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1 Comment
ORIX JREIT Inc is currently in a long term uptrend where the price is trading 19.3% above its 200 day moving average.
From a valuation standpoint, the stock is 117.1% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 10.5.
ORIX JREIT Inc's total revenue sank by 0.0% to $12B since the same quarter in the previous year.
Its net income has dropped by 0.0% to $5B since the same quarter in the previous year.
Finally, its free cash flow grew by 23.4% to $8B since the same quarter in the previous year.
Based on the above factors, ORIX JREIT Inc gets an overall score of 2/5.
Industry | REIT - Office |
---|---|
Sector | Real Estate |
Exchange | TSE |
CurrencyCode | JPY |
ISIN | JP3040880001 |
Beta | 0.16 |
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Market Cap | 493B |
PE Ratio | 21.92 |
Target Price | 188428.58 |
Dividend Yield | 4.7% |
OJR was established on September 10, 2001, and was listed and commenced trading on the Tokyo Stock Exchange on June 12, 2002 as the fourth Real Estate Investment Trust in Japan, or JREIT, to be listed. A JREIT is an externally managed property fund formed under the Act on Investment Trusts and Investment Corporations of Japan. ORIX Asset Management Corporation, a wholly owned subsidiary of ORIX Corporation (TSE: 8591, NYSE: IX (ADR)), is the asset manager of OJR. OJR is a diversified JREIT that invests in office buildings, retail facilities, residential properties, logistics facilities, and hotels and others, aiming to provide stable cash flow and healthy asset growth over the medium to long term.
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