NYSE:ORCLOracle Stock Price, Forecast & News

Oracle's stock was trading at $44.72 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ORCL shares have increased by 28.3% and is now trading at $57.39. View which stocks have been most impacted by Coronavirus.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last year. There are currently 1 sell rating, 17 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Oracle.

Oracle is scheduled to release its next quarterly earnings announcement on Wednesday, September 9th 2020. View our earnings forecast for Oracle.

Oracle Co. (NYSE:ORCL) released its earnings results on Tuesday, June, 16th. The enterprise software provider reported $1.20 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.08 by $0.12. The enterprise software provider had revenue of $10.44 billion for the quarter, compared to analyst estimates of $10.72 billion. Oracle had a return on equity of 72.76% and a net margin of 25.94%. The firm's revenue was down 6.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.16 EPS. View Oracle's earnings history.

Oracle announced a quarterly dividend on Wednesday, June 17th. Stockholders of record on Wednesday, July 15th will be paid a dividend of $0.24 per share on Tuesday, July 28th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date is Tuesday, July 14th. View Oracle's dividend history.

Oracle declared that its Board of Directors has approved a stock buyback plan on Thursday, March 12th 2020, which allows the company to buyback $15,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 9.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued.

Oracle updated its first quarter earnings guidance on Tuesday, June, 16th. The company provided earnings per share (EPS) guidance of $0.84-0.88 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.85. The company issued revenue guidance of $9.13-9.31 billion, compared to the consensus revenue estimate of $9.12 billion.

27 equities research analysts have issued 12-month target prices for Oracle's stock. Their forecasts range from $41.00 to $65.00. On average, they anticipate Oracle's share price to reach $55.12 in the next year. This suggests that the stock has a possible downside of 4.0%. View analysts' price targets for Oracle.

Media headlines about ORCL stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Oracle earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave news headlines about the enterprise software provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Oracle.

Oracle saw a drop in short interest in June. As of June 30th, there was short interest totaling 30,370,000 shares, a drop of 9.1% from the June 15th total of 33,400,000 shares. Based on an average daily trading volume, of 13,360,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.5% of the company's shares are sold short. View Oracle's Current Options Chain.

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 competitors.

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

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

Oracle's stock is owned by many different retail and institutional investors. Top institutional investors include DNB Asset Management AS (0.16%), Envestnet Asset Management Inc. (0.05%), Confluence Investment Management LLC (0.03%), Wedge Capital Management L L P NC (0.03%), Metropolis Capital Ltd (0.03%) and Hexavest Inc. (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., DNB Asset Management AS, PM CAPITAL Ltd, Metropolis Capital Ltd, Municipal Employees Retirement System of Michigan, HNP Capital LLC, Mount Yale Investment Advisors LLC, and Gradient Investments LLC. Company insiders that have sold Oracle company stock in the last year include Bruce R Chizen, Dorian Daley, Edward Screven, Hector Garcia-Molina, Jeffrey Berg, Jeffrey Henley, Lawrence Joseph Ellison, Mark V Hurd, Naomi O Seligman, Renee Jo James, and Safra Catz. View insider buying and selling activity for Oracle.

ORCL stock was bought by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Wedge Capital Management L L P NC, Cullinan Associates Inc., Envestnet Asset Management Inc., State of Alaska Department of Revenue, Canandaigua National Corp, Manning & Napier Group LLC, and Fulton Bank N. A.. View insider buying and selling activity 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 $57.39.

Oracle has a market capitalization of $176.11 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]