BMO FY2025 EPS Estimate Decreased by National Bank Financial

Bank of Montreal (NYSE:BMO) (TSE:BMO) – Equities research analysts at National Bank Financial lowered their FY2025 earnings per share estimates for Bank of Montreal in a research note issued to investors on Thursday, December 5th. National Bank Financial analyst G. Dechaine now anticipates that the bank will earn $7.88 per share for the year, down from their prior forecast of $8.17. The consensus estimate for Bank of Montreal’s current full-year earnings is $7.79 per share. National Bank Financial also issued estimates for Bank of Montreal’s FY2026 earnings at $9.24 EPS.

Several other equities analysts have also recently weighed in on the company. CIBC raised Bank of Montreal from a “neutral” rating to a “sector outperform” rating in a research note on Friday. Jefferies Financial Group downgraded shares of Bank of Montreal from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Barclays cut their target price on shares of Bank of Montreal from $132.00 to $126.00 and set an “overweight” rating for the company in a research report on Wednesday, August 28th. 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 report on Wednesday, August 28th. Finally, Cibc World Mkts upgraded Bank of Montreal from a “hold” rating to a “strong-buy” rating in a report on Friday. Eight research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Bank of Montreal has an average rating of “Hold” and a consensus price target of $122.40.

Bank of Montreal Stock Down 2.5 %

NYSE:BMO opened at $100.81 on Monday. The business’s fifty day moving average price is $93.54 and its 200 day moving average price is $88.41. The firm has a market capitalization of $73.55 billion, a price-to-earnings ratio of 14.44, a PEG ratio of 2.88 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 0.11. Bank of Montreal has a 1-year low of $76.98 and a 1-year high of $104.63.

Bank of Montreal Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Thursday, January 30th will be issued a dividend of $1.1329 per share. The ex-dividend date is Thursday, January 30th. This represents a $4.53 dividend on an annualized basis and a dividend yield of 4.50%. This is an increase from Bank of Montreal’s previous quarterly dividend of $1.12. Bank of Montreal’s dividend payout ratio (DPR) is currently 67.34%.

Institutional Investors Weigh In On Bank of Montreal

A number of large investors have recently bought and sold shares of the business. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Bank of Montreal in the second quarter worth about $34,000. Rothschild Investment LLC bought a new position in shares of Bank of Montreal in the 2nd quarter valued at approximately $40,000. Wilmington Savings Fund Society FSB bought a new position in shares of Bank of Montreal in the 3rd quarter valued at approximately $45,000. GHP Investment Advisors Inc. lifted its holdings in Bank of Montreal by 244.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 554 shares of the bank’s stock worth $50,000 after purchasing an additional 393 shares during the last quarter. Finally, Blue Trust Inc. boosted its position in Bank of Montreal by 207.8% during the third quarter. Blue Trust Inc. now owns 668 shares of the bank’s stock worth $56,000 after purchasing an additional 451 shares during the period. 45.82% of the stock is currently owned by institutional investors.

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.