Cormark Has Optimistic Outlook of TSE:BMO FY2026 Earnings

Bank of Montreal (TSE:BMO) (NYSE:BMO) – Equities research analysts at Cormark boosted their FY2026 earnings per share (EPS) estimates for Bank of Montreal in a report issued on Friday, December 6th. Cormark analyst L. Persaud now forecasts that the bank will post earnings of $12.92 per share for the year, up from their prior forecast of $12.68. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share.

Several other analysts have also recently commented on BMO. Cibc World Mkts upgraded Bank of Montreal from a “hold” rating to a “strong-buy” rating in a research report on Friday. Jefferies Financial Group dropped their price target on Bank of Montreal from C$141.00 to C$124.00 and set a “buy” rating for the company in a research report on Monday, August 12th. TD Securities boosted their price target on Bank of Montreal from C$114.00 to C$131.00 in a research report on Friday, November 15th. Desjardins dropped their price target on Bank of Montreal from C$125.00 to C$120.00 and set a “hold” rating for the company in a research report on Wednesday, August 28th. Finally, Royal Bank of Canada dropped their price target on Bank of Montreal from C$118.00 to C$106.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 28th. Six investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Bank of Montreal presently has an average rating of “Moderate Buy” and an average target price of C$131.33.

Bank of Montreal Stock Performance

Shares of BMO opened at C$146.32 on Monday. Bank of Montreal has a one year low of C$109.02 and a one year high of C$147.54. The stock has a market capitalization of C$106.73 billion, a price-to-earnings ratio of 16.84, a PEG ratio of 0.71 and a beta of 1.16. The stock has a 50 day moving average price of C$128.88 and a 200 day moving average price of C$121.67.

Insiders Place Their Bets

In other news, Senior Officer David Robert Casper sold 12,819 shares of the company’s stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of C$121.85, for a total value of C$1,562,007.97. 0.03% of the stock is currently owned by corporate insiders.

Bank of Montreal Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Thursday, January 30th will be paid a dividend of $1.59 per share. This represents a $6.36 dividend on an annualized basis and a yield of 4.35%. This is a positive change from Bank of Montreal’s previous quarterly dividend of $1.55. Bank of Montreal’s payout ratio is 71.35%.

Bank of Montreal Company Profile

Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments. The company's personal banking products and services include deposits, mortgages, home lending, consumer credit, small business lending, credit cards, cash management, financial and investment advice, and other banking services; and commercial banking products and services comprise various of financing options and treasury and payment solutions, as well as risk management products.