Q1 EPS Estimate for Bank of Montreal Reduced by Analyst

Bank of Montreal (NYSE:BMO - Free Report) TSE: BMO - Research analysts at National Bank Financial decreased their Q1 2025 earnings per share estimates for shares of Bank of Montreal in a research note issued on Monday, February 17th. National Bank Financial analyst G. Dechaine now forecasts that the bank will earn $1.56 per share for the quarter, down from their previous estimate of $1.58. The consensus estimate for Bank of Montreal's current full-year earnings is $7.71 per share. National Bank Financial also issued estimates for Bank of Montreal's Q2 2025 earnings at $1.90 EPS, Q3 2025 earnings at $2.19 EPS, Q4 2025 earnings at $2.13 EPS and FY2025 earnings at $7.77 EPS.

Several other research analysts have also weighed in on the stock. Royal Bank of Canada upgraded shares of Bank of Montreal from a "sector perform" rating to an "outperform" rating and boosted their price objective for the stock from $133.00 to $161.00 in a research note on Wednesday, January 8th. Scotiabank raised Bank of Montreal from a "sector perform" rating to a "sector outperform" rating in a research report on Friday, December 6th. CIBC raised Bank of Montreal from a "neutral" rating to a "sector outperform" rating in a research report on Friday, December 6th. StockNews.com upgraded shares of Bank of Montreal from a "sell" rating to a "hold" rating in a report on Tuesday, February 11th. Finally, Cibc World Mkts upgraded shares of Bank of Montreal from a "hold" rating to a "strong-buy" rating in a report on Friday, December 6th. Seven analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Bank of Montreal has a consensus rating of "Moderate Buy" and a consensus target price of $128.00.

Bank of Montreal Stock Down 0.4 %

Shares of NYSE BMO traded down $0.43 during trading hours on Wednesday, hitting $100.56. The company had a trading volume of 140,853 shares, compared to its average volume of 572,772. The stock has a market capitalization of $73.29 billion, a P/E ratio of 14.40, a price-to-earnings-growth ratio of 1.44 and a beta of 1.09. The firm's 50 day moving average is $98.59 and its 200-day moving average is $93.01. Bank of Montreal has a 1-year low of $76.98 and a 1-year high of $104.63. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.11.

Bank of Montreal Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Thursday, January 30th will be given a $1.1329 dividend. This represents a $4.53 dividend on an annualized basis and a dividend yield of 4.51%. This is an increase from Bank of Montreal's previous quarterly dividend of $1.12. The ex-dividend date is Thursday, January 30th. Bank of Montreal's payout ratio is presently 63.32%.

Institutional Trading of Bank of Montreal

Large investors have recently modified their holdings of the stock. IFP Advisors Inc grew its holdings in shares of Bank of Montreal by 179.5% during the 4th quarter. IFP Advisors Inc now owns 313 shares of the bank's stock worth $30,000 after purchasing an additional 201 shares in the last quarter. Addison Advisors LLC raised its position in shares of Bank of Montreal by 282.8% in the 4th quarter. Addison Advisors LLC now owns 333 shares of the bank's stock valued at $32,000 after buying an additional 246 shares in the last quarter. Vision Financial Markets LLC acquired a new position in shares of Bank of Montreal in the 4th quarter valued at approximately $39,000. Dunhill Financial LLC acquired a new position in shares of Bank of Montreal in the 4th quarter valued at approximately $39,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Bank of Montreal in the 3rd quarter valued at approximately $45,000. 45.82% of the stock is owned by institutional investors and hedge funds.

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.