Migdal Insurance and Financial stock reports ILS 574.0 million profit
Published on 10/07/2026 at 09:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMigdal Insurance and Financial stock was trading at ILA 1,963 on the Tel Aviv Stock Exchange at 9:59 a.m. IDT on October 7, 2026, down 0.36 percent from ILA 1,970. The latest quarterly net income was ILS 574.0 million, giving the insurer a concrete earnings anchor for the current valuation.
Quarterly profit sets the anchor
According to Investing.com on August 17, 2026, Migdal Insurance reported quarterly earnings per share of ILS 0.54 and net income of ILS 574.0 million. The latest quarterly revenue figure shown on the page was ILS 3.18 billion, while the standardized Q2 2026 statement reports revenue of ILS 14.051 billion and net income of ILS 574.0 million.
The earnings mix matters because Migdal operates across insurance, pensions and financial asset management. The company describes its group as serving customers through insurance products, pension services and long-term financial asset management, according to its Migdal Insurance and Financial Holdings website.
Share price stays below yearly high
The market picture is more restrained than the earnings figure. At ILA 1,963, the stock was 10.93 percent below its 52-week high of ILA 2,204 and 89.38 percent above its 52-week low of ILA 1,036 on October 7, 2026.
Trading volume stood at 60,778 shares during the same session, while market capitalization was ILA 20.8 billion. The daily range ran from ILA 1,962 to ILA 1,963, placing the quote close to the session low and keeping the immediate price signal weaker than the longer 52-week comparison.
Valuation meets insurance risk
A recent valuation review by Yahoo Finance described the stock at a P/E ratio of 11.9 on September 21, 2026, compared with a direct-peer average of 12.6. The same review placed the SWS discounted cash flow value at ILA 2,193 against a share price of ILA 2,139 at that time.
The counter-factor is the group's exposure to life insurance and long-term savings revenue. Regulatory changes or weaker profitability in those activities would affect how investors interpret the current earnings multiple, a risk identified in the same Yahoo Finance review.
Stock trades at ILA 1,963
Migdal Insurance and Financial stock was last at ILA 1,963 on the Tel Aviv Stock Exchange on October 7, 2026, with the 52-week range at ILA 1,036 to ILA 2,204.
Migdal Insurance and Financial stock facts
- Company: Migdal Insurance and Financial Holdings Ltd.
- ISIN: IL0010811656
- Ticker: MGDL.TA
- Trading venue: Tel Aviv Stock Exchange
- Price (as of October 7, 2026, 9:59 a.m. IDT): ILA 1,963
- Market capitalization: ILA 20.8 billion (as of October 7, 2026)
- 52-week range: ILA 1,036-2,204 (as of October 7, 2026)
- Sector / Industry: Financials / Insurance
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