Bank of Montreal (TSE:BMO – Free Report) (NYSE:BMO) – Equities research analysts at Cormark boosted their FY2026 earnings per share (EPS) estimates for shares of Bank of Montreal in a note issued to investors on Wednesday, February 26th. Cormark analyst L. Persaud now expects that the bank will earn $13.40 per share for the year, up from their previous forecast of $12.95. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share.
Several other research firms have also recently commented on BMO. Jefferies Financial Group upped their price target on Bank of Montreal from C$140.00 to C$155.00 and gave the company a “hold” rating in a report on Wednesday. UBS Group dropped their target price on Bank of Montreal from C$150.00 to C$146.00 in a report on Friday, February 14th. TD Securities increased their target price on Bank of Montreal from C$145.00 to C$152.00 and gave the stock a “hold” rating in a report on Wednesday. National Bankshares increased their target price on Bank of Montreal from C$153.00 to C$161.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Cibc World Mkts raised Bank of Montreal from a “hold” rating to a “strong-buy” rating in a report on Friday, December 6th. Six analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$148.23.
Bank of Montreal Stock Up 0.1 %
Bank of Montreal stock opened at C$149.19 on Thursday. The business has a 50 day moving average price of C$142.00 and a two-hundred day moving average price of C$130.90. The stock has a market cap of C$108.06 billion, a price-to-earnings ratio of 14.73, a price-to-earnings-growth ratio of 0.71 and a beta of 1.16. Bank of Montreal has a 12 month low of C$109.02 and a 12 month high of C$151.08.
Insider Buying and Selling at Bank of Montreal
In other Bank of Montreal news, Director William Darryl White sold 11,376 shares of the stock in a transaction on Friday, December 13th. The stock was 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 Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Tuesday, April 29th will be given a $1.59 dividend. This represents a $6.36 dividend on an annualized basis and a yield of 4.26%. Bank of Montreal’s payout ratio is 61.20%.
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.
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