BMO FY2025 EPS Forecast Lowered by National Bank Financial

Bank of Montreal (NYSE:BMO) (TSE:BMO) – Analysts at National Bank Financial decreased their FY2025 earnings estimates for shares of Bank of Montreal in a research note issued on Thursday, December 5th. National Bank Financial analyst G. Dechaine now forecasts that the bank will post earnings per share of $7.88 for the year, down from their prior forecast of $8.17. The consensus estimate for Bank of Montreal’s current full-year earnings is $7.79 per share. National Bank Financial also issued estimates for Bank of Montreal’s FY2026 earnings at $9.24 EPS.

A number of other brokerages also recently issued reports on BMO. Scotiabank upgraded shares of Bank of Montreal from a “sector perform” rating to a “sector outperform” rating in a report on Friday, December 6th. Bank of America cut shares of Bank of Montreal from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $134.00 to $117.00 in a research note on Wednesday, August 28th. CIBC raised shares of Bank of Montreal from a “neutral” rating to a “sector outperform” rating in a research note on Friday, December 6th. TD Securities cut shares of Bank of Montreal from a “buy” rating to a “hold” rating in a research note on Tuesday, August 27th. Finally, StockNews.com raised shares of Bank of Montreal from a “sell” rating to a “hold” rating in a research note on Monday. Eight equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $122.40.

Bank of Montreal Stock Performance

Shares of BMO opened at $100.81 on Monday. The company has a 50-day simple moving average of $93.54 and a 200-day simple moving average of $88.41. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $73.55 billion, a PE ratio of 14.43, a P/E/G ratio of 2.88 and a beta of 1.10. Bank of Montreal has a 52-week low of $76.98 and a 52-week 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. Shareholders of record on Thursday, January 30th will be paid a dividend of $1.1329 per share. This is a boost from Bank of Montreal’s previous quarterly dividend of $1.12. This represents a $4.53 annualized dividend and a dividend yield of 4.50%. The ex-dividend date of this dividend is Thursday, January 30th. Bank of Montreal’s dividend payout ratio (DPR) is currently 67.34%.

Institutional Investors Weigh In On Bank of Montreal

Several hedge funds have recently modified their holdings of the company. D.A. Davidson & CO. boosted its stake in shares of Bank of Montreal by 1.3% during the 3rd quarter. D.A. Davidson & CO. now owns 8,602 shares of the bank’s stock worth $776,000 after purchasing an additional 113 shares during the last quarter. Signaturefd LLC boosted its position in shares of Bank of Montreal by 1.5% in the second quarter. Signaturefd LLC now owns 8,581 shares of the bank’s stock worth $720,000 after acquiring an additional 123 shares during the last quarter. Boltwood Capital Management boosted its position in shares of Bank of Montreal by 3.1% in the third quarter. Boltwood Capital Management now owns 4,125 shares of the bank’s stock worth $372,000 after acquiring an additional 125 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Bank of Montreal by 4.4% in the second quarter. Sequoia Financial Advisors LLC now owns 3,580 shares of the bank’s stock worth $300,000 after acquiring an additional 151 shares during the last quarter. Finally, Whittier Trust Co. boosted its position in shares of Bank of Montreal by 17.9% in the second quarter. Whittier Trust Co. now owns 1,092 shares of the bank’s stock worth $92,000 after acquiring an additional 166 shares during the last quarter. 45.82% of the stock is owned by institutional investors and hedge funds.

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.