Financial institution of Montreal (TSE:BMO – Get Score) (NYSE:BMO) – Equities researchers at Cormark minimize their Q3 2022 EPS estimates for shares of Financial institution of Montreal in a report launched on Friday, August nineteenth. Cormark analyst L. Persaud now forecasts that the financial institution will submit earnings per share of $3.17 for the quarter, down from their earlier estimate of $3.23. The consensus estimate for Financial institution of Montreal’s present full-year earnings is $14.39 per share.
A number of different equities analysts have additionally just lately commented on BMO. Nationwide Bankshares decreased their value goal on shares of Financial institution of Montreal from C$152.00 to C$151.00 in a analysis report on Tuesday, August sixteenth. Canaccord Genuity Group raised their value goal on shares of Financial institution of Montreal from C$155.00 to C$157.00 in a analysis report on Thursday, Could twenty sixth. Stifel Nicolaus raised their value goal on shares of Financial institution of Montreal from C$157.00 to C$160.00 in a analysis report on Thursday, Could twenty sixth. Keefe, Bruyette & Woods decreased their value goal on shares of Financial institution of Montreal from C$160.00 to C$146.00 in a analysis report on Monday, August eighth. Lastly, CIBC raised their value goal on shares of Financial institution of Montreal from C$142.00 to C$143.00 and gave the corporate a “impartial” score in a analysis report on Tuesday, August sixteenth. 4 equities analysis analysts have rated the inventory with a maintain score and eleven have assigned a purchase score to the corporate’s inventory. In response to MarketBeat.com, Financial institution of Montreal presently has a consensus score of “Reasonable Purchase” and a consensus value goal of C$146.71.
Financial institution of Montreal Inventory Efficiency
Financial institution of Montreal inventory opened at C$133.89 on Monday. Financial institution of Montreal has a fifty-two week low of C$118.79 and a fifty-two week excessive of C$154.47. The corporate has a market capitalization of C$90.31 billion and a PE ratio of seven.35. The agency has a 50 day shifting common value of C$126.72 and a 200 day shifting common value of C$137.03.
Financial institution of Montreal (TSE:BMO – Get Score) (NYSE:BMO) final posted its earnings outcomes on Wednesday, Could twenty fifth. The financial institution reported C$3.23 earnings per share for the quarter, beating the consensus estimate of C$3.12 by C$0.11. The corporate had income of C$9.32 billion in the course of the quarter, in comparison with analyst estimates of C$6.66 billion.
Financial institution of Montreal Will increase Dividend
The enterprise additionally just lately declared a quarterly dividend, which will probably be paid on Friday, August twenty sixth. Traders of document on Tuesday, August 2nd will probably be paid a dividend of $1.39 per share. It is a optimistic change from Financial institution of Montreal’s earlier quarterly dividend of $1.33. This represents a $5.56 annualized dividend and a yield of 4.15%. The ex-dividend date is Friday, July twenty ninth. Financial institution of Montreal’s dividend payout ratio (DPR) is at the moment 26.23%.
About Financial institution of Montreal
Financial institution of Montreal gives diversified monetary providers primarily in North America. The corporate’s private banking services and products embrace checking and financial savings accounts, bank cards, mortgages, and monetary and funding recommendation providers; and industrial banking services and products comprise enterprise deposit accounts, industrial bank cards, enterprise loans and industrial mortgages, money administration options, international trade, specialised banking applications, treasury and fee options, and danger administration merchandise for small enterprise and industrial banking prospects.
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