ORIX Co. (NYSE:IX) has earned an average broker rating score of 2.00 (Buy) from the two brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company. ORIX’s rating score has declined by 100% from 90 days ago as a result of a number of analysts’ upgrades and downgrades.
Brokerages have set a 1 year consensus price objective of $115.30 for the company, according to Zacks. Zacks has also assigned ORIX an industry rank of 86 out of 256 based on the ratings given to related companies.
A number of analysts recently weighed in on IX shares. Zacks Investment Research cut shares of ExlService from a “hold” rating to a “sell” rating in a research note on Wednesday. TheStreet upgraded shares of Exantas Capital from a “d+” rating to a “c” rating in a research note on Thursday, May 2nd.
A number of large investors have recently modified their holdings of IX. Northern Trust Corp lifted its stake in shares of ORIX by 2.9% in the 4th quarter. Northern Trust Corp now owns 299,228 shares of the real estate investment trust’s stock worth $21,410,000 after acquiring an additional 8,306 shares during the period. Marshall Wace LLP lifted its stake in shares of ORIX by 134.4% in the 1st quarter. Marshall Wace LLP now owns 71,956 shares of the real estate investment trust’s stock worth $5,172,000 after acquiring an additional 41,262 shares during the period. Scout Investments Inc. lifted its stake in shares of ORIX by 31.4% in the 2nd quarter. Scout Investments Inc. now owns 55,821 shares of the real estate investment trust’s stock worth $4,180,000 after acquiring an additional 13,330 shares during the period. Bank of Montreal Can lifted its stake in shares of ORIX by 23.8% in the 1st quarter. Bank of Montreal Can now owns 41,149 shares of the real estate investment trust’s stock worth $2,958,000 after acquiring an additional 7,918 shares during the period. Finally, OLD Mission Capital LLC acquired a new stake in shares of ORIX in the 4th quarter worth $2,942,000. Hedge funds and other institutional investors own 1.47% of the company’s stock.
Shares of ORIX stock traded up $0.01 during trading hours on Monday, hitting $76.71. The company had a trading volume of 20,126 shares, compared to its average volume of 30,426. The company’s 50-day moving average price is $73.11. ORIX has a twelve month low of $67.00 and a twelve month high of $85.83. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.52 and a current ratio of 1.55. The firm has a market cap of $19.66 billion, a P/E ratio of 67.29, a P/E/G ratio of 0.89 and a beta of 0.96.
ORIX (NYSE:IX) last issued its earnings results on Tuesday, May 7th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.18 by ($2.87). ORIX had a net margin of 13.29% and a return on equity of 11.16%. The company had revenue of $5.80 billion during the quarter. Equities research analysts expect that ORIX will post 11.99 earnings per share for the current fiscal year.
ORIX Company Profile
ORIX Corporation provides diversified financial services primarily in Japan and the Americas. It operates through six segments: Corporate Financial Services, Maintenance Leasing, Real Estate, Investment and Operation, Retail, and Overseas Business. The Corporate Financial Services segment engages in lending, leasing, and fee businesses.
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