Research Analysts Offer Predictions for BMO FY2025 Earnings

Bank of Montreal (NYSE:BMO - Free Report) TSE: BMO - Investment analysts at National Bank Financial cut their FY2025 earnings estimates for shares of Bank of Montreal in a research report issued on Thursday, December 5th. National Bank Financial analyst G. Dechaine now forecasts that the bank will post earnings per share of $7.88 for the year, down from their previous forecast of $8.17. The consensus estimate for Bank of Montreal's current full-year earnings is $7.79 per share. National Bank Financial also issued estimates for Bank of Montreal's FY2026 earnings at $9.24 EPS.

BMO has been the topic of a number of other research reports. TD Securities downgraded shares of Bank of Montreal from a "buy" rating to a "hold" rating in a research note on Tuesday, August 27th. Barclays lowered their target price on shares of Bank of Montreal from $132.00 to $126.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 28th. Jefferies Financial Group cut shares of Bank of Montreal from a "buy" rating to a "hold" rating in a research note on Tuesday, August 27th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $133.00 price objective (up from $106.00) on shares of Bank of Montreal in a research note on Friday. Finally, StockNews.com downgraded Bank of Montreal from a "hold" rating to a "sell" rating in a research report on Thursday, August 29th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $122.40.

Bank of Montreal Stock Performance

Shares of NYSE:BMO traded down $2.59 during trading on Monday, hitting $100.80. 785,097 shares of the stock were exchanged, compared to its average volume of 896,554. The company has a market capitalization of $73.54 billion, a price-to-earnings ratio of 14.81, a price-to-earnings-growth ratio of 2.88 and a beta of 1.10. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.98 and a current ratio of 0.98. Bank of Montreal has a 1-year low of $76.98 and a 1-year high of $104.63. The company's fifty day simple moving average is $93.33 and its 200-day simple moving average is $88.36.

Institutional Investors Weigh In On Bank of Montreal

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. National Bank of Canada FI grew its position in shares of Bank of Montreal by 4.9% during the 2nd quarter. National Bank of Canada FI now owns 14,761,836 shares of the bank's stock worth $1,231,564,000 after buying an additional 692,049 shares during the period. Toronto Dominion Bank boosted its stake in Bank of Montreal by 14.9% during the 3rd quarter. Toronto Dominion Bank now owns 11,812,353 shares of the bank's stock worth $1,065,474,000 after acquiring an additional 1,534,508 shares during the last quarter. 1832 Asset Management L.P. grew its holdings in Bank of Montreal by 6.8% during the second quarter. 1832 Asset Management L.P. now owns 7,312,320 shares of the bank's stock valued at $613,138,000 after purchasing an additional 463,924 shares during the period. JARISLOWSKY FRASER Ltd increased its stake in Bank of Montreal by 36.9% in the second quarter. JARISLOWSKY FRASER Ltd now owns 5,239,662 shares of the bank's stock valued at $439,705,000 after purchasing an additional 1,412,532 shares in the last quarter. Finally, FMR LLC raised its holdings in Bank of Montreal by 14.2% in the third quarter. FMR LLC now owns 5,046,721 shares of the bank's stock worth $455,397,000 after purchasing an additional 625,797 shares during the period. Institutional investors own 45.82% of the company's stock.

Bank of Montreal Increases Dividend

The business 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 is a positive change from Bank of Montreal's previous quarterly dividend of $1.12. This represents a $4.53 annualized dividend and a dividend yield of 4.50%. The ex-dividend date of this dividend is Thursday, January 30th. Bank of Montreal's dividend payout ratio (DPR) is currently 65.62%.

About Bank of Montreal

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.