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: $1.9 billion
  • Outstanding Shares: 195,263,000
Average Prices:
  • 50 Day Moving Avg: $9.73
  • 200 Day Moving Avg: $9.87
  • 52 Week Range: $8.32 - $10.69
P/E:
  • Trailing P/E Ratio: 6.7101
  • Foreward P/E Ratio: 12.47
  • P/E Growth: 0.0000
Sales & Book Value:
  • Annual Revenue: $1.38 billion
  • Price / Sales: 1.38
  • Book Value: $13.13 per share
  • Price / Book: 0.74
Dividend:
  • Annual Dividend: $0.40
  • Dividend Yield: 4.1%
Profitability:
  • EBITDA: $795.46 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: 0.39%
Misc:
  • Average Volume: 6,405 shs.
  • Beta: 1.08
 

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 paid a dividend of $0.0966 per share on Tuesday, October 3rd. The ex-dividend date 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 (EPS) for the quarter. The company had revenue of $191.66 million for 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?

3 analysts have issued 1 year price targets for Gazit-Globe's stock. Their predictions range from $11.00 to $11.00. On average, they expect Gazit-Globe's share price to reach $11.00 in the next twelve months. 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

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 $9.73.


MarketBeat Community Rating for Gazit-Globe (NYSE GZT)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  60 (Vote Outperform)
Underperform Votes:  101 (Vote Underperform)
Total Votes:  161
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: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $11.00 (13.06% upside)
Consensus Price Target History for Gazit-Globe (NYSE:GZT)
Price Target History for Gazit-Globe (NYSE:GZT)
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 10/17/2015 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: $0.7800 EPS

Dividends

Current Dividend Information for Gazit-Globe (NYSE:GZT)
Most Recent Dividend:10/3/2017
Annual Dividend:$0.40
Dividend Yield:4.11%
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 Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - October 15 at 2:46 AM
americanbankingnews.com logoAnalyzing Transcontinental Realty Investors (TCI) & Gazit-Globe (GZT)
www.americanbankingnews.com - October 7 at 10:24 PM
americanbankingnews.com logoComparing Transcontinental Realty Investors (TCI) & Gazit-Globe (GZT)
www.americanbankingnews.com - September 25 at 12:26 AM
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 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 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) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - August 1 at 8:01 AM
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
finanznachrichten.de logoGazit-Globe: Gazit-Globe Launches U.S. Investment Subsidiary Gazit Horizons
www.finanznachrichten.de - May 3 at 3:19 PM
nasdaq.com logoGazit-Globe Ltd. (GZT) Ex-Dividend Date Scheduled for December 02,
www.nasdaq.com - December 1 at 10:40 AM
us.rd.yahoo.com logo7:30 am Gazit-Globe CEO to step down Jan 31; Dori Segal named CEO
us.rd.yahoo.com - November 30 at 9:16 AM
zacks.com logoNew Strong Sell Stocks for September 23rd
www.zacks.com - September 23 at 10:21 AM
nasdaq.com logoGazit-Globe Enters Oversold Territory (GZT)
www.nasdaq.com - June 2 at 5:36 PM
bloomberg.com logoMall Operator Grows in Brazil Undeterred by Protests and Graft
www.bloomberg.com - March 14 at 6:39 AM
wsj.com logoEquity One Finds What Fits
www.wsj.com - February 26 at 8:07 AM
moodys.com logoCitycon OYJ -- Moody's assigns Baa2 rating to Citycon's proposed senior unsecured notes
www.moodys.com - September 8 at 8:03 AM

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Chart

Gazit-Globe (GZT) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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