FY2026 EPS Estimate for Bank of Montreal Raised by Analyst

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

Several other brokerages also recently commented on BMO. Scotiabank raised Bank of Montreal from a “sector perform” rating to an “outperform” rating and upped their target price for the company from C$147.00 to C$160.00 in a report on Friday, December 6th. CIBC upgraded shares of Bank of Montreal from a “neutral” rating to an “outperform” rating and boosted their price target for the company from C$134.00 to C$150.00 in a report on Friday, December 6th. Royal Bank of Canada decreased their price objective on shares of 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. Cormark cut their target price on shares of Bank of Montreal from C$129.00 to C$118.00 in a research note on Wednesday, August 28th. Finally, Cibc World Mkts upgraded Bank of Montreal from a “hold” rating to a “strong-buy” rating in a report on Friday, December 6th. Six analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Bank of Montreal presently has a consensus rating of “Moderate Buy” and an average target price of C$131.33.

Bank of Montreal Stock Down 0.0 %

BMO opened at C$142.87 on Monday. The firm has a market cap of C$104.21 billion, a PE ratio of 16.44, a P/E/G ratio of 0.71 and a beta of 1.16. The business has a fifty day simple moving average of C$129.31 and a 200-day simple moving average of C$121.76. Bank of Montreal has a fifty-two week low of C$109.02 and a fifty-two week high of C$147.54.

Bank of Montreal Increases Dividend

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

Insider Buying and Selling

In related news, Senior Officer David Robert Casper sold 12,819 shares of the company’s stock in a transaction on Tuesday, September 24th. The shares were 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 corporate insiders.

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.