Shares of Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) have received a consensus recommendation of “Hold” from the thirteen analysts that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$256.57.
A number of brokerages recently weighed in on BMO. TD upped their price objective on Bank of Montreal from C$239.00 to C$263.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. National Bank Financial set a C$278.00 target price on Bank of Montreal and gave the company a “sector perform” rating in a report on Monday, August 24th. Scotiabank boosted their target price on shares of Bank of Montreal from C$234.00 to C$239.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, June 16th. Keefe, Bruyette & Woods set a C$295.00 target price on shares of Bank of Montreal and gave the stock a “moderate buy” rating in a research report on Friday, August 21st. Finally, Canadian Imperial Bank of Commerce lowered their price target on shares of Bank of Montreal from C$272.00 to C$261.00 and set a “neutral” rating on the stock in a research note on Thursday, September 3rd.
Read Our Latest Research Report on BMO
Bank of Montreal Stock Down 0.6%
Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) last released its earnings results on Tuesday, August 25th. The bank reported C$3.96 earnings per share (EPS) for the quarter. The company had revenue of C$9.96 billion for the quarter. Bank of Montreal had a return on equity of 10.58% and a net margin of 11.75%. Analysts expect that Bank of Montreal will post 9.6514585 EPS for the current year.
Bank of Montreal Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 26th. Investors of record on Wednesday, August 26th were issued a dividend of $1.71 per share. This is an increase from Bank of Montreal’s previous quarterly dividend of $1.67. This represents a $6.84 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Thursday, July 30th. Bank of Montreal’s payout ratio is presently 54.44%.
Insiders Place Their Bets
In other Bank of Montreal news, insider Deland Kamanga sold 9,064 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of C$237.65, for a total transaction of C$2,154,059.60. Also, insider Mona Elizabeth Malone sold 7,000 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of C$242.51, for a total transaction of C$1,697,570.00. Following the completion of the transaction, the insider directly owned 1,758 shares of the company’s stock, valued at approximately C$426,332.58. This trade represents a 79.93% decrease in their ownership of the stock. Over the last three months, insiders have sold 47,999 shares of company stock worth $11,410,325. 0.03% of the stock is owned by company insiders.
About Bank of Montreal
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of July 31, 2026. Serving clients for more than 200 years, BMO provides a broad range of personal and commercial banking, wealth management, global markets, and investment banking products and services across Canada, the United States, and select markets globally. BMO is innovating for business value, by deploying and integrating human, digital and artificial intelligence to personalize client experiences, augment teams, and automate its business responsibly.
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