Oracle Corp. (NYSE:ORCL) has a beta value of 1.00 and has seen 1.73 million shares traded in the recent trading session. The company, currently valued at $466.07B, closed the recent trade at $168.20 per share which meant it gained $2.4 on the day or 1.45% during that session. The ORCL stock price is -3.44% off its 52-week high price of $173.99 and 40.99% above the 52-week low of $99.26. If we look at the company’s 10-day average daily trading volume, we find that it stood at 14.33 million shares traded. The 3-month trading volume is 8.67 million shares.

The consensus among analysts is that Oracle Corp. (ORCL) is Buy stock at the moment, with a recommendation rating of 1.91. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 8 out of 28 have rated it as a Hold, with 20 advising it as a Buy. 0 have rated the stock as Underweight.

Oracle Corp. (NYSE:ORCL) trade information

Sporting 1.45% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ORCL stock price touched $168.20 or saw a rise of 0.37%. Year-to-date, Oracle Corp. shares have moved 59.54%, while the 5-day performance has seen it change 2.23%. Over the past 30 days, the shares of Oracle Corp. (NYSE:ORCL) have changed 21.09%. Short interest in the company has seen 17.58 million shares shorted with days to cover at 3.16.

Wall Street analysts have a consensus price target for the stock at $155, which means that the shares’ value could drop -8.52% from the levels at last check today. The projected low price target is $90.0 while the price target rests at a high of $210.0. In that case, then, we find that the latest price level in today’s session is -24.85% off the targeted high while a plunge would see the stock lose 46.49% from the levels at last check today.

Oracle Corp. (ORCL) estimates and forecasts

Figures show that Oracle Corp. shares have underperformed across the wider relevant industry. The company’s shares have gained 32.99% over the past 6 months, with this year growth rate of 11.33%, compared to 11.70% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 4.54% over the past 5 years. Earnings growth for 2024 is a modest 13.02% while over the next 5 years, the company’s earnings are expected to increase by 11.54%.

ORCL Dividends

Oracle Corp. is expected to release its next earnings report on 2024-Dec-09 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.60 at a share yield of 0.95%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 1.51%.

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

Insiders own 41.62% of the company shares, while shares held by institutions stand at 44.32% with a share float percentage of 75.92%. Investors are also buoyed by the number of investors in a company, with Oracle Corp. having a total of 3666.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 153.15 million shares worth more than $21.63 billion. As of 2024-06-30, VANGUARD GROUP INC held 5.5631% of shares outstanding.

The other major institutional holder is BLACKROCK INC., with the holding of over 128.6 million shares as of 2024-06-30. The firm’s total holdings are worth over $18.16 billion and represent 4.6714% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of Jun 30, 2024, the former fund manager holds about 1.88% shares in the company for having 52.08 shares of worth $8.78 billion while later fund manager owns 40.91 shares of worth $6.9 billion as of Jun 30, 2024, which makes it owner of about 1.48% of company’s outstanding stock.