BMO FY2025 EPS Forecast Lowered by National Bank Financial

Bank of Montreal (NYSE:BMO) (TSE:BMO) – Equities researchers at National Bank Financial reduced their FY2025 EPS estimates for shares of Bank of Montreal in a research note issued on Thursday, December 5th. National Bank Financial analyst G. Dechaine now forecasts that the bank will post earnings of $7.88 per share for the year, down from their previous forecast of $8.17. The consensus estimate for Bank of Montreal’s current full-year earnings is $7.79 per share. National Bank Financial also issued estimates for Bank of Montreal’s FY2026 earnings at $9.24 EPS.

BMO has been the subject of several other research reports. Royal Bank of Canada restated a “sector perform” rating and issued a $133.00 target price (up previously from $106.00) on shares of Bank of Montreal in a report on Friday, December 6th. Jefferies Financial Group cut shares of Bank of Montreal from a “buy” rating to a “hold” rating in a report on Tuesday, August 27th. StockNews.com upgraded shares of Bank of Montreal from a “sell” rating to a “hold” rating in a report on Monday. CIBC upgraded shares of Bank of Montreal from a “neutral” rating to a “sector outperform” rating in a report on Friday, December 6th. Finally, Barclays lowered their target price on shares of Bank of Montreal from $132.00 to $126.00 and set an “overweight” rating for the company in a report on Wednesday, August 28th. Eight research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $122.40.

Bank of Montreal Trading Up 0.0 %

NYSE BMO opened at $100.81 on Monday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.11. Bank of Montreal has a 52 week low of $76.98 and a 52 week high of $104.63. The stock has a market capitalization of $73.55 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 2.88 and a beta of 1.10. The firm has a 50 day moving average of $93.54 and a two-hundred day moving average of $88.41.

Hedge Funds Weigh In On Bank of Montreal

A number of large investors have recently bought and sold shares of BMO. Strategic Investment Solutions Inc. IL purchased a new position in Bank of Montreal during the 2nd quarter worth $34,000. Rothschild Investment LLC purchased a new position in Bank of Montreal during the 2nd quarter worth $40,000. Wilmington Savings Fund Society FSB purchased a new position in Bank of Montreal during the 3rd quarter worth $45,000. GHP Investment Advisors Inc. raised its position in Bank of Montreal by 244.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 554 shares of the bank’s stock worth $50,000 after buying an additional 393 shares during the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of Bank of Montreal by 207.8% in the 3rd quarter. Blue Trust Inc. now owns 668 shares of the bank’s stock valued at $56,000 after purchasing an additional 451 shares in the last quarter. Hedge funds and other institutional investors own 45.82% of the company’s stock.

Bank of Montreal Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Thursday, January 30th will be given a dividend of $1.1329 per share. The ex-dividend date is Thursday, January 30th. This represents a $4.53 dividend on an annualized basis and a yield of 4.50%. This is an increase from Bank of Montreal’s previous quarterly dividend of $1.12. Bank of Montreal’s dividend payout ratio is presently 67.34%.

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.