NYSE:BMO

Bank of Montreal Stock Forecast, Price & News

$79.07

+0.33 (+0.42 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$77.71

Now: $79.07▼

$79.10

50-Day Range

$72.72

MA: $76.25▼

$78.74

52-Week Range

$38.31

Now: $79.07▼

$79.93

Volume794,164 shs

Average Volume366,853 shs

Market Capitalization$51.08 billion

P/E Ratio14.04

Dividend Yield4.07%

Beta1.29

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 to institutional, retail, and high net worth investors. 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, balance sheet management, 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 1,400 bank branches and 4,800 automated banking machines in Canada and the United States. The company was founded in 1817 and is headquartered in Montreal, Canada.

MarketRank^™

Overall MarketRank^™

2.14 out of 5 stars

Finance Sector

148th out of 1,705 stocks

Commercial Banks, Not Elsewhere Classified Industry

5th out of 71 stocks

2.1 Analyst's Opinion

Consensus Rating
Bank of Montreal has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 2 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $83.25, Bank of Montreal has a forecasted upside of 5.3% from its current price of $79.07.
Amount of Analyst Coverage
Bank of Montreal has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Community Rank

Outperform Votes
Bank of Montreal has received 495 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Bank of Montreal has received 714 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Bank of Montreal has received 59.06% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Bank of Montreal and other stocks. Vote “Outperform” if you believe BMO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BMO will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Bank of Montreal is a leading dividend payer. It pays a dividend yield of 4.07%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Bank of Montreal has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Bank of Montreal is 55.50%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Bank of Montreal will have a dividend payout ratio of 44.54% next year. This indicates that Bank of Montreal will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bank of Montreal insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Bank of Montreal is held by insiders.
Percentage Held by Institutions
39.18% of the stock of Bank of Montreal is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Bank of Montreal are expected to grow by 10.19% in the coming year, from $6.48 to $7.14 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bank of Montreal is 14.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bank of Montreal is 14.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.66.
Price to Earnings Growth Ratio
Bank of Montreal has a PEG Ratio of 1.50. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Bank of Montreal has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Commercial banks, not elsewhere classified

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:BMO

Previous Symbol

CUSIPN/A

CIK927971

Webwww.bmo.com

Phone416-867-6785

Employees43,360

Debt

Debt-to-Equity Ratio0.17

Current Ratio0.98

Quick Ratio0.98

Price-To-Earnings

Trailing P/E Ratio14.04

Forward P/E Ratio12.20

P/E Growth1.5

Sales & Book Value

Annual Sales$25.68 billion

Price / Sales1.99

Cash Flow$7.00 per share

Price / Cash Flow11.29

Book Value$57.57 per share

Price / Book1.37

Profitability

EPS (Most Recent Fiscal Year)$5.73

Net Income$3.79 billion

Net Margins14.82%

Return on Equity10.69%

Return on Assets0.55%

Miscellaneous

Outstanding Shares646,000,000

Market Cap$51.08 billion

Next Earnings Date2/23/2021 (Estimated)

OptionableOptionable

$79.07

+0.33 (+0.42 %)

(As of 01/15/2021 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 price been impacted by Coronavirus?

Bank of Montreal's stock was trading at $52.66 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BMO stock has increased by 50.2% and is now trading at $79.07.
View which stocks have been most impacted by COVID-19.

Is Bank of Montreal a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of Montreal in the last year. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Bank of Montreal stock. 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 analyst ratings for Bank of Montreal or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Bank of Montreal?

Wall Street analysts have given Bank of Montreal a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Bank of Montreal wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Bank of Montreal's next earnings date?

Bank of Montreal is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Bank of Montreal.

How were Bank of Montreal's earnings last quarter?

Bank of Montreal (NYSE:BMO) posted its quarterly earnings results on Monday, November, 30th. The bank reported $2.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.91 by $0.50. The bank had revenue of $5.99 billion for the quarter, compared to analyst estimates of $5.86 billion. Bank of Montreal had a return on equity of 10.69% and a net margin of 14.82%. Bank of Montreal's revenue was down 1.7% compared to the same quarter last year. During the same quarter last year, the company earned $2.43 earnings per share.
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, December 1st. Investors of record on Monday, February 1st will be given a dividend of $0.796 per share on Friday, February 26th. This represents a $3.18 annualized dividend and a yield of 4.03%. The ex-dividend date of this dividend is Friday, January 29th. This is a positive change from Bank of Montreal's previous quarterly dividend of $0.79.
View Bank of Montreal's dividend history.

Is Bank of Montreal a good dividend stock?

Bank of Montreal pays an annual dividend of $3.18 per share and currently has a dividend yield of 4.07%. BMO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Bank of Montreal does not yet have a strock track record of dividend growth. The dividend payout ratio of Bank of Montreal is 55.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Bank of Montreal will have a dividend payout ratio of 44.54% next year. This indicates that Bank of Montreal will be able to sustain or increase its dividend.
View Bank of Montreal's dividend history.

What price target have analysts set for BMO?

9 Wall Street analysts have issued 1-year target prices for Bank of Montreal's stock. Their forecasts range from $53.00 to $108.00. On average, they expect Bank of Montreal's share price to reach $83.25 in the next year. This suggests a possible upside of 5.3% from the stock's current price.
View analysts' price targets for Bank of Montreal or view Wall Street analyst' top-rated stocks.

Are investors shorting Bank of Montreal?

Bank of Montreal saw a decrease in short interest in December. As of December 31st, there was short interest totaling 4,490,000 shares, a decrease of 17.8% from the December 15th total of 5,460,000 shares. Based on an average daily trading volume, of 550,100 shares, the days-to-cover ratio is presently 8.2 days. Approximately 0.7% of the shares of the stock are short sold.
View Bank of Montreal's Short Interest.

Who are some of Bank of Montreal's key competitors?

Some companies that are related to Bank of Montreal include HDFC Bank (HDB), Royal Bank of Canada (RY), Commonwealth Bank of Australia (CMWAY), The Toronto-Dominion Bank (TD), BNP Paribas (BNPQY), Mitsubishi UFJ Financial Group (MUFG), Banco Santander (SAN), Westpac Banking (WBK), ICICI Bank (IBN), Sumitomo Mitsui Financial Group (SMFG), Canadian Imperial Bank of Commerce (CM), ING Groep (ING), Hang Seng Bank (HSNGY), Crédit Agricole (CRARY) and Barclays (BCS).
View all of BMO's 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 Co. (IFC.TO) (IFC), Constellation Software Inc. (CSU.TO) (CSU), AbbVie (ABBV), Alimentation Couche-Tard (ATD.B), The Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), AutoCanada Inc. (ACQ.TO) (ACQ), AT&T (T), The 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 48)
Mr. Thomas E. Flynn, Chief Financial Officer
Mr. David Robert Casper, Group Head of North America Commercial Banking
Mr. Cameron Fowler, Chief Strategy & Operations Officer
Mr. Daniel Barclay, Head of BMO Capital Markets
Mr. Steve Tennyson, Chief Technology & Operations Officer
Ms. Jill Homenuk CFA, Head of Investor Relations
Mr. Simon A. Fish, Gen. Counsel (Age 59)
Ms. Catherine Margaret Roche, Head of Marketing & Strategy
Ms. Mona Malone, Chief HR Officer and Head of People & Culture

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 number of retail and institutional investors. Top institutional investors include Cardinal Capital Management Inc. (0.23%), Pinnacle Financial Partners Inc. (0.02%), Crossmark Global Holdings Inc. (0.01%), Davis Rea LTD. (0.00%), Iron Horse Wealth Management LLC (0.00%) and Huntington National Bank (0.00%).

Which institutional investors are selling Bank of Montreal stock?

BMO stock was sold by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., Pinnacle Financial Partners Inc., Crossmark Global Holdings Inc., and Huntington National Bank.

Which institutional investors are buying Bank of Montreal stock?

BMO stock was acquired by a variety of institutional investors in the last quarter, including Iron Horse Wealth Management LLC, and Davis Rea LTD..

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 WeBull, 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 $79.07.

How big of a company is Bank of Montreal?

Bank of Montreal has a market capitalization of $51.08 billion and generates $25.68 billion in revenue each year. The bank earns $3.79 billion in net income (profit) each year or $5.73 on an earnings per share basis. Bank of Montreal employs 43,360 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 1/17/2021 by MarketBeat.com Staff

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