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GNE

Genie EnergyNYSE:GNE Stock Report

Market Cap

US$133.7m

7D

2.3%

1Y

-40.1%

Updated

29 Nov, 2021

Data

Company Financials
GNE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

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

NRG Energy

NYSE:NRG

US$9.0b

Tesla

NasdaqGS:TSLA

US$1.1t

Panasonic

TSE:6752

JP¥3.0t

Trina Solar

SHSE:688599

CN¥150.5b

Price History & Performance

Summary of all time highs, changes and price drops for Genie Energy
Historical stock prices
Current Share PriceUS$4.97
52 Week HighUS$8.68
52 Week LowUS$4.74
Beta0.40
1 Month Change0.40%
3 Month Change-26.48%
1 Year Change-40.12%
3 Year Change-27.76%
5 Year Change-11.41%
Change since IPO-45.62%

Recent News & Updates

Nov 06
Genie Energy (NYSE:GNE) May Have Issues Allocating Its Capital

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

GNEUS Electric UtilitiesUS Market
7D2.3%-1.0%-2.7%
1Y-40.1%7.0%21.3%

Return vs Industry: GNE underperformed the US Electric Utilities industry which returned 7% over the past year.

Return vs Market: GNE underperformed the US Market which returned 21.3% over the past year.

Price Volatility

Is GNE's price volatile compared to industry and market?
GNE volatility
GNE Average Weekly Movement6.6%
Electric Utilities Industry Average Movement2.8%
Market Average Movement6.0%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.3%

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

FoundedEmployeesCEOWebsite
n/a202Michael Steinhttps://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

How do Genie Energy's earnings and revenue compare to its market cap?
GNE fundamental statistics
Market CapUS$133.67m
Earnings (TTM)-US$1.75m
Revenue (TTM)US$449.07m

0.3x

P/S Ratio

-74.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GNE income statement (TTM)
RevenueUS$449.07m
Cost of RevenueUS$343.42m
Gross ProfitUS$105.65m
ExpensesUS$107.40m
Earnings-US$1.75m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.067
Gross Margin23.53%
Net Profit Margin-0.39%
Debt/Equity Ratio0%

How did GNE perform over the long term?

See historical performance and comparison

Valuation

Is Genie Energy undervalued compared to its fair value and its price relative to the market?

1.75x

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 (1.7x) 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?

10.9%

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?

10.1yrs

Average board tenure


CEO

Michael Stein (37 yo)

4yrs

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 ($USD2.21M) is above average for companies of similar size in the US market ($USD553.25K).

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 ( 10.1 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
  • Market Cap: US$133.673m
  • 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/29 23:28
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.