NYSE:BMO - Bank of Montreal Stock Price, Forecast & News

Bank of Montreal trades on the New York Stock Exchange (NYSE) under the ticker symbol "BMO."

Bank of Montreal announced a quarterly dividend on Tuesday, February 25th. Shareholders of record on Friday, May 1st will be paid a dividend of $0.801 per share on Tuesday, May 26th. This represents a $3.20 annualized dividend and a yield of 4.72%. The ex-dividend date is Thursday, April 30th. This is a boost from Bank of Montreal's previous quarterly dividend of $0.80. View Bank of Montreal's Dividend History.

Bank of Montreal (NYSE:BMO) released its earnings results on Tuesday, February, 25th. The bank reported $2.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters' 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%. Bank of Montreal's revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the company earned $2.32 earnings per share. View Bank of Montreal's Earnings History.

Bank of Montreal is scheduled to release their next quarterly earnings announcement on Wednesday, June 3rd 2020. View Earnings Estimates for Bank of Montreal.

10 brokerages have issued 12 month price targets for Bank of Montreal's shares. Their forecasts range from $94.00 to $109.00. On average, they expect Bank of Montreal's share price to reach $103.75 in the next year. This suggests a possible upside of 52.8% from the stock's current price. View Analyst Price Targets for Bank of Montreal.

10 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bank of Montreal.

News coverage about BMO stock has been trending very negative on Saturday, according to InfoTrie. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Bank of Montreal earned a news sentiment score of -4.0 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for Bank of Montreal.

Bank of Montreal saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 10,400,000 shares, an increase of 163.3% from the January 30th total of 3,950,000 shares. Based on an average daily volume of 536,600 shares, the short-interest ratio is currently 19.4 days. Currently, 1.6% of the shares of the stock are short sold. View Bank of Montreal's Current Options Chain.

Some companies that are related to Bank of Montreal include Royal Bank of Canada (RY), HDFC Bank (HDB), Toronto-Dominion Bank (TD), Mitsubishi UFJ Financial Group (MUFG), BNP PARIBAS/S (BNPQY), Banco Santander (SAN), Westpac Banking (WBK), ANZ (ANZBY), ICICI Bank (IBN), Lloyds Banking Group (LYG), Sumitomo Mitsui Financial Grp (SMFG), HANG SENG BK LT/S (HSNGY), ING Groep (ING), Boc Hong Kong (BHKLY) and Canadian Imperial Bank of Commerce (CM).

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), AutoCanada (ACQ), Verizon Communications (VZ), AT&T (T), Toronto-Dominion Bank (TD), Bank of America (BAC) and Royal Bank of Canada (RY).

Bank of Montreal's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Wealth Quarterback LLC (9.96%), TD Asset Management Inc. (2.21%), Toronto Dominion Bank (1.93%), CIBC World Markets Inc. (1.69%), Beutel Goodman & Co Ltd. (1.03%) and Capital Research Global Investors (0.88%).

BMO stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Intact Investment Management Inc., TD Asset Management Inc., Bank of New York Mellon Corp, Connor Clark & Lunn Investment Management Ltd., Franklin Resources Inc., Letko Brosseau & Associates Inc. and Massachusetts Financial Services Co. MA.

BMO stock was purchased by a variety of institutional investors in the last quarter, including Wealth Quarterback LLC, MUFG Securities EMEA plc, M&G Investment Management Ltd., CIBC World Markets Inc., Value Partner Investments Inc., Fiera Capital Corp, Cardinal Capital Management Inc. and Toronto Dominion Bank.

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.

One share of BMO stock can currently be purchased for approximately $67.88.

Bank of Montreal has a market capitalization of $43.42 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.View Additional Information About Bank of Montreal.

The official website for Bank of Montreal is http://www.bmo.com/.

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]