NYSE:ORCLOracle Stock Price, Forecast & News

Oracle's stock was trading at $44.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ORCL stock has 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) posted its quarterly earnings data 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 earned $10.44 billion during 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%. Oracle's revenue for the quarter was down 6.3% compared to the same quarter last year. During the same period last year, the company earned $1.16 EPS. View Oracle's earnings history.

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 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend is Tuesday, July 14th. View Oracle's dividend history.

Oracle announced that its Board of Directors has initiated a share buyback plan 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 reacquire up to 9.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.

Oracle issued an update on 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 earnings per share 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 brokers have issued 1-year target prices for Oracle's shares. Their forecasts range from $41.00 to $65.00. On average, they anticipate Oracle's stock 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.

News articles about ORCL stock have been trending somewhat negative recently, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Oracle earned a daily sentiment score of -1.8 on InfoTrie's scale. They also assigned news articles about the enterprise software provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Oracle.

Oracle saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 30,370,000 shares, a decline 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 days-to-cover ratio is currently 2.3 days. Approximately 1.5% of the company's stock 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 a number of institutional and retail investors. Top institutional shareholders 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 acquired 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]