Log in
(Ad)
CNN calls 5G "the lifeblood of the new economy." If you don't invest now, you'll regret it later.

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

$7.50
-0.05 (-0.66 %)
(As of 01/24/2020 06:00 AM ET)
Today's Range
$7.35
Now: $7.50
$7.54
50-Day Range
$7.42
MA: $7.85
$8.43
52-Week Range
$6.54
Now: $7.50
$11.98
Volume88,400 shs
Average Volume73,337 shs
Market Capitalization$200.63 million
P/E Ratio13.16
Dividend Yield3.97%
Beta1.38
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$0.99 per share
Book Value$2.71 per share

Profitability

Net Income$22.78 million

Miscellaneous

Employees183
Market Cap$200.63 million
Next Earnings Date3/5/2020 (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.


(Ad)

In early 2019 President Trump warned this company's biggest customers to "step up their 5G efforts." A few months later, he banned their biggest competitor from doing business in the U.S. Now, this $5 stock could turn a $10,000 stake into $234,770 this year. But timing is critical. A single mention on the evening news and this opportunity could get away from you.

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 Friday, November 8th. Stockholders of record on Monday, November 18th will be given a dividend of $0.075 per share on Friday, November 29th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date of this dividend is Friday, November 15th. View Genie Energy's Dividend History.

How were Genie Energy's earnings last quarter?

Genie Energy Ltd (NYSE:GNE) announced its quarterly earnings results on Friday, November, 8th. The oil and gas producer reported $0.18 EPS for the quarter, beating the Zacks' consensus estimate of $0.17 by $0.01. The oil and gas producer had revenue of $85.71 million for the quarter. Genie Energy had a net margin of 5.57% and a return on equity of 22.85%. 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 Thursday, March 5th 2020. 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?

News headlines about GNE stock have trended very positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Genie Energy earned a daily sentiment score of 3.9 on InfoTrie's scale. They also gave press coverage about the oil and gas producer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Genie 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).

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 Freeport-McMoRan (FCX), Chesapeake Energy (CHK), Enterprise Products Partners (EPD), General Electric (GE), Transocean (RIG), Schlumberger (SLB), AT&T (T), FireEye (FEYE), Frontier Communications (FTR) and Huntington Bancshares (HBAN).

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.

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 $7.50.

How big of a company is Genie Energy?

Genie Energy has a market capitalization of $200.63 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:  2.2 out of 5 (star star)
Outperform Votes:  163 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  378
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 1/24/2020 by MarketBeat.com Staff

Featured Article: What is the quiet period?

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