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NYSE:BMOBank of Montreal Stock Price, Forecast & News

$51.66
+0.92 (+1.81 %)
(As of 05/27/2020 04:00 PM ET)
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Today's Range
$50.19
Now: $51.66
$52.23
50-Day Range
$44.31
MA: $48.83
$53.77
52-Week Range
$38.31
Now: $51.66
$79.93
Volume1.55 million shs
Average Volume974,678 shs
Market Capitalization$33.04 billion
P/E Ratio7.83
Dividend Yield5.99%
Beta1.13
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: 3.1Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.40 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$9.31 per share
Book Value$53.83 per share

Profitability

Net Income$4.33 billion

Miscellaneous

Employees45,513
Market Cap$33.04 billion
Next Earnings DateN/A
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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BMO shares have decreased by 1.9% and is now trading at $51.66. 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, 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings 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, February, 25th. The bank reported $2.41 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.77 by $0.64. The bank had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.91 billion. Bank of Montreal had a return on equity of 13.89% and a net margin of 14.99%. The firm's revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.32 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 announced a quarterly dividend on Tuesday, February 25th. Shareholders of record on Friday, May 1st will be given a dividend of $0.801 per share on Tuesday, May 26th. This represents a $3.20 annualized dividend and a dividend yield of 6.20%. The ex-dividend date of this dividend is Thursday, April 30th. This is a positive change from Bank of Montreal's previous quarterly dividend of $0.80. 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 expect Bank of Montreal's stock price to reach $83.00 in the next year. This suggests a possible upside of 60.7% from the stock's current price. View analysts' price targets for Bank of Montreal.

Has Bank of Montreal been receiving favorable news coverage?

Media headlines about BMO stock have been trending positive on Thursday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Bank of Montreal earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutBank of Montreal.

Are investors shorting Bank of Montreal?

Bank of Montreal saw a increase in short interest in May. As of May 15th, there was short interest totaling 9,570,000 shares, an increase of 67.9% from the April 30th total of 5,700,000 shares. Based on an average daily trading volume, of 1,110,000 shares, the days-to-cover ratio is presently 8.6 days. Currently, 1.5% of the shares of the stock are sold short. 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 variety of retail and institutional investors. Top institutional shareholders include Toronto Dominion Bank (1.62%), Capital Research Global Investors (1.17%), Mackenzie Financial Corp (1.11%), CIBC Asset Management Inc (0.76%), The Manufacturers Life Insurance Company (0.50%) and Legal & General Group Plc (0.48%).

Which major investors are selling Bank of Montreal stock?

BMO stock was sold by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, CIBC Asset Management Inc, Toronto Dominion Bank, 1832 Asset Management L.P., 1832 Asset Management L.P., Deutsche Bank AG, Alberta Investment Management Corp, and Bessemer Group 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 Capital Research Global Investors, Intact Investment Management Inc., Guardian Capital LP, The Manufacturers Life Insurance Company , AGF Investments Inc., APG Asset Management N.V., Fiera Capital Corp, and Morgan Stanley.

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 $51.66.

How big of a company is Bank of Montreal?

Bank of Montreal has a market capitalization of $33.04 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 5/28/2020 by MarketBeat.com Staff

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