Bank of Montreal (TSE:BMO – Free Report) (NYSE:BMO) – Equities researchers at National Bank Financial reduced their FY2025 earnings per share estimates for Bank of Montreal in a note issued to investors on Sunday, April 6th. National Bank Financial analyst G. Dechaine now anticipates that the bank will earn $11.53 per share for the year, down from their previous forecast of $11.68. 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 $12.27 EPS.
A number of other equities research analysts also recently commented on the stock. Canaccord Genuity Group lifted their price target on shares of Bank of Montreal from C$154.00 to C$165.00 and gave the stock a “buy” rating in a report on Wednesday, February 26th. Royal Bank of Canada set a C$163.00 price target on Bank of Montreal and gave the company an “outperform” rating in a report on Monday, March 17th. TD Securities raised their price objective on Bank of Montreal from C$145.00 to C$152.00 and gave the stock a “hold” rating in a report on Tuesday, March 4th. Desjardins lifted their price objective on Bank of Montreal from C$147.00 to C$155.00 and gave the company a “hold” rating in a research report on Wednesday, February 26th. Finally, CIBC downgraded Bank of Montreal from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from C$152.00 to C$141.00 in a research report on Friday, April 4th. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of C$146.85.
Bank of Montreal Trading Up 3.8 %
Shares of BMO stock opened at C$129.50 on Wednesday. The company has a market capitalization of C$93.80 billion, a price-to-earnings ratio of 12.78, a PEG ratio of 0.71 and a beta of 1.16. The firm has a 50-day moving average price of C$139.78 and a 200 day moving average price of C$136.02. Bank of Montreal has a twelve month low of C$109.02 and a twelve month high of C$151.08.
Insider Activity
In related news, Senior Officer Nadim Hirji sold 3,238 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of C$148.87, for a total transaction of C$482,024.87. Insiders own 0.03% of the company’s stock.
Bank of Montreal Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Tuesday, May 27th will be given a $1.59 dividend. This represents a $6.36 annualized dividend and a dividend yield of 4.91%. The ex-dividend date is Tuesday, April 29th. Bank of Montreal’s payout ratio is currently 61.20%.
About Bank of Montreal
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.
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