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NYSE:BMO

Bank of Montreal Stock Forecast, Price & News

$60.75
-0.71 (-1.16 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$60.59
Now: $60.75
$61.37
50-Day Range
$54.84
MA: $59.53
$63.75
52-Week Range
$38.31
Now: $60.75
$79.93
Volume457,063 shs
Average Volume831,579 shs
Market Capitalization$39.06 billion
P/E Ratio11.68
Dividend Yield5.14%
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.27 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$8.13 per share
Book Value$55.98 per share

Profitability

Net Income$4.33 billion

Miscellaneous

Employees45,513
Market Cap$39.06 billion
Next Earnings Date12/1/2020 (Estimated)
OptionableOptionable
$60.75
-0.71 (-1.16 %)
(As of 09/18/2020 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 been impacted by COVID-19?

Bank of Montreal's stock was trading at $52.66 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BMO stock has increased by 15.4% and is now trading at $60.75.
View which stocks have been most impacted by COVID-19
.

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 2 sell ratings, 7 hold ratings and 3 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, December 1st 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 results on Tuesday, August, 25th. The bank reported $1.85 EPS for the quarter, topping the consensus estimate of $1.17 by $0.68. The bank earned $6 billion during the quarter, compared to the consensus estimate of $5.94 billion. Bank of Montreal had a net margin of 12.98% and a return on equity of 10.93%. Bank of Montreal's quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.38 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 Tuesday, August 25th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.79 per share on Thursday, November 26th. This represents a $3.16 annualized dividend and a yield of 5.20%. The ex-dividend date is Friday, October 30th. This is a positive change from Bank of Montreal's previous quarterly dividend of $0.76.
View Bank of Montreal's dividend history
.

What price target have analysts set for BMO?

12 equities research analysts have issued 1 year target prices for Bank of Montreal's stock. Their forecasts range from $53.00 to $109.00. On average, they anticipate Bank of Montreal's share price to reach $80.22 in the next year. This suggests a possible upside of 32.1% 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 drop in short interest in August. As of August 14th, there was short interest totaling 5,770,000 shares, a drop of 23.1% from the July 30th total of 7,500,000 shares. Based on an average daily volume of 701,900 shares, the short-interest ratio is currently 8.2 days. Currently, 0.9% of the shares of the company 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?

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 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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.03%), TD Asset Management Inc. (2.85%), Toronto Dominion Bank (1.99%), Great West Life Assurance Co. Can (1.10%), Letko Brosseau & Associates Inc. (0.66%) and CIBC Asset Management Inc (0.66%).

Which major investors are selling Bank of Montreal stock?

BMO stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Guardian Capital LP, CIBC Asset Management Inc, Alberta Investment Management Corp, MUFG Securities EMEA plc, TD Asset Management Inc., Intact Investment Management Inc., and Vanguard Group Inc..

Which major investors are buying Bank of Montreal stock?

BMO stock was bought by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Canada Pension Plan Investment Board, FMR LLC, Value Partners Investments Inc., Great West Life Assurance Co. Can, Sumitomo Mitsui Trust Holdings Inc., and Cardinal Capital Management 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 $60.75.

How big of a company is Bank of Montreal?

Bank of Montreal has a market capitalization of $39.06 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 9/19/2020 by MarketBeat.com Staff

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