Desjardins Has Bullish Forecast for TSE:BMO FY2026 Earnings

Bank of Montreal (TSE:BMO) (NYSE:BMO) – Analysts at Desjardins upped their FY2026 earnings estimates for Bank of Montreal in a report issued on Thursday, December 5th. Desjardins analyst D. Young now forecasts that the bank will post earnings per share of $12.60 for the year, up from their prior estimate of $12.20. Desjardins has a “Hold” rating and a $120.00 price target on the stock. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share.

BMO has been the subject of several other research reports. Bank of America downgraded shares of Bank of Montreal from a “buy” rating to a “neutral” rating and reduced their target price for the stock from C$134.00 to C$117.00 in a research note on Wednesday, August 28th. Cibc World Mkts upgraded shares of Bank of Montreal from a “hold” rating to a “strong-buy” rating in a research note on Friday. National Bankshares lifted their target price on shares of Bank of Montreal from C$127.00 to C$148.00 in a research note on Wednesday, November 20th. Jefferies Financial Group reduced their target price on shares of Bank of Montreal from C$141.00 to C$124.00 and set a “buy” rating for the company in a research note on Monday, August 12th. Finally, Scotiabank upgraded shares of Bank of Montreal from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from C$147.00 to C$160.00 in a research note on Friday. Six analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Bank of Montreal has a consensus rating of “Moderate Buy” and a consensus price target of C$131.33.

Bank of Montreal Stock Up 4.7 %

BMO opened at C$146.32 on Monday. 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 firm has a 50-day moving average price of C$128.88 and a 200-day moving average price of C$121.67. Bank of Montreal has a twelve month low of C$109.02 and a twelve month high of C$147.54.

Insider Buying and Selling at Bank of Montreal

In other Bank of Montreal news, Senior Officer David Robert Casper sold 12,819 shares of Bank of Montreal 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 transaction of C$1,562,007.97. 0.03% of the stock is currently owned by company insiders.

Bank of Montreal Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Thursday, January 30th will be given a $1.59 dividend. This is a positive change 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 4.35%. Bank of Montreal’s dividend payout ratio (DPR) is 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.