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Stock Price: $16.71 • 11/6/26
Genie Energy (GNE) supplies electricity and natural gas to homes and small businesses while developing solar and recycling businesses.
November 5 results showed quarterly operating profit up 72% as retail energy margins recovered, despite fewer customers. Two New York solar arrays now operate. Its recycling subsidiary has started a second production line and says it is close to choosing its first U.S. site, a potential source of fresh attention.
With a market cap of approximately $437 million, GNE trades at approximately 14x annualized nine-month reported profit, with $185 million in consolidated cash versus approximately $7 million of debt. Investment gains and lower taxes helped earnings; operating cash flow was only $2.4 million over those nine months. Energy price volatility, customer losses, expansion costs, dilution and weak financial controls remain risks.
Opinion: GNE appears potentially undervalued if stronger retail energy margins persist and its cash-backed solar and recycling expansion produces profitable growth.
Daily closes 路 through Nov 05, 2026 路 Yahoo Finance
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