NYSE:CIB - Bancolombia Stock Price, Forecast & News

Bancolombia's stock was trading at $33.09 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CIB shares have decreased by 27.0% and is now trading at $24.16. View which stocks have been mosted impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bancolombia in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Bancolombia.

Bancolombia is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Bancolombia.

Bancolombia SA (NYSE:CIB) released its quarterly earnings results on Thursday, February, 20th. The bank reported $0.60 EPS for the quarter, missing the Zacks' consensus estimate of $0.87 by $0.27. The bank earned $1.23 billion during the quarter. Bancolombia had a return on equity of 11.50% and a net margin of 14.84%. View Bancolombia's earnings history.

Bancolombia declared a -- dividend on Monday, March 23rd. Investors of record on Monday, March 30th will be paid a dividend of $0.4632 per share on Monday, April 13th. This represents a yield of 7.4%. The ex-dividend date is Friday, March 27th. This is an increase from Bancolombia's previous -- dividend of $0.32. View Bancolombia's dividend history.

6 equities research analysts have issued 1 year price objectives for Bancolombia's stock. Their forecasts range from $53.00 to $55.00. On average, they expect Bancolombia's share price to reach $54.00 in the next year. This suggests a possible upside of 123.5% from the stock's current price. View analysts' price targets for Bancolombia.

Media stories about CIB stock have been trending very negative on Thursday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Bancolombia earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned media headlines about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutBancolombia.

Bancolombia saw a decline in short interest in the month of March. As of March 13th, there was short interest totaling 188,500 shares, a decline of 68.4% from the February 27th total of 595,900 shares. Based on an average daily volume of 384,300 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are sold short. View Bancolombia's Current Options Chain.

Some companies that are related to Bancolombia include United Overseas Bank (UOVEY), NORDEA Bk AB SW/S (NRDBY), CR AGRICOLE S A/ADR (CRARY), ING Groep (ING), Banco Santander Brasil (BSBR), Banco Bilbao Vizcaya Argentaria (BBVA), KBC GRP NV/ADR (KBCSY), DNB ASA/S (DNHBY), Barclays (BCS), Royal Bank of Scotland Group (RBSPF), Royal Bank of Scotland Group (RBS), Skandinaviska Enskilda Banken (SVKEF), First Republic Bank (FRC), Societe Generale (SCGLY) and National Bank of Canada (NTIOF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Bancolombia investors own include Ecopetrol (EC), Pfizer (PFE), Verizon Communications (VZ), PepsiCo (PEP), Primo Water (PRMW), Anthem (ANTM), Avianca (AVH), Alibaba Group (BABA), Franklin Resources (BEN) and Carnival (CCL).

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

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

One share of CIB stock can currently be purchased for approximately $24.16.

Bancolombia has a market capitalization of $5.81 billion and generates $6.65 billion in revenue each year. The bank earns $935.21 million in net income (profit) each year or $3.86 on an earnings per share basis. Bancolombia employs 31,040 workers across the globe. View additional information about Bancolombia.

The official website for Bancolombia is http://www.grupobancolombia.com/.

Bancolombia's mailing address is AVENIDA LOS INDUSTRIALES CARRERA 48 No 26 -85, MEDELLIN F8, . The bank can be reached via phone at 574-510-1838 or via email at [email protected]