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Genie Energy/$GNE

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About Genie Energy

Genie Energy Ltd, through its subsidiaries, operates as a retail energy provider. It serves two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management. It generates the majority of its revenue from the Genie retail energy segment.

Ticker

$GNE
Sector

Trading on

NYSE

Industry

Electric Utilities

Employees

198
Website

Genie Energy Metrics

BasicAdvanced
$432M
Market cap
130.05
P/E ratio
$0.12
EPS
0.09
Beta
$0.30
Dividend rate
1.89%
Dividend yield
$432M
0.09
$30.90
$14.00
50K
$0.30
2.563
2.13
1.748
1.855
113.17%
9.31%
1.99%
130.053
0.985
2.05
2.21
7.698
1.89%
1.89%
5.44%
-94.66%
8.49%
21.81%

Genie Energy Financial Performance

Income Statement

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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FAQs

What’s the current market cap for Genie Energy stock?

Genie Energy (GNE) has a market cap of $432M as of November 22, 2024.

What is the P/E ratio for Genie Energy stock?

The price to earnings (P/E) ratio for Genie Energy (GNE) stock is 130.05 as of November 22, 2024.

Does Genie Energy stock pay dividends?

Yes, the Genie Energy (GNE) stock pays dividends to shareholders. As of November 22, 2024, the dividend rate is $0.3 and the yield is 1.89%. Genie Energy has a payout ratio of 0% on a trailing twelve-month basis.

When is the next Genie Energy dividend payment date?

The next Genie Energy (GNE) dividend payment date is unconfirmed.

What is the beta indicator for Genie Energy?

Genie Energy (GNE) has a beta rating of 0.09. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.