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NYSE:GNEGenie Energy Stock Price, Forecast & News

$8.55
+0.01 (+0.12 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$8.48
Now: $8.55
$8.69
50-Day Range
$7.33
MA: $8.13
$8.61
52-Week Range
$4.60
Now: $8.55
$11.98
Volume146,748 shs
Average Volume133,958 shs
Market Capitalization$225.21 million
P/E Ratio95.00
Dividend Yield3.98%
Beta1
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.
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Beat the Market (BTM) Rank

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

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$315.29 million
Cash Flow$0.30 per share
Book Value$2.32 per share

Profitability

Net Income$4.18 million

Miscellaneous

Employees183
Market Cap$225.21 million
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GNE stock has increased by 45.4% and is now trading at $8.55. 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) released its earnings results on Thursday, May, 7th. The oil and gas producer reported $0.20 earnings per share 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. Investors of record on Tuesday, May 19th will be given a dividend of $0.085 per share on Friday, May 29th. This represents a $0.34 annualized dividend and a yield of 3.98%. The ex-dividend date is Monday, May 18th. This is an increase from Genie Energy's previous quarterly dividend of $0.08. View Genie Energy's dividend history.

Has Genie Energy been receiving favorable news coverage?

News coverage about GNE stock has been trending positive recently, according to InfoTrie. The research firm scores the sentiment of news coverage by reviewing 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 closest to five being the most favorable. Genie Energy earned a news impact score of 2.4 on InfoTrie's scale. They also assigned media coverage about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutGenie Energy.

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 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 & Gas
  • Mr. 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 many different 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 $8.55.

How big of a company is Genie Energy?

Genie Energy has a market capitalization of $225.21 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 6/6/2020 by MarketBeat.com Staff

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