Here’s Oracle’s Must-Hold Support Level After Mixed Earnings ReportOracle stock is wavering following a mixed earnings report. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. ORCL has a forward dividend yield of 1.62%.SeeORCL’s full dividends and stock split historyon the Dividend tab. After rapidly gaining market share by doing one thing really well, Workday is now also looking to grow from within its market.

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Famed Market Veteran: Move Your Money Before 2023

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ORCL stock

In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies. Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, DotBig supported by its base of 136,000 employees. Oracle is a best-in-breed provider of on-premises relational database technologies and enterprise resource planning, or ERP, software and is one of the most profitable companies in the software industry. However, growth has been lacking as more customers shift their workloads to the cloud, bypassing Oracle’s solutions. Despite Oracle’s cloud migration efforts, cloud competition will likely provide headwinds for Oracle.

Ticker: ORCL

Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares.

  • The company reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.075 by -$0.045.
  • High institutional ownership can be a signal of strong market trust in this company.
  • In the past three months, Oracle insiders have sold more of their company’s stock than they have bought.
  • High-growth stocks tend to represent the technology, healthcare, and communications sectors.
  • Oracle Corp sells a wide range of enterprise IT solutions, including databases, middleware, applications, and hardware.

In turn, our moat rating for Oracle is narrow, coupled with a negative moat trend rating. Not following the company’s fundamentals or anything, just general market sentiment and macro along with obvious signs on SPY’s head and shoulders. The pile up into safe dividend stocks & the additional pump done by dividend distributions on tech stocks which caused the recent 2-3w tech rally is over.

The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades. Our calculations are based on comprehensive, delayed quotes. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products https://dotbig.com/markets/stocks/ORCL/ and services. TipRanks is a comprehensive investing tool that allows private investors and day traders to see the measured performance of anyone who provides financial advice. Oracle names Stuart Levey chief legal officer Oracle announced that Stuart Levey has been named executive vice president and chief legal officer. Oracle’s stock is owned by a variety of institutional and retail investors.

Historical Stock Quote

This buyback authorization permits the company to repurchase up to 3.6% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its Oracle Corporation stock price stock is undervalued. Oracle announced a quarterly dividend on Monday, September 12th. Shareholders of record on Wednesday, October 12th will be given a dividend of $0.32 per share on Tuesday, October 25th.

Oracle Analyst Opinions

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Analyst Ratings

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The company’s average rating score is 2.33, and is based on 10 buy ratings, 16 hold ratings, and 1 sell rating. Cryptocurrency execution and custody services are provided by Apex Crypto LLC through a software licensing agreement between Apex Crypto LLC and Webull Pay LLC. ORCL stock Cryptocurrency trading is offered through an account with Apex Crypto. Apex Crypto is not a registered broker-dealer or FINRA member and your cryptocurrency holdings are not FDIC or SIPC insured. Please ensure that you fully understand the risks involved before trading.

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Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Oracle triggered last week’s commentary’s bullish scenario (trading above $71.20) and reached the objective of $74.90. Oracle may continue its uptrend as indicated by bullish readings https://dotbig.com/ in MACD, EMA10-EMA20 and price action showing higher highs and higher lows since June 2022. Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more.

High institutional ownership can be a signal of strong market trust in this company. A high percentage of insider ownership can be a sign of company health. In the past three months, Oracle insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $22,187,200.00 in company stock. Only 24 people have added Oracle to their MarketBeat watchlist in the last 30 days.