Duyuru • May 16
Genie Energy Ltd. announces Quarterly dividend, payable on June 02, 2026 Genie Energy Ltd. announced Quarterly dividend of USD 0.0750 per share payable on June 02, 2026, ex-date on May 22, 2026 and record date on May 22, 2026. Duyuru • May 13
Genie Energy Ltd. announced delayed 10-Q filing On 05/12/2026, Genie Energy Ltd. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Duyuru • May 08
Genie Energy Ltd. to Report Q1, 2026 Results on May 14, 2026 Genie Energy Ltd. announced that they will report Q1, 2026 results at 7:30 AM, Eastern Standard Time on May 14, 2026 Duyuru • Apr 08
Genie Energy Ltd. Receives NYSE Notice Regarding Delayed 10-K Filing On April 1, 2026, Genie Energy Ltd. (the Company) received a notice of noncompliance (the NYSE Notice) from the New York Stock Exchange (NYSE) noting that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual due to the delayed filing of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the Form 10-K). As previously reported in the Company's Notification of Late Filing on Form 12b-25 filed with the Securities and Exchange Commission (the SEC) on March 16, 2026, the Company was unable to file the Form 10-K within the prescribed period without unreasonable effort or expense due to the Company's need to restate its audited financial statements for the years ended December 31, 2024 and 2023 that will be included in the Form 10-K. Duyuru • Mar 27
Genie Energy Ltd., Annual General Meeting, Jun 03, 2026 Genie Energy Ltd., Annual General Meeting, Jun 03, 2026. Location: 520 broad street, 4th floor, newark, new jersey 07102, United States Duyuru • Mar 17
Genie Energy Ltd. announced delayed annual 10-K filing On 03/16/2026, Genie Energy Ltd. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Declared Dividend • Feb 09
Third quarter dividend of US$0.075 announced Dividend of US$0.075 is the same as last year. Ex-date: 18th February 2026 Payment date: 26th February 2026 Dividend yield will be 2.1%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (107% earnings payout ratio). However, it is well covered by cash flows (23% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 19% to bring the payout ratio under control. EPS is expected to grow by 19% over the next 2 years, which should be enough to bring the dividend into a sustainable range. Duyuru • Feb 07
Genie Energy Ltd. announces Quarterly dividend, payable on February 26, 2026 Genie Energy Ltd. announced Quarterly dividend of USD 0.0750 per share payable on February 26, 2026, ex-date on February 18, 2026 and record date on February 18, 2026. New Risk • Dec 06
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 107% Dividend yield: 2.1% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (107% payout ratio). Significant insider selling over the past 3 months (US$175k sold). Recent Insider Transactions • Nov 23
Chief Financial Officer recently sold US$175k worth of stock On the 18th of November, Avi Goldin sold around 12k shares on-market at roughly US$14.61 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Avi's only on-market trade for the last 12 months. Declared Dividend • Nov 05
Third quarter dividend of US$0.075 announced Dividend of US$0.075 is the same as last year. Ex-date: 10th November 2025 Payment date: 19th November 2025 Dividend yield will be 2.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (107% earnings payout ratio). However, it is well covered by cash flows (23% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 19% to bring the payout ratio under control. EPS is expected to grow by 86% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Nov 04
Third quarter 2025 earnings released: EPS: US$0.26 (vs US$0.39 in 3Q 2024) Third quarter 2025 results: EPS: US$0.26 (down from US$0.39 in 3Q 2024). Revenue: US$138.3m (up 24% from 3Q 2024). Net income: US$6.75m (down 34% from 3Q 2024). Profit margin: 4.9% (down from 9.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Duyuru • Nov 04
Genie Energy Ltd. Declares Quarterly Dividend to Class A and Class B Common Stockholders, Payable or About November 19, 2025 Genie Energy Ltd. will pay a $0.075 per share quarterly dividend to Class A and Class B common stockholders on or about November 19, 2025, with a record date of November 10, 2025. Duyuru • Oct 18
Genie Energy Ltd. to Report Q3, 2025 Results on Nov 03, 2025 Genie Energy Ltd. announced that they will report Q3, 2025 results at 7:30 AM, US Eastern Standard Time on Nov 03, 2025 Board Change • Sep 22
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Ex-officio Director Jim Courter was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Declared Dividend • Aug 10
Second quarter dividend of US$0.075 announced Dividend of US$0.075 is the same as last year. Ex-date: 11th August 2025 Payment date: 19th August 2025 Dividend yield will be 1.9%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (73% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 81% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 08
Second quarter 2025 earnings released: EPS: US$0.11 (vs US$0.37 in 2Q 2024) Second quarter 2025 results: EPS: US$0.11 (down from US$0.37 in 2Q 2024). Revenue: US$105.3m (up 16% from 2Q 2024). Net income: US$2.78m (down 72% from 2Q 2024). Profit margin: 2.6% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to US$16.30, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Electric Utilities industry in Europe. Total returns to shareholders of 81% over the past three years. Duyuru • Jul 30
Genie Energy Ltd. to Report Q2, 2025 Results on Aug 07, 2025 Genie Energy Ltd. announced that they will report Q2, 2025 results at 7:30 AM, US Eastern Standard Time on Aug 07, 2025 Duyuru • Jun 30
Genie Energy Ltd.(NYSE:GNE) dropped from Russell 2000 Dynamic Index Genie Energy Ltd.(NYSE:GNE) dropped from Russell 2000 Dynamic Index Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$19.02, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 13x in the Electric Utilities industry in Europe. Total returns to shareholders of 177% over the past three years. Declared Dividend • May 12
First quarter dividend of US$0.075 announced Dividend of US$0.075 is the same as last year. Ex-date: 19th May 2025 Payment date: 30th May 2025 Dividend yield will be 1.9%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 48% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • May 07
Genie Energy Ltd. announces Quarterly dividend, payable on May 30, 2025 Genie Energy Ltd. announced Quarterly dividend of USD 0.0750 per share payable on May 30, 2025, ex-date on May 19, 2025 and record date on May 19, 2025. Reported Earnings • May 07
First quarter 2025 earnings released: EPS: US$0.41 (vs US$0.31 in 1Q 2024) First quarter 2025 results: EPS: US$0.41 (up from US$0.31 in 1Q 2024). Revenue: US$136.8m (up 14% from 1Q 2024). Net income: US$10.7m (up 28% from 1Q 2024). Profit margin: 7.8% (up from 7.0% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Duyuru • Apr 23
Genie Energy Ltd. to Report Q1, 2025 Results on May 06, 2025 Genie Energy Ltd. announced that they will report Q1, 2025 results at 7:30 AM, US Eastern Standard Time on May 06, 2025 Duyuru • Apr 01
Genie Energy Ltd., Annual General Meeting, May 06, 2025 Genie Energy Ltd., Annual General Meeting, May 06, 2025. Location: genie energy ltd. s offices, 520 broad street, 4th floor, new jersey 07102., newark United States Reported Earnings • Mar 10
Full year 2024 earnings released: EPS: US$0.58 (vs US$0.50 in FY 2023) Full year 2024 results: EPS: US$0.58 (up from US$0.50 in FY 2023). Revenue: US$425.2m (flat on FY 2023). Net income: US$15.5m (up 21% from FY 2023). Profit margin: 3.6% (up from 3.0% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Board Change • Mar 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Ex-officio Director Jim Courter was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Duyuru • Feb 27
Genie Energy Ltd. to Report Q4, 2024 Results on Mar 10, 2025 Genie Energy Ltd. announced that they will report Q4, 2024 results at 7:30 AM, US Eastern Standard Time on Mar 10, 2025 Declared Dividend • Feb 11
Third quarter dividend of US$0.075 announced Dividend of US$0.075 is the same as last year. Ex-date: 18th February 2025 Payment date: 26th February 2025 Dividend yield will be 2.1%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (235% earnings payout ratio). However, it is well covered by cash flows (15% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 162% to bring the payout ratio under control. However, EPS has declined by 26% over the last 5 years so the company would need to reverse this trend. Duyuru • Feb 08
Genie Energy Ltd. Declares Cash Dividend on Class A and Class B Common Stock, Payable on or About February 26, 2025 The board of directors of Genie Energy Ltd. have declared a cash dividend of $0.075 per share of Class A and Class B common stock for the fourth quarter of 2024. The dividend will be paid on or about February 26, 2025 to stockholders of record as of the close of business on February 18th. The distribution will be treated as an ordinary dividend for tax purposes. Board Change • Feb 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Ex-officio Director Jim Courter was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jan 10
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Ex-officio Director Jim Courter was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Recent Insider Transactions • Nov 25
Chief Financial Officer recently sold US$113k worth of stock On the 20th of November, Avi Goldin sold around 7k shares on-market at roughly US$15.42 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Avi has been a net seller over the last 12 months, reducing personal holdings by US$237k. New Risk • Nov 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Significant insider selling over the past 3 months (US$103k sold). Declared Dividend • Nov 08
Third quarter dividend of US$0.075 announced Dividend of US$0.075 is the same as last year. Ex-date: 12th November 2024 Payment date: 20th November 2024 Dividend yield will be 1.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (235% earnings payout ratio). However, it is well covered by cash flows (15% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 162% to bring the payout ratio under control. However, EPS has declined by 26% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Nov 07
Third quarter 2024 earnings released: EPS: US$0.39 (vs US$0.56 in 3Q 2023) Third quarter 2024 results: EPS: US$0.39 (down from US$0.56 in 3Q 2023). Revenue: US$111.9m (down 11% from 3Q 2023). Net income: US$10.2m (down 31% from 3Q 2023). Profit margin: 9.1% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings. Duyuru • Oct 15
Genie Energy Ltd. to Report Q3, 2024 Results on Nov 06, 2024 Genie Energy Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024 Recent Insider Transactions • Sep 20
Ex-officio Director recently sold US$63k worth of stock On the 12th of September, James Courter sold around 4k shares on-market at roughly US$17.19 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.6m more than they bought in the last 12 months. Recent Insider Transactions • Sep 18
Ex-officio Director recently sold US$63k worth of stock On the 12th of September, James Courter sold around 4k shares on-market at roughly US$17.19 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.6m more than they bought in the last 12 months. Declared Dividend • Aug 08
Second quarter dividend of US$0.075 announced Dividend of US$0.075 is the same as last year. Ex-date: 14th August 2024 Payment date: 22nd August 2024 Dividend yield will be 1.9%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio). However, it is well covered by cash flows (13% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 10% to bring the payout ratio under control. However, EPS has declined by 13% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Aug 07
Second quarter 2024 earnings released: EPS: US$0.37 (vs US$0.46 in 2Q 2023) Second quarter 2024 results: EPS: US$0.37 (down from US$0.46 in 2Q 2023). Revenue: US$90.7m (down 3.0% from 2Q 2023). Net income: US$9.76m (down 17% from 2Q 2023). Profit margin: 11% (down from 13% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Aug 07
Genie Energy Ltd. Announces Quarterly Dividend, Payable on August 22, 2024 Genie Energy Ltd. announced that the company will pay a $0.075 per share quarterly dividend to Class A and Class B common stockholders on August 22, 2024, with a record date of August 14, 2024. Duyuru • Jul 17
Genie Energy Ltd. to Report Q2, 2024 Results on Aug 06, 2024 Genie Energy Ltd. announced that they will report Q2, 2024 results at 7:30 AM, US Eastern Standard Time on Aug 06, 2024 Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Ex-officio Director Jim Courter was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • May 30
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (60% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.2% net profit margin). Shareholders have been diluted in the past year (4.3% increase in shares outstanding). Duyuru • May 09
Genie Energy Ltd. to Pay Quarterly Dividend to Class A and Class B Common Stockholders on May 31, 2024 Genie Energy Ltd. announced that it will pay a $0.075 per share quarterly dividend to Class A and Class B common stockholders on May 31, 2024, with a record date of May 20, 2024. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: US$0.31 (vs US$0.44 in 1Q 2023) First quarter 2024 results: EPS: US$0.31 (down from US$0.44 in 1Q 2023). Revenue: US$119.7m (up 14% from 1Q 2023). Net income: US$8.39m (down 25% from 1Q 2023). Profit margin: 7.0% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Apr 26
Genie Energy Ltd. to Report Q1, 2024 Results on May 08, 2024 Genie Energy Ltd. announced that they will report Q1, 2024 results at 7:30 AM, US Eastern Standard Time on May 08, 2024 Duyuru • Apr 02
Genie Energy Ltd., Annual General Meeting, May 08, 2024 Genie Energy Ltd., Annual General Meeting, May 08, 2024, at 11:00 US Eastern Standard Time. Location: Genie Energy Ltd.’s offices at 520 Broad Street, 4th Floor New Jersey Newark United States Agenda: To consider and elect five directors, each for a term of one year; to consider and approve an amendment to the Genie Energy Ltd. Stock Option and Incentive Plan that will increase the number of shares of the Company’s Class B common stock available for the grant of awards thereunder by 180,000; to consider and conduct an advisory vote on compensation of named executive officers; to consider and vote on the frequency of the advisory vote on executive compensation: once a year, once every two years or once every three years; and to consider and transact other business as may properly come before the Annual Meeting and any adjournment or postponement thereof. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 156% After last week's 156% share price gain to US$16.40, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 10x in the Electric Utilities industry in Europe. Total returns to shareholders of 156% over the past three years. Reported Earnings • Mar 11
Full year 2023 earnings released: EPS: US$0.50 (vs US$2.16 in FY 2022) Full year 2023 results: EPS: US$0.50 (down from US$2.16 in FY 2022). Revenue: US$428.7m (up 36% from FY 2022). Net income: US$12.8m (down 77% from FY 2022). Profit margin: 3.0% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Duyuru • Mar 06
Genie Energy Ltd. to Report Q4, 2023 Results on Mar 11, 2024 Genie Energy Ltd. announced that they will report Q4, 2023 results at 7:30 AM, Eastern Standard Time on Mar 11, 2024 Declared Dividend • Feb 11
Third quarter dividend of US$0.075 announced Dividend of US$0.075 is the same as last year. Ex-date: 16th February 2024 Payment date: 28th February 2024 Dividend yield will be 1.6%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 38% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to US$23.01, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 9x in the Electric Utilities industry in Europe. Total returns to shareholders of 133% over the past year. Recent Insider Transactions • Dec 21
Independent Director recently sold US$416k worth of stock On the 15th of December, Alan Rosenthal sold around 15k shares on-market at roughly US$27.78 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$671k. Insiders have been net sellers, collectively disposing of US$1.5m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$27.60, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 9x in the Electric Utilities industry in Europe. Total returns to shareholders of 172% over the past year. Recent Insider Transactions • Dec 08
Corporate Secretary & Director recently sold US$114k worth of stock On the 5th of December, Joyce Mason sold around 5k shares on-market at roughly US$23.61 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$671k. Insiders have been net sellers, collectively disposing of US$1.1m more than they bought in the last 12 months. Recent Insider Transactions • Dec 03
Chief Financial Officer recently sold US$85k worth of stock On the 29th of November, Avi Goldin sold around 4k shares on-market at roughly US$24.18 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$671k. Avi has been a net seller over the last 12 months, reducing personal holdings by US$241k. Recent Insider Transactions • Nov 23
Ex-officio Director recently sold US$671k worth of stock On the 21st of November, James Courter sold around 27k shares on-market at roughly US$24.60 per share. This transaction amounted to 7.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$866k more than they bought in the last 12 months. Recent Insider Transactions • Nov 15
Chief Financial Officer recently sold US$156k worth of stock On the 10th of November, Avi Goldin sold around 7k shares on-market at roughly US$24.06 per share. This transaction amounted to 6.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Avi's only on-market trade for the last 12 months. Buying Opportunity • Nov 07
Now 22% undervalued Over the last 90 days, the stock is up 30%. The fair value is estimated to be US$25.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 59%. Reported Earnings • Nov 07
Third quarter 2023 earnings released: EPS: US$0.54 (vs US$0.78 in 3Q 2022) Third quarter 2023 results: EPS: US$0.54 (down from US$0.78 in 3Q 2022). Revenue: US$125.0m (up 54% from 3Q 2022). Net income: US$14.8m (down 25% from 3Q 2022). Profit margin: 12% (down from 24% in 3Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$22.96, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 8x in the Electric Utilities industry in Europe. Total returns to shareholders of 118% over the past year. Duyuru • Oct 18
Genie Energy Ltd. to Report Q3, 2023 Results on Nov 06, 2023 Genie Energy Ltd. announced that they will report Q3, 2023 results on Nov 06, 2023 Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$17.07, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 8x in the Electric Utilities industry in Europe. Total returns to shareholders of 90% over the past year. Duyuru • Jul 28
Genie Energy Ltd. to Report Q2, 2023 Results on Aug 07, 2023 Genie Energy Ltd. announced that they will report Q2, 2023 results at 7:30 AM, US Eastern Standard Time on Aug 07, 2023 New Risk • Jul 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Shareholders have been diluted in the past year (4.8% increase in shares outstanding). Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$16.41, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 9x in the Electric Utilities industry in Europe. Total returns to shareholders of 125% over the past year. Reported Earnings • May 10
First quarter 2023 earnings released: EPS: US$0.43 (vs US$0.68 in 1Q 2022) First quarter 2023 results: EPS: US$0.43 (down from US$0.68 in 1Q 2022). Revenue: US$105.3m (up 6.8% from 1Q 2022). Net income: US$11.2m (down 36% from 1Q 2022). Profit margin: 11% (down from 18% in 1Q 2022). The decrease in margin was driven by higher expenses. Duyuru • May 09
Genie Energy Ltd. Declares Quarterly Dividend, Payable on May 30, 2023 Genie Energy announced to pay a $0.075 quarterly dividend to class A and B common stockholders on May 30, 2023 with a record date of May 19th. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$15.96, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 9x in the Electric Utilities industry in Europe. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$13.07, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 9x in the Electric Utilities industry in Europe. Reported Earnings • Mar 14
Full year 2022 earnings released: EPS: US$2.16 (vs US$0.91 in FY 2021) Full year 2022 results: EPS: US$2.16 (up from US$0.91 in FY 2021). Revenue: US$315.5m (down 13% from FY 2021). Net income: US$55.4m (up 135% from FY 2021). Profit margin: 18% (up from 6.5% in FY 2021). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to US$9.04, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 9x in the Electric Utilities industry in Europe. Total returns to shareholders of 52% over the past year. Duyuru • Feb 10
Genie Energy Ltd. Declares Fourth Quarter 2022 Common Stock Dividend, Payable on or About March 1, 2023 The board of directors of Genie Energy Ltd. has declared a cash dividend of $0.075 per share of Class A and Class B common stock for the fourth quarter of 2022. The dividend will be paid on or about March 1, 2023 to stockholders of record as of the close of business on February 21 . The distribution will be treated as an ordinary dividend for tax purposes. Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improved over the past week After last week's 15% share price gain to US$10.35, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 9x in the Electric Utilities industry in Europe. Total returns to shareholders of 124% over the past year. Valuation Update With 7 Day Price Move • Nov 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$8.96, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 9x in the Electric Utilities industry in Europe. Total returns to shareholders of 84% over the past year. Reported Earnings • Aug 09
Second quarter 2022 earnings released: EPS: US$1.33 (vs US$0.19 in 2Q 2021) Second quarter 2022 results: EPS: US$1.33 (up from US$0.19 in 2Q 2021). Revenue: US$75.0m (down 23% from 2Q 2021). Net income: US$33.9m (up US$28.9m from 2Q 2021). Profit margin: 45% (up from 5.1% in 2Q 2021). Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improved over the past week After last week's 18% share price gain to US$8.86, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 11x in the Electric Utilities industry in Europe. Reported Earnings • Mar 12
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$0.91 (up from US$0.45 in FY 2020). Revenue: US$363.7m (down 4.1% from FY 2020). Net income: US$23.6m (up 102% from FY 2020). Profit margin: 6.5% (up from 3.1% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.1%. Reported Earnings • Nov 06
Third quarter 2021 earnings released: US$0.10 loss per share (vs US$0.24 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$113.2m (up 18% from 3Q 2020). Net loss: US$2.66m (down 142% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$4.92, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 14x in the Electric Utilities industry in Europe. Total loss to shareholders of 4.0% over the past three years. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 18% share price gain to US$6.81, the stock trades at a trailing P/E ratio of 44.8x. Average trailing P/E is 13x in the Electric Utilities industry in Europe. Total returns to shareholders of 46% over the past three years. Executive Departure • May 19
Vice Chairman of the Board James Courter has left the company On the 12th of May, James Courter's tenure as Vice Chairman of the Board ended after 9.8 years in the role. We don't have any record of a personal shareholding under James' name. James is the only executive to leave the company over the last 12 months. Reported Earnings • May 07
First quarter 2021 earnings released: US$0.091 loss per share (vs US$0.21 profit in 1Q 2020) The company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: US$135.3m (up 30% from 1Q 2020). Net loss: US$2.36m (down 143% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. 
