Oracle Stock Forecast, Price & News

Oracle's stock was trading at $44.72 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ORCL stock has increased by 38.1% and is now trading at $61.78.
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26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last twelve months. There are currently 15 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Oracle stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ORCL, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Oracle a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Oracle wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Oracle is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021.
View our earnings forecast for Oracle.

Oracle Co. (NYSE:ORCL) released its quarterly earnings results on Wednesday, December, 9th. The enterprise software provider reported $1.06 earnings per share for the quarter, beating analysts' consensus estimates of $1.00 by $0.06. The enterprise software provider earned $9.80 billion during the quarter, compared to analysts' expectations of $9.78 billion. Oracle had a return on equity of 85.71% and a net margin of 26.13%. The firm's revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.90 earnings per share.
View Oracle's earnings history.

Oracle announced a quarterly dividend on Thursday, December 10th. Shareholders of record on Thursday, January 7th will be given a dividend of $0.24 per share on Thursday, January 21st. This represents a $0.96 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend is Wednesday, January 6th.
View Oracle's dividend history.

Oracle pays an annual dividend of $0.96 per share and currently has a dividend yield of 1.56%. Oracle does not yet have a strock track record of dividend growth. The dividend payout ratio of Oracle is 27.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Oracle will have a dividend payout ratio of 23.47% next year. This indicates that Oracle will be able to sustain or increase its dividend.
View Oracle's dividend history.

Oracle announced that its Board of Directors has authorized a stock buyback program on Thursday, March 12th 2020, which authorizes the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 9.8% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

Oracle issued an update on its third quarter earnings guidance on Thursday, December, 10th. The company provided EPS guidance of $1.09-1.13 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.04. The company issued revenue guidance of $9.99-10.19 billion, compared to the consensus revenue estimate of $9.95 billion.

26 brokerages have issued 12-month price objectives for Oracle's stock. Their forecasts range from $52.00 to $82.00. On average, they anticipate Oracle's share price to reach $64.90 in the next year. This suggests a possible upside of 5.0% from the stock's current price.
View analysts' price targets for Oracle or view Wall Street analyst' top-rated stocks.

Some companies that are related to Oracle include Microsoft (MSFT), ServiceNow (NOW), VMware (VMW), Fortinet (FTNT), Symantec (SYMC), Proofpoint (PFPT), Qualys (QLYS), Commvault Systems (CVLT), Progress Software (PRGS) and FalconStor Software (FALC).
View all of ORCL's competitors.

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

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

Oracle's stock is owned by a number of retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (0.04%), Douglas Lane & Associates LLC (0.04%), Wedge Capital Management L L P NC (0.04%), Metropolis Capital Ltd (0.04%), Gateway Investment Advisers LLC (0.03%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Oracle stock include Bruce R Chizen, Charles W Moorman, Dorian Daley, Edward Screven, Hector Garcia-Molina, Jeffrey Berg, Jeffrey Henley, Lawrence Joseph Ellison, Mark V Hurd, Michael J Boskin, Naomi O Seligman, Renee Jo James, Safra Catz 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 Hexavest Inc., Gateway Investment Advisers LLC, Douglas Lane & Associates LLC, State of Alaska Department of Revenue, CX Institutional, Crossmark Global Holdings Inc., City Holding Co., and Abner Herrman & Brock LLC. Company insiders that have sold Oracle company stock in the last year include Dorian Daley, Edward Screven, Jeffrey Henley, Lawrence Joseph Ellison, Naomi O Seligman, Safra Catz, and W Corey West.
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ORCL stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Metropolis Capital Ltd, CHURCHILL MANAGEMENT Corp, DAVENPORT & Co LLC, IFM Investors Pty Ltd, Louisiana State Employees Retirement System, Raymond James Trust N.A., and Founders Capital Management.
View insider buying and selling activity for Oracle or or view top insider-buying stocks.

Shares of ORCL 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.

One share of ORCL stock can currently be purchased for approximately $61.78.

Oracle has a market capitalization of $181.88 billion and generates $39.07 billion in revenue each year. The enterprise software provider earns $10.14 billion in net income (profit) each year or $3.46 on an earnings per share basis. Oracle employs 135,000 workers across the globe.

The official website for Oracle is 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]