FY2025 EPS Estimate for Bank of Montreal Lowered by Analyst

Bank of Montreal (TSE:BMO) (NYSE:BMO) – National Bank Financial reduced their FY2025 earnings per share (EPS) estimates for Bank of Montreal in a research note issued on Thursday, December 5th. National Bank Financial analyst G. Dechaine now expects that the bank will earn $11.10 per share for the year, down from their previous estimate of $11.35. 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 $13.01 EPS.

Other analysts also recently issued reports about the stock. Desjardins dropped their price target on shares of Bank of Montreal from C$125.00 to C$120.00 and set a “hold” rating on the stock in a research report on Wednesday, August 28th. Canaccord Genuity Group boosted their target price on Bank of Montreal from C$143.00 to C$148.00 in a report on Friday. CIBC raised Bank of Montreal from a “neutral” rating to an “outperform” rating and increased their price target for the company from C$134.00 to C$150.00 in a research note on Friday. TD Securities lifted their price target on Bank of Montreal from C$114.00 to C$131.00 in a research report on Friday, November 15th. Finally, Royal Bank of Canada cut their price objective on Bank of Montreal from C$118.00 to C$106.00 and set a “sector perform” rating for the company in a report on Wednesday, August 28th. Six equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$131.33.

Bank of Montreal Stock Up 4.7 %

BMO stock opened at C$146.32 on Monday. The company has a 50-day simple moving average of C$128.88 and a 200 day simple moving average of C$121.67. The company has a market capitalization of C$106.73 billion, a P/E ratio of 16.84, a PEG ratio of 0.71 and a beta of 1.16. Bank of Montreal has a fifty-two week low of C$109.02 and a fifty-two week high of C$147.54.

Bank of Montreal Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors 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%.

Insider Buying and Selling

In related news, Senior Officer David Robert Casper sold 12,819 shares of the company’s 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 value of C$1,562,007.97. 0.03% of the stock is currently owned by company insiders.

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.