Genie Energy (GNE) Expected to Post Quarterly Earnings on Thursday

Genie Energy (NYSE:GNE) is projected to release 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 may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 8:30 AM ET.

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

Genie Energy Stock Performance

Shares of GNE stock opened at $14.16 on Tuesday. Genie Energy has a one year low of $12.69 and a one year high of $20.93. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.44 and a current ratio of 2.54. The stock has a market capitalization of $373.74 million, a price-to-earnings ratio of 28.89 and a beta of 0.20. The company’s 50-day simple moving average is $14.17 and its 200-day simple moving average is $14.13.

Genie Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Friday, May 22nd were issued a $0.075 dividend. The ex-dividend date of this dividend 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 currently 61.22%.

Institutional Investors Weigh In On Genie Energy

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Genie Energy by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 1,208,916 shares of the oil and gas producer’s stock valued at $18,073,000 after buying an additional 13,567 shares during the last quarter. J. Goldman & Co LP grew its holdings in shares of Genie Energy by 325.4% during the fourth quarter. J. Goldman & Co LP now owns 805,317 shares of the oil and gas producer’s stock worth $11,097,000 after purchasing an additional 616,017 shares during the last quarter. State Street Corp raised its position in Genie Energy by 9.7% in the 4th quarter. State Street Corp now owns 523,427 shares of the oil and gas producer’s stock worth $7,213,000 after purchasing an additional 46,344 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in shares of Genie Energy during the third quarter worth approximately $4,546,000. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Genie Energy by 21.9% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 179,178 shares of the oil and gas producer’s stock worth $2,679,000 after purchasing an additional 32,205 shares during the last quarter. 49.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have commented on GNE. Freedom Capital upgraded Genie Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 15th. Weiss Ratings raised Genie Energy from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 18th. Finally, Wall Street Zen lowered Genie Energy from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Genie Energy has an average rating of “Buy”.

Genie Energy Company Profile

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.