ORIX (NYSE:IX) Posts Earnings Results

by · The Cerbat Gem

ORIX (NYSE:IX – Get Free Report) issued its earnings results on Monday. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.20), Zacks reports. ORIX had a return on equity of 9.73% and a net margin of 13.66%.

ORIX Stock Up 1.5%

IX stock traded up $0.31 during midday trading on Monday, hitting $20.42. The company’s stock had a trading volume of 132,484 shares, compared to its average volume of 156,859. The company has a quick ratio of 1.73, a current ratio of 1.77 and a debt-to-equity ratio of 1.38. ORIX has a 52-week low of $17.75 and a 52-week high of $25.17. The firm has a market capitalization of $23.27 billion, a P/E ratio of 1.78, a PEG ratio of 0.97 and a beta of 0.88. The firm has a 50-day simple moving average of $20.29 and a 200-day simple moving average of $20.95.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of ORIX from a “buy” rating to a “hold” rating in a research note on Thursday, May 1st.

Check Out Our Latest Stock Analysis on IX

About ORIX

(Get Free Report)

ORIX Corporation provides diversified financial services in Japan, the United States, Asia, Europe, Australasia, and the Middle East. The company's Corporate Financial Services and Maintenance Leasing segment is involved in the finance and fee; leasing and rental of automobiles, electronic measuring instruments, and ICT-related equipment businesses; and provision of life insurance and environment and energy-related products and services.

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