About Just Energy Group (NYSE:JE)
Just Energy Group Inc. (Just Energy) is an energy management solutions provider engaged in electricity, natural gas, solar and green energy. The Company's segments include Consumer Energy and Commercial Energy. The Company operates in the United States, Canada and the United Kingdom, offering a range of energy products, including long-term fixed-price, variable rate and flat bill programs; home energy management services, including smart thermostats and tools to manage energy use at the appliance level, and residential solar panel installations. It markets under the brands, such as Just Energy, Hudson Energy, Amigo Energy, GreenStar Energy, Just Solar, Tara Energy and TerraPass. Just Energy's commercial business is operated primarily through Hudson Energy. Hudson Energy offers fixed and variable rate natural gas and electricity contracts, as well as customized products. Just Energy also offers green products through its JustGreen Electricity and Natural Gas and TerraPass programs.
Industry, Sector and Symbol:
- Industry: Natural Gas Distribution
- Sub-Industry: N/A
- Sector: Utilities
- Symbol: NYSE:JE
- CUSIP: N/A
- Web: www.justenergygroup.com
- Debt-to-Equity Ratio: -7.46%
- Current Ratio: 1.16%
- Quick Ratio: 1.12%
Sales & Book Value:
- Trailing P/E Ratio: 4.31
- Forward P/E Ratio: 12.24
- Annual Sales: $2.83834 billion
- Price / Sales: 0.23
- Cash Flow: $0.48 per share
- Price / Cash: 9.40
- Book Value: ($0.77) per share
- Price / Book: -5.88
- Annual Dividend: $0.40
- Dividend Yield: 8.9%
- Trailing EPS: $0.54
- Net Income: $340.07 million
- Net Margins: 4.95%
- Return on Equity: -197.61%
- Return on Assets: 22.35%
- Employees: 2,146
- Outstanding Shares: 146,850,000
Frequently Asked Questions for Just Energy Group (NYSE:JE)
What is Just Energy Group's stock symbol?
Just Energy Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "JE."
How often does Just Energy Group pay dividends? What is the dividend yield for Just Energy Group?
Just Energy Group announced a quarterly dividend on Friday, September 1st. Investors of record on Friday, September 15th will be given a dividend of $0.0999 per share on Friday, September 29th. This represents a $0.40 annualized dividend and a yield of 8.82%. The ex-dividend date is Thursday, September 14th. This is a boost from Just Energy Group's previous quarterly dividend of $0.09. View Just Energy Group's Dividend History.
How will Just Energy Group's stock buyback program work?
Just Energy Group declared that its Board of Directors has initiated a stock buyback program on Sunday, April 9th 2017, which permits the company to repurchase 9,660,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.
Where is Just Energy Group's stock going? Where will Just Energy Group's stock price be in 2017?
5 brokers have issued 1-year price objectives for Just Energy Group's stock. Their forecasts range from $6.25 to $10.00. On average, they expect Just Energy Group's stock price to reach $7.75 in the next year. View Analyst Ratings for Just Energy Group.
What are Wall Street analysts saying about Just Energy Group stock?
Here are some recent quotes from research analysts about Just Energy Group stock:
- 1. According to Zacks Investment Research, "Just Energy Group Inc. is engaged in the sale of natural gas and/or electricity to residential and commercial customers under long-term fixed-price and price-protected contracts. It also offers green products through its JustGreen and JustClean programs. Just Energy also sells and rents high efficiency and tankless water heaters, air conditioners and furnaces to Ontario residents. It also produces and sells wheat-based ethanol through its subsidiary Terra Grain Fuels. Just Energy Group Inc. is based in Toronto. " (10/11/2017)
- 2. FBR & Co analysts commented, "Key takeaways from investor meetings. We recently hosted investor meetings with Just Energy’s management team, and our key takeaways are as follows: (1) JE’s strategic vision involves bundling commodity energy and technology solutions to give customers more control over energy usage and cost; (2) channel expansion using national stores and other means to drive customer growth; (3) international expansion in Germany, Ireland, and Japan; (4) de-leveraging is complete, and free cash flow is building; (5) attractive yield pays investor to wait." (6/14/2017)
- 3. Canaccord Genuity analysts commented, "Date and time of first dissemination: December 12, 2016, 11:48 ET Date and time of production: December 12, 2016, 11:48 ET Target Price / Valuation Methodology: Just Energy Group Inc. – JE We are conservatively forecasting F2018 EBITDA of $231M to derive our target price using 8.0x EV/EBITDA multiple. Risks to achieving Target Price / Valuation: Just Energy Group Inc. – JE Commodity, Volume and Weather exposure The company is exposed to both movements in wholesale energy prices and volumetric differences as well as extreme weather events. Volumetric differences can be driven by several factors but weather is the biggest driver. It mitigates the risk associated with fluctuations in commodity prices by entering commodity derivative contracts to lock into future prices and volumes that match the estimated customer requirements." (12/12/2016)
Who are some of Just Energy Group's key competitors?
Some companies that are related to Just Energy Group include Kenon Holdings (KEN), Cincinnati Bell (CBB), Connecticut Water Service (CTWS), Middlesex Water Company (MSEX), UNITIL Corporation (UTL), Sky Solar Holdings (SKYS), MYR Group (MYRG), Frontier Communications Corporation (FTR), The York Water Company (YORW), Alterra Power Corp (AXY), Lumos Networks Corp. (LMOS), Spark Energy (SPKE), AquaVenture Holdings (WAAS), Ameresco (AMRC), Artesian Resources Corporation (ARTNA), Atlantic Power Corp (ATP), ERM Power Ltd (EPW) and Hawaiian Telcom Holdco (HCOM).
Who are Just Energy Group's key executives?
Just Energy Group's management team includes the folowing people:
- Rebecca MacDonald, Executive Chairman of the Board (Age 63)
- James W. Lewis, President, Co-Chief Executive Officer, Director (Age 45)
- Deborah Merril, President and Co-Chief Executive Officer, Director (Age 46)
- Patrick McCullough, Chief Financial Officer
- Jonah T. Davids, Executive Vice President, General Counsel, Corporate Secretary
- Ash Rajendra, Senior Vice President and Chief Information Officer
- Jim Brown, Senior Vice President - Commercial Division and President of Hudson Energy
- Krishnan Kasiviswanathan, Senior Vice President - Supply and Strategic Development
- James Pickren, Chief Strategy Officer
- Morgan Smith, Chief Sales Officer
Who owns Just Energy Group stock?
Just Energy Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include TD Asset Management Inc. (3.70%), Intact Investment Management Inc. (1.43%), Advisors Capital Management LLC (1.28%), AGF Investments Inc. (0.73%), Mckinley Capital Management LLC Delaware (0.12%) and Great West Life Assurance Co. Can (0.05%). View Institutional Ownership Trends for Just Energy Group.
Who sold Just Energy Group stock? Who is selling Just Energy Group stock?
Just Energy Group's stock was sold by a variety of institutional investors in the last quarter, including Intact Investment Management Inc., Mckinley Capital Management LLC Delaware, Advisors Capital Management LLC, AGF Investments Inc., JPMorgan Chase & Co., Schroder Investment Management Group and Cambridge Investment Research Advisors Inc.. View Insider Buying and Selling for Just Energy Group.
Who bought Just Energy Group stock? Who is buying Just Energy Group stock?
Just Energy Group's stock was bought by a variety of institutional investors in the last quarter, including TD Asset Management Inc., Mackenzie Financial Corp, Great West Life Assurance Co. Can, Cubist Systematic Strategies LLC, Shell Asset Management Co., Citadel Advisors LLC and Sii Investments Inc. WI. View Insider Buying and Selling for Just Energy Group.
How do I buy Just Energy Group stock?
Shares of Just Energy Group 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, Scottrade, Fidelity and Charles Schwab.
What is Just Energy Group's stock price today?
One share of Just Energy Group stock can currently be purchased for approximately $4.53.
How big of a company is Just Energy Group?
Just Energy Group has a market capitalization of $665.24 million and generates $2.83834 billion in revenue each year. The utilities provider earns $340.07 million in net income (profit) each year or $0.54 on an earnings per share basis. Just Energy Group employs 2,146 workers across the globe.
How can I contact Just Energy Group?
Just Energy Group's mailing address is 6345 DIXIE ROAD SUITE 200, MISSISSAUGA A6, L5T 2E6. The utilities provider can be reached via phone at 905-670-4440 or via email at [email protected]
MarketBeat Community Rating for Just Energy Group (NYSE JE)MarketBeat's community ratings are surveys of what our community members think about Just Energy Group 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.
Analysts' Consensus Rating for Just Energy Group (NYSE:JE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 2 Hold Ratings, 3 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.60)|
|Consensus Price Target: ||$7.75 (71.08% upside)|
Consensus Price Target History for Just Energy Group (NYSE:JE)
Analysts' Ratings History for Just Energy Group (NYSE:JE)
(Data available from 11/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/15/2017||B. Riley||Set Price Target||Buy -> Buy||$7.50 -> $6.25||N/A|
|11/10/2017||TD Securities||Downgrade||Buy -> Hold||N/A|
|11/10/2017||HC Wainwright||Reiterated Rating||Buy||$10.00||N/A|
|10/16/2017||Canaccord Genuity||Reiterated Rating||Hold||$7.25||N/A|
|6/14/2017||FBR & Co||Reiterated Rating||Buy||$7.50||Medium|
|11/11/2016||Royal Bank Of Canada||Reiterated Rating||Sector Perform||$8.50 -> $8.00||N/A|
|5/23/2016||Rodman & Renshaw||Reiterated Rating||Buy||$10.00||N/A|
Earnings History and Estimates Chart for Just Energy Group (NYSE:JE)
Earnings History by Quarter for Just Energy Group (NYSE JE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/17/2017||Q4||$0.28||$0.17||$815.35 million||$715.64 million||View||N/A|
|2/8/2017||Q3||$0.09||$0.73||$801.12 million||$688.09 million||View||Listen|
|11/12/2015||Q2 2016||($0.47)||$770.99 million||$832.19 million||View||N/A|
|8/13/2015||Q116||($0.16)||$0.58||$677.48 million||$758.73 million||View||N/A|
|2/12/2015||Q3 2015||($1.76)||$750.77 million||View||N/A|
|8/7/2014||Q1 2015||($0.14)||$749.52 million||View||N/A|
Earnings Estimates for Just Energy Group (NYSE:JE)
2017 EPS Consensus Estimate: $0.49
2018 EPS Consensus Estimate: $0.25
2019 EPS Consensus Estimate: $0.56
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Just Energy Group (NYSE:JE)
|Most Recent Dividend:||9/29/2017|
|Dividend Growth:||-25.30% (3 Year Average)|
|Payout Ratio:||74.07% (Trailing 12 Months of Earnings) |
108.11% (Based on This Year's Estimates)
100.00% (Based on Next Year's Estimates)
Dividend History by Quarter for Just Energy Group (NYSE JE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Just Energy Group (NYSE JE)
No insider trades for this company have been tracked by MarketBeat.com
Latest Headlines for Just Energy Group (NYSE JE)
|Just Energy Group, Inc. to Post Q3 2018 Earnings of $0.20 Per Share, B. Riley Forecasts (JE)|
www.americanbankingnews.com - November 18 at 12:44 AM
|Just Energy Group Inc. Announces December Quarterly Dividend for Its Common Shares and Series A Preferred Shares - GlobeNewswire (press release)|
globenewswire.com - November 17 at 8:34 AM
|Just Energy Group Inc. Announces December Quarterly Dividend for Its Common Shares and Series A Preferred Shares|
finance.yahoo.com - November 17 at 8:34 AM
|B. Riley FBR, Inc. Cuts Just Energy Group, Inc. (JE) Price Target to $6.25|
www.americanbankingnews.com - November 15 at 8:28 AM
|Just Energy Group, Inc. (JE) Downgraded by TD Securities|
www.americanbankingnews.com - November 12 at 11:16 AM
|Just Energy Group, Inc. (JE) Rating Lowered to Hold at ValuEngine|
www.americanbankingnews.com - November 11 at 6:18 PM
|RSI Alert: Just Energy Group (JE) Now Oversold|
www.thestreet.com - November 11 at 2:30 PM
|Just Energy Group Inc. to Host Earnings Call|
finance.yahoo.com - November 11 at 2:29 PM
| Analysts Anticipate Just Energy Group, Inc. (JE) Will Post Quarterly Sales of $793.22 Million|
www.americanbankingnews.com - November 11 at 10:02 AM
|Just Energy Group's (JE) "Buy" Rating Reiterated at HC Wainwright|
www.americanbankingnews.com - November 10 at 10:24 AM
|Zacks: Brokerages Expect Just Energy Group, Inc. (JE) Will Post Earnings of $0.08 Per Share|
www.americanbankingnews.com - November 9 at 7:58 AM
|Just Energy Group (JE) & Its Rivals Financial Review|
www.americanbankingnews.com - November 8 at 9:34 PM
|Just Energy Group, Inc. – Value Analysis (NYSE:JE) : October 27, 2017|
finance.yahoo.com - October 28 at 7:18 AM
|Just Energy Group, Inc. breached its 50 day moving average in a Bearish Manner : JE-US : October 26, 2017|
finance.yahoo.com - October 26 at 3:02 PM
|Just Energy Group, Inc. (JE) Given Consensus Rating of "Buy" by Brokerages|
www.americanbankingnews.com - October 26 at 12:18 PM
|Saudi Arabia just announced plans to build a $500 billion mega-city that's 33 times the size of New York City|
www.businessinsider.com - October 24 at 10:29 PM
|Saudi Arabia Just Announced Plans to Build a Mega City That Will Cost $500 Billion|
www.bloomberg.com - October 24 at 10:29 PM
|Just Energy a Proud Sponsor of Houston's Energy Day 2017 - GlobeNewswire (press release)|
globenewswire.com - October 24 at 5:28 PM
|Just Energy a Proud Sponsor of Houston’s Energy Day 2017|
finance.yahoo.com - October 24 at 5:28 PM
|ETFs with exposure to Just Energy Group, Inc. : October 18, 2017|
finance.yahoo.com - October 18 at 3:15 PM
|Canaccord Genuity Reaffirms "Hold" Rating for Just Energy Group, Inc. (JE)|
www.americanbankingnews.com - October 16 at 4:46 PM
|Just Energy Group, Inc. (JE) Downgraded to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - October 11 at 11:38 PM
|Sempra (SRE) Unit Buys Mexico Pipeline Interest for $520M - Nasdaq|
www.nasdaq.com - October 9 at 9:22 PM
|Terrapass scores touchdown with Lyft to Offset Carbon Emissions at University of Michigan Football Games - Nasdaq|
www.nasdaq.com - October 7 at 6:45 PM
|Why Just Energy (JE) Could Be a Top Value Stock Pick? - Nasdaq|
www.nasdaq.com - October 5 at 5:23 AM
|The Zacks Analyst Blog Highlights: Zagg, Chefs' Warehouse, Micron Technology, Just Energy Group and BOK Financial|
finance.yahoo.com - October 5 at 5:23 AM
|Why Just Energy (JE) Could Be a Top Value Stock Pick?|
finance.yahoo.com - October 5 at 5:23 AM
|Just Energy Group, Inc. : JE-US: Dividend Analysis : September 15th, 2017 (record date) : By the numbers : October 3, 2017|
finance.yahoo.com - October 5 at 5:23 AM
|$827.81 Million in Sales Expected for Just Energy Group Inc (JE) This Quarter|
www.americanbankingnews.com - October 3 at 3:52 AM
|Should You Buy Just Energy Group Inc (TSX:JE) At $7.2?|
finance.yahoo.com - October 2 at 12:53 PM
|Wall Street Finishes Q3 at Record High: Top 5 Gainers|
finance.yahoo.com - October 2 at 12:52 PM
|Financial Survey: Just Energy Group (JE) and ONE Gas (OGS)|
www.americanbankingnews.com - September 27 at 12:56 AM
|Head to Head Contrast: Just Energy Group (JE) versus Regency Energy Partners (RGP)|
www.americanbankingnews.com - September 23 at 4:20 PM
|Why Just Energy Group (JE) Stock Might be a Great Pick - Nasdaq|
www.nasdaq.com - September 20 at 8:28 PM
|Short Interest in Just Energy Group, Inc. (JE) Expands By 66.8%|
www.americanbankingnews.com - September 19 at 1:20 AM
|Just Energy Group (JE) versus Southwest Gas Corporation (SWX) Critical Comparison|
www.americanbankingnews.com - September 18 at 2:30 PM
|Just Energy Group, Inc. (JE) Expected to Post Quarterly Sales of $810.03 Million|
www.americanbankingnews.com - September 15 at 11:44 AM
|Should You Hold Sempra Energy Stock in Your Portfolio Now? - Nasdaq|
www.nasdaq.com - September 12 at 5:01 PM
|Head-To-Head Survey: Just Energy Group (JE) & Regency Energy Partners (RGNC)|
www.americanbankingnews.com - September 10 at 12:48 AM
|Just Energy and Amigo Energy designated among 2017 Most Trusted Texas Retail Electric Providers - GlobeNewswire (press release)|
globenewswire.com - September 9 at 1:59 AM
|Just Energy Group, Inc. (JE) Given Average Rating of "Buy" by Brokerages|
www.americanbankingnews.com - September 6 at 12:40 PM
|Comparing Just Energy Group (JE) and Regency Energy Partners (RGP)|
www.americanbankingnews.com - September 2 at 4:22 AM
|Daily Dividend Report: TFSL, JE, GG, TXRH, TCO|
www.msn.com - September 2 at 1:49 AM
|Just Energy Group, Inc. (JE) Plans Dividend Increase - $0.10 Per Share|
www.americanbankingnews.com - September 1 at 6:20 PM
|Just Energy (JE): The Perfect Mix of Value and Rising Earnings Estimates? - Nasdaq|
www.nasdaq.com - September 1 at 1:15 AM
|Just Energy to Help Ease the Burden for Customers Affected by Hurricane Harvey with a Commitment of over $1 Million in Customer Assistance|
finance.yahoo.com - August 31 at 8:13 PM
|Critical Survey: UGI Corporation (UGI) and Just Energy Group (JE)|
www.americanbankingnews.com - August 31 at 12:22 AM
|Critical Survey: Just Energy Group (JE) & Regency Energy Partners (RGP)|
www.americanbankingnews.com - August 28 at 6:18 PM
|$810.03 Million in Sales Expected for Just Energy Group, Inc. (JE) This Quarter|
www.americanbankingnews.com - August 27 at 5:10 AM
|Analyzing South Jersey Industries (SJI) & Just Energy Group (JE)|
www.americanbankingnews.com - August 26 at 2:16 AM
Financials are not available for this stock.
Just Energy Group (NYSE JE) Chart for Sunday, November, 19, 2017