The Bank of Nova Scotia (TSE:BNS - Free Report) NYSE: BNS - Analysts at Desjardins upped their FY2025 earnings per share (EPS) estimates for Bank of Nova Scotia in a research report issued on Tuesday, February 25th. Desjardins analyst D. Young now anticipates that the bank will post earnings per share of $7.20 for the year, up from their prior estimate of $7.05. The consensus estimate for Bank of Nova Scotia's current full-year earnings is $7.13 per share.
A number of other research analysts have also issued reports on BNS. Jefferies Financial Group decreased their target price on shares of Bank of Nova Scotia from C$81.00 to C$77.00 in a research report on Tuesday, February 18th. TD Securities set a C$81.00 price target on Bank of Nova Scotia and gave the stock a "buy" rating in a research report on Tuesday. BMO Capital Markets lifted their price objective on Bank of Nova Scotia from C$72.00 to C$84.00 in a report on Monday, November 18th. Canaccord Genuity Group upgraded Bank of Nova Scotia from a "hold" rating to a "buy" rating and upped their target price for the company from C$71.00 to C$84.00 in a research report on Tuesday, November 19th. Finally, UBS Group upgraded Bank of Nova Scotia from a "hold" rating to a "strong-buy" rating in a research report on Monday, November 18th. Eight analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of C$79.09.
View Our Latest Stock Analysis on BNS
Bank of Nova Scotia Stock Performance
Shares of BNS stock traded down C$1.38 on Friday, hitting C$70.26. The company's stock had a trading volume of 6,720,736 shares, compared to its average volume of 4,533,224. Bank of Nova Scotia has a fifty-two week low of C$60.68 and a fifty-two week high of C$80.14. The company has a market capitalization of C$86.10 billion, a PE ratio of 11.10, a PEG ratio of 1.33 and a beta of 0.97. The stock's 50 day moving average is C$74.04 and its 200-day moving average is C$73.20.
Bank of Nova Scotia Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 29th. Investors of record on Tuesday, January 7th were given a dividend of $1.06 per share. This represents a $4.24 dividend on an annualized basis and a yield of 6.03%. The ex-dividend date was Tuesday, January 7th. Bank of Nova Scotia's dividend payout ratio is 67.00%.
Bank of Nova Scotia Company Profile
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The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments.
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