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. $22.94 +0.35 (+1.55%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$22.19▼$23.0950-Day Range$22.26▼$30.8852-Week Range$21.55▼$45.98Volume424,132 shsAverage Volume403,294 shsMarket CapitalizationN/AP/E Ratio3.48Dividend Yield8.89%Price Target$40.40 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Bancolombia MarketRank™ ForecastAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside56.9% Upside$36.00 Price TargetShort InterestHealthy0.36% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.30Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth-0.71%From $5.60 to $5.56 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.2.58 out of 5 stars 3.3 Analyst's Opinion Consensus RatingBancolombia has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $36.00, Bancolombia has a forecasted upside of 56.9% from its current price of $22.94.Amount of Analyst CoverageBancolombia has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.36% of the float of Bancolombia has been sold short.Short Interest Ratio / Days to CoverBancolombia has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Bancolombia has recently decreased by 40.64%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipBancolombia is a leading dividend payer. It pays a dividend yield of 8.82%, 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 30.91%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Bancolombia will have a dividend payout ratio of 36.69% 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 1.3 News and Social Media Coverage News SentimentBancolombia has a news sentiment score of 0.30. 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 0.75 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Bancolombia this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for CIB on MarketBeat in the last 30 days. This is a decrease of -88% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Bancolombia are expected to decrease by -0.71% in the coming year, from $5.60 to $5.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bancolombia is 3.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Bancolombia is 3.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 133.48.Price to Earnings Growth RatioBancolombia has a PEG Ratio of 1.10. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioBancolombia has a P/B Ratio of 0.69. 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 HeadlinesMarch 18, 2023 | americanbankingnews.comBancolombia S.A. (NYSE:CIB) Receives Average Recommendation of "Moderate Buy" from BrokeragesMarch 18, 2023 | msn.comBancolombia repartirá este año entre más de 37.000 accionistas $ 3,4 billonesMarch 25, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 9, 2023 | msn.comBancolombia anuncia fuerte rebaja en tasas de interés de sus tarjetas de crédito: conozca cuáles seránMarch 9, 2023 | msn.comBancolombia rebaja intereses a cerca del 50% de tarjetas de créditoMarch 9, 2023 | msn.comBancolombia baja las tasas de interés de sus tarjetas de créditoJanuary 16, 2023 | finance.yahoo.comWall Street Analysts Think Bancolombia (CIB) Could Surge 32.12%: Read This Before Placing a BetJanuary 2, 2023 | msn.comPuestos de trabajo en Bancolombia, Éxito, Homecenter: cuáles son los requisitos y cómo solicitarMarch 25, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.December 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 ruralesDecember 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.comSee 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 Earnings5/04/2020Ex-Dividend for 1/19 Dividend12/29/2022Dividend Payable1/19/2023Today3/25/2023Ex-Dividend for 4/13 Dividend3/30/2023Dividend Payable4/13/2023Next Earnings (Estimated)5/10/2023Fiscal 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$36.00 High Stock Price Forecast$46.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside+76.1%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$6.60 Trailing P/E Ratio3.48 Forward P/E Ratio4.10 P/E Growth1.1Net Income$1.36 billion Net Margins21.09% Pretax Margin29.65% Return on Equity17.83% Return on Assets1.99% Debt Debt-to-Equity Ratio0.49 Current Ratio1.04 Quick Ratio1.03 Sales & Book Value Annual Sales$7.73 billion Price / SalesN/A Cash Flow$7.42 per share Price / Cash Flow3.09 Book Value$33.27 per share Price / Book0.69Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable Beta1.15 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 CompetitorsWoori Financial GroupNYSE:WFBanco Santander-ChileNYSE:BSACIntercorp Financial ServicesNYSE:IFSGrupo Aval Acciones y ValoresNYSE:AVALFirst Republic BankNYSE:FRCView All CompetitorsInstitutional OwnershipEarnest Partners LLCSold 21,102 shares on 2/15/2023Ownership: 0.000%Lazard Asset Management LLCSold 18,885 shares on 2/15/2023Ownership: 0.000%Legal & General Group PlcSold 23,267 shares on 2/15/2023Ownership: 0.000%Alps Advisors Inc.Bought 20,600 shares on 2/15/2023Ownership: 0.000%Employees Retirement System of TexasBought 5,150 shares on 2/15/2023Ownership: 0.000%View All Institutional Transactions CIB Stock - Frequently Asked Questions Should I buy or sell Bancolombia stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bancolombia in the last twelve months. There are currently 2 hold ratings and 3 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 2023? 5 brokers have issued 1 year price objectives for Bancolombia's stock. Their CIB share price forecasts range from $27.00 to $46.00. On average, they expect the company's share price to reach $36.00 in the next twelve months. This suggests a possible upside of 56.9% 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 start of the year. Since then, CIB stock has decreased by 19.6% and is now trading at $22.94. View the best growth stocks for 2023 here. Are investors shorting Bancolombia? Bancolombia saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 407,600 shares, a decline of 40.6% from the February 13th total of 686,700 shares. Based on an average trading volume of 322,600 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.4% of the shares of the stock are short sold. View Bancolombia's Short Interest. When is Bancolombia's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023. View our CIB earnings forecast. How were Bancolombia's earnings last quarter? Bancolombia S.A. (NYSE:CIB) issued its earnings results on Monday, May, 4th. The bank reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.82 by $0.48. The bank earned $1.08 billion during the quarter. Bancolombia had a trailing twelve-month return on equity of 17.83% and a net margin of 21.09%. How often does Bancolombia pay dividends? What is the dividend yield for Bancolombia? Bancolombia declared a quarterly dividend on Monday, March 20th. Shareholders of record on Friday, March 31st will be given a dividend of $0.7332 per share on Thursday, April 13th. This represents a $2.93 dividend on an annualized basis and a dividend yield of 12.79%. The ex-dividend date of this dividend is Thursday, March 30th. This is an increase from the stock's previous quarterly dividend of $0.65. Read our dividend analysis for CIB. What ETFs hold Bancolombia's stock? ETFs with the largest weight of Bancolombia (NYSE:CIB) stock in their portfolio include ALPS Emerging Sector Dividend Dogs ETF (EDOG), Schwab Crypto Thematic ETF (STCE) and iShares Latin America 40 ETF (ILF).iShares Global Financials ETF (IXG). 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 8.82%. CIB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 30.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIB will have a dividend payout ratio of 36.69% 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 variety of institutional and retail investors. Top institutional shareholders include Vontobel Asset Management Inc. (0.00%), Earnest Partners LLC (0.00%), Allspring Global Investments Holdings LLC (0.42%), Arrowstreet Capital Limited Partnership (0.00%), Robeco Institutional Asset Management B.V. (0.00%) and Lazard Asset Management LLC (0.00%). 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 $22.94. 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 3/25/2023 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. 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