NYSE:BMO

Bank of Montreal Stock Forecast, Price & News

$103.18
+1.41 (+1.39 %)
(As of 06/21/2021 12:43 PM ET)
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Today's Range
$102.26
$103.37
50-Day Range
$89.26
$106.41
52-Week Range
$51.43
$106.88
Volume23,799 shs
Average Volume793,247 shs
Market Capitalization$66.79 billion
P/E Ratio14.80
Dividend Yield3.27%
Beta1.32
30 days | 90 days | 365 days | Advanced Chart
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Bank of Montreal logo

About Bank of Montreal

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 to institutional, retail, and high net worth investors. 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, balance sheet management, 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. It operates through approximately 1,400 bank branches and 4,800 automated banking machines in Canada and the United States. The company was founded in 1817 and is headquartered in Montreal, Canada.

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MarketRank

Overall MarketRank

2.05 out of 5 stars

Finance Sector

186th out of 1,970 stocks

Commercial Banks, Not Elsewhere Classified Industry

4th out of 73 stocks

Analyst Opinion: 2.3Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -
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Bank of Montreal (NYSE:BMO) Frequently Asked Questions

Is Bank of Montreal a buy right now?

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

What stocks does MarketBeat like better than Bank of Montreal?

Wall Street analysts have given Bank of Montreal a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Bank of Montreal wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Bank of Montreal?

Bank of Montreal saw a increase in short interest during the month of May. As of May 28th, there was short interest totaling 4,340,000 shares, an increase of 34.0% from the May 13th total of 3,240,000 shares. Based on an average daily volume of 840,900 shares, the days-to-cover ratio is currently 5.2 days. Currently, 0.7% of the shares of the stock are short sold.
View Bank of Montreal's Short Interest
.

When is Bank of Montreal's next earnings date?

Bank of Montreal is scheduled to release its next quarterly earnings announcement on Tuesday, August 24th 2021.
View our earnings forecast for Bank of Montreal
.

How were Bank of Montreal's earnings last quarter?

Bank of Montreal (NYSE:BMO) released its quarterly earnings results on Tuesday, May, 25th. The bank reported $3.13 earnings per share for the quarter, beating analysts' consensus estimates of $2.18 by $0.95. The bank earned $6.08 billion during the quarter, compared to analyst estimates of $6.26 billion. Bank of Montreal had a trailing twelve-month return on equity of 14.17% and a net margin of 18.81%. During the same quarter in the prior year, the company earned $1.04 EPS.
View Bank of Montreal's earnings history
.

How has Bank of Montreal's stock been impacted by Coronavirus (COVID-19)?

Bank of Montreal's stock was trading at $52.66 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BMO shares have increased by 96.0% and is now trading at $103.20.
View which stocks have been most impacted by COVID-19
.

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 Thursday, May 27th. Investors of record on Tuesday, August 3rd will be given a dividend of $0.8782 per share on Thursday, August 26th. This represents a $3.51 annualized dividend and a dividend yield of 3.40%. The ex-dividend date of this dividend is Monday, August 2nd. This is a boost from Bank of Montreal's previous quarterly dividend of $0.84.
View Bank of Montreal's dividend history
.

Is Bank of Montreal a good dividend stock?

Bank of Montreal pays an annual dividend of $3.33 per share and currently has a dividend yield of 3.27%. Bank of Montreal does not yet have a strong 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 34.76% next year. This indicates that Bank of Montreal will be able to sustain or increase its dividend.
View Bank of Montreal's dividend history.

What price target have analysts set for BMO?

10 equities research analysts have issued twelve-month target prices for Bank of Montreal's shares. Their forecasts range from $88.00 to $139.00. On average, they expect Bank of Montreal's share price to reach $113.58 in the next year. This suggests a possible upside of 10.1% from the stock's current price.
View analysts' price targets for Bank of Montreal
or view top-rated stocks among Wall Street analysts.

Who are Bank of Montreal's key executives?

Bank of Montreal's management team includes the following people:
  • Mr. William Darryl White, CEO & Director (Age 49, Pay $2.79M)
  • Mr. Thomas Earl Flynn, Vice Chairman (Age 57, Pay $1.12M)
  • Mr. Cameron Fowler, Chief Strategy & Operations Officer
  • Mr. Daniel Barclay, CEO & Group Head of BMO Capital Markets
  • Mr. David Robert Casper, U.S. CEO - BMO Financial Group, Chair & CEO - BMO Harris Bank N.A. & Group Head of North America com
  • Mr. Tayfun Tuzun, Chief Financial Officer (Age 56)
  • Mr. Steve Tennyson, Chief Technology & Operations Officer
  • Ms. Jill Homenuk CFA, Head of Investor Relations
  • Ms. Sharon Marie Haward-Laird, Gen. Counsel
  • Ms. Catherine Margaret Roche, Head of Marketing & Strategy

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), 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).

What is Bank of Montreal's stock symbol?

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

Who are Bank of Montreal's major shareholders?

Bank of Montreal's stock is owned by many different institutional and retail investors. Top institutional shareholders include TD Asset Management Inc. (2.32%), Caisse DE Depot ET Placement DU Quebec (1.63%), Toronto Dominion Bank (1.38%), Bank of Nova Scotia (1.34%), CIBC Asset Management Inc (0.97%) and The Manufacturers Life Insurance Company (0.54%).

Which institutional investors are selling Bank of Montreal stock?

BMO stock was sold by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Bank of Nova Scotia, Toronto Dominion Bank, Healthcare of Ontario Pension Plan Trust Fund, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Letko Brosseau & Associates Inc., Citigroup Inc., and TD Asset Management Inc..

Which institutional investors are buying Bank of Montreal stock?

BMO stock was bought by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, Man Group plc, Canada Pension Plan Investment Board, Morgan Stanley, MUFG Securities EMEA plc, BlackRock Inc., The Manufacturers Life Insurance Company, and O Shaughnessy 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Bank of Montreal's stock price today?

One share of BMO stock can currently be purchased for approximately $103.20.

How much money does Bank of Montreal make?

Bank of Montreal has a market capitalization of $66.80 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.

How many employees does Bank of Montreal have?

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

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 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.

When was Bank of Montreal founded?

Bank of Montreal was founded in 1817.

What is Bank of Montreal's official website?

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

Where are Bank of Montreal's headquarters?

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

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]


This page was last updated on 6/21/2021 by MarketBeat.com Staff
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