Cormark Has Optimistic Outlook of TSE:BMO FY2026 Earnings

Bank of Montreal (TSE:BMO) (NYSE:BMO) – Research analysts at Cormark increased their FY2026 earnings per share estimates for shares of Bank of Montreal in a report issued on Friday, December 6th. Cormark analyst L. Persaud now forecasts that the bank will earn $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.

A number of other equities analysts have also recently weighed in on the stock. Scotiabank raised shares of Bank of Montreal from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from C$147.00 to C$160.00 in a research report on Friday, December 6th. National Bankshares lifted their target price on Bank of Montreal from C$127.00 to C$148.00 in a report on Wednesday, November 20th. Bank of America downgraded Bank of Montreal from a “buy” rating to a “neutral” rating and lowered their price target for the stock from C$134.00 to C$117.00 in a report on Wednesday, August 28th. Canaccord Genuity Group lifted their price objective on Bank of Montreal from C$143.00 to C$148.00 in a report on Friday, December 6th. Finally, Cibc World Mkts raised Bank of Montreal from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 6th. Six research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$131.33.

Bank of Montreal Stock Performance

Shares of TSE BMO opened at C$142.87 on Monday. Bank of Montreal has a 52-week low of C$109.02 and a 52-week high of C$147.54. The stock has a market cap of C$104.21 billion, a P/E ratio of 16.44, a P/E/G ratio of 0.71 and a beta of 1.16. The firm has a 50 day moving average price of C$129.31 and a 200 day moving average price of C$121.76.

Insider Activity at Bank of Montreal

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

Bank of Montreal Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Thursday, January 30th will be issued a dividend of $1.59 per share. This is a boost from Bank of Montreal’s previous quarterly dividend of $1.55. This represents a $6.36 annualized dividend and a yield of 4.45%. Bank of Montreal’s dividend payout ratio is presently 71.35%.

About Bank of Montreal

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.