM |
 | Genie Energy Ltd. Reports Fourth Quarter and Full Year 2016 Results
us.rd.yahoo.com - March 8 at 6:17 PM |
| GENIE ENERGY LTD. Files SEC form 8-K, Results of Operations and Financial Condition, Change in Directors or Principal
biz.yahoo.com - March 8 at 6:17 PM |
| Genie Energy (GNE) to Report Fourth Quarter and Full Year 2016 Results
finance.yahoo.com - February 28 at 5:37 PM |
| GENIE ENERGY LTD. Files SEC form 8-K/A, Completion of Acquisition or Disposition of Assets, Financial Statements and
biz.yahoo.com - January 13 at 6:35 PM |
| Genie Energy Launches Drilling Services Company in Israel
us.rd.yahoo.com - January 10 at 6:24 PM |
| 9:15 am Genie Energy announces that it is establishing Atid Drilling, an on-shore drilling services venture based in Israel
us.rd.yahoo.com - January 10 at 6:24 PM |
| GENIE ENERGY LTD. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Financial Statements and Ex
biz.yahoo.com - November 8 at 10:48 PM |
 | Genie Energy (GNE) Closes Acquisition of Retail Energy Holdings
www.streetinsider.com - November 5 at 5:17 PM |
| Genie Energy's (GNE) CEO Management on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - November 5 at 5:17 PM |
| 6:31 pm Genie Energy unit closed the acquisition of Retail Energy Holdings; paid $9.5 mln in cash plus REH's working capital
finance.yahoo.com - November 3 at 10:49 PM |
| Genie Energy Ltd. Reports Third Quarter 2016 Results
finance.yahoo.com - November 3 at 8:30 AM |
| GENIE ENERGY LTD. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibit
biz.yahoo.com - November 3 at 8:30 AM |
| Afek Initiates Water Resource Development Work in Israel's Golan Heights
finance.yahoo.com - September 19 at 5:23 PM |
| GENIE ENERGY LTD. Financials
finance.yahoo.com - August 16 at 5:26 PM |
| GENIE ENERGY LTD. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - August 9 at 4:03 PM |
| Genie Energy Ltd. Reports Second Quarter 2016 Results
finance.yahoo.com - August 5 at 8:09 AM |
Genie Energy (GNE) Chart for Thursday, July, 27, 2017
