FY2026 EPS Estimate for Bank of Montreal Lifted by Analyst

Bank of Montreal (TSE:BMO) (NYSE:BMO) – Investment analysts at Desjardins increased their FY2026 earnings per share estimates for Bank of Montreal in a report released on Thursday, December 5th. Desjardins analyst D. Young now expects that the bank will earn $12.60 per share for the year, up from their previous estimate of $12.20. Desjardins currently has a “Hold” rating and a $120.00 target price on the stock. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share.

Other research analysts also recently issued research reports about the stock. TD Securities boosted their price target on shares of Bank of Montreal from C$114.00 to C$131.00 in a research report on Friday, November 15th. Scotiabank upgraded shares of Bank of Montreal from a “sector perform” rating to an “outperform” rating and boosted their target price for the company from C$147.00 to C$160.00 in a report on Friday. Canaccord Genuity Group increased their price target on Bank of Montreal from C$143.00 to C$148.00 in a report on Friday. Bank of America downgraded Bank of Montreal from a “buy” rating to a “neutral” rating and dropped their price objective for the company from C$134.00 to C$117.00 in a research note on Wednesday, August 28th. Finally, Royal Bank of Canada decreased their target price on Bank of Montreal from C$118.00 to C$106.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 28th. Six investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Bank of Montreal presently has a consensus rating of “Moderate Buy” and an average target price of C$131.33.

Bank of Montreal Price Performance

Shares of BMO stock opened at C$142.89 on Monday. The stock has a market capitalization of C$104.23 billion, a PE ratio of 16.44, a PEG ratio of 0.71 and a beta of 1.16. The business’s 50 day simple moving average is C$129.31 and its 200 day simple moving average is C$121.76. Bank of Montreal has a one year low of C$109.02 and a one year high of C$147.54.

Insider Buying and Selling at Bank of Montreal

In other news, Senior Officer David Robert Casper sold 12,819 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of C$121.85, for a total value of C$1,562,007.97. 0.03% of the stock is currently owned by company insiders.

Bank of Montreal Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Thursday, January 30th will be given a $1.59 dividend. This represents a $6.36 annualized dividend and a yield of 4.45%. This is an increase from Bank of Montreal’s previous quarterly dividend of $1.55. Bank of Montreal’s dividend payout ratio (DPR) is presently 71.35%.

About Bank of Montreal

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.