Genie Energy Ltd. (GNE)

NYSE: GNE · IEX Real-Time Price · USD
15.31
-0.13 (-0.87%)
May 17, 2024, 4:00 PM EDT - Market closed
-0.87%
Market Cap 394.26M
Revenue (ttm) 443.12M
Net Income (ttm) 13.05M
Shares Out 25.79M
EPS (ttm) 0.46
PE Ratio 33.28
Forward PE n/a
Dividend $0.30 (1.96%)
Ex-Dividend Date May 17, 2024
Volume 38,992
Open 15.54
Previous Close 15.45
Day's Range 15.27 - 15.61
52-Week Range 12.95 - 30.90
Beta 0.18
Analysts n/a
Price Target n/a
Earnings Date May 8, 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]

Sector Utilities
CEO Michael M. Stein
Employees 198
Stock Exchange NYSE
Ticker Symbol GNE
Full Company Profile

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 Statements

News

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

10 days 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 ...

23 days 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...

2 months ago - GlobeNewsWire

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...

2 months 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 ...

2 months ago - GlobeNewsWire

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...

4 months 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...

4 months 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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

Genie Energy Announces Second Quarter 2023 Results

Record second quarter Revenue and Income from Operations Strong customer growth at Genie Retail Energy Increases 2023 Adjusted EBITDA1 guidance to $47 million to $55 million (versus prior guidance of ...

10 months ago - PRNewsWire

Genie Solar Achieves Notice to Proceed on Community Solar Generation Project in Lansing, NY

Genie is Advancing a Robust Pipeline of Community Solar Projects NEWARK, N.J. , July 31, 2023 /PRNewswire/ -- Genie Energy Ltd.

10 months ago - PRNewsWire

Genie Energy to Report Second Quarter 2023 Results

NEWARK, N.J. , July 26, 2023 /PRNewswire/ -- Genie Energy Ltd.

10 months ago - PRNewsWire

Genie Energy Announces Completion of Preferred Stock Redemption

NEWARK, N.J. , June 20, 2023 /PRNewswire/ -- Genie Energy Ltd.

11 months ago - PRNewsWire

Genie Energy to Present at Sidoti's June Small-Cap Virtual Investor Conference

NEWARK, N.J. , June 12, 2023 /PRNewswire/ -- Genie Energy Ltd.

1 year ago - PRNewsWire

Genie Energy to Present at LD Micro Invitational XIII

Presentation on Wednesday, June 7 at 11:30 AM PT Newark, New Jersey--(Newsfile Corp. - May 30, 2023) - Genie Energy (NYSE: GNE) announced today that it will be presenting at the 13th Annual LD Micro I...

1 year ago - Newsfile Corp

Genie Energy Announces Full Redemption of Its Preferred Stock

NEWARK, N.J. , May 16, 2023 /PRNewswire/ -- Genie Energy Ltd.

1 year ago - PRNewsWire

Genie Energy Announces First Quarter 2023 Results

Sequential quarterly meter and RCE growth of 27% and 34%, respectively NEWARK, N.J. , May 8, 2023 /PRNewswire/ -- Genie Energy, Ltd.

1 year ago - PRNewsWire

Genie Energy to Report First Quarter 2023 Results

NEWARK, N.J. , April 27, 2023 /PRNewswire/ -- Genie Energy Ltd.

1 year ago - PRNewsWire

Genie Energy Breaks Ground on Community Solar Project in Perry NY

4 MW Solar Array will Generate Clean Electricity Sufficient to Power Over 440 Homes Project Will Reduce Carbon Emissions by Over 3,500 Metric Tons Annually NEWARK, N.J. , April 18, 2023 /PRNewswire/ -...

1 year ago - PRNewsWire

Genie Energy Acquires Rights to New 6.25 Megawatt Community Solar Site in Upstate New York

Receives Favorable CESIR on Separate Community Solar Project Downstate NEWARK, N.J. , March 27, 2023 /PRNewswire/ -- Genie Renewables ("GREW"), a division of Genie Energy Ltd.

1 year ago - PRNewsWire

Genie Energy to Present at Sidoti March Small-Cap Virtual Investor Conference

NEWARK, N.J., March 14, 2023 /PRNewswire/ -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a global provider of energy services, today announced that Avi Goldin, Genie's chief financial officer, will presen...

1 year ago - PRNewsWire

Genie Energy Announces Fourth Quarter and Full-Year 2022 Results

NEWARK, N.J., March 13, 2023 /PRNewswire/ -- Genie Energy, Ltd. (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, today announced results for its fourth quarter and...

1 year ago - PRNewsWire

Genie Energy to Report Fourth Quarter and Full Year 2022 Results

NEWARK, N.J., March 1, 2023 /PRNewswire/ -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for...

1 year ago - PRNewsWire

Genie Energy to Present to Present at The Third Annual Winter Wonderland - Best Ideas Investor Conference

NEWARK, NJ / ACCESSWIRE / February 15, 2023 / Genie Energy Ltd., (NYSE:GNE)(NYSE:GNEPRA), a global provider of energy services, today announced that Avi Goldin, Genie's chief financial officer, will p...

1 year ago - Accesswire