Oracle Corp. (NYSE: ORCL) Shares Are Up 19.07% Year To Date.

In the latest trading session, 1.14 million Oracle Corp. (NYSE:ORCL) shares changed hands as the company’s beta touched 1.00. With the company’s most recent per share price at $125.54 changed hands at -$0.93 or -0.74% at last look, the market valuation stands at $345.03B. ORCL’s current price is a discount, trading about -5.76% off its 52-week high of $132.77. The share price had its 52-week low at $88.54, which suggests the last value was 29.47% up since then. When we look at Oracle Corp.’s average trading volume, we note the 10-day average is 11.45 million shares, with the 3-month average coming to 9.12 million.

Oracle Corp. (NYSE:ORCL) trade information

Instantly ORCL was in red as seen in intraday trades today. With action -2.87%, the performance over the past five days has been red. The drop to weekly highs of 132.77 subtracted -0.74% to the stock’s daily price. The company’s shares are showing year-to-date upside of 19.07%, with the 5-day performance at -2.87% in the red. However, in the 30-day time frame, Oracle Corp. (NYSE:ORCL) is 12.71% up. Looking at the short shares, we see there were 14.37 million shares sold at short interest cover period of 1.94 days.

Oracle Corp. (ORCL) estimates and forecasts

Data shows that the Oracle Corp. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 19.69% over the past 6 months, a 8.98% in annual growth rate that is considerably lower than the industry average of 13.80%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 29.43%. The 2024 estimates are for Oracle Corp. earnings to increase by 9.14%, but the outlook for the next 5-year period is at 11.06% per year.

ORCL Dividends

Oracle Corp. is expected to release its next quarterly earnings report between June 10 and June 14. The 1.27% annual yield figure for the share gives it an annual dividend of 1.60. It is important to note, however, that the 1.27% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.

Oracle Corp. (NYSE:ORCL)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 41.96% of Oracle Corp. shares while 43.94% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 75.71%. There are 43.94% institutions holding the Oracle Corp. stock share, with Vanguard Group Inc the top institutional holder. As of Jun 29, 2023, the company held 5.09% of the shares, roughly 139.39 million ORCL shares worth $16.6 billion.

Blackrock Inc. holds the second largest percentage of outstanding shares, with 4.40% or 120.63 million shares worth $14.37 billion as of Jun 29, 2023.

Among Mutual Funds, the top two as of Jun 29, 2023 were Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. With 46.3 million shares estimated at $5.51 billion under it, the former controlled 1.69% of total outstanding shares. On the other hand, Vanguard 500 Index Fund held about 1.34% of the shares, roughly 36.64 million shares worth around $4.36 billion.