S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:GILT

Gilat Satellite Networks Stock Forecast, Price & News

$6.75
-0.31 (-4.39%)
(As of 11/26/2021 04:00 PM ET)
Add
Compare
Today's Range
$6.58
$6.92
50-Day Range
$6.75
$9.48
52-Week Range
$5.80
$22.69
Volume
358,350 shs
Average Volume
1.09 million shs
Market Capitalization
$381.64 million
P/E Ratio
6.55
Dividend Yield
6.66%
Beta
0.26
30 days | 90 days | 365 days | Advanced Chart
Receive GILT News and Ratings via Email

Sign-up to receive the latest news and ratings for Gilat Satellite Networks and its competitors with MarketBeat's FREE daily newsletter.


Gilat Satellite Networks logo

About Gilat Satellite Networks

Gilat Satellite Networks Ltd. engages in the provision of broadband satellite communication and networking solutions and services. It operates through the following business segments: Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects. The Fixed Networks segment provides advanced fixed broadband satellite communication networks, satellite communication systems and associated professional services and comprehensive turnkey solutions and fully managed satellite network services solutions. The Mobility Solutions segment provides advanced on-the-move satellite communications equipment, systems, and solutions, including airborne, maritime and ground-mobile satellite systems and solutions. The Terrestrial Infrastructure Projects segment provides network infrastructure construction of the fiber and microwave network of PRONATEL in Peru. The company was founded by Yoel Gat, Gideon Kaplan, Amiram Levinberg, Joshua Levinberg, and Shlomo Tirosh in 1987 and is headquartered in Petah Tikva, Israel.

Headlines

Gilat Clocks 34% Revenue Growth In Q3
November 9, 2021 |  finance.yahoo.com
10 Best Stocks Under $11 in Cathie Wood’s Portfolio
November 8, 2021 |  finance.yahoo.com
Gilat Satellite Networks (GILT)
October 12, 2021 |  fool.com
Gilat to Report Third Quarter 2021 Results on November 9th
October 12, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:GILT
Employees
779
Year Founded
1987

Sales & Book Value

Annual Sales
$165.88 million
Book Value
$4.05 per share

Profitability

Net Income
$34.91 million
Pretax Margin
29.87%

Debt

Price-To-Earnings

Miscellaneous

Free Float
55,900,000
Market Cap
$381.64 million
Optionable
Optionable

Company Calendar

Last Earnings
11/09/2021
Today
11/28/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/15/2022

Social Links


MarketRank

Overall MarketRank

1.58 out of 5 stars

Computer And Technology Sector

663rd out of 891 stocks

Radio & T.V. Communications Equipment Industry

25th out of 32 stocks

Analyst Opinion: 0.0Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -












Gilat Satellite Networks (NASDAQ:GILT) Frequently Asked Questions

How has Gilat Satellite Networks' stock price been impacted by Coronavirus?

Gilat Satellite Networks' stock was trading at $8.17 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GILT stock has decreased by 17.4% and is now trading at $6.75.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Gilat Satellite Networks?

Gilat Satellite Networks saw a decline in short interest in November. As of November 15th, there was short interest totaling 110,500 shares, a decline of 45.4% from the October 31st total of 202,300 shares. Based on an average trading volume of 467,200 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are sold short.
View Gilat Satellite Networks' Short Interest
.

When is Gilat Satellite Networks' next earnings date?

Gilat Satellite Networks is scheduled to release its next quarterly earnings announcement on Tuesday, February 15th 2022.
View our earnings forecast for Gilat Satellite Networks
.

How were Gilat Satellite Networks' earnings last quarter?

Gilat Satellite Networks Ltd. (NASDAQ:GILT) posted its quarterly earnings results on Tuesday, November, 9th. The communications equipment provider reported $0.01 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.01) by $0.02. The communications equipment provider had revenue of $49.91 million for the quarter. Gilat Satellite Networks had a negative trailing twelve-month return on equity of 3.11% and a net margin of 29.55%.
View Gilat Satellite Networks' earnings history
.

How often does Gilat Satellite Networks pay dividends? What is the dividend yield for Gilat Satellite Networks?

Gilat Satellite Networks declared a -- dividend on Thursday, December 31st. Investors of record on Monday, January 11th will be given a dividend of $0.63 per share on Wednesday, January 20th. This represents a dividend yield of 15.2%. The ex-dividend date is Friday, January 8th.
View Gilat Satellite Networks' dividend history
.

Is Gilat Satellite Networks a good dividend stock?

Gilat Satellite Networks pays an annual dividend of $0.47 per share and currently has a dividend yield of 6.66%. GILT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Gilat Satellite Networks is 45.63%. This payout ratio is at a healthy, sustainable level, below 75%.
View Gilat Satellite Networks' dividend history.

Who are Gilat Satellite Networks' key executives?

Gilat Satellite Networks' management team includes the following people:
  • Adi Sfadia, Chief Executive Officer
  • Ron Levin, Chief Operating Officer
  • Bosmat Halpern-Levy, Chief Financial Officer
  • Alik Shimelmits, Chief Technology & Product Officer
  • Noam Rosenfeld, Senior Vice President-Research & Development

What other stocks do shareholders of Gilat Satellite Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gilat Satellite Networks investors own include Marvell Technology (MRVL), Inseego (INSG), Nokia (NOK), Comtech Telecommunications (CMTL), NVIDIA (NVDA), Cisco Systems (CSCO), Skyworks Solutions (SWKS), Alibaba Group (BABA), Square (SQ) and Advanced Micro Devices (AMD).

What is Gilat Satellite Networks' stock symbol?

Gilat Satellite Networks trades on the NASDAQ under the ticker symbol "GILT."

Who are Gilat Satellite Networks' major shareholders?

Gilat Satellite Networks' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Thrivent Financial for Lutherans (4.76%), Renaissance Technologies LLC (2.20%), Ghisallo Capital Management LLC (1.73%), Caas Capital Management LP (1.18%), Voloridge Investment Management LLC (0.25%) and Millennium Management LLC (0.22%).

Which institutional investors are selling Gilat Satellite Networks stock?

GILT stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Voloridge Investment Management LLC, Penserra Capital Management LLC, Advisor Group Holdings Inc., Cubist Systematic Strategies LLC, Morgan Stanley, PEAK6 Investments LLC, and Jane Street Group LLC.

Which institutional investors are buying Gilat Satellite Networks stock?

GILT stock was purchased by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Ghisallo Capital Management LLC, Caas Capital Management LP, Marshall Wace LLP, Advisory Services Network LLC, O Shaughnessy Asset Management LLC, Renaissance Technologies LLC, and Dynamic Technology Lab Private Ltd.

How do I buy shares of Gilat Satellite Networks?

Shares of GILT 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.
Compare Top Brokerages Here.

What is Gilat Satellite Networks' stock price today?

One share of GILT stock can currently be purchased for approximately $6.75.

How much money does Gilat Satellite Networks make?

Gilat Satellite Networks has a market capitalization of $381.64 million and generates $165.88 million in revenue each year. The communications equipment provider earns $34.91 million in net income (profit) each year or $1.03 on an earnings per share basis.

How many employees does Gilat Satellite Networks have?

Gilat Satellite Networks employs 779 workers across the globe.

Does Gilat Satellite Networks have any subsidiaries?

The following companies are subsidiares of Gilat Satellite Networks: Gilat Colombia S.A.S E.S.P, Gilat Networks Peru S.A, Gilat Satellite Communication Technology (Beijing) Ltd., Gilat Satellite Networks (Eurasia) Limited, Gilat Satellite Networks (Holland) B.V., Gilat Satellite Networks (Mexico) S.A. de C.V., Gilat Satellite Networks (Philippines) Inc., Gilat Satellite Networks Australia Pty Ltd., Gilat Satellite Networks MDC (Moldova), Gilat do Brazil Ltda., Gilat to Home Peru S.A, RaySat, Raysat Bulgaria EOOD, Wavestream, Wavestream, and rStar.

When was Gilat Satellite Networks founded?

Gilat Satellite Networks was founded in 1987.

What is Gilat Satellite Networks' official website?

The official website for Gilat Satellite Networks is www.gilat.com.

Where are Gilat Satellite Networks' headquarters?

How can I contact Gilat Satellite Networks?

Gilat Satellite Networks' mailing address is GILAT HOUSE 21 YEGIA KAPAYIM STREET KIRYAT ARYE., PETAH TIKVA L3, 4913020. The communications equipment provider can be reached via phone at (723) 925-2000, via email at [email protected], or via fax at 972-3925-2945.


This page was last updated on 11/28/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.