Stock Update: Oracle Corporation (NYSE:ORCL) – Oracle Stock to Trade Ex-Dividend (ORCL)

[at Investopedia] – Oracle will send its dividend payment on April 28 to shareholders of record as of April 14. Read more on this. Oracle Corporation (ORCL) , valued at $167.80B, started the session at $40.31. Looking at today’s trading action, the company’s one day range from $39.99 to $40.45 with a one year range of $33.13 to $45.24. ORCL shares are currently priced at 15.42x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 20.83x earnings multiple. The company pays shareholders $0.60 per share in dividend income per year, for a current yield of 1.49%. According to a consensus of 31 analysts, the earnings estimate of $0.82 per share would be $0.04 better than the year-ago quarter and a $0.00 sequential decrease. Investors should also note that the full-year EPS estimate of $2.62 is a $0.15 setback when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $10.42 Billion. If realized, that would be a 2.71% decrease over the year-ago quarter. Recently, Macquarie Initiated ORCL at Outperform (Mar 4, 2016). Previously, BMO Capital Markets Initiated ORCL at to Market Perform. The average price target for ORCL shares by the analysts covering it is $43.77, which is 8.58% above where the stock opened. See more in (NYSE:ORCL) Similar Articles: Company Update: Oracle Corporation (NYSE:ORCL) – Buy Oracle for Its Dividend, Expanding Cloud Business Company Update: Oracle Corporation (NYSE:ORCL) – Here’s Why Oracle (ORCL) Stock is Down Today Company Update: Oracle Corporation (NYSE:ORCL) – Oracle (ORCL) Stock Jumps, Analysts Bullish Long Term