Spark Energy, Inc. (NASDAQ:SPKE) is expected to pay $0.36 on Dec 14, 2016. The indicated annual dividend is $1.45. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on Spark Energy, Inc.’s current price of $25.55, the dividend is 1.42%. This dividend’s record date is Dec 1, 2016 and the announcement date is Oct 27, 2016. The stock increased 0.99% or $0.25 on November 25, hitting $25.55. Spark Energy Inc (NASDAQ:SPKE) has risen 14.06% since April 25, 2016 and is uptrending. It has outperformed by 8.05% the S&P500.
Spark Energy, Inc. is an independent retail energy services company. The company has a market cap of $431.45 million. The Firm provides residential and commercial clients in United States with an alternative for their natural gas and electricity. It has a 24.79 P/E ratio. The Firm operates in two divisions: Retail Natural Gas Segment and Retail Electricity Segment.
Insitutional Activity: The institutional sentiment decreased to 1.67 in 2016 Q2. Its down 1.47, from 3.14 in 2016Q1. The ratio dropped, as 5 funds sold all Spark Energy Inc shares owned while 17 reduced positions. 34 funds bought stakes while 35 increased positions. They now own 8.94 million shares or 44.01% more from 6.21 million shares in 2016Q1.
Lucus Advsr has 10,631 shares for 0.29% of their US portfolio. Spark Invest Mgmt Limited Liability Company has 0.43% invested in the company for 139,300 shares. Globeflex Capital Limited Partnership has 0.51% invested in the company for 56,881 shares. Strs Ohio has 0% invested in the company for 17,300 shares. Massachusetts Fin Services Communications Ma last reported 17,421 shares in the company. Martingale Asset Mgmt L P last reported 0.02% of its portfolio in the stock. Bard Assoc holds 1.69% or 96,520 shares in its portfolio. Blackrock Group owns 28,947 shares or 0% of their US portfolio. Price T Rowe Associate Md owns 9,300 shares or 0% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in the company for 2,500 shares. The Texas-based Dimensional Fund Advisors L P has invested 0% in Spark Energy Inc (NASDAQ:SPKE). Blackrock Institutional Tru Na owns 222,567 shares or 0% of their US portfolio. Fincl Bank Of Montreal Can last reported 5,274 shares in the company. Wellington Management Grp Limited Liability Partnership holds 7,572 shares or 0% of its portfolio. Jacobs Levy Equity Mgmt has invested 0.02% of its portfolio in Spark Energy Inc (NASDAQ:SPKE).
Insider Transactions: Since May 31, 2016, the stock had 12 buys, and 3 selling transactions for $8.45 million net activity. Melman Gil had bought 550 shares worth $14,922. Maxwell W Keith III also sold $3.39M worth of Spark Energy Inc (NASDAQ:SPKE) on Tuesday, May 31. $10,031 worth of Spark Energy Inc (NASDAQ:SPKE) was bought by LANE ROBERT LAWRENCE on Monday, November 14. $26,200 worth of Spark Energy Inc (NASDAQ:SPKE) shares were bought by Hartwick Kenneth Michael. Kroeker Nathan bought $2,634 worth of Spark Energy Inc (NASDAQ:SPKE) on Monday, November 14. On Tuesday, November 15 the insider Garrett Jason K. bought $4,959. 1,000 shares with value of $26,510 were bought by Jones James G II on Monday, November 14.
Spark Energy Inc (NASDAQ:SPKE) Ratings Coverage
Out of 5 analysts covering Spark Energy (NASDAQ:SPKE), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. Spark Energy has been the topic of 11 analyst reports since August 18, 2015 according to StockzIntelligence Inc. FBR Capital initiated the stock with “Outperform” rating in Tuesday, April 26 report. The firm has “Buy” rating given on Thursday, September 24 by Janney Capital. The stock of Spark Energy Inc (NASDAQ:SPKE) earned “Outperform” rating by FBR Capital on Friday, May 6. The firm earned “Buy” rating on Thursday, April 7 by Wunderlich. The firm has “Buy” rating by Wunderlich given on Friday, May 6. As per Friday, August 19, the company rating was initiated by Ladenburg Thalmann. The stock of Spark Energy Inc (NASDAQ:SPKE) has “Neutral” rating given on Wednesday, February 3 by Robert W. Baird. The firm has “Hold” rating by Wunderlich given on Thursday, December 24. On Friday, August 12 the stock rating was maintained by Wunderlich with “Buy”. As per Friday, June 10, the company rating was downgraded by Janney Capital.
SPKE Company Profile
Spark Energy, Inc., incorporated on April 22, 2014, is an independent retail energy services company. The Firm provides residential and commercial clients in the United States with an alternative for their natural gas and electricity. The Firm operates in two divisions: Retail Natural Gas Segment and Retail Electricity Segment. It operates in approximately 50 utility service territories across over 20 states and has approximately 328,000 residential clients and over 19,000 commercial customers, which translates to approximately 415,000 renewable energy credits (RCEs). The Firm serves natural gas clients in over 10 states, including Arizona, California, Colorado, Connecticut, Florida, Illinois, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, Ohio and Pennsylvania, and electricity clients in over nine states, including Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio, Pennsylvania and Texas.
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