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. Investors of record on Wednesday, October 11th will be paid a dividend of $0.19 per share on Wednesday, October 25th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date is Tuesday, October 10th. View Oracle's Dividend History.

Oracle Co. (NYSE:ORCL) posted its quarterly earnings results on Thursday, September, 14th. The company reported $0.62 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.60 by $0.02. The firm had revenue of $9.21 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.55 EPS. 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 brokers have issued 12 month target prices for Oracle's shares. Their predictions range from $9.30 to $65.00. On average, they anticipate Oracle's share 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 first-quarter fiscal 2018 results were impressive. The company is benefiting from significant momentum in the SaaS offerings. The company stated that it is wining market share against salesforce.com and Workday. We believe the company’s growing cloud market share will continue to drive top-line growth in the foreseeable future. Moreover, the upcoming launch of the next-generation autonomous database, which is supported by machine learning, is a key catalyst. However, soft outlook for the second quarter reflects slowing cloud momentum, particualrly 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. We note that the stock has underperformed the industry on a year-to-date basis." (10/17/2017)
• 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)
• 4. 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)

Oracle saw a drop in short interest in the month of 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 trading volume, of 19,442,760 shares, the short-interest ratio is presently 1.4 days. Currently, 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 a variety of of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (0.29%), APG Asset Management N.V. (0.18%), Tesco Pension Investment Ltd (0.09%), Rockefeller Financial Services Inc. (0.08%), PGGM Investments (0.05%) and Assenagon Asset Management S.A. (0.04%). 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 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, Barometer Capital Management Inc. and Shell Asset Management Co.. 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 acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Douglas Lane & Associates LLC, Fisher Asset Management LLC, Tesco Pension Investment Ltd, Meeder Asset Management Inc., Sit Investment Associates Inc., PGGM Investments and Narwhal Capital Management. 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 $49.25.