Gazit-Globe Stock Price, News & Analysis (NYSE:GZT)

$10.00 -0.08 (-0.79 %)
(As of 12/17/2017 12:45 PM ET)
Previous Close$10.00
Today's Range$10.00 - $10.13
52-Week Range$8.36 - $10.82
Volume2,009 shs
Average Volume6,846 shs
Market Capitalization$1.93 billion
P/E Ratio17.86
Dividend Yield3.98%
Beta1.14

About Gazit-Globe (NYSE:GZT)

Gazit-Globe logoGazit-Globe Ltd. is a real estate company specialized in retail premises. The Company is engaged in the acquisition, development and management of properties. Its segments include Finland, Norway, Sweden, and Estonia and Denmark. It focuses on supermarket-anchored shopping centers in urban growth markets. It operates internationally through its publicly traded and privately held subsidiaries. It operates in more than 20 countries, and owns and manages approximately 430 properties with a gross leasable area of approximately 6.5 million square meters. The Company's properties include Kista Galleria, Iso Omena, Potrero Center, Yorkville Village, Atrium Promenada, Serramonte Shopping Center, Galeria Dominikanska, Westbury Plaza, Northgate Centre, San Pelegrino Shopping Mall, G Tzameret, Kosice Optima Shopping Center, Coens Galerie, Parkway Mall, Rutherford Marketplace, Atrium Copernicus, Atrium Biala, Molo Shopping Center, Wentorf Shopping Center, Plaza Escuela and Mount Royal Village.

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Industry, Sector and Symbol

Industry Real Estate Development & Operations
Sub-IndustryN/A
SectorFinance
SymbolNYSE:GZT
CUSIPN/A
Phone972-3694-8000

Debt

Debt-to-Equity Ratio1.37%
Current Ratio0.41%
Quick Ratio0.41%

Price-To-Earnings

Trailing P/E Ratio17.86
Forward P/E Ratio9.90
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.25 billion
Price / Sales1.55
Cash FlowN/A
Price / CashN/A
Book Value$44.92 per share
Price / Book0.22

Profitability

Trailing EPSN/A
Net Income$205 million
Net Margins-45.72%
Return on Equity4.16%
Return on Assets1.53%

Miscellaneous

Employees1,289
Outstanding Shares193,460,000

Gazit-Globe (NYSE:GZT) Frequently Asked Questions

What is Gazit-Globe's stock symbol?

Gazit-Globe trades on the New York Stock Exchange (NYSE) under the ticker symbol "GZT."

How often does Gazit-Globe pay dividends? What is the dividend yield for Gazit-Globe?

Gazit-Globe announced a special dividend on Wednesday, November 22nd. Shareholders of record on Friday, December 15th will be given a dividend of $0.0992 per share on Tuesday, January 2nd. This represents a yield of 4%. The ex-dividend date of this dividend is Sunday, December 17th. This is a positive change from Gazit-Globe's previous special dividend of $0.10. View Gazit-Globe's Dividend History.

When will Gazit-Globe make its next earnings announcement?

Gazit-Globe is scheduled to release their next quarterly earnings announcement on Monday, March, 26th 2018. View Earnings Estimates for Gazit-Globe.

Where is Gazit-Globe's stock going? Where will Gazit-Globe's stock price be in 2017?

3 brokers have issued 1 year target prices for Gazit-Globe's stock. Their forecasts range from $11.00 to $11.00. On average, they anticipate Gazit-Globe's stock price to reach $11.00 in the next twelve months. View Analyst Ratings for Gazit-Globe.

What are Wall Street analysts saying about Gazit-Globe stock?

Here are some recent quotes from research analysts about Gazit-Globe stock:

  • 1. According to Zacks Investment Research, "Gazit-Globe Ltd. is a multinational real estate company engaged in the acquisition, development and management of income-producing properties. The company focuses on necessity-driven real estate, primarily supermarket-anchored shopping centers in urban markets. In addition, the company is active in the healthcare real estate sector, owning and operating medical office buildings and senior housing businesses in North America. Gazit-Globe Ltd. is based in Tel Aviv, Israel. " (12/4/2017)
  • 2. TD Securities analysts commented, "We see Gazit as a way to own high-quality urban retail properties at a significant NAV discount that we expect to narrow as management pursues its goal of creating a more shareholder-friendly structure. As Gazit becomes more of a direct owner of property (the goal is to have under 50% of assets in publicly-traded subsidiaries within three years – we think sooner is likely), we expect the NAV discount to narrow. We also see upside potential through NAV growth, based on our view of the high quality and strong locations of the underlying properties. We are reiterating our BUY recommendation and increasing our target price to ILS46.00 (C$17.50). 4,500 4,500 4,000 4,000 3,500 3,500 3,000 3,000 2,500 2,500 May-17 Mar-17 Jan-17 Nov-16 Sep-16 Jul-16 GZT-TV: Price Company Profile Gazit is one of the largest owners, developers and operators of predominantly supermarket- anchored shopping centres in major urban markets across Canada, United States, Europe, Brazil, and Israel. Gazit,owns and operates over 135 properties with a gross leasable area of ~2.6 million square meters. Gazit also owns 32.7% of First Capital Realty Inc." (5/25/2017)

Who are some of Gazit-Globe's key competitors?

Who are Gazit-Globe's key executives?

Gazit-Globe's management team includes the folowing people:

  • Chaim Katzman, Chairman of the Board (Age 68)
  • Dori Joseph Segal, Chief Executive Officer, Vice Chairman of the Board & Director (Age 55)
  • Adi Jemini, Chief Financial Officer, Executive Vice President (Age 39)
  • Jeffrey S. Mooallem, Chief Executive Officer of a Subsidiary-Gazit Horizons Inc (Age 45)
  • Romano Vaisenberger, Vice President, Controller (Age 44)
  • Michael Haim Ben Dor, Director (Age 79)
  • Ronnie Haim Bar-On, External Director (Age 69)
  • Yair Ernst Orgler, External Director (Age 78)
  • Zehavit Cohen, Independent Director (Age 53)
  • Douglas W. Sesler, Independent Director (Age 55)

Who owns Gazit-Globe stock?

Gazit-Globe's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Mawer Investment Management Ltd. (4.42%), State of New Jersey Common Pension Fund D (0.17%), Bank of New York Mellon Corp (0.11%), Ninepoint Partners LP (0.03%) and Macquarie Group Ltd. (0.01%). View Institutional Ownership Trends for Gazit-Globe.

Who sold Gazit-Globe stock? Who is selling Gazit-Globe stock?

Gazit-Globe's stock was sold by a variety of institutional investors in the last quarter, including Mawer Investment Management Ltd.. View Insider Buying and Selling for Gazit-Globe.

Who bought Gazit-Globe stock? Who is buying Gazit-Globe stock?

Gazit-Globe's stock was acquired by a variety of institutional investors in the last quarter, including Ninepoint Partners LP, State of New Jersey Common Pension Fund D, Bank of New York Mellon Corp and Macquarie Group Ltd.. View Insider Buying and Selling for Gazit-Globe.

How do I buy Gazit-Globe stock?

Shares of Gazit-Globe can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Gazit-Globe's stock price today?

One share of Gazit-Globe stock can currently be purchased for approximately $10.00.

How big of a company is Gazit-Globe?

Gazit-Globe has a market capitalization of $1.93 billion and generates $1.25 billion in revenue each year. Gazit-Globe employs 1,289 workers across the globe.

How can I contact Gazit-Globe?

Gazit-Globe's mailing address is 1 Hashalom Road, Tel-Aviv L3, 67892. The real estate investment trust can be reached via phone at 972-3694-8000 or via email at [email protected]


MarketBeat Community Rating for Gazit-Globe (GZT)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  73 (Vote Outperform)
Underperform Votes:  109 (Vote Underperform)
Total Votes:  182
MarketBeat's community ratings are surveys of what our community members think about Gazit-Globe and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Gazit-Globe (NYSE:GZT) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.752.752.752.50
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $12.75$12.75$12.75$14.50
Price Target Upside: 31.71% upside31.71% upside31.71% upside47.96% upside

Gazit-Globe (NYSE:GZT) Consensus Price Target History

Price Target History for Gazit-Globe (NYSE:GZT)

Gazit-Globe (NYSE:GZT) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/12/2017CitigroupUpgradeNeutral -> Buy$9.20 -> $11.00LowView Rating Details
5/25/2017TD SecuritiesReiterated RatingBuyLowView Rating Details
3/28/2017BarclaysReiterated RatingOverweightLowView Rating Details
10/13/2016Canaccord GenuityReiterated RatingHold$14.50N/AView Rating Details
4/18/2016National Bank FinancialReiterated RatingOutperform Market WeightN/AView Rating Details
(Data available from 12/17/2015 forward)

Earnings

Gazit-Globe (NYSE:GZT) Earnings History and Estimates Chart

Earnings by Quarter for Gazit-Globe (NYSE:GZT)

Gazit-Globe (NYSE GZT) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/26/2018        
8/22/2017Q2$0.52$191.66 millionViewN/AView Earnings Details
5/23/20173/31/2017$0.54$186.92 millionViewN/AView Earnings Details
11/23/20169/30/2016$0.26$0.26$397.25 millionViewN/AView Earnings Details
11/30/2015Q315($0.14)$402.22 millionViewListenView Earnings Details
8/19/2015Q215$0.18$390.61 millionViewListenView Earnings Details
3/24/2015Q4($0.32)$323.73 millionViewN/AView Earnings Details
11/20/2013Q3$0.24ViewListenView Earnings Details
8/27/2013$0.09ViewN/AView Earnings Details
5/28/2013$0.56ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Gazit-Globe (NYSE:GZT) Earnings Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171$0.20$0.20$0.20
(Data provided by Zacks Investment Research)

Dividends

Gazit-Globe (NYSE:GZT) Dividend Information

Next Dividend:1/2/2018
Annual Dividend:$0.40
Dividend Yield:4.00%
Dividend Growth:10.60% (3 Year Average)
Payout Ratio:39.60% (Based on This Year's Estimates)
42.55% (Based on Next Year's Estimates)
Frequency:Quarterly Dividend
Dividend Payments by Quarter for Gazit-Globe (NYSE:GZT)

Gazit-Globe (NYSE:GZT) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/22/2017special$0.104%12/17/201712/15/20171/2/2018
8/22/2017special$0.109/19/20179/19/201710/3/2017
5/24/2017special$0.106/20/20176/20/20177/3/2017
3/28/2017special$0.104/12/20174/12/20174/24/2017
11/23/2016Quarterly$0.0912/2/201612/6/201612/13/2016
8/24/2016special$0.099/5/20169/5/20169/12/2016
5/26/2016$0.096/6/20166/8/20166/16/2016
4/1/2016Quarterly$0.164/11/20164/13/20164/20/2016
11/30/2015$0.1212/11/201512/15/201512/29/2015
8/19/2015$0.129/28/20159/30/201510/14/2015
6/1/2015special$0.126/22/20156/22/20157/6/2015
3/24/2015$0.114/2/20154/7/20154/14/2015
11/26/2014special$0.1212/15/201412/15/201412/29/2014
9/2/2014special$0.139/16/20149/16/201410/1/2014
11/20/2013quarterly$0.123.79%12/16/201312/16/201312/30/2013
8/27/2013quarterly$0.123.95%9/24/20139/24/201310/9/2013
5/29/2013quarterly$0.123.41%6/17/20136/17/20137/2/2013
(Data available from 1/1/2013 forward)

Insider Trades

Gazit-Globe (NYSE GZT) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 8.71%
Insider Trades by Quarter for Gazit-Globe (NYSE:GZT)
Insider Trades by Quarter for Gazit-Globe (NYSE:GZT)

Gazit-Globe (NYSE GZT) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/11/2017Chaim KatzmanVice ChairmanSell1,055,758$64.30$67,885,239.40View SEC Filing  
5/24/2016Chaim KatzmanChairmanSell29,237$29.09$850,504.33View SEC Filing  
5/23/2016Chaim KatzmanChairmanSell763$28.85$22,012.55View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Gazit-Globe (NYSE GZT) News Headlines

Source:
DateHeadline
Gazit-Globe (GZT) Raised to "Buy" at Zacks Investment ResearchGazit-Globe (GZT) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - December 4 at 11:48 PM
Gazit-Globe Ltd. (GZT) Receives Average Rating of "Hold" from BrokeragesGazit-Globe Ltd. (GZT) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - December 4 at 2:28 AM
Gazit-Globe Ltd. (GZT) Plans Dividend Increase - $0.10 Per ShareGazit-Globe Ltd. (GZT) Plans Dividend Increase - $0.10 Per Share
www.americanbankingnews.com - November 22 at 5:59 PM
$0.20 EPS Expected for Gazit-Globe Ltd. (GZT) This Quarter$0.20 EPS Expected for Gazit-Globe Ltd. (GZT) This Quarter
www.americanbankingnews.com - November 20 at 7:32 PM
Head to Head Comparison: Comstock Holding Companies (CHCI) versus Gazit-Globe (GZT)Head to Head Comparison: Comstock Holding Companies (CHCI) versus Gazit-Globe (GZT)
www.americanbankingnews.com - November 18 at 3:37 AM
Gazit-Globe Ltd. (GZT) Scheduled to Post Earnings on MondayGazit-Globe Ltd. (GZT) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - November 13 at 2:54 AM
Gazit-Globe Ltd. (GZT) Given Consensus Rating of "Hold" by BrokeragesGazit-Globe Ltd. (GZT) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - November 9 at 1:52 AM
Research Analysts Set Expectations for Gazit-Globe Ltd.s Q3 2017 Earnings (GZT)Research Analysts Set Expectations for Gazit-Globe Ltd.'s Q3 2017 Earnings (GZT)
www.americanbankingnews.com - November 2 at 6:22 AM
Gazit-Globe Ltd. (GZT) Lowered to "Hold" at Zacks Investment ResearchGazit-Globe Ltd. (GZT) Lowered to "Hold" at Zacks Investment Research
www.americanbankingnews.com - October 24 at 10:38 PM
Gazit-Globe Ltd. (GZT) Receives Average Recommendation of "Buy" from BrokeragesGazit-Globe Ltd. (GZT) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - October 15 at 2:46 AM
Analyzing Transcontinental Realty Investors (TCI) & Gazit-Globe (GZT)Analyzing Transcontinental Realty Investors (TCI) & Gazit-Globe (GZT)
www.americanbankingnews.com - October 7 at 10:24 PM
Comparing Transcontinental Realty Investors (TCI) & Gazit-Globe (GZT)Comparing Transcontinental Realty Investors (TCI) & Gazit-Globe (GZT)
www.americanbankingnews.com - September 25 at 12:26 AM
Gazit-Globe Ltd. (GZT) Receives Consensus Rating of "Hold" from AnalystsGazit-Globe Ltd. (GZT) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - September 20 at 2:50 AM
Chaim Katzman Sells 1,055,758 Shares of Gazit-Globe Ltd. (GZT) StockChaim Katzman Sells 1,055,758 Shares of Gazit-Globe Ltd. (GZT) Stock
www.americanbankingnews.com - September 13 at 7:38 PM
Contrasting Gazit-Globe (GZT) and Transcontinental Realty Investors (TCI)Contrasting Gazit-Globe (GZT) and Transcontinental Realty Investors (TCI)
www.americanbankingnews.com - September 12 at 10:24 PM
FY2017 Earnings Forecast for Gazit-Globe Ltd. (GZT) Issued By National Bank FinancialFY2017 Earnings Forecast for Gazit-Globe Ltd. (GZT) Issued By National Bank Financial
www.americanbankingnews.com - August 25 at 9:18 AM
Gazit-Globe Report Strong First Half 2017 Financial ResultsGazit-Globe Report Strong First Half 2017 Financial Results
finance.yahoo.com - August 23 at 12:51 AM
Investor Network: Gazit-Globe Ltd. to Host Earnings CallInvestor Network: Gazit-Globe Ltd. to Host Earnings Call
finance.yahoo.com - August 23 at 12:51 AM
See what the IHS Markit Score report has to say about Gazit Globe Ltd.See what the IHS Markit Score report has to say about Gazit Globe Ltd.
finance.yahoo.com - August 23 at 12:51 AM
Comparing Gazit-Globe (GZT) and St. Joe Company (The) (JOE)Comparing Gazit-Globe (GZT) and St. Joe Company (The) (JOE)
www.americanbankingnews.com - August 23 at 12:10 AM
Gazit-Globe Ltd. (GZT) Plans $0.10 Special DividendGazit-Globe Ltd. (GZT) Plans $0.10 Special Dividend
www.americanbankingnews.com - August 22 at 5:34 PM
Gazit-Globe Ltd. (GZT) Announces Quarterly  Earnings ResultsGazit-Globe Ltd. (GZT) Announces Quarterly Earnings Results
www.americanbankingnews.com - August 22 at 10:30 AM
Gazit-Globe Ltd. (NYSE:GZT) Scheduled to Post Quarterly Earnings on TuesdayGazit-Globe Ltd. (NYSE:GZT) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - August 15 at 2:16 AM
IHS Markit Score Update: Drop in demand for ETFs holding Gazit Globe Ltd is a negative sign for its sharesIHS Markit Score Update: Drop in demand for ETFs holding Gazit Globe Ltd is a negative sign for its shares
finance.yahoo.com - August 14 at 7:40 PM
Gazit-Globe Ltd. (NYSE:GZT) Given Average Rating of "Hold" by AnalystsGazit-Globe Ltd. (NYSE:GZT) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - August 1 at 8:01 AM
Comparing Gazit-Globe (GZT) and Gafisa SA (GFA)Comparing Gazit-Globe (GZT) and Gafisa SA (GFA)
www.americanbankingnews.com - July 28 at 6:04 PM
Reviewing RMR Group (RMR) & Gazit-Globe (NYSE:GZT)Reviewing RMR Group (RMR) & Gazit-Globe (NYSE:GZT)
www.americanbankingnews.com - July 14 at 6:36 PM
Head-To-Head Comparison: Gafisa SA (GFA) and Gazit-Globe (GZT)Head-To-Head Comparison: Gafisa SA (GFA) and Gazit-Globe (GZT)
www.americanbankingnews.com - July 13 at 12:26 PM
ETFs with exposure to Gazit-Globe Ltd. : July 6, 2017ETFs with exposure to Gazit-Globe Ltd. : July 6, 2017
finance.yahoo.com - July 7 at 5:59 AM
Gazit-Globe: Gazit-Globe Launches U.S. Investment Subsidiary Gazit HorizonsGazit-Globe: Gazit-Globe Launches U.S. Investment Subsidiary Gazit Horizons
www.finanznachrichten.de - May 3 at 3:19 PM
Gazit-Globe Ltd. (GZT) Ex-Dividend Date Scheduled for December 02,Gazit-Globe Ltd. (GZT) Ex-Dividend Date Scheduled for December 02,
www.nasdaq.com - December 1 at 10:40 AM
7:30 am Gazit-Globe CEO to step down Jan 31; Dori Segal named CEO7:30 am Gazit-Globe CEO to step down Jan 31; Dori Segal named CEO
us.rd.yahoo.com - November 30 at 9:16 AM
New Strong Sell Stocks for September 23rdNew Strong Sell Stocks for September 23rd
www.zacks.com - September 23 at 10:21 AM
Gazit-Globe Enters Oversold Territory (GZT)Gazit-Globe Enters Oversold Territory (GZT)
www.nasdaq.com - June 2 at 5:36 PM
Mall Operator Grows in Brazil Undeterred by Protests and GraftMall Operator Grows in Brazil Undeterred by Protests and Graft
www.bloomberg.com - March 14 at 6:39 AM
Equity One Finds What FitsEquity One Finds What Fits
www.wsj.com - February 26 at 8:07 AM
Citycon OYJ -- Moodys assigns Baa2 rating to Citycons proposed senior unsecured notesCitycon OYJ -- Moody's assigns Baa2 rating to Citycon's proposed senior unsecured notes
www.moodys.com - September 8 at 8:03 AM

SEC Filings

Gazit-Globe (NYSE:GZT) SEC Filings

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Social Media

Financials

Gazit-Globe (NYSE:GZT) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Gazit-Globe (NYSE GZT) Stock Chart for Sunday, December, 17, 2017

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This page was last updated on 12/17/2017 by MarketBeat.com Staff

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