Genie Energy Ltd. (GNE)
Market Cap | 424.32M |
Revenue (ttm) | 427.22M |
Net Income (ttm) | 3.43M |
Shares Out | 27.20M |
EPS (ttm) | 0.12 |
PE Ratio | 129.61 |
Forward PE | n/a |
Dividend | $0.30 (1.92%) |
Ex-Dividend Date | Nov 12, 2024 |
Volume | 49,477 |
Open | 15.67 |
Previous Close | 15.65 |
Day's Range | 15.31 - 15.84 |
52-Week Range | 14.00 - 30.90 |
Beta | 0.09 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Nov 6, 2024 |
About 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 i... [Read more]
Financial Performance
In 2023, Genie Energy's revenue was $428.71 million, an increase of 35.87% compared to the previous year's $315.54 million. Earnings were $19.21 million, a decrease of -77.63%.
Financial StatementsNews
Genie Energy Closes on Solar Generation Project Financing
NEWARK, NJ, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE), a retail energy and renewable energy solutions provider, today announced that it has closed on a loan financing on a portf...
Genie Energy Q3 Earnings: Soft Results With An Optimistic Outlook
Shares have remained rangebound so far this year, as the company's performance has been inline with management's full-year guidance. Despite results appearing weak versus the prior year periods, key i...
Genie Energy Ltd. (GNE) Q3 2024 Earnings Call Transcript
Genie Energy Ltd. (NYSE:GNE) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Michael Stein – Chief Executive Officer Avi Goldin – Chief Financial Officer Conference ...
Genie Energy Announces Third Quarter 2024 Results
Newark, NJ, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today announced results for the third quarter of 2024.
Genie Energy to Report Third Quarter 2024 Results
NEWARK, NJ, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the t...
Genie Energy Ltd. (GNE) Q2 2024 Earnings Call Transcript
Genie Energy Ltd. (NYSE:GNE) Q2 2024 Earnings Call August 6, 2024 8:30 AM ET Company Participants Brian Siegel - Investor Relations Michael Stein - Chief Executive Officer Avi Goldin - Chief Financia...
Genie Energy Announces Second Quarter 2024 Results
Newark, NJ, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today announced results for the second quarter of 2024.
Genie Energy to Report Second Quarter 2024 Results
NEWARK, NJ, July 17, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results f...
Genie Energy: Attractively Priced With Solar Energy Upside
Shares have nearly halved this year as profit margins have been steadily declining since the end of 2022. The business continues to show robust revenue growth, with management guiding for Adjusted EBI...
Genie Energy Announces First Quarter 2024 Results
Revenue increased to $119.7 Million and Gross Profit Climbed to $33.8 Million - Both Record First Quarter Levels
Genie Energy to Report First Quarter 2024 Results
NEWARK, NJ, April 24, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results ...
Sunlight Energy Investments Acquires an Additional Solar Project
NEWARK, NJ, March 21, 2024 (GLOBE NEWSWIRE) -- Sunlight Energy Investments (Sunlight Energy), a subsidiary of Genie Energy Ltd., (NYSE: GNE), a retail energy and renewable energy solutions provider, t...
Genie Energy Limited (GNE) Q4 2023 Earnings Call Transcript
Genie Energy Limited (NYSE:GNE) Q4 2023 Earnings Conference Call March 11, 2024 8:30 AM ET Company Participants Brian Siegel - Hayden IR Michael Stein - Chief Executive Officer Avi Goldin - Chief Fin...
Genie Energy Announces Fourth Quarter and Full Year 2023 Results
Record Fourth Quarter and Full Year Revenue Full-year 2023 Adjusted EBITDA 1 exceeded upper range of prior guidance Cash and cash equivalents, short and long-term restricted cash, and marketable equi...
Genie Energy to Report Fourth Quarter and Full Year 2023 Results
NEWARK, NJ, March 05, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results ...
Genie Energy: Still Deeply Undervalued Despite Price Increase
Revenue rising through marketing and acquisitions, not just cost-cutting. Genie Energy is investing in renewable energy with long-term growth trends. Recent improvement in Cash Conversion Cycle sugges...
Genie Energy Unveils Insurance Strategy
NEWARK, NJ, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today announced an expansion of its consumer product port...
Genie Energy Announces Participation in The Microcap Conference
Newark, New Jersey--(Newsfile Corp. - January 25, 2024) - Genie Energy (NYSE: GNE), a leading retail energy and renewable energy solutions provider, will be participating in The Microcap Conference, w...
Sunlight Energy Investments Acquires Portfolio of Solar Projects
Acquires Operational Arrays Aggregating 9.4 MW NEWARK, NJ, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Sunlight Energy Investments (Sunlight Energy), a subsidiary of Genie Energy Ltd., (NYSE: GNE), a retail ene...
Genie Energy (GNE) Q3 2023 Earnings Call Transcript
Genie Energy Limited (NYSE:GNE) Q3 2023 Earnings Conference Call November 6, 2023 8:30 AM ET Company Participants Michael Stein - Chief Executive Officer Avi Goldin - Chief Financial Officer Brian Si...
Genie Energy Announces Third Quarter 2023 Results
Revenue increased 54% year-over-year to a quarterly record $125 million Increased 2023 Adjusted EBITDA 1 guidance to $52 million to $57 million (versus prior guidance of $47 million to $55 million) Ye...
Genie Energy to Report Third Quarter 2023 Results
NEWARK, NJ, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results f...
Genie Energy Continues To Show A Lot Of Potential
Genie Energy offers a fantastic opportunity to take advantage of the long-term bullish outlook for natural gas. The Company has seen substantial growth in its electricity segment and is actively pursu...
Genie Energy: International Expansion Resulting In Accretive Growth
Genie Energy distributes electricity and natural gas globally. The company's market valuation is $420.41 million, with a potential undervaluation compared to industry peers. The firm's expansion strat...
Genie Energy Ltd. (GNE) Q2 2023 Earnings Call Transcript
Genie Energy Ltd. (NYSE:GNE) Q2 2023 Earnings Conference Call August 7, 2023 8:30 AM ET Company Participants Michael Stein - Chief Executive Officer Avi Goldin - Chief Financial Officer Brian Siegel ...