The Bank of Nova Scotia (NYSE:BNS - Free Report) TSE: BNS - Research analysts at Desjardins decreased their Q2 2025 earnings per share estimates for shares of Bank of Nova Scotia in a research note issued on Tuesday, February 25th. Desjardins analyst D. Young now forecasts that the bank will earn $1.14 per share for the quarter, down from their previous estimate of $1.23. The consensus estimate for Bank of Nova Scotia's current full-year earnings is $4.91 per share. Desjardins also issued estimates for Bank of Nova Scotia's Q3 2025 earnings at $1.34 EPS, Q4 2025 earnings at $1.34 EPS and FY2026 earnings at $5.57 EPS.
BNS has been the topic of a number of other research reports. Royal Bank of Canada reduced their price objective on shares of Bank of Nova Scotia from $83.00 to $81.00 and set a "sector perform" rating for the company in a research report on Wednesday. Bank of America upgraded shares of Bank of Nova Scotia from a "neutral" rating to a "buy" rating in a research report on Tuesday, November 19th. Canaccord Genuity Group raised Bank of Nova Scotia from a "hold" rating to a "buy" rating in a report on Tuesday, November 19th. UBS Group upgraded shares of Bank of Nova Scotia from a "neutral" rating to a "buy" rating in a research report on Monday, November 18th. Finally, Canaccord Genuity Group upgraded shares of Bank of Nova Scotia from a "hold" rating to a "buy" rating in a research report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $75.50.
View Our Latest Analysis on Bank of Nova Scotia
Bank of Nova Scotia Trading Down 0.2 %
BNS stock traded down $0.08 during mid-day trading on Thursday, reaching $49.61. The company's stock had a trading volume of 2,557,755 shares, compared to its average volume of 1,873,909. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59. The company has a market cap of $61.79 billion, a price-to-earnings ratio of 11.48, a price-to-earnings-growth ratio of 1.16 and a beta of 1.07. The business's 50 day moving average price is $51.64 and its 200 day moving average price is $52.43. Bank of Nova Scotia has a 12 month low of $43.67 and a 12 month high of $57.07.
Bank of Nova Scotia Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Tuesday, April 1st will be given a $0.7415 dividend. This represents a $2.97 dividend on an annualized basis and a yield of 5.98%. The ex-dividend date of this dividend is Tuesday, April 1st. Bank of Nova Scotia's dividend payout ratio (DPR) is presently 82.20%.
Institutional Investors Weigh In On Bank of Nova Scotia
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in Bank of Nova Scotia by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 51,363,146 shares of the bank's stock worth $2,758,150,000 after purchasing an additional 969,488 shares in the last quarter. Toronto Dominion Bank boosted its position in shares of Bank of Nova Scotia by 1.7% during the fourth quarter. Toronto Dominion Bank now owns 25,425,639 shares of the bank's stock valued at $1,363,619,000 after buying an additional 434,771 shares during the period. TD Asset Management Inc. increased its stake in Bank of Nova Scotia by 1.7% in the 4th quarter. TD Asset Management Inc. now owns 18,966,078 shares of the bank's stock worth $1,017,933,000 after buying an additional 308,837 shares during the period. Norges Bank bought a new stake in Bank of Nova Scotia during the 4th quarter valued at $690,746,000. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Bank of Nova Scotia by 24.9% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 11,757,961 shares of the bank's stock worth $640,624,000 after acquiring an additional 2,346,995 shares in the last quarter. 49.13% of the stock is currently owned by hedge funds and other institutional investors.
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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