ORIX - IX Stock Forecast, Price & News

ORIX's stock was trading at $80.52 on January 1st, 2023. Since then, IX shares have increased by 8.9% and is now trading at $87.72.
View the best growth stocks for 2023 here.

ORIX saw a decline in short interest in January. As of January 15th, there was short interest totaling 46,300 shares, a decline of 26.3% from the December 31st total of 62,800 shares. Based on an average daily trading volume, of 33,300 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.0% of the shares of the stock are sold short.
View ORIX's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023.
View our IX earnings forecast.

ORIX Co. (NYSE:IX) announced its quarterly earnings data on Monday, November, 7th. The real estate investment trust reported $1.83 EPS for the quarter, missing analysts' consensus estimates of $2.31 by $0.48. The real estate investment trust earned $5.12 billion during the quarter, compared to the consensus estimate of $5.17 billion. ORIX had a trailing twelve-month return on equity of 8.57% and a net margin of 11.01%.

ORIX (NYSE:IX) pays an annual dividend of $2.65 per share and currently has a dividend yield of 3.03%. The dividend payout ratio is 26.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IX will have a dividend payout ratio of 22.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IX.

14 employees have rated ORIX Chief Executive Officer Yoshihiko Miyauchi on Glassdoor.com. Yoshihiko Miyauchi has an approval rating of 97% among the company's employees. This puts Yoshihiko Miyauchi in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other ORIX investors own include Dominion Energy (D), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Consolidated Edison (ED), Altria Group (MO), PepsiCo (PEP), Southern (SO), AT&T (T), Verizon Communications (VZ) and AbbVie (ABBV).

ORIX trades on the New York Stock Exchange (NYSE) under the ticker symbol "IX."

ORIX's stock is owned by a number of retail and institutional investors. Top institutional investors include Boston Common Asset Management LLC (0.03%), Gilman Hill Asset Management LLC (0.01%), Ritholtz Wealth Management (0.01%), Crossmark Global Holdings Inc. (0.01%), Naples Global Advisors LLC (0.01%) and Natixis Advisors L.P. (0.01%).
View institutional ownership trends.

Shares of IX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IX stock can currently be purchased for approximately $87.72.

ORIX (NYSE:IX) has a market capitalization of $21.12 billion and generates $1.61 trillion in revenue each year. The real estate investment trust earns $2.78 billion in net income (profit) each year or $9.83 on an earnings per share basis.

The company employs 32,235 workers across the globe.

ORIX's mailing address is WORLD TRADE CENTER BLDG. 2-4-1 HAMAMATSU-CHO MINATO-KU, TOKYO M0, 1056135. The official website for the company is www.orix.co.jp. The real estate investment trust can be reached via phone at (133) 435-3000 or via fax at 813-3435-1276.