FY2025 EPS Estimate for Bank of Montreal Cut by Analyst

Bank of Montreal (TSE:BMO) (NYSE:BMO) – Stock analysts at Cormark cut their FY2025 EPS estimates for Bank of Montreal in a research note issued to investors on Friday, February 21st. Cormark analyst L. Persaud now forecasts that the bank will post earnings of $11.01 per share for the year, down from their prior forecast of $11.05. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share. Cormark also issued estimates for Bank of Montreal’s FY2026 earnings at $12.95 EPS.

BMO has been the subject of several other reports. Scotiabank dropped their target price on Bank of Montreal from C$160.00 to C$159.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. National Bankshares lifted their price objective on shares of Bank of Montreal from C$127.00 to C$148.00 in a report on Wednesday, November 20th. TD Securities upped their target price on shares of Bank of Montreal from C$114.00 to C$131.00 in a research note on Friday, November 15th. 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. Finally, Canaccord Genuity Group boosted their price target on shares of Bank of Montreal from C$143.00 to C$148.00 in a research note on Friday, December 6th. Five analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$139.50.

Bank of Montreal Stock Down 0.4 %

TSE:BMO opened at C$142.35 on Monday. Bank of Montreal has a 52 week low of C$109.02 and a 52 week high of C$147.54. The stock’s fifty day moving average is C$141.62 and its two-hundred day moving average is C$130.40. The stock has a market capitalization of C$103.10 billion, a price-to-earnings ratio of 14.05, a price-to-earnings-growth ratio of 0.71 and a beta of 1.16.

Insider Activity

In other news, Director William Darryl White sold 11,376 shares of the company’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of C$140.79, for a total value of C$1,601,592.91. Company insiders own 0.03% of the company’s stock.

Bank of Montreal Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 26th will be given a dividend of $1.59 per share. This is a boost from Bank of Montreal’s previous quarterly dividend of $1.55. This represents a $6.36 annualized dividend and a dividend yield of 4.47%. The ex-dividend date is Thursday, January 30th. Bank of Montreal’s dividend payout ratio is currently 61.20%.

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.