Media headlines about Bank of Montreal (NYSE:BMO) (TSE:BMO) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bank of Montreal earned a news impact score of 0.07 on Accern’s scale. Accern also gave news stories about the bank an impact score of 46.9077477491671 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Zacks Investment Research Downgrades Bank of Montreal (BMO) to Hold (americanbankingnews.com)
- BMO Financial Group 2017 Environmental, Social and Governance Report and Public Accountability Statement Now Available Online (finance.yahoo.com)
- BMO says SmartFolio changes paying off amid roboadviser rivalries (thestarphoenix.com)
- Bank of Montreal to Redeem $900,000,000 6.17% Series F Medium-Term Notes First Tranche (prnewswire.com)
- Noted banker Egizio Bianchini exits BMO, shaking up mining shop – The Globe and Mail (theglobeandmail.com)
Bank of Montreal (BMO) opened at $75.64 on Monday. The firm has a market cap of $49,000.83, a price-to-earnings ratio of 12.50, a PEG ratio of 1.60 and a beta of 1.04. Bank of Montreal has a 52-week low of $66.75 and a 52-week high of $84.71. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.13.
Bank of Montreal (NYSE:BMO) (TSE:BMO) last posted its quarterly earnings data on Tuesday, December 5th. The bank reported $1.55 EPS for the quarter, missing the consensus estimate of $1.58 by ($0.03). Bank of Montreal had a net margin of 19.00% and a return on equity of 14.11%. The company had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.25 billion. research analysts anticipate that Bank of Montreal will post 6.84 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 27th. Stockholders of record on Thursday, February 1st will be paid a dividend of $0.733 per share. The ex-dividend date of this dividend is Wednesday, January 31st. This is a positive change from Bank of Montreal’s previous quarterly dividend of $0.72. This represents a $2.93 annualized dividend and a dividend yield of 3.88%. Bank of Montreal’s payout ratio is currently 48.43%.
Several analysts have recently weighed in on the stock. Canaccord Genuity reaffirmed a “hold” rating and set a $105.00 price objective on shares of Bank of Montreal in a report on Tuesday, December 5th. Zacks Investment Research lowered shares of Bank of Montreal from a “buy” rating to a “hold” rating in a report on Thursday. Macquarie started coverage on shares of Bank of Montreal in a report on Tuesday, October 24th. They issued a “neutral” rating and a $81.00 price target for the company. Finally, Scotiabank reaffirmed a “buy” rating and set a $112.00 target price on shares of Bank of Montreal in a report on Wednesday, November 22nd. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $98.60.
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Bank of Montreal Company Profile
Bank of Montreal (the Bank) is a financial services provider. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets.
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