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Genie Energy Ltd Class B Commo (GNE)
NYSE:GNE
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Genie Energy Commo
(NYSE:GNE)
Rating:54Neutral
Price Target:
$16.50
▲(5.91% Upside)
Genie Energy Commo (GNE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$411.05M
Dividend Yield1.94%
Average Volume (3M)214.16K
Price to Earnings (P/E)48.4
Beta (1Y)0.20
Revenue Growth3.75%
EPS Growth4.61%
CountryUS
Employees152
SectorUtilities
Sector Strength78
IndustryRegulated Electric
Share Statistics
EPS (TTM)0.11
Shares Outstanding25,134,584
10 Day Avg. Volume291,776
30 Day Avg. Volume214,156
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market Cap1.40
Enterprise Value/Revenue1.26
Enterprise Value/Gross Profit4.34
Enterprise Value/Ebitda36.85
Forecast
1Y Price Target
$16.50Price Target Upside5.91% Upside
Rating ConsensusHold
Number of Analyst Covering0
Genie Energy Commo Business Overview & Revenue Model
Company DescriptionGenie 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.
How the Company Makes MoneyGenie Energy generates revenue through multiple channels, primarily by selling electricity and natural gas to residential and business customers. The company operates in deregulated energy markets, allowing it to compete on pricing and service quality. Key revenue streams include retail energy supply contracts, where it charges customers based on their energy consumption. Genie Energy also benefits from partnerships with various energy suppliers and technology providers, enhancing its service offerings and operational efficiency. Additionally, the company explores profit opportunities in renewable energy projects, which may include sales from green energy credits and incentives. Overall, its diversified energy portfolio, competitive pricing strategies, and partnerships contribute significantly to its earnings.
Genie Energy Commo Earnings Call Summary
Earnings Call Date:Aug 07, 2025
(Q2-2025)
| % Change Since: -21.51%|
Next Earnings Date:Nov 10, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed bag of results. The company exhibited strong top-line growth and notable achievements in its solar and advisory segments. However, the bottom line was affected by significant challenges, including margin compression due to wholesale price volatility and a challenging pricing environment in the retail energy sector. Legislative changes also impacted the solar project pipeline.Q2-2025 Updates
Positive Updates
Double-Digit Top Line Growth
Genie Energy reported a solid 16% increase in consolidated revenue to $105.3 million, driven by growth at both Genie Retail and Genie Renewables.
Customer Base Expansion at GRE
Expanded customer base to approximately 419,000 meters served, comprising approximately 414,000 RCEs, representing a year-over-year increase of 15% in meters and 20% in RCEs.
Significant Growth in Genie Solar Revenue
Genie Solar's revenue jumped over 6x the year-ago level to $1 billion, with a decreased bottom line loss by 90% due to reduced SG&A.
Strong Performance at Diversegy
Diversegy, the brokerage and energy advisory business, saw revenue increase by over 50% and profitability increase by almost 3,000%.
Negative Updates
Margin Compression at GRE
Significant margin compression at GRE due to wholesale power price increases, particularly within the PJM and MISO interconnection zones, impacting bottom line results.
Impact of Pricing Environment in Retail Energy Business
Challenging pricing environment in the retail energy business led to higher-than-usual costs and margin pressure.
Decreased Gross Profit and Margin
Consolidated gross profit decreased 30% to $23.5 million, while gross margin decreased 1,400 basis points to 22%.
Income from Operations Decline
Consolidated income from operations decreased to $2 million with adjusted EBITDA down to $3 million from $9.5 million and $12.5 million, respectively, in the second quarter of 2024.
Impact of Legislative Changes on Solar Projects
Paused work on several early-stage solar development projects due to changes in tax incentives from the One Big Beautiful Bill, impacting future project viability.
Company Guidance
During the second quarter of 2025, Genie Energy experienced mixed financial results, highlighted by significant metrics across various segments. Revenue increased by 16% to $105.3 million, driven by a 14% increase at Genie Retail Energy (GRE) and a 57% surge at Genie Renewables (GREW). Despite this growth, consolidated gross profit declined by 30% to $23.5 million, with gross margin decreasing by 1,400 basis points to 22%, primarily due to higher wholesale costs in electricity and natural gas. Operationally, GRE expanded its customer base by 15% in meters served and 20% in Residential Customer Equivalents (RCEs), while churn dropped from 5.5% to 4.8%. GREW's revenue was buoyed by a 44% increase, thanks in part to Diversegy's over 50% rise in revenue and Genie Solar's remarkable sixfold revenue increase to $1 billion. On a consolidated basis, adjusted EBITDA fell from $12.5 million to $3 million year-over-year, yet the company reaffirmed its full-year adjusted EBITDA guidance of $40 million to $50 million, contingent on normalized weather conditions.Genie Energy Commo Financial Statement Overview
Summary
Genie Energy presents a balanced financial picture with strengths in cash flow generation and a stable balance sheet, offset by some challenges in income statement profitability metrics. The company maintains a low leverage profile, providing financial flexibility. While revenue growth is modest, the firm demonstrates strong operational cash flow, indicative of potential for future growth and stability in the regulated electric industry.Income Statement
Genie Energy shows a mixed performance in its income statement. The gross profit margin remains stable, reflecting efficient cost management. However, the net profit margin has slightly declined in the TTM, indicating some pressure on bottom-line profitability. Revenue growth is modest, with TTM revenue showing a slight increase compared to the prior year. The EBIT margin is low, which might suggest operational inefficiencies, while the EBITDA margin is relatively better, indicating some level of operational cash flow health.65
Positive
Balance Sheet
The balance sheet reflects a strong equity position with an improving debt-to-equity ratio, indicative of financial stability. The equity ratio is solid, demonstrating a low reliance on debt financing. Return on equity has decreased, suggesting challenges in generating returns from shareholder investments. The overall balance sheet position is healthy, with adequate liquidity and a conservative leverage profile.72
Positive
Cash Flow
Cash flow statements show strong free cash flow generation, with noticeable growth in the TTM period. The operating cash flow to net income ratio indicates a robust ability to convert earnings into cash. However, free cash flow to net income ratio shows a slight decline, which could signal potential issues in sustaining cash flows at the same rate as earnings. Overall, cash flow generation is solid, supporting the company's operations and financial commitments.70
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 456.88M | 425.20M | 428.71M | 315.54M | 363.73M | 379.31M |
| Gross Profit | 132.20M | 138.48M | 146.21M | 154.78M | 104.86M | 97.69M |
| EBITDA | 15.58M | 21.22M | 18.67M | 78.04M | 24.52M | 25.72M |
| Net Income | 8.31M | 12.59M | 19.54M | 56.49M | 29.21M | 13.15M |
Balance Sheet | ||||||
| Total Assets | 383.09M | 371.27M | 330.56M | 277.62M | 229.47M | 187.34M |
| Cash, Cash Equivalents and Short-Term Investments | 131.29M | 104.81M | 108.00M | 99.06M | 94.90M | 36.99M |
| Total Debt | 9.01M | 9.25M | 309.00K | 250.00K | 0.00 | 1.45M |
| Total Liabilities | 195.93M | 191.72M | 146.05M | 103.97M | 118.68M | 101.26M |
| Stockholders Equity | 197.04M | 190.51M | 197.24M | 187.12M | 123.28M | 98.09M |
Cash Flow | ||||||
| Free Cash Flow | 36.00M | 62.70M | 53.45M | 79.67M | 66.87M | 22.95M |
| Operating Cash Flow | 43.47M | 70.74M | 62.48M | 80.68M | 66.99M | 23.12M |
| Investing Cash Flow | -16.14M | -16.04M | 13.64M | -49.32M | 2.69M | -3.03M |
| Financing Cash Flow | -12.54M | -15.75M | -15.16M | -25.52M | -5.67M | -15.19M |
Genie Energy Commo Technical Analysis
Negative
15.58
Price Trends
21.58
Negative
19.29
Negative
17.01
Negative
Market Momentum
-1.69
Positive
23.62
Positive
10.59
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GNE, the sentiment is Negative. The current price of 15.58 is below the 20-day moving average (MA) of 17.97, below the 50-day MA of 21.58, and below the 200-day MA of 17.01, indicating a bearish trend. The MACD of -1.69 indicates Positive momentum. The RSI at 23.62 is Positive, neither overbought nor oversold. The STOCH value of 10.59 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GNE.
Genie Energy Commo Risk Analysis
Genie Energy Commo disclosed 31 risk factors in its most recent earnings report. Genie Energy Commo reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Genie Energy Commo Peers Comparison
Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | $4.67B | 15.65 | 8.02% | 4.76% | 9.78% | -6.19% | |
68 Neutral | $5.97B | 29.17 | 6.36% | 2.84% | 10.23% | 114.67% | |
65 Neutral | $1.67B | 9.96 | 9.38% | 3.21% | -9.20% | -53.99% | |
65 Neutral | $1.28B | 4.16 | 21.45% | ― | 11.85% | ― | |
61 Neutral | $4.69B | 32.85 | 2.89% | 6.59% | -19.56% | -83.31% | |
55 Neutral | AU$1.99B | 8.65 | 5.71% | 4.04% | 22.75% | -115.56% | |
54 Neutral | $411.05M | 48.35 | 5.44% | 1.94% | 3.75% | 4.61% |
* Utilities Sector Average
Performance Comparison
GNE
Genie Energy Commo
15.58
-0.28
-1.77%
EDN
Edenor SA
24.48
6.79
38.38%
TXNM
TXNM Energy
56.55
17.07
43.24%
POR
Portland GE
42.50
-2.64
-5.85%
ENIC
Enel Chile SA
3.39
0.73
27.44%
CEPU
Central Puerto SA
10.98
2.54
30.09%
Genie Energy Commo Corporate Events
Dividends
Genie Energy Announces Q2 2025 Cash Dividend
Neutral
Aug 4, 2025
On August 4, 2025, Genie Energy Ltd. announced a cash dividend of $0.075 per share for its Class A and Class B common stock for the second quarter of 2025. The dividend is scheduled to be paid on or about August 19, 2025, to stockholders of record as of August 11, 2025, and will be treated as an ordinary dividend for tax purposes.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.