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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:GNE

Genie Energy (GNE) Stock Price, News & Analysis

$15.08
+0.16 (+1.07%)
(As of 03/28/2024 ET)
Today's Range
$14.66
$15.08
50-Day Range
$14.76
$20.25
52-Week Range
$12.95
$30.90
Volume
624,932 shs
Average Volume
182,412 shs
Market Capitalization
$412.59 million
P/E Ratio
20.38
Dividend Yield
1.99%
Price Target
N/A

Genie Energy MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
5.88% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.56
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

1.25 out of 5 stars

Utilities Sector

82nd out of 90 stocks

Electric & Other Services Combined Industry

17th out of 17 stocks

GNE stock logo

About Genie Energy Stock (NYSE:GNE)

Genie Energy Ltd., through its subsidiaries, engages in the supply of electricity and natural gas to residential and small business customers in the United States and internationally. It operates in two segments, GRE and Genie Renewables. The company also develops, constructs, and operates solar energy projects for commercial and industrial customers, as well as its own portfolio; provides energy brokerage and advisory services; markets community solar energy solutions; and manufactures and distributes solar panel, as well as engages in solar installation design and project management activities. Genie Energy Ltd. was incorporated in 2011 and is headquartered in Newark, New Jersey.

GNE Stock Price History

GNE Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Genie Energy: Q4 Earnings Snapshot
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
GNE Mar 2024 5.000 call
GNE Mar 2024 20.000 put
GNE Feb 2024 17.500 call
Genie Energy Announces Dividend for Stockholders
Genie Energy Unveils Insurance Strategy
GNE Dec 2023 17.500 call
GNE Jan 2024 30.000 put
GNE Dec 2023 15.000 put
See More Headlines
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Company Calendar

Last Earnings
3/12/2020
Ex-Dividend for 2/28 Dividend
2/16/2024
Dividend Payable
2/28/2024
Today
3/28/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric & other services combined
Sub-Industry
Independent Power Producers & Energy Traders
CUSIP
37228420
Employees
198
Year Founded
N/A

Profitability

Net Income
$19.54 million
Pretax Margin
4.22%

Debt

Sales & Book Value

Annual Sales
$428.71 million
Cash Flow
$1.80 per share
Book Value
$6.73 per share

Miscellaneous

Free Float
22,189,000
Market Cap
$412.59 million
Optionable
Optionable
Beta
0.19

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Key Executives

  • Mr. Michael M. Stein (Age 40)
    Chief Executive Officer
    Comp: $1.48M
  • Mr. Avi Goldin (Age 47)
    Chief Financial Officer
    Comp: $873.38k
  • Mr. Bill Ulrey
    Vice President of Investor Relations & External Affairs
  • Ms. Joyce J. Mason Esq. (Age 65)
    Corporate Secretary & Director
  • Mr. Efraim Eitam
    President of Genie Oil & Gas
  • Mr. Alan Schwab
    President & COO of Genie Retail Energy, Inc.

GNE Stock Analysis - Frequently Asked Questions

How have GNE shares performed in 2024?

Genie Energy's stock was trading at $28.13 at the beginning of the year. Since then, GNE stock has decreased by 46.4% and is now trading at $15.08.
View the best growth stocks for 2024 here
.

Are investors shorting Genie Energy?

Genie Energy saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 775,300 shares, a decline of 6.9% from the February 29th total of 832,700 shares. Based on an average daily trading volume, of 177,000 shares, the short-interest ratio is presently 4.4 days. Currently, 5.9% of the company's shares 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 13th 2024.
View our GNE earnings forecast
.

How were Genie Energy's earnings last quarter?

Genie Energy Ltd. (NYSE:GNE) issued its earnings results on Thursday, March, 12th. The oil and gas producer reported $0.01 EPS 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 25.39% and a net margin of 4.56%.

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

Genie Energy declared a quarterly dividend on Thursday, February 8th. Stockholders of record on Tuesday, February 20th will be paid a dividend of $0.075 per share on Wednesday, February 28th. This represents a $0.30 annualized dividend and a dividend yield of 1.99%. The ex-dividend date of this dividend is Friday, February 16th.
Read our dividend analysis for GNE
.

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 2.04%. The dividend payout ratio is 40.54%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for GNE.

What ETF holds Genie Energy's stock?

AdvisorShares Dorsey Wright Micro-Cap ETF holds 2,596 shares of GNE stock, representing 0.70% of its portfolio.

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).

Who are Genie Energy's major shareholders?

Genie Energy's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.49%), Vanguard Group Inc. (4.49%), Dimensional Fund Advisors LP (4.45%), Hillsdale Investment Management Inc. (0.71%), Northern Trust Corp (0.64%) and Significant Wealth Partners LLC (0.62%). Insiders that own company stock include Alan B Rosenthal, Avi Goldin, James A Courter and Joyce J Mason.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GNE) was last updated on 3/28/2024 by MarketBeat.com Staff

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