Genie Energy Ltd. (GNE)
Market Cap | 348.58M |
Revenue (ttm) | 315.54M |
Net Income (ttm) | 85.87M |
Shares Out | 26.01M |
EPS (ttm) | 3.26 |
PE Ratio | 4.11 |
Forward PE | n/a |
Dividend | $0.30 (2.24%) |
Ex-Dividend Date | Feb 17, 2023 |
Volume | 138,717 |
Open | 13.36 |
Previous Close | 13.20 |
Day's Range | 13.30 - 13.93 |
52-Week Range | 6.10 - 13.93 |
Beta | 0.38 |
Analysts | Sell |
Price Target | n/a |
Earnings Date | May 8, 2023 |
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]
Financial Performance
In 2022, Genie Energy's revenue was $315.54 million, a decrease of -2.39% compared to the previous year's $323.27 million. Earnings were $85.87 million, an increase of 211.83%.
Financial StatementsNews

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.

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...

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...

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...

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...

Genie Solar Achieves Notice to Proceed with Construction of Its First Company-Owned, Community Solar Generation Project
Notice to proceed expected for a second project in early 2023 NEWARK, N.J. , Dec. 6, 2022 /PRNewswire/ -- Genie Energy Ltd.

Genie Energy to Present at Sidoti December Small-Cap Virtual Investor Conference
NEWARK, N.J., Dec. 1, 2022 /PRNewswire/ -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a global provider of energy services, today announced that Avi Goldin, Genie's chief financial officer, will present ...

Genie Energy Acquires Retail Customer Portfolio Spread Across Seven States
Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, announced today that it has acquired a portfolio of residential and small commercial customer c...

7 Utility Stocks to Buy Heading Into December 2022
With macroeconomic pressures weighing heavily on market sentiment, investors should play it (relatively) safe with utility stocks to buy. Fundamentally, these energy and resource service providers rep...

Genie Energy Announces Third Quarter Results
Reports record third-quarter gross profit, net income and Adjusted EBITDA1 Acquired site rights to build up to 64MW (megawatts) of solar projects NEWARK, N.J. , Nov. 7, 2022 /PRNewswire/ -- Genie Ener...

Genie Energy Announces Accelerated Redemption of Preferred Stock
NEWARK, N.J. , Oct. 27, 2022 /PRNewswire/ -- Genie Energy Ltd.

Genie Energy to Report Third Quarter 2022 Results
NEWARK, N.J. , Oct. 27, 2022 /PRNewswire/ -- Genie Energy Ltd.

Genie Energy to Present at LD Micro Main Event XV
Los Angeles, California--(Newsfile Corp. - October 20, 2022) - Genie Energy Ltd., (NYSE: GNE) (NYSE: GNEPRA), a provider of energy services, today announced that Avi Goldin, Genie's chief financial of...

Genie Energy Obtains Site Rights to Solar Development Projects Totaling 64 Megawatts
Recently acquired the site rights for a planned 30 megawatts (MW) utility-scale solar generation project in Pennsylvania Holds site exclusivity on seven projects totaling 34 MW of community solar gene...

Genie Energy to Present at Sidoti September Small-Cap Virtual Investor Conference
NEWARK, N.J. , Sept. 15, 2022 /PRNewswire/ -- Genie Energy Ltd.

Genie Energy Announces Second Quarter Results
Reports record second-quarter gross profit, net income and Adjusted EBITDA1 Repurchased 639,000 shares of Class B Common Stock and $2 million of Preferred Stock Announced formation of Sunlight Energy ...

Genie Energy to Report Second Quarter 2022 Results
NEWARK, N.J. , July 25, 2022 /PRNewswire/ -- Genie Energy Ltd.

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 S...

Genie Energy Announces Fourth Quarter and Full-Year 2021 Results
NEWARK, N.J., March 10, 2022 /PRNewswire/ -- Genie Energy, Ltd.