Ituran Location and Control (NASDAQ:ITRN) Issues Earnings Results

Posted by Francis Steltz on Aug 12th, 2026

Ituran Location and Control (NASDAQ:ITRN – Get Free Report) announced its quarterly earnings data on Wednesday. The industrial products company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.01, FiscalAI reports. The company had revenue of $104.79 million during the quarter, compared to analyst estimates of $99.84 million. Ituran Location and Control had a net margin of 16.03% and a return on equity of 27.70%.

Here are the key takeaways from Ituran Location and Control’s conference call:

Ituran reported record second-quarter results, with revenue up 21% year over year to $104.8 million, EBITDA up 24% to $28.5 million, and net income up 29% to $17.3 million. EBITDA margin improved to 27.2%.
Recurring subscription revenue grew 25% to $79.8 million, while the subscriber base added 41,000 net customers to reach 2.711 million. OEM programs, particularly in South America and with Stellantis, Yamaha, and BMW, remain key growth drivers.
Strong cash generation continued, with record operating cash flow of $32.2 million and $103.7 million of net cash and marketable securities with no debt. The company declared a $10 million quarterly dividend and repurchased $3 million of shares.
Big-data initiatives are progressing through pilots and discussions with governmental, transportation, and commercial customers, initially focused on Israel before potential expansion to Brazil and Mexico. However, management characterized IturanMOB in the U.S. as a midterm opportunity unlikely to contribute materially in 2026 or 2027.
Motorcycle telematics is gaining traction in Brazil, while usage-based insurance is growing mainly in Israel but remains limited by low average revenue per user and the insurance industry’s slow adoption of data-driven pricing.

Ituran Location and Control Trading Up 7.3%

ITRN traded up $3.86 on Wednesday, hitting $56.52. 91,492 shares of the company’s stock were exchanged, compared to its average volume of 130,651. The firm has a market cap of $1.12 billion, a PE ratio of 18.65 and a beta of 0.79. Ituran Location and Control has a twelve month low of $32.71 and a twelve month high of $68.30. The stock has a fifty day moving average of $58.95 and a two-hundred day moving average of $54.66.

Ituran Location and Control Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 24th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Wednesday, June 24th. Ituran Location and Control’s dividend payout ratio is currently 66.01%.

Hedge Funds Weigh In On Ituran Location and Control

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp raised its position in shares of Ituran Location and Control by 327.2% during the 1st quarter. Jones Financial Companies Lllp now owns 1,226 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 939 shares during the period. Jane Street Group LLC acquired a new position in Ituran Location and Control during the 1st quarter valued at approximately $223,000. JPMorgan Chase & Co. grew its stake in Ituran Location and Control by 276.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 17,135 shares of the industrial products company’s stock worth $664,000 after buying an additional 12,586 shares during the last quarter. Legal & General Group Plc grew its stake in Ituran Location and Control by 23.5% during the 2nd quarter. Legal & General Group Plc now owns 19,413 shares of the industrial products company’s stock worth $752,000 after buying an additional 3,696 shares during the last quarter. Finally, American Century Companies Inc. increased its position in Ituran Location and Control by 13.6% in the second quarter. American Century Companies Inc. now owns 6,555 shares of the industrial products company’s stock worth $254,000 after buying an additional 783 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Wall Street Zen raised shares of Ituran Location and Control from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 2nd. UBS Group reissued a “buy” rating on shares of Ituran Location and Control in a report on Wednesday, May 27th. Finally, Zacks Research upgraded Ituran Location and Control to a “hold” rating in a research note on Thursday, May 28th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $60.67.

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Ituran Location and Control Company Profile

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Ituran Location and Control Ltd. is a provider of wireless vehicle tracking and stolen vehicle recovery services. The company leverages a combination of cellular and global positioning system (GPS) technologies to offer real-time monitoring and location-based solutions for private vehicle owners, fleet operators and insurance companies. Its core offerings include subscription-based tracking devices, centralized control centers and software platforms that enable clients to detect unauthorized vehicle use, dispatch recovery teams and manage fleet logistics.

Founded in 1994 in Israel, Ituran pioneered the use of wireless communications for security and telematics applications.