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NYSE:BMO

Bank of Montreal Stock Forecast, Price & News

$76.78
+0.88 (+1.16 %)
(As of 12/4/2020 12:00 AM ET)
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Today's Range
$76.03
Now: $76.78
$77.06
50-Day Range
$59.47
MA: $66.45
$75.90
52-Week Range
$38.31
Now: $76.78
$79.93
Volume466,074 shs
Average Volume775,413 shs
Market Capitalization$49.64 billion
P/E Ratio13.64
Dividend Yield4.19%
Beta1.29
Bank of Montreal provides diversified financial services primarily in North America. It operates through three groups: Personal and Commercial Banking, BMO 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. It also offers wealth management products and services, such as investment and wealth advisory services; digital investing services; financial services and solutions to high net worth and ultra-high net worth clients; 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 to brokers and individuals; creditor and travel insurance to bank customers; and reinsurance solutions. Further, it offers investment and corporate banking services, including 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; 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. The company was founded in 1817 and is headquartered in Montreal, Canada.
Bank of Montreal logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.00 out of 5 stars


Industry, Sector and Symbol

Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone416-867-6785
Employees45,513

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$29.16 billion
Cash Flow$8.73 per share
Book Value$53.83 per share

Profitability

Net Income$4.33 billion

Miscellaneous

Market Cap$49.64 billion
Next Earnings Date2/23/2021 (Estimated)
OptionableOptionable
$76.78
+0.88 (+1.16 %)
(As of 12/4/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Bank of Montreal (NYSE:BMO) Frequently Asked Questions

How has Bank of Montreal's stock price 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 (WHO). Since then, BMO shares have increased by 45.8% and is now trading at $76.78.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Bank of Montreal?

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, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Bank of Montreal
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Bank of Montreal?

Wall Street analysts have given Bank of Montreal a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year 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.
View MarketBeat's top stock picks here.

When is Bank of Montreal's next earnings date?

Bank of Montreal is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Bank of Montreal
.

How were Bank of Montreal's earnings last quarter?

Bank of Montreal (NYSE:BMO) issued its earnings results on Monday, November, 30th. The bank reported $2.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.91 by $0.50. The bank had revenue of $5.99 billion for the quarter, compared to the consensus estimate of $5.86 billion. Bank of Montreal had a return on equity of 10.93% and a net margin of 12.98%. The business's revenue was down 1.7% on a year-over-year basis. During the same period in the prior year, the firm earned $2.43 earnings per share.
View Bank of Montreal's earnings history
.

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, December 1st. Investors of record on Monday, February 1st will be given a dividend of $0.796 per share on Friday, February 26th. This represents a $3.18 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date is Friday, January 29th. This is a boost from Bank of Montreal's previous quarterly dividend of $0.79.
View Bank of Montreal's dividend history
.

What price target have analysts set for BMO?

10 brokers have issued twelve-month target prices for Bank of Montreal's shares. Their forecasts range from $53.00 to $108.00. On average, they expect Bank of Montreal's stock price to reach $84.33 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price.
View analysts' price targets for Bank of Montreal
.

Are investors shorting Bank of Montreal?

Bank of Montreal saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 5,420,000 shares, a decline of 36.5% from the October 31st total of 8,530,000 shares. Based on an average daily volume of 594,500 shares, the days-to-cover ratio is presently 9.1 days. Approximately 0.8% of the company's shares are sold short.
View Bank of Montreal's Short Interest
.

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

What other stocks do shareholders of Bank of Montreal own?

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 48)
  • Mr. Thomas E. Flynn, Chief Financial Officer
  • Mr. David Robert Casper, Group Head of North America Commercial Banking
  • Mr. Cameron Fowler, Pres of North American Personal & Bus. Banking
  • Mr. Daniel Barclay, Head of BMO Capital Markets
  • Mr. Steve Tennyson, Chief Technology & Operations Officer
  • Ms. Jill Homenuk CFA, Head of Investor Relations
  • Mr. Simon A. Fish, Gen. Counsel (Age 59)
  • Ms. Catherine Margaret Roche, Head of Marketing & Strategy
  • Ms. Mona Malone, Chief HR Officer and Head of People & Culture

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 retail and institutional investors. Top institutional investors include TD Asset Management Inc. (2.35%), Toronto Dominion Bank (1.95%), Great West Life Assurance Co. Can (0.94%), Great West Life Assurance Co. Can (0.94%), CIBC Asset Management Inc (0.79%) and Letko Brosseau & Associates Inc. (0.61%).

Which major investors are selling Bank of Montreal stock?

BMO stock was sold by a variety of institutional investors in the last quarter, including TD Asset Management Inc., Great West Life Assurance Co. Can, Great West Life Assurance Co. Can, Acadian Asset Management LLC, Lincluden Management Ltd., Cidel Asset Management Inc., Letko Brosseau & Associates Inc., and Value Partners Investments Inc..

Which major investors are buying Bank of Montreal stock?

BMO stock was acquired by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., CIBC Asset Management Inc, Bank of Nova Scotia Trust Co., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, JPMorgan Chase & Co., Guardian Capital LP, The Manufacturers Life Insurance Company, and Todd 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, Robinhood, Fidelity, and Charles Schwab.

What is Bank of Montreal's stock price today?

One share of BMO stock can currently be purchased for approximately $76.78.

How big of a company is Bank of Montreal?

Bank of Montreal has a market capitalization of $49.64 billion and generates $29.16 billion in revenue each year. The bank earns $4.33 billion in net income (profit) each year or $5.73 on an earnings per share basis. Bank of Montreal employs 45,513 workers across the globe.

What is Bank of Montreal's official website?

The official website for Bank of Montreal is 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]

This page was last updated on 12/5/2020 by MarketBeat.com Staff

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