GNE Stock Recent News

Discover why Zacks rates Genie Energy (GNE) as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore Genie Energy's diverse portfolio, strategic exits from non-core markets and robust financial health, along with the market risks impacting its performance.

Shares have nearly halved this year as profit margins have been steadily declining since the end of 2022. The business continues to show robust revenue growth, with management guiding for Adjusted EBITDA to stabilize this year. Shares are attractively valued, and management is aggressively returning cash to shareholders through dividends and buybacks.

NEWARK, NJ, April 24, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the first quarter of 2024 on Wednesday, May 8, 2024.

Genie Energy Limited (NYSE:GNE ) Q4 2023 Earnings Conference Call March 11, 2024 8:30 AM ET Company Participants Brian Siegel - Hayden IR Michael Stein - Chief Executive Officer Avi Goldin - Chief Financial Officer Operator Good morning and welcome to Genie Energy's Fourth Quarter and Year-End 2023 Earnings Call. Until the Q&A portion of the call, all participants will be in listen-only mode.

NEWARK, NJ, March 05, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the fourth quarter and full year 2023 on Monday, March 11, 2024.

Genie Energy Limited (NYSE:GNE ) Q3 2023 Earnings Conference Call November 6, 2023 8:30 AM ET Company Participants Michael Stein - Chief Executive Officer Avi Goldin - Chief Financial Officer Brian Siegel - Hayden IR Conference Call Participants Operator Good morning and welcome to Genie Energy's third quarter 2023 earnings call. Until the Q&A portion of the call, all participants will be in listen-only mode.

NEWARK, NJ, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the third quarter of 2023 on Monday, November 6, 2023.

NEWARK, N.J. , July 26, 2023 /PRNewswire/ -- Genie Energy Ltd.

Genie Energy has seen impressive growth in its margins over the last few years, currently at around 42% in gross margins, up from around 28% just 3 years ago. GNE has a P/E of around 7 and offers little risk as a long-term play, with a strong balance sheet and no debt, allowing profits to be diverted to shareholders through dividends and buybacks. The company has growth potential in new states and markets in the US, and its current price presents a solid risk/reward ratio, making it a buy for long-term investors.

NEWARK, N.J. , June 12, 2023 /PRNewswire/ -- Genie Energy Ltd.