How have GREE shares performed in 2024?

Greenidge Generation's stock was trading at $6.71 on January 1st, 2024. Since then, GREE shares have decreased by 63.3% and is now trading at $2.46. View the best growth stocks for 2024 here .

When is Greenidge Generation's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our GREE earnings forecast .

What ETF holds Greenidge Generation's stock?

Valkyrie Bitcoin Miners ETF holds 174,476 shares of GREE stock, representing 0.66% of its portfolio.

When did Greenidge Generation's stock split?

Greenidge Generation shares reverse split on the morning of Tuesday, May 16th 2023. The 1-10 reverse split was announced on Tuesday, May 16th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 16th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What guidance has Greenidge Generation issued on next quarter's earnings?

Greenidge Generation updated its fourth quarter 2023 earnings guidance on Thursday, February, 1st. The company provided EPS guidance of 0.180-0.320 for the period, compared to the consensus earnings per share estimate of 0.300. The company issued revenue guidance of $19.7 million-$19.7 million, compared to the consensus revenue estimate of $26.7 million.

How do I buy shares of Greenidge Generation?

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

NASDAQ:GREE

Greenidge Generation (GREE) Stock Price, News & Analysis

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$2.46

+0.12 (+5.13%)

(As of 04/18/2024 ET)

Compare

Today's Range: $2.35
▼
$2.56
50-Day Range: $2.24
▼
$5.07
52-Week Range: $1.55
▼
$9.26

Volume: 96,390 shs
Average Volume: 348,166 shs
Market Capitalization: $18.11 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

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Greenidge Generation MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
9.12% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$23,600 Sold Last Quarter
Proj. Earnings Growth: Decreasing
From ($0.95) to ($1.36) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.48 out of 5 stars

Finance Sector

785th out of 822 stocks

Nondepository Credit Institutions Industry

40th out of 43 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Greenidge Generation.

2.0

Short Interest

Percentage of Shares Shorted
9.12% of the float of Greenidge Generation has been sold short.
Short Interest Ratio / Days to Cover
Greenidge Generation has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Greenidge Generation has recently increased by 3.06%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Greenidge Generation does not currently pay a dividend.
Dividend Growth
Greenidge Generation does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GREE.

3.2

News and Social Media Coverage

News Sentiment
Greenidge Generation has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Greenidge Generation this week, compared to 1 article on an average week.
Search Interest
6 people have searched for GREE on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added Greenidge Generation to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Greenidge Generation insiders have sold 70.46% more of their company's stock than they have bought. Specifically, they have bought $13,845.00 in company stock and sold $23,600.00 in company stock.
Percentage Held by Insiders
40.50% of the stock of Greenidge Generation is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 8.50% of the stock of Greenidge Generation is held by institutions.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Greenidge Generation are expected to decrease in the coming year, from ($0.95) to ($1.36) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Greenidge Generation is -0.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Greenidge Generation is -0.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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About Greenidge Generation Stock (NASDAQ:GREE)

Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenters in New York and South Carolina. It also owns and operates a 106 MW nameplate natural gas power generation facility. The company was founded in 1937 and is headquartered in Dresden, New York.

GREE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GREE Stock News Headlines

April 17, 2024 | msn.com

Greenidge Generation Holdings (GREE) Price Target Decreased by 70.00% to 6.12

April 10, 2024 | markets.businessinsider.com

Greenidge Generation: Q4 Profit Beats Its Previous Guidance

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 10, 2024 | msn.com

Rocket Companies, Greenidge Generation among financial movers

April 10, 2024 | msn.com

Greenidge Generation Holdings GAAP EPS of $0.36, revenue of $19.6M

April 10, 2024 | businesswire.com

DNAnexus and Oracle Collaborate to Advance Precision Health

April 10, 2024 | businesswire.com

Greenidge Generation Reports Financial and Operating Results for the Fourth Quarter and Full Year 2023

April 4, 2024 | businesswire.com

Greenidge Announces Continued Expansion of Power Capacity; Company Has Secured Access To 60 MW of Low-Cost Power in South Carolina

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 31, 2024 | ca.sports.yahoo.com

‘Doctor Who’ Episode Titles Unveiled, New Guest Star Added To Season Premiere

March 29, 2024 | uk.investing.com

Greenidge Generation delays Q4 and full-year earnings report

March 28, 2024 | benzinga.com

Greenidge Generation Hldg Earnings Preview

March 27, 2024 | marketwatch.com

Greenidge Generation Delays 4Q Results

March 27, 2024 | businesswire.com

Greenidge Generation Announces Fourth Quarter Results Will Meet or Exceed Preliminary Results

March 27, 2024 | msn.com

Greenidge Generation Holdings Q4 Earnings Preview

March 15, 2024 | yahoo.com

Doctor Who Sets May Release Date for XL Season 14 Premiere

March 15, 2024 | nz.news.yahoo.com

Doctor Who Sets Release Date for XL Season 14 Premiere; UK to Get Episodes ‘Next Day’

March 11, 2024 | finance.yahoo.com

Greenidge Announces Expansion of Power Capacity with 40 MW of Low-Cost Power in Key Territories

February 12, 2024 | marketwatch.com

Greenidge Generation Shares Rise 10% After $6 Million Investment

February 12, 2024 | finance.yahoo.com

Infinite Reality, the Global Leader in Immersive Experiences, Acquires Spatial Web Pioneer Ethereal Engine

February 12, 2024 | finance.yahoo.com

Greenidge Generation Announces $6 Million Investment to Support Ongoing Business Transformation

February 7, 2024 | msn.com

EPA announces settlement with Greenridge Generations LLC.

February 6, 2024 | morningstar.com

Greenidge Generation Holdings Inc. GREE

February 1, 2024 | msn.com

“The Aunties” Paulette Greene and Donna Dear on Climate Justice and Freedom

February 1, 2024 | finanznachrichten.de

Zoomcar Holdings, Inc.: Zoomcar Introduces New Product Category with 50% Lower Pricing

February 1, 2024 | finance.yahoo.com

Greenidge Generation Announces Favorable Preliminary Financial and Operating Results for the Fourth Quarter 2023

December 27, 2023 | msn.com

Greenidge Generation among financials gainers, MBIA in losers

See More Headlines

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Company Calendar

Today: 4/18/2024
Next Earnings (Estimated): 5/20/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Nondepository credit institutions
Sub-Industry: N/A
Current Symbol: NASDAQ:GREE
CUSIP: N/A
CIK: 1844971
Web: www.greenidge.com
Phone: (315) 536-2359
Fax: N/A
Employees: 347
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($37.93)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-29,510,000.00
Net Margins: -41.92%
Pretax Margin: -41.26%
Return on Equity: N/A
Return on Assets: -27.21%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.16
Quick Ratio: 1.16

Sales & Book Value

Annual Sales: $70.39 million
Price / Sales: 0.26
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($6.93) per share
Price / Book: -0.35

Miscellaneous

Outstanding Shares: 7,360,000
Free Float: 4,379,000
Market Cap: $18.11 million
Optionable: No Data
Beta: 3.35

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Key Executives

Mr. Scott MacKenzie (Age 47)
Chief Strategy Officer
Comp: $179.94k
Mr. Jordan Kovler (Age 44)
CEO & Director
Mr. Dale Irwin (Age 53)
President
Comp: $745.57k
Mr. Christian Mulvihill (Age 33)
Chief Financial Officer
Mr. Dustin Beaudry
Chief Technology Officer
Mr. Timothy Rainey (Age 37)
Treasurer
Comp: $479.17k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GREE Stock Analysis - Frequently Asked Questions

How have GREE shares performed in 2024?: Greenidge Generation's stock was trading at $6.71 on January 1st, 2024. Since then, GREE shares have decreased by 63.3% and is now trading at $2.46.
View the best growth stocks for 2024 here.
When is Greenidge Generation's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our GREE earnings forecast.
What ETF holds Greenidge Generation's stock?: Valkyrie Bitcoin Miners ETF holds 174,476 shares of GREE stock, representing 0.66% of its portfolio.
When did Greenidge Generation's stock split?: Greenidge Generation shares reverse split on the morning of Tuesday, May 16th 2023. The 1-10 reverse split was announced on Tuesday, May 16th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 16th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What guidance has Greenidge Generation issued on next quarter's earnings?: Greenidge Generation updated its fourth quarter 2023 earnings guidance on Thursday, February, 1st. The company provided EPS guidance of 0.180-0.320 for the period, compared to the consensus earnings per share estimate of 0.300. The company issued revenue guidance of $19.7 million-$19.7 million, compared to the consensus revenue estimate of $26.7 million.
How do I buy shares of Greenidge Generation?: Shares of GREE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GREE) was last updated on 4/18/2024 by MarketBeat.com Staff

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Greenidge Generation (GREE) Stock Price, News & Analysis

Greenidge Generation MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Greenidge Generation Stock (NASDAQ:GREE)

GREE Stock Price History

GREE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

GREE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™