Somewhat Positive Press Coverage Somewhat Unlikely to Impact Orix (IX) Stock Price

News articles about Orix (NYSE:IX) have trended somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Orix earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 47.2557105333847 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news articles that may have impacted Accern Sentiment’s scoring:

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Shares of NYSE IX traded up $0.14 during midday trading on Friday, hitting $87.00. The company’s stock had a trading volume of 15,683 shares, compared to its average volume of 40,487. Orix has a one year low of $75.78 and a one year high of $100.03. The company has a quick ratio of 1.48, a current ratio of 1.52 and a debt-to-equity ratio of 1.39. The firm has a market cap of $22,386.76, a P/E ratio of 89.69, a price-to-earnings-growth ratio of 0.94 and a beta of 1.50.

Orix (NYSE:IX) last posted its quarterly earnings results on Tuesday, January 30th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter. Orix had a net margin of 10.61% and a return on equity of 11.36%. The company had revenue of $6 billion for the quarter. equities analysts expect that Orix will post 10.61 EPS for the current year.

Separately, Zacks Investment Research raised shares of Orix from a “hold” rating to a “buy” rating and set a $97.00 price target on the stock in a research report on Tuesday, March 27th.

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Orix Company Profile

ORIX Corporation provides financial services. It operates through six segments: Corporate Financial Services, Maintenance Leasing, Real Estate, Investment and Operation, Retail, and Overseas Business. The Corporate Financial Services segment engages in lending, leasing, and fee businesses. The Maintenance Leasing segment is involved in leasing, automobile rental, and car sharing activities; lease and rental of precision measuring, information technology related, and medical equipment; and the sale of software packages, as well as the provision of technical support, equipment calibration, and asset management services.

Insider Buying and Selling by Quarter for Orix (NYSE:IX)

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