Genie Energy/GNE

$15.19

-0.33%
-
1D1W1MYTD1YMAX

About Genie Energy

Genie Energy Ltd. is a retail energy and renewable energy solutions provider. The Company has two segments: Genie Retail Energy (GRE) and Genie Renewables. GRE segment supplies electricity and natural gas to residential and small business customers through retail energy providers (REPs) operating in certain deregulated markets within the United States. GRE owns and operates REPs, including IDT Energy, Inc., Residents Energy, LLC, Town Square Energy, LLC and others. The Genie Renewables division is a vertically integrated provider of commercial, community, and utility-scale solar energy solutions. The segment includes three lines of businesses: Genie Solar, which is an integrated solar energy company that develops, constructs and operates solar energy projects for commercial and industrial (C&I) customers, as well as its own portfolio; CityCom Solar, which markets community solar energy solutions, and Diversegy LLC, which provides energy brokerage and advisory services to C&I customers.

Ticker

GNE

Sector

Utilities

Trading on

NYSE

Industry

Electric Utilities

CEO

Michael Stein

Employees

192

Headquarters

Newark, United States
Website
genie.com

Genie Energy Metrics

BasicAdvanced
$419.7M
Market cap
22.69
P/E ratio
$0.68
EPS
0.18
Beta
$0.15
Dividend rate
1.96%
Dividend yield
$419.7M
0.17948
$30.90
$12.95
161.53K
$0.15
2.339
2.191
62.52%
4.56%
6.81%
6.35%
22.692
0.979
2.132
2.275
9.415
2.21%
0.98%
1.96%
35.87%
-79.5%
6.3%
6.42%
-23.11%

Genie Energy Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-23.35% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$104.9M
-16.08%
Net income
$-24.5M
-270.14%
Profit margin
-23.35%
-302.69%
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. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

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

Genie Energy (GNE) has a market cap of $419.7M as of April 16, 2024.

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

The price to earnings (P/E) ratio for Genie Energy (GNE) stock is 22.69 as of April 16, 2024.

Does Genie Energy stock pay dividends?

Yes, the Genie Energy (GNE) stock pays dividends to shareholders. As of April 16, 2024, the dividend rate is $0.15 and the yield is 1.96%. Genie Energy has a payout ratio of 62.52% 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 0.18. 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.

What is the Genie Energy stock price target?

The target price for Genie Energy (GNE) stock is $, which is 100% below the current price of $15.19. This is an average based on projections from analyst, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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