Bank of Nova Scotia (BNS) Expected to Announce Earnings on Tuesday

Bank of Nova Scotia (NYSE:BNS - Get Free Report) TSE: BNS will likely be announcing its Q2 2025 earnings results before the market opens on Tuesday, May 27th. Analysts expect the company to announce earnings of $1.17 per share and revenue of $8.98 billion for the quarter.

Bank of Nova Scotia Stock Performance

Shares of BNS stock opened at $51.75 on Tuesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.03 and a current ratio of 1.03. Bank of Nova Scotia has a fifty-two week low of $43.68 and a fifty-two week high of $57.07. The stock has a 50 day moving average price of $48.36 and a two-hundred day moving average price of $51.14. The company has a market capitalization of $64.46 billion, a P/E ratio of 11.98, a PEG ratio of 1.16 and a beta of 1.11.

Bank of Nova Scotia Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 28th. Investors of record on Tuesday, April 1st were issued a dividend of $0.7415 per share. The ex-dividend date was Tuesday, April 1st. This represents a $2.97 dividend on an annualized basis and a dividend yield of 5.73%. Bank of Nova Scotia's dividend payout ratio is presently 83.05%.

Institutional Investors Weigh In On Bank of Nova Scotia

A hedge fund recently raised its stake in Bank of Nova Scotia stock. AQR Capital Management LLC lifted its stake in The Bank of Nova Scotia (NYSE:BNS - Free Report) TSE: BNS by 111.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,096 shares of the bank's stock after buying an additional 10,056 shares during the quarter. AQR Capital Management LLC's holdings in Bank of Nova Scotia were worth $911,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 49.13% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on BNS shares. Cibc World Mkts cut Bank of Nova Scotia from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 18th. Bank of America cut Bank of Nova Scotia from a "buy" rating to a "neutral" rating in a research note on Monday, March 31st. CIBC reaffirmed a "neutral" rating on shares of Bank of Nova Scotia in a research note on Tuesday, February 18th. Finally, Royal Bank of Canada reduced their price target on Bank of Nova Scotia from $83.00 to $81.00 and set a "sector perform" rating on the stock in a research note on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $81.00.

Bank of Nova Scotia Company Profile

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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