S&P 500   3,970.99
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MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Bank Accounts: Frozen! (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Biden To Unleash "Choke Point" Operation On America? (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Bank Accounts: Frozen! (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Biden To Unleash "Choke Point" Operation On America? (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Bank Accounts: Frozen! (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Biden To Unleash "Choke Point" Operation On America? (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Bank Accounts: Frozen! (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Biden To Unleash "Choke Point" Operation On America? (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
NYSE:GNE

Genie Energy - GNE Stock Forecast, Price & News

$11.65
+0.79 (+7.27%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$10.67
$11.80
50-Day Range
$8.96
$12.92
52-Week Range
$6.10
$13.25
Volume
222,925 shs
Average Volume
107,608 shs
Market Capitalization
$301.62 million
P/E Ratio
3.55
Dividend Yield
2.58%
Price Target
N/A

Genie Energy MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.93% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.56
Upright™ Environmental Score
News Sentiment
0.71mentions of Genie Energy in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.00 out of 5 stars

Utilities Sector

62nd out of 84 stocks

Electric & Other Services Combined Industry

15th out of 19 stocks


GNE stock logo

About Genie Energy (NYSE:GNE) Stock

Genie Energy Ltd. engages in the provision of energy services. It operates through Genie Retail Energy and Genie Renewables. The Genie Retail Energy segment supplies electricity and natural gas to residential and small business customers. The Genie Renewables segment includes Genie Solar, CityCom Solar, Prism Solar Technologies, and Diversegy LLC. The company was founded by Howard S. Jonas in November 2004 and is headquartered in Newark, NJ.

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GNE Stock News Headlines

Don't Overlook This Reliable, Dividend-Paying Sector (GNE)
What happens when markets go into panic mode? Investors turn to sectors like utilities, likely to be stable dividend-payers that could mitigate volatility.
Genie Energy (NYSE:GNE) Downgraded to Buy at StockNews.com
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
Genie Energy (NYSE:GNE) Stock Rating Lowered by StockNews.com
Q4 2022 Genie Energy Ltd Earnings Call
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
The No. 1 Utilities Stock to Buy for February
GNE Genie Energy Ltd.
3 Stocks You Shouldn't Hesitate to Buy
3 Dividend-Paying Stocks to Buy Now and Never Sell
Genie Energy Ltd. (GNE-PA)
2 Strong Buy Stocks That Are Too Cheap to Ignore
7 Utility Stocks to Buy Heading Into December 2022
Nasdaq Down 0.5%; Clearfield Shares Spike Higher
See More Headlines
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GNE Company Calendar

Last Earnings
3/12/2020
Ex-Dividend for 3/1 Dividend
2/17/2023
Dividend Payable
3/01/2023
Today
3/25/2023
Next Earnings (Estimated)
5/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric & other services combined
Sub-Industry
Independent Power Producers & Energy Traders
Sector
Utilities
CUSIP
37228420
Employees
186
Year Founded
N/A

Profitability

Net Income
$87.81 million
Pretax Margin
24.57%

Debt

Sales & Book Value

Annual Sales
$315.54 million
Cash Flow
$2.61 per share
Book Value
$6.38 per share

Miscellaneous

Free Float
21,279,000
Market Cap
$301.62 million
Optionable
Optionable
Beta
0.38

Social Links


Key Executives

  • Michael Menachem Stein
    Chief Executive Officer
  • Alan Schwab
    President & Chief Operating Officer
  • Avi Goldin
    CFO, Treasurer & Principal Accounting Officer
  • Joyce J. Mason
    Secretary & Director
  • Bill Ulrey
    VP-Investor Relations & External Affairs













GNE Stock - Frequently Asked Questions

How have GNE shares performed in 2023?

Genie Energy's stock was trading at $10.34 on January 1st, 2023. Since then, GNE shares have increased by 12.7% and is now trading at $11.65.
View the best growth stocks for 2023 here
.

Are investors shorting Genie Energy?

Genie Energy saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 198,400 shares, an increase of 14.0% from the January 31st total of 174,000 shares. Based on an average daily trading volume, of 92,700 shares, the short-interest ratio is presently 2.1 days. Currently, 1.2% of the shares of the company are sold short.
View Genie Energy's Short Interest
.

When is Genie Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our GNE earnings forecast
.

How were Genie Energy's earnings last quarter?

Genie Energy Ltd. (NYSE:GNE) announced its quarterly earnings results on Thursday, March, 12th. The oil and gas producer reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by $0.17. The oil and gas producer had revenue of $81.95 million for the quarter. Genie Energy had a trailing twelve-month return on equity of 63.08% and a net margin of 26.11%.

How often does Genie Energy pay dividends? What is the dividend yield for Genie Energy?

Genie Energy announced a quarterly dividend on Thursday, February 9th. Investors of record on Tuesday, February 21st will be paid a dividend of $0.075 per share on Wednesday, March 1st. This represents a $0.30 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date is Friday, February 17th.
Read our dividend analysis for GNE
.

What ETFs hold Genie Energy's stock?

ETFs with the largest weight of Genie Energy (NYSE:GNE) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Royce Quant Small-Cap Quality Value ETF (SQLV).

Is Genie Energy a good dividend stock?

Genie Energy (NYSE:GNE) pays an annual dividend of $0.30 per share and currently has a dividend yield of 2.79%. The dividend payout ratio is 9.15%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for GNE.

What is Marc England's approval rating as Genie Energy's CEO?

9 employees have rated Genie Energy Chief Executive Officer Marc England on Glassdoor.com. Marc England has an approval rating of 100% among the company's employees. This puts Marc England in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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 Energy Transfer (ET), New Residential Investment (NRZ), Transocean (RIG), Capital Product Partners (CPLP), Enterprise Products Partners (EPD), Freeport-McMoRan (FCX), General Electric (GE), GasLog (GLOG), Schlumberger (SLB) and AT&T (T).

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 number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.32%), Renaissance Technologies LLC (2.40%), Kahn Brothers Group Inc. (1.26%), Marshall Wace LLP (0.63%), EAM Investors LLC (0.56%) and Millennium Management LLC (0.44%).
View institutional ownership trends
.

How do I buy shares of Genie Energy?

Shares of GNE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Genie Energy's stock price today?

One share of GNE stock can currently be purchased for approximately $11.65.

How much money does Genie Energy make?

Genie Energy (NYSE:GNE) has a market capitalization of $301.62 million and generates $315.54 million in revenue each year. The oil and gas producer earns $87.81 million in net income (profit) each year or $3.28 on an earnings per share basis.

How many employees does Genie Energy have?

The company employs 186 workers across the globe.

How can I contact Genie Energy?

Genie Energy's mailing address is 520 BROAD STREET, NEWARK NJ, 07102. The official website for the company is www.genie.com. The oil and gas producer can be reached via phone at (973) 438-3500, via email at invest@genie.com, or via fax at 973-438-1256.

This page (NYSE:GNE) was last updated on 3/25/2023 by MarketBeat.com Staff