ORIX (NYSE:IX) Announces Quarterly Earnings Results

ORIX (NYSE:IX) announced its quarterly earnings data on Monday. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 Performance

Shares of NYSE IX traded up $0.34 during midday trading on Monday, hitting $20.45. 123,248 shares of the stock traded hands, compared to its average volume of 156,847. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.73 and a current ratio of 1.77. The firm has a 50-day moving average of $20.29 and a two-hundred day moving average of $20.95. The firm has a market capitalization of $23.30 billion, a P/E ratio of 1.78, a PEG ratio of 0.97 and a beta of 0.88. ORIX has a one year low of $17.75 and a one year high of $25.17.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut ORIX from a “buy” rating to a “hold” rating in a research note 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.