ORIX (NYSE:IX) Posts Earnings Results

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

ORIX Stock Up 1.7%

IX traded up $0.34 during trading on Monday, hitting $20.45. The company had a trading volume of 123,248 shares, compared to its average volume of 156,847. The business has a 50-day moving average of $20.29 and a 200-day moving average of $20.95. The company has a market cap of $23.30 billion, a PE ratio of 1.78, a P/E/G ratio of 0.97 and a beta of 0.88. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.77 and a quick ratio of 1.73. ORIX has a 1-year low of $17.75 and a 1-year high of $25.17.

Wall Street Analyst Weigh In

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

ORIX Company Profile

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.