It’s Time To Focus On The Long Run With Bank of Montreal (BMO) stock

The price of Bank of Montreal (NYSE: BMO) closed at $90.39 in the last session, down -3.72% from day before closing price of $93.88. In other words, the price has decreased by -$3.49 from its previous closing price. On the day, 2281658 shares were traded.

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Ratios:

We take a closer look at BMO’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 1.91 whereas as Long-Term Debt/Eq ratio is at 0.51.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BMO now has a Market Capitalization of 65.29B. As of this moment, Bank’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.26, and their Forward P/E ratio for the next fiscal year is 9.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 1.29.

Stock Price History:

Over the past 52 weeks, BMO has reached a high of $100.12, while it has fallen to a 52-week low of $73.98. The 50-Day Moving Average of the stock is 95.07, while the 200-Day Moving Average is calculated to be 87.75.

Shares Statistics:

According to the various share statistics, BMO traded on average about 702.45K shares per day over the past 3-months and 764.43k shares per day over the past 10 days. A total of 720.91M shares are outstanding, with a floating share count of 720.74M. Insiders hold about 0.03% of the company’s shares, while institutions hold 50.70% stake in the company. Shares short for BMO as of Jan 31, 2024 were 17.91M with a Short Ratio of 25.49, compared to 3.93M on Dec 29, 2023.

Dividends & Splits

The forward annual dividend rate for BMO is 4.35, which was 5.80 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 6.18%, it implies a Forward Annual Dividend Yield of 4.80%. The stock’s 5-year Average Dividend Yield is 4.28. The current Payout Ratio is 101.99% for BMO, which recently paid a dividend on Feb 27, 2024 with an ex-dividend date of Jan 29, 2024. Stock splits for the company last occurred on Mar 15, 2001 when the company split stock in a 2:1 ratio.

Earnings Estimates

The company has 11 analysts who recommend its stock at the moment. On average, analysts expect EPS of $2.23 for the current quarter, with a high estimate of $2.28 and a low estimate of $2.18, while EPS last year was $2.36. The consensus estimate for the next quarter is $2.15, with high estimates of $2.24 and low estimates of $2.02.

Analysts are recommending an EPS of between $9.28 and $7.75 for the fiscal current year, implying an average EPS of $8.89. EPS for the following year is $9.44, with 11 analysts recommending between $9.96 and $6.48.

Revenue Estimates

A total of 7 analysts have provided revenue estimates for BMO’s current fiscal year. The highest revenue estimate was $26.48B, while the lowest revenue estimate was $24.75B, resulting in an average revenue estimate of $25.29B. In the same quarter a year ago, actual revenue was $21.08B, up 20.00% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $26.43B in the next fiscal year. The high estimate is $27.74B and the low estimate is $25.7B. The average revenue growth estimate for next year is up 4.50% from the average revenue estimate for this year.

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