Genie Energy (GNE) Expected to Release Earnings on Thursday

Key Points

• Genie Energy is expected to report Q3 2026 results before the market opens on Thursday, November 5, with analysts forecasting earnings of $0.39 per share and revenue of $122 million. The earnings call is scheduled for 8:30 a.m. ET.
• In its previous quarter, Genie Energy reported adjusted earnings of $0.43 per share, beating estimates of $0.25, while revenue of $100.4 million fell short of expectations.
• The company recently declared a quarterly dividend of $0.075 per share, equivalent to an annualized dividend of $0.30 and a 1.8% yield. Analyst sentiment remains mixed, with the stock carrying an overall “Hold” rating.

Genie Energy (NYSE:GNE - Get Free Report) is expected to announce its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Genie Energy to announce earnings of $0.39 per share and revenue of $122.00 million for the quarter. Parties can check the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Genie Energy (NYSE:GNE - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The oil and gas producer reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.18. Genie Energy had a return on equity of 12.80% and a net margin of 5.05%. The firm had revenue of $100.40 million during the quarter, compared to analysts' expectations of $104.57 million.

Genie Energy Stock Down 1.3%

Shares of GNE stock opened at $16.53 on Thursday. The stock's fifty day moving average price is $16.02 and its 200 day moving average price is $14.62. Genie Energy has a 1-year low of $12.69 and a 1-year high of $17.11. The company has a market cap of $435.10 million, a price-to-earnings ratio of 20.41 and a beta of 0.16. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.89 and a quick ratio of 2.75.

Genie Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 24th. Shareholders of record on Friday, August 14th were issued a $0.0750 dividend. This represents a $0.30 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, August 14th. Genie Energy's dividend payout ratio (DPR) is currently 37.04%.

Wall Street Analyst Weigh In

GNE has been the topic of a number of research analyst reports. Freedom Capital lowered Genie Energy from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 10th. Weiss Ratings restated a "hold (c)" rating on shares of Genie Energy in a report on Monday, September 14th. Finally, Wall Street Zen raised shares of Genie Energy from a "hold" rating to a "buy" rating in a research report on Saturday, October 17th. Two analysts have rated the stock with a Hold rating. According to data from MarketBeat, Genie Energy currently has an average rating of "Hold".

About Genie Energy

Genie Energy Ltd. is an energy services company that provides electricity and natural gas to residential and small-business customers through retail energy businesses. Its offerings may include energy supply plans, renewable energy options and related services, with operations conducted through a portfolio of brands and subsidiaries.

The company's retail energy activities have historically included serving customers in U.S. deregulated energy markets, where consumers can select an independent supplier rather than purchasing supply directly from a regulated utility.

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