IX - ORIX Corporation

NYSE - NYSE Delayed Price. Currency in USD
78.76
+0.29 (+0.37%)
At close: 4:02PM EDT
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Previous Close78.47
Open78.45
Bid0.00 x 1100
Ask0.00 x 800
Day's Range78.45 - 79.02
52 Week Range77.59 - 100.03
Volume24,220
Avg. Volume36,436
Market Cap20.568B
Beta1.15
PE Ratio (TTM)7.10
EPS (TTM)11.10
Earnings DateN/A
Forward Dividend & Yield1.78 (2.24%)
Ex-Dividend Date2018-03-28
1y Target Est115.37
Trade prices are not sourced from all markets
  • Bloomberg2 days ago

    Preston Hollow Capital Brings Private Debt to Municipal Market

    The agency that runs New Orleans’ convention center may build a 1,200-room Omni Hotel attached to the exhibition hall, a project that local tourism officials say is needed to boost business in the Big Easy. If the project is given the go ahead, the $516.5 million needed to finance it won’t come from selling tax-exempt bonds to mutual-fund managers and individual investors in a public offering, as is typically done. It will come from a loan from Preston Hollow Capital, a little known company that’s looking to shake up the $3.8 trillion state and local government bond market with a direct-lending model that’s ballooned in corporate America.

  • IX vs. OCSL: Which Stock Is the Better Value Option?
    Zacks4 days ago

    IX vs. OCSL: Which Stock Is the Better Value Option?

    IX vs. OCSL: Which Stock Is the Better Value Option?

  • The Zacks Analyst Blog Highlights: Sony, Honda Motor, ORIX and OBIC
    Zacks7 days ago

    The Zacks Analyst Blog Highlights: Sony, Honda Motor, ORIX and OBIC

    The Zacks Analyst Blog Highlights: Sony, Honda Motor, ORIX and OBIC

  • Japan's Wage Growth Hits 21-Year High: 4 Top Picks
    Zacks9 days ago

    Japan's Wage Growth Hits 21-Year High: 4 Top Picks

    Asian giant, Japan witnessed the highest growth in real wages in more than 21 years. This was the result of a steady increase in monthly pays and payouts in the form of summer bonuses.

  • Japan's Economy Rebounds in Q2: 5 Great Picks
    Zacks10 days ago

    Japan's Economy Rebounds in Q2: 5 Great Picks

    Economists think that the current trend of solid growth should continue unless trade tensions with the United States increase.

  • The Wall Street Journal11 days ago

    [$$] HNA Unit Raises $2.2 Billion Selling Stake in Aircraft Lessor

    A unit of HNA Group Co. agreed to sell 30% of aircraft lessor Avolon Holdings Ltd. for $2.2 billion to Japan’s Orix Corp., the latest in a string of selloffs by the formerly acquisitive Chinese conglomerate. Bohai Capital, whose largest shareholder is HNA, will sell the stake to the aviation arm of Japanese financial services group Orix, the companies said on Wednesday. HNA, the airlines-to-hotels company, has sold assets around the world as it seeks to repay debt and streamline after a multiyear shopping spree.

  • Avolon CEO Says Orix Stake Accelerates Credit Upgrade
    Bloomberg11 days ago

    Avolon CEO Says Orix Stake Accelerates Credit Upgrade

    Avolon Holdings Chief Executive Officer Domhnal Slattery discusses Orix Corp.'s purchase of a stake in the aircraft lessor from China’s HNA Group. He speaks with Bloomberg's Vonnie Quinn and Mark Barton ...

  • Business Wire11 days ago

    ORIX Corporation to Acquire 30% Shareholding of Avolon Holdings Limited, a Leading Global Aircraft Leasing Company Located in Ireland

    ORIX Corporation announced today that, via its group company in Ireland, ORIX Aviation Systems Limited , which is not only an established aircraft leasing and trading company but also a leading S&P ranked aircraft asset manager, has signed an agreement to acquire 30% of the outstanding shares of Ireland‐based Avolon Holdings Limited , which is a leading global aircraft leasing company.

  • Reuters11 days ago

    Japan's Orix to buy $2.2 billion stake in HNA's aircraft lessor Avolon

    TOKYO/SINGAPORE (Reuters) - Japanese financial services group Orix Corp (8591.T) has struck a $2.2 billion (1.7 billion pounds) deal to buy a 30 percent stake in aircraft lessor Avolon Holdings as cash-strapped Chinese conglomerate HNA Group Co Ltd trims holdings in its core assets. The stake purchase in the world's No. 3 lessor will help Orix to bulk up in the $280 billion (216.9 billion pounds) global aircraft leasing market, where demand is growing, supported by a rise in low-cost carriers and passenger traffic. The agreed deal will allow Orix Aviation Systems Ltd, a fully-owned unit of Orix, to gain part control of a lessor that has 562 aircraft, nearly three times its size.

  • Moody's12 days ago

    Park Aerospace Holdings Limited -- Moody's reviews Avolon's ratings for upgrade

    Moody's Investors Service ("Moody's") is reviewing for upgrade the Ba2 corporate family rating of Avolon Holdings Limited and the Ba3 senior unsecured ratings of its subsidiaries Avolon Holdings Funding Limited and Park Aerospace Holdings Limited. This follows the announcement by Avolon's parent Bohai Capital Holding Co., Ltd. that it has agreed to sell a 30% interest in Avolon to ORIX Corporation (A3 stable) for $2.2 billion, subject to closing adjustments.

  • Moody's12 days ago

    ORIX Corporation -- Moody's affirms ORIX Corporation's A3 rating; outlook stable

    Moody's Japan K.K. has affirmed ORIX Corporation's (ORIX) A3 issuer rating, following ORIX's announcement on 8 August 2018 that the company will acquire 30% shares of Avolon Holdings Limited (Avolon, Ba2 stable) through its wholly owned aircraft leasing subsidiary, ORIX Aviation Systems Limited, based in Dublin, Ireland. The affirmation of ORIX's rating reflects Moody's view that the JPY250 billion acquisition of 30% shares of Avolon will strengthen ORIX's competitive position in its aircraft leasing business and hence improve its profitability, without materially weakening the company's credit profile.

  • Orix Buys Stake in Jet-Lessor Avolon as HNA Extends Asset Sale
    Bloomberg12 days ago

    Orix Buys Stake in Jet-Lessor Avolon as HNA Extends Asset Sale

    Orix Corp. agreed to buy a stake in aircraft lessor Avolon Holdings Ltd. from China’s HNA Group Co. for $2.21 billion in one of the Japanese financial firm’s largest-ever deals. Through its aviation-leasing unit, Orix will get a 30 percent stake in Avolon from HNA’s Bohai Capital Holding Co. unit, the Tokyo-based company said in a statement on Wednesday. HNA is unwinding deals that had made it one of China’s most aggressive acquirers of foreign businesses.

  • China's HNA to sell over $2 billion Avolon stake to Orix: sources
    Reuters12 days ago

    China's HNA to sell over $2 billion Avolon stake to Orix: sources

    SINGAPORE/HONG KONG (Reuters) - China's HNA Group Co Ltd is in advanced talks to sell a 30 percent stake in aircraft lessor Avolon Holdings Ltd to Japan's Orix Corp (8591.T), two sources said, as the company attempts to restructure and trim stakes even in its core assets. The aviation-to-financial services conglomerate, which has racked up massive debt from acquisitions in recent years, is nearing a deal to sell the stake in Dublin-based Avolon for about $2.2 billion, the sources, who were familiar with the matter, told Reuters. One of the sources said the parties could announce a deal as early as Wednesday.

  • China's HNA to sell over $2 billion Avolon stake to Orix-sources
    Reuters12 days ago

    China's HNA to sell over $2 billion Avolon stake to Orix-sources

    SINGAPORE/HONG KONG (Reuters) - China's HNA Group Co Ltd is in advanced talks to sell a 30 percent stake in aircraft lessor Avolon Holdings Ltd to Japan's Orix Corp (8591.T), two sources said, as the company attempts to restructure and trim stakes even in its core assets. The aviation-to-financial services conglomerate, which has racked up massive debt from acquisitions in recent years, is nearing a deal to sell the stake in Dublin-based Avolon for about $2.2 billion (1.7 billion pounds), the sources, who were familiar with the matter, told Reuters. One of the sources said the parties could announce a deal as early as Wednesday.

  • Business Wire12 days ago

    ORIX USA and Lancaster Pollard Synergies Complement Brickmont Construction Financing Project

    Less than a year after ORIX Corporation USA acquired Lancaster Pollard, the two companies displayed the synergies of the acquisition with the closing of a $16.7 million construction financing.

  • HNA Said in Talks to Sell $2.2 Billion Avolon Stake to Orix
    Bloomberg13 days ago

    HNA Said in Talks to Sell $2.2 Billion Avolon Stake to Orix

    HNA Group Co., the Chinese conglomerate unwinding a global acquisition spree, is in advanced talks to sell a minority stake in jet lessor Avolon Holdings Ltd. to Japan’s Orix Corp., people with knowledge of the matter said. Orix has been discussing the purchase of around a 30 percent stake in Avolon from HNA’s Shenzhen-listed arm Bohai Capital Holding Co., according to the people. HNA has already shed more than $17 billion of assets this year, a pace of dealmaking that reverses a multiyear acquisition spree that saddled it with one of corporate China’s biggest debt loads.

  • Is Orix (IX) Stock Undervalued Right Now?
    Zacks16 days ago

    Is Orix (IX) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • ACCESSWIRE20 days ago

    ORIX Corporation Sponsored ADR to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / July 30, 2018 / ORIX Corporation Sponsored ADR (NYSE: IX ) will be discussing their earnings results in their Q1 Earnings Call to be held on July 30, 2018 at 5:00 PM Eastern ...

  • IX or VIRT: Which Is the Better Value Stock Right Now?
    Zacks25 days ago

    IX or VIRT: Which Is the Better Value Stock Right Now?

    IX vs. VIRT: Which Stock Is the Better Value Option?

  • Moody'slast month

    NXT Capital, Inc. -- Moody's places NXT's Ba3 ratings on Review for Upgrade

    Moody's Investors Service ("Moody's") placed NXT Capital, Inc.'s ("NXT") Ba3 corporate family rating and Ba3 senior secured rating on review for upgrade. The rating action follows NXT's announcement on 1 July 2018 that ORIX Corporation ("ORIX") had signed a definitive agreement to acquire 100% ownership of NXT through its wholly owned subsidiary, ORIX Corporation USA.

  • Business Wire2 months ago

    ORIX Corporation USA to Acquire NXT Capital Inc.

    Complementary businesses form foundation for growth in U.S. middle-market lending

  • Business Wire2 months ago

    ORIX Capital Partners Acquires Peak Utility Services Group

    ORIX Capital Partners announced the acquisition of Peak Utility Services Group , a Denver-based leading provider of maintenance, repair, upgrade and installation services for the telecom, electric and natural gas infrastructure markets in the Pacific Northwest and Intermountain West regions of the United States.

  • Moody's2 months ago

    China Water Affairs Group Limited -- Moody's: China Water Affairs' FY2018 results in line with its Ba1 ratings

    Moody's Investors Service says that China Water Affairs Group Limited's (CWA) results for the fiscal year ended 31 March 2018 (FY2018) are broadly consistent with Moody's expectations and are in line with the company's Ba1 corporate family and senior unsecured ratings. "CWA's improved operating performance in FY2018 reflects the growing scale of its water supply operations," says Ada Li, a Moody's Vice President and Senior Analyst.

  • Business Wire2 months ago

    ORIX Submits Form 20-F for Filing for the Fiscal Year Ended March 31, 2018

    ORIX Corporation has submitted its annual Form 20-F for the fiscal year ended March 31, 2018 to the U.S. Securities and Exchange Commission on June 28, 2018.

  • RED Capital Group Partnership with Redwood Living Grows
    Business Wire2 months ago

    RED Capital Group Partnership with Redwood Living Grows

    Redwood Living, Inc. and RED Mortgage Capital, the proprietary debt and equity banking arm of comprehensive capital provider RED Capital Group, LLC , are once again celebrating a milestone in their relationship by surpassing $700M in total financing.