Bank of Montreal (TSE:BMO – Free Report) (NYSE:BMO) – Analysts at Cormark issued their FY2026 EPS estimates for Bank of Montreal in a research report issued on Monday, November 25th. Cormark analyst L. Persaud forecasts that the bank will earn $12.68 per share for the year. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share.
Several other equities research analysts also recently commented on the stock. Bank of America downgraded shares of Bank of Montreal from a “buy” rating to a “neutral” rating and dropped their price objective for the company from C$134.00 to C$117.00 in a report on Wednesday, August 28th. CIBC increased their price target on shares of Bank of Montreal from C$120.00 to C$134.00 in a report on Tuesday. Jefferies Financial Group lowered their price target on shares of Bank of Montreal from C$141.00 to C$124.00 and set a “buy” rating on the stock in a report on Monday, August 12th. National Bankshares increased their price target on shares of Bank of Montreal from C$127.00 to C$148.00 in a report on Wednesday, November 20th. Finally, Scotiabank increased their price target on shares of Bank of Montreal from C$112.00 to C$147.00 in a report on Monday. Eight investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of C$128.50.
Bank of Montreal Stock Down 0.6 %
TSE BMO opened at C$132.83 on Tuesday. The company has a market cap of C$96.89 billion, a PE ratio of 15.29, a price-to-earnings-growth ratio of 0.71 and a beta of 1.16. Bank of Montreal has a 52 week low of C$107.16 and a 52 week high of C$134.16. The firm’s 50-day simple moving average is C$126.52 and its two-hundred day simple moving average is C$121.25.
Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) last released its quarterly earnings data on Tuesday, August 27th. The bank reported C$2.64 EPS for the quarter, missing the consensus estimate of C$2.72 by C($0.08). The business had revenue of C$8.19 billion for the quarter, compared to analysts’ expectations of C$8.23 billion. Bank of Montreal had a net margin of 21.20% and a return on equity of 8.49%.
Insider Activity at Bank of Montreal
In other Bank of Montreal news, Senior Officer Steven Lloyd Tennyson sold 7,908 shares of the stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of C$112.16, for a total transaction of C$886,977.10. Also, Senior Officer David Robert Casper sold 12,819 shares of the 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 insiders.
Bank of Montreal Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Tuesday, November 26th were paid a $1.55 dividend. This represents a $6.20 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date was Wednesday, October 30th. Bank of Montreal’s dividend payout ratio is currently 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.
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