How to Buy Genie Energy Stock
Genie Energy Ltd
Genie Energy is a regulated electric utility company located in New Jersey, United States, which is part of the Utilities sector, and is traded under the ticker GNE on the NYSE exchange.
Genie Energy stock last closed at $14.84, down 1.26% from the previous day, and has decreased 7.83% in one year. It has underperformed other stocks in the Utilities - Regulated Electric industry by 0.27 percentage points. Genie Energy stock is currently +13.72% from its 52-week low of $13.05, and -17.23% from its 52-week high of $17.93.
At the moment, there are 27.01M GNE shares outstanding. The market capitalization of GNE is $400.82M. In the last 24 hours, 39,429 GNE shares were traded.
How to Buy Genie Energy Stock
Not sure how to invest in Genie Energy stock? Here's how.
- Choose where to buy Genie Energy stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Genie Energy stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your payment method and add your information.
- Evaluate Genie Energy stock: The Genie Energy ticker symbol is GNE. Is Genie Energy stock a good investment? Should you buy shares of GNE? How do GNE's underlying business fundamentals look? Do top analysts think Genie Energy is a good buy? Why has GNE's stock price moved recently? (Hint: Our stock research tools can help you decide if GNE is a good stock to buy).
- Make your GNE buy order: Decide if you will purchase GNE shares at the current market price or use a limit order to buy GNE stock at a specific price.
- Track your GNE position: Create a watchlist to track your new investment in Genie Energy shares.
Step 1: Choose where to buy Genie Energy stock
You will need an online brokerage account to access the NYSE market and buy GNE shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal info so you are able to invest in GNE today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create your new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on app for stock market, your next step is to transfer the money for your investment:
Check out the video below if you need help depositing money into your investment account.
Step 4: Evaluate Genie Energy stock
Once you have figured out the best place to buy Genie Energy stock, it's critical to evaluate their stock before you buy, so you truly comprehend the risk as well as the opportunity.
Overview of key GNE info
Genie Energy Fundamentals
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on GNE's stock page.
Is GNE stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge GNE's true value.
Using relative valuations ratios:
- GNE could be overvalued based on its P/E ratio of 31.57x, relative to Utilities - Regulated Electric industry P/E ratio of 20.27x
- GNE may be overvalued based on its P/B ratio of 2.1x, relative to Utilities - Regulated Electric industry P/B ratio of 1.89x
- GNE may be overvalued based on its PEG ratio of 1.19x
You can do more valuation research on GNE's stock here.
GNE Financial Summary
Passed Health Checks:
- GNE's operating cash flow of $70.74M allows it to safely service it's debt of $8.67M.
- There are more short-term assets than short-term liabilities on the GNE balance sheet.
- There are more short-term assets than long-term liabilities on the GNE balance sheet.
- GNE earnings of $17.72M is not enough to cover its interest payments.
Failed Health Checks:
- GNE has a relatively high debt to equity ratio of 1.01.
- GNE profit margin has gone down from 4.5% to 3% in the past year.
- Total GNE debt is higher than 5 years ago, relative to shareholder equity.
GNE Trading Indicators
GNE Growth Numbers
Last year, GNE earnings were $12.59M. Over the past 5 year, GNE's earnings have increased by 36.28% per year. This was faster than the Utilities - Regulated Electric industry average of 3.11%.
Last year, GNE revenue was $425.20M. During the last five year, GNE's revenue has increased by 6.16% per year. This was faster than the Utilities - Regulated Electric industry average of 3.48%.
You can analyze GNE's earnings and revenue performance here.
Latest Insiders Trades at GNE
In the last 12 months, insiders at GNE have bought more shares than they have sold.
Avi Goldin, CFO of GNE, was the latest GNE insider to sell. They sold $69,076.77 worth of GNE shares on Feb 10, 2025.
Learn more about who owns GNE stock here.
Does GNE provide a stable income stream?
Genie Energy pays a dividend of 2.06%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3%. If you owned $1,000 worth of GNE stock, you would have been paid $20.55 last year.
Genie Energy dividend payments have consistently grown over the past decade but have not remained stable.
Find more info about Genie Energy dividend yield and history here.
Get analysis from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your GNE buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, use a limit order.
Click the Open button and eToro will execute the order.
If you want more assistance buying stocks on eToro, watch the helpful video below:
Step 6: Track your GNE position
Now that you own some GNE stock, you'll want to stay up-to-date on your new investment.
Start a watchlist to see the latest developments about your GNE stock.
GNE Feed
How to Buy Stock in Genie Energy
To summarize, here are the 6 steps for buying Genie Energy stock:
- Choose where to buy Genie Energy stock
- Create a brokerage account
- Deposit money your investment account
- Evaluate Genie Energy stock
- Make your GNE buy order
- Track your GNE position
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Genie Energy, hit the button below to create your watchlist.
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