Research Analysts Set Expectations for BMO FY2025 Earnings

Bank of Montreal (NYSE:BMO) (TSE:BMO) – National Bank Financial decreased their FY2025 earnings per share estimates for Bank of Montreal in a report released on Thursday, December 5th. National Bank Financial analyst G. Dechaine now forecasts that the bank will post earnings per share of $7.88 for the year, down from their previous estimate of $8.17. The consensus estimate for Bank of Montreal’s current full-year earnings is $7.97 per share. National Bank Financial also issued estimates for Bank of Montreal’s FY2026 earnings at $9.24 EPS.

A number of other research firms also recently weighed in on BMO. StockNews.com downgraded Bank of Montreal from a “hold” rating to a “sell” rating in a report on Thursday, August 29th. Cibc World Mkts upgraded Bank of Montreal from a “hold” rating to a “strong-buy” rating in a research report on Friday. Scotiabank raised Bank of Montreal from a “sector perform” rating to a “sector outperform” rating in a research note on Friday. Royal Bank of Canada reissued a “sector perform” rating and set a $133.00 target price (up previously from $106.00) on shares of Bank of Montreal in a research report on Friday. Finally, Jefferies Financial Group downgraded shares of Bank of Montreal from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Bank of Montreal has an average rating of “Hold” and a consensus target price of $122.40.

Bank of Montreal Trading Up 3.8 %

Shares of NYSE BMO opened at $103.39 on Monday. The firm has a 50 day moving average price of $93.33 and a two-hundred 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 price-to-earnings-growth ratio of 2.59 and a beta of 1.10. Bank of Montreal has a 52-week low of $76.98 and a 52-week high of $104.63. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.98 and a current ratio of 0.98.

Bank of Montreal Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Thursday, January 30th will be paid a dividend of $1.1329 per share. The ex-dividend date is Thursday, January 30th. This is a positive change from Bank of Montreal’s previous quarterly dividend of $1.12. This represents a $4.53 annualized dividend and a yield of 4.38%. Bank of Montreal’s dividend payout ratio is currently 65.62%.

Institutional Investors Weigh In On Bank of Montreal

A number of large investors have recently bought and sold shares of the stock. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Bank of Montreal by 261.6% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,249,552 shares of the bank’s stock valued at $383,449,000 after buying an additional 3,074,389 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake in Bank of Montreal by 138.4% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 4,851,629 shares of the bank’s stock valued at $407,282,000 after acquiring an additional 2,816,385 shares during the period. Toronto Dominion Bank increased its holdings in shares of Bank of Montreal by 14.9% during the third quarter. Toronto Dominion Bank now owns 11,812,353 shares of the bank’s stock valued at $1,065,474,000 after acquiring an additional 1,534,508 shares in the last quarter. JARISLOWSKY FRASER Ltd increased its holdings in shares of Bank of Montreal by 36.9% during the second quarter. JARISLOWSKY FRASER Ltd now owns 5,239,662 shares of the bank’s stock valued at $439,705,000 after acquiring an additional 1,412,532 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of Bank of Montreal during the second quarter worth approximately $80,915,000. 45.82% of the stock is currently owned by institutional investors and hedge funds.

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.