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

Oracle trades on the New York Stock Exchange (NYSE) under the ticker symbol "ORCL."

Oracle announced a quarterly dividend on Wednesday, September 11th. Stockholders of record on Thursday, October 10th will be given a dividend of $0.24 per share on Thursday, October 24th. This represents a $0.96 annualized dividend and a dividend yield of 1.70%. The ex-dividend date is Wednesday, October 9th. View Oracle's Dividend History.

Oracle declared that its board has authorized a stock buyback plan on Wednesday, September 11th 2019, which authorizes the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 8.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

Oracle Co. (NYSE:ORCL) issued its quarterly earnings results on Wednesday, September, 11th. The enterprise software provider reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.09. The enterprise software provider earned $9.22 billion during the quarter, compared to the consensus estimate of $9.29 billion. Oracle had a return on equity of 48.85% and a net margin of 27.71%. The company's revenue for the quarter was up .2% on a year-over-year basis. During the same period in the previous year, the company earned $0.71 earnings per share. View Oracle's Earnings History.

Oracle is scheduled to release their next quarterly earnings announcement on Monday, December 16th 2019. View Earnings Estimates for Oracle.

Oracle issued an update on its second quarter earnings guidance on Wednesday, September, 11th. The company provided earnings per share (EPS) guidance of $0.87-0.89 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.91.

28 brokerages have issued 1-year price objectives for Oracle's shares. Their forecasts range from $42.00 to $66.00. On average, they expect Oracle's share price to reach $56.60 in the next twelve months. This suggests a possible upside of 0.4% from the stock's current price. View Analyst Price Targets for Oracle.

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last year. There are currently 3 sell ratings, 17 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Oracle.

Media stories about ORCL stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Oracle earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned news coverage about the enterprise software provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Oracle.

Oracle saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 40,120,000 shares, a drop of 11.2% from the September 30th total of 45,160,000 shares. Based on an average daily volume of 12,060,000 shares, the short-interest ratio is currently 3.3 days. Approximately 1.9% of the company's stock are sold short. View Oracle's Current Options Chain.

Some companies that are related to Oracle include Microsoft (MSFT), VMware (VMW), ServiceNow (NOW), Fortinet (FTNT), Symantec (SYMC), Proofpoint (PFPT), Qualys (QLYS), CommVault Systems (CVLT), Progress Software (PRGS), TiVo (TIVO), FalconStor Software (FALC) and Websense (WBSN).

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

Oracle's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (0.62%), Fisher Asset Management LLC (0.49%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), California Public Employees Retirement System (0.25%), Yacktman Asset Management LP (0.24%) and Russell Investments Group Ltd. (0.20%). Company insiders that own Oracle stock include Dorian Daley, Edward Screven, Hector Garcia-Molina, Jeffrey Berg, Jeffrey Henley, Mark V Hurd, Michael J Boskin, Naomi O Seligman, Renee Jo James, Safra Catz, Thomas Kurian and W Corey West. View Institutional Ownership Trends for Oracle.

ORCL stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Russell Investments Group Ltd., Mackay Shields LLC, Yacktman Asset Management LP, Sumitomo Mitsui Trust Holdings Inc., Unigestion Holding SA, New York State Teachers Retirement System and First Quadrant L P CA. Company insiders that have sold Oracle company stock in the last year include Dorian Daley, Edward Screven, Hector Garcia-Molina, Jeffrey Berg, Jeffrey Henley, Mark V Hurd, Michael J Boskin, Naomi O Seligman, Renee Jo James and W Corey West. View Insider Buying and Selling for Oracle.

ORCL stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, DNB Asset Management AS, PGGM Investments, Railway Pension Investments Ltd, Fisher Asset Management LLC, State of New Jersey Common Pension Fund D, Signature Estate & Investment Advisors LLC and Alberta Investment Management Corp. View Insider Buying and Selling for Oracle.

Shares of ORCL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ORCL stock can currently be purchased for approximately $56.38.

Oracle has a market capitalization of $185.07 billion and generates $39.51 billion in revenue each year. The enterprise software provider earns $11.08 billion in net income (profit) each year or $3.16 on an earnings per share basis. Oracle employs 136,000 workers across the globe.View Additional Information About Oracle.

The official website for Oracle is http://www.oracle.com/.

Oracle's mailing address is 500 ORACLE PARKWAY, REDWOOD CITY CA, 94065. The enterprise software provider can be reached via phone at 650-506-7000 or via email at [email protected]