FY2026 EPS Estimates for Bank of Montreal Raised 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 note issued to investors on Wednesday, February 26th. Cormark analyst L. Persaud now expects that the bank will earn $13.40 per share for the year, up from their prior estimate of $12.95. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share.

BMO has been the topic of a number of other reports. CIBC raised their target price on shares of Bank of Montreal from C$154.00 to C$156.00 and gave the company an “outperform” rating in a research note on Wednesday. Canaccord Genuity Group raised their price target on Bank of Montreal from C$143.00 to C$148.00 in a research report on Friday, December 6th. Cibc World Mkts raised Bank of Montreal from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 6th. Royal Bank of Canada increased their target price on Bank of Montreal from C$161.00 to C$163.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, TD Securities lifted their price target on Bank of Montreal from C$145.00 to C$152.00 and gave the stock a “hold” rating in a research report on Wednesday. Six 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 company’s stock. According to MarketBeat, Bank of Montreal currently has an average rating of “Moderate Buy” and a consensus target price of C$149.31.

Bank of Montreal Price Performance

Shares of BMO stock opened at C$148.76 on Thursday. Bank of Montreal has a 12 month low of C$109.02 and a 12 month high of C$151.08. The company has a market cap of C$107.75 billion, a PE ratio of 14.68, a price-to-earnings-growth ratio of 0.71 and a beta of 1.16. The business’s 50 day moving average is C$142.40 and its two-hundred day moving average is C$131.15.

Bank of Montreal Announces Dividend

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

Insider Activity

In other Bank of Montreal news, Director William Darryl White sold 11,376 shares of the company’s stock in a transaction 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 owned by company insiders.

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.