Genie Energy Ltd. (GNE)

NYSE: GNE · Real-Time Price · USD
15.10
-0.04 (-0.26%)
At close: Mar 28, 2025, 4:00 PM
15.38
+0.28 (1.85%)
After-hours: Mar 28, 2025, 8:00 PM EDT
-0.26%
Market Cap 407.85M
Revenue (ttm) 425.20M
Net Income (ttm) 12.59M
Shares Out 27.01M
EPS (ttm) 0.46
PE Ratio 26.49
Forward PE n/a
Dividend $0.30 (1.99%)
Ex-Dividend Date Feb 18, 2025
Volume 36,088
Open 15.09
Previous Close 15.14
Day's Range 15.07 - 15.27
52-Week Range 13.05 - 17.93
Beta 0.02
Analysts n/a
Price Target n/a
Earnings Date Mar 10, 2025

About GNE

Genie Energy Ltd., through its subsidiaries, provides energy services in the United States and internationally. It operates in two segments, Genie Retail Energy and Genie Renewables. The company resells electricity and natural gas to residential and small business customers in the Eastern and Midwestern United States and Texas; and develops, constructs, and operates utility-scale solar energy projects. It also distributes solar panels; offers energy procurement and advisory services to industrial, commercial, and municipal customers; and market... [Read more]

Sector Utilities
Founded 2011
Employees 152
Stock Exchange NYSE
Ticker Symbol GNE
Full Company Profile

Financial Performance

In 2024, Genie Energy's revenue was $425.20 million, a decrease of -0.82% compared to the previous year's $428.71 million. Earnings were $12.59 million, a decrease of -34.45%.

Financial Statements

News

Genie Energy Q4: Cheap Valuation, But Capital Allocation Will Be Key

Full year 2024 results came in at the high end of guidance, with the outlook for 2025 calling for earnings to largely remain stable. Net cash on the balance sheet represents nearly half the current ma...

8 days ago - Seeking Alpha

Genie Energy Ltd. (GNE) Q4 2024 Earnings Call Transcript

Genie Energy Ltd. (NYSE:GNE) Q4 2024 Earnings Conference Call March 10, 2025 8:30 AM ET Company Participants Michael Stein - CEO Avi Goldin - CFO Conference Call Participants Operator Good day, and w...

18 days ago - Seeking Alpha

Genie Energy Announces Fourth Quarter and Full Year 2024 Results

Fourth quarter Adjusted EBITDA 1 of $11.1 million Full-year 2024 Adjusted EBITDA of $48.5 million achieves high end of guidance GRE adds over 60,000 net meters in 2024, expanding customer base 17% New...

18 days ago - GlobeNewsWire

Genie Energy to Report Fourth Quarter and Full Year 2024 Results

NEWARK, NJ, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the f...

4 weeks ago - GlobeNewsWire

Genie Energy Advances Insurance Strategy

NEWARK, NJ , Dec. 05, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today provided an update on its consumer insurance initi...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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 ...

5 months ago - Seeking Alpha

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.

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

8 months ago - Seeking Alpha

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.

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

10 months ago - Seeking Alpha

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

11 months ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

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...

1 year ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Newsfile Corp

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha