ORIX - IX Stock Forecast, Price & News

ORIX's stock was trading at $80.52 on January 1st, 2023. Since then, IX stock has increased by 1.9% and is now trading at $82.06.
View the best growth stocks for 2023 here.

ORIX saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 56,100 shares, an increase of 15.9% from the January 31st total of 48,400 shares. Based on an average daily volume of 27,300 shares, the short-interest ratio is currently 2.1 days. Approximately 0.0% of the shares of the company are short sold.
View ORIX's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
View our IX earnings forecast.

ETFs with the largest weight of ORIX (NYSE:IX) stock in their portfolio include SPDR S&P Kensho Smart Mobility ETF (HAIL), Avantis International Large Cap Value ETF (AVIV) and Avantis International Equity ETF (AVDE).Avantis Responsible International Equity ETF (AVSD).

ORIX (NYSE:IX) pays an annual dividend of $2.65 per share and currently has a dividend yield of 3.26%. The dividend payout ratio is 26.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IX will have a dividend payout ratio of 23.83% 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 many different institutional and retail investors. Top institutional investors include Morgan Stanley (0.42%), Wells Fargo & Company MN (0.14%), Todd Asset Management LLC (0.10%), O Shaughnessy Asset Management LLC (0.04%), Bank of America Corp DE (0.04%) and Envestnet Asset Management Inc. (0.04%).
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.
Compare Top Brokerages Here.

One share of IX stock can currently be purchased for approximately $82.06.

ORIX (NYSE:IX) has a market capitalization of $19.40 billion and generates $22.45 billion in revenue each year. The real estate investment trust earns $2.78 billion in net income (profit) each year or $10.15 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.