Melisron stock trades near its yearly low as profit grows

Published on 10/07/2026 at 09:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Melisron stock posted ILS 289 million in second-quarter net income, up from ILS 265 million in Q1. Zacks set a ILA 55,680 valuation on September 17, 2026.

Melisron, IL0003230146, Illustration mit AI erstellt.

Melisron stock (ISIN IL0003230146) was trading at ILA 37,130 on the Tel Aviv Stock Exchange on October 7, 2026 at 10:34 a.m. IDT, up 0.65 percent from the prior close and 1.25 percent above its 52-week low of ILA 36,670. The latest operating figures show higher quarterly profit alongside continued mall growth.

Second quarter profit advances

According to Melisron, second-quarter 2026 revenue reached ILS 588 million, compared with ILS 580 million in the first quarter, while net income rose to ILS 289 million from ILS 265 million. The sequential net-income increase was 9.1 percent, giving the June 30, 2026 quarter a stronger earnings profile than the preceding period.

Melisron also reported second-quarter net operating income of ILS 412 million and an 11 percent increase in shopping mall sales. The company operates retail shopping centers, office complexes, high-tech parks and residential projects, with retail malls representing 68 percent of its operational mix as of June 30, 2026.

Valuation points above the market

Zacks set a price target of ILA 55,680 in its September 17, 2026 initiation report. That target lies 50.0 percent above the October 7 price of ILA 37,130, making valuation the clearest counterpoint to the stock's position near its yearly floor.

Zonebourse lists a Buy consensus from one analyst, with an average target of ILS 523.40, a low target of ILS 490.00 and a high target of ILS 556.80. The figures provide a separate market view from the Zacks valuation and keep the analyst picture concentrated rather than broad-based.

Trading near the yearly floor

Melisron's 52-week range is ILA 36,670 to ILA 47,900, placing the October 7 quote 22.5 percent below the yearly high. The company reported ILS 18.0 billion in market capitalization on October 1, 2026, while its June 30 asset overview listed 29 company-owned rental properties, 97.8 percent average occupancy and ILS 28 billion in total asset value.

Melisron stock holds above its low

Melisron stock was last at ILA 37,130 on October 7, 2026 at 10:34 a.m. IDT, with a 0.65 percent daily gain and a position 1.25 percent above its 52-week low.