REIT 1 Ltd., established in 2006 as Israel's first Real Estate Investment Trust (REIT), was created following the approval of REIT structures by Israeli authorities to enable broad public participation in large-scale commercial property investments. REITs have been widely used globally since the 1960s, and REIT 1 owns and operates a portfolio of nearly 750,000 square meters located in attractive locations and submarkets throughout Israel. The company's shares trade on the Tel Aviv Stock Exchange under the ticker symbol RITI and are included in the Tel Aviv 125 and Tel-Div indices. REIT 1 is rated ilAA/Stable by Standard & Poor's Ma'alot.
Frequently asked questions
What sector does Reit 1 (RIT1) operate in?
Reit 1 belongs to the Real Estate sector and operates in the REIT - Diversified industry.
What is Reit 1 (RIT1) current stock price?
As of the latest data, Reit 1 stock price is ₪21.22, with a previous close of ₪20.80. Reit 1 gained ₪0.42 in the last trading session, representing a 2.02% increase.
What is Reit 1 (RIT1) current market capitalization?
Reit 1 market cap is approximately 4.29 billion.
What is Reit 1 (RIT1) Earnings Per Share (EPS)?
The trailing EPS is ₪2.39.
What is Reit 1 (RIT1) Price-to-Earnings (P/E) ratio?
Reit 1 current P/E ratio is 8.88.
What is Reit 1 (RIT1) EBITDA?
Reit 1 EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 98.58 million.
Does Reit 1 (RIT1) pay dividends?
Yes. Reit 1 pays quarterly dividends with an annualized yield of 4.15% and an estimated annual payout of ₪0.88 per share.
When is the next ex-dividend date for Reit 1 (RIT1)?
The next ex-dividend date is scheduled for September 01, 2026.
What is Reit 1 (RIT1) beta (volatility) score?
Reit 1 has a beta of 0.345, indicating lower volatility than the overall market.
