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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The Financial Day of Reckoning Has Begun (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
US Dollar Replaced By "Biden Bucks"? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The Financial Day of Reckoning Has Begun (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
US Dollar Replaced By "Biden Bucks"? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The Financial Day of Reckoning Has Begun (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
US Dollar Replaced By "Biden Bucks"? (Ad)

Bancolombia - CIB Stock Forecast, Price & News

$32.84
+0.84 (+2.63%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$32.15
$33.23
50-Day Range
$26.34
$43.88
52-Week Range
$26.27
$45.98
Volume
356,382 shs
Average Volume
369,432 shs
Market Capitalization
$7.90 billion
P/E Ratio
5.73
Dividend Yield
8.13%
Price Target
$44.00

Bancolombia MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
34.0% Upside
$44.00 Price Target
Short Interest
Healthy
0.24% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.13mentions of Bancolombia in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-3.44%
From $6.39 to $6.17 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.96 out of 5 stars

Finance Sector

56th out of 918 stocks

Commercial Banks, Not Elsewhere Classified Industry

4th out of 34 stocks

CIB stock logo

About Bancolombia (NYSE:CIB) Stock

Bancolombia S.A. provides banking products and services in Colombia, Panama, Puerto Rico, El Salvador, Costa Rica, and Guatemala. The company operates through nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, International Banking, and All Other. It offers checking and savings accounts, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, and overdrafts; financial support to real estate developers and mortgages for individuals and companies; factoring; and financial and operating leasing services. The company also provides hedging instruments, including futures, forwards, options, and swaps; and brokerage, investment advisory, and private banking services, including selling and distributing equities, futures, foreign currencies, fixed income securities, mutual funds, and structured products. In addition, it offers cash management services; foreign currency transaction services; life, auto, commercial, and homeowner's insurance products; and online and computer banking services. Further, the company provides project and acquisition finance, debt and equity capital markets, principal investments, M&A, hedging strategies, restructurings, and structured financing; money market accounts, mutual and pension funds, private equity funds, payment and corporate trust, and custody; internet-based trading platform; inter-bank lending and repurchase agreements; managing escrow accounts, and investment and real estate funds; and transportation, securities brokerage, maintenance and remodeling, and outsourcing services. As of December 31, 2021, it operated 1,015 branches; 28,676 banking correspondents; 529 PAMs; 210 kiosks in El Salvador and 187 in Colombia; and 6,094 ATMs. Bancolombia S.A. was incorporated in 1945 and is headquartered in Medellín, Colombia.

Analysts Set New Price Targets

CIB has been the subject of a number of recent analyst reports. Citigroup upgraded shares of Bancolombia from a "neutral" rating to a "buy" rating in a research report on Tuesday, May 3rd. TheStreet downgraded shares of Bancolombia from a "b-" rating to a "c+" rating in a research note on Wednesday, July 27th. Finally, Credit Suisse Group raised shares of Bancolombia from a "neutral" rating to an "outperform" rating and set a $35.00 price objective for the company in a research note on Tuesday, August 2nd. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $44.00.

Bancolombia Price Performance

Shares of CIB opened at $32.84 on Friday. The stock has a market cap of $7.90 billion, a PE ratio of 5.73, a price-to-earnings-growth ratio of 0.29 and a beta of 1.27. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.04 and a current ratio of 1.05. Bancolombia has a fifty-two week low of $26.27 and a fifty-two week high of $45.98. The firm's 50-day simple moving average is $32.26 and its two-hundred day simple moving average is $36.48.

Bancolombia (NYSE:CIB - Get Rating) last announced its quarterly earnings data on Wednesday, May 11th. The bank reported $1.92 earnings per share for the quarter, topping analysts' consensus estimates of $1.17 by $0.75. The business had revenue of $1.35 billion for the quarter. Bancolombia had a net margin of 23.42% and a return on equity of 16.24%. Analysts anticipate that Bancolombia will post 6.39 earnings per share for the current fiscal year.

Bancolombia Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 11th. Investors of record on Wednesday, June 29th were given a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a dividend yield of 10.05%. The ex-dividend date was Tuesday, June 28th. Bancolombia's dividend payout ratio (DPR) is currently 45.38%.

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CIB Stock News Headlines

27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Bancolombia (CIB) Set to Announce Earnings on Tuesday
Inflation Emergency to Disrupt Your Financial Future?
No doubt, we’re in an inflation emergency. It’s driving up prices more quickly than anything we’ve seen in our lifetime. And it’s barely begun. What impact will this change have on your money? How can you prepare starting right now? Watch the emergency briefing from Expert Sean Brodrick. pixel
TheStreet Downgrades Bancolombia (NYSE:CIB) to C+
Best Value Stocks to Buy for July 18th
Best Income Stocks to Buy for July 18th
Best Growth Stocks to Buy for June 29th
See More Headlines
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CIB Company Calendar

Last Earnings
5/04/2020
Ex-Dividend for 7/11 Dividend
6/28/2022
Dividend Payable
7/11/2022
Today
8/13/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
31,245
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$44.00
High Stock Price Forecast
$47.00
Low Stock Price Forecast
$35.00
Forecasted Upside/Downside
+34.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$1.23 billion
Pretax Margin
39.43%

Debt

Sales & Book Value

Annual Sales
$5.87 billion
Cash Flow
$5.77 per share
Book Value
$43.79 per share

Miscellaneous

Free Float
N/A
Market Cap
$7.90 billion
Optionable
Not Optionable
Beta
1.27

Key Executives

  • Mr. Juan Carlos Mora Uribe (Age 57)
    Pres & CEO
  • Mr. José Humberto Acosta Martín (Age 60)
    CFO & VP of Fin.
  • Mr. Carlos Daniel Raad Baene
    Investor Relations Director & Mang.
  • Dr. Mauricio Rosillo Rojas (Age 53)
    Chief Legal Officer, Gen. Sec. & VP of Legal
  • Ms. Claudia Echavarria Uribe (Age 43)
    Chief Legal Officer, Gen. Counsel, Legal VP & Sec. Gen.
  • Mr. Rodrigo Prieto Uribe (Age 49)
    Chief Risks Officer & VP of Risk
  • Mr. Jose Mauricio Rodriguez Rios
    Chief Internal Auditor Officer
  • Mr. Rafael Barraza Domínguez
    CEO & Pres of Banco Agrícola SA
  • Ms. Aimeé Tialia Sentmat de Grimaldo (Age 52)
    CEO & Pres of Banistmo
  • Mr. Federico Jose Bolanos Coloma
    Pres of Banco Agromercantil de Guatemala - BAM













CIB Stock - Frequently Asked Questions

Should I buy or sell Bancolombia stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bancolombia in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CIB shares.
View CIB analyst ratings
or view top-rated stocks.

What is Bancolombia's stock price forecast for 2022?

7 equities research analysts have issued 12-month target prices for Bancolombia's stock. Their CIB share price forecasts range from $35.00 to $47.00. On average, they expect the company's share price to reach $44.00 in the next year. This suggests a possible upside of 34.0% from the stock's current price.
View analysts price targets for CIB
or view top-rated stocks among Wall Street analysts.

How have CIB shares performed in 2022?

Bancolombia's stock was trading at $31.59 on January 1st, 2022. Since then, CIB stock has increased by 4.0% and is now trading at $32.84.
View the best growth stocks for 2022 here
.

Are investors shorting Bancolombia?

Bancolombia saw a decrease in short interest in July. As of July 15th, there was short interest totaling 432,300 shares, a decrease of 32.2% from the June 30th total of 637,800 shares. Based on an average daily volume of 467,000 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the shares of the company are sold short.
View Bancolombia's Short Interest
.

When is Bancolombia's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our CIB earnings forecast
.

How were Bancolombia's earnings last quarter?

Bancolombia S.A. (NYSE:CIB) issued its quarterly earnings data on Monday, May, 4th. The bank reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.82 by $0.48. The bank had revenue of $1.08 billion for the quarter. Bancolombia had a trailing twelve-month return on equity of 16.24% and a net margin of 23.42%.

How often does Bancolombia pay dividends? What is the dividend yield for Bancolombia?

Bancolombia announced a quarterly dividend on Wednesday, June 8th. Investors of record on Wednesday, June 29th will be paid a dividend of $0.825 per share on Monday, July 11th. This represents a $3.30 dividend on an annualized basis and a yield of 10.05%. The ex-dividend date is Tuesday, June 28th.
Read our dividend analysis for CIB
.

Is Bancolombia a good dividend stock?

Bancolombia (NYSE:CIB) pays an annual dividend of $2.60 per share and currently has a dividend yield of 8.13%. CIB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 45.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIB will have a dividend payout ratio of 42.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CIB.

What other stocks do shareholders of Bancolombia own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bancolombia investors own include Ecopetrol (EC), Grupo Aval Acciones y Valores (AVAL), Pfizer (PFE), GSK (GSK), International Business Machines (IBM), AT&T (T), Tyson Foods (TSN), Verizon Communications (VZ), Wells Fargo & Company (WFC) and Walmart (WMT).

What is Bancolombia's stock symbol?

Bancolombia trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIB."

Who are Bancolombia's major shareholders?

Bancolombia's stock is owned by a number of retail and institutional investors. Top institutional investors include Polaris Capital Management LLC (0.54%), Allspring Global Investments Holdings LLC (0.38%), Lazard Asset Management LLC (0.27%), Moneda S.A. Administradora General de Fondos (0.12%), Moneda USA Inc. (0.09%) and Russell Investments Group Ltd. (0.09%).

How do I buy shares of Bancolombia?

Shares of CIB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Bancolombia's stock price today?

One share of CIB stock can currently be purchased for approximately $32.84.

How much money does Bancolombia make?

Bancolombia (NYSE:CIB) has a market capitalization of $7.90 billion and generates $5.87 billion in revenue each year. The bank earns $1.23 billion in net income (profit) each year or $5.73 on an earnings per share basis.

How many employees does Bancolombia have?

The company employs 31,245 workers across the globe.

How can I contact Bancolombia?

Bancolombia's mailing address is AVENIDA LOS INDUSTRIALES CARRERA 48 No 26 -85, MEDELLIN F8, . The official website for the company is www.grupobancolombia.com. The bank can be reached via phone at (574) 404-1837, via email at caa@bancolombia.com, or via fax at 574-404-5146.

This page (NYSE:CIB) was last updated on 8/13/2022 by MarketBeat.com Staff

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