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NYSE:BMOBank of Montreal Stock Price, Forecast & News

$53.58
+1.45 (+2.78 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$52.22
Now: $53.58
$53.67
50-Day Range
$45.90
MA: $52.88
$57.66
52-Week Range
$38.31
Now: $53.58
$79.93
Volume509,900 shs
Average Volume649,855 shs
Market Capitalization$34.45 billion
P/E Ratio9.50
Dividend Yield5.68%
Beta1.11
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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Beat the Market (BTM) Rank

Analyst Opinion: 4.1Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.61 out of 5 stars


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$29.16 billion
Cash Flow$8.27 per share
Book Value$53.83 per share

Profitability

Net Income$4.33 billion

Miscellaneous

Employees45,513
Market Cap$34.45 billion
Next Earnings Date8/25/2020 (Estimated)
OptionableOptionable

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Bank of Montreal (NYSE:BMO) Frequently Asked Questions

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

Bank of Montreal's stock was trading at $52.66 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BMO stock has increased by 1.7% and is now trading at $53.58. View which stocks have been most impacted by Coronavirus.

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

12 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Bank of Montreal.

When is Bank of Montreal's next earnings date?

Bank of Montreal is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020. View our earnings forecast for Bank of Montreal.

How were Bank of Montreal's earnings last quarter?

Bank of Montreal (NYSE:BMO) issued its quarterly earnings data on Wednesday, May, 27th. The bank reported $1.04 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.94 by $0.10. The bank had revenue of $5.46 billion for the quarter, compared to the consensus estimate of $5.99 billion. Bank of Montreal had a net margin of 13.51% and a return on equity of 11.85%. The company's quarterly revenue was down 3.9% on a year-over-year basis. During the same quarter last year, the business earned $2.30 EPS. 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 declared a quarterly dividend on Wednesday, May 27th. Investors of record on Tuesday, August 4th will be given a dividend of $0.76 per share on Wednesday, August 26th. This represents a $3.04 annualized dividend and a dividend yield of 5.67%. The ex-dividend date of this dividend is Monday, August 3rd. View Bank of Montreal's dividend history.

What price target have analysts set for BMO?

12 brokers have issued 1-year price targets for Bank of Montreal's stock. Their forecasts range from $53.00 to $109.00. On average, they anticipate Bank of Montreal's stock price to reach $79.67 in the next year. This suggests a possible upside of 48.7% from the stock's current price. View analysts' price targets for Bank of Montreal.

Has Bank of Montreal been receiving favorable news coverage?

Press coverage about BMO stock has trended very negative on Sunday, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Bank of Montreal earned a coverage optimism score of -3.8 on InfoTrie's scale. They also assigned news stories 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 next several days. View the latest news about Bank of Montreal.

Are investors shorting Bank of Montreal?

Bank of Montreal saw a increase in short interest in June. As of June 30th, there was short interest totaling 6,380,000 shares, an increase of 7.2% from the June 15th total of 5,950,000 shares. Based on an average daily trading volume, of 1,050,000 shares, the days-to-cover ratio is presently 6.1 days. Approximately 1.0% of the company's shares are short sold. View Bank of Montreal's Current Options Chain.

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), AbbVie (ABBV), AutoCanada (ACQ), Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), AT&T (T) and Alibaba Group (BABA).

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 47)
  • Mr. Thomas E. Flynn, Chief Financial Officer
  • Mr. Patrick Cronin, Chief Risk Officer
  • Mr. Cameron Fowler, Pres of North American Personal & Bus. Banking
  • Mr. Steve Tennyson, Chief Technology & Operations Officer

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 a number of retail and institutional investors. Top institutional investors include Cardinal Capital Management Inc. (0.22%), Legacy Capital Partners Inc. (0.01%), Envestnet Asset Management Inc. (0.00%), Curbstone Financial Management Corp (0.00%), Nexus Investment Management ULC (0.00%) and Addenda Capital Inc. (0.00%).

Which major investors are selling Bank of Montreal stock?

BMO stock was sold by a variety of institutional investors in the last quarter, including Curbstone Financial Management Corp, Envestnet Asset Management Inc., Bogart Wealth LLC, and Legacy Capital Partners Inc..

Which major investors are buying Bank of Montreal stock?

BMO stock was purchased by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., Nexus Investment Management ULC, and Addenda Capital Inc..

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 $53.58.

How big of a company is Bank of Montreal?

Bank of Montreal has a market capitalization of $34.45 billion and generates $29.16 billion in revenue each year. The bank earns $4.33 billion in net income (profit) each year or $7.10 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 7/12/2020 by MarketBeat.com Staff

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