Live nieuws • Jun 13
Elbit Systems Sees Strong Orders and Upgraded Earnings Driving Outperformance Elbit Systems is seeing strong demand from Israel and European customers, supported by substantial new defense contracts and government backing.
The company is progressing advanced technologies such as an airborne laser system aimed at countering drones and missiles, alongside established products like Night Vision Head-Up Display systems for the U.S. Army and Marine Corps.
Consensus earnings estimates for Elbit Systems have been raised by 8.8% to 12.5% in recent months, following what has been described as excellent first-quarter results, a solid order backlog and a valuation that is characterized as low.
The combination of rising demand, a growing pipeline of defense programs and upgraded earnings expectations points to a business with strong operational momentum and visible revenue sources through its backlog.
Investors should keep in mind that the stock has already outperformed both the S&P 500 and aerospace and defense peers, so expectations around execution and future contracts are likely higher than before. Live nieuws • Jun 04
Elbit Systems Reports Record $30b Backlog After Securing Major European Defense Contracts Elbit Systems reported double-digit revenue and profitability growth in Q1 2026, with non-GAAP operating margins above 10% and an order backlog exceeding $30 billion for the first time.
The company secured about $1.4 billion in contracts from a European customer for a five-year military modernization program, covering autonomous platforms, land electronic warfare, precision-guided munitions, electro-optical reconnaissance, and software-defined radios.
Elbit also won a $750 million contract to supply artillery rocket systems to the Hellenic Armed Forces and is increasing investment in manufacturing capacity, automation, robotics, AI and next-generation R&D, while insider share sales totaled $61.9 million over the past quarter.
The combination of record backlog and large multi-year European contracts points to a high level of visibility for Elbit’s defense programs and production pipeline.
Insider selling and the heavy investment in capacity and technology are worth watching, since they influence both near-term cash needs and how you interpret management’s confidence signals. Declared Dividend • May 29
First quarter dividend of US$1.00 announced Shareholders will receive a dividend of US$1.00. Ex-date: 23rd June 2026 Payment date: 6th July 2026 Dividend yield will be 0.4%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 27%. Cash payout ratio: 31%. Aankondiging • May 27
Elbit Systems Ltd. Declares Dividend, Payable on July 6, 2026 The Board of Directors of Elbit Systems Ltd. declared a dividend of $1.00 per share. The dividend's record date is June 23, 2026. The dividend will be paid on July 6, 2026, after deduction of withholding tax, at the rate of 16.8%. Reported Earnings • May 27
First quarter 2026 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2026 results: EPS: US$3.46 (up from US$2.40 in 1Q 2025). Revenue: US$2.19b (up 16% from 1Q 2025). Net income: US$160.8m (up 50% from 1Q 2025). Profit margin: 7.3% (up from 5.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Asia. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Apr 27
Elbit Systems Ltd. to Report Q1, 2026 Results on May 26, 2026 Elbit Systems Ltd. announced that they will report Q1, 2026 results Pre-Market on May 26, 2026 Recent Insider Transactions Derivative • Apr 12
President & CEO exercised options and sold ₪69m worth of stock On the 9th of April, Bezhalel Machlis exercised 30k options at a strike price of around ₪411 and sold these shares for an average price of ₪2,723 per share. This trade did not impact their existing holding. As of today, Bezhalel currently holds no shares directly. Company insiders have collectively sold ₪169m more than they bought, via options and on-market transactions in the last 12 months. Upcoming Dividend • Apr 06
Upcoming dividend of US$1.00 per share Eligible shareholders must have bought the stock before 13 April 2026. Payment date: 27 April 2026. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Israeli dividend payers (5.5%). Lower than average of industry peers (0.7%). Declared Dividend • Mar 20
Fourth quarter dividend of US$1.00 announced Shareholders will receive a dividend of US$1.00. Ex-date: 13th April 2026 Payment date: 27th April 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 27%. Cash payout ratio: 34%. Reported Earnings • Mar 18
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: US$11.69 (up from US$7.22 in FY 2024). Revenue: US$7.94b (up 16% from FY 2024). Net income: US$534.3m (up 66% from FY 2024). Profit margin: 6.7% (up from 4.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.3%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Aerospace & Defense industry in Asia. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Mar 17
Elbit Systems Ltd. Declares Dividend, Payable on April 27, 2026 The Board of Directors of Elbit Systems Ltd. declared a dividend of $1.00 per share. The dividend's record date is April 13, 2026. The dividend will be paid on April 27, 2026, after deduction of taxes at the source, at the rate of 16.8%. Aankondiging • Feb 17
Elbit Systems Ltd. to Report Q4, 2025 Results on Mar 17, 2026 Elbit Systems Ltd. announced that they will report Q4, 2025 results at 12:46 PM, Israel Standard Time on Mar 17, 2026 Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₪2,148, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 44x in the Aerospace & Defense industry in Asia. Total returns to shareholders of 280% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₪934 per share. Upcoming Dividend • Dec 15
Upcoming dividend of US$0.75 per share Eligible shareholders must have bought the stock before 22 December 2025. Payment date: 05 January 2026. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Israeli dividend payers (5.3%). Lower than average of industry peers (0.9%). Declared Dividend • Nov 20
Third quarter dividend of US$0.75 announced Shareholders will receive a dividend of US$0.75. Ex-date: 22nd December 2025 Payment date: 5th January 2026 Dividend yield will be 0.5%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 27%. Cash payout ratio: 19%. Reported Earnings • Nov 19
Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2025 results: EPS: US$2.88 (up from US$1.78 in 3Q 2024). Revenue: US$1.92b (up 12% from 3Q 2024). Net income: US$133.4m (up 69% from 3Q 2024). Profit margin: 6.9% (up from 4.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) exceeded analyst estimates by 16%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Aerospace & Defense industry in Asia. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Nov 18
Elbit Systems Ltd. Declares Dividend, Payable on January 5, 2026 The Board of Directors of Elbit Systems Ltd. declared a dividend of $0.75 per share. The dividend's record date is December 22, 2025. The dividend will be paid on January 5, 2026, after deduction of withholding tax, at the rate of 16.8%. Aankondiging • Oct 27
Elbit Systems Ltd. to Report Q3, 2025 Results on Nov 18, 2025 Elbit Systems Ltd. announced that they will report Q3, 2025 results on Nov 18, 2025 Upcoming Dividend • Oct 08
Upcoming dividend of US$0.75 per share Eligible shareholders must have bought the stock before 15 October 2025. Payment date: 27 October 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Israeli dividend payers (5.5%). Lower than average of industry peers (0.9%). Aankondiging • Sep 20
Elbit Systems Ltd., Annual General Meeting, Oct 29, 2025 Elbit Systems Ltd., Annual General Meeting, Oct 29, 2025. Location: advanced technology center, haifa, Israel Aankondiging • Aug 27
Elbit Systems Ltd.' JUPITER Space Camera Successfully Launches Aboard the NAOS Satellite, in Collaboration with OHB-Italia Elbit Systems Ltd. announced the successful launch of its advanced JUPITER space camera aboard the National Advanced Optical System (NAOS) satellite, supporting a wide span of earth Observation missions, including military operations, environmental monitoring and scientific research. The NAOS satellite, manufactured by OHB Italia S.p. A., was launched on August 26th from Vandenberg Space Force Base, California, USA, aboard a Falcon 9 rocket operated by SpaceX. Developed by Elbit Systems ISTAR&EW - ELOP, JUPITER is one of the world's most advanced space cameras, featuring a very large aperture and an exceptionally lightweight design. The camera is multispectral, offering a combination of imaging channels: A high-resolution panchromatic channel (black and white), which captures fine spatial details across the full visible spectrum. RGB channels (red, green, blue) for true-color imaging. A NIR channel (Near-Infrared), which enables analysis of vegetation health, water content, and material properties. The data generated by the JUPITER camera is designed for seamless integration with both onboard systems and ground station analytics platforms. Its compatibility with advanced image processing and AI engines enables the extension of actionable insights, supporting informed decision-making across a wide range of applications. In addition to the camera, Elbit Systems developed and supplied advanced algorithms to support the ground segment of the NAOS mission, enhancing image analysis capabilities. This achievement is the result of a close collaboration between OHB Italia and Elbit Systems, combining satellite engineering excellence with top-tier imaging technology to deliver one of the highest-performing spaceborne optical systems in the world. Declared Dividend • Aug 16
Second quarter dividend of US$0.75 announced Shareholders will receive a dividend of US$0.75. Ex-date: 15th October 2025 Payment date: 27th October 2025 Dividend yield will be 0.4%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 27%. Cash payout ratio: 22%. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: US$2.76 (vs US$1.76 in 2Q 2024) Second quarter 2025 results: EPS: US$2.76 (up from US$1.76 in 2Q 2024). Revenue: US$1.97b (up 21% from 2Q 2024). Net income: US$125.7m (up 60% from 2Q 2024). Profit margin: 6.4% (up from 4.8% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Aerospace & Defense industry in Asia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Aug 13
Elbit Systems Ltd. Declares Dividend, Payable on October 27, 2025 The Board of Directors of Elbit Systems Ltd. declared a dividend of $0.75 per share. The dividend's record date is October 14, 2025. The dividend will be paid on October 27, 2025, after deduction of withholding tax, at the rate of 16.8%. Aankondiging • Jul 30
Elbit Systems Ltd. to Report Q2, 2025 Results on Aug 13, 2025 Elbit Systems Ltd. announced that they will report Q2, 2025 results on Aug 13, 2025 Upcoming Dividend • Jun 17
Upcoming dividend of US$0.60 per share Eligible shareholders must have bought the stock before 24 June 2025. Payment date: 07 July 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Israeli dividend payers (6.3%). Lower than average of industry peers (1.0%). Declared Dividend • May 22
Dividend of US$0.60 announced Shareholders will receive a dividend of US$0.60. Ex-date: 24th June 2025 Payment date: 7th July 2025 Dividend yield will be 0.5%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 28%. Cash payout ratio: 19%. Reported Earnings • May 20
First quarter 2025 earnings released: EPS: US$2.40 (vs US$1.66 in 1Q 2024) First quarter 2025 results: EPS: US$2.40 (up from US$1.66 in 1Q 2024). Revenue: US$1.90b (up 22% from 1Q 2024). Net income: US$107.1m (up 45% from 1Q 2024). Profit margin: 5.6% (up from 4.7% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Aerospace & Defense industry in Asia. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 20
Elbit Systems Ltd. Declares Dividend, Payable on July 7, 2025 The Board of Directors of Elbit Systems Ltd. declared a dividend of $0.60 per share. The dividend's record date is June 24, 2025. The dividend will be paid on July 7, 2025, after deduction of withholding tax, at the rate of 16.8%. New Risk • May 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Apr 28
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 30% to ₪1,394. The fair value is estimated to be ₪1,155, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. Upcoming Dividend • Apr 15
Upcoming dividend of US$0.60 per share Eligible shareholders must have bought the stock before 22 April 2025. Payment date: 05 May 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Israeli dividend payers (6.3%). Lower than average of industry peers (1.3%). Buy Or Sell Opportunity • Apr 12
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 38% to ₪1,470. The fair value is estimated to be ₪1,207, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. Declared Dividend • Mar 20
Fourth quarter dividend of US$0.60 announced Shareholders will receive a dividend of US$0.60. Ex-date: 22nd April 2025 Payment date: 5th May 2025 Dividend yield will be 0.4%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 34%. Cash payout ratio: 33%. Reported Earnings • Mar 19
Full year 2024 earnings released: EPS: US$7.22 (vs US$4.85 in FY 2023) Full year 2024 results: EPS: US$7.22 (up from US$4.85 in FY 2023). Revenue: US$6.83b (up 14% from FY 2023). Net income: US$321.1m (up 49% from FY 2023). Profit margin: 4.7% (up from 3.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Aerospace & Defense industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Mar 18
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 59% to ₪1,492. The fair value is estimated to be ₪1,189, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 5.6%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 20% per annum over the same time period. Aankondiging • Mar 18
Elbit Systems Ltd. Declares Dividend, Payable on May 5, 2025 The Board of Directors of Elbit Systems Ltd. declared a dividend of $0.60 per share. The dividend's record date is April 22, 2025. The dividend will be paid on May 5, 2025, after deduction of taxes at the source, at the rate of 16.8%. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪1,235, the stock trades at a trailing P/E ratio of 58.5x. Average forward P/E is 28x in the Aerospace & Defense industry in Israel. Total returns to shareholders of 90% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₪1,166 per share. Aankondiging • Feb 26
Elbit Systems Ltd. to Report Q4, 2024 Results on Mar 18, 2025 Elbit Systems Ltd. announced that they will report Q4, 2024 results on Mar 18, 2025 Upcoming Dividend • Dec 16
Upcoming dividend of US$0.50 per share Eligible shareholders must have bought the stock before 23 December 2024. Payment date: 06 January 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Israeli dividend payers (6.0%). Lower than average of industry peers (1.6%). Declared Dividend • Nov 21
Third quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 23rd December 2024 Payment date: 6th January 2025 Dividend yield will be 0.7%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 34%. Cash payout ratio: 44%. Reported Earnings • Nov 20
Third quarter 2024 earnings released: EPS: US$1.78 (vs US$1.37 in 3Q 2023) Third quarter 2024 results: EPS: US$1.78 (up from US$1.37 in 3Q 2023). Revenue: US$1.72b (up 14% from 3Q 2023). Net income: US$79.1m (up 30% from 3Q 2023). Profit margin: 4.6% (up from 4.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Aerospace & Defense industry in Asia. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Aankondiging • Nov 19
Elbit Systems Ltd. Declares Dividend, Payable on January 6, 2025 Elbit Systems Ltd. declared a dividend of $0.50 per share. The dividend's record date is December 23, 2024. The dividend will be paid on January 6, 2025, after deduction of withholding tax, at the rate of 16.8%. Aankondiging • Oct 29
Elbit Systems Ltd. to Report Q3, 2024 Results on Nov 19, 2024 Elbit Systems Ltd. announced that they will report Q3, 2024 results on Nov 19, 2024 Upcoming Dividend • Oct 08
Upcoming dividend of US$0.50 per share Eligible shareholders must have bought the stock before 15 October 2024. Payment date: 28 October 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Israeli dividend payers (6.8%). Lower than average of industry peers (1.9%). Declared Dividend • Aug 18
Second quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 15th October 2024 Payment date: 28th October 2024 Dividend yield will be 0.8%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 37%. Cash payout ratio: 61%. Aankondiging • Aug 16
Elbit Systems Ltd., Annual General Meeting, Sep 19, 2024 Elbit Systems Ltd., Annual General Meeting, Sep 19, 2024. Location: advanced technology center, haifa Israel Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: US$1.76 (vs US$1.41 in 2Q 2023) Second quarter 2024 results: EPS: US$1.76 (up from US$1.41 in 2Q 2023). Revenue: US$1.63b (up 12% from 2Q 2023). Net income: US$78.4m (up 26% from 2Q 2023). Profit margin: 4.8% (up from 4.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Asia. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Aankondiging • Aug 14
Elbit Systems Ltd. Declares Dividend, Payable on October 28, 2024 Elbit Systems Ltd. announced that the Board of Directors declared a dividend of $0.50 per share. The dividend's record date is October 15, 2024. The dividend will be paid on October 28, 2024, after deduction of withholding tax, at the rate of 16.8%. Aankondiging • Jul 18
Elbit Systems Ltd. to Report Q2, 2024 Results on Aug 14, 2024 Elbit Systems Ltd. announced that they will report Q2, 2024 results on Aug 14, 2024 Upcoming Dividend • Jun 13
Upcoming dividend of US$0.50 per share Eligible shareholders must have bought the stock before 18 June 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Israeli dividend payers (7.4%). Lower than average of industry peers (2.2%). Buy Or Sell Opportunity • Jun 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.3% to ₪700. The fair value is estimated to be ₪876, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has declined by 4.6%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 58% in the next 2 years. Declared Dividend • May 30
First quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 18th June 2024 Payment date: 1st July 2024 Dividend yield will be 0.9%, which is lower than the industry average of 2.0%. Reported Earnings • May 29
First quarter 2024 earnings released: EPS: US$1.66 (vs US$1.40 in 1Q 2023) First quarter 2024 results: EPS: US$1.66 (up from US$1.40 in 1Q 2023). Revenue: US$1.55b (up 12% from 1Q 2023). Net income: US$73.7m (up 19% from 1Q 2023). Profit margin: 4.7% (up from 4.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Aankondiging • May 29
Elbit Systems Ltd. Declares Dividend, Payable on July 1, 2024 Elbit Systems Ltd. declared a dividend of $0.50 per share. The dividend's record date is June 18, 2024. The dividend will be paid on July 1, 2024, after deduction of withholding tax, at the rate of 16.8%. Aankondiging • May 07
Elbit Systems Ltd. to Report Q1, 2024 Results on May 28, 2024 Elbit Systems Ltd. announced that they will report Q1, 2024 results on May 28, 2024 Upcoming Dividend • Apr 17
Upcoming dividend of US$0.50 per share Eligible shareholders must have bought the stock before 24 April 2024. Payment date: 06 May 2024. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Israeli dividend payers (7.1%). Lower than average of industry peers (2.0%). Buy Or Sell Opportunity • Apr 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.5% to ₪751. The fair value is estimated to be ₪950, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 17% per annum over the same time period. Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: US$4.85 (vs US$6.22 in FY 2022) Full year 2023 results: EPS: US$4.85 (down from US$6.22 in FY 2022). Revenue: US$5.97b (up 8.4% from FY 2022). Net income: US$215.1m (down 22% from FY 2022). Profit margin: 3.6% (down from 5.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Aerospace & Defense industry in Asia. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Declared Dividend • Mar 28
Fourth quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 24th April 2024 Payment date: 6th May 2024 Dividend yield will be 0.8%, which is lower than the industry average of 2.0%. Aankondiging • Mar 26
Elbit Systems Ltd. Declares Dividend, Payable on May 6, 2024 Elbit Systems Ltd. declared a dividend of $0.50per share. The dividend's record date is April 24, 2024. The dividend will be paid on May 6, 2024, after deduction of taxes at the source, at the rate of 16.8%. Buy Or Sell Opportunity • Mar 20
Now 20% overvalued Over the last 90 days, the stock has fallen 5.2% to ₪743. The fair value is estimated to be ₪616, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 2.6%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 5.6% per annum over the same time period. Aankondiging • Feb 26
Elbit Systems Ltd. to Report Q4, 2023 Results on Mar 26, 2024 Elbit Systems Ltd. announced that they will report Q4, 2023 results on Mar 26, 2024 Buy Or Sell Opportunity • Feb 09
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.1% to ₪755. The fair value is estimated to be ₪627, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 2.6%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 5.6% per annum over the same time period. Upcoming Dividend • Dec 19
Upcoming dividend of US$0.50 per share at 0.9% yield Eligible shareholders must have bought the stock before 26 December 2023. Payment date: 08 January 2024. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of Israeli dividend payers (7.3%). Lower than average of industry peers (2.0%). Reported Earnings • Nov 29
Third quarter 2023 earnings released: EPS: US$1.37 (vs US$1.27 in 3Q 2022) Third quarter 2023 results: EPS: US$1.37 (up from US$1.27 in 3Q 2022). Revenue: US$1.50b (up 11% from 3Q 2022). Net income: US$60.7m (up 8.0% from 3Q 2022). Profit margin: 4.0% (down from 4.2% in 3Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Aerospace & Defense industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Nov 29
Elbit Systems Ltd. Declares Dividend, Payable on January 8, 2024 Elbit Systems Ltd. declared a dividend of $0.50 per share. The dividend's record date is December 26, 2023. The dividend will be paid on January 8, 2024, after deduction of withholding tax, at the rate of 16.8%. Aankondiging • Nov 06
Elbit Systems Ltd. to Report Q3, 2023 Results on Nov 28, 2023 Elbit Systems Ltd. announced that they will report Q3, 2023 results on Nov 28, 2023 Upcoming Dividend • Oct 03
Upcoming dividend of US$0.50 per share at 1.0% yield Eligible shareholders must have bought the stock before 10 October 2023. Payment date: 23 October 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Israeli dividend payers (7.3%). Lower than average of industry peers (2.0%). Aankondiging • Aug 17
Elbit Systems Ltd. Declares A Dividend, Payable on October 23, 2023 The Board of Directors of Elbit Systems Ltd. declared a dividend of $0.50 per share. The dividend's record date is October 10, 2023. The dividend will be paid on October 23, 2023, after deduction of withholding tax, at the rate of 16.8%. Reported Earnings • Aug 17
Second quarter 2023 earnings released: EPS: US$1.41 (vs US$1.83 in 2Q 2022) Second quarter 2023 results: EPS: US$1.41 (down from US$1.83 in 2Q 2022). Revenue: US$1.45b (up 12% from 2Q 2022). Net income: US$62.4m (down 23% from 2Q 2022). Profit margin: 4.3% (down from 6.2% in 2Q 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Aerospace & Defense industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Aankondiging • Aug 09
Elbit Systems Ltd. Elects Tzipi Livni to the Board of Directors Elbit Systems Ltd. announced at annual general meeting held on August 8, 2023, the shareholders elected Mrs. Tzipi Livni to the board of directors of the company.