Genie Energy Ltd. (GNE)

NYSE: GNE · IEX Real-Time Price · USD
13.40
+0.20 (1.52%)
Mar 29, 2023, 4:00 PM EDT - Market closed
1.52%
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]

Sector Utilities
CEO Mr. Michael M. Stein
Employees 186
Stock Exchange NYSE
Ticker Symbol GNE
Full Company Profile

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 Statements

News

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.

2 days ago - PRNewsWire

Don't Overlook This Reliable, Dividend-Paying Sector

What happens when markets go into panic mode? Investors turn to asset classes or sectors they believe are likely to either pay a dividend or that have a low correlation to equity markets.

Other symbols: AEPDUKNEESOVIAXEL
2 weeks ago - MarketBeat

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...

2 weeks 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...

2 weeks 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 month 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 month ago - Accesswire

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.

4 months ago - PRNewsWire

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 ...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

Other symbols: CIGDDUKOTTRSREYORW
4 months ago - InvestorPlace

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...

5 months ago - PRNewsWire

Genie Energy Announces Accelerated Redemption of Preferred Stock

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

5 months ago - PRNewsWire

Genie Energy to Report Third Quarter 2022 Results

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

5 months ago - PRNewsWire

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...

5 months ago - Newsfile Corp

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...

6 months ago - PRNewsWire

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

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

6 months ago - PRNewsWire

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 ...

8 months ago - PRNewsWire

Genie Energy to Report Second Quarter 2022 Results

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

8 months ago - PRNewsWire

Genie Energy to Present at East Coast IDEAS Investor Conference

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

10 months ago - PRNewsWire

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

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

11 months ago - PRNewsWire

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...

11 months ago - PRNewsWire

Genie Energy to Present at Sidoti May Virtual MicroCap Conference

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

11 months ago - PRNewsWire

Genie Energy to Report First Quarter 2022 Results

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

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

Genie Energy Announces Fourth Quarter and Full-Year 2021 Results

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

1 year ago - PRNewsWire