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:
  • Market Cap: $1.94041 billion
  • Outstanding Shares: 194,874,000
Average Prices:
  • 50 Day Moving Avg: $9.68
  • 200 Day Moving Avg: $9.94
  • 52 Week Range: $8.32 - $10.69
  • Trailing P/E Ratio: 6.81
  • Foreward P/E Ratio: 11.09
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $1.38 billion
  • Price / Sales: 1.39
  • Book Value: $13.13 per share
  • Price / Book: 0.75
  • Annual Dividend: $0.40
  • Dividend Yield: 4.1%
  • EBIDTA: $795.46 million
  • Net Margins: -16.74%
  • Return on Equity: 3.30%
  • Return on Assets: 1.24%
  • Debt-to-Equity Ratio: 1.38%
  • Current Ratio: 0.39%
  • Quick Ratio: 0.39%
  • 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 declared 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) posted its earnings results on Tuesday, August, 22nd. The company reported $0.52 EPS 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 brokers have issued 12-month target prices for Gazit-Globe's stock. 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 a variety of of institutional and retail investors. Top institutional investors 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 acquired 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:  1.8 out of 5 (star)
Outperform Votes:  54 (Vote Outperform)
Underperform Votes:  94 (Vote Underperform)
Total Votes:  148
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)
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 9/25/2015 forward)


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
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)


Earnings Estimates for Gazit-Globe (NYSE:GZT)
Current Year EPS Consensus Estimate: $0.93 EPS
Next Year EPS Consensus Estimate: $0.89 EPS


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:43.01% (Based on This Year's Estimates)
44.94% (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
(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)


Headline Trends for Gazit-Globe (NYSE:GZT)
Latest Headlines for Gazit-Globe (NYSE:GZT)
DateHeadline logoComparing Transcontinental Realty Investors (TCI) & Gazit-Globe (GZT) - September 25 at 12:26 AM logoGazit-Globe Ltd. (GZT) Receives Consensus Rating of "Hold" from Analysts - September 20 at 2:50 AM logoChaim Katzman Sells 1,055,758 Shares of Gazit-Globe Ltd. (GZT) Stock - September 13 at 7:38 PM logoContrasting Gazit-Globe (GZT) and Transcontinental Realty Investors (TCI) - September 12 at 10:24 PM logoGazit-Globe Ltd. (GZT) Upgraded to "Strong-Buy" at Zacks Investment Research - August 25 at 11:02 PM logoGazit-Globe Ltd. (GZT) Raised to Sell at BidaskClub - August 25 at 8:28 PM logoFY2017 Earnings Forecast for Gazit-Globe Ltd. (GZT) Issued By National Bank Financial - August 25 at 9:18 AM logoGazit-Globe Report Strong First Half 2017 Financial Results - August 23 at 12:51 AM logoInvestor Network: Gazit-Globe Ltd. to Host Earnings Call - August 23 at 12:51 AM logoSee what the IHS Markit Score report has to say about Gazit Globe Ltd. - August 23 at 12:51 AM logoComparing Gazit-Globe (GZT) and St. Joe Company (The) (JOE) - August 23 at 12:10 AM logoGazit-Globe Ltd. (GZT) Plans $0.10 Special Dividend - August 22 at 5:34 PM logoGazit-Globe Ltd. (GZT) Announces Quarterly Earnings Results - August 22 at 10:30 AM logoBidaskClub Downgrades Gazit-Globe Ltd. (GZT) to Strong Sell - August 20 at 12:36 PM logoGazit-Globe Ltd. (NYSE:GZT) Scheduled to Post Quarterly Earnings on Tuesday - August 15 at 2:16 AM logoIHS Markit Score Update: Drop in demand for ETFs holding Gazit Globe Ltd is a negative sign for its shares - August 14 at 7:40 PM logoGazit Globe Ltd (NYSE:GZT) Upgraded to Sell by BidaskClub - August 5 at 2:56 PM logoGazit-Globe Ltd. (NYSE:GZT) Given Average Rating of "Hold" by Analysts - August 1 at 8:01 AM logoGazit-Globe Ltd. (GZT) Downgraded by BidaskClub - July 29 at 4:10 PM logoComparing Gazit-Globe (GZT) and Gafisa SA (GFA) - July 28 at 6:04 PM logoReviewing RMR Group (RMR) & Gazit-Globe (NYSE:GZT) - July 14 at 6:36 PM logoHead-To-Head Comparison: Gafisa SA (GFA) and Gazit-Globe (GZT) - July 13 at 12:26 PM logoETFs with exposure to Gazit-Globe Ltd. : July 6, 2017 - July 7 at 5:59 AM logoGazit-Globe Ltd. (NYSE:GZT) Cut to "Sell" at BidaskClub - July 5 at 9:54 PM logoGazit-Globe Ltd. :GZT-US: Earnings Analysis: Q1, 2017 By the Numbers : June 19, 2017 - June 19 at 12:43 PM logoGazit-Globe (GZT) vs. Green Brick Partners (GRBK) Financial Analysis - June 13 at 2:04 PM logoGazit Globe Ltd (GZT) Lifted to "Hold" at BidaskClub - June 10 at 7:58 PM logoGazit Globe Ltd (GZT) Cut to "Hold" at Zacks Investment Research - June 10 at 7:48 AM logo Analysts Set $11.29 Price Target for Gazit Globe Ltd (GZT) - June 9 at 11:00 AM logoContrasting Gazit Globe (GZT) & Howard Hughes Corp (HHC) - June 4 at 7:48 AM logoGazit Globe Ltd (GZT) Rating Increased to Buy at Zacks Investment Research - May 31 at 12:02 AM 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



Gazit-Globe (GZT) Chart for Monday, September, 25, 2017

This page was last updated on 9/25/2017 by Staff