FY2026 EPS Estimates for Bank of Montreal Lifted by Cormark

Bank of Montreal (TSE:BMO) (NYSE:BMO) – Investment analysts at Cormark upped their FY2026 earnings per share (EPS) estimates for shares of Bank of Montreal in a report issued on Friday, December 6th. Cormark analyst L. Persaud now expects that the bank will earn $12.92 per share for the year, up from their previous forecast of $12.68. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share.

Several other research analysts have also recently issued reports on the company. Cibc World Mkts raised Bank of Montreal from a “hold” rating to a “strong-buy” rating in a research report on Friday. National Bankshares raised their price objective on shares of Bank of Montreal from C$127.00 to C$148.00 in a report on Wednesday, November 20th. Jefferies Financial Group reduced their target price on shares of Bank of Montreal from C$141.00 to C$124.00 and set a “buy” rating for the company in a report on Monday, August 12th. Desjardins decreased their price target on shares of Bank of Montreal from C$125.00 to C$120.00 and set a “hold” rating on the stock in a research report on Wednesday, August 28th. Finally, Royal Bank of Canada dropped their price target on shares of Bank of Montreal from C$118.00 to C$106.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 28th. Six research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$131.33.

Bank of Montreal Price Performance

Shares of BMO opened at C$142.89 on Monday. The firm has a market capitalization of C$104.23 billion, a P/E ratio of 16.44, a PEG ratio of 0.71 and a beta of 1.16. Bank of Montreal has a one year low of C$109.02 and a one year high of C$147.54. The business has a fifty day moving average of C$129.31 and a 200 day moving average of C$121.76.

Insider Activity

In related news, Senior Officer David Robert Casper sold 12,819 shares of the firm’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of C$121.85, for a total transaction of C$1,562,007.97. Company insiders own 0.03% of the company’s stock.

Bank of Montreal Increases Dividend

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