Genie Energy Ltd. (GNE)
Market Cap | 435.02M |
Revenue (ttm) | 428.71M |
Net Income (ttm) | 19.21M |
Shares Out | 27.36M |
EPS (ttm) | 0.74 |
PE Ratio | 21.49 |
Forward PE | n/a |
Dividend | $0.30 (1.89%) |
Ex-Dividend Date | Feb 16, 2024 |
Volume | 111,620 |
Open | 15.31 |
Previous Close | 15.37 |
Day's Range | 15.31 - 15.91 |
52-Week Range | 12.95 - 30.90 |
Beta | 0.18 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | May 6, 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]
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 StatementsNews
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...
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...
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 ...
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...
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...
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...
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...
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...
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 ...
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.
Genie Energy to Report Second Quarter 2023 Results
NEWARK, N.J. , July 26, 2023 /PRNewswire/ -- Genie Energy Ltd.
Genie Energy Announces Completion of Preferred Stock Redemption
NEWARK, N.J. , June 20, 2023 /PRNewswire/ -- Genie Energy Ltd.
Genie Energy to Present at Sidoti's June Small-Cap Virtual Investor Conference
NEWARK, N.J. , June 12, 2023 /PRNewswire/ -- Genie Energy Ltd.
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...
Genie Energy Announces Full Redemption of Its Preferred Stock
NEWARK, N.J. , May 16, 2023 /PRNewswire/ -- Genie Energy Ltd.
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.
Genie Energy to Report First Quarter 2023 Results
NEWARK, N.J. , April 27, 2023 /PRNewswire/ -- Genie Energy Ltd.
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/ -...
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 ...