Equities Analysts Offer Predictions for TSE:BMO Q1 Earnings

Bank of Montreal (TSE:BMO) (NYSE:BMO) – Equities research analysts at Desjardins decreased their Q1 2025 earnings per share (EPS) estimates for Bank of Montreal in a research report issued to clients and investors on Tuesday, February 4th. Desjardins analyst D. Young now forecasts that the bank will post earnings per share of $2.43 for the quarter, down from their previous forecast of $2.45. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share.

Several other research firms also recently weighed in on BMO. Royal Bank of Canada raised shares of Bank of Montreal from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from C$133.00 to C$161.00 in a research report on Wednesday, January 8th. National Bankshares boosted their price objective on Bank of Montreal from C$127.00 to C$148.00 in a report on Wednesday, November 20th. Scotiabank upgraded Bank of Montreal from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from C$147.00 to C$160.00 in a research note on Friday, December 6th. CIBC upgraded Bank of Montreal from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from C$134.00 to C$150.00 in a research report on Friday, December 6th. Finally, Canaccord Genuity Group upped their price target on Bank of Montreal from C$143.00 to C$148.00 in a research report on Friday, December 6th. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Bank of Montreal currently has a consensus rating of “Moderate Buy” and a consensus target price of C$135.92.

Bank of Montreal Stock Up 1.1 %

BMO stock opened at C$142.67 on Thursday. The stock’s 50 day moving average is C$140.62 and its two-hundred day moving average is C$128.24. Bank of Montreal has a 52-week low of C$109.02 and a 52-week high of C$147.54. The company has a market capitalization of C$104.06 billion, a PE ratio of 16.42, a P/E/G ratio of 0.71 and a beta of 1.16.

Insider Activity at Bank of Montreal

In related news, Director William Darryl White sold 11,376 shares of the stock in a transaction that occurred on 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. 0.03% of the stock is currently owned by insiders.

Bank of Montreal Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 26th will be issued a $1.59 dividend. This represents a $6.36 dividend on an annualized basis and a dividend yield of 4.46%. The ex-dividend date of this dividend is Thursday, January 30th. This is a boost from Bank of Montreal’s previous quarterly dividend of $1.55. Bank of Montreal’s dividend payout ratio (DPR) is 71.35%.

Bank of Montreal Company Profile

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.