S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20

Bank of Nova Scotia Stock Forecast, Price & News

$64.27
-1.47 (-2.24%)
(As of 11/26/2021 12:00 AM ET)
Add
Compare
Today's Range
$63.94
$64.89
50-Day Range
$59.98
$66.93
52-Week Range
$48.69
$68.02
Volume
1.39 million shs
Average Volume
1.26 million shs
Market Capitalization
$78.11 billion
P/E Ratio
11.44
Dividend Yield
4.30%
Beta
0.93
30 days | 90 days | 365 days | Advanced Chart
Receive BNS News and Ratings via Email

Sign-up to receive the latest news and ratings for Bank of Nova Scotia and its competitors with MarketBeat's FREE daily newsletter.


Bank of Nova Scotia logo

About Bank of Nova Scotia

The Bank of Nova Scotia engages in the provision of financial products and services, including personal, commercial, corporate, and investment banking. It operates through the following segments: Canadian Banking, International Banking, Global Banking and Markets, and Other. The Other segment includes group treasury, smaller operating segments and business line elimination items. The company was founded on March 30, 1832 and is headquartered in Toronto, Canada.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
CIK
9631
Employees
92,001
Year Founded
1832

Sales & Book Value

Annual Sales
$32.52 billion
Cash Flow
$5.03 per share
Book Value
$40.03 per share

Profitability

Net Income
$5.04 billion
Pretax Margin
30.17%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
1,215,338,000
Free Float
N/A
Market Cap
$78.11 billion
Optionable
Optionable

Company Calendar

Last Earnings
8/23/2021
Ex-Dividend
10/04/2021
Dividend Payable
10/27/2021
Today
11/28/2021
Next Earnings (Confirmed)
11/30/2021
Fiscal Year End
10/31/2022

Social Links


MarketRank

Overall MarketRank

2.89 out of 5 stars

Finance Sector

74th out of 1,340 stocks

State Commercial Banks Industry

10th out of 233 stocks

Analyst Opinion: 3.4Community Rank: 4.4Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -












Bank of Nova Scotia (NYSE:BNS) Frequently Asked Questions

Is Bank of Nova Scotia a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bank of Nova Scotia in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Bank of Nova Scotia stock.
View analyst ratings for Bank of Nova Scotia
or view top-rated stocks.

How has Bank of Nova Scotia's stock been impacted by COVID-19 (Coronavirus)?

Bank of Nova Scotia's stock was trading at $42.54 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BNS stock has increased by 51.1% and is now trading at $64.27.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Bank of Nova Scotia?

Bank of Nova Scotia saw a drop in short interest during the month of October. As of October 29th, there was short interest totaling 2,450,000 shares, a drop of 27.9% from the October 14th total of 3,400,000 shares. Based on an average daily volume of 1,070,000 shares, the short-interest ratio is presently 2.3 days. Currently, 0.2% of the shares of the company are sold short.
View Bank of Nova Scotia's Short Interest
.

When is Bank of Nova Scotia's next earnings date?

Bank of Nova Scotia is scheduled to release its next quarterly earnings announcement on Tuesday, November 30th 2021.
View our earnings forecast for Bank of Nova Scotia
.

How can I listen to Bank of Nova Scotia's earnings call?

Bank of Nova Scotia will be holding an earnings conference call on Tuesday, November 30th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 905-694-9451 with passcode "9929482#".

How were Bank of Nova Scotia's earnings last quarter?

The Bank of Nova Scotia (NYSE:BNS) posted its quarterly earnings data on Monday, August, 23rd. The bank reported $2.01 earnings per share for the quarter, topping analysts' consensus estimates of $1.50 by $0.51. The bank earned $7.76 billion during the quarter, compared to analysts' expectations of $7.77 billion. Bank of Nova Scotia had a net margin of 22.86% and a trailing twelve-month return on equity of 13.87%. Bank of Nova Scotia's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter last year, the business posted $1.04 EPS.
View Bank of Nova Scotia's earnings history
.

How often does Bank of Nova Scotia pay dividends? What is the dividend yield for Bank of Nova Scotia?

Bank of Nova Scotia declared a quarterly dividend on Wednesday, August 25th. Investors of record on Tuesday, October 5th will be paid a dividend of $0.7095 per share on Wednesday, October 27th. This represents a $2.84 annualized dividend and a yield of 4.42%. The ex-dividend date of this dividend is Monday, October 4th.
View Bank of Nova Scotia's dividend history
.

Is Bank of Nova Scotia a good dividend stock?

Bank of Nova Scotia pays an annual dividend of $2.83 per share and currently has a dividend yield of 4.30%. BNS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Bank of Nova Scotia is 50.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Bank of Nova Scotia will have a dividend payout ratio of 52.90% next year. This indicates that Bank of Nova Scotia will be able to sustain or increase its dividend.
View Bank of Nova Scotia's dividend history.

What price target have analysts set for BNS?

11 equities research analysts have issued 1 year price objectives for Bank of Nova Scotia's shares. Their forecasts range from $83.00 to $93.00. On average, they expect Bank of Nova Scotia's stock price to reach $87.77 in the next twelve months. This suggests a possible upside of 36.6% from the stock's current price.
View analysts' price targets for Bank of Nova Scotia
or view top-rated stocks among Wall Street analysts.

What are Wall Street analysts saying about Bank of Nova Scotia stock?

Here are some recent quotes from research analysts about Bank of Nova Scotia stock:
  • 1. According to Zacks Investment Research, "Bank of Nova Scotia is one of North America's premier financial institutions and Canada's most international bank. They offer a diverse range of products and services including personal, commercial, corporate and investment banking. Scotiabank has built long-term value and recorded consistent earnings growth by building on its core strengths and by executing exceptionally well in its core businesses. These include Domestic Banking, Wealth Management, International Banking and Scotia Capital. " (11/23/2021)
  • 2. Fundamental Research analysts commented, "Fundamental Research Corp has issued a report entitled “Canadian Banks (TSX: RY / TD / BNS / BMO / CM) - Valuation Metrics Still 6% Below Pre-Pandemic Levels” and dated August 31, 2021. The full report is now at www.researchfrc.com." (9/1/2021)

Who are Bank of Nova Scotia's key executives?

Bank of Nova Scotia's management team includes the following people:
  • Brian Johnston Porter, President, CEO & Non-Independent Director
  • Loretta Marcoccia, Chief Operating Officer, EVP-Global Banking
  • Rajagopal Viswanathan, Chief Financial Officer & Executive Vice President
  • Michael Zerbs, Group Head-Technology & Operations
  • Ashley Veasey, Global CIO-Business Technology & Executive VP

What is Brian J. Porter's approval rating as Bank of Nova Scotia's CEO?

1,585 employees have rated Bank of Nova Scotia CEO Brian J. Porter on Glassdoor.com. Brian J. Porter has an approval rating of 86% among Bank of Nova Scotia's employees.

What other stocks do shareholders of Bank of Nova Scotia own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bank of Nova Scotia investors own include AT&T (T), Freehold Royalties (FRU), Toronto-Dominion Bank (TD), Pfizer (PFE), Royal Bank of Canada (RY), Verizon Communications (VZ), AbbVie (ABBV), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM) and Intel (INTC).

What is Bank of Nova Scotia's stock symbol?

Bank of Nova Scotia trades on the New York Stock Exchange (NYSE) under the ticker symbol "BNS."

Who are Bank of Nova Scotia's major shareholders?

Bank of Nova Scotia's stock is owned by a number of institutional and retail investors. Top institutional investors include TD Asset Management Inc. (2.03%), Mackenzie Financial Corp (1.85%), Capital World Investors (1.70%), Toronto Dominion Bank (1.04%), Mufg Securities Canada LTD. (0.98%) and FIL Ltd (0.92%).

Which institutional investors are selling Bank of Nova Scotia stock?

BNS stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Caisse DE Depot ET Placement DU Quebec, Mackenzie Financial Corp, TD Asset Management Inc., Polar Asset Management Partners Inc., AMF Pensionsforsakring AB, Healthcare of Ontario Pension Plan Trust Fund, and Russell Investments Group Ltd..

Which institutional investors are buying Bank of Nova Scotia stock?

BNS stock was purchased by a variety of institutional investors in the last quarter, including Mufg Securities Canada LTD., Nicola Wealth Management LTD., HAP Trading LLC, Marathon Asset Mgmt Ltd, Millennium Management LLC, Quadrature Capital Ltd, Goldman Sachs Group Inc., and American Century Companies Inc..

How do I buy shares of Bank of Nova Scotia?

Shares of BNS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Bank of Nova Scotia's stock price today?

One share of BNS stock can currently be purchased for approximately $64.27.

How much money does Bank of Nova Scotia make?

Bank of Nova Scotia has a market capitalization of $78.11 billion and generates $32.52 billion in revenue each year. The bank earns $5.04 billion in net income (profit) each year or $5.62 on an earnings per share basis.

How many employees does Bank of Nova Scotia have?

Bank of Nova Scotia employs 92,001 workers across the globe.

Does Bank of Nova Scotia have any subsidiaries?

The following companies are subsidiares of Bank of Nova Scotia: 1832 Asset Management L.P., BBVA Chile, BNS Asia Limited, BNS International (Bahamas) Limited, BNS International (Panama) S.A., BNS Investments Inc., Banco Colpatria Multibanca Colpatria S.A., Colfondos, Grupo BNS de Costa Rica S.A., Grupo Financiero Scotiabank Inverlat S.A. de C.V., Hollis Canadian Bank, HollisWealth Inc., Howard Weil, Jarislowsky Fraser, Jarislowsky Fraser Limited, MD Financial, MD Financial Management Inc., Montreal Trust Company of Canada, National Trust Company, National Trustco Inc., Nova Scotia Inversiones Limitada, Profuturo AFP S.A., RoyNat Inc., Scotia Capital (USA) Inc., Scotia Capital Inc., Scotia Dealer Advantage Inc., Scotia Group Jamaica Limited, Scotia Holdings (US) Inc., Scotia International Limited, Scotia Investments Jamaica Limited, Scotia Life Insurance Company, Scotia Mortgage Corporation, Scotia Securities Inc., Scotiabanc Inc., Scotiabank & Trust (Cayman) Ltd., Scotiabank (Bahamas) Limited, Scotiabank (Belize) Ltd., Scotiabank (British Virgin Islands) Limited, Scotiabank (Hong Kong) Limited, Scotiabank (Ireland) Designated Activity Company, Scotiabank (Panama) S.A., Scotiabank (Turks and Caicos) Ltd., Scotiabank Anguilla Limited, Scotiabank Barbados Limited, Scotiabank Brasil S.A. Banco Multiplo, Scotiabank Caribbean Holdings Ltd., Scotiabank Chile S.A., Scotiabank Colpatria S.A., Scotiabank El Salvador S.A., Scotiabank Europe plc, Scotiabank Peru Holding S.A., Scotiabank Peru S.A.A., Scotiabank Republica Dominicana S.A., Scotiabank Trinidad and Tobago Limited, Scotiabank Uruguay S.A., Scotiabank de Puerto Rico, Tangerine Bank, The Bank of Nova Scotia Berhad, The Bank of Nova Scotia International Limited, The Bank of Nova Scotia Jamaica Limited, The Bank of Nova Scotia Trust Company, and The Bank of Nova Scotia Trust Company (Bahamas) Limited.

When was Bank of Nova Scotia founded?

Bank of Nova Scotia was founded in 1832.

What is Bank of Nova Scotia's official website?

The official website for Bank of Nova Scotia is www.scotiabank.com.

Where are Bank of Nova Scotia's headquarters?

Bank of Nova Scotia is headquartered at 44 KING STREET WEST SCOTIA PLAZA 8TH FL., TORONTO A6, M5H 1H1.

How can I contact Bank of Nova Scotia?

Bank of Nova Scotia's mailing address is 44 KING STREET WEST SCOTIA PLAZA 8TH FL., TORONTO A6, M5H 1H1. The bank can be reached via phone at (416) 866-6161, via email at [email protected], or via fax at 416-866-3750.


This page was last updated on 11/28/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.