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Genie Energy

DB:6GE
Snowflake Description

Excellent balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
6GE
DB
$188M
Market Cap
  1. Home
  2. DE
  3. Utilities
Company description

Genie Energy Ltd., through its subsidiaries, operates as a retail energy provider, and an oil and gas exploration company. The last earnings update was 14 days ago. More info.


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6GE Share Price and Events
7 Day Returns
6.7%
DB:6GE
4.3%
Europe Electric Utilities
7.3%
DE Market
1 Year Returns
-15.1%
DB:6GE
-2.4%
Europe Electric Utilities
-17.7%
DE Market
6GE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Genie Energy (6GE) 6.7% 2.4% -9.3% -15.1% -7.7% -14%
Europe Electric Utilities 4.3% -17% -14% -2.4% 19.4% -2.1%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • 6GE underperformed the Electric Utilities industry which returned -2.4% over the past year.
  • 6GE outperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
6GE
Industry
5yr Volatility vs Market
Related Companies

6GE Value

 Is Genie Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Genie Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Genie Energy.

DB:6GE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in USD $ .300000
Payout Ratio Company Filings (2019-12-31) 4140.1%
Discount Rate (Cost of Equity) See below 4%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:6GE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Electric Utilities Unlevered Beta Simply Wall St/ S&P Global 0.25
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.252 (1 + (1- 21%) (3.59%))
0.504
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.8 * 5.44%)
3.96%

Discounted Cash Flow Calculation for DB:6GE using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Genie Energy is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:6GE Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $0.3 / (3.96% - -0.39%)
$5.48
DB:6GE Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:6GE represents 0.89185x of NYSE:GNE
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.89185x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 6.89 x 0.89185
€6.15
Value per share (EUR) From above. €6.15
Current discount Discount to share price of €6.35
= -1 x (€6.35 - €6.15) / €6.15
-3.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Genie Energy is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Genie Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Genie Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:6GE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.10
NYSE:GNE Share Price ** NYSE (2020-03-30) in USD $7.12
Europe Electric Utilities Industry PE Ratio Median Figure of 76 Publicly-Listed Electric Utilities Companies 10.06x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Genie Energy.

DB:6GE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:GNE Share Price ÷ EPS (both in USD)

= 7.12 ÷ 0.10

70.32x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Genie Energy is overvalued based on earnings compared to the Europe Electric Utilities industry average.
  • Genie Energy is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Genie Energy's expected growth come at a high price?
Raw Data
DB:6GE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 70.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
67.5%per year
Europe Electric Utilities Industry PEG Ratio Median Figure of 37 Publicly-Listed Electric Utilities Companies 1.48x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

DB:6GE PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 70.32x ÷ 67.5%

1.04x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Genie Energy is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Genie Energy's assets?
Raw Data
DB:6GE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $2.85
NYSE:GNE Share Price * NYSE (2020-03-30) in USD $7.12
Europe Electric Utilities Industry PB Ratio Median Figure of 87 Publicly-Listed Electric Utilities Companies 0.77x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:6GE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:GNE Share Price ÷ Book Value per Share (both in USD)

= 7.12 ÷ 2.85

2.5x

* Primary Listing of Genie Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Genie Energy is overvalued based on assets compared to the Europe Electric Utilities industry average.
X
Value checks
We assess Genie Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electric Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electric Utilities industry average (and greater than 0)? (1 check)
  5. Genie Energy has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

6GE Future Performance

 How is Genie Energy expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
67.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Genie Energy expected to grow at an attractive rate?
  • Genie Energy's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Genie Energy's earnings growth is expected to exceed the Germany market average.
  • Genie Energy's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:6GE Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:6GE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 67.5%
DB:6GE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 9.5%
Europe Electric Utilities Industry Earnings Growth Rate Market Cap Weighted Average 9.3%
Europe Electric Utilities Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:6GE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:6GE Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 381 23 13 1
2020-12-31 343 17 7 1
2020-03-30
DB:6GE Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 315 16 3
2019-09-30 296 15 15
2019-06-30 282 11 16
2019-03-31 278 18 21
2018-12-31 280 19 21
2018-09-30 291 26 9
2018-06-30 288 25 4
2018-03-31 282 14 -7
2017-12-31 264 9 -8
2017-09-30 243 7 -10
2017-06-30 230 -1 -42
2017-03-31 225 10 -27

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Genie Energy's earnings are expected to grow significantly at over 20% yearly.
  • Genie Energy's revenue is expected to grow by 9.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:6GE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Genie Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:6GE Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.46 0.46 0.46 1.00
2020-12-31 0.25 0.25 0.25 1.00
2020-03-30
DB:6GE Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.10
2019-09-30 0.57
2019-06-30 0.60
2019-03-31 0.82
2018-12-31 0.85
2018-09-30 0.36
2018-06-30 0.16
2018-03-31 -0.29
2017-12-31 -0.36
2017-09-30 -0.41
2017-06-30 -1.83
2017-03-31 -1.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Genie Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Genie Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Genie Energy has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

6GE Past Performance

  How has Genie Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Genie Energy's growth in the last year to its industry (Electric Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Genie Energy has delivered over 20% year on year earnings growth in the past 5 years.
  • Genie Energy's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Genie Energy's 1-year earnings growth is negative, it can't be compared to the Europe Electric Utilities industry average.
Earnings and Revenue History
Genie Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Genie Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:6GE Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 315.29 2.69 72.47 0.21
2019-09-30 296.10 15.00 71.87 0.15
2019-06-30 282.23 15.67 64.72 0.11
2019-03-31 277.66 21.22 61.91 0.05
2018-12-31 280.31 21.30 63.49 0.04
2018-09-30 290.62 8.89 66.06
2018-06-30 288.25 3.75 72.37
2018-03-31 282.07 -6.90 82.67
2017-12-31 264.20 -8.48 85.00
2017-09-30 242.65 -9.51 81.89 -0.48
2017-06-30 230.32 -42.42 77.94 -0.48
2017-03-31 224.64 -27.09 69.61 -0.40
2016-12-31 212.11 -26.01 67.66 -0.27
2016-09-30 205.17 -28.98 70.52 0.53
2016-06-30 201.00 6.00 71.69 0.94
2016-03-31 197.51 -1.26 72.08 1.41
2015-12-31 213.06 -8.94 72.59 1.99
2015-09-30 218.17 -15.58 71.97 3.17
2015-06-30 211.37 -22.88 74.98 4.25
2015-03-31 219.11 -23.19 71.66 5.05
2014-12-31 280.96 -27.90 68.65 5.54
2014-09-30 292.42 -17.88 63.06 7.69
2014-06-30 317.87 -11.37 55.29 8.85
2014-03-31 324.19 -12.40 52.98 10.09
2013-12-31 279.17 -7.13 54.58 7.36
2013-09-30 277.51 -4.54 51.00 9.96
2013-06-30 269.59 -8.87 53.53 9.57
2013-03-31 257.29 -5.91 54.36 9.76

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Genie Energy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Genie Energy used its assets less efficiently than the Europe Electric Utilities industry average last year based on Return on Assets.
  • Genie Energy has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Genie Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electric Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Genie Energy has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

6GE Health

 How is Genie Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Genie Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Genie Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Genie Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Genie Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 26.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Genie Energy Company Filings, last reported 2 months ago.

DB:6GE Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 80.93 4.33 31.24
2019-09-30 87.78 3.42 38.83
2019-06-30 88.71 3.43 32.95
2019-03-31 98.37 3.43 37.54
2018-12-31 92.66 3.44 41.60
2018-09-30 78.95 2.51 45.92
2018-06-30 73.69 2.51 43.18
2018-03-31 71.70 2.51 36.71
2017-12-31 67.13 2.51 29.91
2017-09-30 69.26 2.51 29.39
2017-06-30 68.86 2.51 33.43
2017-03-31 82.75 1.16 35.97
2016-12-31 79.87 0.71 35.19
2016-09-30 81.41 0.00 42.30
2016-06-30 121.49 2.00 47.76
2016-03-31 120.95 2.00 46.77
2015-12-31 114.70 2.00 47.64
2015-09-30 116.10 0.00 57.21
2015-06-30 113.12 0.00 60.69
2015-03-31 116.13 0.00 60.70
2014-12-31 119.34 0.00 76.56
2014-09-30 129.94 0.00 90.90
2014-06-30 107.02 0.00 69.53
2014-03-31 110.61 0.00 48.08
2013-12-31 116.34 0.00 78.23
2013-09-30 116.31 0.00 77.59
2013-06-30 113.58 0.00 80.95
2013-03-31 118.66 0.00 80.32
  • Genie Energy's level of debt (5.3%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Genie Energy's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (364%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 124.7x coverage).
X
Financial health checks
We assess Genie Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Genie Energy has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

6GE Dividends

 What is Genie Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.21%
Current annual income from Genie Energy dividends.
If you bought €2,000 of Genie Energy shares you are expected to receive €84 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Genie Energy's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.7%).
  • Genie Energy's dividend is below the markets top 25% of dividend payers in Germany (4.97%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:6GE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Electric Utilities Industry Average Dividend Yield Market Cap Weighted Average of 50 Stocks 4.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:6GE Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-03-30
DB:6GE Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-03-12 0.300 4.754
2019-11-08 0.300 3.917
2019-08-05 0.300 4.080
2019-05-06 0.300 2.941
2019-03-07 0.300 3.558
2018-11-09 0.300 4.001
2018-11-05 0.300 4.724
2018-08-06 0.300 5.425
2018-05-10 0.300 5.545
2018-05-03 0.300 5.908
2018-03-08 0.300 6.735
2017-11-02 0.300 6.564
2017-08-03 0.300 4.893
2017-05-10 0.300 4.117
2017-05-03 0.300 3.994
2017-03-08 0.300 4.369
2016-11-03 0.240 4.132
2016-08-09 0.240 4.018
2016-08-04 0.240 3.519
2016-05-04 0.240 3.409
2016-01-22 0.240 2.952
2015-11-09 0.000 0.000
2015-11-04 0.000 0.000
2015-08-10 0.000 0.000
2015-08-06 0.000 0.000
2015-05-05 0.240 2.156
2015-03-11 0.240 2.693
2014-11-12 0.240 3.692
2014-05-12 0.000 0.000
2014-05-07 0.000 0.000
2014-03-17 0.000 0.000
2013-11-12 0.000 0.000
2013-11-06 0.000 0.000
2013-08-09 0.000 0.000
2013-08-08 0.000 0.000
2013-05-10 0.000 0.000
2013-05-07 0.000 0.000
2013-01-16 0.000 0.000
2012-11-14 0.000 0.000
2012-11-13 0.000 0.000
2012-08-09 0.000 0.000
2012-05-10 0.200 2.686
2012-03-13 0.200 2.246
2011-12-09 0.200 2.195

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Genie Energy has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Genie Energy only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of Genie Energy's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Genie Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Genie Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Genie Energy has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

6GE Management

 What is the CEO of Genie Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Michael Stein
COMPENSATION $1,682,976
AGE 35
TENURE AS CEO 2.3 years
CEO Bio

Mr. Michael M. Stein has been Chief Executive Officer of Genie Energy Ltd. since November 1, 2017. Mr. Stein serves as the Chief Executive Officer at Diversegy, LLC. He served as the Chief Operating Officer of Genie Energy Ltd from March 2017 to November 2017. Mr. Stein has been Chief Executive Officer of Genie Retail Energy at Genie Energy Ltd. since May 2015. He served as an Executive Vice President at Genie Energy Ltd. since May 2014 until March 2017 and served as its Senior Vice President of Operations from January 2014 to May 2014. He served as Senior Vice President of Business Development at IDT Telecom from July 2012 to January 2014. From June 2007 to January 2009, he was an analyst at Belstar Investment Management. Mr. Stein served as communal leader at the Riverdale Jewish Center in Bronx, New York. He serves as an Executive Chairman of Retail Energy Holdings. He serves as a trustee of the Etzion Foundation and Agunot. Mr. Stein received his BA in Psychology from Yeshiva University.

CEO Compensation
  • Michael's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Michael's remuneration is higher than average for companies of similar size in Germany.
Management Team

Michael Stein

TITLE
Chief Executive Officer
COMPENSATION
$2M
AGE
35
TENURE
2.3 yrs

Avi Goldin

TITLE
Chief Financial Officer
COMPENSATION
$877K
AGE
42
TENURE
8.6 yrs

Joyce Mason

TITLE
Corporate Secretary
AGE
60

Effie Eitam

TITLE
President of Genie Oil & Gas

Alan Schwab

TITLE
President & COO of Genie Retail Energy
Board of Directors Tenure

Average tenure and age of the Genie Energy board of directors in years:

8.5
Average Tenure
65
Average Age
  • The tenure for the Genie Energy board of directors is about average.
Board of Directors

Howard Jonas

TITLE
Chairman of the Board
COMPENSATION
$377K
AGE
63
TENURE
9.2 yrs

Jim Courter

TITLE
Vice Chairman of the Board
COMPENSATION
$125K
AGE
78
TENURE
8.6 yrs

Wes Perry

TITLE
Lead Independent Director
COMPENSATION
$63K
AGE
63

Alan Rosenthal

TITLE
Independent Director
COMPENSATION
$63K
AGE
65
TENURE
8.4 yrs

Allan Sass

TITLE
Independent Director
COMPENSATION
$63K
AGE
80
TENURE
8.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
16. Dec 19 Sell Avi Goldin Individual 16. Dec 19 16. Dec 19 -4,773 €7.27 €-34,720
27. Nov 19 Sell Alan Rosenthal Individual 26. Nov 19 26. Nov 19 -5,000 €7.44 €-37,220
08. Aug 19 Buy James Courter Individual 07. Aug 19 08. Aug 19 56,649 €6.26 €354,205
X
Management checks
We assess Genie Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Genie Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

6GE News

Simply Wall St News

6GE Company Info

Description

Genie Energy Ltd., through its subsidiaries, operates as a retail energy provider, and an oil and gas exploration company. The company operates through four segments: Genie Retail Energy (GRE); GRE International; Genie Energy Services; and Genie Oil and Gas, Inc. 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. The company also engages in the provision of energy advisory and brokerage services; and solar panel manufacturing, and solar installation design and project management activities. In addition, it holds an 86.1% interest in the southern portion of the Golan Heights in Northern Israel, as well as owns an interest in a contracted drilling services operation. Genie Energy Ltd. is headquartered in Newark, New Jersey.

Details
Name: Genie Energy Ltd.
6GE
Exchange: DB
Founded:
$169,972,409
26,337,742
Website: http://www.genie.com
Address: Genie Energy Ltd.
520 Broad Street,
Newark,
New Jersey, 07102,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE GNE Class B Common Stock New York Stock Exchange US USD 27. Oct 2011
DB 6GE Class B Common Stock Deutsche Boerse AG DE EUR 27. Oct 2011
LSE 0IUS Class B Common Stock London Stock Exchange GB USD 27. Oct 2011
NYSE GNE.PRA PFD-2012-A New York Stock Exchange US USD 24. Oct 2012
Number of employees
Current staff
Staff numbers
286
Genie Energy employees.
Industry
Electric Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 23:16
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/13
Last earnings filing: 2020/03/16
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.