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GNE

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

14.94USD+0.02 (+0.13%)Delayed as of 28 Mar 2024, 10:56 am ET

Market Summary

GNE
USD14.94+0.02
Delayedas of 28 Mar 2024, 10:56 am
0.13%

GNE Alerts

  • Big jump in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

GNE Stock Price

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GNE RSI Chart

GNE Valuation

Market Cap

380.6M

Price/Earnings (Trailing)

19.41

Price/Sales (Trailing)

0.89

EV/EBITDA

11.52

Price/Free Cashflow

6.28

GNE Price/Sales (Trailing)

GNE Profitability

Operating Margin

34.10%

EBT Margin

4.22%

Return on Equity

10.63%

Return on Assets

5.93%

Free Cashflow Yield

15.92%

GNE Fundamentals

GNE Revenue

Revenue (TTM)

428.7M

Rev. Growth (Yr)

28.91%

Rev. Growth (Qtr)

-16.1%

GNE Earnings

Earnings (TTM)

19.6M

Earnings Growth (Yr)

-255.58%

Earnings Growth (Qtr)

-270%

Breaking Down GNE Revenue

52 Week Range

12.9516.86
(Low)(High)

Last 7 days

-8.1%

Last 30 days

-17.8%

Last 90 days

-49.0%

Trailing 12 Months

40.3%

How does GNE drawdown profile look like?

GNE Financial Health

Current Ratio

2.34

GNE Investor Care

Dividend Yield

2.01%

Dividend/Share (TTM)

0.3

Buy Backs (1Y)

0.32%

Diluted EPS (TTM)

0.72

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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

Tracking the Latest Insider Buys and Sells of Genie Energy Ltd

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
jonas howard s
gifted
-
-
-2,757
-
Feb 10, 2024
goldin avi
sold (taxes)
-117,881
18.605
-6,336
cfo
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
sold
-
-
-876,911
-
Jan 24, 2024
jonas howard s
acquired
-
-
876,911
-
Jan 05, 2024
perry william wesley
acquired
134,408
28.905
4,650
-
Jan 05, 2024
jonas howard s
sold (taxes)
-456,468
28.905
-15,792
-

1–10 of 50

Which funds bought or sold GNE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
new
-
56.00
56.00
-%
Mar 11, 2024
VANGUARD GROUP INC
added
3.34
17,064,100
34,594,400
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
431
3,516,470
3,901,130
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.41
131,093
276,434
-%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
unchanged
-
4,020
8,439
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
reduced
-38.43
52,000
348,000
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
reduced
-45.15
20,000
445,000
0.04%
Feb 16, 2024
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
sold off
-100
-1,003,940
-
-%
Feb 15, 2024
BARCLAYS PLC
added
696
823,000
881,000
-%
Feb 15, 2024
State of Wyoming
reduced
-21.85
110,273
334,213
0.06%

1–10 of 45

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
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
Feb 13, 2024
4
Insider Trading
Feb 13, 2024
4
Insider Trading
Feb 08, 2024
8-K
Current Report
Jan 29, 2024
SC 13G
Major Ownership Report
Jan 26, 2024
4
Insider Trading
Jan 26, 2024
8-K
Current Report

What is the Fair Value of GNE?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Cheap
or
Expensive?


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Genie Energy Ltd)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
44.0B
19.0B
1.97% -8.54%
19.89
2.32
-3.35% -4.03%
23.7B
4.2B
-4.13% -12.35%
25.06
5.59
11.66% 15.12%
19.5B
7.5B
3.12% -15.69%
16.84
2.6
-5.74% 7.23%
17.8B
3.9B
2.30% 1.64%
19.28
4.52
-15.47% 16.09%
14.0B
8.3B
13.22% -9.46%
17.81
1.69
4.87% -10.78%
13.9B
28.8B
29.42% 102.12%
-68.6
0.48
-8.62% -116.54%
12.3B
12.7B
-3.16% -26.39%
63.48
0.97
0.40% 149.74%
2.4B
670.6M
-0.14% -16.44%
27.12
3.53
-1.48% -2.88%
MID-CAP
8.4B
4.7B
7.49% -4.09%
16.19
1.79
8.59% 3.59%
3.4B
1.9B
-0.12% -3.28%
13.7
1.8
19.68% 30.53%
2.7B
1.7B
0.30% -15.82%
15.84
1.56
2.36% 10.31%
SMALL-CAP
453.4M
180.2M
-5.11% 86.08%
15.25
2.52
91.50% 388.02%
173.4M
1.9M
-9.34% -40.39%
-5.5
90.36
79.73% -32.29%
34.9M
436.8M
1.39% -57.72%
2.33
0.08
-5.23% 97.61%
9.0M
867.4K
-30.30% -23.17%
-2.33
11.75
-88.45% 73.79%

Genie Energy Ltd News

Latest updates
InvestorsObserver • 22 Mar 2024 • 06:22 pm
Simply Wall St • 22 Mar 2024 • 10:19 am
Simply Wall St • 13 Mar 2024 • 11:06 am
InvestorsObserver • 11 Mar 2024 • 02:37 pm
Markets Insider • 11 Mar 2024 • 07:00 am
Defense World • 07 Mar 2024 • 10:59 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-16.1%10512593.0010581.0081.0067.0086.0060.0088.0076.0010780.0096.0076.0010482.0086.0061.0087.0063.00
Cost Of Revenue-15.1%71.0084.0055.0072.0047.0038.0037.0039.0037.0053.0055.0095.0061.0069.0057.0075.0060.0059.0052.0061.0048.00
Gross Profit-18.1%34.0041.0038.0033.0035.0043.0030.0047.0023.0035.0021.0013.0019.0027.0019.0029.0022.0026.009.0026.0015.00
  S&GA Expenses-2.0%23.0023.0023.0022.0017.0020.0018.0020.0017.0017.0017.0018.0017.0019.0016.0019.0019.0019.0018.0016.0015.00
  R&D Expenses-----------------0.000.000.000.00-
EBITDA Margin-74.0%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 Expenses-13.0%0.000.000.000.00-0.010.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Income Taxes-273.6%-8.715.004.004.004.006.003.007.000.003.003.001.002.002.001.003.001.002.00-1.683.00-14.11
Earnings Before Taxes-268.3%-32.8520.0016.0015.0017.0024.0011.0026.000.0012.0012.00-1.053.009.001.009.000.007.00-10.189.00-1.74
EBT Margin-74.7%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 Income-270.0%-24.5814.0015.0014.0016.0019.0037.0017.0029.00-2.295.00-2.69-1.127.001.006.001.005.00-8.506.0013.00
Net Income Margin-69.1%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-67.8%10.0031.009.0011.0027.0025.009.0018.0068.006.004.00-9.97-0.9410.0016.00-2.72-0.20----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets4.7%331316286293278260239220229194185191187149157156150148154147131
  Current Assets-15.0%23027024324722821520118720015213714013411512111310496.0010298.00101
    Cash Equivalents18.3%16514011110599.0087.0064.0093.0094.0037.0036.0031.0032.0020.0036.0039.0045.0033.0044.0044.0047.00
  Inventory-4.6%15.0015.0018.0019.0016.0019.0016.0019.0018.0024.0016.0019.0017.0013.0018.0017.0010.0011.0010.0010.008.00
  Net PPE148.6%15.006.001.001.001.00-0.000.000.000.000.000.000.000.000.004.004.004.004.004.001.00
  Goodwill0%10.0010.0010.0010.0010.0010.0012.0012.0010.0026.0026.0026.0010.0012.0012.0012.0013.0013.0013.0011.0010.00
Liabilities34.8%14610890.0010710498.0086.0094.0011911199.0010810162.0072.0075.0062.0059.0056.0054.0053.00
  Current Liabilities-7.1%98.0010687.0010599.0086.0075.0091.0011610895.0010497.0060.0070.0072.0057.0053.0051.0051.0049.00
Shareholder's Equity-16.5%18522119618618716215312611183.0087.0083.0086.0086.0085.0081.0088.0089.0098.0093.0079.00
  Retained Earnings-30.6%60.0087.0074.0061.0049.0035.0018.00-13.53-29.11-56.67-54.02-59.01-56.66-52.69-56.18-59.67-57.62-60.46-50.56-53.94-64.19
  Additional Paid-In Capital0.7%156155154147147146145144143142142141141141140140140139138137136
Shares Outstanding-100.0%-26.0026.0025.0026.0026.0026.0026.0026.00-26.0026.0026.0026.0026.00------
Minority Interest6.3%-12.73-13.59-13.32-13.51-13.47-13.36-10.55-13.69-12.50-11.65-12.46-12.49-12.02-14.99-13.16-13.87-12.08-11.36-10.23-11.01-13.59
Float-------197---0.00----------
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-67.1%10,45631,7829,00611,23427,58625,5479,21118,34068,2965,9584,081-9,953-91910,39616,359-2,717-18512,065-3,1467,018-865
  Share Based Compensation-12.7%5296067498997367017308141,224449559589-197447401483-4.00334324448837
Cashflow From Investing248.2%11,8113,3922,599-4,162-1,5373,890-28,215-23,46031.00-8274,490-1,007-1,16419.00-1,877-5.00-2,777-920156-2,232332
Cashflow From Financing9.5%-2,642-2,918-6,324-3,273-10,806-3,563-8,779-2,375-481-2,019-2,805-370-3,698-2,929-9,100533-3,781-5,710-1,647-4,485-2,502
  Dividend Payments-100.0%-2,0552,6552,1082,2642,2252,3652,3043693713703702,5992,5884,5853702,375--2,377-
  Buy Backs----------1,412--70.0088.001,45888.002,1693,4158.0020.00106

GNE Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
REVENUES:  
Total revenues$ 428,708$ 315,539
Cost of revenues282,502160,757
GROSS PROFIT146,206154,782
OPERATING EXPENSES AND LOSSES:  
Selling, general and administrative91,10974,962
Provision for captive insurance liability45,088
Impairment of assets2,066
Income from operations10,00977,754
Interest income5,076835
Interest expense(99)(129)
Unrealized income (loss) on marketable equity securities and other investments478(417)
Other income (loss), net2,644(520)
Income before income taxes18,10877,523
Provision for income taxes(4,239)(21,037)
NET INCOME FROM CONTINUING OPERATIONS13,86956,486
Income from discontinued operations, net of tax6,40930,445
NET INCOME20,27886,931
Net (income) loss attributable to noncontrolling interests, net(740)874
NET INCOME ATTRIBUTABLE TO GENIE ENERGY LTD.19,53887,805
Dividends on preferred stock(333)(1,939)
NET INCOME ATTRIBUTABLE TO GENIE ENERGY LTD. COMMON STOCKHOLDERS19,20585,866
Amounts attributable to Genie Energy Ltd. common stockholders  
Income from continuing operation12,79559,956
Income from discontinued operations6,41025,910
NET INCOME ATTRIBUTABLE TO GENIE ENERGY LTD. COMMON STOCKHOLDERS$ 19,205$ 85,866
Basic  
Income from continuing operations$ 0.5$ 2.34
Income from discontinued operations0.251.01
Net income attributable to Genie Energy Ltd. common stockholders0.753.35
Diluted  
Income from continuing operations0.492.28
Income from discontinued operations0.250.98
Net income attributable to Genie Energy Ltd. common stockholders$ 0.74$ 3.26
Weighted-average number of shares used in the calculation of earnings per share  
Basic25,55325,629
Diluted26,06226,366
Dividends declared per common share$ 0.3$ 0.3
Electricity [Member]  
REVENUES:  
Total revenues$ 350,779$ 241,828
Natural gas [Member]  
REVENUES:  
Total revenues55,98862,144
Other [Member]  
REVENUES:  
Total revenues$ 21,941$ 11,567

GNE Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:  
Cash and cash equivalents$ 107,609$ 98,571
Restricted cash—short-term10,4426,007
Marketable equity securities396490
Trade accounts receivable, net of allowance for doubtful accounts of $ 6,574 and $4,826 at December 31, 2023 and 2022, respectively61,90955,134
Inventory14,59815,714
Prepaid expenses16,2226,822
Other current assets5,4756,207
Other current assets of discontinued operations13,18238,688
TOTAL CURRENT ASSETS229,833227,633
Restricted cash—long-term44,945
Property and equipment, net15,192891
Goodwill9,9989,998
Other intangibles, net2,7353,133
Deferred income tax assets, net5,2005,799
Other assets15,24713,856
Noncurrent assets of discontinued operations7,40516,305
TOTAL ASSETS330,555277,615
CURRENT LIABILITIES:  
Trade accounts payable27,88125,313
Accrued expenses49,38935,659
Income taxes payable6,69922,576
Current liabilities of discontinued operations4,85810,936
TOTAL CURRENT LIABILITIES98,25299,198
Noncurrent captive insurance liability44,945
Other liabilities2,2124,087
Noncurrent liabilities of discontinued operations638686
TOTAL LIABILITIES146,047103,971
Commitments and contingencies (Note 15 and Note 16) 
Genie Energy Ltd. Stockholders' equity:  
Preferred stock, $0.01 par value; authorized shares – 10,000: Series 2012-A, designated shares – 8,750; at liquidation preference, consisting of 983 shares issued and outstanding at December 31, 2023 and 20228,359
Additional paid-in capital156,101146,546
Treasury stock, at cost, consisting of 2,924 and 2,705 shares of Class B common at December 31, 2023 and 2022, respectively(22,661)(19,010)
Accumulated other comprehensive income3,2991,926
Retained earnings60,19649,010
Total Genie Energy Ltd. stockholders' equity197,239187,118
Noncontrolling interests(12,731)(13,474)
TOTAL EQUITY184,508173,644
TOTAL LIABILITIES AND EQUITY330,555277,615
IDT Corporation  
CURRENT LIABILITIES:  
Other current liabilities145165
Nonrelated Party [Member]  
CURRENT LIABILITIES:  
Other current liabilities9,2804,549
Class A Common Stock  
Genie Energy Ltd. Stockholders' equity:  
Common stock, value1616
Class B Common Stock  
Genie Energy Ltd. Stockholders' equity:  
Common stock, value$ 288$ 271
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.
 WEBSITEwww.genie.com
 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 Wed Mar 27 2024, market cap of Genie Energy Ltd is 380.56 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 Wed Mar 27 2024, GNE's PE ratio (Price to Earnings) is 19.41 and Price to Sales (PS) ratio is 0.89. 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 0.072 (multiply by 100 for percentage) rate of return.