Cormark Has Optimistic Outlook of TSE:BMO FY2026 Earnings

Bank of Montreal (TSE:BMO - Free Report) NYSE: BMO - Stock analysts at Cormark raised their FY2026 earnings estimates for shares of Bank of Montreal in a research note issued on Wednesday, February 26th. Cormark analyst L. Persaud now expects that the bank will earn $13.40 per share for the year, up from their prior estimate of $12.95. The consensus estimate for Bank of Montreal's current full-year earnings is $9.65 per share.

Other research analysts have also recently issued reports about the stock. UBS Group lifted their price target on shares of Bank of Montreal from C$146.00 to C$160.00 in a research report on Friday. Cibc World Mkts raised shares of Bank of Montreal from a "hold" rating to a "strong-buy" rating in a research report on Friday, December 6th. National Bankshares raised their price objective on Bank of Montreal from C$153.00 to C$161.00 and gave the company an "outperform" rating in a research report on Wednesday, February 26th. TD Securities upped their target price on Bank of Montreal from C$145.00 to C$152.00 and gave the stock a "hold" rating in a research report on Wednesday, February 26th. Finally, Canaccord Genuity Group increased their target price on Bank of Montreal from C$154.00 to C$165.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th. 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 MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$149.31.

Bank of Montreal Stock Performance

Bank of Montreal stock traded down C$1.29 during trading on Thursday, hitting C$147.47. The company's stock had a trading volume of 1,849,129 shares, compared to its average volume of 3,158,569. Bank of Montreal has a 1-year low of C$109.02 and a 1-year high of C$151.08. The stock's fifty day moving average is C$142.40 and its 200 day moving average is C$131.42. The stock has a market capitalization of C$106.81 billion, a price-to-earnings ratio of 14.56, a P/E/G ratio of 0.71 and a beta of 1.16.

Bank of Montreal Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Tuesday, April 29th will be given a $1.59 dividend. This represents a $6.36 annualized dividend and a dividend yield of 4.31%. Bank of Montreal's dividend payout ratio (DPR) is currently 61.20%.

Insider Activity

In related 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 value of C$482,024.87. Also, Director William Darryl White sold 11,376 shares of the firm's stock in a transaction that occurred on 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 owned by company insiders.

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.