Colgate-Palmolive Stock Forecast, Price & 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 (WHO). Since then, CL shares have increased by 18.8% and is now trading at $81.88.
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13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colgate-Palmolive in the last twelve months. There are currently 3 sell ratings, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Colgate-Palmolive stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CL, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Colgate-Palmolive a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Colgate-Palmolive wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Colgate-Palmolive is scheduled to release its next quarterly earnings announcement on Friday, January 29th 2021.
View our earnings forecast for Colgate-Palmolive.

Colgate-Palmolive will be holding an earnings conference call on Friday, January 29th 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) announced its quarterly earnings data on Wednesday, November, 4th. The company reported $0.79 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.70 by $0.09. The firm earned $4.15 billion during the quarter, compared to the consensus estimate of $4 billion. Colgate-Palmolive had a net margin of 16.65% and a return on equity of 383.88%. Colgate-Palmolive's revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.71 earnings per share.
View Colgate-Palmolive's earnings history.

Colgate-Palmolive declared a quarterly dividend on Thursday, January 14th. Shareholders of record on Monday, January 25th will be given a dividend of $0.44 per share on Tuesday, February 16th. This represents a $1.76 annualized dividend and a yield of 2.15%. The ex-dividend date is Friday, January 22nd.
View Colgate-Palmolive's dividend history.

Colgate-Palmolive pays an annual dividend of $1.76 per share and currently has a dividend yield of 2.15%. Colgate-Palmolive has been increasing its dividend for 57 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Colgate-Palmolive is 62.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Colgate-Palmolive will have a dividend payout ratio of 53.99% next year. This indicates that Colgate-Palmolive will be able to sustain or increase its dividend.
View Colgate-Palmolive's dividend history.

13 analysts have issued 12 month target prices for Colgate-Palmolive's shares. Their forecasts range from $58.00 to $90.00. On average, they anticipate Colgate-Palmolive's share price to reach $78.58 in the next year. This suggests that the stock has a possible downside of 4.0%.
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Some companies that are related to Colgate-Palmolive include The Procter & Gamble (PG), Kimberly-Clark (KMB), The 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 of CL's competitors.

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

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

Colgate-Palmolive's stock is owned by many different retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (0.06%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.04%), Hexavest Inc. (0.02%), Rockland Trust Co. (0.02%), State of Alaska Department of Revenue (0.02%) and Huntington National Bank (0.02%). Company insiders that own Colgate-Palmolive stock include Daniel B Marsili, Dennis J Hickey, 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, Noel R Wallace, Panagiotis Tsourapas, Patricia Verduin, Philip G Shotts, Prabha Parameswaran, Sally Massey 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 Hexavest Inc., Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Boston Trust Walden Corp, State of Alaska Department of Revenue, Private Asset Management Inc., Crossmark Global Holdings Inc., Capital City Trust Co. FL, and 6 Meridian. 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, Jennifer Daniels, John J Huston, John T Cahill, John W Kooyman, Michael B Polk, Noel R Wallace, Panagiotis Tsourapas, Patricia Verduin, Philip G Shotts, and Sally Massey.
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CL stock was purchased by a variety of institutional investors in the last quarter, including Bellecapital International Ltd., Vigilant Capital Management LLC, Bath Savings Trust Co, IFM Investors Pty Ltd, Louisiana State Employees Retirement System, Grant GrossMendelsohn LLC, Trust Co. of Toledo NA OH, and IMS Capital Management.
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Shares of CL 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.

One share of CL stock can currently be purchased for approximately $81.88.

Colgate-Palmolive has a market capitalization of $70.18 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]