Bank of Montreal (TSE:BMO – Free Report) (NYSE:BMO) – Equities researchers at National Bank Financial reduced their FY2025 earnings estimates for shares of Bank of Montreal in a research note issued on Thursday, December 5th. National Bank Financial analyst G. Dechaine now expects that the bank will post earnings of $11.10 per share for the year, down from their previous 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.
A number of other equities research analysts have also recently commented on BMO. Desjardins reduced 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 report on Wednesday, August 28th. National Bankshares increased their target price on shares of Bank of Montreal from C$127.00 to C$148.00 in a research report on Wednesday, November 20th. TD Securities increased their target price on shares of Bank of Montreal from C$114.00 to C$131.00 in a research report on Friday, November 15th. Cormark reduced their target price on shares of Bank of Montreal from C$129.00 to C$118.00 in a research report on Wednesday, August 28th. Finally, Cibc World Mkts upgraded shares of Bank of Montreal from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 6th. Six investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$131.33.
Bank of Montreal Stock Down 0.0 %
BMO opened at C$142.87 on Monday. The company has a market cap of C$104.21 billion, a price-to-earnings ratio of 16.44, a PEG ratio of 0.71 and a beta of 1.16. Bank of Montreal has a 52-week low of C$109.02 and a 52-week high of C$147.54. The firm’s fifty day simple moving average is C$129.31 and its two-hundred day simple moving average is C$121.76.
Bank of Montreal Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Thursday, January 30th will be paid a dividend of $1.59 per share. This represents a $6.36 annualized dividend and a yield of 4.45%. This is a positive change from Bank of Montreal’s previous quarterly dividend of $1.55. Bank of Montreal’s dividend payout ratio (DPR) is 71.35%.
Insiders Place Their Bets
In other news, Senior Officer David Robert Casper sold 12,819 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of C$121.85, for a total value of C$1,562,007.97. 0.03% of the stock is currently owned by insiders.
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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