National Bank Financial Forecasts TSE:BMO FY2025 Earnings

Bank of Montreal (TSE:BMO - Free Report) NYSE: BMO - National Bank Financial cut their FY2025 earnings per share (EPS) estimates for Bank of Montreal in a research note issued to investors on Sunday, April 6th. National Bank Financial analyst G. Dechaine now expects that the bank will earn $11.53 per share for the year, down from their prior estimate of $11.68. 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 $12.27 EPS.

Several other equities research analysts have also commented on the company. Jefferies Financial Group upped their price objective on Bank of Montreal from C$140.00 to C$155.00 and gave the stock a "hold" rating in a research note on Wednesday, February 26th. Royal Bank of Canada set a C$163.00 price target on Bank of Montreal and gave the stock an "outperform" rating in a research report on Monday, March 17th. Desjardins lifted their price objective on Bank of Montreal from C$147.00 to C$155.00 and gave the company a "hold" rating in a research report on Wednesday, February 26th. Cibc World Mkts downgraded Bank of Montreal from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Finally, CIBC cut shares of Bank of Montreal from an "outperform" rating to a "neutral" rating and decreased their target price for the stock from C$152.00 to C$141.00 in a research note on Friday, April 4th. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of C$146.85.

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Bank of Montreal Trading Up 0.8 %

BMO stock traded up C$0.96 during midday trading on Wednesday, reaching C$127.50. 413,948 shares of the company's stock traded hands, compared to its average volume of 3,175,770. Bank of Montreal has a 52-week low of C$109.02 and a 52-week high of C$151.08. The stock has a market cap of C$92.35 billion, a P/E ratio of 12.59, a PEG ratio of 0.71 and a beta of 1.16. The stock's 50-day moving average is C$139.17 and its 200 day moving average is C$136.08.

Bank of Montreal Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Tuesday, May 27th will be issued a dividend of $1.59 per share. The ex-dividend date is Tuesday, April 29th. This represents a $6.36 annualized dividend and a dividend yield of 4.99%. Bank of Montreal's dividend payout ratio (DPR) is 61.20%.

Insider Activity

In other Bank of Montreal news, Senior Officer Nadim Hirji sold 3,238 shares of the business's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of C$148.87, for a total transaction of C$482,024.87. Corporate insiders own 0.03% of the company's stock.

About Bank of Montreal

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.