News coverage about Orix (NYSE:IX) has trended positive on Monday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Orix earned a news sentiment score of 0.26 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 47.1805115085594 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- PHH (PHH) & Orix (IX) Critical Contrast (americanbankingnews.com)
- Orix (IX) Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
- Orix (IX) Rating Lowered to Sell at Zacks Investment Research (americanbankingnews.com)
- Head to Head Contrast: PHH (PHH) versus Orix (IX) (americanbankingnews.com)
- Lions rally past Buffaloes for eighth straight victory (japantimes.co.jp)
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 note on Tuesday, March 27th.
Orix (NYSE:IX) last issued its 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 firm had revenue of $6 billion for the quarter. equities research analysts forecast that Orix will post 10.61 earnings per share for the current fiscal year.
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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.
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