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S&P 500   4,550.58
DOW   35,430.42
QQQ   389.81
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[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
These are the top sectors for blue chip growth in 2024
MercadoLibre up 28% as Latin American ecommerce poised for growth
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
J&J, Gilead, BMS: A look at undervalued dividend payers
The 4 highest-shorted large-cap stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
The JD.com train is getting ready to leave the station again
3 stocking stuffers you can buy for yourself
S&P 500   4,550.58
DOW   35,430.42
QQQ   389.81
How to trade penny stocks: A step-by-step guide
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
These are the top sectors for blue chip growth in 2024
MercadoLibre up 28% as Latin American ecommerce poised for growth
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
J&J, Gilead, BMS: A look at undervalued dividend payers
The 4 highest-shorted large-cap stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
The JD.com train is getting ready to leave the station again
3 stocking stuffers you can buy for yourself
S&P 500   4,550.58
DOW   35,430.42
QQQ   389.81
How to trade penny stocks: A step-by-step guide
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
These are the top sectors for blue chip growth in 2024
MercadoLibre up 28% as Latin American ecommerce poised for growth
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
J&J, Gilead, BMS: A look at undervalued dividend payers
The 4 highest-shorted large-cap stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
The JD.com train is getting ready to leave the station again
3 stocking stuffers you can buy for yourself

Bank of Montreal Stock Price, News & Analysis (NYSE:BMO)

$80.99
+1.06 (+1.33%)
(As of 11/29/2023 ET)
Compare
Today's Range
$79.87
$81.45
50-Day Range
$74.23
$86.44
52-Week Range
$73.98
$102.79
Volume
568,847 shs
Average Volume
614,944 shs
Market Capitalization
$58.39 billion
P/E Ratio
10.73
Dividend Yield
5.35%
Price Target
$122.00

Bank of Montreal MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
50.6% Upside
$122.00 Price Target
Short Interest
Healthy
1.89% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.32
Upright™ Environmental Score
News Sentiment
0.16mentions of Bank of Montreal in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.16%
From $8.61 to $9.14 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.63 out of 5 stars

Finance Sector

169th out of 834 stocks

Commercial Banks, Not Elsewhere Classified Industry

11th out of 29 stocks


BMO stock logo

About Bank of Montreal Stock (NYSE:BMO)

Bank of Montreal provides diversified financial services primarily in North America. The company's personal banking products and services include checking and savings accounts, credit cards, mortgages, and financial and investment advice services; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, specialized banking programs, treasury and payment solutions, and risk management products for small business and commercial banking customers. It also offers investment and wealth advisory services; digital investing services; financial services and solutions; and investment management, and trust and custody services. In addition, the company provides life insurance, accident and sickness insurance, and annuity products; creditor and travel insurance to bank customers; and reinsurance solutions. Further, it offers client's debt and equity capital-raising services, as well as loan origination and syndication, and treasury management; strategic advice on mergers and acquisitions, restructurings, and recapitalizations, as well as valuation and fairness opinions; and trade finance, risk mitigation, and other operating services. Additionally, the company provides research and access to markets for institutional, corporate, and retail clients; trading solutions that include debt, foreign exchange, interest rate, credit, equity, securitization and commodities; new product development and origination services, as well as risk management advice and services to hedge against fluctuations; and funding and liquidity management services to its clients. Bank of Montreal was founded in 1817 and is headquartered in Montreal, Canada.

BMO Stock Price History

BMO Stock News Headlines

Bank of Montreal (BMO) to Release Earnings on Friday
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
KBW Sticks to Their Buy Rating for Bank Of Montreal (BMO)
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Bank of Montreal's Dividend Analysis
BMO Introduces BMO for Indigenous Entrepreneurs Program
BMO CD Rates October 2023
Canada Economic Growth Misses Forecasts, Backing Rate Pause
See More Headlines
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Company Calendar

Last Earnings
12/03/2021
Ex-Dividend for 11/28 Dividend
10/27/2023
Dividend Payable
11/28/2023
Today
11/29/2023
Next Earnings (Confirmed)
12/01/2023
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
46,722
Year Founded
1817

Price Target and Rating

Average Stock Price Target
$122.00
High Stock Price Target
$131.00
Low Stock Price Target
$113.00
Potential Upside/Downside
+50.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$10.52 billion
Pretax Margin
14.95%

Debt

Sales & Book Value

Annual Sales
$31.22 billion
Cash Flow
$11.22 per share
Book Value
$74.24 per share

Miscellaneous

Free Float
713,773,000
Market Cap
$58.39 billion
Optionable
Optionable
Beta
1.15

Social Links

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Key Executives

  • Mr. William Darryl WhiteMr. William Darryl White (Age 51)
    CEO & Director
    Comp: $3.21M
  • Mr. Tayfun Tuzun (Age 58)
    Chief Financial Officer
    Comp: $1.11M
  • Mr. Steve Tennyson C.F.A.
    Chief Technology & Operations Officer
  • Ms. Christine Viau
    Head of Investor Relations
  • Ms. Sharon Marie Haward-Laird
    General Counsel
  • Ms. Kimberley Crews Goode
    Chief Communications & Social Impact Officer
  • Ms. Catherine Margaret Roche
    Head of Marketing & Strategy
  • Mr. Richard D. Rudderham
    Head of Business Tech. Integration & Interim Head of Ent. Initiatives, Infrastructure and Innovation
  • Mr. Michael E. Bonner
    Senior VP and Regional Head of BC & Yukon
  • Ms. Carolyn Andrea Booth
    Head of Distribution of U.S. Personal & Business Banking - BMO Harris Bank














BMO Stock Analysis - Frequently Asked Questions

Should I buy or sell Bank of Montreal stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bank of Montreal in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BMO shares.
View BMO analyst ratings
or view top-rated stocks.

What is Bank of Montreal's stock price target for 2024?

4 analysts have issued 12-month target prices for Bank of Montreal's stock. Their BMO share price targets range from $113.00 to $131.00. On average, they predict the company's stock price to reach $122.00 in the next year. This suggests a possible upside of 50.6% from the stock's current price.
View analysts price targets for BMO
or view top-rated stocks among Wall Street analysts.

How have BMO shares performed in 2023?

Bank of Montreal's stock was trading at $90.60 at the beginning of 2023. Since then, BMO stock has decreased by 10.6% and is now trading at $80.99.
View the best growth stocks for 2023 here
.

Are investors shorting Bank of Montreal?

Bank of Montreal saw a drop in short interest in November. As of November 15th, there was short interest totaling 13,500,000 shares, a drop of 30.6% from the October 31st total of 19,440,000 shares. Based on an average trading volume of 700,400 shares, the short-interest ratio is currently 19.3 days. Currently, 1.9% of the company's stock are short sold.
View Bank of Montreal's Short Interest
.

When is Bank of Montreal's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, December 1st 2023.
View our BMO earnings forecast
.

How can I listen to Bank of Montreal's earnings call?

Bank of Montreal will be holding an earnings conference call on Friday, December 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 905-694-9451 with passcode "2864003 #".

How were Bank of Montreal's earnings last quarter?

Bank of Montreal (NYSE:BMO) announced its quarterly earnings results on Friday, December, 3rd. The bank reported $2.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.52 by $0.08. The bank had revenue of $6.57 billion for the quarter, compared to analyst estimates of $6.66 billion. Bank of Montreal had a net margin of 11.19% and a trailing twelve-month return on equity of 12.70%. Bank of Montreal's revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.81 EPS.

How often does Bank of Montreal pay dividends? What is the dividend yield for Bank of Montreal?

Bank of Montreal declared a quarterly dividend on Tuesday, August 29th. Stockholders of record on Monday, October 30th will be paid a dividend of $1.11 per share on Tuesday, November 28th. This represents a $4.44 dividend on an annualized basis and a yield of 5.48%. The ex-dividend date is Friday, October 27th. This is a positive change from the stock's previous quarterly dividend of $1.09.
Read our dividend analysis for BMO
.

Is Bank of Montreal a good dividend stock?

Bank of Montreal (NYSE:BMO) pays an annual dividend of $4.33 per share and currently has a dividend yield of 5.30%. BMO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 57.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BMO will have a dividend payout ratio of 47.37% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BMO.

What ETF holds Bank of Montreal's stock ?

iShares GSCI Commodity Dynamic Roll Strategy ETF holds 10,000,000 shares of BMO stock, representing 1.28% of its portfolio.

What other stocks do shareholders of Bank of Montreal own?

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), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), AutoCanada (ACQ), AT&T (T), Bank of Nova Scotia (BNS) and Johnson & Johnson (JNJ).

Who are Bank of Montreal's major shareholders?

Bank of Montreal's stock is owned by a variety of retail and institutional investors. Top institutional investors include TD Asset Management Inc (2.22%), Bank of Nova Scotia (2.05%), Toronto Dominion Bank (1.95%), Mackenzie Financial Corp (1.91%), National Bank of Canada FI (1.59%) and CIBC Asset Management Inc (1.15%).

How do I buy shares of Bank of Montreal?

Shares of BMO stock 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.
Compare Top Brokerages Here.

Does Bank of Montreal have any subsidiaries?
The following companies are subsidiares of Bank of Montreal: AIG Life Insurance Company of Canada, BMO Asset Management (Holdings) plc and subsidiaries, BMO Asset Management Corp. and subsidiaries, BMO Capital Markets Corp., BMO Capital Markets Limited, BMO Family Office LLC, BMO Financial Corp. and subsidiaries, BMO Global Asset Management (Asia) Limited, BMO Global Asset Management (Europe) Limited and subsidiaries, BMO Harris Bank National Association and subsidiaries, BMO Harris Financing Inc. and subsidiaries, BMO Harris Investment Company LLC, BMO Investments Inc., BMO Investments Limited, BMO InvestorLine Inc., BMO Life Assurance Company, BMO Life Holdings (Canada), BMO Life Insurance Company and subsidiaries, BMO Mortgage Corp., BMO Nesbitt Burns Holdings Corporation, BMO Nesbitt Burns Inc., BMO Reinsurance Limited, BMO Trust Company, Bank of Montreal (China) Co. Ltd., Bank of Montreal Europe plc, Bank of Montreal Holding Inc. and subsidiaries, Bank of Montreal Mortgage Corporation, Bank of The West, CTC Consulting LLC, Clearpool Group, Edville Bankcorp Inc, F&C Asset Management, 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 Investments Limited, Lake Commercial Corp, Lakeland Community Bank, Marshall & Ilsley Corporation, Mercantile Bancorp Inc, Merchants and Manufacturers Bancorporation Inc, New Lenox State Bank, Ozaukee Bank, Pyrford International Limited, Villa Park Trust and Savings Bank, and bcpbank Canada.
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This page (NYSE:BMO) was last updated on 11/30/2023 by MarketBeat.com Staff

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