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 given a dividend of $0.24 per share on Thursday, October 24th. This represents a $0.96 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend is Wednesday, October 9th. View Oracle's Dividend History.

Oracle declared that its Board of Directors has authorized a share repurchase program on Wednesday, September 11th 2019, which allows the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 8.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Oracle Co. (NYSE:ORCL) issued its quarterly 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 earned $9.22 billion during the quarter, compared to analysts' expectations of $9.29 billion. Oracle had a net margin of 27.71% and a return on equity of 48.85%. The company's quarterly revenue was up .2% on a year-over-year basis. During the same period in the prior year, the company earned $0.71 EPS. 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 updated 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 earnings per share estimate of $0.91.

28 analysts 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 that the stock has a possible downside of 0.2%. 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.

News stories about ORCL stock have been trending very negative this week, InfoTrie reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Oracle earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave news coverage about the enterprise software provider a news buzz of 10.0 out of 10, meaning that recent media 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. Currently, 2.2% of the shares of the 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), NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Netflix (NFLX), Workday (WDAY), Bank of America (BAC) and Walt Disney (DIS).

Oracle's stock is owned by many different 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 $56.70.

Oracle has a market capitalization of $186.12 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]