Cormark Has Bearish Estimate for TSE:BMO FY2025 Earnings

Bank of Montreal (TSE:BMO) (NYSE:BMO) – Analysts at Cormark reduced their FY2025 EPS estimates for Bank of Montreal in a note issued to investors on Friday, February 21st. Cormark analyst L. Persaud now anticipates that the bank will post earnings of $11.01 per share for the year, down from their previous estimate of $11.05. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share. Cormark also issued estimates for Bank of Montreal’s FY2026 earnings at $12.95 EPS.

Other equities research analysts also recently issued reports about the stock. Jefferies Financial Group lifted their price objective on shares of Bank of Montreal from C$126.00 to C$140.00 in a research note on Tuesday, February 18th. Cibc World Mkts raised shares of Bank of Montreal from a “hold” rating to a “strong-buy” rating in a report on Friday, December 6th. Royal Bank of Canada raised shares of Bank of Montreal from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from C$133.00 to C$161.00 in a report on Wednesday, January 8th. UBS Group reduced their target price on shares of Bank of Montreal from C$150.00 to C$146.00 in a report on Friday, February 14th. Finally, CIBC raised their target price on shares of Bank of Montreal from C$150.00 to C$154.00 in a report on Tuesday, February 18th. Five analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$139.50.

Bank of Montreal Trading Down 0.0 %

TSE:BMO opened at C$142.96 on Monday. Bank of Montreal has a 12 month low of C$109.02 and a 12 month high of C$147.54. The firm has a fifty day simple moving average of C$141.58 and a 200-day simple moving average of C$130.22. The company has a market capitalization of C$103.55 billion, a P/E ratio of 14.11, a PEG ratio of 0.71 and a beta of 1.16.

Insider Activity

In other news, Director William Darryl White sold 11,376 shares of the firm’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of C$140.79, for a total value of C$1,601,592.91. Company insiders own 0.03% of the company’s stock.

Bank of Montreal Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 26th will be given a $1.59 dividend. The ex-dividend date of this dividend is Thursday, January 30th. This is an increase from Bank of Montreal’s previous quarterly dividend of $1.55. This represents a $6.36 dividend on an annualized basis and a dividend yield of 4.45%. Bank of Montreal’s dividend payout ratio is currently 61.20%.

Bank of Montreal Company Profile

Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, U.S. P&C banking, wealth management, and capital markets.