What is Cormark’s Estimate for TSE:BMO FY2025 Earnings?

Bank of Montreal (TSE:BMO) (NYSE:BMO) – Analysts at Cormark upped their FY2025 earnings estimates for Bank of Montreal in a report released on Wednesday, February 26th. Cormark analyst L. Persaud now anticipates that the bank will post earnings of $11.81 per share for the year, up from their previous forecast of $11.01. 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 FY2025 earnings at $11.81 EPS.

BMO has been the topic of a number of other research reports. UBS Group dropped their target price on Bank of Montreal from C$150.00 to C$146.00 in a research report on Friday, February 14th. Canaccord Genuity Group raised their target price on Bank of Montreal from C$154.00 to C$165.00 and gave the company a “buy” rating in a research report on Wednesday. Jefferies Financial Group increased their price target on shares of Bank of Montreal from C$140.00 to C$155.00 and gave the company a “hold” rating in a research note on Wednesday. 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, CIBC boosted their target price on Bank of Montreal from C$154.00 to C$156.00 and gave the stock an “outperform” rating in a research note on Wednesday. Six 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’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$148.23.

Bank of Montreal Price Performance

Shares of Bank of Montreal stock opened at C$148.76 on Friday. The stock has a market cap of C$107.75 billion, a price-to-earnings ratio of 14.68, a PEG ratio of 0.71 and a beta of 1.16. Bank of Montreal has a 1 year low of C$109.02 and a 1 year high of C$151.08. The firm’s 50-day moving average is C$142.20 and its two-hundred day moving average is C$131.03.

Bank of Montreal Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Tuesday, April 29th will be issued a dividend of $1.59 per share. This represents a $6.36 annualized dividend and a dividend yield of 4.28%. Bank of Montreal’s dividend payout ratio is 61.20%.

Insiders Place Their Bets

In other news, Director William Darryl White sold 11,376 shares of the stock in a transaction that occurred 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. Corporate insiders own 0.03% of the company’s stock.

Bank of Montreal Company Profile

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.