BMO Stock Summary and Trading Ideas (Bank Of Montreal | NYSE:BMO)

Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, U.S. P&C banking, wealth management, and capital markets. The bank's operations are primarily in Canada, with a material portion also in the U.S.

Bank Of Montreal trades on the NYSE stock market under the symbol BMO.

As of April 18, 2024, BMO stock price climbed to $91.01 with 700,610 million shares trading.

BMO has a beta of 1.21, meaning it tends to be more sensitive to market movements. BMO has a correlation of 0.40 to the broad based SPY ETF.

BMO has a market cap of $66.02 billion. This is considered a Large Cap stock.

Last quarter Bank Of Montreal reported $6 billion in Revenue and $1.88 earnings per share. This fell short of revenue expectation by $-573 million and missed earnings estimates by -$.35.

In the last 3 years, BMO stock traded as high as $122.77 and as low as $73.98.

The top ETF exchange traded funds that BMO belongs to (by Net Assets): FVD, DFIV, DFIC, DFAI, DFAX.

BMO has underperformed the market in the last year with a price return of +4.8% while the SPY ETF gained +22.3%. BMO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.1% and -6.1%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

BMO support price is $89.85 and resistance is $92.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BMO stock will trade within this expected range on the day.