Genie Energy (GNE) Projected to Release Quarterly Earnings on Thursday

Genie Energy (NYSE:GNE) is expected to be releasing its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of $0.25 per share and revenue of $104.57 million for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 8:30 AM ET.

Genie Energy (NYSE:GNE) last issued its earnings results on Thursday, May 14th. The oil and gas producer reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.04. The firm had revenue of $142.31 million during the quarter, compared to analyst estimates of $114.23 million. Genie Energy had a net margin of 3.22% and a return on equity of 9.72%.

Genie Energy Trading Down 1.8%

NYSE GNE opened at $14.06 on Thursday. The company’s 50-day moving average price is $14.15 and its 200-day moving average price is $14.13. The company has a current ratio of 2.54, a quick ratio of 2.44 and a debt-to-equity ratio of 0.03. The stock has a market cap of $371.18 million, a PE ratio of 28.69 and a beta of 0.19. Genie Energy has a 12 month low of $12.69 and a 12 month high of $20.93.

Genie Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Friday, May 22nd were issued a dividend of $0.075 per share. The ex-dividend date was Friday, May 22nd. This represents a $0.30 dividend on an annualized basis and a yield of 2.1%. Genie Energy’s dividend payout ratio (DPR) is presently 61.22%.

Hedge Funds Weigh In On Genie Energy

Several institutional investors have recently made changes to their positions in the company. J. Goldman & Co LP raised its holdings in shares of Genie Energy by 325.4% in the fourth quarter. J. Goldman & Co LP now owns 805,317 shares of the oil and gas producer’s stock valued at $11,097,000 after acquiring an additional 616,017 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new position in Genie Energy during the 3rd quarter worth about $4,546,000. JPMorgan Chase & Co. grew its holdings in Genie Energy by 362.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 145,845 shares of the oil and gas producer’s stock worth $3,920,000 after acquiring an additional 114,283 shares in the last quarter. Victory Capital Management Inc. increased its position in Genie Energy by 1,040.2% during the 3rd quarter. Victory Capital Management Inc. now owns 104,538 shares of the oil and gas producer’s stock valued at $1,563,000 after purchasing an additional 95,370 shares during the period. Finally, Bank of America Corp DE increased its position in Genie Energy by 336.8% during the 2nd quarter. Bank of America Corp DE now owns 88,063 shares of the oil and gas producer’s stock valued at $2,367,000 after purchasing an additional 67,901 shares during the period. Hedge funds and other institutional investors own 49.15% of the company’s stock.

Analyst Ratings Changes

GNE has been the subject of several research reports. Freedom Capital raised shares of Genie Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 15th. Weiss Ratings raised shares of Genie Energy from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 18th. Finally, Wall Street Zen downgraded shares of Genie Energy from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

About Genie Energy

Genie Energy Ltd. (NYSE: GNE) is a diversified energy holding company that operates through two primary segments: upstream oil and natural gas exploration and retail energy supply. Its exploration arm, Genie Energy E&P, pursues development of oil shale resources and conventional hydrocarbon deposits, holding licenses for projects in regions such as Israel’s Shefela basin and Jordan’s oil shale formations. The division also explores select opportunities in North America, leveraging technical partnerships to advance resource evaluation and pilot production programs.

Genie Retail Energy provides electricity and natural gas to residential and small commercial customers under regulated and deregulated frameworks.