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

Colgate-Palmolive's stock was trading at $68.90 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CL shares have decreased by 3.4% and is now trading at $66.58. View which stocks have been mosted impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colgate-Palmolive in the last year. There are currently 1 sell rating, 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Colgate-Palmolive.

Colgate-Palmolive is scheduled to release its next quarterly earnings announcement on Friday, May 1st 2020. View our earnings forecast for Colgate-Palmolive.

Colgate-Palmolive will be holding an earnings conference call on Friday, May 1st 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, January, 31st. The company reported $0.73 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.73. The company had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.93 billion. Colgate-Palmolive had a return on equity of 1,906.25% and a net margin of 15.08%. The company's revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.74 EPS. View Colgate-Palmolive's earnings history.

Colgate-Palmolive announced a quarterly dividend on Wednesday, March 11th. Shareholders of record on Monday, April 20th will be paid a dividend of $0.44 per share on Friday, May 15th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date of this dividend is Friday, April 17th. This is a positive change from Colgate-Palmolive's previous quarterly dividend of $0.43. View Colgate-Palmolive's dividend history.

Colgate-Palmolive declared that its board has authorized a share buyback program on Monday, June 18th 2018, which authorizes the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its stock is undervalued.

Colgate-Palmolive updated its FY 2020 Pre-Market earnings guidance on Friday, January, 31st. The company provided EPS guidance of for the period. The company issued revenue guidance of $16.321-16.635 billion, compared to the consensus revenue estimate of $16.14 billion.

17 Wall Street analysts have issued 1 year price targets for Colgate-Palmolive's shares. Their forecasts range from $58.00 to $91.00. On average, they expect Colgate-Palmolive's stock price to reach $75.20 in the next twelve months. This suggests a possible upside of 12.9% from the stock's current price. View analysts' price targets for Colgate-Palmolive.

News articles about CL stock have been trending very negative on Tuesday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Colgate-Palmolive earned a coverage optimism score of -3.7 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutColgate-Palmolive.

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).

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), The Coca-Cola (KO), Mcdonald's (MCD), Walt Disney (DIS), Verizon Communications (VZ), Exxon Mobil (XOM) and Intel (INTC).

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

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 $66.58.

Colgate-Palmolive has a market capitalization of $56.93 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. 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]