FY2025 EPS Forecast for Bank of Montreal Lifted by Analyst

Bank of Montreal (TSE:BMO) (NYSE:BMO) – Equities research analysts at Cormark lifted their FY2025 earnings per share estimates for shares of Bank of Montreal in a research report issued on Wednesday, February 26th. Cormark analyst L. Persaud now anticipates that the bank will post earnings per share of $11.81 for the year, up from their prior forecast of $11.01. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share. Cormark also issued estimates for Bank of Montreal’s FY2025 earnings at $11.81 EPS.

Several other research analysts also recently issued reports on BMO. Canaccord Genuity Group boosted their price objective on shares of Bank of Montreal from C$154.00 to C$165.00 and gave the stock a “buy” rating in a report on Wednesday. TD Securities upped their target price on shares of Bank of Montreal from C$145.00 to C$152.00 and gave the stock a “hold” rating in a report on Wednesday. Cibc World Mkts raised Bank of Montreal from a “hold” rating to a “strong-buy” rating in a report on Friday, December 6th. Jefferies Financial Group upped their target price on shares of Bank of Montreal from C$140.00 to C$155.00 and gave the stock a “hold” rating in a research report on Wednesday. Finally, Scotiabank decreased their price target on Bank of Montreal from C$160.00 to C$159.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Six equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$148.23.

Bank of Montreal Trading Down 0.3 %

BMO opened at C$148.76 on Friday. The stock has a market capitalization of C$107.75 billion, a price-to-earnings ratio of 14.68, a P/E/G ratio of 0.71 and a beta of 1.16. Bank of Montreal has a 1-year low of C$109.02 and a 1-year high of C$151.08. The business has a 50 day moving average of C$142.20 and a 200-day moving average of C$131.03.

Bank of Montreal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Tuesday, April 29th will be given a $1.59 dividend. This represents a $6.36 annualized dividend and a dividend yield of 4.28%. Bank of Montreal’s dividend payout ratio is presently 61.20%.

Insider Buying and Selling at Bank of Montreal

In other Bank of Montreal news, Director William Darryl White sold 11,376 shares of Bank of Montreal stock in a transaction dated 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. Insiders own 0.03% of the company’s stock.

About Bank of Montreal

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.