Genie Energy (GNE)
Resells electricity and natural gas while building a smaller renewables and procurement platform.
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Sells electricity and natural gas through retail energy providers in deregulated U.S. markets, with a smaller platform spanning solar projects, community-solar acquisition, energy procurement advice, and recycled-plastic development. The model depends on state licensing, utility billing programs, commodity costs, weather, customer churn, and recent reporting-control issues.
Resells electricity and natural gas through Genie Retail Energy brands such as IDT Energy and Town Square Energy. Customers are mainly residential, small-business, and small-commercial accounts in deregulated markets in the Eastern and Midwestern United States and Texas.
Adds a smaller Genie Renewables platform built around Genie Solar, CityCom Solar, Diversegy, and Roded. The work spans small utility-scale and community-solar projects, community-solar customer acquisition, energy-procurement advice for commercial and municipal customers, and a recycled-plastic pallet venture.
Execution depends on state and utility-territory REP licensing, utility billing and collection programs, commodity purchasing, weather, and customer churn. Recent filings also include prior-period restatements tied to captive-insurance accounting and a material weakness in internal control over financial reporting.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $184.8M · Total debt $1.3M · Total assets $369.7M · Shareholders' equity $261.6M
- Revenue
- $100.4M
- Operating income
- $6.5M
- Net income
- $11.4M
HistoryDividendAnnual yield
| Institutions | 40.10% | 10.59M shares | |
|---|---|---|---|
| 110 holders · as of Jun 30, 2026 | |||
| Insiders | 13.14% | 3.47M shares | |
| 7 holders · as of Aug 5, 2026 | |||
| Other | 46.76% | 12.34M shares | |
| remainder | |||
26.40M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Howard S. JonasInsiderdirector, 10 percent owner | 8.94% | 786,365 B · 1.57M A | filed Aug 5, 2026 |
BlackRock, Inc.Institution | 8.28% | 2.19M B | as of Jun 30, 2026 |
J. Goldman & Co LPInstitution | 4.70% | 1.24M B | as of Jun 30, 2026 |
The Vanguard GroupInstitution | 3.79% | 1.00M | filed Feb 9, 2022 |
Vanguard Capital Management LLCInstitution | 3.39% | 895,200 B | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Nov 18, 2025 | Avi Goldin | officer: CFO | −12,000 | $14.61 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Genie Energy | $15.79 | −2.05% | $425.7M | 14.5 | 16.3 | 0.8 | −4.6% |
| NRG Energy | $100.70 | −2.00% | $21.68B | 27.0 | 9.7 | 0.6 | +11.0% |
| Vistra | $138.47 | −1.38% | $47.34B | 23.6 | 14.7 | 3.0 | −5.5% |
| Constellation Energy | $260.09 | −1.28% | $94.61B | 25.6 | 20.9 | 3.0 | +23.0% |
| UGI | $36.78 | −0.19% | $7.90B | 12.3 | 12.6 | 1.1 | −4.5% |
| Exelon | $40.96 | −2.02% | $43.06B | 15.3 | 13.8 | 1.7 | +10.0% |
| Shell (ADR) | $94.79 | +0.92% | $261.89B | 10.4 | 9.1 | 0.9 | +44.7% |
| Median | 19.4 | 13.2 | 1.4 | +10.5% |