Genie Energy Stock Today
| GNE Stock | USD 15.51 0.19 1.21% |
Performance0 of 100
| Odds Of DistressLess than 1
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Genie Energy is trading at 15.51 as of the 29th of April 2024, a -1.21% down since the beginning of the trading day. The stock's lowest day price was 15.41. Genie Energy has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Genie Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Business Domain Utilities | IPO Date 26th of October 0031 |
Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States, Finland, Sweden, Japan, and internationally. Genie Energy Ltd. was incorporated in 2011 and is headquartered in Newark, New Jersey. The company has 25.81 M outstanding shares of which 766.76 K shares are currently shorted by investors with about 3.86 days to cover. More on Genie Energy
Moving together with Genie Stock
| 0.87 | HE | Hawaiian Electric Financial Report 14th of May 2024 | PairCorr |
Moving against Genie Stock
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| 0.78 | EUSP | EuroSite Power | PairCorr |
| 0.77 | D | Dominion Energy Earnings Call Next Week | PairCorr |
| 0.77 | ETR | Entergy Earnings Call This Week | PairCorr |
| 0.76 | EVRG | Evergy Common Stock Financial Report 3rd of May 2024 | PairCorr |
| 0.76 | EXC | Exelon Earnings Call This Week | PairCorr |
| 0.74 | EIX | Edison International Earnings Call Tomorrow | PairCorr |
Follow Valuation Options Odds of Bankruptcy
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Genie Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Genie Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Genie Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Michael Stein | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electric Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, Australia All Ordinaries, Utilities, Electric Utilities, Utilities—Regulated Electric, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Genie Energy report their recommendations after researching Genie Energy's financial statements, talking to executives and customers, or listening in on Genie Energy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Genie Energy. The Genie consensus assessment is calculated by taking the average forecast from all of the analysts covering Genie Energy. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Genie Energy's financial statements, Genie Energy is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Genie Energy is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Genie Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Genie Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Genie Energy's financial leverage. It provides some insight into what part of Genie Energy's total assets is financed by creditors.
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Genie Energy (GNE) is traded on New York Stock Exchange in USA. It is located in 520 Broad Street, Newark, NJ, United States, 07102 and employs 198 people. Genie Energy is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 424.72 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Genie Energy's market, we take the total number of its shares issued and multiply it by Genie Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Genie Energy runs under Electric Utilities sector within Utilities industry. The entity has 25.81 M outstanding shares of which 766.76 K shares are currently shorted by investors with about 3.86 days to cover.
Genie Energy has about 98.57 M in cash with 62.48 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.38.
Check Genie Energy Probability Of Bankruptcy
Ownership AllocationGenie Energy has a total of 25.81 Million outstanding shares. Genie Energy secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Genie Ownership Details
Genie Stock Price Odds Analysis
What are Genie Energy's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Genie Energy jumping above the current price in 90 days from now is about 83.98%. The Genie Energy probability density function shows the probability of Genie Energy stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Genie Energy has a beta of 0.9837. This usually indicates Genie Energy market returns are highly-sensitive to returns on the market. As the market goes up or down, Genie Energy is expected to follow. Additionally, genie Energy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Genie Energy to move above the current price in 90 days from now is about 83.98 (This Genie Energy probability density function shows the probability of Genie Stock to fall within a particular range of prices over 90 days) .
Genie Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Genie Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Genie Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Genie Energy's value.| Instituion | Recorded On | Shares | |
| Significant Wealth Partners Llc | 2023-12-31 | 171.1 K | |
| Alliancebernstein L.p. | 2023-12-31 | 170.1 K | |
| Old West Investment Management, Llc | 2023-12-31 | 160.6 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 138.7 K | |
| Federated Hermes Inc | 2023-12-31 | 126.3 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 94.8 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 79.1 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 69.4 K | |
| First Trust Advisors L.p. | 2023-12-31 | 59.7 K | |
| Blackrock Inc | 2023-12-31 | 1.5 M | |
| Vanguard Group Inc | 2023-12-31 | 1.2 M |
Genie Energy Historical Income Statement
Genie Energy Income Statement is one of the three primary financial statements used for reporting Genie's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Genie Energy revenue and expense. Genie Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Genie Energy's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 4.5 M, whereas Interest Expense is forecasted to decline to about 94 K. View More FundamentalsGenie Stock Against Markets
Picking the right benchmark for Genie Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Genie Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Genie Energy is critical whether you are bullish or bearish towards Genie Energy at a given time. Please also check how Genie Energy's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Genie Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Genie Energy Corporate Directors
Genie Energy corporate directors refer to members of a Genie Energy board of directors. The board of directors generally takes responsibility for the Genie Energy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Genie Energy's board members must vote for the resolution. The Genie Energy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Alan Rosenthal | Independent Director | Profile | |
| Wesley Perry | Lead Independent Director | Profile | |
| Joyce Mason | Director, Corporate Secretary | Profile | |
| Joyce Esq | Corporate Director | Profile |
How to buy Genie Stock?
Before investing in Genie Energy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Genie Energy. To buy Genie Energy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Genie Energy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Genie Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Genie Energy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Genie Energy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Genie Energy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Genie Stock please use our How to Invest in Genie Energy guide.
Already Invested in Genie Energy?
The danger of trading Genie Energy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Genie Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Genie Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Genie Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Genie Energy is a strong investment it is important to analyze Genie Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genie Energy's future performance. For an informed investment choice regarding Genie Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genie Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Genie Stock analysis
When running Genie Energy's price analysis, check to measure Genie Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genie Energy is operating at the current time. Most of Genie Energy's value examination focuses on studying past and present price action to predict the probability of Genie Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genie Energy's price. Additionally, you may evaluate how the addition of Genie Energy to your portfolios can decrease your overall portfolio volatility.
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Is Genie Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genie Energy. If investors know Genie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genie Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.24) | Dividend Share 0.075 | Earnings Share 0.49 | Revenue Per Share 16.777 | Quarterly Revenue Growth 0.289 |
The market value of Genie Energy is measured differently than its book value, which is the value of Genie that is recorded on the company's balance sheet. Investors also form their own opinion of Genie Energy's value that differs from its market value or its book value, called intrinsic value, which is Genie Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genie Energy's market value can be influenced by many factors that don't directly affect Genie Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genie Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genie Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genie Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.