Elbit Systems (ESLT) Stock Forecast, Price & News

Elbit Systems' stock was trading at $164.04 at the beginning of 2023. Since then, ESLT stock has increased by 20.7% and is now trading at $197.98.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023.
View our ESLT earnings forecast.

Elbit Systems Ltd. (NASDAQ:ESLT) posted its quarterly earnings results on Tuesday, August, 15th. The aerospace company reported $1.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.65 by $0.08. The aerospace company earned $1.45 billion during the quarter, compared to analyst estimates of $1.40 billion. Elbit Systems had a net margin of 4.66% and a trailing twelve-month return on equity of 10.36%.

Elbit Systems declared a quarterly dividend on Monday, August 14th. Shareholders of record on Tuesday, October 10th will be given a dividend of $0.50 per share on Monday, October 23rd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date is Friday, October 6th.
Read our dividend analysis for ESLT.

ETFs with the largest weight of Elbit Systems (NASDAQ:ESLT) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL) and SPDR S&P Kensho Final Frontiers ETF (ROKT).SPDR S&P Kensho New Economies Composite ETF (KOMP).

Elbit Systems (NASDAQ:ESLT) pays an annual dividend of $1.66 per share and currently has a dividend yield of 0.85%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESLT will have a dividend payout ratio of 21.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ESLT.

204 employees have rated Elbit Systems Chief Executive Officer Bezhalel Machlis on Glassdoor.com. Bezhalel Machlis has an approval rating of 88% among the company's employees. 75.0% of employees surveyed would recommend working at Elbit Systems to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Elbit Systems investors own include Hawkins (HWKN), CA (CA), BlackRock (BLK), Alibaba Group (BABA), Endologix (ELGX), Allergan (AGN), Teva Pharmaceutical Industries (TEVA), Broadcom (AVGO) and Chipotle Mexican Grill (CMG).

Elbit Systems trades on the NASDAQ under the ticker symbol "ESLT."

Shares of ESLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ESLT stock can currently be purchased for approximately $197.98.

Elbit Systems (NASDAQ:ESLT) has a market capitalization of $8.76 billion and generates $5.70 billion in revenue each year. The aerospace company earns $275.45 million in net income (profit) each year or $5.97 on an earnings per share basis.

The company employs 18,407 workers across the globe.

Elbit Systems' mailing address is ADVANCED TECHNOLOGY CENTER PO BOX 539, HAIFA L3, 31053. The official website for the company is elbitsystems.com. The aerospace company can be reached via phone at 972772946663, via email at rami.myerson@elbitsystems.com, or via fax at 972-77-294-6944.