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. Since then, ORCL stock has increased by 34.8% and is now trading at $60.29.
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26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last twelve months. There are currently 1 sell rating, 15 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research 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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1,888 employees have rated Oracle CEO Safra A. Catz on Glassdoor.com. Safra A. Catz has an approval rating of 78% among Oracle's employees.

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 earnings results on Wednesday, December, 9th. The enterprise software provider reported $1.06 EPS for the quarter, topping the consensus estimate of $1.00 by $0.06. The enterprise software provider earned $9.80 billion during the quarter, compared to the consensus estimate of $9.78 billion. Oracle had a trailing twelve-month return on equity of 101.26% and a net margin of 26.34%. The firm's quarterly revenue was up 1.9% on a year-over-year basis. During the same period last year, the firm posted $0.90 EPS.
View Oracle's earnings history.

Oracle announced a quarterly dividend on Thursday, December 10th. Shareholders of record on Thursday, January 7th will be paid 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 1.59%. 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 1.59%. 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 23.30% next year. This indicates that Oracle will be able to sustain or increase its dividend.
View Oracle's dividend history.

Oracle declared that its Board of Directors has approved a share buyback plan on Thursday, March 12th 2020, which permits the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 9.8% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its shares are 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 earnings per share 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 brokers have issued 1-year price targets for Oracle's stock. Their forecasts range from $52.00 to $82.00. On average, they expect Oracle's share price to reach $64.35 in the next twelve months. This suggests a possible upside of 6.7% 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 variety of retail and institutional investors. Top institutional investors include Pendal Group Limited (0.25%), DNB Asset Management AS (0.21%), New York State Teachers Retirement System (0.09%), Scharf Investments LLC (0.07%), Boston Trust Walden Corp (0.04%) and Douglas Lane & Associates LLC (0.04%). 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 DNB Asset Management AS, Candriam Luxembourg S.C.A., New York State Teachers Retirement System, Pendal Group Limited, Hexavest Inc., Gateway Investment Advisers LLC, Douglas Lane & Associates LLC, and Manning & Napier Group 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.
View insider buying and selling activity for Oracle or view top insider-selling stocks.

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, Kestra Advisory Services LLC, Journey Advisory Group LLC, Bridge Creek Capital Management LLC, CHURCHILL MANAGEMENT Corp, DAVENPORT & Co LLC, and IFM Investors Pty Ltd.
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 $60.29.

Oracle has a market capitalization of $177.50 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]