Migdal names Eliahu acting CEO: what it means for Migdal stock
Published on 10/14/2026 at 16:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSLeadership change and valuation
- Shlomo Eliahu became acting CEO on October 8, 2026.
- Reported earnings reached ILS 1,903.0 million on ILS 12,812.0 million revenue.
- Migdal Insurance & Financial stock was last at ILA 1,934.00 at 5:08 p.m. IDT on October 14, 2026.
Migdal Insurance & Financial (IL0010811656) appointed controlling shareholder Shlomo Eliahu as acting CEO on October 8, 2026, according to Yahoo Finance. The move places ownership and day-to-day management under the same person, making governance and capital allocation central issues for the stock.
Control meets operating scale
Simply Wall St reported on October 14, 2026 that Migdal earns ILS 1,903.0 million on ILS 12,812.0 million of revenue. The figures describe an insurer and pension provider with exposure to life, health and general insurance, pensions, and financial services.
The same analysis puts net profit margin at 14.90 percent, compared with 12.10 percent a year earlier, while earnings growth reached 39.50 percent over the past year. For investors, that combination makes execution more important than the leadership headline alone because product mix, claims management and investment results can alter profitability.
Why does the valuation matter?
According to Yahoo Finance on October 14, 2026, Migdal trades at a price-to-earnings ratio of 10.70 times, below a peer average of 11.90 times. The comparison is concrete: the market assigns a lower earnings multiple even as the company reports 39.50 percent earnings growth over the past year.
Simply Wall St placed a discounted cash flow value at ILS 21.93 against a reference price of ILS 19.22 in its October 14, 2026 analysis. That estimate is a model output rather than a company target, while concentrated control and changes in claims or investment performance remain important counterweights.
Tel Aviv price and yearly range
Migdal Insurance & Financial stock was last at ILA 1,934.00 on the Tel Aviv Stock Exchange at 5:08 p.m. IDT on October 14, 2026. Its market capitalization was ILA 20.5 billion, while the 52-week range stood at ILA 1,036.00 to ILA 2,204.00 on the same market-data snapshot.
The company says it provides insurance, pension and financial asset-management services in Israel, according to Migdal Insurance & Financial. The further course of trading is shown by the continuously updated real-time quote of Migdal Insurance & Financial stock.
Market context: Market report TA-35.
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