Mivne Real Estate posts ILS 324.88 million: target for Mivne Real Estate stock is ILS 1,650.00

Published on 10/09/2026 at 13:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mivne Real Estate reported ILS 324.88 million revenue in the second quarter of 2026. The target for Mivne Real Estate stock stands at ILS 1,650.00.

Key points in brief

Mivne Real Estate reported ILS 324.88 million revenue in the second quarter of 2026.
Second-quarter net income fell to ILS 122.43 million from ILS 148.53 million in the first quarter.
MVNE.TA stood at ILA 1,196.00 on October 9, 2026, while market capitalization was ILA 8.7 billion.
One analyst target stands at ILS 1,650.00, according to Investing.com.

Mivne Real Estate (K.d), IL0002260193, Illustration mit AI erstellt.

Mivne Real Estate (K.d) (ISIN IL0002260193) reported ILS 324.88 million revenue and ILS 122.43 million net income in the second quarter of 2026. Investing.com identifies August 18, 2026 as the latest release date, while the stock's analyst target stands at ILS 1,650.00.

Three dated company events

Marketscreener lists August 18, 2026 as the date of Mivne Real Estate's second-quarter and first-half results, with second-quarter revenue of ILS 324.88 million. The same dated company-event list records a dividend announcement on August 18, 2026, followed by a payment date of September 16, 2026.

What does the result mean for margins?

The latest quarter shows a mixed operating picture. Revenue increased from ILS 313.33 million in the first quarter of 2026 to ILS 324.88 million in the second quarter, a gain of 3.69 percent. Net income moved in the opposite direction, falling from ILS 148.53 million to ILS 122.43 million, a decrease of 17.57 percent.

Operating cash flow reached ILS 338.54 million in the second quarter, compared with ILS 247.35 million in the first quarter. The balance sheet showed ILS 21.01 billion in total assets and ILS 9.64 billion in total debt at June 30, 2026.

Target remains above the market level

Investing.com reports one analyst rating the stock a Buy and places the 12-month target at ILS 1,650.00. The target is a forecast in Israeli shekels, while the Tel Aviv quotation is displayed in agorot, so the two figures are not combined into a euro comparison.

The finance profile classifies Mivne Real Estate as a real estate development company with operations spanning offices, retail, industrial, logistics and residential properties. The company website describes income-producing properties covering 1.9 million square meters, with additional activities in data centers, photovoltaic energy and electric charging stations.

Stock remains below its yearly high

MVNE.TA stood at ILA 1,196.00 on the Tel Aviv Stock Exchange on October 9, 2026 at 1:44 p.m. IDT. Its 52-week range was ILA 1,153.00 to ILA 1,648.00, putting the quotation 27.43 percent below the high; market capitalization was ILA 8.7 billion on the same date.