Gazit-Globe Company Profile (NYSE:GZT)

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.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Real Estate Development & Operations
  • Sub-Industry: N/A
  • Symbol: NYSE:GZT
  • CUSIP: N/A
  • Web: www.gazit-globe.com
Capitalization:
  • Market Cap: $1.93 billion
  • Outstanding Shares: 195,263,000
Average Prices:
  • 50 Day Moving Avg: $9.68
  • 200 Day Moving Avg: $9.94
  • 52 Week Range: $8.32 - $10.69
P/E:
  • Trailing P/E Ratio: 6.92
  • Foreward P/E Ratio: 12.65
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $1.36 billion
  • Price / Sales: 1.42
  • Book Value: $12.89 per share
  • Price / Book: 0.77
Dividend:
  • Annual Dividend: $0.40
  • Dividend Yield: 4.1%
Profitability:
  • EBIDTA: $780.53 million
  • Net Margins: -16.74%
  • Return on Equity: 3.30%
  • Return on Assets: 1.24%
Debt:
  • Debt-to-Equity Ratio: 1.38%
  • Current Ratio: 0.39%
  • Quick Ratio: 1.41%
Misc:
  • Average Volume: 7,928 shs.
  • Beta: 1.12
 

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

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 Tuesday, August 22nd. Stockholders of record on Tuesday, September 19th will be given a dividend of $0.0966 per share on Tuesday, October 3rd. The ex-dividend date of this dividend is Tuesday, September 19th. View Gazit-Globe's Dividend History.

How were Gazit-Globe's earnings last quarter?

Gazit-Globe Ltd. (NYSE:GZT) issued its quarterly earnings data on Tuesday, August, 22nd. The company reported $0.52 earnings per share for the quarter. The company earned $191.66 million during the quarter. Gazit-Globe had a positive return on equity of 3.30% and a negative net margin of 16.74%. View Gazit-Globe's Earnings History.

When will Gazit-Globe make its next earnings announcement?

Gazit-Globe is scheduled to release their next quarterly earnings announcement on Wednesday, November, 22nd 2017. View Earnings Estimates for Gazit-Globe.

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

4 analysts have issued 1-year price targets for Gazit-Globe's shares. Their forecasts range from $11.00 to $14.50. On average, they expect Gazit-Globe's stock price to reach $12.75 in the next year. View Analyst Ratings for Gazit-Globe.

What are 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. " (8/25/2017)
  • 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
  • Adi Jemini, Chief Financial Officer
  • Dina Yogev, Finance Director
  • Jeffrey S. Mooallem, Chief Executive Officer of a Subsidiary-Gazit Horizons Inc
  • Romano Vaisenberger, Vice President, Controller
  • Liad Barzilai, Vice President-Investments
  • Revital Ester Kahlon, General Counsel, Secretary
  • Izchak Naftalin, Internal Auditor
  • Michael Haim Ben Dor, Director
  • Dori Joseph Segal, Director and Executive Vice Chairman of the Board

Who owns Gazit-Globe stock?

Gazit-Globe's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Mawer Investment Management Ltd. (5.15%), Vanguard Group Inc. (1.18%), Bank Hapoalim BM (0.87%), Sentry Investments Corp. (0.46%), Clal Insurance Enterprises Holdings Ltd (0.23%) and State of New Jersey Common Pension Fund D (0.15%). 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 Bank of New York Mellon Corp and Goldman Sachs Group Inc.. View Insider Buying and Selling for Gazit-Globe.

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

Gazit-Globe's stock was bought by a variety of institutional investors in the last quarter, including Mawer Investment Management Ltd., Vanguard Group Inc., Acadian Asset Management LLC, Citigroup Inc., Edmond DE Rothschild Holding S.A., World Asset Management Inc, Comerica Bank and State of New Jersey Common Pension Fund D. 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 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 $9.87.


MarketBeat Community Rating for Gazit-Globe (NYSE GZT)
Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  50 (Vote Outperform)
Underperform Votes:  93 (Vote Underperform)
Total Votes:  143
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

Consensus Ratings for Gazit-Globe (NYSE:GZT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $12.75 (29.18% upside)

Analysts' Ratings History for Gazit-Globe (NYSE:GZT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/12/2017Citigroup Inc.UpgradeNeutral -> Buy$9.20 -> $11.00LowView Rating Details
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
(Data available from 9/22/2015 forward)

Earnings

Earnings History for Gazit-Globe (NYSE:GZT)
Earnings by Quarter for Gazit-Globe (NYSE:GZT)
Earnings History by Quarter for Gazit-Globe (NYSE GZT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/22/2017        
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

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

Dividends

Current Dividend Information for Gazit-Globe (NYSE:GZT)
Next Dividend:10/3/2017
Annual Dividend:$0.40
Dividend Yield:4.05%
Dividend Growth:10.60% (3 Year Average)
Payout Ratio:51.28% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Gazit-Globe (NYSE:GZT)

Dividend History by Quarter for Gazit-Globe (NYSE GZT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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

Insider Trading and Institutional Ownership History for Gazit-Globe (NYSE:GZT)
Institutional Ownership Percentage: 8.75%
Insider Trades by Quarter for Gazit-Globe (NYSE:GZT)
Institutional Ownership by Quarter for Gazit-Globe (NYSE:GZT)
Insider Trades by Quarter for Gazit-Globe (NYSE:GZT)
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

Headline Trends for Gazit-Globe (NYSE:GZT)
Latest Headlines for Gazit-Globe (NYSE:GZT)
Source:
DateHeadline
americanbankingnews.com logoGazit-Globe Ltd. (GZT) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - September 20 at 2:50 AM
americanbankingnews.com logoChaim Katzman Sells 1,055,758 Shares of Gazit-Globe Ltd. (GZT) Stock
www.americanbankingnews.com - September 13 at 7:38 PM
americanbankingnews.com logoContrasting Gazit-Globe (GZT) and Transcontinental Realty Investors (TCI)
www.americanbankingnews.com - September 12 at 10:24 PM
americanbankingnews.com logoGazit-Globe Ltd. (GZT) Upgraded to "Strong-Buy" at Zacks Investment Research
www.americanbankingnews.com - August 25 at 11:02 PM
americanbankingnews.com logoGazit-Globe Ltd. (GZT) Raised to Sell at BidaskClub
www.americanbankingnews.com - August 25 at 8:28 PM
americanbankingnews.com logoFY2017 Earnings Forecast for Gazit-Globe Ltd. (GZT) Issued By National Bank Financial
www.americanbankingnews.com - August 25 at 9:18 AM
finance.yahoo.com logoGazit-Globe Report Strong First Half 2017 Financial Results
finance.yahoo.com - August 23 at 12:51 AM
finance.yahoo.com logoInvestor Network: Gazit-Globe Ltd. to Host Earnings Call
finance.yahoo.com - August 23 at 12:51 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Gazit Globe Ltd.
finance.yahoo.com - August 23 at 12:51 AM
americanbankingnews.com logoComparing Gazit-Globe (GZT) and St. Joe Company (The) (JOE)
www.americanbankingnews.com - August 23 at 12:10 AM
americanbankingnews.com logoGazit-Globe Ltd. (GZT) Plans $0.10 Special Dividend
www.americanbankingnews.com - August 22 at 5:34 PM
americanbankingnews.com logoGazit-Globe Ltd. (GZT) Announces Quarterly Earnings Results
www.americanbankingnews.com - August 22 at 10:30 AM
americanbankingnews.com logoBidaskClub Downgrades Gazit-Globe Ltd. (GZT) to Strong Sell
www.americanbankingnews.com - August 20 at 12:36 PM
americanbankingnews.com logoGazit-Globe Ltd. (NYSE:GZT) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - August 15 at 2:16 AM
finance.yahoo.com logoIHS 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
americanbankingnews.com logoGazit Globe Ltd (NYSE:GZT) Upgraded to Sell by BidaskClub
www.americanbankingnews.com - August 5 at 2:56 PM
americanbankingnews.com logoGazit-Globe Ltd. (NYSE:GZT) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - August 1 at 8:01 AM
americanbankingnews.com logoGazit-Globe Ltd. (GZT) Downgraded by BidaskClub
www.americanbankingnews.com - July 29 at 4:10 PM
americanbankingnews.com logoComparing Gazit-Globe (GZT) and Gafisa SA (GFA)
www.americanbankingnews.com - July 28 at 6:04 PM
americanbankingnews.com logoReviewing RMR Group (RMR) & Gazit-Globe (NYSE:GZT)
www.americanbankingnews.com - July 14 at 6:36 PM
americanbankingnews.com logoHead-To-Head Comparison: Gafisa SA (GFA) and Gazit-Globe (GZT)
www.americanbankingnews.com - July 13 at 12:26 PM
finance.yahoo.com logoETFs with exposure to Gazit-Globe Ltd. : July 6, 2017
finance.yahoo.com - July 7 at 5:59 AM
americanbankingnews.com logoGazit-Globe Ltd. (NYSE:GZT) Cut to "Sell" at BidaskClub
www.americanbankingnews.com - July 5 at 9:54 PM
finance.yahoo.com logoGazit-Globe Ltd. :GZT-US: Earnings Analysis: Q1, 2017 By the Numbers : June 19, 2017
finance.yahoo.com - June 19 at 12:43 PM
americanbankingnews.com logoGazit-Globe (GZT) vs. Green Brick Partners (GRBK) Financial Analysis
www.americanbankingnews.com - June 13 at 2:04 PM
americanbankingnews.com logoGazit Globe Ltd (GZT) Lifted to "Hold" at BidaskClub
www.americanbankingnews.com - June 10 at 7:58 PM
americanbankingnews.com logoGazit Globe Ltd (GZT) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - June 10 at 7:48 AM
americanbankingnews.com logo Analysts Set $11.29 Price Target for Gazit Globe Ltd (GZT)
www.americanbankingnews.com - June 9 at 11:00 AM
americanbankingnews.com logoContrasting Gazit Globe (GZT) & Howard Hughes Corp (HHC)
www.americanbankingnews.com - June 4 at 7:48 AM
americanbankingnews.com logoGazit Globe Ltd (GZT) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - May 31 at 12:02 AM
americanbankingnews.com logoNational Bank Financial Comments on Gazit Globe Ltd's FY2017 Earnings (GZT)
www.americanbankingnews.com - May 26 at 9:45 AM
americanbankingnews.com logoFY2018 Earnings Forecast for Gazit Globe Ltd Issued By National Bank Financial (GZT)
www.americanbankingnews.com - May 25 at 12:05 PM
americanbankingnews.com logoGazit Globe Ltd (GZT) Given Buy Rating at TD Securities
www.americanbankingnews.com - May 25 at 7:44 AM
americanbankingnews.com logo Gazit Globe Ltd (GZT) Given Consensus Rating of "" by Brokerages
www.americanbankingnews.com - May 24 at 8:36 PM
americanbankingnews.com logoGazit Globe Ltd (GZT) Increases Dividend to $0.10 Per Share
www.americanbankingnews.com - May 24 at 6:28 PM
americanbankingnews.com logoGazit Globe Ltd (GZT) Releases Quarterly Earnings Results
www.americanbankingnews.com - May 24 at 10:34 AM
finance.yahoo.com logoIsraeli real estate developer Gazit-Globe posts unchanged Q1 loss
finance.yahoo.com - May 23 at 11:38 AM
finance.yahoo.com logoGazit-Globe Reports First Quarter 2017 Financial Results
finance.yahoo.com - May 23 at 11:38 AM
americanbankingnews.com logo Brokerages Set $11.09 Target Price for Gazit Globe Ltd (GZT)
www.americanbankingnews.com - May 9 at 8:50 PM
finanznachrichten.de logoGazit-Globe: Gazit-Globe Launches U.S. Investment Subsidiary Gazit Horizons
www.finanznachrichten.de - May 3 at 3:19 PM
finance.yahoo.com logoGazit-Globe Launches U.S. Investment Subsidiary Gazit Horizons
finance.yahoo.com - May 3 at 3:19 PM
americanbankingnews.com logoGazit Globe (GZT) Given News Sentiment Score of -0.03
www.americanbankingnews.com - May 3 at 12:37 PM
americanbankingnews.com logoGazit Globe (GZT) Earns News Impact Score of 0.44
www.americanbankingnews.com - April 30 at 12:47 PM
finance.yahoo.com logoGazit Brasil Acquired the Remaining 30% Stake in Extra Itaim and Now Owns 100% of this Prime Urban Asset
finance.yahoo.com - April 27 at 8:17 AM
americanbankingnews.com logoFavorable Press Coverage Somewhat Likely to Impact Gazit Globe (GZT) Stock Price
www.americanbankingnews.com - April 27 at 1:07 AM
finance.yahoo.com logoGazit Globe Announces Date for Q1 2017 Results Conference Call
finance.yahoo.com - April 25 at 10:58 AM
americanbankingnews.com logoGazit Globe (GZT) Receiving Somewhat Critical News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 23 at 11:02 AM
americanbankingnews.com logoGazit Globe (GZT) Receives Daily News Impact Score of 0.51
www.americanbankingnews.com - April 18 at 11:28 AM
finance.yahoo.com logoHigh rents are stealing lunch from retail, not e-commerce...
finance.yahoo.com - April 17 at 5:03 PM
finance.yahoo.com logoETFs with exposure to Gazit-Globe Ltd. : April 7, 2017
finance.yahoo.com - April 7 at 5:29 PM

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Chart

Gazit-Globe (GZT) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff