Bank of Montreal (TSE:BMO - Free Report) NYSE: BMO had its price target upped by Desjardins from C$147.00 to C$155.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. Desjardins currently has a hold rating on the bank's stock. Desjardins also issued estimates for Bank of Montreal's Q2 2025 earnings at $2.45 EPS, Q3 2025 earnings at $2.94 EPS, Q4 2025 earnings at $3.07 EPS, FY2025 earnings at $11.50 EPS and FY2026 earnings at $13.30 EPS.
A number of other brokerages have also recently commented on BMO. Jefferies Financial Group lifted their price objective on shares of Bank of Montreal from C$126.00 to C$140.00 in a research note on Tuesday, February 18th. CIBC lifted their price objective on shares of Bank of Montreal from C$150.00 to C$154.00 in a research note on Tuesday, February 18th. Royal Bank of Canada raised shares of Bank of Montreal from a "sector perform" rating to an "outperform" rating and lifted their price objective for the stock from C$133.00 to C$161.00 in a research note on Wednesday, January 8th. Cibc World Mkts raised shares of Bank of Montreal from a "hold" rating to a "strong-buy" rating in a research note on Friday, December 6th. Finally, Scotiabank dropped their price objective on shares of Bank of Montreal from C$160.00 to C$159.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Six investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$149.31.
Check Out Our Latest Analysis on BMO
Bank of Montreal Stock Performance
BMO remained flat at C$148.76 during trading on Wednesday. 4,409,136 shares of the company traded hands, compared to its average volume of 3,190,507. The company has a market cap of C$107.75 billion, a P/E ratio of 14.68, a PEG ratio of 0.71 and a beta of 1.16. The stock has a 50-day moving average price of C$142.40 and a 200-day moving average price of C$131.42. Bank of Montreal has a 52 week low of C$109.02 and a 52 week high of C$151.08.
Bank of Montreal Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Tuesday, April 29th will be issued a dividend of $1.59 per share. This represents a $6.36 dividend on an annualized basis and a yield of 4.28%. Bank of Montreal's payout ratio is 61.20%.
Insider Activity at Bank of Montreal
In related news, Director William Darryl White sold 11,376 shares of Bank of Montreal stock in a transaction dated Friday, December 13th. The shares were sold at an average price of C$140.79, for a total transaction of C$1,601,592.91. 0.03% of the stock is currently owned by company insiders.
Bank of Montreal Company Profile
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Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, U.S. P&C banking, wealth management, and capital markets.
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