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:
- Sector: Utilities
- Industry: Natural Gas Distribution
- Sub-Industry: N/A
- Symbol: NYSE:JE
- CUSIP: N/A
- Web: www.justenergygroup.com
- Market Cap: $785.05 million
- Outstanding Shares: 147,014,000
- 50 Day Moving Avg: $5.54
- 200 Day Moving Avg: $5.75
- 52 Week Range: $4.83 - $6.48
Sales & Book Value:
- Trailing P/E Ratio: 2.89
- Foreward P/E Ratio: 11.78
- P/E Growth: 0.00
- Annual Revenue: $2.84 billion
- Price / Sales: 0.27
- Book Value: ($1.43) per share
- Price / Book: -3.71
- Annual Dividend: $0.37
- Dividend Yield: 6.9%
- EBIDTA: $176.93 million
- Net Margins: 12.37%
- Return on Equity: -84.39%
- Return on Assets: 15.43%
- Debt-to-Equity Ratio: -3.34%
- Current Ratio: 1.15%
- Quick Ratio: 1.13%
- Average Volume: 158,777 shs.
- Beta: 1.06
- Short Ratio: 14.13
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 Thursday, June 1st. Stockholders of record on Thursday, June 15th will be given a dividend of $0.093 per share on Friday, June 30th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 7.02%. The ex-dividend date is Tuesday, June 13th. 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 approved a share repurchase plan on Sunday, April 9th 2017, which authorizes the company to repurchase 9,660,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.
How were Just Energy Group's earnings last quarter?
Just Energy Group, Inc. (NYSE:JE) released its quarterly earnings data on Wednesday, May, 17th. The company reported $0.17 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.28 by $0.11. The business earned $715.64 million during the quarter, compared to the consensus estimate of $815.35 million. Just Energy Group had a net margin of 12.37% and a negative return on equity of 84.39%. View Just Energy Group's Earnings History.
Where is Just Energy Group's stock going? Where will Just Energy Group's stock price be in 2017?
5 analysts have issued 1-year target prices for Just Energy Group's shares. Their forecasts range from $7.50 to $10.00. On average, they expect Just Energy Group's share price to reach $8.80 in the next twelve months. View Analyst Ratings for Just Energy Group.
What are analysts saying about Just Energy Group stock?
Here are some recent quotes from research analysts about Just Energy Group stock:
- 1. 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)
- 2. 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. " (2/13/2017)
- 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 Shenandoah Telecommunications Co (SHEN), Frontier Communications Corporation (FTR), Drax Group Plc (DRX), Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) (EDN), Chesapeake Utilities Corporation (CPK), TerraForm Power (TERP), Dynegy (DYN), Consolidated Communications Holdings (CNSL), SJW Corporation (SJW), Spark Energy (SPKE), Cincinnati Bell (CBB), Kenon Holdings Ltd (KEN), UNITIL Corporation (UTL), Connecticut Water Service (CTWS), Middlesex Water Company (MSEX), MYR Group (MYRG), Sky Solar Holdings (SKYS) and The York Water Company (YORW).
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
- James W. Lewis, President, Co-Chief Executive Officer, Director
- Deborah Merril, President and Co-Chief Executive Officer, Director
- Patrick McCullough, Chief Financial Officer
- Jonah T. Davids, Executive Vice President, General Counsel
- Jason Herod, Executive Vice President, Consumer Division – North America
- Ash Rajendra, Senior Vice President, Chief Information Officer
- Jim Brown, Senior Vice President - Commercial Division and President of Hudson Energy
- Krishnan Kasiviswanathan, Senior Vice President, Supply and Strategic Development
- Morgan Smith, Chief Sales Officer
Who owns Just Energy Group stock?
Just Energy Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include TD Asset Management Inc. (3.48%), Acadian Asset Management LLC (2.35%), Vanguard Group Inc. (1.73%), Bank of Montreal Can (1.73%), Renaissance Technologies LLC (1.46%) and AGF Investments Inc. (0.83%). 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 Advisors Capital Management LLC, Bank of Montreal Can, Morgan Stanley, Renaissance Technologies LLC, Bank of America Corp DE, O Shaughnessy Asset Management LLC, Credit Suisse AG and Great West Life Assurance Co. Can. 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 Massachusetts Financial Services Co. MA, Acadian Asset Management LLC, James Investment Research Inc., Mckinley Capital Management LLC Delaware, CIBC World Markets Inc., TD Asset Management Inc., Vanguard Group Inc. and Renaissance Group LLC. 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 include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Just Energy Group's stock price today?
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.
One share of Just Energy Group stock can currently be purchased for approximately $5.30.
Consensus Ratings for Just Energy Group (NYSE:JE) (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: ||2 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.60)|
|Consensus Price Target: ||$8.80 (66.04% upside)|
Analysts' Ratings History for Just Energy Group (NYSE:JE)
(Data available from 6/27/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/14/2017||FBR & Co||Reiterated Rating||Buy||$7.50||Medium|
|5/24/2017||HC Wainwright||Reiterated Rating||Buy||$10.00||Low|
|5/18/2017||Canaccord Genuity||Downgrade||Buy -> Hold||High|
|11/11/2016||Royal Bank Of Canada||Reiterated Rating||Sector Perform||$8.50 -> $8.00||N/A|
|10/12/2016||TD Securities||Upgrade||Hold -> Buy||$8.50 -> $9.50||N/A|
|5/23/2016||Rodman & Renshaw||Reiterated Rating||Buy||$10.00||N/A|
|10/2/2015||CIBC||Boost Price Target||Sector Perform||$7.50 -> $8.50||N/A|
Earnings History 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: $0.23
2019 EPS Consensus Estimate: $0.61
(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)
|Dividend Growth:||-25.30% (3 Year Average)|
|Payout Ratio:||23.57% (Trailing 12 Months of Earnings) |
119.35% (Based on This Year's Estimates)
82.22% (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
Headline Trends for Just Energy Group (NYSE:JE)
Latest Headlines for Just Energy Group (NYSE:JE)
|Form 6-K Just Energy Group Inc. For: Jun 26|
www.streetinsider.com - June 26 at 7:54 PM
|ETFs with exposure to Just Energy Group, Inc. : June 26, 2017|
finance.yahoo.com - June 26 at 7:54 PM
|Just Energy Group, Inc. (JE) Expected to Announce Quarterly Sales of $701.16 Million|
www.americanbankingnews.com - June 23 at 1:42 PM
|Just Energy Group, Inc. (JE) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - June 23 at 11:32 AM
|Just Energy Group, Inc. (JE) Expected to Post Earnings of $0.04 Per Share|
www.americanbankingnews.com - June 21 at 10:46 PM
|Just Energy Group, Inc. :JE-US: Earnings Analysis: Q4, 2017 By the Numbers : June 16, 2017|
finance.yahoo.com - June 16 at 6:57 PM
|Just Energy Group, Inc. (JE) Stock Rating Reaffirmed by FBR & Co|
www.americanbankingnews.com - June 14 at 9:40 PM
|Just Energy Group, Inc. : JE-US: Dividend Analysis : June 15th, 2017 (record date) : By the numbers : June 14, 2017|
finance.yahoo.com - June 14 at 8:04 PM
|ETFs with exposure to Just Energy Group, Inc. : June 14, 2017|
finance.yahoo.com - June 14 at 8:04 PM
|Just Energy Group (JE) & Southern Company Gas (GAS) Critical Review|
www.americanbankingnews.com - June 12 at 8:42 AM
|Just Energy Group Inc (JE) Downgraded by ValuEngine to "Hold"|
www.americanbankingnews.com - June 6 at 8:33 PM
|Earnings Highlights and Review: Just Energy's Adjusted Earnings Soared 42%|
finance.yahoo.com - June 6 at 10:14 AM
|Just Energy Group Inc (JE) Announces $0.09 Quarterly Dividend|
www.americanbankingnews.com - June 1 at 6:52 PM
|Just Energy Group Inc. Announces June Quarterly Dividend for Its Common Shares and Series A Preferred Shares - MarketWatch|
www.marketwatch.com - June 1 at 6:50 PM
|Just Energy Group Inc (JE) Given Average Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - May 29 at 10:34 AM
|Just Energy Group Inc (JE) Expected to Post Quarterly Sales of $701.16 Million|
www.americanbankingnews.com - May 28 at 8:36 AM
|Just Energy Marks 20 Years in the Retail Energy Space - MarketWatch|
www.marketwatch.com - May 26 at 6:48 PM
| Brokerages Anticipate Just Energy Group Inc (JE) to Post $0.04 Earnings Per Share|
www.americanbankingnews.com - May 26 at 4:28 PM
|Just Energy Group Inc (JE) Earns Buy Rating from HC Wainwright|
www.americanbankingnews.com - May 24 at 9:38 AM
|Just Energy Group, Inc. :JE-US: Earnings Analysis: 2017 By the Numbers : May 23, 2017|
finance.yahoo.com - May 23 at 11:04 AM
|Q1 2018 Earnings Estimate for Just Energy Group Inc Issued By FBR & Co (JE)|
www.americanbankingnews.com - May 22 at 7:30 AM
|Just Energy Group Inc (JE) Given a $8.00 Price Target at FBR & Co|
www.americanbankingnews.com - May 21 at 9:56 PM
|Just Energy (JE) Q4 Earnings Miss Estimates, Gives '18 View - Nasdaq|
www.nasdaq.com - May 20 at 10:52 PM
|Just Energy Group's (JE) CEO Deborah Merril on Q4 2017 Results - Earnings Call Transcript|
seekingalpha.com - May 19 at 5:46 PM
|Just Energy Group Breaks Below 200-Day Moving Average - Notable for JE|
www.nasdaq.com - May 19 at 5:46 PM
|Just Energy Group Inc (JE) Price Target Cut to $7.50 by Analysts at FBR & Co|
www.americanbankingnews.com - May 19 at 7:42 AM
|Just Energy Group Inc (JE) Releases Earnings Results|
www.americanbankingnews.com - May 18 at 10:44 AM
|Just Energy Group Inc (JE) Earns "Hold" Rating from Canaccord Genuity|
www.americanbankingnews.com - May 18 at 8:34 AM
|Just Energy reports 4Q loss|
finance.yahoo.com - May 17 at 11:00 PM
|Just Energy Group, Inc. breached its 50 day moving average in a Bearish Manner : JE-US : May 16, 2017|
finance.yahoo.com - May 16 at 10:55 AM
|Just Energy Group, Inc. – Value Analysis (NYSE:JE) : May 5, 2017|
finance.yahoo.com - May 5 at 6:01 PM
|$815.35 Million in Sales Expected for Just Energy Group Inc (JE) This Quarter|
www.americanbankingnews.com - May 5 at 3:52 PM
|Just Energy Group, Inc. breached its 50 day moving average in a Bearish Manner : JE-US : May 4, 2017|
finance.yahoo.com - May 4 at 12:09 PM
|Just Energy Group (JE) Earning Positive Media Coverage, Study Finds|
www.americanbankingnews.com - May 4 at 11:17 AM
| Analysts Expect Just Energy Group Inc (JE) Will Post Earnings of $0.28 Per Share|
www.americanbankingnews.com - May 3 at 8:12 AM
|Just Energy Group Announces Commencement of an At-the-Market Program in the United States for the 8.50% Series ... - Yahoo Finance|
finance.yahoo.com - May 2 at 4:28 PM
|Just Energy Group Announces Commencement of an At-the-Market Program in the United States for the 8.50% Series ... - GlobeNewswire (press release)|
globenewswire.com - May 2 at 10:43 AM
|Just Energy Group Announces Commencement of an At-the-Market Program in the United States for the 8.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Shares|
finance.yahoo.com - May 2 at 10:43 AM
|Just Energy Group Inc (JE) Given Average Rating of "Buy" by Analysts|
www.americanbankingnews.com - May 2 at 9:32 AM
|Just Energy Group (JE) Getting Positive News Coverage, Study Shows|
www.americanbankingnews.com - May 1 at 6:56 PM
|Just Energy Group (JE) Given Daily News Impact Score of 0.34|
www.americanbankingnews.com - April 28 at 9:22 PM
|Just Energy Group (JE) Getting Positive News Coverage, Report Finds|
www.americanbankingnews.com - April 25 at 11:48 AM
|Just Energy Group (JE) Receiving Favorable Press Coverage, Study Finds|
www.americanbankingnews.com - April 22 at 12:53 PM
|Just Energy Group (JE) Receiving Favorable Media Coverage, Analysis Shows|
www.americanbankingnews.com - April 19 at 1:20 PM
|Positive Media Coverage Likely to Effect Just Energy Group (JE) Stock Price|
www.americanbankingnews.com - April 16 at 12:37 PM
|Just Energy Preferred Shares Added to the S&P U.S. Preferred Share Index - GlobeNewswire (press release)|
globenewswire.com - April 14 at 9:17 AM
|Just Energy Group (JE) Receives Daily Coverage Optimism Score of 0.27|
www.americanbankingnews.com - April 13 at 3:14 PM
|Just Energy Group Inc (JE) Expected to Post Earnings of $0.28 Per Share|
www.americanbankingnews.com - April 12 at 8:15 AM
|Just Energy Group (JE) Board of Directors Declares Stock Buyback Program|
www.americanbankingnews.com - April 9 at 8:19 AM
|Just Energy Group, Inc. : JE-US: Dividend Analysis : March 15th, 2017 (record date) : By the numbers : April 5, 2017|
finance.yahoo.com - April 7 at 10:34 AM
Just Energy Group (JE) Chart for Tuesday, June, 27, 2017