S&P 500   4,273.79 (-0.20%)
DOW   33,562.86 (-0.59%)
QQQ   354.90 (+0.07%)
AAPL   179.58 (-0.76%)
MSFT   335.94 (+0.16%)
META   271.39 (-0.45%)
GOOGL   126.01 (+1.07%)
AMZN   125.30 (+0.85%)
TSLA   217.61 (+1.70%)
NVDA   391.71 (-0.40%)
NIO   7.66 (+1.32%)
BABA   84.39 (+0.14%)
AMD   117.93 (+0.06%)
T   15.39 (+1.18%)
F   12.59 (+1.61%)
MU   67.77 (-2.02%)
CGC   0.78 (-4.86%)
GE   104.12 (-1.60%)
DIS   91.00 (+0.25%)
AMC   4.63 (+1.76%)
PFE   38.65 (+0.76%)
PYPL   64.51 (+0.86%)
NFLX   403.54 (+0.77%)
S&P 500   4,273.79 (-0.20%)
DOW   33,562.86 (-0.59%)
QQQ   354.90 (+0.07%)
AAPL   179.58 (-0.76%)
MSFT   335.94 (+0.16%)
META   271.39 (-0.45%)
GOOGL   126.01 (+1.07%)
AMZN   125.30 (+0.85%)
TSLA   217.61 (+1.70%)
NVDA   391.71 (-0.40%)
NIO   7.66 (+1.32%)
BABA   84.39 (+0.14%)
AMD   117.93 (+0.06%)
T   15.39 (+1.18%)
F   12.59 (+1.61%)
MU   67.77 (-2.02%)
CGC   0.78 (-4.86%)
GE   104.12 (-1.60%)
DIS   91.00 (+0.25%)
AMC   4.63 (+1.76%)
PFE   38.65 (+0.76%)
PYPL   64.51 (+0.86%)
NFLX   403.54 (+0.77%)
S&P 500   4,273.79 (-0.20%)
DOW   33,562.86 (-0.59%)
QQQ   354.90 (+0.07%)
AAPL   179.58 (-0.76%)
MSFT   335.94 (+0.16%)
META   271.39 (-0.45%)
GOOGL   126.01 (+1.07%)
AMZN   125.30 (+0.85%)
TSLA   217.61 (+1.70%)
NVDA   391.71 (-0.40%)
NIO   7.66 (+1.32%)
BABA   84.39 (+0.14%)
AMD   117.93 (+0.06%)
T   15.39 (+1.18%)
F   12.59 (+1.61%)
MU   67.77 (-2.02%)
CGC   0.78 (-4.86%)
GE   104.12 (-1.60%)
DIS   91.00 (+0.25%)
AMC   4.63 (+1.76%)
PFE   38.65 (+0.76%)
PYPL   64.51 (+0.86%)
NFLX   403.54 (+0.77%)
S&P 500   4,273.79 (-0.20%)
DOW   33,562.86 (-0.59%)
QQQ   354.90 (+0.07%)
AAPL   179.58 (-0.76%)
MSFT   335.94 (+0.16%)
META   271.39 (-0.45%)
GOOGL   126.01 (+1.07%)
AMZN   125.30 (+0.85%)
TSLA   217.61 (+1.70%)
NVDA   391.71 (-0.40%)
NIO   7.66 (+1.32%)
BABA   84.39 (+0.14%)
AMD   117.93 (+0.06%)
T   15.39 (+1.18%)
F   12.59 (+1.61%)
MU   67.77 (-2.02%)
CGC   0.78 (-4.86%)
GE   104.12 (-1.60%)
DIS   91.00 (+0.25%)
AMC   4.63 (+1.76%)
PFE   38.65 (+0.76%)
PYPL   64.51 (+0.86%)
NFLX   403.54 (+0.77%)
NYSE:BMO

Bank of Montreal (BMO) Stock Forecast, Price & News

$85.86
-1.03 (-1.19%)
(As of 06/5/2023 ET)
Compare
Today's Range
$85.82
$86.98
50-Day Range
$82.89
$92.23
52-Week Range
$81.57
$110.67
Volume
530,191 shs
Average Volume
599,868 shs
Market Capitalization
$61.24 billion
P/E Ratio
11.31
Dividend Yield
4.93%
Price Target
$149.50

Bank of Montreal MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
73.8% Upside
$149.50 Price Target
Short Interest
Healthy
1.68% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.32
Upright™ Environmental Score
News Sentiment
0.38mentions of Bank of Montreal in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.15%
From $9.08 to $9.82 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.64 out of 5 stars

Finance Sector

302nd out of 871 stocks

Commercial Banks, Not Elsewhere Classified Industry

13th out of 30 stocks


BMO stock logo

About Bank of Montreal (NYSE:BMO) Stock

Bank of Montreal engages in the provision of banking and financial services to individuals and institutions. It operates through the following segments: Canadian Personal and Commercial Banking (Canadian P&C) and United States Personal and Commercial Banking (U.S. P&C). The Canadian P&C segment refers to retail banking and financial operations in Canada. The U.S. P&C segment offers retail banking and financial solutions in United States. The company was founded by Robert Armour, John C. Bush, Austin Cuvillier, George Garden, Horatio Gates, James Leslie, George Moffatt, John Richardson and Thomas A. Turner on June 23, 1817 and is headquartered in Toronto, Canada.

Receive BMO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Bank of Montreal and its competitors with MarketBeat's FREE daily newsletter.

BMO Stock News Headlines

The gold catalyst we've waited for
Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Bank of Montreal raises dividend by 3% to C$1.47
See More Headlines

BMO Price History

BMO Company Calendar

Last Earnings
12/03/2021
Ex-Dividend for 5/26 Dividend
4/27/2023
Dividend Payable
5/26/2023
Today
6/05/2023
Next Earnings (Estimated)
8/29/2023
Fiscal Year End
10/31/2023

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
46,722
Year Founded
1817

Price Target and Rating

Average Stock Price Forecast
$149.50
High Stock Price Forecast
$151.00
Low Stock Price Forecast
$147.50
Forecasted Upside/Downside
+73.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$10.52 billion
Pretax Margin
17.16%

Debt

Sales & Book Value

Annual Sales
$34.74 billion
Cash Flow
$11.06 per share
Book Value
$74.24 per share

Miscellaneous

Free Float
706,063,000
Market Cap
$61.35 billion
Optionable
Optionable
Beta
1.14

Social Links


Key Executives

  • Darryl White
    Chief Executive Officer & Director
  • Cameron Fowler
    Co-COO & Chief Strategy Officer
  • Steven Tennyson
    Co-COO & Chief Technology Officer
  • Tayfun Tuzun
    Chief Financial Officer
  • Paul V Noble
    Chief Legal & Compliance Officer













BMO Stock - Frequently Asked Questions

Should I buy or sell Bank of Montreal stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bank of Montreal in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BMO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BMO, but not buy additional shares or sell existing shares.
View BMO analyst ratings
or view top-rated stocks.

What is Bank of Montreal's stock price forecast for 2023?

4 brokerages have issued 1-year price targets for Bank of Montreal's stock. Their BMO share price forecasts range from $147.50 to $151.00. On average, they expect the company's stock price to reach $149.50 in the next twelve months. This suggests a possible upside of 73.8% from the stock's current price.
View analysts price targets for BMO
or view top-rated stocks among Wall Street analysts.

How have BMO shares performed in 2023?

Bank of Montreal's stock was trading at $90.60 on January 1st, 2023. Since then, BMO stock has decreased by 5.1% and is now trading at $86.02.
View the best growth stocks for 2023 here
.

Are investors shorting Bank of Montreal?

Bank of Montreal saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 11,980,000 shares, a drop of 39.2% from the April 30th total of 19,700,000 shares. Based on an average daily trading volume, of 622,100 shares, the days-to-cover ratio is presently 19.3 days. Currently, 1.7% of the company's shares are short sold.
View Bank of Montreal's Short Interest
.

When is Bank of Montreal's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 29th 2023.
View our BMO earnings forecast
.

How were Bank of Montreal's earnings last quarter?

Bank of Montreal (NYSE:BMO) announced its quarterly earnings data on Friday, December, 3rd. The bank reported $2.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.52 by $0.08. The bank had revenue of $6.57 billion for the quarter, compared to the consensus estimate of $6.66 billion. Bank of Montreal had a net margin of 12.83% and a trailing twelve-month return on equity of 13.14%. The firm's quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.81 earnings per share.

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 24th. Shareholders of record on Friday, July 28th will be paid a dividend of $1.085 per share on Monday, August 28th. This represents a $4.34 annualized dividend and a yield of 5.05%. The ex-dividend date is Thursday, July 27th. This is an increase from the stock's previous quarterly dividend of $1.08.
Read our dividend analysis for BMO
.

What ETFs hold Bank of Montreal's stock?

ETFs with the largest weight of Bank of Montreal (NYSE:BMO) stock in their portfolio include iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT),

Is Bank of Montreal a good dividend stock?

Bank of Montreal (NYSE:BMO) pays an annual dividend of $4.23 per share and currently has a dividend yield of 4.87%. BMO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 55.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BMO will have a dividend payout ratio of 43.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BMO.

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).

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 Mackenzie Financial Corp (1.76%), Toronto Dominion Bank (1.73%), National Bank of Canada FI (1.69%), 1832 Asset Management L.P. (1.33%), CIBC Asset Management Inc (1.19%) and FIL Ltd (0.83%).

How do I buy shares of Bank of Montreal?

Shares of BMO stock 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 $86.02.

How much money does Bank of Montreal make?

Bank of Montreal (NYSE:BMO) has a market capitalization of $61.35 billion and generates $34.74 billion in revenue each year. The bank earns $10.52 billion in net income (profit) each year or $7.59 on an earnings per share basis.

How many employees does Bank of Montreal have?

The company employs 46,722 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 (Holdings) plc and subsidiaries, BMO Asset Management Corp. and subsidiaries, BMO Capital Markets Corp., BMO Capital Markets Limited, BMO Family Office LLC, BMO Financial Corp. and subsidiaries, BMO Global Asset Management (Asia) Limited, BMO Global Asset Management (Europe) Limited and subsidiaries, BMO Harris Bank National Association and subsidiaries, BMO Harris Financing Inc. and subsidiaries, BMO Harris Investment Company LLC, BMO Investments Inc., BMO Investments Limited, BMO InvestorLine Inc., BMO Life Assurance Company, BMO Life Holdings (Canada), BMO Life Insurance Company and subsidiaries, BMO Mortgage Corp., BMO Nesbitt Burns Holdings Corporation, BMO Nesbitt Burns Inc., BMO Reinsurance Limited, BMO Trust Company, Bank of Montreal (China) Co. Ltd., Bank of Montreal Europe plc, Bank of Montreal Holding Inc. and subsidiaries, Bank of Montreal Mortgage Corporation, Bank of The West, CTC Consulting LLC, Clearpool Group, Edville Bankcorp Inc, F&C Asset Management, 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 Investments Limited, Lake Commercial Corp, Lakeland Community Bank, Marshall & Ilsley Corporation, Mercantile Bancorp Inc, Merchants and Manufacturers Bancorporation Inc, New Lenox State Bank, Ozaukee Bank, Pyrford International Limited, Villa Park Trust and Savings Bank, and bcpbank Canada.
Read More
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 official website for the company is www.bmo.com. The bank can be reached via phone at (416) 867-6785, via email at investor.relations@bmo.com, or via fax at 514-877-2150.

This page (NYSE:BMO) was last updated on 6/5/2023 by MarketBeat.com Staff

My Account -