Desjardins Reduces Earnings Estimates for Bank of Montreal

Bank of Montreal (NYSE:BMO) (TSE:BMO) – Research analysts at Desjardins dropped their FY2025 earnings per share estimates for shares of Bank of Montreal in a research report issued on Thursday, December 5th. Desjardins analyst D. Young now anticipates that the bank will post earnings per share of $7.74 for the year, down from their prior estimate of $7.78. The consensus estimate for Bank of Montreal’s current full-year earnings is $7.97 per share. Desjardins also issued estimates for Bank of Montreal’s FY2026 earnings at $8.95 EPS.

Several other research analysts have also recently weighed in on BMO. Bank of America cut shares of Bank of Montreal from a “buy” rating to a “neutral” rating and lowered their price target for the company from $134.00 to $117.00 in a research report on Wednesday, August 28th. CIBC upgraded shares of Bank of Montreal from a “neutral” rating to a “sector outperform” rating in a report on Friday. Cibc World Mkts upgraded shares of Bank of Montreal from a “hold” rating to a “strong-buy” rating in a report on Friday. Barclays decreased their price objective on Bank of Montreal from $132.00 to $126.00 and set an “overweight” rating on the stock in a report on Wednesday, August 28th. Finally, StockNews.com cut Bank of Montreal from a “hold” rating to a “sell” rating in a research note on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $122.40.

Bank of Montreal Stock Performance

BMO opened at $103.39 on Monday. The firm has a market capitalization of $75.43 billion, a PE ratio of 14.81, a PEG ratio of 2.59 and a beta of 1.10. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.13. Bank of Montreal has a twelve month low of $76.98 and a twelve month high of $104.63. The firm’s 50-day moving average price is $93.33 and its 200 day moving average price is $88.36.

Bank of Montreal Increases Dividend

The company 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 $1.1329 dividend. This is a boost from Bank of Montreal’s previous quarterly dividend of $1.12. The ex-dividend date of this dividend is Thursday, January 30th. This represents a $4.53 annualized dividend and a yield of 4.38%. Bank of Montreal’s dividend payout ratio (DPR) is 65.62%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BMO. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Bank of Montreal during the 2nd quarter worth $34,000. Rothschild Investment LLC purchased a new stake in Bank of Montreal during the 2nd quarter worth about $40,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Bank of Montreal during the 3rd quarter worth about $45,000. GHP Investment Advisors Inc. increased its holdings in shares of Bank of Montreal by 244.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 554 shares of the bank’s stock valued at $50,000 after acquiring an additional 393 shares during the last quarter. Finally, Blue Trust Inc. raised its position in shares of Bank of Montreal by 207.8% during the 3rd quarter. Blue Trust Inc. now owns 668 shares of the bank’s stock worth $56,000 after acquiring an additional 451 shares in the last quarter. Institutional investors and hedge funds own 45.82% of the company’s stock.

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.