Bank of Montreal (NYSE:BMO – Free Report) (TSE:BMO) – Analysts at Desjardins cut their Q2 2025 earnings estimates for shares of Bank of Montreal in a research report issued on Tuesday, February 25th. Desjardins analyst D. Young now expects that the bank will earn $1.72 per share for the quarter, down from their previous estimate of $1.79. The consensus estimate for Bank of Montreal’s current full-year earnings is $7.71 per share. Desjardins also issued estimates for Bank of Montreal’s Q3 2025 earnings at $2.06 EPS, Q4 2025 earnings at $2.15 EPS and FY2026 earnings at $9.31 EPS.
A number of other brokerages also recently issued reports on BMO. Scotiabank raised shares of Bank of Montreal from a “sector perform” rating to a “sector outperform” rating in a report on Friday, December 6th. Royal Bank of Canada raised their price target on shares of Bank of Montreal from $161.00 to $163.00 and gave the company an “outperform” rating in a report on Wednesday. CIBC raised shares of Bank of Montreal from a “neutral” rating to a “sector outperform” rating in a report on Friday, December 6th. Cibc World Mkts raised shares of Bank of Montreal from a “hold” rating to a “strong-buy” rating in a report on Friday, December 6th. Finally, StockNews.com downgraded shares of Bank of Montreal from a “hold” rating to a “sell” rating in a report on Thursday, February 20th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $128.40.
Bank of Montreal Stock Performance
Shares of NYSE BMO opened at $104.05 on Thursday. The firm’s 50-day moving average price is $98.96 and its 200-day moving average price is $93.76. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.11. The company has a market cap of $75.84 billion, a PE ratio of 14.91, a PEG ratio of 1.43 and a beta of 1.09. Bank of Montreal has a 52-week low of $76.98 and a 52-week high of $106.00.
Bank of Montreal (NYSE:BMO – Get Free Report) (TSE:BMO) last announced its quarterly earnings data on Tuesday, February 25th. The bank reported $3.04 EPS for the quarter, beating the consensus estimate of $1.68 by $1.36. Bank of Montreal had a net margin of 9.22% and a return on equity of 10.18%. The company had revenue of $9.27 billion for the quarter, compared to the consensus estimate of $8.58 billion. During the same period in the prior year, the firm posted $2.56 EPS. Bank of Montreal’s revenue for the quarter was up 20.8% on a year-over-year basis.
Bank of Montreal Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Tuesday, April 29th will be issued a $1.1094 dividend. This represents a $4.44 dividend on an annualized basis and a dividend yield of 4.26%. The ex-dividend date is Tuesday, April 29th. Bank of Montreal’s payout ratio is 63.18%.
Hedge Funds Weigh In On Bank of Montreal
Institutional investors and hedge funds have recently made changes to their positions in the business. IFP Advisors Inc raised its stake in Bank of Montreal by 179.5% during the 4th quarter. IFP Advisors Inc now owns 313 shares of the bank’s stock worth $30,000 after acquiring an additional 201 shares during the period. Addison Advisors LLC raised its stake in Bank of Montreal by 282.8% during the 4th quarter. Addison Advisors LLC now owns 333 shares of the bank’s stock worth $32,000 after acquiring an additional 246 shares during the period. Vision Financial Markets LLC bought a new stake in Bank of Montreal during the 4th quarter worth approximately $39,000. Dunhill Financial LLC bought a new stake in Bank of Montreal during the 4th quarter worth approximately $39,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in Bank of Montreal during the 3rd quarter worth approximately $45,000. Hedge funds and other institutional investors own 45.82% of the company’s stock.
Bank of Montreal Company Profile
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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