Genie Energy Commo Holds Annual Stockholders Meeting

An update from Genie Energy Commo ( (GNE) ) is now available.

On May 6, 2025, Genie Energy Ltd. held its Annual Meeting of Stockholders, where key decisions were made regarding the election of board members and amendments to the company’s stock option plan. All board nominees were successfully elected for one-year terms, with Joyce Mason receiving the highest percentage of votes in favor. Additionally, stockholders approved an amendment to the 2021 Stock Option and Incentive Plan, increasing the available shares of Class B common stock by 100,000, which reflects a strategic move to enhance the company’s incentive offerings.

Spark’s Take on GNE Stock

According to Spark, TipRanks’ AI Analyst, GNE is a Outperform.

Genie Energy’s strong financial performance, characterized by zero debt and stable profitability, is a key strength. Positive earnings call sentiment and technical indicators further support the stock’s prospects. However, a high valuation relative to earnings is a notable concern.

To see Spark’s full report on GNE stock, click here.

More about Genie Energy Commo

Average Trading Volume: 68,133

Technical Sentiment Signal: Buy

Current Market Cap: $424.3M

For detailed information about GNE stock, go to TipRanks’ Stock Analysis page.