Oracle Stock Forecast, Price & News

26 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last year. There are currently 1 sell rating, 15 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street 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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Oracle saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 24,620,000 shares, a decline of 16.5% from the December 31st total of 29,490,000 shares. Based on an average daily volume of 10,890,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.4% of the company's shares are sold short.
View Oracle's Short Interest.

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) announced its quarterly earnings results on Wednesday, December, 9th. The enterprise software provider reported $1.06 EPS for the quarter, beating the Thomson Reuters' 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 company's revenue for the quarter was up 1.9% on a year-over-year basis. During the same period last year, the firm earned $0.90 EPS.
View Oracle's earnings history.

Oracle's stock was trading at $44.72 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ORCL shares have increased by 46.0% and is now trading at $65.30.
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Oracle declared a quarterly dividend on Thursday, December 10th. Investors 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 annualized dividend and a yield of 1.47%. 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 1.48%. 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 has authorized a stock buyback program on Thursday, March 12th 2020, which permits the company to buyback $15,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 9.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

Oracle updated its third quarter earnings guidance on Thursday, December, 10th. The company provided earnings per share guidance of $1.09-1.13 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued 1 year price targets for Oracle's shares. Their forecasts range from $52.00 to $82.00. On average, they anticipate Oracle's share price to reach $64.35 in the next year. This suggests that the stock has a possible downside of 1.5%.
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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.

Some companies that are related to Oracle include Microsoft (MSFT), ServiceNow (NOW), VMware (VMW), Fortinet (FTNT), Axon Enterprise (AXON), 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.48%), Bank of New York Mellon Corp (1.14%), Northern Trust Corp (0.98%), Longview Partners Guernsey LTD (0.54%), Nordea Investment Management AB (0.51%) and Charles Schwab Investment Management Inc. (0.49%). 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 BlackRock Inc., Longview Partners Guernsey LTD, Caisse DE Depot ET Placement DU Quebec, Schroder Investment Management Group, Schroder Investment Management Group, DNB Asset Management AS, Sumitomo Mitsui Trust Holdings Inc., and Northern Trust Corp. 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 acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Swedbank, Clearbridge Investments LLC, Wedge Capital Management L L P NC, Artemis Investment Management LLP, Jupiter Asset Management Ltd., First Trust Advisors LP, and Black Creek Investment Management Inc..
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.
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One share of ORCL stock can currently be purchased for approximately $65.30.

Oracle has a market capitalization of $192.25 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 is headquartered at 500 ORACLE PARKWAY, REDWOOD CITY CA, 94065.

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]