ORIX (IX) Set to Announce Earnings on Wednesday

ORIX (NYSE:IXGet Free Report) will be posting its 12/31/2023 quarterly earnings results after the market closes on Wednesday, February 7th. Analysts expect ORIX to post earnings of $2.66 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

ORIX Stock Up 0.1 %

Shares of IX stock opened at $96.29 on Tuesday. The company’s fifty day moving average price is $94.03 and its 200-day moving average price is $92.83. ORIX has a one year low of $79.64 and a one year high of $101.56. The company has a market capitalization of $22.36 billion, a price-to-earnings ratio of 11.21, a PEG ratio of 0.85 and a beta of 0.82. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.62 and a quick ratio of 1.58.

Analyst Ratings Changes

A number of brokerages recently commented on IX. StockNews.com lowered ORIX from a “buy” rating to a “hold” rating in a research note on Tuesday, January 30th. TheStreet raised ORIX from a “c” rating to a “b-” rating in a research note on Thursday, November 2nd.

View Our Latest Research Report on IX

Institutional Investors Weigh In On ORIX

Several hedge funds and other institutional investors have recently modified their holdings of the business. Mariner LLC increased its holdings in ORIX by 2.3% during the 4th quarter. Mariner LLC now owns 6,484 shares of the real estate investment trust’s stock worth $522,000 after purchasing an additional 148 shares during the period. Pathstone Family Office LLC increased its holdings in ORIX by 3.4% during the 4th quarter. Pathstone Family Office LLC now owns 4,845 shares of the real estate investment trust’s stock worth $390,000 after purchasing an additional 158 shares during the period. Goldman Sachs Group Inc. increased its holdings in ORIX by 0.4% during the 2nd quarter. Goldman Sachs Group Inc. now owns 46,118 shares of the real estate investment trust’s stock worth $3,881,000 after purchasing an additional 173 shares during the period. Royal Bank of Canada increased its holdings in ORIX by 2.6% during the 1st quarter. Royal Bank of Canada now owns 8,152 shares of the real estate investment trust’s stock worth $814,000 after purchasing an additional 208 shares during the period. Finally, Raymond James & Associates increased its holdings in ORIX by 6.8% during the 4th quarter. Raymond James & Associates now owns 3,693 shares of the real estate investment trust’s stock worth $297,000 after purchasing an additional 236 shares during the period. 1.73% of the stock is currently owned by hedge funds and other institutional investors.

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.

See Also

Earnings History for ORIX (NYSE:IX)

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