In the last trading session, 1.84 million Oracle Corp. (NYSE:ORCL) shares changed hands as the company’s beta touched 1.01. With the company’s per share price at $168.54 changed hands at $1.38 or 0.83% during last session, the market valuation stood at $467.03B. ORCL’s last price was a discount, traded about -3.23% off its 52-week high of $173.99. The share price had its 52-week low at $99.26, which suggests the last value was 41.11% up since then. When we look at Oracle Corp.’s average trading volume, we note the 10-day average is 8.96 million shares, with the 3-month average coming to 8.43 million.

Analysts gave the Oracle Corp. (ORCL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.91. If we narrow down to specifics, the data shows that 0 out of 28 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 8 recommended ORCL as a Hold, 20 felt it is a Buy and 0 rated the stock as Underweight.

Oracle Corp. (NYSE:ORCL) trade information

Instantly ORCL was in green as seen at the end of in last trading. With action 1.36%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 59.86%, with the 5-day performance at 1.36% in the green. However, in the 30-day time frame, Oracle Corp. (NYSE:ORCL) is 20.82% up. Looking at the short shares, we see there were 18.78 million shares sold at short interest cover period of 2.09 days.

The consensus price target for the stock as assigned by Wall Street analysts is 155, meaning bulls need a downside of -8.74% from its current market value. According to analyst projections, ORCL’s forecast low is 90 with 210 as the target high. To hit the forecast high, the stock’s price needs a -24.6% plunge from its current level, while the stock would need to tank 46.6% for it to hit the projected low.

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 33.51% over the past 6 months, a 11.33% in annual growth rate that is considerably lower than the industry average of 11.80%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 4.54%. The 2024 estimates are for Oracle Corp. earnings to increase by 13.02%, but the outlook for the next 5-year period is at 11.54% per year.

ORCL Dividends

Oracle Corp. is expected to release its next quarterly earnings report on 2024-Dec-09. The 0.95% annual yield figure for the share gives it an annual dividend of 1.60. It is important to note, however, that the 0.95% 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. During the past 5 years, the average dividend yield was 1.5 per year.

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

If we look at who the major shareholders are, we find that insiders hold 41.60% of Oracle Corp. shares while 44.25% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 75.77%. There are 44.25% institutions holding the Oracle Corp. stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 5.5631% of the shares, roughly 153.15 million ORCL shares worth $21.63 billion.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 4.6714% or 128.6 million shares worth $18.16 billion as of 2024-06-30.