Bank of Montreal (TSE:BMO – Free Report) (NYSE:BMO) – Research analysts at National Bank Financial lowered their FY2025 earnings estimates for shares of 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 $11.10 for the year, down from their prior estimate of $11.35. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share. National Bank Financial also issued estimates for Bank of Montreal’s FY2026 earnings at $13.01 EPS.
Other equities analysts have also issued reports about the company. Scotiabank raised Bank of Montreal from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from C$147.00 to C$160.00 in a research report on Friday. Desjardins decreased their target price on shares of Bank of Montreal from C$125.00 to C$120.00 and set a “hold” rating for the company in a research note on Wednesday, August 28th. Cormark dropped their price target on shares of Bank of Montreal from C$129.00 to C$118.00 in a research note on Wednesday, August 28th. Canaccord Genuity Group upped their price objective on shares of Bank of Montreal from C$143.00 to C$148.00 in a research report on Friday. Finally, Jefferies Financial Group dropped their target price on Bank of Montreal from C$141.00 to C$124.00 and set a “buy” rating on the stock in a research report on Monday, August 12th. Six research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$131.33.
Bank of Montreal Price Performance
Shares of TSE BMO opened at C$146.32 on Monday. Bank of Montreal has a 1-year low of C$109.02 and a 1-year high of C$147.54. The company 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 business has a 50-day moving average of C$128.88 and a 200-day moving average of C$121.67.
Insider Activity at Bank of Montreal
In related news, Senior Officer David Robert Casper sold 12,819 shares of the business’s stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of C$121.85, for a total transaction of C$1,562,007.97. Corporate insiders own 0.03% of the company’s stock.
Bank of Montreal Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Thursday, January 30th will be issued a $1.59 dividend. This represents a $6.36 dividend on an annualized basis and a dividend yield of 4.35%. This is an increase 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.
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