How to Buy Bank Of Montreal Stock
Bank Of Montreal
Bank Of Montreal is a diversified bank company located in Ontario, Canada, which is part of the Financial Services sector, and is traded under the ticker BMO on the NYSE exchange.
Bank Of Montreal stock last closed at $92.72, down 0.13% from the previous day, and has increased 4.74% in one year. It has underperformed other stocks in the Banks - Diversified industry by 0.18 percentage points. Bank Of Montreal stock is currently +25.33% from its 52-week low of $73.98, and -7.39% from its 52-week high of $100.12.
At the moment, there are 725.36M shares of BMO outstanding. The market cap of BMO is $67.26B. In the past 24 hours, 3.15M BMO shares were traded.
How to Buy Bank Of Montreal Stock
Not sure how to invest in Bank Of Montreal stock? Here's how.
- Decide where to buy Bank Of Montreal stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Bank Of Montreal stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your method of payment and add your info.
- Analyze Bank Of Montreal stock: The Bank Of Montreal ticker symbol is BMO. Is Bank Of Montreal stock a good investment? Should you buy shares of BMO? How do BMO's underlying business fundamentals look? Do top analysts think Bank Of Montreal is a good buy? Why has BMO's stock price moved recently? (Hint: Our stock market research website can help you evaluate if BMO is a good stock to buy).
- Place your BMO purchase: Decide if you will purchase BMO shares at the current market price or use a limit order to purchase BMO shares at a particular price.
- Get notifications regarding your investment in BMO: Create a watchlist to keep tabs on your new investment in Bank Of Montreal stock.
Step 1: Decide where to buy Bank Of Montreal stock
You will need a brokerage account to access the NYSE market and buy BMO stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal info so you are able to buy BMO stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start your new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've created your account on a mobile trading app, you need to deposit funds:
Watch the tutorial below for more details transferring funds into your brokerage account.
Step 4: Analyze Bank Of Montreal stock
After you have identified the best place to buy Bank Of Montreal stock, it's absolutely critical to evaluate their stock before you buy, so you truly comprehend the risk and opportunity.
Bank Of Montreal stock quick numbers
BMO Overview
WallStreetZen was created to help everyday investors do better fundamental analysis quickly.
You can view all of the due diligence checks on BMO's stock page.
Is BMO stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge BMO's true value.
Using relative valuations ratios:
- BMO could be overvalued based on its P/E ratio of 17.39x, relative to Banks - Diversified industry P/E ratio of 13.39x
- BMO may be overvalued based on its P/B ratio of 1.18x, relative to Banks - Diversified industry P/B ratio of 1.12x
You can do additional valuation research on BMO's stock here.
Is BMO a healthy company?
Pros:
- BMO earnings of $5.13B is not enough to cover its interest payments.
Cons:
- BMO has a relatively high debt to equity ratio of 16.15.
- BMO profit margin has gone down from 34.5% to 17% in the past year.
- BMO's operating cash flow of $5.98B allows it to safely service it's debt of $145.81B.
- Total BMO debt is higher than 5 years ago, relative to shareholder equity.
You can dive deeper into what analysts are forecasting on the Bank Of Montreal stock forecast page.
BMO Technical Indicators
BMO Performance Numbers
Last year, BMO earnings were $4.07B. During the past five year, BMO's earnings have gone up by -4.9% per year. This was slower than the Banks - Diversified industry average of 6.45%.
Last year, BMO revenue was $23.97B. In the last 5 year, BMO's revenue has gone up by 5.87% per year. This was faster than the Banks - Diversified industry average of 5.35%.
Dig into BMO's earnings and revenue performance here.
Are BMO executives and large shareholders buying or selling the stock?
Over the past year, executives and large shareholders at BMO have not bought or sold any shares.
Dig into more about who owns BMO shares here.
Can I get consistent income from BMO stock?
Bank Of Montreal pays a dividend of 4.69%, compared to the Banks - Diversified industry's average dividend yield of 4.66%. If you owned $1,000 worth of BMO stock, you would have been paid $46.91 in the past 12 months.
Bank Of Montreal dividend payments have consistently grown over the past decade but have not remained stable.
Get more analysis about Bank Of Montreal dividend yield and history here.
What others are saying about BMO
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your BMO purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, use a limit order.
Press the Open button and your broker will place your order.
If you need additional info about investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in BMO
Now that you own some BMO shares, you'll want to keep up with your investment.
Make a watchlist to get notified of the latest news about your BMO stock.
BMO Feed
How to Buy Stock in Bank Of Montreal
To reiterate, here are the 6 steps to buy Bank Of Montreal stock:
- Decide where to buy Bank Of Montreal stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Analyze Bank Of Montreal stock
- Place your BMO purchase
- Get notifications regarding your investment in BMO
If you are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your investment in Bank Of Montreal, click below.
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