Oracle Corp. (NYSE: ORCL) has recently received a number of price target changes and ratings updates:
Oracle Corp. (NYSE:ORCL) traded up 0.312% on Friday, hitting $40.225. The stock had a trading volume of 2,447,074 shares. The stock has a market cap of $165.15 billion, a PE ratio of 19.109 and a beta of 1.19. Oracle Corp. has a 12 month low of $33.13 and a 12 month high of $42.00. The firm’s 50 day moving average price is $38.80 and its 200-day moving average price is $39.89.
Oracle Corp. (NYSE:ORCL) last posted its quarterly earnings data on Thursday, September 15th. The enterprise software provider reported $0.55 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by $0.03. Oracle Corp. had a return on equity of 22.10% and a net margin of 24.16%. The firm earned $8.60 billion during the quarter. During the same quarter last year, the firm posted $0.53 EPS. The company’s revenue was up 1.9% compared to the same quarter last year. On average, analysts forecast that Oracle Corp. will post $2.63 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 26th. Shareholders of record on Wednesday, October 12th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date was Friday, October 7th. Oracle Corp.’s dividend payout ratio (DPR) is 28.57%.