Gazit Globe Ltd Company Profile (NYSE:GZT)

About Gazit Globe Ltd (NYSE:GZT)

Gazit Globe Ltd 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.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Real Estate Development
  • Sub-Industry: N/A
  • Symbol: NYSE:GZT
  • CUSIP: N/A
  • Web:
  • Market Cap: $1.91 billion
  • Outstanding Shares: 195,516,000
Average Prices:
  • 50 Day Moving Avg: $10.21
  • 200 Day Moving Avg: $9.71
  • 52 Week Range: $8.30 - $10.97
  • Trailing P/E Ratio: 8.98
  • Foreward P/E Ratio: 12.53
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $1.36 billion
  • Price / Sales: 1.40
  • Book Value: $11.45 per share
  • Price / Book: 0.85
  • Annual Dividend: $0.36
  • Dividend Yield: 4.3%
  • EBIDTA: $770.03 million
  • Net Margins: 6.75%
  • Return on Equity: 1.39%
  • Return on Assets: 0.53%
  • Debt-to-Equity Ratio: 1.25%
  • Current Ratio: 0.61%
  • Quick Ratio: 0.61%
  • Average Volume: 8,548 shs.
  • Beta: 1.03
  • Short Ratio: 7.73

Frequently Asked Questions for Gazit Globe Ltd (NYSE:GZT)

What is Gazit Globe Ltd's stock symbol?

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

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

Gazit Globe Ltd announced a special dividend on Wednesday, May 24th. Investors of record on Tuesday, June 20th will be given a dividend of $0.0974 per share on Monday, July 3rd. The ex-dividend date of this dividend is Tuesday, June 20th. This is a boost from Gazit Globe Ltd's previous special dividend of $0.10. View Gazit Globe Ltd's Dividend History.

How were Gazit Globe Ltd's earnings last quarter?

Gazit Globe Ltd (NYSE:GZT) issued its earnings results on Tuesday, May, 23rd. The company reported $0.54 EPS for the quarter. The company earned $186.92 million during the quarter. Gazit Globe Ltd had a return on equity of 1.39% and a net margin of 6.75%. View Gazit Globe Ltd's Earnings History.

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

3 brokerages have issued 12 month price objectives for Gazit Globe Ltd's shares. Their forecasts range from $14.50 to $14.50. On average, they anticipate Gazit Globe Ltd's stock price to reach $14.50 in the next twelve months. View Analyst Ratings for Gazit Globe Ltd.

What are analysts saying about Gazit Globe Ltd stock?

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

  • 1. 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)
  • 2. 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. " (3/30/2017)

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

Who owns Gazit Globe Ltd stock?

Gazit Globe Ltd's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Mawer Investment Management Ltd. (5.07%), Vanguard Group Inc. (1.13%), Bank Hapoalim BM (0.87%), Sentry Investments Corp. (0.46%), Bank of New York Mellon Corp (0.23%) and Clal Insurance Enterprises Holdings Ltd (0.23%). View Institutional Ownership Trends for Gazit Globe Ltd.

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

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

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

Gazit Globe Ltd's stock was purchased by a variety of institutional investors in the last quarter, including Sentry Investments Corp., Vanguard Group Inc., UBS Group AG, Credit Suisse AG, Bank of America Corp DE, Eqis Capital Management Inc., AQR Capital Management LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Gazit Globe Ltd.

How do I buy Gazit Globe Ltd stock?

Shares of Gazit Globe Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Gazit Globe Ltd stock cost?

One share of Gazit Globe Ltd stock can currently be purchased for approximately $9.77.

Analyst Ratings

Consensus Ratings for Gazit Globe Ltd (NYSE:GZT) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $14.50 (48.41% upside)

Analysts' Ratings History for Gazit Globe Ltd (NYSE:GZT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/25/2017TD SecuritiesReiterated RatingBuyLowView Rating Details
3/28/2017Barclays PLCReiterated RatingOverweightLowView Rating Details
10/13/2016Canaccord GenuityReiterated RatingHold$14.50N/AView Rating Details
4/18/2016National Bank FinancialReiterated RatingOutperform Market WeightN/AView Rating Details
2/26/2016Citigroup IncDowngradeBuy -> NeutralN/AView Rating Details
9/3/2015Chardan CapitalInitiated CoverageBuyN/AView Rating Details
(Data available from 5/27/2015 forward)


Earnings History for Gazit Globe Ltd (NYSE:GZT)
Earnings by Quarter for Gazit Globe Ltd (NYSE:GZT)
Earnings History by Quarter for Gazit Globe Ltd (NYSE:GZT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


Earnings Estimates for Gazit Globe Ltd (NYSE:GZT)
Next Year EPS Consensus Estimate: $0.78 EPS


Current Dividend Information for Gazit Globe Ltd (NYSE:GZT)
Next Dividend:7/3/2017
Annual Dividend:$0.36
Dividend Yield:3.68%
Dividend Growth:10.60% (3 Year Average)
Payout Ratio:64.29% (Trailing 12 Months of Earnings)
46.15% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Gazit Globe Ltd (NYSE:GZT)

Dividend History by Quarter for Gazit Globe Ltd (NYSE:GZT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Gazit Globe Ltd (NYSE:GZT)
Institutional Ownership Percentage: 9.90%
Insider Trades by Quarter for Gazit Globe Ltd (NYSE:GZT)
Institutional Ownership by Quarter for Gazit Globe Ltd (NYSE:GZT)
Insider Trades by Quarter for Gazit Globe Ltd (NYSE:GZT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Headline Trends for Gazit Globe Ltd (NYSE:GZT)
Latest Headlines for Gazit Globe Ltd (NYSE:GZT)
DateHeadline logoNational Bank Financial Comments on Gazit Globe Ltd's FY2017 Earnings (GZT) - May 26 at 9:45 AM logoFY2018 Earnings Forecast for Gazit Globe Ltd Issued By National Bank Financial (GZT) - May 25 at 12:05 PM logoGazit Globe Ltd (GZT) Given Buy Rating at TD Securities - May 25 at 7:44 AM logo Gazit Globe Ltd (GZT) Given Consensus Rating of "" by Brokerages - May 24 at 8:36 PM logoGazit Globe Ltd (GZT) Increases Dividend to $0.10 Per Share - May 24 at 6:28 PM logoGazit Globe Ltd (GZT) Releases Quarterly Earnings Results - May 24 at 10:34 AM logoIsraeli real estate developer Gazit-Globe posts unchanged Q1 loss - May 23 at 11:38 AM logoGazit-Globe Reports First Quarter 2017 Financial Results - May 23 at 11:38 AM logo Brokerages Set $11.09 Target Price for Gazit Globe Ltd (GZT) - May 9 at 8:50 PM logoGazit-Globe: Gazit-Globe Launches U.S. Investment Subsidiary Gazit Horizons - May 3 at 3:19 PM logoGazit-Globe Launches U.S. Investment Subsidiary Gazit Horizons - May 3 at 3:19 PM logoGazit Globe (GZT) Given News Sentiment Score of -0.03 - May 3 at 12:37 PM logoGazit Globe (GZT) Earns News Impact Score of 0.44 - April 30 at 12:47 PM logoGazit Brasil Acquired the Remaining 30% Stake in Extra Itaim and Now Owns 100% of this Prime Urban Asset - April 27 at 8:17 AM logoFavorable Press Coverage Somewhat Likely to Impact Gazit Globe (GZT) Stock Price - April 27 at 1:07 AM logoGazit Globe Announces Date for Q1 2017 Results Conference Call - April 25 at 10:58 AM logoGazit Globe (GZT) Receiving Somewhat Critical News Coverage, AlphaOne Reports - April 23 at 11:02 AM logoGazit Globe (GZT) Receives Daily News Impact Score of 0.51 - April 18 at 11:28 AM logoHigh rents are stealing lunch from retail, not e-commerce... - April 17 at 5:03 PM logoETFs with exposure to Gazit-Globe Ltd. : April 7, 2017 - April 7 at 5:29 PM logoZacks: Gazit Globe Ltd (GZT) Receives Consensus Rating of "Strong Buy" from Analysts - April 5 at 3:22 PM logoZacks Investment Research Lowers Gazit Globe Ltd (GZT) to Sell - April 5 at 1:07 PM logoGazit Globe's (GZT) "Overweight" Rating Reaffirmed at Barclays PLC - April 3 at 11:20 AM logoZacks Investment Research Downgrades Gazit Globe Ltd (GZT) to Sell - March 30 at 11:58 PM logoGazit Globe Ltd to Post FY2017 Earnings of $0.77 Per Share, National Bank Financial Forecasts (GZT) - March 30 at 10:55 AM logoGazit Globe Ltd (GZT) Now Covered by Barclays PLC - March 28 at 10:44 AM logoGazit-Globe Reports Year-End and Fourth Quarter 2016 Financial Results - March 27 at 11:18 AM logoGazit Globe Provides Further Update on First Capital Realty, Inc. (“FCR”) Share Sale - March 20 at 7:10 PM logoGazit Globe to Report Year-End and Fourth Quarter 2016 Financial Results - March 20 at 7:10 PM logoPost Earnings Coverage as China HGS Reported a Dismal FY16 Results - January 4 at 6:38 PM logoGazit-Globe Ltd. (GZT) Ex-Dividend Date Scheduled for December 02, - December 1 at 10:40 AM logo7:30 am Gazit-Globe CEO to step down Jan 31; Dori Segal named CEO - November 30 at 9:16 AM logoGazit-Globe to post $260 mln gain from Equity One sale - November 18 at 6:30 AM logoGazit Brasil Acquires 33% of Shopping Cidade Jardim in Sao Paulo for R$ 410M (approximately USD 130M) - November 11 at 8:48 AM logoNew Strong Sell Stocks for September 23rd - September 23 at 10:21 AM logoGazit-Globe to Report Second Quarter 2016 Financial Results - August 15 at 9:40 AM logoGazit-Globe Enters Oversold Territory (GZT) - June 2 at 5:36 PM logoGazit-Globe Increases its Holding in Gazit-Globe Israel (Development) to 100% and Becomes the Sole Shareholder in the Company - May 8 at 3:59 AM logoMall Operator Grows in Brazil Undeterred by Protests and Graft - March 14 at 6:39 AM logo4:20 am Gazit-Globe terminates the sale process of its portfolio in Israel; received offer insignificant premium to its book value - March 2 at 4:20 AM logoEquity One Finds What Fits - February 26 at 8:07 AM logoGazit-Globe Announces Closing of Secondary Offering of EQY Shares - December 16 at 4:00 PM logoGAZIT-GLOBE LTD Financials - December 8 at 1:09 PM logoGazit-Globe Reports Third Quarter 2015 Financial Results - November 30 at 3:40 AM logoGazit-Globe to Report Third Quarter 2015 Financial Results on November 30, 2015 - November 24 at 5:22 AM logoGazit-Globe Announces It Has Reached a 5% Stake in BR Malls, the Leading Brazilian Shopping Center Company - October 18 at 3:09 AM logoCitycon OYJ -- Moody's assigns Baa2 rating to Citycon's proposed senior unsecured notes - September 8 at 8:03 AM



Gazit Globe Ltd (GZT) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by Staff