NYSE:CIB Bancolombia - CIB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Bancolombia S.A. Please log in to your account or sign up in order to add this asset to your watchlist. $28.90 -0.38 (-1.30%) (As of 02/6/2023 01:07 PM ET) Add Compare Share Share Today's Range$28.51▼$29.0150-Day Range$25.16▼$30.8852-Week Range$23.86▼$45.98Volume99,860 shsAverage Volume302,557 shsMarket CapitalizationN/AP/E Ratio4.32Dividend Yield6.98%Price Target$41.17 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Bancolombia MarketRank™ ForecastAnalyst RatingModerate Buy2.78 Rating ScoreUpside/Downside42.4% Upside$41.17 Price TargetShort InterestHealthy0.77% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-12.76%From $6.35 to $5.54 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.73 out of 5 stars 3.4 Analyst's Opinion Consensus RatingBancolombia has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $41.17, Bancolombia has a forecasted upside of 42.4% from its current price of $28.90.Amount of Analyst CoverageBancolombia has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.77% of the float of Bancolombia has been sold short.Short Interest Ratio / Days to CoverBancolombia has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Bancolombia has recently increased by 139.36%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipBancolombia is a leading dividend payer. It pays a dividend yield of 6.98%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBancolombia does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Bancolombia is 30.49%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Bancolombia will have a dividend payout ratio of 36.82% next year. This indicates that Bancolombia will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CIB. Previous Next 1.8 News and Social Media Coverage News SentimentBancolombia has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Bancolombia this week, compared to 2 articles on an average week.Search Interest7 people have searched for CIB on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bancolombia insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 1.89% of the stock of Bancolombia is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Bancolombia are expected to decrease by -12.76% in the coming year, from $6.35 to $5.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bancolombia is 4.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Bancolombia is 4.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 185.11.Price to Earnings Growth RatioBancolombia has a PEG Ratio of 0.26. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioBancolombia has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Bancolombia (NYSE:CIB) StockBancolombia SA provides various banking products and services to individual, corporate, and government customers in Colombia, Latin America, and the Caribbean region. It operates through following operating segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment banking, Brokerage, Off Shore and Others. The firm offers automobile, personal, and education loans, credit and debit cards, securities brokerage services, fund transfers, lease and foreign trade financing, insurance, and pension funds. The company was founded on January 24, 1945 and is headquartered in Medellín, Colombia.Read More Receive CIB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bancolombia and its competitors with MarketBeat's FREE daily newsletter. Email Address CIB Stock News HeadlinesJanuary 29, 2023 | americanbankingnews.comBancolombia S.A. (NYSE:CIB) Short Interest Up 139.4% in JanuaryJanuary 16, 2023 | finance.yahoo.comWall Street Analysts Think Bancolombia (CIB) Could Surge 32.12%: Read This Before Placing a BetFebruary 6, 2023 | Investing Trends (Ad)"We need batteries. Literally everywhere."Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense." January 2, 2023 | msn.comPuestos de trabajo en Bancolombia, Éxito, Homecenter: cuáles son los requisitos y cómo solicitarDecember 29, 2022 | finance.yahoo.comBancolombia S.A. (NYSE:CIB) Q3 2022 Earnings Call TranscriptDecember 27, 2022 | seekingalpha.comBancolombia: Unfairly PenalizedDecember 6, 2022 | msn.comAsí serán los horarios en sucursales de Bancolombia en diciembreDecember 3, 2022 | msn.comBancolombia financia a Enel para llevar energía a más áreas ruralesFebruary 6, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.December 2, 2022 | msn.comApps de Nequi y Bancolombia operan con normalidad; siguen fallas en DaviviendaDecember 1, 2022 | msn.comAtención | Falla masiva en plataformas digitales de Bancolombia, Davivienda, y nadie da razón. Se suman al que enfrenta Sánitas hace unos díasDecember 1, 2022 | msn.comUsuarios reportan fallas en plataformas de Davivienda y Bancolombia en ColombiaDecember 1, 2022 | msn.comBancolombia financiará proyectos de energía rurales y renovables de Enel ColombiaNovember 29, 2022 | msn.comMinHacienda autorizó a ISA para que Bancolombia financie plan de inversionesNovember 2, 2022 | msn.comLanzan MonetPay, una billetera digital en alianza con BancolombiaNovember 1, 2022 | msn.comAlianza de Bancolombia y Monet crea nueva billetera digital: MonetPayOctober 11, 2022 | msn.com¿Cómo abrir una cuenta de ahorros en Bancolombia desde el celular? Guía rápidaOctober 11, 2022 | msn.comBancolombia lanza app eTrading en línea para comprar y vender acciones desde el celularOctober 11, 2022 | msn.comBancolombia anuncia cambio que facilitará la vida a muchos: habrá revolcón en su 'app'October 11, 2022 | msn.comBancolombia lanzará app de eTrading en líneaOctober 9, 2022 | reuters.comCIB.P - Bancolombia SA (ADR) | Stock Price & Latest News | ReutersOctober 4, 2022 | finance.yahoo.comLatinFinance has revealed the winners of its 2022 Project & Infrastructure Finance Awards - Yahoo FinanceSeptember 29, 2022 | streetinsider.comLatin American NFT startup Minteo raises $4.3 million to Introduce Region to Web3 - StreetInsider.comSeptember 27, 2022 | seekingalpha.comBancolombia S.A. goes ex dividend tomorrow (NYSE:CIB) - Seeking AlphaSeptember 27, 2022 | seekingalpha.comBancolombia SA Stock Looks Intriguing (NYSE:CIB) - Seeking AlphaSeptember 26, 2022 | nasdaq.com3 Top Dividend Stocks to Maximize Your Retirement Income - NasdaqSeptember 26, 2022 | morningstar.comBancolombia Down Over 7%, on Track for Largest Percent Decrease Since June 2020 — Data Talk - MorningstarSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CIB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bancolombia and its competitors with MarketBeat's FREE daily newsletter. Email Address CIB Company Calendar Last Earnings11/10/2022Ex-Dividend for 1/19 Dividend12/29/2022Dividend Payable1/19/2023Today2/06/2023Next Earnings (Estimated)2/28/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Commercial banks, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNYSE:CIB CUSIPN/A CIK1071371 Webwww.grupobancolombia.com Phone(574) 404-1837Fax574-404-5146Employees31,245Year FoundedN/APrice Target and Rating Average Stock Price Forecast$41.17 High Stock Price Forecast$47.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside+42.4%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$6.69 Trailing P/E Ratio4.32 Forward P/E Ratio4.55 P/E Growth0.26Net Income$1.23 billion Net Margins23.23% Pretax Margin39.07% Return on Equity17.14% Return on Assets1.93% Debt Debt-to-Equity Ratio0.48 Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$5.87 billion Price / SalesN/A Cash Flow$5.55 per share Price / Cash Flow5.21 Book Value$42.33 per share Price / Book0.68Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable Beta1.14 Key ExecutivesJuan Carlos Mora UribePresident & Chief Executive OfficerJosé Humberto Acosta MartinChief Financial Officer & Vice President-FinanceRicardo Mauricio Rosillo RojasVice PresidentMaria Cristina Arrastia UribeDeputy Manager-Money DeskRodrigo Prieto UribeVice President-Risk ManagementKey CompetitorsBanco Santander-ChileNYSE:BSACWoori Financial GroupNYSE:WFBanco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander MéxicoNYSE:BSMXCredicorpNYSE:BAPBanco de ChileNYSE:BCHView All CompetitorsInsiders & InstitutionsINCA Investments LLCBought 95,238 shares on 2/3/2023Ownership: 0.000%Legacy Wealth Asset Management LLCBought 16,156 shares on 2/2/2023Ownership: 0.000%Zurcher Kantonalbank Zurich Cantonalbank Bought 7,400 shares on 2/1/2023Ownership: 0.000%State of New Jersey Common Pension Fund DSold 44,855 shares on 2/1/2023Ownership: 0.000%Signaturefd LLCSold 916 shares on 1/30/2023Ownership: 0.000%View All Institutional Transactions CIB Stock - Frequently Asked Questions Should I buy or sell Bancolombia stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bancolombia in the last twelve months. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities 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 2023? 9 Wall Street analysts have issued 1-year target prices for Bancolombia's stock. Their CIB share price forecasts range from $27.00 to $47.00. On average, they predict the company's stock price to reach $41.17 in the next year. This suggests a possible upside of 40.6% 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 2023? Bancolombia's stock was trading at $28.54 at the beginning of 2023. Since then, CIB shares have increased by 2.6% and is now trading at $29.28. View the best growth stocks for 2023 here. Are investors shorting Bancolombia? Bancolombia saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 866,500 shares, an increase of 139.4% from the December 31st total of 362,000 shares. Based on an average trading volume of 297,600 shares, the days-to-cover ratio is presently 2.9 days. Approximately 0.8% of the company's shares 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, February 28th 2023. View our CIB earnings forecast. How were Bancolombia's earnings last quarter? Bancolombia S.A. (NYSE:CIB) issued its earnings results on Thursday, November, 10th. The bank reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.59 by $0.11. The bank earned $1.45 billion during the quarter. Bancolombia had a trailing twelve-month return on equity of 17.14% and a net margin of 23.23%. How often does Bancolombia pay dividends? What is the dividend yield for Bancolombia? Bancolombia declared a quarterly dividend on Tuesday, December 20th. Shareholders of record on Friday, December 30th will be given a dividend of $0.6545 per share on Thursday, January 19th. This represents a $2.62 annualized dividend and a yield of 8.94%. The ex-dividend date of this dividend is Thursday, December 29th. Read our dividend analysis for CIB. Is Bancolombia a good dividend stock? Bancolombia (NYSE:CIB) pays an annual dividend of $2.04 per share and currently has a dividend yield of 6.98%. CIB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 30.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIB will have a dividend payout ratio of 36.82% 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 shareholders include Allspring Global Investments Holdings LLC (0.42%), INCA Investments LLC (0.00%), DNB Asset Management AS (0.06%), M&G Investment Management Ltd. (0.05%), Zurcher Kantonalbank Zurich Cantonalbank (0.00%) and Boston Common Asset Management LLC (0.03%). 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 $29.28. 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 2/6/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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