Streetbeat News

GNE

Genie Energy Ltd.

https://www.genie.com

Industry

Regulated Electric

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. It operates in three segments: Genie Retail Energy (GRE); GRE International; and Genie Renewables. The company also engages in the provision of energy advisory and brokerage services; solar panel manufacturing and distribution; solar installation design; and project management activities. Genie Energy Ltd. was incorporated in 2011 and is headquartered in Newark, New Jersey.

Open

14.47

Mkt cap

394M

Volume

71K

High

14.70

P/E Ratio

180.88

52-wk high

30.90

Low

14.46

Div yield

0.02

52-wk low

14.00

Genie Energy, Ltd. (NYSE: GNE) has provided an update on its consumer insurance initiative, indicating progress in its strategy to integrate insurance offerings with its energy solutions.

Portfolio Pulse from

December 05, 2024 | 9:45 pm

Genie Energy Ltd. (NYSE: GNE) has successfully closed a loan financing for its portfolio of operating solar generation assets, marking a significant step in its renewable energy initiatives.

Portfolio Pulse from

November 19, 2024 | 1:45 pm

Genie Energy's Q3 earnings show soft results compared to the previous year, but the company maintains an optimistic outlook for growth and margins. The stock has been rangebound, aligning with management's guidance. The current valuation is considered attractive despite regulatory and competition risks.

Portfolio Pulse from

November 14, 2024 | 3:30 am

Genie Energy (GNE) reported year-over-year declines in earnings and revenues for Q3, attributed to reduced electricity consumption due to a milder summer and increased customer acquisition costs in the retail segment.

Portfolio Pulse from

November 07, 2024 | 7:00 pm

Genie Energy Ltd. (GNE) held its Q3 2024 earnings call on November 6, 2024. The call featured company executives discussing the financial performance and outlook.

Portfolio Pulse from

November 06, 2024 | 2:45 pm

Genie Energy, Ltd. (NYSE: GNE) has announced its third quarter 2024 results. The company is a leading provider of retail and renewable energy solutions.

Portfolio Pulse from

November 06, 2024 | 12:45 pm

Genie Energy announced that it is on track to achieve its full-year guidance of $40 million to $50 million in consolidated adjusted EBITDA.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:50 am

Genie Energy (NYSE:GNE) reported a decrease in both earnings and sales for Q2. Earnings per share dropped by 17.78% to $0.37, and sales fell by 2.96% to $90.70 million compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:33 am

Genie Energy reported a decrease in Q1 EPS to $0.33 from $0.54 YoY, while sales increased to $119.69M from $105.28M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:32 am

The CNN Money Fear and Greed index remained in the 'Greed' zone on Monday, with U.S. stocks closing mixed and the S&P 500 falling for the second session. The Dow Jones closed higher, while the Nasdaq Composite fell. EQT Corporation announced a merger with Equitrans Midstream Corporation, and Genie Energy Ltd.'s shares fell following Q4 results. Investors await earnings from International Game Technology PLC, IHS Holding Limited, and Kohl's Corporation.

Portfolio Pulse from Avi Kapoor

March 12, 2024 | 8:50 am

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