|Bid||105.48 x 0|
|Ask||105.49 x 0|
|Day's Range||105.08 - 105.73|
|52 Week Range||86.25 - 109.00|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||11.69|
|Earnings Date||May 29, 2019|
|Forward Dividend & Yield||4.00 (4.00%)|
|1y Target Est||109.92|
BMO Asset Management Inc. Announces Cash Distributions for Certain BMO Exchange Traded Funds
"In recent days the stocks have behaved more like they did in the dark days of 2008-2010, when we were dealing with relentless EPS guidance cuts, a global stock market meltdown, a severe global economic recession, and a deeply unsettling ACA sausage-making process in D.C.," Stephens analyst Scott Fidel wrote in a note, after the insurance stocks, along with hospitals, lost $28 billion in market value on Tuesday. The S&P 500 Managed Health Care Index extended its slump on Wednesday, falling another 5.5 percent, led by losses in Anthem Inc., UnitedHealth Group Inc., Centene Corp. and Humana Inc. The benchmark is now down 13 percent for the year, significantly underperforming the broader market. Despite slashing their price targets on industry bellwether UnitedHealth as political concerns outweighed an earnings beat, some analysts -- chief among them those at Goldman Sachs -- remain optimistic that the sell-off will stop well before November 2020.
Yields on 10-year notes rose to 2.585 percent on Tuesday, the highest level since the Federal Open Market Committee’s surprisingly dovish policy shift on March 20. The Fed’s revised projections for interest rates led traders to position more aggressively for a recession, sending 10-year yields as low as 2.338 percent on March 28. This has reassured investors that the Fed means what it says: It will be patient with its next move on rates after three years of hikes.
BMO Financial Group Becomes First Canadian Bank to Sign The UN Women's Empowerment Principles
BMO Global Asset Management has appointed Jürgen Florack as managing director and head of sales for institutional clients in Germany. Mr Florack succeeds Claus Heidrich who is retiring. BMO Global Asset ...
(Bloomberg) -- The bonds issued by Saudi Aramco in this week’s unprecedented offering sank for a second day, marking a quick sell-off that calls into question the depth of the deal’s $100 billion of investor orders.
Moody's Investors Service ("Moody's") has assigned provisional ratings of (P)P-1 (sf) to the Class A-1 notes, (P)Aaa (sf) to the Class A-2a, A-2b, A-3 and A-4 notes, (P)Aa3 (sf) to Class B notes and (P)Baa2 (sf) to Class C notes to be issued by Canadian Pacer Auto Receivables Trust 2019-1 (CPART 2019-1). This is the fourth term auto loan-backed transaction sponsored by Bank of Montreal (BMO). The ratings are primarily based on an analysis of the credit quality of the collateral pool and its expected performance, the servicing ability of BMO, and the level of credit enhancement available under the proposed capital structure.
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Bank of Montreal has revamped its ...
National Bank of Canada was quick to defend bank stocks shortly after Steve Eisman said this week he’s shorting Royal Bank of Canada, Canadian Imperial Bank of Commerce, and Laurentian Bank of Canada. Eisman, the money manager who foresaw the collapse of the U.S. housing market, is now predicting a “20 percent plus" decline for Canadian bank stocks as credit conditions “normalize” and loan losses jump.
NEW YORK, April 10, 2019 /PRNewswire/ - REX Shares, LLC (REX) has announced another expansion of their MicroSectors™ brand with the launch of a suite of Leveraged and Inverse Leveraged (L&I) Exchange Traded Notes (the ETNs). The ETNs are linked to the Solactive MicroSectors™ U.S. Big Oil Index (the Index) and will be issued by Bank of Montreal.
Bank of Montreal NYSE:BMOView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for BMO with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BMO. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding BMO are favorable with net inflows of $24.57 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
TORONTO , NEW YORK , and LONDON , April 8, 2019 /PRNewswire/ - BMO Capital Markets today announced that Deland Kamanga has been appointed Head, Global Trading Products, effective immediately. "Deland ...
TORONTO , April 8, 2019 /CNW/ - Bank of Montreal (TSX, NYSE: BMO) today announced that, as a result of strong investor demand for its previously announced domestic public offering of Non-Cumulative 5-year Rate Reset Class B Preferred Shares Series 46 (Non-Viability Contingent Capital (NVCC)) (the "Preferred Shares Series 46"), the size of the offering has been increased to 14 million shares. As announced earlier today, the offering will be underwritten on a bought deal basis by a syndicate led by BMO Capital Markets. The net proceeds from the offering will be used by the Bank for general banking purposes.
TORONTO , April 8, 2019 /CNW/ - Bank of Montreal (BMO.TO)(BMO) today announced a domestic public offering of $250 million of Non-Cumulative 5-Year Rate Reset Class B Preferred Shares Series 46 (Non-Viability Contingent Capital (NVCC)) (the "Preferred Shares Series 46"). The offering will be underwritten on a bought-deal basis by a syndicate of underwriters led by BMO Capital Markets. The Bank has granted to the underwriters an option to purchase up to an additional $50 million of the Preferred Shares Series 46 exercisable at any time up to 48 hours before closing.
(Bloomberg) -- President Donald Trump called on the Federal Reserve to open the monetary floodgates to turn the world’s largest economy into a “rocket ship.”
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the m...
NEW YORK, April 3, 2019 /PRNewswire/ - REX Shares, LLC (REX) has announced an expansion of their MicroSectors™ brand with the launch of a suite of Leveraged and Inverse Leveraged Exchange Traded Notes (the ETNs). The ETNs are linked to the Solactive MicroSectors™ U.S. Big Banks Index (the Index) and will be issued by Bank of Montreal.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Bank of Montreal and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
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