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GNE

GNE - Genie Energy Ltd Stock Price, Fair Value and News

15.32USD-0.20 (-1.29%)Delayed

Market Summary

GNE
USD15.32-0.20
Delayed
-1.29%

GNE Alerts

  • Big fall in earnings (Y/Y)

GNE Stock Price

View Fullscreen

GNE RSI Chart

GNE Valuation

Market Cap

410.4M

Price/Earnings (Trailing)

30.76

Price/Sales (Trailing)

0.93

EV/EBITDA

16.83

Price/Free Cashflow

7.09

GNE Price/Sales (Trailing)

GNE Profitability

Operating Margin

33.11%

EBT Margin

3.17%

Return on Equity

7.44%

Return on Assets

4.06%

Free Cashflow Yield

14.1%

GNE Fundamentals

GNE Revenue

Revenue (TTM)

443.1M

Rev. Growth (Yr)

13.69%

Rev. Growth (Qtr)

14.07%

GNE Earnings

Earnings (TTM)

13.3M

Earnings Growth (Yr)

-43.56%

Earnings Growth (Qtr)

133.05%

Breaking Down GNE Revenue

Last 7 days

1.0%

Last 30 days

-0.1%

Last 90 days

-16.3%

Trailing 12 Months

1.3%

How does GNE drawdown profile look like?

GNE Financial Health

Current Ratio

2.26

GNE Investor Care

Dividend Yield

1.96%

Dividend/Share (TTM)

0.3

Shares Dilution (1Y)

5.78%

Diluted EPS (TTM)

0.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024443.1M000
2023334.9M361.4M405.2M428.7M
2022310.4M301.0M294.6M315.5M
2021360.4M360.7M352.0M332.0M
2020332.7M347.8M358.4M356.9M
2019277.7M282.2M296.1M315.3M
2018282.1M288.3M290.6M280.3M
2017224.6M230.3M242.6M264.2M
2016195.3M200.3M204.5M212.1M
2015219.1M209.8M216.6M210.9M
2014324.2M317.9M292.4M275.0M
2013257.3M269.6M277.5M279.2M
2012199.1M189.7M207.7M229.5M
2011181.6M177.0M196.0M197.3M
201000195.4M190.8M
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Tracking the Latest Insider Buys and Sells of Genie Energy Ltd

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 08, 2024
jonas howard s
acquired
-
-
196,791
-
Apr 05, 2024
jonas howard s
sold
-
-
-876,911
-
Apr 05, 2024
jonas howard s
acquired
-
-
876,911
-
Feb 10, 2024
jonas howard s
sold (taxes)
-187,073
18.605
-10,055
-
Feb 10, 2024
stein michael m
sold (taxes)
-201,790
18.605
-10,846
chief executive officer
Feb 10, 2024
goldin avi
sold (taxes)
-117,881
18.605
-6,336
cfo
Feb 10, 2024
jonas howard s
gifted
-
-
-2,757
-
Feb 09, 2024
jonas howard s
acquired
1,015,720
8.05
126,176
-
Feb 09, 2024
jonas howard s
sold (taxes)
-1,445,920
18.89
-76,544
-
Jan 24, 2024
jonas howard s
acquired
-
-
876,911
-

1–10 of 50

Which funds bought or sold GNE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
COMERICA BANK
unchanged
-
-3,562
4,117
-%
May 16, 2024
JANE STREET GROUP, LLC
added
208
340,823
860,074
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.55
-285,553
292,884
-%
May 15, 2024
CITADEL ADVISORS LLC
reduced
-90.62
-1,526,160
80,799
-%
May 15, 2024
Voya Investment Management LLC
sold off
-100
-237,192
-
-%
May 15, 2024
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
new
-
1,877,480
1,877,480
-%
May 15, 2024
Squarepoint Ops LLC
new
-
449,942
449,942
-%
May 15, 2024
Cubist Systematic Strategies, LLC
added
52.03
-65,110
286,881
-%
May 15, 2024
Walleye Capital LLC
added
271
314,547
631,460
-%
May 15, 2024
BARCLAYS PLC
reduced
-43.28
-614,000
267,000
-%

1–10 of 46

Are Funds Buying or Selling GNE?

Are funds buying GNE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own GNE
No. of Funds

Unveiling Genie Energy Ltd's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jan 29, 2024
blackrock inc.
6.0%
1,537,865
SC 13G
Nov 17, 2023
jonas howard s
16.6%
4,569,079
SC 13D/A
Jul 17, 2023
jonas howard s
12.5%
3,246,667
SC 13D/A
Feb 28, 2023
jonas howard s
14.9%
3,683,869
SC 13D/A
Feb 09, 2022
vanguard group inc
4.07%
1,001,787
SC 13G/A
Feb 10, 2021
vanguard group inc
5.69%
1,402,304
SC 13G
Feb 07, 2020
ilex partners llc
3.63%
916,271
SC 13G/A

Recent SEC filings of Genie Energy Ltd

View All Filings
Date Filed Form Type Document
May 16, 2024
4
Insider Trading
May 09, 2024
8-K
Current Report
May 09, 2024
10-Q
Quarterly Report
May 08, 2024
8-K
Current Report
Apr 09, 2024
4
Insider Trading
Apr 01, 2024
DEF 14A
DEF 14A
Mar 14, 2024
10-K
Annual Report
Mar 13, 2024
8-K
Current Report
Mar 11, 2024
8-K
Current Report
Feb 13, 2024
4
Insider Trading

Peers (Alternatives to Genie Energy Ltd)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.5T
698.2M
12.47% -9.52%
26.0K
3.6K
3.29% 8.78%
48.9B
19.3B
14.08% 6.97%
17.34
2.53
-2.13% 41.75%
26.1B
4.3B
15.91% -5.62%
27.17
6.05
10.78% 15.26%
19.9B
7.3B
3.93% -10.32%
17.28
2.75
-10.88% 5.77%
17.9B
4.1B
3.59% 2.86%
17.91
4.41
-11.13% 20.48%
17.2B
28.5B
12.08% 145.94%
10.44
0.6
-9.05% 188.86%
15.1B
12.5B
31.78% 2.75%
-2.3K
1.21
-3.77% 98.49%
13.9B
8.3B
-0.61% -7.27%
15.54
1.68
0.05% 30.98%
MID-CAP
8.9B
4.7B
9.02% 0.32%
16.53
1.89
4.84% 12.15%
3.6B
1.7B
8.54% 2.16%
15.12
2.11
-1.93% 32.23%
3.0B
1.9B
13.79% -9.74%
15.98
1.6
9.47% 35.66%
SMALL-CAP
449.2M
187.0M
18.84% 49.37%
13.94
2.4
74.12% 297.37%
211.5M
3.0M
45.12% -34.59%
-7.66
71.39
94.10% 6.65%
35.4M
415.8M
1.48% -12.04%
1.49
0.09
-11.16% 525.10%
8.7M
867.4K
-11.11% -35.00%
-9.31
9.96
-88.45% 77.17%

Genie Energy Ltd News

Latest updates
Defense World • 15 May 2024 • 07:22 am
Yahoo Finance • 09 May 2024 • 07:00 am
Simply Wall St • 22 Mar 2024 • 07:00 am

Genie Energy Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue14.1%12010512593.0010581.0081.0067.0086.0060.0088.0076.0010780.0096.0076.0010482.0086.0061.0087.00
Cost Of Revenue20.5%86.0071.0084.0055.0072.0047.0038.0037.0039.0037.0053.0055.0095.0061.0069.0057.0075.0060.0059.0052.0061.00
Gross Profit0.5%34.0034.0041.0038.0033.0035.0043.0030.0047.0023.0035.0021.0013.0019.0027.0019.0029.0022.0026.009.0026.00
  S&GA Expenses0.8%23.0023.0023.0023.0022.0017.0020.0018.0020.0017.0017.0017.0018.0017.0019.0016.0019.0019.0019.0018.0016.00
  R&D Expenses------------------0.000.000.000.00
EBITDA Margin-23.5%0.03*0.04*0.17*0.20*0.20*0.25*0.21*0.17*0.16*0.07*0.08*0.07*0.04*0.07*0.06*0.06*0.03*0.03*---
Interest Expenses36.2%0.000.000.000.000.00-0.010.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Income Taxes133.5%3.00-8.715.004.004.004.006.003.007.000.003.003.001.002.002.001.003.001.002.00-1.683.00
Earnings Before Taxes134.6%11.00-32.8520.0016.0015.0017.0024.0011.0026.000.0012.0012.00-1.053.009.001.009.000.007.00-10.189.00
EBT Margin-24.9%0.03*0.04*0.17*0.20*0.20*0.25*0.21*0.16*0.16*0.07*0.07*0.06*0.03*0.06*0.05*0.05*0.02*0.02*---
Net Income133.0%8.00-24.5814.0015.0014.0016.0019.0037.0017.0029.00-2.295.00-2.69-1.127.001.006.001.005.00-8.506.00
Net Income Margin-34.2%0.03*0.05*0.15*0.18*0.26*0.28*0.34*0.27*0.16*0.09*0.00*0.02*0.01*0.04*0.04*0.04*0.01*0.01*---
Free Cashflow-8.00-31.009.0011.0027.0025.009.0018.0068.006.004.00-9.97-0.9410.0016.00-2.72-0.2012.00--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.7%328331316286293278260239220229194185191187149157156150148154147
  Current Assets-0.9%22823027024324722821520118720015213714013411512111310496.0010298.00
    Cash Equivalents50.6%16210814011110599.0087.0064.0093.0094.0037.0036.0031.0032.0020.0036.0039.0045.0033.0044.0044.00
  Inventory26.5%18.0015.0015.0018.0019.0016.0019.0016.0019.0018.0024.0016.0019.0017.0013.0018.0017.0010.0011.0010.0010.00
  Net PPE6.2%16.0015.006.001.001.001.00-0.000.000.000.000.000.000.000.000.004.004.004.004.004.00
  Goodwill0%10.0010.0010.0010.0010.0010.0010.0012.0012.0010.0026.0026.0026.0010.0012.0012.0012.0013.0013.0013.0011.00
Liabilities1.9%14914610890.0010710498.0086.0094.0011911199.0010810162.0072.0075.0062.0059.0056.0054.00
  Current Liabilities2.4%10198.0010687.0010599.0086.0075.0091.0011610895.0010497.0060.0070.0072.0057.0053.0051.0051.00
Shareholder's Equity-9.0%17919722119618618716215312611183.0087.0083.0086.0086.0085.0081.0088.0089.0098.0093.00
  Retained Earnings10.0%66.0060.0087.0074.0061.0049.0035.0018.00-13.53-29.11-56.67-54.02-59.01-56.66-52.69-56.18-59.67-57.62-60.46-50.56-53.94
  Additional Paid-In Capital0.9%158156155154147147146145144143142142141141141140140140139138137
Shares Outstanding4.8%27.0026.0026.0026.0025.0026.0026.0026.0026.0026.00-26.0026.0026.0026.0026.00-----
Minority Interest-5.6%-13.44-12.73-13.59-13.32-13.51-13.47-13.36-10.55-13.69-12.50-11.65-12.46-12.49-12.02-14.99-13.16-13.87-12.08-11.36-10.23-11.01
Float----307---197---0.00---------
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-16.6%8,71810,45631,7829,00611,23427,58625,5479,21118,34068,2965,9584,081-9,953-91910,39616,359-2,717-18512,065-3,1467,018
  Share Based Compensation41.6%7495296067498997367017308141,224449559589-197447401483-4.00334324448
Cashflow From Investing-149.5%-5,84411,8113,3922,599-4,162-1,5373,890-28,215-23,46031.00-8274,490-1,007-1,16419.00-1,877-5.00-2,777-920156-2,232
Cashflow From Financing-192.6%-7,730-2,642-2,918-6,324-3,273-10,806-3,563-8,779-2,375-481-2,019-2,805-370-3,698-2,929-9,100533-3,781-5,710-1,647-4,485
  Dividend Payments-100.0%-2,0552,0552,6552,1082,2642,2252,3652,3043693713703702,5992,5884,5853702,375--2,377
  Buy Backs-4,101---------1,412--70.0088.001,45888.002,1693,4158.0020.00
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GNE Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Total revenues$ 119,688$ 105,276
Cost of revenues85,90271,990
Gross profit33,78633,286
Operating expenses:  
Selling, general and administrative (i)22,90122,011
Provision for captive insurance liability1,036
Income from operations9,84911,275
Interest income1,340974
Interest expense(32)(19)
Gain (loss) on marketable equity securities and investments117(71)
Other income, net803,246
Income before income taxes11,35415,405
Provision for income taxes(2,920)(4,068)
Net income from continuing operations8,43411,337
(Loss) income from discontinued operations, net of taxes(265)3,055
Net income8,16914,392
Net income (loss) attributable to noncontrolling interests, net46(39)
Net income attributable to Genie Energy Ltd.8,12314,431
Dividends on preferred stock(157)
Net income attributable to Genie Energy Ltd. common stockholders8,12314,274
Net income (loss) attributable to Genie Energy Ltd. common stockholders  
Continuing operations8,38811,218
Discontinued operations(265)3,056
Net income attributable to Genie Energy Ltd. common stockholders$ 8,123$ 14,274
Basic:  
Continuing operations$ 0.31$ 0.44
Discontinued operations(0.01)0.12
Earnings per share attributable to Genie Energy Ltd. common stockholders0.30.56
Diluted  
Continuing operations0.310.42
Discontinued operations(0.01)0.12
Earnings per share attributable to Genie Energy Ltd. common stockholders$ 0.3$ 0.54
Weighted-average number of shares used in calculation of earnings per share:  
Basic26,79025,326
Diluted27,29826,620
Dividends declared per common share$ 0.075$ 0.075
Electricity [Member]  
Revenues:  
Total revenues$ 89,396$ 74,487
Natural gas [Member]  
Revenues:  
Total revenues22,39826,925
Other [Member]  
Revenues:  
Total revenues$ 7,894$ 3,864

GNE Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 106,560$ 107,609
Restricted cash—short-term9,91810,442
Marketable equity securities372396
Trade accounts receivable, net of allowance for doubtful accounts of $7,020 and $6,574 at March 31, 2024 and December 31, 2023, respectively60,08761,909
Inventory18,46014,598
Prepaid expenses15,04916,222
Other current assets6,0855,475
Current assets of discontinued operations11,29213,182
Total current assets227,823229,833
Restricted cash—long-term45,54144,945
Property and equipment, net16,13915,192
Goodwill9,9989,998
Other intangibles, net2,6432,735
Deferred income tax assets, net5,2005,200
Other assets16,42715,247
Noncurrent assets of discontinued operations4,5337,405
Total assets328,304330,555
Current liabilities:  
Trade accounts payable22,40727,881
Accrued expenses53,82149,389
Income taxes payable9,6146,699
Current liabilities of discontinued operations8,5164,858
Total current liabilities100,58598,252
Noncurrent captive insurance liability45,54144,945
Other liabilities2,0822,212
Noncurrent liabilities of discontinued operations681638
Total liabilities148,889146,047
Commitments and contingencies
Genie Energy Ltd. stockholders’ equity:  
Preferred stock, $0.01 par value; authorized shares—10,000: Series 2012-A, designated shares—8,750; at liquidation preference, consisting of 0 shares issued and outstanding at March 31, 2024 and December 31, 2023
Additional paid-in capital157,549156,101
Treasury stock, at cost, consisting of 3,300 and 2,944 shares of Class B common stock at March 31, 2024 and December 31, 2023(29,285)(22,661)
Accumulated other comprehensive income(1,911)3,299
Retained earnings66,19860,196
Total Genie Energy Ltd. stockholders’ equity192,856197,239
Noncontrolling interests(13,441)(12,731)
Total equity179,415184,508
Total liabilities and equity328,304330,555
Related Party [Member]  
Current liabilities:  
Other current liabilities120145
Nonrelated Party [Member]  
Current liabilities:  
Other current liabilities6,1079,280
Class A Common Stock  
Genie Energy Ltd. stockholders’ equity:  
Common stock value1616
Class B Common Stock  
Genie Energy Ltd. stockholders’ equity:  
Common stock value$ 289$ 288
GNE
Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States and internationally. It operates in two segments, Genie Retail Energy 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 advisory and brokerage services; and manufactures and distributes solar panel, as well as engages in solar installation design and project management activities. Genie Energy Ltd. was incorporated in 2011 and is headquartered in Newark, New Jersey.
 WEBSITEgenie.com
 INDUSTRYUtilities Regulated Electric
 EMPLOYEES172

Genie Energy Ltd Frequently Asked Questions


What is the ticker symbol for Genie Energy Ltd? What does GNE stand for in stocks?

GNE is the stock ticker symbol of Genie Energy Ltd. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Genie Energy Ltd (GNE)?

As of Fri May 17 2024, market cap of Genie Energy Ltd is 410.42 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GNE stock?

You can check GNE's fair value in chart for subscribers.

What is the fair value of GNE stock?

You can check GNE's fair value in chart for subscribers. The fair value of Genie Energy Ltd is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Genie Energy Ltd is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GNE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Genie Energy Ltd a good stock to buy?

The fair value guage provides a quick view whether GNE is over valued or under valued. Whether Genie Energy Ltd is cheap or expensive depends on the assumptions which impact Genie Energy Ltd's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GNE.

What is Genie Energy Ltd's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, GNE's PE ratio (Price to Earnings) is 30.76 and Price to Sales (PS) ratio is 0.93. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GNE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Genie Energy Ltd's stock?

In the past 10 years, Genie Energy Ltd has provided 0.111 (multiply by 100 for percentage) rate of return.