S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
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The Critical Minerals Race: U.S. v China (Ad)
This Is Why Daktronics Fell 40% In One Day 
On the money: Yellen's next milestone is name on US currency
The Critical Minerals Race: U.S. v China (Ad)
Biden releasing nearly $36B to aid pensions of union workers
Is It Time To Throw In The Towel On Gamestop?
Nobel Prize Winner's Premonition About Nuclear Energy Comes True (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Thursday 12/8/2022
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
The Critical Minerals Race: U.S. v China (Ad)
This Is Why Daktronics Fell 40% In One Day 
On the money: Yellen's next milestone is name on US currency
The Critical Minerals Race: U.S. v China (Ad)
Biden releasing nearly $36B to aid pensions of union workers
Is It Time To Throw In The Towel On Gamestop?
Nobel Prize Winner's Premonition About Nuclear Energy Comes True (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Thursday 12/8/2022
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
The Critical Minerals Race: U.S. v China (Ad)
This Is Why Daktronics Fell 40% In One Day 
On the money: Yellen's next milestone is name on US currency
The Critical Minerals Race: U.S. v China (Ad)
Biden releasing nearly $36B to aid pensions of union workers
Is It Time To Throw In The Towel On Gamestop?
Nobel Prize Winner's Premonition About Nuclear Energy Comes True (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Thursday 12/8/2022
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
The Critical Minerals Race: U.S. v China (Ad)
This Is Why Daktronics Fell 40% In One Day 
On the money: Yellen's next milestone is name on US currency
The Critical Minerals Race: U.S. v China (Ad)
Biden releasing nearly $36B to aid pensions of union workers
Is It Time To Throw In The Towel On Gamestop?
Nobel Prize Winner's Premonition About Nuclear Energy Comes True (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Thursday 12/8/2022
NYSE:BMO

Bank of Montreal - BMO Stock Forecast, Price & News

$92.56
-1.60 (-1.70%)
(As of 12/8/2022 12:00 AM ET)
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Compare
Today's Range
$92.06
$95.05
50-Day Range
$83.26
$100.16
52-Week Range
$81.57
$122.77
Volume
871,061 shs
Average Volume
609,280 shs
Market Capitalization
$62.80 billion
P/E Ratio
5.96
Dividend Yield
4.33%
Price Target
$159.75

Bank of Montreal MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
72.6% Upside
$159.75 Price Target
Short Interest
Healthy
2.30% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.32
Upright™ Environmental Score
News Sentiment
-0.28mentions of Bank of Montreal in the last 14 days
Based on 29 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.30%
From $10.31 to $10.96 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

261st out of 862 stocks

Commercial Banks, Not Elsewhere Classified Industry

10th out of 36 stocks

BMO stock logo

About Bank of Montreal (NYSE:BMO) Stock

Bank of Montreal provides diversified financial services primarily in North America. 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, specialized banking programs, treasury and payment solutions, and risk management products for small business and commercial banking customers. It also offers investment and wealth advisory services; digital investing services; financial services and solutions; and investment management, and trust and custody services. In addition, the company provides life insurance, accident and sickness insurance, and annuity products; creditor and travel insurance to bank customers; and reinsurance solutions. Further, it offers client's debt and equity capital-raising services, as well as loan origination and syndication, 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; trading solutions that include debt, foreign exchange, interest rate, credit, equity, securitization and commodities; 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. It operates through approximately 900 bank branches and 3,300 automated banking machines in Canada and the United States. Bank of Montreal was founded in 1817 and is headquartered in Montreal, Canada.

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BMO Stock News Headlines

StockNews.com Upgrades Bank of Montreal (NYSE:BMO) to Hold
Bank of Montreal (NYSE:BMO) Sees Large Volume Increase
Cormark Comments on Bank of Montreal's Q1 2023 Earnings (NYSE:BMO)
Cormark Comments on Bank of Montreal's FY2023 Earnings (NYSE:BMO)
Bank of Montreal overview
Bank of Montreal (NYSE:BMO) Sees Strong Trading Volume
Preview: Bank of Montreal's Earnings
Analysts Set Bank of Montreal (NYSE:BMO) PT at $159.72
Should You Buy BMO Stock Ahead of Earnings?
See More Headlines
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BMO Company Calendar

Last Earnings
12/03/2021
Ex-Dividend for 11/28 Dividend
10/31/2022
Dividend Payable
11/28/2022
Today
12/09/2022
Next Earnings (Estimated)
2/27/2023
Fiscal Year End
10/31/2023

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
43,863
Year Founded
1817

Price Target and Rating

Average Stock Price Forecast
$159.75
High Stock Price Forecast
$171.00
Low Stock Price Forecast
$150.00
Forecasted Upside/Downside
+72.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$10.52 billion
Pretax Margin
39.99%

Debt

Sales & Book Value

Annual Sales
$34.74 billion
Cash Flow
$10.98 per share
Book Value
$74.11 per share

Miscellaneous

Free Float
671,660,000
Market Cap
$62.80 billion
Optionable
Optionable
Beta
1.13

Social Links


Key Executives

  • Mr. William Darryl WhiteMr. William Darryl White (Age 50)
    CEO & Director
    Comp: $3.46M
  • Mr. Tayfun Tuzun (Age 57)
    Chief Financial Officer
    Comp: $5.34M
  • Mr. Cameron Fowler
    Chief Strategy & Operations Officer
  • Mr. Thomas Earl Flynn (Age 58)
    Vice Chairman
    Comp: $1.12M
  • Mr. David Robert CasperMr. David Robert Casper
    Group Head of North American Commercial Banking & CEO of BMO Financial Corp
  • Mr. Daniel BarclayMr. Daniel Barclay
    CEO & Group Head of BMO Capital Markets
  • Mr. Steve Tennyson C.F.A.
    Chief Technology & Operations Officer
  • Ms. Sharon Marie Haward-Laird
    Gen. Counsel
  • Ms. Kimberley Crews Goode
    Chief Communications & Social Impact Officer
  • Ms. Catherine Margaret Roche
    Head of Marketing & Strategy













BMO Stock - Frequently Asked Questions

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

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of Montreal in the last twelve months. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BMO shares.
View BMO analyst ratings
or view top-rated stocks.

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

10 Wall Street analysts have issued 1 year price targets for Bank of Montreal's shares. Their BMO share price forecasts range from $150.00 to $171.00. On average, they expect the company's share price to reach $159.75 in the next twelve months. This suggests a possible upside of 72.6% 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 2022?

Bank of Montreal's stock was trading at $107.72 on January 1st, 2022. Since then, BMO stock has decreased by 14.1% and is now trading at $92.56.
View the best growth stocks for 2022 here
.

Are investors shorting Bank of Montreal?

Bank of Montreal saw a drop in short interest in November. As of November 15th, there was short interest totaling 15,510,000 shares, a drop of 17.2% from the October 31st total of 18,740,000 shares. Based on an average daily trading volume, of 770,400 shares, the days-to-cover ratio is currently 20.1 days. Approximately 2.3% of the shares of the stock are sold short.
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 Monday, February 27th 2023.
View our BMO earnings forecast
.

How were Bank of Montreal's earnings last quarter?

Bank of Montreal (NYSE:BMO) released its quarterly earnings results on Friday, December, 3rd. The bank reported $2.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.52 by $0.08. The bank earned $6.57 billion during the quarter, compared to analyst estimates of $6.66 billion. Bank of Montreal had a trailing twelve-month return on equity of 14.95% and a net margin of 30.35%. The business's revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.81 EPS.

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 Thursday, December 1st. Investors of record on Monday, January 30th will be given a dividend of $1.0548 per share on Tuesday, February 28th. This represents a $4.22 annualized dividend and a yield of 4.56%. The ex-dividend date of this dividend is Friday, January 27th.
Read our dividend analysis for BMO
.

Is Bank of Montreal a good dividend stock?

Bank of Montreal (NYSE:BMO) pays an annual dividend of $4.08 per share and currently has a dividend yield of 4.33%. BMO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 26.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BMO will have a dividend payout ratio of 37.23% 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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (3.57%), TD Asset Management Inc. (2.32%), Mackenzie Financial Corp (1.81%), Toronto Dominion Bank (1.44%), CIBC Asset Management Inc (1.19%) and Connor Clark & Lunn Investment Management Ltd. (0.73%).

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 $92.56.

How much money does Bank of Montreal make?

Bank of Montreal (NYSE:BMO) has a market capitalization of $62.80 billion and generates $34.74 billion in revenue each year. The bank earns $10.52 billion in net income (profit) each year or $15.53 on an earnings per share basis.

How many employees does Bank of Montreal have?

The company employs 43,863 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.
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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 12/9/2022 by MarketBeat.com Staff