Oracle Stock Price, News & Analysis (NYSE:ORCL)

26 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last twelve months. There are currently 11 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ORCL shares.
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26 brokerages have issued twelve-month target prices for Oracle's shares. Their ORCL share price targets range from $93.00 to $150.00. On average, they predict the company's share price to reach $124.23 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price.
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Oracle's stock was trading at $81.74 at the beginning of the year. Since then, ORCL shares have increased by 41.6% and is now trading at $115.78.
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The company is scheduled to release its next quarterly earnings announcement on Monday, December 11th 2023.
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Oracle Co. (NYSE:ORCL) announced its quarterly earnings data on Monday, September, 11th. The enterprise software provider reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.15 by $0.04. The enterprise software provider earned $12.45 billion during the quarter, compared to the consensus estimate of $12.48 billion. Oracle had a net margin of 18.40% and a negative trailing twelve-month return on equity of 3,631.39%. Oracle's quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.81 earnings per share.
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Oracle announced a quarterly dividend on Monday, September 11th. Shareholders of record on Thursday, October 12th will be paid a dividend of $0.40 per share on Thursday, October 26th. This represents a $1.60 annualized dividend and a dividend yield of 1.38%. The ex-dividend date is Wednesday, October 11th.
Read our dividend analysis for ORCL.

Oracle (NYSE:ORCL) pays an annual dividend of $1.60 per share and currently has a dividend yield of 1.37%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 47.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ORCL will have a dividend payout ratio of 31.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ORCL.

ETFs with the largest weight of Oracle (NYSE:ORCL) stock in their portfolio include iShares Expanded Tech-Software Sector ETF (IGV), Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR), Direxion Daily Cloud Computing Bull 2x (CLDL), Fidelity Cloud Computing ETF (FCLD), Monarch Blue Chips Core ETF (MBCC), iShares U.S. Tech Independence Focused ETF (IETC), Natixis U.S. Equity Opportunities ETF (EQOP) and First Trust NASDAQ Technology Dividend Index Fund (TDIV).

Oracle announced that its Board of Directors has initiated a stock repurchase program on Thursday, December 9th 2021, which authorizes the company to repurchase $10,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.6% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its stock is undervalued.

Oracle updated its second quarter 2024 earnings guidance on Tuesday, September, 12th. The company provided earnings per share guidance of $1.30-$1.34 for the period, compared to the consensus estimate of $1.25. The company issued revenue guidance of $12.89 billion-$13.13 billion, compared to the consensus revenue estimate of $13.29 billion.

1,888 employees have rated Oracle Chief Executive Officer Safra A. Catz on Glassdoor.com. Safra A. Catz has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Oracle investors own include Intel (INTC), Cisco Systems (CSCO), NVIDIA (NVDA), Walt Disney (DIS), AT&T (T), Bank of America (BAC), Micron Technology (MU), Alibaba Group (BABA), QUALCOMM (QCOM) and Netflix (NFLX).

Oracle's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (1.15%), Morgan Stanley (0.73%), Loomis Sayles & Co. L P (0.70%), Northern Trust Corp (0.68%), First Eagle Investment Management LLC (0.68%) and Bank of New York Mellon Corp (0.53%). Insiders that own company stock include Charles W Moorman, Dorian Daley, Edward Screven, George H Conrades, Jeffrey Berg, Jeffrey Henley, Lawrence Joseph Ellison, Maria Smith, Michael J Boskin, Michael J Boskin, Naomi O Seligman, Naomi O Seligman, Renee Jo James, Rona Alison Fairhead, Safra Catz and W Corey West.
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Shares of ORCL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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