| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
GNE Stock Overview
Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States, Europe, and Asia.
Risk Analysis
No risks detected for GNE from our risk checks.
Genie Energy Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$5.31 |
| 52 Week High | US$8.50 |
| 52 Week Low | US$4.74 |
| Beta | 0.39 |
| 1 Month Change | -7.17% |
| 3 Month Change | -9.08% |
| 1 Year Change | -35.32% |
| 3 Year Change | -39.80% |
| 5 Year Change | -9.54% |
| Change since IPO | -41.90% |
Recent News & Updates
Genie Energy (NYSE:GNE) May Have Issues Allocating Its Capital
If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? More often...
Shareholder Returns
| GNE | US Electric Utilities | US Market | |
|---|---|---|---|
| 7D | -1.7% | -1.2% | -0.5% |
| 1Y | -35.3% | 9.8% | 13.7% |
Return vs Industry: GNE underperformed the US Electric Utilities industry which returned 9.8% over the past year.
Return vs Market: GNE underperformed the US Market which returned 13.7% over the past year.
Price Volatility
| GNE volatility | |
|---|---|
| GNE Average Weekly Movement | 6.9% |
| Electric Utilities Industry Average Movement | 2.5% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.9% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: GNE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: GNE's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 202 | Michael Stein | https://www.genie.com |
Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States, Europe, and Asia. The company operates in three segments: Genie Retail Energy (GRE); GRE International; and Genie Energy Services. It resells electricity and natural gas to residential and small business customers primarily in the Eastern and Midwestern United States, as well as in the United Kingdom, Japan, and Finland.
Genie Energy Fundamentals Summary
| GNE fundamental statistics | |
|---|---|
| Market Cap | US$139.18m |
| Earnings (TTM) | -US$1.75m |
| Revenue (TTM) | US$449.07m |
0.3x
P/S Ratio-79.4x
P/E RatioIs GNE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GNE income statement (TTM) | |
|---|---|
| Revenue | US$449.07m |
| Cost of Revenue | US$343.42m |
| Gross Profit | US$105.65m |
| Expenses | US$107.40m |
| Earnings | -US$1.75m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.067 |
| Gross Margin | 23.53% |
| Net Profit Margin | -0.39% |
| Debt/Equity Ratio | 0% |
How did GNE perform over the long term?
See historical performance and comparisonValuation
Is Genie Energy undervalued compared to its fair value and its price relative to the market?
1.87x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GNE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GNE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GNE is unprofitable, so we can't compare its PE Ratio to the US Electric Utilities industry average.
PE vs Market: GNE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GNE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GNE's PB Ratio (1.9x) is in line with the US Electric Utilities industry average.
Future Growth
How is Genie Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
11.5%
Forecasted Utilities industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Genie Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Genie Energy performed over the past 5 years?
55.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GNE is currently unprofitable.
Growing Profit Margin: GNE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GNE is unprofitable, but has reduced losses over the past 5 years at a rate of 55.6% per year.
Accelerating Growth: Unable to compare GNE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GNE is unprofitable, making it difficult to compare its past year earnings growth to the Electric Utilities industry (3.7%).
Return on Equity
High ROE: GNE has a negative Return on Equity (2.82%), as it is currently unprofitable.
Financial Health
How is Genie Energy's financial position?
Financial Position Analysis
Short Term Liabilities: GNE's short term assets ($152.5M) exceed its short term liabilities ($108.1M).
Long Term Liabilities: GNE's short term assets ($152.5M) exceed its long term liabilities ($3.0M).
Debt to Equity History and Analysis
Debt Level: GNE is debt free.
Reducing Debt: GNE has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if GNE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GNE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is Genie Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GNE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GNE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GNE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GNE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GNE is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GNE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
10.3yrs
Average board tenure
CEO
Michael Stein (37 yo)
4.17yrs
Tenure
US$2,205,357
Compensation
Mr. Michael M. Stein has been Chief Executive Officer of Genie Energy Ltd. since November 1, 2017. He serves as Chief Executive Officer and Director at Oriel Energy, Inc. Mr. Stein serves as the Chief Exec...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD2.21M) is above average for companies of similar size in the US market ($USD578.13K).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
Board Members
Experienced Board: GNE's board of directors are seasoned and experienced ( 10.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Genie Energy Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: Genie Energy Ltd.
- Ticker: GNE
- Exchange: NYSE
- Founded: NaN
- Industry: Electric Utilities
- Sector: Utilities
- Implied Market Cap: US$139.177m
- Shares outstanding: 26.21m
- Website: https://www.genie.com
Number of Employees
Location
- Genie Energy Ltd.
- 520 Broad Street
- Newark
- New Jersey
- 7102
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 23:24 |
| End of Day Share Price | 2022/01/14 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.