Cormark Has Negative Estimate for TSE:BMO FY2025 Earnings

Bank of Montreal (TSE:BMO) (NYSE:BMO) – Research analysts at Cormark dropped their FY2025 earnings per share (EPS) estimates for shares of Bank of Montreal in a research note issued to investors on Friday, February 21st. Cormark analyst L. Persaud now expects that the bank will post earnings per share of $11.01 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.

A number of other equities analysts also recently weighed in on the stock. Cibc World Mkts raised shares of Bank of Montreal from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 6th. National Bankshares boosted their price objective on shares of Bank of Montreal from C$127.00 to C$148.00 in a research report on Wednesday, November 20th. Canaccord Genuity Group upped their price objective on Bank of Montreal from C$143.00 to C$148.00 in a report on Friday, December 6th. Royal Bank of Canada raised Bank of Montreal from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from C$133.00 to C$161.00 in a research note on Wednesday, January 8th. Finally, CIBC upped their price target on Bank of Montreal from C$150.00 to C$154.00 in a research note on Tuesday, February 18th. Five research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$139.50.

Bank of Montreal Stock Up 4.7 %

Shares of TSE BMO opened at C$149.09 on Monday. Bank of Montreal has a 12-month low of C$109.02 and a 12-month high of C$151.08. The firm’s 50-day simple moving average is C$141.79 and its 200 day simple moving average is C$130.64. The company has a market cap of C$107.99 billion, a price-to-earnings ratio of 14.72, a price-to-earnings-growth ratio of 0.71 and a beta of 1.16.

Bank of Montreal Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Tuesday, April 29th will be paid a $1.59 dividend. This represents a $6.36 annualized dividend and a yield of 4.27%. Bank of Montreal’s payout ratio is 61.20%.

Insider Buying and Selling at Bank of Montreal

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

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.