ORIX - IX Stock Forecast, Price & News

ORIX's stock was trading at $80.52 at the start of the year. Since then, IX stock has increased by 8.6% and is now trading at $87.47.
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ORIX saw a drop in short interest in January. As of January 15th, there was short interest totaling 46,300 shares, a drop of 26.3% from the December 31st total of 62,800 shares. Based on an average trading volume of 33,300 shares, the short-interest ratio is presently 1.4 days. Currently, 0.0% of the company's stock are short sold.
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 had revenue of $5.12 billion for the quarter, compared to analysts' expectations of $5.17 billion. ORIX had a net margin of 11.01% and a trailing twelve-month return on equity of 8.57%.

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 25.60% 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 institutional and retail 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 Veriti Management LLC (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 $87.47.

ORIX (NYSE:IX) has a market capitalization of $21.06 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 $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.