FY2025 EPS Forecast for Bank of Montreal Cut by Analyst

Bank of Montreal (NYSE:BMO) (TSE:BMO) – Equities research analysts at Cormark lowered their FY2025 earnings per share estimates for Bank of Montreal in a report released on Friday, December 6th. Cormark analyst L. Persaud now anticipates that the bank will earn $7.85 per share for the year, down from their prior estimate of $8.10. The consensus estimate for Bank of Montreal’s current full-year earnings is $7.97 per share. Cormark also issued estimates for Bank of Montreal’s FY2026 earnings at $9.17 EPS.

A number of other research firms also recently weighed in on BMO. Cibc World Mkts raised Bank of Montreal from a “hold” rating to a “strong-buy” rating in a research report on Friday. Scotiabank upgraded Bank of Montreal from a “sector perform” rating to a “sector outperform” rating in a research report on Friday. Barclays reduced their target price on Bank of Montreal from $132.00 to $126.00 and set an “overweight” rating for the company in a research report on Wednesday, August 28th. Bank of America lowered shares of Bank of Montreal from a “buy” rating to a “neutral” rating and decreased their target price for the company from $134.00 to $117.00 in a research report on Wednesday, August 28th. Finally, CIBC raised shares of Bank of Montreal from a “neutral” rating to a “sector outperform” rating in a research report on Friday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Bank of Montreal currently has a consensus rating of “Hold” and an average price target of $122.40.

Bank of Montreal Price Performance

NYSE:BMO opened at $103.39 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.98 and a quick ratio of 0.98. Bank of Montreal has a one year low of $76.98 and a one year high of $104.63. The company has a fifty day moving average price of $93.33 and a 200 day moving average price of $88.36. The stock has a market cap of $75.43 billion, a P/E ratio of 14.81, a PEG ratio of 2.59 and a beta of 1.10.

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 given a $1.1329 dividend. This represents a $4.53 annualized dividend and a yield of 4.38%. The ex-dividend date of this dividend is Thursday, January 30th. This is a boost from Bank of Montreal’s previous quarterly dividend of $1.12. Bank of Montreal’s dividend payout ratio (DPR) is presently 65.62%.

Institutional Trading of Bank of Montreal

A number of hedge funds and other institutional investors have recently modified their holdings of BMO. Strategic Investment Solutions Inc. IL acquired a new position in Bank of Montreal during the 2nd quarter worth $34,000. Rothschild Investment LLC bought a new stake in shares of Bank of Montreal during the second quarter worth $40,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Bank of Montreal during the third quarter valued at $45,000. GHP Investment Advisors Inc. boosted its holdings in Bank of Montreal by 244.1% in the third quarter. GHP Investment Advisors Inc. now owns 554 shares of the bank’s stock valued at $50,000 after acquiring an additional 393 shares during the last quarter. Finally, Blue Trust Inc. increased its position in Bank of Montreal by 207.8% in the third quarter. Blue Trust Inc. now owns 668 shares of the bank’s stock worth $56,000 after purchasing an additional 451 shares during the period. Institutional investors and hedge funds own 45.82% of the company’s stock.

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.