Oracle Corporation Company Profile (NYSE:ORCL)

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

Oracle Corporation announced a quarterly dividend on Wednesday, June 21st. Shareholders of record on Wednesday, July 19th will be paid a dividend of $0.19 per share on Wednesday, August 2nd. This represents a $0.76 annualized dividend and a yield of 1.56%. The ex-dividend date of this dividend is Monday, July 17th. View Oracle Corporation's Dividend History.

Oracle Corporation (NYSE:ORCL) released its quarterly earnings data on Wednesday, June, 21st. The company reported $0.89 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.78 by $0.11. The firm had revenue of $10.94 billion for the quarter, compared to analyst estimates of $10.45 billion. Oracle Corporation had a return on equity of 20.90% and a net margin of 24.74%. Oracle Corporation's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period last year, the company posted $0.81 EPS. View Oracle Corporation's Earnings History.

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

Oracle Corporation updated its first quarter earnings guidance on Wednesday, June, 21st. The company provided EPS guidance of $0.59-0.61 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.59. The company issued revenue guidance of +4-6%, compared to the consensus revenue estimate of $8.94 billion.

38 analysts have issued 12 month target prices for Oracle Corporation's stock. Their forecasts range from $9.30 to $63.00. On average, they expect Oracle Corporation's stock price to reach $51.07 in the next year. View Analyst Ratings for Oracle Corporation.

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

• 1. According to Zacks Investment Research, "Oracle is benefiting from significant momentum in the SaaS and PaaS offerings. This has also helped in improving the company's competitive position against salesforce.com and Workday. We believe the company’s growing cloud market share will continue to drive top-line growth for the foreseeable future. The stock has outperformed the industry on a year-to-date basis driven by these factors. We believe the company’s growing cloud market share will continue to drive top-line growth for the foreseeable future. Moreover, Oracle continues to win new customers in HCM, ERP and CX. However, higher investments on IaaS will affect gross margin expansion in the near-term. Further, a strong U.S. dollar remains a headwind." (8/18/2017)
• 2. 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)
• 3. 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)
• 4. Wedbush analysts commented, "ORCL's 3Q/Feb. looked better than its 2Q performance, based on our calculations of organic results. As we expected, SaaS and PaaS metrics benefited from the addition of NetSuite, but they also looked better organically. Also, good cost control and an improved tax rate give us reasons to be more positive on the outlook for FY18 EPS growth. However, we remain concerned that consensus expectations for FY18 revenues (about 3% implied organic constant-currency Y/Y) look too high. Although margins could improve next year as optics benefit from the cloud transition, we think they could be pressured longer-term due to a more competitive cloud pricing environment for enterprise applications and database. We would stay on the sidelines." (3/16/2017)
• 5. Barclays PLC analysts commented, "If the company continues to deliver we think investors would need to re-think the story which could lead to multiple expansion. FX continues to be a headwind but we are starting to see increasing cash flow from the cloud transition story. Hence, we raise our price target to $51 from $47 and reiterate our Overweight rating." (3/16/2017)

Some companies that are related to Oracle Corporation 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), SolarWinds (SWI), Fair Isaac Corporation (FICO), Pegasystems (PEGA), Paycom Software (PAYC), RealPage (RP), Ringcentral (RNG), Ellie Mae (ELLI), HubSpot (HUBS) and The Descartes Systems Group (DSGX).

Oracle Corporation's management team includes the folowing people:

• 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
• John F. Fowler, Executive Vice President - Systems
• Safra A. Catz, Chief Executive Officer, Director
• Mark V. Hurd, Chief Executive Officer, Director
• Jeffrey O. Henley, Vice Chairman of the Board
• Lawrence J. Ellison, Executive Chairman of the Board, Chief Technology Officer
• Leon E. Panetta, Director
• Jeffrey S. Berg, Independent Director

Oracle Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.99%), BlackRock Inc. (4.68%), Capital Research Global Investors (3.42%), State Street Corp (2.87%), Bank of New York Mellon Corp (1.26%) and Harris Associates L P (1.18%). Company insiders that own Oracle Corporation 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 Corporation.

Oracle Corporation's stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Westpac Banking Corp, Epoch Investment Partners Inc., State Street Corp, TD Asset Management Inc., The Manufacturers Life Insurance Company , Macquarie Group Ltd. and Yacktman Asset Management LP. Company insiders that have sold Oracle Corporation stock in the last year include Bruce R Chizen, Dorian Daley, 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 Corporation.

Oracle Corporation's stock was bought by a variety of institutional investors in the last quarter, including BT Investment Management Ltd, Harris Associates L P, FMR LLC, Vanguard Group Inc., BlackRock Inc., Canada Pension Plan Investment Board, Janus Henderson Group PLC and Franklin Resources Inc.. View Insider Buying and Selling for Oracle Corporation.

Shares of Oracle Corporation 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 Corporation stock can currently be purchased for approximately $48.62.