How to buy Genesis Energy (GNE) shares
Learn how to easily invest in Genesis Energy shares.
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Genesis Energy Limited is an utilities-independent power producers business based in Australia. Genesis Energy shares (GNE) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Genesis Energy has a trailing 12-month revenue of around $2.7 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Genesis Energy
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Genesis Energy . Find the share by name or ticker symbol: GNE. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Genesis Energy reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Genesis Energy . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Genesis Energy key stats
- Compare share trading platforms
- Is Genesis Energy stock a buy or sell?
- Genesis Energy performance over time
- Are Genesis Energy shares over-valued?
- Genesis Energy 's financials
- How volatile are Genesis Energy shares?
- Does Genesis Energy pay a dividend?
- Have Genesis Energy shares ever split?
- Other common questions
Genesis Energy stock price (ASX:GNE)Use our graph to track the performance of GNE stocks over time.
Genesis Energy shares at a glance
|52-week range||$2.3858 - $3.6186|
|50-day moving average||$3.2286|
|200-day moving average||$3.2894|
|Dividend yield||$0.173 (5.03%)|
|Earnings per share (TTM)||$0.082|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Genesis Energy stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Genesis Energy price performance over time
|1 month (2021-06-30)||3.15%|
|3 months (2021-04-30)||2.19%|
Is Genesis Energy under- or over-valued?
Valuing Genesis Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Genesis Energy 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Genesis Energy 's P/E ratio
Genesis Energy 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 40x. In other words, Genesis Energy shares trade at around 40x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Genesis Energy 's PEG ratio
Genesis Energy 's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.7215. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Genesis Energy 's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Genesis Energy 's EBITDA
Genesis Energy 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $381.6 million.
The EBITDA is a measure of a Genesis Energy 's overall financial performance and is widely used to measure a its profitability.
Genesis Energy financials
|Revenue TTM||$2.7 billion|
|Operating margin TTM||7.6%|
|Gross profit TTM||$355.6 million|
|Return on assets TTM||2.86%|
|Return on equity TTM||4.5%|
|Market capitalisation||$3.4 billion|
TTM: trailing 12 months
Genesis Energy share dividends
Dividend payout ratio: 196.68% of net profits
Recently Genesis Energy has paid out, on average, around 196.68% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.49% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Genesis Energy shareholders could enjoy a 4.49% return on their shares, in the form of dividend payments. In Genesis Energy 's case, that would currently equate to about A$0.173 per share.
Genesis Energy 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 16 March 2021 (the "ex-dividend date").
Have Genesis Energy 's shares ever split?
Genesis Energy 's shares were split on a 16:15 basis on 13 April 2015. So if you had owned 15 shares the day before before the split, the next day you'd have owned 16 shares. This wouldn't directly have changed the overall worth of your Genesis Energy shares – just the quantity. However, indirectly, the new 6.3% lower share price could have impacted the market appetite for Genesis Energy shares which in turn could have impacted Genesis Energy 's share price.
Genesis Energy share price volatility
Over the last 12 months, Genesis Energy 's shares have ranged in value from as little as $2.3858 up to $3.6186. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Genesis Energy 's is 0.5395. This would suggest that Genesis Energy 's shares are less volatile than average (for this exchange).
Genesis Energy overview
Genesis Energy Limited generates, trades in, and sells electricity to residential and business customers in New Zealand. The company generates electricity from thermal, hydro, and wind sources. Its Retail segment supplies energy, including electricity, gas, and LPG to end-users, as well as provides related services. The company's Wholesale segment engages in the supply of electricity to the wholesale electricity market; supply of gas and LPG to wholesale customers and retail segment; and purchase and sale of derivatives to fix the price of electricity. Its Kupe segment is involved in the exploration, development, and production of gas and petroleum products; and supply of gas and LPG to the wholesale segment, and light oil. The company's generation asset portfolio includes the Huntly power station with a generation capacity of 953 MW; Tongariro Power Scheme that comprises three power stations with a generation capacity of 361.8MW; Waikaremoana Power Scheme, which include three power stations with a generation capacity of 138 MW; and Tekapo Power Scheme with a generation capacity of 179 MW; and Hau Nui wind farm with 15 wind turbines. It sells electricity, natural gas, and LPG to approximately 500,000 customers under the Genesis Energy and Energy Online brands. Genesis Energy Limited also offers solar power products and bottled LPG; and property rental services. The company was formerly known as Genesis Power Limited and changed its name to Genesis Energy Limited in September 2013. Genesis Energy Limited was incorporated in 1998 and is based in Auckland, New Zealand.
Genesis Energy in the news
Are Institutions Heavily Invested In Genesis Energy Limited's (NZSE:GNE) Shares?
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