Oracle Corporation Company Profile (NYSE:ORCL)

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

Oracle Corporation declared a quarterly dividend on Wednesday, June 21st. Stockholders of record on Wednesday, July 19th will be given a dividend of $0.19 per share on Wednesday, August 2nd. This represents a $0.76 annualized dividend and a dividend yield of 1.51%. The ex-dividend date of this dividend is Monday, July 17th. View Oracle Corporation's Dividend History.

Oracle Corporation (NYSE:ORCL) announced its quarterly earnings data on Wednesday, June, 21st. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.11. The business had revenue of $10.94 billion for the quarter, compared to analyst estimates of $10.45 billion. Oracle Corporation had a return on equity of 20.90% and a net margin of 24.74%. The firm's quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.81 EPS. View Oracle Corporation's Earnings History.

Oracle Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, September, 13th 2017. View Earnings Estimates for Oracle Corporation.

Oracle Corporation updated its first quarter earnings guidance on Wednesday, June, 21st. The company provided earnings per share guidance of $0.59-0.61 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.59. The company issued revenue guidance of +4-6%, compared to the consensus revenue estimate of $8.94 billion.

38 brokerages have issued 1 year price targets for Oracle Corporation's stock. Their predictions range from $9.30 to $63.00. On average, they anticipate Oracle Corporation's share price to reach $51.07 in the next year. View Analyst Ratings for Oracle Corporation.

Here are some recent quotes from research analysts about Oracle Corporation stock:

• 1. KeyCorp analysts commented, "We focused on Oracle’s cloud transition, and how moving to the cloud can generate 3x the revenue per customer, as well as Oracle’s opportunity in the SaaS market. Oracle’s opportunity in cloud and SaaS, and valuation, have been the main area of investor push-back since our upgrade. As Oracle continues to execute on its cloud transition, we believe multiple expansion can continue. Key Investment Points Oracle on average could see 3x the revenue from a customer who moves its workload from on-premise to the cloud. Transitions at Autodesk and Adobe, showed lifetime customer value driven from the cloud is much higher than from on-premise. As Oracle moves its customers to the cloud, it should gain a similar benefit. For the customer, migrating to the cloud can lead to significant overall cost savings, based on labor and hardware costs needed to manage on-premise solutions." (7/18/2017)
• 2. According to Zacks Investment Research, "Oracle has outperformed the S&P 500 on a year-to-date basis. The company's offerings in SaaS and PaaS have gained significant momentum in the past few quarters, which improves competitive position against salesforce.com and Workday. Further, the introduction of Gen 2 IaaS data centers is expected to improve Oracle’s competitive prowess against Amazon. We believe the company’s growing cloud market share will continue to drive top-line growth for the foreseeable future. Meanwhile, estimates have been going up ahead of the company's Q4 earnings release. However, the transition from on-premise licensing to cloud-based subscription business model will take some more time to complete, which will impact upcoming results. Moreover, higher investments on IaaS will affect gross margin expansion. Further, a strong U.S. dollar remains a headwind." (6/15/2017)
• 3. UBS AG analysts commented, "Hardware and services misses in ORCL's F3Q results were handily offset by Cloud and a surprise license upside, with disciplined opex ' G&A especially low on 1x items ' delivering 42.5% OPM, +100bps ahead of consensus. A lower tax rate also helped (UBSe ~3c impact), lifting F3Q EPS to 69c or 7c ahead of Street. This marks the first Q since Nov'14 ORCL has beat both consensus revs and EPS, and combined with 1) healthy ARR growth +73% cc - renders the reiterated FY $2B +40% y/y target more achievable, 2) indications more operating efficiency can be had (headcount -800 q/q the largest since May'10) - still targeting double-digit EPS growth in FY18 by net income improvement vs. buyback driven share count reduction, 3) demonstrable balance sheet strength - ORCL announced an unanticipated +27% dividend increase with results; 4) reasonable valuation; and 5) optionality from tax reform we think shares could garner incremental interest with inflecting fundamentals providing the basis for ORCL's valuation disconnect to narrow vs. peers and market multiples; maintain Buy." (3/16/2017)
• 4. Wedbush analysts commented, "ORCL's 3Q/Feb. looked better than its 2Q performance, based on our calculations of organic results. As we expected, SaaS and PaaS metrics benefited from the addition of NetSuite, but they also looked better organically. Also, good cost control and an improved tax rate give us reasons to be more positive on the outlook for FY18 EPS growth. However, we remain concerned that consensus expectations for FY18 revenues (about 3% implied organic constant-currency Y/Y) look too high. Although margins could improve next year as optics benefit from the cloud transition, we think they could be pressured longer-term due to a more competitive cloud pricing environment for enterprise applications and database. We would stay on the sidelines." (3/16/2017)
• 5. Barclays PLC analysts commented, "If the company continues to deliver we think investors would need to re-think the story which could lead to multiple expansion. FX continues to be a headwind but we are starting to see increasing cash flow from the cloud transition story. Hence, we raise our price target to $51 from $47 and reiterate our Overweight rating." (3/16/2017)

Oracle Corporation saw a decline in short interest in June. As of June 30th, there was short interest totalling 31,828,899 shares, a decline of 11.0% from the June 15th total of 35,782,747 shares. Based on an average daily volume of 24,651,705 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.1% of the company's stock are sold short.

Some companies that are related to Oracle Corporation include SAP SE (SAP), Intuit (INTU), ServiceNow (NOW), Trimble Navigation (TRMB), CDK Global (CDK), Open Text Corporation (OTEX), The Sage Group plc (SGE), Guidewire Software (GWRE), Tableau Software (DATA), Pegasystems (PEGA), Fair Isaac Corporation (FICO), SolarWinds (SWI), Paycom Software (PAYC), Ellie Mae (ELLI), RealPage (RP), Ringcentral (RNG), HubSpot (HUBS) and MicroStrategy Incorporated (MSTR).

Oracle Corporation's management team includes the folowing people:

• Thomas Kurian, President - Product Development
• William Corey West, Executive Vice President, Chief Accounting Officer, Corporate Controller
• Dorian E. Daley, Executive Vice President, General Counsel, Secretary
• John F. Fowler, Executive Vice President - Systems
• Safra A. Catz, Chief Executive Officer, Director
• Mark V. Hurd, Chief Executive Officer, Director
• Jeffrey O. Henley, Vice Chairman of the Board
• Lawrence J. Ellison, Executive Chairman of the Board, Chief Technology Officer
• Leon E. Panetta, Director
• Jeffrey S. Berg, Independent Director

Oracle Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Independent Franchise Partners LLP (0.40%), Longview Partners Guernsey LTD (0.39%), Russell Investments Group Ltd. (0.32%), Fisher Asset Management LLC (0.29%), APG Asset Management N.V. (0.19%) and Swedbank (0.12%). Company insiders that own Oracle Corporation stock include Bruce R Chizen, Dorian Daley, George H Conrades, Hector Garcia-Molina, Jeffrey Berg, Jeffrey Henley, John F Fowler, 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 Corporation.

Oracle Corporation's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Cambiar Investors LLC, Flossbach Von Storch AG, Cornerstone Investment Partners LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Sumitomo Mitsui Asset Management Company LTD, Swarthmore Group Inc. and Exxonmobil Investment Management Inc. TX. Company insiders that have sold Oracle Corporation stock in the last year include Bruce R Chizen, Dorian Daley, Hector Garcia-Molina, Jeffrey Berg, Jeffrey Henley, John F Fowler, Mark V Hurd, Michael J Boskin, Naomi O Seligman, Safra Catz, Thomas Kurian and W Corey West. View Insider Buying and Selling for Oracle Corporation.

Oracle Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, Rothschild Asset Management Inc., Intermede Investment Partners Ltd, Harbour Capital Advisors LLC, Longview Partners Guernsey LTD, ING Groep NV, Beutel Goodman & Co Ltd. and DnB Asset Management AS. View Insider Buying and Selling for Oracle Corporation.

Shares of Oracle Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Oracle Corporation stock can currently be purchased for approximately $50.45.