FY2025 EPS Forecast for Bank of Montreal Lowered by Analyst

Bank of Montreal (TSE:BMO - Free Report) NYSE: BMO - Equities researchers at National Bank Financial lowered their FY2025 earnings estimates for shares of Bank of Montreal in a report issued on Thursday, December 5th. National Bank Financial analyst G. Dechaine now forecasts that the bank will post earnings per share of $11.10 for the year, down from their previous forecast of $11.35. 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 $13.01 EPS.

Other equities analysts have also recently issued reports about the company. Jefferies Financial Group lowered their price target on Bank of Montreal from C$141.00 to C$124.00 and set a "buy" rating on the stock in a research report on Monday, August 12th. Cormark lowered their target price on Bank of Montreal from C$129.00 to C$118.00 in a report on Wednesday, August 28th. TD Securities upped their price target on shares of Bank of Montreal from C$114.00 to C$131.00 in a report on Friday, November 15th. National Bankshares lifted their price objective on shares of Bank of Montreal from C$127.00 to C$148.00 in a research note on Wednesday, November 20th. Finally, Royal Bank of Canada cut their target price on shares of Bank of Montreal from C$118.00 to C$106.00 and set a "sector perform" rating for the company in a research note on Wednesday, August 28th. Six research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of C$131.33.

Bank of Montreal Price Performance

Shares of TSE BMO traded down C$3.19 during midday trading on Monday, reaching C$143.13. 1,259,906 shares of the company traded hands, compared to its average volume of 2,916,504. The company has a market cap of C$104.40 billion, a price-to-earnings ratio of 16.84, a PEG ratio of 0.71 and a beta of 1.16. The stock has a 50-day moving average price of C$128.88 and a 200 day moving average price of C$121.67. Bank of Montreal has a 52 week low of C$109.02 and a 52 week high of C$147.54.

Insider Buying and Selling

In other news, Senior Officer David Robert Casper sold 12,819 shares of the firm's stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of C$121.85, for a total transaction of C$1,562,007.97. 0.03% of the stock is currently owned by corporate insiders.

Bank of Montreal Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Thursday, January 30th will be issued a $1.59 dividend. This is an increase from Bank of Montreal's previous quarterly dividend of $1.55. This represents a $6.36 dividend on an annualized basis and a dividend yield of 4.44%. Bank of Montreal's dividend payout ratio is currently 71.35%.

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.