Commerce Energy Group, Inc. (CMNR) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Commerce Energy Group, Inc. (CMNR) trades at $0.0001 with AI Score 44/100 (Grade C). Commerce Energy Group Inc. supplies electric power and natural gas to residential, commercial, industrial, and institutional customers across multiple states. Sector: Utilities.
Price as of Jul 20, 2026 · Last analyzed: Mar 18, 2026Analyst Coverage for CMNR: CMNR does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CMNR against Utilities peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
CMNR: the 3 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Commerce Energy Group, Inc. (CMNR) Utility Operations & Dividend Profile
Commerce Energy Group Inc. provides electricity and natural gas to diverse customer segments across several states, operating within the competitive diversified utilities sector. The company, founded in 1997, faces challenges typical of OTC-listed energy providers, including market volatility and regulatory complexities, impacting its financial performance.
What Is the Investment Thesis for CMNR?
Investing in Commerce Energy Group Inc. (CMNR) presents a high-risk, high-reward scenario. The company's negative P/E ratio and profit margin of -6.9% indicate financial challenges. However, its presence in multiple states offers diversification. Growth catalysts include potential expansion into renewable energy markets and strategic partnerships to enhance service offerings. Key risks include regulatory changes, market volatility, and the inherent challenges of operating on the OTC market. Investors should closely monitor the company's ability to improve profitability and manage its operational costs. The company's beta of 1.43 suggests higher volatility compared to the market.
Based on FMP financials and quantitative analysis
CMNR Key Highlights
- Operates in 10 states, providing geographic diversification.
- Serves residential, commercial, industrial, and institutional customers, creating a balanced revenue stream.
- Gross margin of 12.3% indicates potential for improved profitability through cost management.
- Trades on the OTC market, presenting both opportunities and risks related to liquidity and transparency.
- Employs 200 people, reflecting a relatively lean operational structure.
Who Are CMNR's Competitors?
CMNR is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MNTK Montauk Renewables, Inc. | $1.59 | +1.27% | $226M | 41 |
| UTL Unitil Corporation | $54.32 | -0.42% | $977M | 50 |
| ELPC Companhia Paranaense de Energia (ELPC), also known as COPEL, | $11.71 | +1.21% | $2.17B | 55 |
| VETTF Vector Limited | $2.23 | -18.32% | $2.23B | 43 |
| HE Hawaiian Electric Industries, Inc. | $13.22 | -1.71% | $2.28B | 37 |
| CNUTF Canadian Utilities Limited 2ND PFD SER DD% | $14.52 | +0.00% | $2.98B | 48 |
| MGEE MGE Energy, Inc. | $81.05 | -1.15% | $3.06B | 88 |
| CSGEF China Suntien Green Energy Corporation Limited | $0.46 | +0.00% | $3.10B | 49 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CMNR's Key Strengths?
- Diversified customer base across residential, commercial, industrial, and institutional sectors.
- Geographic presence in multiple states.
- Established relationships with energy suppliers.
- Experience in navigating complex energy regulations.
What Are CMNR's Weaknesses?
- Negative profit margin indicates financial challenges.
- Reliance on wholesale energy markets exposes the company to price volatility.
- Limited brand recognition compared to larger competitors.
- OTC listing may limit access to capital.
What Could Drive CMNR Stock Higher?
- Potential expansion into renewable energy markets could attract new investors and customers.
- Strategic partnerships to enhance service offerings and expand customer base.
- Implementation of smart grid technologies to improve operational efficiency and reduce energy losses.
What Are the Key Risks for CMNR?
- Financial-distress signal — its Altman Z-Score of 0.68 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-57.6%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Changes in energy regulations could negatively impact the company's operations and profitability.
- Increased competition from larger energy providers could erode market share.
- Fluctuations in energy prices could affect the company's gross margins.
- Economic downturns could reduce customer demand for energy.
- OTC listing presents risks related to liquidity and transparency.
What Are the Growth Opportunities for CMNR?
- Expansion into Renewable Energy Markets: Commerce Energy Group can capitalize on the growing demand for renewable energy by investing in solar, wind, or other renewable energy projects. The renewable energy market is projected to grow significantly, driven by government incentives and increasing environmental awareness. This expansion would diversify the company's energy sources and attract environmentally conscious customers. Timeline: 2-3 years.
- Strategic Partnerships: Forming partnerships with technology companies or energy service providers can enhance Commerce Energy Group's service offerings and expand its customer base. For example, partnering with a smart home technology provider could allow the company to offer integrated energy management solutions. This would provide a competitive edge and attract customers seeking innovative energy solutions. Timeline: 1-2 years.
- Geographic Expansion: Commerce Energy Group can expand its operations into new states or regions where deregulation is creating opportunities for competitive energy providers. Identifying underserved markets and offering competitive pricing and reliable service can drive customer acquisition and revenue growth. This expansion would increase the company's market presence and reduce its reliance on existing markets. Timeline: 3-5 years.
- Enhanced Customer Service: Investing in customer service initiatives, such as online portals, mobile apps, and personalized energy advice, can improve customer satisfaction and retention. Providing excellent customer service can differentiate Commerce Energy Group from its competitors and build brand loyalty. This would lead to increased customer lifetime value and positive word-of-mouth referrals. Timeline: Ongoing.
- Smart Grid Technologies: Implementing smart grid technologies, such as advanced metering infrastructure (AMI) and real-time monitoring systems, can improve operational efficiency and reduce energy losses. These technologies enable better demand response management and optimize energy distribution. This would lower operating costs and improve the reliability of the company's energy supply. Timeline: 2-4 years.
What Opportunities Does CMNR Have?
- Expansion into renewable energy markets.
- Strategic partnerships with technology companies.
- Geographic expansion into new states.
- Implementation of smart grid technologies.
What Threats Does CMNR Face?
- Changes in energy regulations.
- Increased competition from larger energy providers.
- Fluctuations in energy prices.
- Economic downturns affecting customer demand.
What Are CMNR's Competitive Advantages?
- Established presence in multiple states provides geographic diversification.
- Diverse customer base reduces reliance on any single customer segment.
- Long-term relationships with energy suppliers ensure reliable supply.
- Expertise in navigating complex energy regulations provides a competitive advantage.
What Does CMNR Do?
Commerce Energy Group Inc., established in 1997 and headquartered in Costa Mesa, California, operates as a provider of electric power and natural gas. The company serves a broad customer base, including residential, commercial, industrial, and institutional clients. Its operational footprint spans several states, including California, Pennsylvania, Michigan, Maryland, New Jersey, Texas, Florida, Georgia, Nevada, and Ohio. Commerce Energy Group's core business involves procuring and distributing electricity and natural gas to its customers through various channels. The company navigates a complex regulatory landscape, complying with state and federal energy regulations. As a diversified utility company, Commerce Energy Group faces competition from both larger, established players and smaller, regional providers. The company's success depends on its ability to manage costs, maintain reliable service, and adapt to changing energy market dynamics. Its strategic focus includes optimizing its supply portfolio, enhancing customer service, and exploring opportunities for growth in emerging energy markets.
What Products and Services Does CMNR Offer?
- Provides electric power to residential customers.
- Supplies natural gas to commercial businesses.
- Offers energy solutions to industrial facilities.
- Serves institutional clients such as schools and hospitals.
- Operates in California, Pennsylvania, Michigan, and other states.
- Procures electricity and natural gas from various sources.
- Distributes energy through existing infrastructure networks.
How Does CMNR Make Money?
- Procures electricity and natural gas from wholesale markets.
- Sells energy to end-users at retail prices.
- Generates revenue through energy sales and service fees.
- Manages energy supply and demand to ensure reliability.
What Industry Does CMNR Operate In?
Commerce Energy Group Inc. operates within the diversified utilities sector, which is characterized by a mix of established players and smaller, regional providers. The industry is subject to significant regulatory oversight and is influenced by factors such as energy prices, environmental regulations, and technological advancements. The market is trending towards increased adoption of renewable energy sources and smart grid technologies. Competition is intense, with companies vying for market share by offering competitive pricing and value-added services. Commerce Energy Group's position in the market is challenged by its OTC listing and smaller market capitalization compared to larger competitors.
Who Are CMNR's Key Customers?
- Residential households requiring electricity and natural gas.
- Commercial businesses such as retail stores and offices.
- Industrial facilities with high energy consumption needs.
- Institutional clients including schools, hospitals, and government buildings.
Commerce Energy Group, Inc. (CMNR) Valuation Context
Relative to its peer group, CMNR's quantitative score of 44/100 is roughly in line with the peer average of 45/100.
ROE -58%Key Financial Metrics
Return on equity for Commerce Energy Group, Inc. stands at -57.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -26.1%, showing how much profit it generates from its asset base. A current ratio of 1.32 indicates the company holds enough short-term assets to cover its near-term obligations.
F-Score 2/9Financial Health
Commerce Energy Group, Inc.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 0.68 places it in the distress zone, a signal of elevated financial risk.
CMNR Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Diversified customer base across residential, commercial, industrial, and institutional sectors.
- Geographic presence in multiple states.
- Established relationships with energy suppliers.
- Experience in navigating complex energy regulations.
Bear Case
- Negative profit margin indicates financial challenges.
- Reliance on wholesale energy markets exposes the company to price volatility.
- Limited brand recognition compared to larger competitors.
- OTC listing may limit access to capital.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
CMNR Latest News
No recent news available for CMNR.
CMNR Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CMNR.
Price Targets
Wall Street price target analysis for CMNR.
CMNR MoonshotScore
What does this score mean?
The MoonshotScore rates CMNR 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
CMNR OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Commerce Energy Group Inc. may not meet the minimum financial standards or disclosure requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial reporting and may not be subject to the same level of regulatory scrutiny as companies listed on major exchanges like the NYSE or NASDAQ. This tier is often associated with higher risk and requires careful due diligence by investors.
- OTC Tier: OTC Other
- Limited financial disclosure increases information asymmetry.
- Lower trading volumes can lead to price volatility.
- Wider bid-ask spreads increase transaction costs.
- OTC listing may limit access to capital and financing options.
- Potential for delisting or suspension of trading.
- Verify the company's financial statements and SEC filings (if any).
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's legal and regulatory compliance.
- Monitor trading volumes and price volatility.
- Understand the risks associated with OTC investing.
- Consult with a financial advisor before investing.
- Company has been in operation since 1997.
- Serves a diverse customer base across multiple states.
- Operates in a regulated industry, requiring compliance with energy regulations.
- Employs 200 people.
Common Questions About CMNR (Utilities)
What does the AI Score mean for CMNR?
CMNR holds an AI Score of 44/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. Commerce Energy Group Inc. supplies electric power and natural gas to residential, commercial, industrial, and institutional customers across multiple states. Founded in 1997 and based in Costa …
What does Commerce Energy Group, Inc. do?
Commerce Energy Group Inc. operates as an energy provider, supplying electricity and natural gas to residential, commercial, industrial, and institutional customers across several states. The company procures energy from wholesale markets and distributes it to end-users. Its business model focuses on managing energy supply and demand, ensuring reliable service, and providing competitive pricing to attract and retain customers.
What do analysts say about CMNR stock?
As of March 18, 2026, formal analyst ratings for Commerce Energy Group Inc. (CMNR) are unavailable due to its OTC market listing and smaller market capitalization. Investors should focus on fundamental analysis, monitoring financial metrics such as revenue growth, gross margin, and operating expenses.
What are the main risks for CMNR?
Commerce Energy Group Inc. faces several risks, including regulatory changes, market volatility, and increased competition. Changes in energy regulations could increase compliance costs or limit the company's operational flexibility. Fluctuations in energy prices can affect gross margins and profitability. Increased competition from larger energy providers could erode market share.
What are the key factors to evaluate for CMNR?
Commerce Energy Group, Inc. (CMNR) holds an AI score of 44/100 (low). Not financial advice.
How frequently does CMNR data refresh on this page?
CMNR's price was last updated on Jul 20, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven CMNR's recent stock price performance?
Commerce Energy Group, Inc. (CMNR) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified customer base across residential, commercial, industrial, and institutional sectors. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider CMNR overvalued or undervalued right now?
Commerce Energy Group, Inc. (CMNR) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research CMNR before investing?
Before investing in Commerce Energy Group, Inc. (CMNR), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited information available for OTC-listed companies.
- Financial data may not be as comprehensive as for exchange-listed companies.