Desjardins Issues Optimistic Forecast for TSE:BMO Earnings

Bank of Montreal (TSE:BMO) (NYSE:BMO) – Desjardins boosted their FY2025 earnings per share (EPS) estimates for Bank of Montreal in a research note issued on Tuesday, November 11th. Desjardins analyst D. Young now anticipates that the bank will earn $11.88 per share for the year, up from their prior forecast of $11.75. Desjardins has a “Hold” rating and a $165.00 price objective on the stock. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share. Desjardins also issued estimates for Bank of Montreal’s Q4 2025 earnings at $2.99 EPS, FY2026 earnings at $13.30 EPS and FY2027 earnings at $14.90 EPS.

A number of other brokerages have also recently commented on BMO. Scotiabank increased their target price on Bank of Montreal from C$169.00 to C$179.00 in a report on Friday, October 10th. CIBC raised shares of Bank of Montreal from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from C$173.00 to C$180.00 in a research report on Friday, September 5th. Royal Bank Of Canada downgraded shares of Bank of Montreal from an “outperform” rating to a “sector perform” rating and cut their target price for the stock from C$168.00 to C$163.00 in a research note on Friday, October 3rd. TD Securities upped their price objective on Bank of Montreal from C$170.00 to C$182.00 in a research report on Monday. Finally, Cibc World Mkts upgraded shares of Bank of Montreal from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$168.83.

Bank of Montreal Price Performance

BMO stock opened at C$176.88 on Thursday. Bank of Montreal has a 12 month low of C$121.31 and a 12 month high of C$182.90. The firm’s fifty day simple moving average is C$177.11 and its 200-day simple moving average is C$159.68. The company has a market capitalization of C$126.70 billion, a P/E ratio of 15.50, a price-to-earnings-growth ratio of 0.71 and a beta of 1.38.

Insider Transactions at Bank of Montreal

In related news, insider Alan Tannenbaum sold 9,824 shares of the firm’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of C$175.12, for a total transaction of C$1,720,408.35. Also, insider Steven Lloyd Tennyson sold 9,072 shares of the firm’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of C$163.89, for a total transaction of C$1,486,782.86. Following the completion of the transaction, the insider owned 21,866 shares of the company’s stock, valued at approximately C$3,583,553.14. The trade was a 29.32% decrease in their ownership of the stock. Insiders have sold a total of 35,883 shares of company stock valued at $5,989,740 over the last three months. 0.03% of the stock is currently owned by company insiders.

Bank of Montreal Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Wednesday, November 26th will be given a dividend of $1.63 per share. The ex-dividend date is Thursday, October 30th. This represents a $6.52 annualized dividend and a dividend yield of 3.7%. Bank of Montreal’s dividend payout ratio is currently 55.74%.

About Bank of Montreal

Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, U.S. P&C banking, wealth management, and capital markets.