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GNE - Genie Energy: Attractively Priced With Solar Energy Upside
May, 31 2024 12:37 PM
Genie Energy Ltd. Class B Stock
2024-05-31 12:37:43 ET
Summary 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.
Investment Thesis For further details see:
Genie Energy: Attractively Priced With Solar Energy Upside
Stock Information
Company Name:
Genie Energy Ltd. Class B Stock
Stock Symbol:
GNE
Market:
NYSE
Website:
genie.com
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