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How to buy Bank of Montreal stock | $101.27

Learn how to easily invest in Bank of Montreal stock.

Bank of Montreal
NYSE: BMO - USD
BANKS-DIVERSIFIED
$99.70
-$1.67 (-1.65%)

Bank of Montreal (BMO) is a leading banks-diversified business based in the US. It opened the day at $100.98 after a previous close of $99.70. During the day the price has varied from a low of $100.25 to a high of $102.03. The latest price was $101.27 (25 minute delay). Bank of Montreal is listed on the NYSE and employs 43,360 staff. All prices are listed in US Dollars.

How to buy shares in Bank of Montreal

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – BMO – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Bank of Montreal stock price (NYSE: BMO)

Use our graph to track the performance of BMO stocks over time.

Bank of Montreal shares at a glance

Information last updated 2021-07-09.
Open$100.98
High$102.03
Low$100.25
Close$101.27
Previous close$99.70
Change $1.57
Change % 1.5747%
Volume 910,511
Information last updated 2021-07-30.
52-week range$52.77 - $106.88
50-day moving average $101.76
200-day moving average $92.11
Wall St. target price$85.95
PE ratio 13.959
Dividend yield $4.24 (4.23%)
Earnings per share (TTM) $7.26

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Bank of Montreal stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Bank of Montreal price performance over time

Historical closes compared with the close of $101.27 from 2021-05-28

1 week (2021-07-21) N/A
1 month (2021-07-01) -2.08%
3 months (2021-04-30) 7.35%
6 months (2021-01-28) N/A
1 year (2020-07-28) N/A
2 years (2019-07-28) N/A
3 years (2018-07-28) N/A
5 years (2016-07-28) N/A

Is Bank of Montreal under- or over-valued?

Valuing Bank of Montreal stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Bank of Montreal's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Bank of Montreal's P/E ratio

Bank of Montreal's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Bank of Montreal shares trade at around 14x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Bank of Montreal's PEG ratio

Bank of Montreal's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.5. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Bank of Montreal's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Bank of Montreal financials

Revenue TTM $24.5 billion
Operating margin TTM 38.33%
Gross profit TTM $22.2 billion
Return on assets TTM 0.63%
Return on equity TTM 11.08%
Profit margin 25.08%
Book value $79.67
Market capitalisation $65.6 billion

TTM: trailing 12 months

Shorting Bank of Montreal shares

There are currently 3.7 million Bank of Montreal shares held short by investors – that's known as Bank of Montreal's "short interest". This figure is 20.5% down from 4.6 million last month.

There are a few different ways that this level of interest in shorting Bank of Montreal shares can be evaluated.

Bank of Montreal's "short interest ratio" (SIR)

Bank of Montreal's "short interest ratio" (SIR) is the quantity of Bank of Montreal shares currently shorted divided by the average quantity of Bank of Montreal shares traded daily (recently around 629359.89761092). Bank of Montreal's SIR currently stands at 5.86. In other words for every 100,000 Bank of Montreal shares traded daily on the market, roughly 5860 shares are currently held short.

However Bank of Montreal's short interest can also be evaluated against the total number of Bank of Montreal shares, or, against the total number of tradable Bank of Montreal shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Bank of Montreal's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Bank of Montreal shares in existence, roughly 10 shares are currently held short) or 0.0057% of the tradable shares (for every 100,000 tradable Bank of Montreal shares, roughly 6 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Bank of Montreal.

Find out more about how you can short Bank of Montreal stock.

Bank of Montreal's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Bank of Montreal.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Bank of Montreal's total ESG risk score

Total ESG risk: 18.57

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Bank of Montreal's overall score of 18.57 (as at 12/31/2018) is pretty good – landing it in it in the 26th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Bank of Montreal is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Bank of Montreal's environmental score

Environmental score: 0.55/100

Bank of Montreal's social score

Social score: 8.36/100

Bank of Montreal's governance score

Governance score: 6.25/100

Bank of Montreal's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Bank of Montreal scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Bank of Montreal has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Bank of Montreal was last rated for ESG on: 2019-01-01.

Total ESG score 18.57
Total ESG percentile 26.44
Environmental score 0.55
Social score 8.36
Governance score 6.25
Level of controversy 2

Bank of Montreal share dividends

40%

Dividend payout ratio: 40.33% of net profits

Recently Bank of Montreal has paid out, on average, around 40.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.51% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Bank of Montreal shareholders could enjoy a 3.51% return on their shares, in the form of dividend payments. In Bank of Montreal's case, that would currently equate to about $4.24 per share.

While Bank of Montreal's payout ratio might seem fairly standard, it's worth remembering that Bank of Montreal may be investing much of the rest of its net profits in future growth.

Bank of Montreal's most recent dividend payout was on 25 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 1 August 2021 (the "ex-dividend date").

Have Bank of Montreal's shares ever split?

Bank of Montreal's shares were split on a 2:1 basis on 14 March 2001. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Bank of Montreal shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Bank of Montreal shares which in turn could have impacted Bank of Montreal's share price.

Bank of Montreal share price volatility

Over the last 12 months, Bank of Montreal's shares have ranged in value from as little as $52.7736 up to $106.88. A popular way to gauge a stock's volatility is its "beta".

BMO.US volatility(beta: 1.18)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Bank of Montreal's is 1.1834. This would suggest that Bank of Montreal's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Bank of Montreal overview

Bank of Montreal provides diversified financial services primarily in North America. The company's personal banking products and services include checking and savings accounts, credit cards, mortgages, and financial and investment advice services; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, specialized banking programs, treasury and payment solutions, and risk management products for small business and commercial banking customers. It also offers investment and wealth advisory services; digital investing services; financial services and solutions; and investment management, and trust and custody services to institutional, retail, and high net worth investors. In addition, the company provides life insurance, accident and sickness insurance, and annuity products; creditor and travel insurance to bank customers; and reinsurance solutions. Further, it offers client's debt and equity capital-raising services, as well as loan origination and syndication, balance sheet management, and treasury management; strategic advice on mergers and acquisitions, restructurings, and recapitalizations, as well as valuation and fairness opinions; and trade finance, risk mitigation, and other operating services. Additionally, the company provides research and access to markets for institutional, corporate, and retail clients; trading solutions that include debt, foreign exchange, interest rate, credit, equity, securitization and commodities; new product development and origination services, as well as risk management advice and services to hedge against fluctuations; and funding and liquidity management services to its clients. It operates through approximately 1,400 bank branches and 4,800 automated banking machines in Canada and the United States.

Frequently asked questions

What percentage of Bank of Montreal is owned by insiders or institutions?
Currently 0.045% of Bank of Montreal shares are held by insiders and 49.034% by institutions.
How many people work for Bank of Montreal?
Latest data suggests 43,360 work at Bank of Montreal.
When does the fiscal year end for Bank of Montreal?
Bank of Montreal's fiscal year ends in October.
Where is Bank of Montreal based?
Bank of Montreal's address is: 129 rue Saint Jacques, Montreal, QC, Canada, H2Y 1L6
What is Bank of Montreal's ISIN number?
Bank of Montreal's international securities identification number is: CA0636711016
What is Bank of Montreal's CUSIP number?
Bank of Montreal's Committee on Uniform Securities Identification Procedures number is: 063671101

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