Genie Energy Ltd. (GNE)

NYSE: GNE · IEX Real-Time Price · USD
8.34
+0.29 (3.60%)
Jun 24, 2022 4:00 PM EDT - Market closed
3.60%
Market Cap 218.47M
Revenue (ttm) 326.91M
Net Income (ttm) 47.41M
Shares Out 26.20M
EPS (ttm) 1.81
PE Ratio 4.62
Forward PE n/a
Dividend $0.23 (2.76%)
Ex-Dividend Date May 19, 2022
Volume 56,548
Open 8.01
Previous Close 8.05
Day's Range 8.01 - 8.50
52-Week Range 4.74 - 8.88
Beta 0.40
Analysts Sell
Price Target n/a
Earnings Date Aug 4, 2022

About GNE

Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States, Finland, Sweden, Japan, and internationally. It operates in three segments: Genie Retail Energy (GRE); GRE International; and Genie Renewables. The company also engages in the provision of energy advisory and brokerage services; solar panel manufacturing and distribution; solar installation design; and project management activities. Genie Energy Ltd. was incorporated in 2011 and is headquartered in ... [Read more...]

Industry Electric Utilities
CEO Michael Stein
Employees 186
Stock Exchange NYSE
Ticker Symbol GNE
Full Company Profile

Financial Performance

In 2021, Genie Energy's revenue was $363.73 million, an increase of 1.90% compared to the previous year's $356.93 million. Earnings were $29.21 million, an increase of 122.08%.

Financial Statements

Analyst Forecast

No stock price forecast available yet.

Price Target
0
Analyst Consensus: Sell
Stock Forecasts

News

Genie Energy to Present at East Coast IDEAS Investor Conference

NEWARK, N.J. , June 15, 2022 /PRNewswire/ -- Genie Energy Ltd.

Genie Energy to Present at Sidoti May Virtual MicroCap Conference - Revised Presentation Time

NEWARK, N.J. , May 9, 2022 /PRNewswire/ -- Genie Energy Ltd.

Genie Energy Announces First Quarter Results

Record Gross Profit of $45.5 million and Gross Margin of 46.2% Record Net Income Attributable to Common Stockholders of $17.5 million, diluted EPS of $0.67 and Adjusted EBITDA1 of $25.7 million NEWARK, ...

Genie Energy to Present at Sidoti May Virtual MicroCap Conference

NEWARK, N.J. , May 4, 2022 /PRNewswire/ -- Genie Energy Ltd.

Genie Energy to Report First Quarter 2022 Results

NEWARK, N.J. , April 27, 2022 /PRNewswire/ -- Genie Energy Ltd.

Genie Energy Declares First Quarter 2022 Preferred Stock Dividend

NEWARK N.J. , April 14, 2022 /PRNewswire/ -- The board of directors of Genie Energy Ltd (NYSE: GNE, GNEPRA) has declared a cash dividend of $0.2442 per share of the company's Series 2012-A Preferred Sto...

Genie Energy Announces Fourth Quarter and Full-Year 2021 Results

NEWARK, N.J., March 10, 2022 /PRNewswire/ -- Genie Energy, Ltd.

Genie Energy to Report Fourth Quarter and Full Year 2021 Results

NEWARK, N.J., Feb. 25, 2022 /PRNewswire/ -- Genie Energy Ltd.

Genie Energy Resumes Quarterly Dividend on Common Stock with Fourth Quarter Dividend of $0.075 per share

NEWARK, N.J., Feb. 9, 2022 /PRNewswire/ -- The board of directors of Genie Energy Ltd.

Genie Energy Expands Green Energy Supply Business in Scandinavia

NEWARK, N.J., Dec. 6, 2021 /PRNewswire/ -- Genie Energy Ltd.

Genie Energy Announces Third Quarter 2021 Results

NEWARK, N.J., Nov. 4, 2021 /PRNewswire/ -- Genie Energy, Ltd.

Genie Energy to Report Third Quarter 2021 Results

NEWARK, N.J., Oct. 28, 2021 /PRNewswire/ -- Genie Energy Ltd.

Genie Energy Suspends Plan to Spin-Off European Energy Supply Business

NEWARK, N.J., Oct. 14, 2021 /PRNewswire/ -- Genie Energy Ltd (NYSE: GNE, GNEPRA) announced today that it has suspended the planned public offering and spin-off of its European retail energy supply busin...

Genie Energy to Present at Sidoti Virtual Investor Conference

NEWARK, N.J., Sept. 21, 2021 /PRNewswire/ -- Genie Energy Ltd.

Diversegy Prepares to Launch Energy Broker Sales Platform

NEWARK, N.J., Sept. 9, 2021 /PRNewswire/ -- Diversegy, a growing commercial energy brokerage and advisory service and division of Genie Energy Ltd.

Genie Energy Announces Second Quarter 2021 Results

NEWARK, N.J., Aug. 5, 2021 /PRNewswire/ -- Genie Energy, Ltd.

Genie Energy to Report Second Quarter 2021 Results

NEWARK, N.J., July 28, 2021 /PRNewswire/ -- Genie Energy Ltd.

Genie Energy Ltd. Reports First Quarter 2021 Results

NEWARK, N.J., May 6, 2021 /PRNewswire/ -- Genie Energy Ltd.

Genie Energy to Report First Quarter 2021 Results

NEWARK, N.J., April 26, 2021 /PRNewswire/ -- Genie Energy Ltd.

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INTEGRA Biosciences Taps Genie Solar Energy For Rooftop Solar Installations

NEWARK, N.J., March 17, 2021 /PRNewswire/ --  Genie Solar Energy, a developer, designer and installer of commercial solar systems, has completed two rooftop solar installations in New Hampshire for INTE...

Genie Energy Ltd. Reports Fourth Quarter and Full Year 2020 Results

NEWARK, N.J., March 11, 2021 /PRNewswire/ -- Genie Energy Ltd.

Genie Energy to Report Fourth Quarter and Full Year 2020 Results

NEWARK, N.J., March 3, 2021 /PRNewswire/ -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a global provider of energy services, will announce financial and operational results for the fourth quarter and full ...

Genie Energy Comments on Impact of Texas Market Electricity Price Spikes

NEWARK, N.J., Feb. 22, 2021 /PRNewswire/ -- Genie Energy (NYSE: GNE, GNEPRA) today said that it continues to serve its 10,000 customers across Texas with no change in their rates under their current agr...

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