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

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$75.02 -1.50 (-1.96 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$75.02
Today's Range$74.90 - $75.98
52-Week Range$62.79 - $84.36
Volume634,310 shs
Average Volume562,605 shs
Market Capitalization$47.89 billion
P/E Ratio10.73
Dividend Yield3.98%
Beta1.18
Bank of Montreal provides diversified financial services primarily in North America. It operates through three groups: Personal and Commercial Banking, Wealth Management, and BMO Capital Markets. 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, and specialized banking programs for small business and commercial banking customers, as well as wealth management products and services, such as insurance products. It also offers equity and debt underwriting, corporate lending and project financing, mergers and acquisitions advisory services, securitization, treasury management, risk management, equity and fixed income research, and institutional sales and trading services to corporate, institutional, and government clients. In addition, the company offers trade finance, investment management, online investing, trust and estate services, tax planning, and investment solutions to institutional investors, as well as industry-leading research, sales, and trading services. It operates approximately 1,500 branches in Canada and the United States, as well as offices in 27 jurisdictions. The company was founded in 1817 and is headquartered in Montreal, Canada.

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Industry, Sector and Symbol

Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone416-867-6785

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$25.01 billion
Cash Flow$7.9979 per share
Book Value$50.58 per share

Profitability

Net Income$4.24 billion

Miscellaneous

Employees45,454
Market Cap$47.89 billion
Next Earnings Date5/29/2019 (Estimated)
OptionableOptionable

Bank of Montreal (NYSE:BMO) Frequently Asked Questions

What is Bank of Montreal's stock symbol?

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

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

Bank of Montreal announced a quarterly dividend on Tuesday, February 26th. Stockholders of record on Wednesday, May 1st will be paid a dividend of $0.762 per share on Tuesday, May 28th. This represents a $3.05 annualized dividend and a dividend yield of 4.06%. The ex-dividend date of this dividend is Tuesday, April 30th. This is a positive change from Bank of Montreal's previous quarterly dividend of $0.75. View Bank of Montreal's Dividend History.

How will Bank of Montreal's stock buyback program work?

Bank of Montreal announced that its Board of Directors has approved a share repurchase plan on Saturday, June 24th 2017, which permits the company to repurchase 4,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its stock is undervalued.

How were Bank of Montreal's earnings last quarter?

Bank of Montreal (NYSE:BMO) issued its quarterly earnings data on Tuesday, February, 26th. The bank reported $2.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.70 by $0.62. The bank earned $5.59 billion during the quarter, compared to the consensus estimate of $5.61 billion. Bank of Montreal had a return on equity of 14.89% and a net margin of 17.43%. The company's quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.12 EPS. View Bank of Montreal's Earnings History.

When is Bank of Montreal's next earnings date?

Bank of Montreal is scheduled to release their next quarterly earnings announcement on Wednesday, May 29th 2019. View Earnings Estimates for Bank of Montreal.

What price target have analysts set for BMO?

9 analysts have issued 1 year target prices for Bank of Montreal's shares. Their forecasts range from $109.00 to $120.00. On average, they anticipate Bank of Montreal's share price to reach $114.50 in the next twelve months. This suggests a possible upside of 52.6% from the stock's current price. View Analyst Price Targets for Bank of Montreal.

What is the consensus analysts' recommendation for Bank of Montreal?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of Montreal in the last year. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bank of Montreal.

Has Bank of Montreal been receiving favorable news coverage?

News articles about BMO stock have been trending somewhat negative on Saturday, InfoTrie reports. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Bank of Montreal earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave headlines about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future.

Who are some of Bank of Montreal's key competitors?

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), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), AbbVie (ABBV), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Vermilion Energy (VET), Bank of Nova Scotia (BNS) and AT&T (T).

Who are Bank of Montreal's key executives?

Bank of Montreal's management team includes the folowing people:
  • Mr. William Darryl White, CEO & Director (Age 46)
  • Mr. Thomas E. Flynn, Chief Financial Officer
  • Mr. Patrick Cronin, Chief Risk Officer
  • Mr. Steve Tennyson, Chief Technology & Operations Officer
  • Ms. Jill Homenuk CFA, Head of Investor Relations

Who are Bank of Montreal's major shareholders?

Bank of Montreal's stock is owned by many different of institutional and retail investors. Top institutional shareholders include TD Asset Management Inc. (3.38%), Toronto Dominion Bank (2.24%), CIBC Asset Management Inc (1.38%), Mackenzie Financial Corp (1.26%), Bank of Nova Scotia (1.22%) and Acadian Asset Management LLC (1.15%).

Which institutional investors are selling Bank of Montreal stock?

BMO stock was sold by a variety of institutional investors in the last quarter, including OMERS ADMINISTRATION Corp, CIBC Asset Management Inc, 1832 Asset Management L.P., Two Sigma Investments LP, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, TD Asset Management Inc., Cidel Asset Management Inc. and PCJ Investment Counsel Ltd..

Which institutional investors are buying Bank of Montreal stock?

BMO stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Mackenzie Financial Corp, Intact Investment Management Inc., Toronto Dominion Bank, Millennium Management LLC, APG Asset Management N.V., Canada Pension Plan Investment Board and Acadian Asset Management LLC.

How do I buy shares of Bank of Montreal?

Shares of BMO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Bank of Montreal's stock price today?

One share of BMO stock can currently be purchased for approximately $75.02.

How big of a company is Bank of Montreal?

Bank of Montreal has a market capitalization of $47.89 billion and generates $25.01 billion in revenue each year. The bank earns $4.24 billion in net income (profit) each year or $6.99 on an earnings per share basis. Bank of Montreal employs 45,454 workers across the globe.

What is Bank of Montreal's official website?

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

How can I contact Bank of Montreal?

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]


MarketBeat Community Rating for Bank of Montreal (NYSE BMO)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  351 (Vote Outperform)
Underperform Votes:  602 (Vote Underperform)
Total Votes:  953
MarketBeat's community ratings are surveys of what our community members think about Bank of Montreal and other stocks. Vote "Outperform" if you believe BMO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BMO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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