The Bank of Nova Scotia (TSE:BNS - Free Report) NYSE: BNS - Equities researchers at Desjardins lowered their Q1 2025 EPS estimates for shares of Bank of Nova Scotia in a report issued on Tuesday, February 4th. Desjardins analyst D. Young now expects that the bank will earn $1.62 per share for the quarter, down from their prior estimate of $1.66. The consensus estimate for Bank of Nova Scotia's current full-year earnings is $7.13 per share.
A number of other analysts have also recently commented on BNS. Royal Bank of Canada boosted their price objective on Bank of Nova Scotia from C$74.00 to C$83.00 and gave the company a "sector perform" rating in a research report on Wednesday, January 8th. BMO Capital Markets lifted their target price on shares of Bank of Nova Scotia from C$72.00 to C$84.00 in a research report on Monday, November 18th. Barclays upgraded shares of Bank of Nova Scotia from a "strong sell" rating to a "hold" rating in a research report on Thursday, November 21st. TD Securities lowered their price objective on Bank of Nova Scotia from C$82.00 to C$81.00 and set a "buy" rating on the stock in a report on Wednesday, December 4th. Finally, Canaccord Genuity Group raised Bank of Nova Scotia from a "hold" rating to a "buy" rating and increased their target price for the company from C$71.00 to C$84.00 in a report on Tuesday, November 19th. Seven analysts have rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Bank of Nova Scotia has an average rating of "Moderate Buy" and a consensus target price of C$77.92.
Read Our Latest Stock Report on BNS
Bank of Nova Scotia Trading Down 0.2 %
Shares of Bank of Nova Scotia stock traded down C$0.12 during trading hours on Thursday, reaching C$72.77. The stock had a trading volume of 3,326,852 shares, compared to its average volume of 5,009,241. Bank of Nova Scotia has a twelve month low of C$60.68 and a twelve month high of C$80.14. The firm has a market capitalization of C$90.23 billion, a PE ratio of 12.74, a PEG ratio of 1.33 and a beta of 0.97. The stock's 50 day moving average is C$76.01 and its 200 day moving average is C$72.15.
Bank of Nova Scotia Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 29th. Investors of record on Tuesday, January 7th were given a $1.06 dividend. The ex-dividend date was Tuesday, January 7th. This represents a $4.24 annualized dividend and a yield of 5.83%. Bank of Nova Scotia's payout ratio is 74.26%.
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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