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NYSE:ORCLOracle Stock Price, Forecast & News

$57.20
+0.43 (+0.76 %)
(As of 07/14/2020 04:00 PM ET)
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Today's Range
$56.48
Now: $57.21
$57.29
50-Day Range
$51.31
MA: $54.44
$57.53
52-Week Range
$39.71
Now: $57.21
$59.85
Volume14.03 million shs
Average Volume17.00 million shs
Market Capitalization$175.54 billion
P/E Ratio18.45
Dividend Yield1.67%
Beta0.87
Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure solutions for information technology (IT) environments worldwide. The company provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service. It offers human capital and talent management, enterprise resource planning, customer experience and relationship management, procurement, supply chain management, project portfolio management, business analytics and enterprise performance management, and industry-specific application software, as well as financial management and governance, and risk and compliance applications. The company also licenses its Oracle Database for storage, retrieval, and manipulation of data; and Oracle Fusion Middleware software to build, deploy, secure, access, extend, and integrate business applications, as well as automate business processes. In addition, it provides a range of development tools, identity management, and business analytics software solutions for mobile computing development to address the development needs of businesses; Java, a software development language; and big data solutions. Further, the company provides Oracle Engineered Systems, servers, storage, industry-specific hardware, and hardware support products, as well as operating systems, virtualization, management, and other hardware-related software. Additionally, it provides consulting services, including IT strategy alignment, enterprise architecture planning and design, initial software implementation and integration, application development and integration, security assessments, and ongoing software enhancements and upgrade services; and customer support and education services. The company serves businesses, government agencies, educational institutions, and resellers. Oracle Corporation was founded in 1977 and is headquartered in Redwood City, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 3.0Dividend Strength: 3.3Insider Behavior: 2.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.35 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustrySystems Software
CUSIP68389X10
Phone650-506-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$39.07 billion
Cash Flow$4.66 per share
Book Value$4.14 per share

Profitability

Net Income$10.14 billion

Miscellaneous

Employees135,000
Outstanding Shares3,068,680,000
Market Cap$175.54 billion
Next Earnings Date9/9/2020 (Estimated)
OptionableOptionable

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Oracle (NYSE:ORCL) Frequently Asked Questions

How has Oracle's stock been impacted by COVID-19 (Coronavirus)?

Oracle's stock was trading at $44.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ORCL shares have increased by 27.9% and is now trading at $57.2050. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Oracle?

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.

When is Oracle's next earnings date?

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

How were Oracle's earnings last quarter?

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

How often does Oracle pay dividends? What is the dividend yield for Oracle?

Oracle announced a quarterly dividend on Wednesday, June 17th. Investors 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 1.68%. The ex-dividend date is Tuesday, July 14th. View Oracle's dividend history.

How will Oracle's stock buyback program work?

Oracle declared that its board has authorized a share repurchase program on Thursday, March 12th 2020, which allows the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 9.8% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

What guidance has Oracle issued on next quarter's earnings?

Oracle updated its first quarter earnings guidance on Tuesday, June, 16th. The company provided 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.

What price target have analysts set for ORCL?

27 equities research analysts have issued 12 month price objectives for Oracle's shares. Their forecasts range from $41.00 to $65.00. On average, they expect Oracle's share price to reach $55.12 in the next twelve months. This suggests that the stock has a possible downside of 3.6%. View analysts' price targets for Oracle.

Has Oracle been receiving favorable news coverage?

News coverage about ORCL stock has been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Oracle earned a news impact score of -4.3 on InfoTrie's scale. They also gave news headlines about the enterprise software provider a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the stock's share price in the next several days. View the latest news about Oracle.

Are investors shorting Oracle?

Oracle saw a drop in short interest in the month of 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 volume of 13,360,000 shares, the short-interest ratio is presently 2.3 days. Approximately 1.5% of the shares of the stock are short sold. View Oracle's Current Options Chain.

Who are some of Oracle's key competitors?

What other stocks do shareholders of Oracle own?

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).

Who are Oracle's key executives?

Oracle's management team includes the following people:
  • Mr. Lawrence J. Ellison, Co-Founder, Chairman & CTO (Age 75)
  • Ms. Safra Ada Catz, CEO & Director (Age 57)
  • Mr. Mark Vincent Hurd, CEO & Director (Age 62)
  • Mr. Edward Screven, Chief Corp. Architect (Age 53)
  • Mr. Douglas A. Kehring, Exec. VP of Corp. Operations & Head of Corp. Devel. (Age 46)

What is Oracle's stock symbol?

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

Who are Oracle's major shareholders?

Oracle's stock is owned by many different institutional and retail investors. Top institutional investors include DNB Asset Management AS (0.16%), Envestnet Asset Management Inc. (0.05%), MERIAN GLOBAL INVESTORS UK Ltd (0.05%), Confluence Investment Management LLC (0.03%), Wedge Capital Management L L P NC (0.03%) and Factory Mutual Insurance Co. (0.03%). 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.

Which major investors are selling Oracle stock?

ORCL stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., DNB Asset Management AS, PM CAPITAL Ltd, Factory Mutual Insurance Co., Metropolis Capital Ltd, IFM Investors Pty Ltd, Municipal Employees Retirement System of Michigan, and HNP Capital 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, Renee Jo James, and Safra Catz. View insider buying and selling activity for Oracle.

Which major investors are buying Oracle stock?

ORCL stock was bought by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, 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, and Manning & Napier Group LLC. View insider buying and selling activity for Oracle.

How do I buy shares of 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.

What is Oracle's stock price today?

One share of ORCL stock can currently be purchased for approximately $57.21.

How big of a company is Oracle?

Oracle has a market capitalization of $175.54 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.

What is Oracle's official website?

The official website for Oracle is www.oracle.com.

How can I contact Oracle?

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]

This page was last updated on 7/15/2020 by MarketBeat.com Staff

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