BMO FY2025 EPS Estimate Decreased by National Bank Financial

Bank of Montreal (NYSE:BMO) (TSE:BMO) – Investment analysts at National Bank Financial reduced their FY2025 earnings per share (EPS) estimates for Bank of Montreal in a note issued to investors on Thursday, December 5th. National Bank Financial analyst G. Dechaine now forecasts that the bank will earn $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 $7.97 per share. National Bank Financial also issued estimates for Bank of Montreal’s FY2026 earnings at $9.24 EPS.

Several other analysts also recently commented on BMO. 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. CIBC raised shares of Bank of Montreal from a “neutral” rating to a “sector outperform” rating in a research report on Friday. TD Securities lowered Bank of Montreal from a “buy” rating to a “hold” rating in a report on Tuesday, August 27th. Royal Bank of Canada reiterated a “sector perform” rating and set a $133.00 price target (up from $106.00) on shares of Bank of Montreal in a report on Friday. Finally, StockNews.com downgraded Bank of Montreal from a “hold” rating to a “sell” rating in a research note on Thursday, August 29th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $122.40.

Bank of Montreal Price Performance

Shares of NYSE:BMO opened at $103.39 on Monday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.13. The stock has a market cap of $75.43 billion, a PE ratio of 14.81, a price-to-earnings-growth ratio of 2.59 and a beta of 1.10. The stock’s fifty day simple moving average is $93.33 and its two-hundred day simple moving average is $88.36. Bank of Montreal has a 1-year low of $76.98 and a 1-year high of $104.63.

Bank of Montreal Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Thursday, January 30th will be given a dividend of $1.1329 per share. This represents a $4.53 dividend on an annualized basis and a dividend yield of 4.38%. The ex-dividend date is Thursday, January 30th. This is a boost from Bank of Montreal’s previous quarterly dividend of $1.12. Bank of Montreal’s dividend payout ratio is currently 65.62%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Cetera Investment Advisers lifted its holdings in Bank of Montreal by 454.8% during the first quarter. Cetera Investment Advisers now owns 17,171 shares of the bank’s stock valued at $1,677,000 after purchasing an additional 14,076 shares during the last quarter. Cetera Advisors LLC boosted its holdings in Bank of Montreal by 171.3% in the 1st quarter. Cetera Advisors LLC now owns 6,261 shares of the bank’s stock worth $612,000 after buying an additional 3,953 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in Bank of Montreal by 4.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,580 shares of the bank’s stock worth $300,000 after buying an additional 151 shares during the period. Cigna Investments Inc. New grew its stake in Bank of Montreal by 2.8% in the 2nd quarter. Cigna Investments Inc. New now owns 13,769 shares of the bank’s stock valued at $1,156,000 after buying an additional 373 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in Bank of Montreal by 1.2% during the 2nd quarter. Assenagon Asset Management S.A. now owns 20,965 shares of the bank’s stock valued at $1,759,000 after acquiring an additional 257 shares during the period. 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.