Headlines about Bancolombia (NYSE:CIB) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bancolombia earned a daily sentiment score of 0.25 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 46.2487733641563 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
Shares of CIB opened at $47.36 on Wednesday. The stock has a market cap of $11.31 billion, a PE ratio of 13.01, a price-to-earnings-growth ratio of 0.88 and a beta of 0.53. Bancolombia has a 1 year low of $36.38 and a 1 year high of $51.38. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.11 and a current ratio of 1.11.
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 13th. Stockholders of record on Thursday, June 28th will be given a dividend of $0.362 per share. This represents a $1.45 annualized dividend and a dividend yield of 3.06%. The ex-dividend date of this dividend is Wednesday, June 27th. This is a boost from Bancolombia’s previous quarterly dividend of $0.36. Bancolombia’s dividend payout ratio is currently 40.11%.
Several brokerages have recently issued reports on CIB. Santander raised shares of Bancolombia from an “underperform” rating to a “hold” rating in a research report on Thursday, April 19th. ValuEngine cut shares of Bancolombia from a “buy” rating to a “hold” rating in a research report on Friday, May 11th. Zacks Investment Research cut shares of Bancolombia from a “buy” rating to a “hold” rating in a research report on Tuesday, May 8th. Bank of America raised shares of Bancolombia from an “underperform” rating to a “neutral” rating in a research report on Wednesday, June 13th. Finally, Standpoint Research raised shares of Bancolombia from a “hold” rating to an “accumulate” rating in a research report on Wednesday, March 7th. One equities research analyst has rated the stock with a sell rating and ten have assigned a hold rating to the stock. Bancolombia has an average rating of “Hold” and a consensus price target of $45.67.
Bancolombia SA provides various banking products and services to individual, corporate, and government customers throughout Colombia, Latin America, and the Caribbean region. The company operates through nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, Off Shore, and All Other.
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