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 7.5% and is now trading at $176.40.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 28th 2023.
View our ESLT earnings forecast.

Elbit Systems will be holding an earnings conference call on Tuesday, March 28th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 888-782-4291.

Elbit Systems Ltd. (NASDAQ:ESLT) announced its earnings results on Monday, November, 22nd. The aerospace company reported $2.33 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.48. The aerospace company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.27 billion. Elbit Systems had a trailing twelve-month return on equity of 11.25% and a net margin of 3.61%. During the same quarter last year, the company posted $1.64 earnings per share.

Elbit Systems announced a quarterly dividend on Monday, November 28th. Stockholders of record on Tuesday, December 27th will be given a dividend of $0.50 per share on Monday, January 9th. This represents a $2.00 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend is Friday, December 23rd.
Read our dividend analysis for ESLT.

ARK Israel Innovative Technology ETF holds 12,788 shares of ESLT stock, representing 2.40% of its portfolio.

Elbit Systems (NASDAQ:ESLT) pays an annual dividend of $1.66 per share and currently has a dividend yield of 0.94%. 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 37.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESLT will have a dividend payout ratio of 20.75% 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), Honeywell International (HON), Allergan (AGN), Teva Pharmaceutical Industries (TEVA), Broadcom (AVGO) and Chipotle Mexican Grill (CMG).

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

Elbit Systems' stock is owned by many different retail and institutional investors. Top institutional investors include 1832 Asset Management L.P. (5.06%), Clal Insurance Enterprises Holdings Ltd (4.98%), Altshuler Shaham Ltd (0.90%), Meitav Dash Investments Ltd. (0.48%), ARK Investment Management LLC (0.31%) and Sumitomo Mitsui Trust Holdings Inc. (0.31%).

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 $176.40.

Elbit Systems (NASDAQ:ESLT) has a market capitalization of $7.81 billion and generates $5.28 billion in revenue each year. The aerospace company earns $274.35 million in net income (profit) each year or $4.45 on an earnings per share basis.

The company employs 17,787 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.