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. Shareholders 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 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date of this dividend is Wednesday, January 22nd. View Colgate-Palmolive's Dividend History.

Colgate-Palmolive declared that its board has initiated a stock buyback program on Monday, June 18th 2018, which permits the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 9% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board believes its shares are undervalued.

Colgate-Palmolive (NYSE:CL) announced its earnings results on Friday, November, 1st. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.01. The business earned $3.93 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the company posted $0.72 earnings per share. 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.

Colgate-Palmolive will be holding an earnings conference call on Friday, January 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.

14 brokerages have issued 12 month target prices 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 year. This suggests a possible upside of 3.5% 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.

Media coverage about CL stock has been trending extremely negative this week, InfoTrie reports. InfoTrie ranks 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 -5.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Colgate-Palmolive.

Colgate-Palmolive saw a drop in short interest in the month of 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 trading volume of 3,670,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 1.6% of the company's stock are sold short. 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), Exxon Mobil (XOM) and Intel (INTC).

Colgate-Palmolive's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include LGT Capital Partners LTD. (0.15%), Marathon Asset Management LLP (0.12%), PGGM Investments (0.10%), Boston Trust Walden Corp (0.07%), Gateway Investment Advisers LLC (0.06%) and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.06%). 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 Assenagon Asset Management S.A., Manning & Napier Group LLC, KAMES CAPITAL plc, Tocqueville Asset Management L.P., Marathon Asset Management LLP, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA and Gateway Investment Advisers LLC. 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 acquired 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 Janney Montgomery Scott 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 $70.61.

Colgate-Palmolive has a market capitalization of $60.52 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]