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

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

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

Oracle declared that its Board of Directors has initiated a share repurchase plan on Wednesday, September 11th 2019, which permits the company to buyback $15,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 8.4% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

Oracle Co. (NYSE:ORCL) issued its earnings results on Wednesday, September, 11th. The enterprise software provider reported $0.81 EPS for the quarter, topping the Zacks' consensus estimate of $0.72 by $0.09. The enterprise software provider had revenue of $9.22 billion for the quarter, compared to analysts' expectations of $9.29 billion. Oracle had a return on equity of 48.85% and a net margin of 27.71%. The business's quarterly revenue was up .2% compared to the same quarter last year. During the same quarter last year, the business 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 guidance of $0.87-0.89 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.91.

28 Wall Street analysts have issued twelve-month price targets for Oracle's stock. 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 0.0% 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.

Press coverage about ORCL stock has been trending very negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Oracle earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned press coverage about the enterprise software provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Oracle.

Oracle saw a decline in short interest in September. As of September 30th, there was short interest totalling 46,110,000 shares, a decline of 6.0% from the August 30th total of 49,070,000 shares. Based on an average daily trading volume, of 12,620,000 shares, the days-to-cover ratio is presently 3.7 days. Approximately 2.2% of the company's stock are short sold. 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), NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Netflix (NFLX), Bank of America (BAC), Workday (WDAY) 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 bought 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 $56.59.

Oracle has a market capitalization of $185.76 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]