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Orix Corp Already 5% Down, Almost Hour Before The NYSE Open

(VIANEWS) – The NYSE opens in less than hour and Orix Corp‘s pre-market value is already 5.12% down.

Orix Corp’s last close was $110.20, 1.64% below its 52-week high of $112.04.

The last session, NYSE finished with Orix Corp (IX) sliding 0.05% to $110.20. NYSE rose 0.31% to $18,312.67, after two sequential sessions in a row of gains, on what was a somewhat up trend trading session.

About Orix Corp

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. Its Real Estate segment develops, rents, and manages real estate properties; operates facilities; real estate asset management; manages residential condominiums and office building; and provides construction contracting, real estate brokerage, and real estate investment advisory services, as well as operates hotels and Japanese inns. The company's PE Investment and Concession segment engages in the private equity (PE) investment and concession businesses. Its Environment and Energy segment provides renewable energy; ESCO; retails electric power; sells solar panels and battery electricity storage systems; and recycling and waste management services, as well as generates solar power. The company's Insurance segment sells life insurance products through agents, banks, and other financial institutions, as well as face-to-face and online. Its Banking and Credit segment provides banking and consumer finance services. The company's Aircraft and Ships segment engages in the aircraft leasing and management, and ship-related finance and investment businesses. Its ORIX USA segment offers finance, investment, and asset management services. The company's ORIX Europe segment provides equity and fixed income asset management services. Its Asia and Australia segment offers finance and investment businesses. The company was formerly known as Orient Leasing Co., Ltd. and changed its name to ORIX Corporation in 1989. ORIX Corporation was incorporated in 1950 and is headquartered in Tokyo, Japan.

Earnings Per Share

As for profitability, Orix Corp has a trailing twelve months EPS of $7.95.

PE Ratio

Orix Corp has a trailing twelve months price to earnings ratio of 13.86. Meaning, the purchaser of the share is investing $13.86 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.82%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.6%, now sitting on 2.71T for the twelve trailing months.

Volume

Today’s last reported volume for Orix Corp is 27671 which is 57.12% above its average volume of 17427.

Yearly Top and Bottom Value

Orix Corp’s stock is valued at $110.20 at 09:32 EST, below its 52-week high of $112.04 and way above its 52-week low of $79.64.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Sep 28, 2023, the estimated forward annual dividend rate is 2.96 and the estimated forward annual dividend yield is 2.7%.

More news about Orix Corp (IX).

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