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Bank Of Montreal (BMO)
NYSE:BMO
Bank Of Montreal (BMO) Stock Price & Analysis
1,465 Followers
BMO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$72.25 - $97.81
Previous Close$83.17
Volume1.04M
Average Volume (3M)843.17K
Market Cap
$60.62B
Enterprise Value$60.64B
Total Cash (Recent Filing)C$0.00
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)13.8
Beta1.08
Next Earnings
Aug 27, 2024EPS Estimate
$2.08Next Dividend Ex-Date
Jul 30, 2024Dividend Yield5.26%
Share Statistics
EPS (TTM)6.01
Shares Outstanding729,253,099
10 Day Avg. Volume541,222
30 Day Avg. Volume843,166
Standard Deviation0.08
R-Squared0.52
Alpha-0.00331
Financial Highlights & Ratios
Price to Book (P/B)1.69
Price to Sales (P/S)2.02
Price to Cash Flow (P/CF)5.30
P/FCF Ratio1.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$106.72Price Target Upside26.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Bank Of Montreal News
PremiumCompany Announcements
Bank of Montreal Issues $1B Subordinated Notes
PremiumCompany Announcements
Bank of Montreal Issues GBP 350M Senior Notes
PremiumCompany Announcements
Bank of Montreal Plans Market Stabilization
Bulls Say, Bears Say
Bulls Say
Capital PositionBMO’s CET1 ratio of 13.1% was better than the anticipated 12.8%, providing the firm ample flexibility for acquisitions and capital returns.
Financial PerformanceBMO posted positive operating leverage at the all-bank level, with expectations to continue this trend in the second half of FY24.
Growth OpportunitiesDespite estimate reductions post Q2, there are opportunities for BMO to drive outsized earnings growth over the medium term, particularly through Bank of the West.
Bears Say
Credit ChallengesCredit challenges drive elevated PCL guidance. Impaired PCLs of 41bps in the quarter were significantly above both consensus and Q1 levels driven by a stark increase in US Commercial Banking and a one-time provision in Capital Markets.
EarningsHigher impaired PCLs drove the cash EPS miss and, more importantly, management suggested the impaired PCL rate could remain around this level in the next two quarters.
Financial PerformanceUS P&C banking adjusted PTPP earnings fell short of our estimate, driven by lower NIMs and higher expenses.
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Ownership Overview
0.29% Insiders
4.06% Mutual Funds
36.34% Other Institutional Investors
59.31% Public Companies and Individual Investors
BMO FAQ
What was Bank Of Montreal’s price range in the past 12 months?
Bank Of Montreal lowest stock price was $72.25 and its highest was $97.81 in the past 12 months.
What is Bank Of Montreal’s market cap?
Currently, no data Available
When is Bank Of Montreal’s upcoming earnings report date?
Bank Of Montreal’s upcoming earnings report date is Aug 27, 2024 which is in 55 days.
How were Bank Of Montreal’s earnings last quarter?
Bank Of Montreal released its earnings results on May 29, 2024. The company reported $1.885 earnings per share for the quarter, missing the consensus estimate of $2.015 by -$0.13.
Is Bank Of Montreal overvalued?
According to Wall Street analysts Bank Of Montreal’s price is currently Undervalued.
Does Bank Of Montreal pay dividends?
Bank Of Montreal pays a Quarterly dividend of $1.13 which represents an annual dividend yield of 5.26%. See more information on Bank Of Montreal dividends here
What is Bank Of Montreal’s EPS estimate?
Bank Of Montreal’s EPS estimate is $2.08.
How many shares outstanding does Bank Of Montreal have?
Bank Of Montreal has 725,443,660 shares outstanding.
What happened to Bank Of Montreal’s price movement after its last earnings report?
Bank Of Montreal reported an EPS of $1.885 in its last earnings report, missing expectations of $2.015. Following the earnings report the stock price went down -9.5%.
Which hedge fund is a major shareholder of Bank Of Montreal?
Currently, no hedge funds are holding shares in BMO
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Bank Of Montreal Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$106.72 (26.60% Upside)
$106.72 (26.60% Upside)
Blogger Sentiment
Bullish
BMO Sentiment 100%
Sector Average 68%
Sector Average 68%
Crowd Wisdom
Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.22%
12-Months-Change
Fundamentals
Return on Equity
8.07%
Trailing 12-Months
Asset Growth
8.44%
Trailing 12-Months
Company Description
Bank Of Montreal
Bank of Montreal is a Canadian multinational bank and financial services company. It provides personal and commercial banking, lending, mortgages, credit cards and investment advice services. The company also offers specialized banking programs, treasury and payment solutions, risk management products, foreign exchange and cash management solutions to small business and commercial banking customers.
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BMO Company Deck
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BMO Earnings Call
Q2 2024
0:00 / 0:00
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BMO Stock 12 Month Forecast
Average Price Target
$106.72
▲(26.60% Upside)
Technical Analysis
Toronto Dominion Bank
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Royal Bank Of Canada
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Canadian Bank of Commerce
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Bank Of Nova Scotia
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Best Analysts Covering BMO
1 Year
1 Year Success Rate
15/24 ratings generated profit
1 Year Average Return
+6.95%
reiterated a buy rating 14 days ago
Copying Gabriel Dechaine's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of +6.95% per trade.
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