Oracle Company Profile (NYSE:ORCL)

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

Oracle announced a quarterly dividend on Thursday, September 14th. Shareholders of record on Wednesday, October 11th will be given a dividend of $0.19 per share on Wednesday, October 25th. This represents a $0.76 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend is Tuesday, October 10th. View Oracle's Dividend History.

Oracle Co. (NYSE:ORCL) issued its quarterly earnings data on Thursday, September, 14th. The company reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.02. The company had revenue of $9.21 billion for the quarter, compared to analysts' expectations of $9.03 billion. Oracle had a return on equity of 16.14% and a net margin of 24.06%. Oracle's quarterly revenue was up 7.0% on a year-over-year basis. During the same period last year, the business earned $0.55 earnings per share. View Oracle's Earnings History.

Oracle is scheduled to release their next quarterly earnings announcement on Thursday, December, 21st 2017. View Earnings Estimates for Oracle.

Oracle updated its second quarter earnings guidance on Thursday, September, 14th. The company provided earnings per share guidance of $0.64-0.68 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.68. The company issued revenue guidance of $9.215-9.396 billion, compared to the consensus revenue estimate of $9.49 billion.

39 analysts have issued twelve-month price targets for Oracle's stock. Their forecasts range from $9.30 to $65.00. On average, they expect Oracle's stock price to reach $53.62 in the next year. View Analyst Ratings for Oracle.

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

• 1. According to Zacks Investment Research, "Oracle's soft outlook for the second quarter reflects slowing cloud momentum, particularly due to increasing competition from Microsoft Azure and Amazon Web Services. Moreover, higher investments on PaaS and IaaS will keep margins under pressure in the near term. Notably, the stock has underperformed the industry on a year-to-date basis. However, management stated that the company is wining market share against salesforce.com and Workday. Moreover, the launch of the next-generation autonomous database, which is supported by machine learning, is a key catalyst in our view. " (10/23/2017)
• 2. Drexel Hamilton analysts commented, "We believe Oracle will at least meet our 1Q:FY18 revenue estimate of $9.03 billion (up 5% YoY; Street is at $9.03 billion) and slightly exceed our EPS projection of $0.61 (Street is at $0.60). Our model reflects a sales decline of 18% QoQ in 1Q:FY18 and better than the five-year average August quarter performance of down 22%. Recall, Oracle’s 1Q:FY18 outlook calls for sales to be up 4-6% YoY in CC and pro-forma EPS of $0.59-0.61. This earnings season, the companies in our software coverage delivered strong quarterly reports and this continued with the off-quarter updates in recent weeks." (9/14/2017)
• 3. 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)

Oracle saw a drop in short interest in September. As of September 15th, there was short interest totalling 27,805,643 shares, a drop of 10.0% from the August 31st total of 30,903,023 shares. Based on an average daily volume of 19,442,760 shares, the short-interest ratio is presently 1.4 days. Approximately 0.9% of the shares of the company are sold short.

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

Oracle's management team includes the folowing people:

• Lawrence J. Ellison, Executive Chairman of the Board, Founder, Chief Technology Officer
• 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
• Safra A. Catz, Chief Executive Officer, Director
• Mark V. Hurd, Chief Executive Officer, Director
• Jeffrey O. Henley, Vice Chairman of the Board
• Jeffrey S. Berg, Independent Director
• Michael J. Boskin, Independent Director
• Bruce R. Chizen, Independent Director

Oracle's stock is owned by many different of retail and institutional investors. Top institutional investors include Independent Franchise Partners LLP (0.42%), Fisher Asset Management LLC (0.29%), APG Asset Management N.V. (0.18%), Swedbank (0.10%), Tesco Pension Investment Ltd (0.09%) and Rockefeller Financial Services Inc. (0.08%). Company insiders that own Oracle 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.

Oracle's stock was sold by a variety of institutional investors in the last quarter, including Swedbank, State Treasurer State of Michigan, APG Asset Management N.V., Verde Servicos Internacionais S.A., Denali Advisors LLC, Private Asset Management Inc., Ingalls & Snyder LLC and Barometer Capital Management Inc.. Company insiders that have sold Oracle stock in the last year 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, Safra Catz, Thomas Kurian and W Corey West. View Insider Buying and Selling for Oracle.

Oracle's stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Douglas Lane & Associates LLC, Independent Franchise Partners LLP, Fisher Asset Management LLC, Tesco Pension Investment Ltd, Prentiss Smith & Co. Inc., Meeder Asset Management Inc. and Sit Investment Associates Inc.. View Insider Buying and Selling for Oracle.

Shares of Oracle 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 stock can currently be purchased for approximately $49.31.