Bank of Montreal (TSE:BMO - Free Report) NYSE: BMO - Stock analysts at Cormark issued their FY2026 earnings per share (EPS) estimates for shares of Bank of Montreal in a note issued to investors on Monday, November 25th. Cormark analyst L. Persaud anticipates that the bank will post earnings per share of $12.68 for the year. The consensus estimate for Bank of Montreal's current full-year earnings is $9.65 per share.
Bank of Montreal (TSE:BMO - Get Free Report) NYSE: BMO last released its earnings results on Tuesday, August 27th. The bank reported C$2.64 EPS for the quarter, missing the consensus estimate of C$2.72 by C($0.08). Bank of Montreal had a return on equity of 8.49% and a net margin of 21.20%. The business had revenue of C$8.19 billion for the quarter, compared to analyst estimates of C$8.23 billion.
Several other research analysts have also issued reports on the stock. Jefferies Financial Group cut their target price on shares of Bank of Montreal from C$141.00 to C$124.00 and set a "buy" rating on the stock in a research note on Monday, August 12th. Canaccord Genuity Group increased their price objective on shares of Bank of Montreal from C$125.00 to C$143.00 in a research report on Tuesday, November 19th. Bank of America downgraded Bank of Montreal from a "buy" rating to a "neutral" rating and reduced their target price for the company from C$134.00 to C$117.00 in a research note on Wednesday, August 28th. TD Securities upped their price target on Bank of Montreal from C$114.00 to C$131.00 in a research note on Friday, November 15th. Finally, Royal Bank of Canada reduced their price objective on 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. Eight investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of C$128.50.
View Our Latest Report on Bank of Montreal
Bank of Montreal Stock Performance
Shares of Bank of Montreal stock traded down C$0.81 on Tuesday, reaching C$132.83. 3,000,754 shares of the company's stock were exchanged, compared to its average volume of 2,919,662. The company has a market capitalization of C$96.89 billion, a P/E ratio of 15.29, a price-to-earnings-growth ratio of 0.71 and a beta of 1.16. Bank of Montreal has a 52 week low of C$107.16 and a 52 week high of C$134.16. The firm's 50-day moving average is C$126.52 and its two-hundred day moving average is C$121.25.
Insider Transactions at Bank of Montreal
In related news, Senior Officer David Robert Casper sold 12,819 shares of Bank of Montreal stock in a transaction on 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. Also, Senior Officer Steven Lloyd Tennyson sold 7,908 shares of the company's stock in a transaction on Thursday, September 5th. The shares were sold at an average price of C$112.16, for a total value of C$886,977.10. Company insiders own 0.03% of the company's stock.
Bank of Montreal Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Tuesday, November 26th will be issued a dividend of $1.55 per share. This represents a $6.20 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date is Wednesday, October 30th. Bank of Montreal's dividend payout ratio is 71.35%.
About Bank of Montreal
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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.
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