NYSE:CLColgate-Palmolive Stock Price, Forecast & News

Colgate-Palmolive's stock was trading at $68.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CL shares have increased by 8.6% and is now trading at $74.85. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colgate-Palmolive in the last year. There are currently 2 sell ratings, 4 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Colgate-Palmolive.

Colgate-Palmolive is scheduled to release its next quarterly earnings announcement on Friday, July 31st 2020. View our earnings forecast for Colgate-Palmolive.

Colgate-Palmolive will be holding an earnings conference call on Friday, July 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Colgate-Palmolive (NYSE:CL) released its quarterly earnings data on Friday, May, 1st. The company reported $0.75 EPS for the quarter, beating the Zacks' consensus estimate of $0.73 by $0.02. The business earned $4.10 billion during the quarter, compared to analysts' expectations of $4.07 billion. Colgate-Palmolive had a return on equity of 942.99% and a net margin of 15.86%. The company's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.67 EPS. View Colgate-Palmolive's earnings history.

Colgate-Palmolive declared a quarterly dividend on Thursday, June 11th. Stockholders of record on Monday, July 20th will be given a dividend of $0.44 per share on Friday, August 14th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date is Friday, July 17th. View Colgate-Palmolive's dividend history.

15 brokers have issued 12 month target prices for Colgate-Palmolive's stock. Their forecasts range from $58.00 to $91.00. On average, they expect Colgate-Palmolive's stock price to reach $75.54 in the next year. This suggests a possible upside of 0.9% from the stock's current price. View analysts' price targets for Colgate-Palmolive.

Media stories about CL stock have been trending extremely negative on Wednesday, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Colgate-Palmolive earned a media sentiment score of -4.3 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the company's share price in the near term. View the latest news about Colgate-Palmolive.

Colgate-Palmolive saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 12,560,000 shares, a drop of 6.8% from the June 15th total of 13,470,000 shares. Based on an average trading volume of 4,580,000 shares, the short-interest ratio is presently 2.7 days. Approximately 1.5% of the company's shares 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), WD-40 (WDFC), Spectrum Brands (SPB), Central Garden & Pet (CENTA), Oil-Dri Co. of America (ODC) and Orchids Paper Products (TIS). View all competitors.

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), Verizon Communications (VZ), AbbVie (ABBV), Walt Disney (DIS), Coca-Cola (KO), Mcdonald's (MCD) and Intel (INTC).

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

Colgate-Palmolive's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.19%), LGT Capital Partners LTD. (0.15%), Hexavest Inc. (0.04%), Envestnet Asset Management Inc. (0.04%), Manning & Napier Group LLC (0.04%) and Factory Mutual Insurance Co. (0.03%). Company insiders that own Colgate-Palmolive stock include Daniel B Marsili, Dennis J Hickey, 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, Michael B Polk, 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 6 Meridian, Hexavest Inc., Confluence Investment Management LLC, IFM Investors Pty Ltd, Legacy Capital Partners Inc., Bright Rock Capital Management LLC, Independent Investors Inc., and BKD Wealth Advisors LLC. Company insiders that have sold Colgate-Palmolive company stock in the last year include Daniel B Marsili, Helene D Gayle, Henning I Jakobsen, Ian M Cook, John J Huston, John T Cahill, John W Kooyman, Michael B Polk, Noel R Wallace, Patricia Verduin, Philip G Shotts, and Prabha Parameswaran. View insider buying and selling activity for Colgate-Palmolive.

CL stock was acquired by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Veracity Capital LLC, Exchange Traded Concepts LLC, Prentiss Smith & Co. Inc., Hilton Capital Management LLC, Envestnet Asset Management Inc., First American Trust FSB, and Canandaigua National Corp. View insider buying and selling activity 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 $74.85.

Colgate-Palmolive has a market capitalization of $64.11 billion and generates $15.69 billion in revenue each year. The company earns $2.37 billion in net income (profit) each year or $2.83 on an earnings per share basis. Colgate-Palmolive employs 34,300 workers across the globe.

The official website for Colgate-Palmolive is 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]