Bank of Montreal Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bank of Montreal in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Bank of Montreal stock.
View analyst ratings for Bank of Montreal or view top-rated stocks.

Wall Street analysts have given Bank of Montreal a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Bank of Montreal wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Bank of Montreal is scheduled to release its next quarterly earnings announcement on Wednesday, May 26th 2021.
View our earnings forecast for Bank of Montreal.

Bank of Montreal (NYSE:BMO) issued its earnings results on Monday, February, 22nd. The bank reported $3.06 EPS for the quarter, beating the Zacks' consensus estimate of $1.66 by $1.40. The bank earned $6.37 billion during the quarter, compared to analyst estimates of $5.96 billion. Bank of Montreal had a net margin of 14.82% and a trailing twelve-month return on equity of 10.69%. The company's quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.41 EPS.
View Bank of Montreal's earnings history.

Bank of Montreal's stock was trading at $52.66 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BMO shares have increased by 63.7% and is now trading at $86.19.
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Bank of Montreal declared a quarterly dividend on Wednesday, February 24th. Investors of record on Monday, May 3rd will be paid a dividend of $0.8402 per share on Wednesday, May 26th. This represents a $3.36 annualized dividend and a dividend yield of 3.90%. The ex-dividend date is Friday, April 30th. This is a positive change from Bank of Montreal's previous quarterly dividend of $0.80.
View Bank of Montreal's dividend history.

Bank of Montreal pays an annual dividend of $3.33 per share and currently has a dividend yield of 3.90%. Bank of Montreal does not yet have a strock track record of dividend growth. The dividend payout ratio of Bank of Montreal is 58.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Bank of Montreal will have a dividend payout ratio of 46.64% next year. This indicates that Bank of Montreal will be able to sustain or increase its dividend.
View Bank of Montreal's dividend history.

10 analysts have issued 12-month target prices for Bank of Montreal's stock. Their forecasts range from $53.00 to $113.00. On average, they anticipate Bank of Montreal's share price to reach $94.19 in the next twelve months. This suggests a possible upside of 9.3% from the stock's current price.
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Some companies that are related to Bank of Montreal include HDFC Bank (HDB), Royal Bank of Canada (RY), Commonwealth Bank of Australia (CMWAY), The Toronto-Dominion Bank (TD), BNP Paribas (BNPQY), Mitsubishi UFJ Financial Group (MUFG), Westpac Banking (WBK), Australia and New Zealand Banking Group (ANZBY), Banco Santander (SAN), ICICI Bank (IBN), Sumitomo Mitsui Financial Group (SMFG), ING Groep (ING), Canadian Imperial Bank of Commerce (CM), Crédit Agricole (CRARY) and Barclays (BCS).
View all of BMO's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Bank of Montreal investors own include Intact Financial (IFC), Constellation Software (CSU), AbbVie (ABBV), Alimentation Couche-Tard (ATD.B), The Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), AutoCanada (ACQ), AT&T (T), The Bank of Nova Scotia (BNS) and Johnson & Johnson (JNJ).

Bank of Montreal trades on the New York Stock Exchange (NYSE) under the ticker symbol "BMO."

Bank of Montreal's stock is owned by many different retail and institutional investors. Top institutional investors include Toronto Dominion Bank (1.93%), Caisse DE Depot ET Placement DU Quebec (1.14%), Norges Bank (1.14%), CIBC Asset Management Inc (0.93%), Mackenzie Financial Corp (0.91%) and Beutel Goodman & Co Ltd. (0.90%).

BMO stock was sold by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, Healthcare of Ontario Pension Plan Trust Fund, Mackenzie Financial Corp, Letko Brosseau & Associates Inc., AGF Investments Inc., Sumitomo Mitsui Trust Holdings Inc., Renaissance Technologies LLC, and Beutel Goodman & Co Ltd..

BMO stock was bought by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, Norges Bank, Guardian Capital LP, CIBC Asset Management Inc, Canada Pension Plan Investment Board, Pendal Group Limited, Rempart Asset Management Inc., and Intact Investment Management Inc..

Shares of BMO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BMO stock can currently be purchased for approximately $86.19.

Bank of Montreal has a market capitalization of $55.76 billion and generates $25.68 billion in revenue each year. The bank earns $3.79 billion in net income (profit) each year or $5.73 on an earnings per share basis.

Bank of Montreal employs 43,360 workers across the globe.

The following companies are subsidiares of Bank of Montreal: AIG Life Insurance Company of Canada, BMO Asset Management Corp., BMO Asset Management Inc., BMO Capital Markets Corp., BMO Capital Markets Limited, BMO Capital Markets Real Estate Inc, BMO Corporate Services Asia Limited, BMO Estate Insurance Advisory Services Inc., BMO Financial Corp., BMO Global Asset Management (Asia) Limited, BMO Global Asset Management (Europe) Limited, BMO Global Tax Advantage Fund Inc., BMO Harris Bank National Association, BMO Harris Central National Association, BMO Harris Financial Advisors Inc., BMO Harris Financing Inc., BMO Harris Investment Company LLC., BMO Investments Inc., BMO Investments Limited, BMO InvestorLine Inc., BMO Life Assurance Company, BMO Life Holdings (Canada) ULC, BMO Life Insurance Company, BMO Mortgage Corp., BMO Nesbitt Burns Holdings Corporation, BMO Nesbitt Burns Inc., BMO Nesbitt Burns Securities Ltd., BMO Private Equity (Canada) Inc., BMO Private Equity (U.S.) Inc., BMO Private Investment Counsel Inc, BMO Real Estate Partners LLP., BMO Reinsurance Limited, BMO Service Inc., BMO Trust Company, BMO Trustee Asia Limited, Bank of Montreal (China) Co. Ltd, Bank of Montreal Capital Markets (Holdings) Limited, Bank of Montreal Holding Inc., Bank of Montreal Ireland plc, Bank of Montreal Mortgage Corporation, CTC Consulting LLC, CTC my CFO LLC, Clearpool Group, Edville Bankcorp Inc, F&C Asset Management, F&C Asset Management plc, F&C Group (Holdings) Limited, F&C Netherlands BV, F&C Portugal Gestao de Patrimonios S.A., First National Bank & Trust, First National Bank of Joliet, Gerard Klauer Mattison, Gerard Klauer Mattison & Co. Partners, Greene Holcomb Fisher, Guardian Group of Funds Ltd, KGS-Alpha Capital Markets, LGM (Bermuda) Limited, LGM Investments Limited, Lake Commercial Corp, Lakeland Community Bank, Lloyd George Investment Management (Bermuda) Limited, Marshall & Ilsley Corporation, Mercantile Bancorp Inc, Merchants and Manufacturers Bancorporation Inc, Monegy Inc., New Lenox State Bank, Ozaukee Bank, Pyrford International Limited, Stoker Ostler Wealth Advisors Inc., Villa Park Trust and Savings Bank, and bcpbank Canada.

Bank of Montreal was founded in 1817.

The official website for Bank of Montreal is www.bmo.com.

Bank of Montreal is headquartered at 100 King Street West 1 First Canadian Place, TORONTO A6, M5X 1A1.

Bank of Montreal's mailing address is 100 King Street West 1 First Canadian Place, TORONTO A6, M5X 1A1. The bank can be reached via phone at 416-867-6785 or via email at [email protected]