NYSE:CL - Colgate-Palmolive Stock Price, Forecast & News

Colgate-Palmolive trades on the New York Stock Exchange (NYSE) under the ticker symbol "CL."

Colgate-Palmolive announced a quarterly dividend on Thursday, January 9th. Stockholders of record on Thursday, January 23rd will be paid a dividend of $0.43 per share on Friday, February 14th. This represents a $1.72 annualized dividend and a dividend yield of 2.43%. The ex-dividend date is Wednesday, January 22nd. View Colgate-Palmolive's Dividend History.

Colgate-Palmolive announced that its Board of Directors has initiated a share repurchase plan on Monday, June 18th 2018, which authorizes the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its stock is undervalued.

Colgate-Palmolive (NYSE:CL) released its earnings results on Friday, November, 1st. The company reported $0.71 EPS for the quarter, beating analysts' consensus estimates of $0.70 by $0.01. The company earned $3.93 billion during the quarter, compared to analysts' expectations of $3.95 billion. Colgate-Palmolive had a net margin of 15.04% and a return on equity of 6,492.71%. Colgate-Palmolive's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.72 EPS. View Colgate-Palmolive's Earnings History.

Colgate-Palmolive is scheduled to release their next quarterly earnings announcement on Friday, January 31st 2020. View Earnings Estimates for Colgate-Palmolive.

14 equities research analysts have issued 12 month price targets for Colgate-Palmolive's shares. Their forecasts range from $58.00 to $82.00. On average, they anticipate Colgate-Palmolive's share price to reach $73.08 in the next twelve months. This suggests a possible upside of 3.3% from the stock's current price. View Analyst Price Targets for Colgate-Palmolive.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colgate-Palmolive in the last year. There are currently 2 sell ratings, 9 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Colgate-Palmolive.

News headlines about CL stock have trended positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Colgate-Palmolive earned a news impact score of 3.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Colgate-Palmolive.

Colgate-Palmolive saw a drop in short interest in December. As of December 31st, there was short interest totalling 13,460,000 shares, a drop of 5.5% from the December 15th total of 14,250,000 shares. Based on an average daily volume of 3,670,000 shares, the short-interest ratio is currently 3.7 days. Approximately 1.6% of the shares of the stock are short sold. View Colgate-Palmolive's Current Options Chain.

Some companies that are related to Colgate-Palmolive include Procter & Gamble (PG), Kimberly Clark (KMB), Clorox (CLX), Church & Dwight (CHD), Spectrum Brands (SPB), WD-40 (WDFC), Central Garden & Pet (CENTA), Oil-Dri Co. of America (ODC) and Orchids Paper Products (TIS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Colgate-Palmolive investors own include Johnson & Johnson (JNJ), Procter & Gamble (PG), PepsiCo (PEP), AT&T (T), Walt Disney (DIS), The Coca-Cola (KO), Mcdonald's (MCD), Verizon Communications (VZ), Chevron (CVX) and Intel (INTC).

Colgate-Palmolive's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include LGT Capital Partners LTD. (0.15%), Boston Trust Walden Corp (0.07%), Gateway Investment Advisers LLC (0.06%), Manning & Napier Group LLC (0.04%), Tocqueville Asset Management L.P. (0.04%) and Artemis Investment Management LLP (0.04%). Company insiders that own Colgate-Palmolive stock include Daniel B Marsili, Dennis J Hickey, Ellen M Hancock, Franck J Moison, Helene D Gayle, Henning I Jakobsen, Ian M Cook, Jennifer Daniels, John J Huston, John T Cahill, John W Kooyman, Justin Skala, Mukul Deoras, Noel R Wallace, Patricia Verduin, Philip G Shotts, Prabha Parameswaran and Stephen I Sadove. View Institutional Ownership Trends for Colgate-Palmolive.

CL stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Tocqueville Asset Management L.P., Gateway Investment Advisers LLC, Boston Trust Walden Corp, Galibier Capital Management Ltd., State of Alaska Department of Revenue, Private Asset Management Inc. and Cullinan Associates Inc.. Company insiders that have sold Colgate-Palmolive company stock in the last year include Dennis J Hickey, Henning I Jakobsen, Ian M Cook, Jennifer Daniels, John J Huston, John T Cahill, John W Kooyman, Justin Skala, Noel R Wallace, Patricia Verduin, Philip G Shotts, Prabha Parameswaran and Stephen I Sadove. View Insider Buying and Selling for Colgate-Palmolive.

CL stock was purchased by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Pensionfund DSM Netherlands, Baxter Bros Inc., United Services Automobile Association, Townsend & Associates Inc, Johanson Financial Advisors Inc., Pensionfund Sabic and Bright Rock Capital Management LLC. View Insider Buying and Selling for Colgate-Palmolive.

Shares of CL 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 CL stock can currently be purchased for approximately $70.75.

Colgate-Palmolive has a market capitalization of $60.64 billion and generates $15.54 billion in revenue each year. The company earns $2.40 billion in net income (profit) each year or $2.97 on an earnings per share basis. Colgate-Palmolive employs 34,500 workers across the globe.View Additional Information About Colgate-Palmolive.

The official website for Colgate-Palmolive is http://www.colgatepalmolive.com/.

Colgate-Palmolive's mailing address is 300 PARK AVE, NEW YORK NY, 10022. The company can be reached via phone at 212-310-2000 or via email at [email protected]