NYSE:BNS - Bank of Nova Scotia Stock Price, Forecast & News

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

Bank of Nova Scotia announced a quarterly dividend on Tuesday, November 26th. Stockholders of record on Tuesday, January 7th will be paid a dividend of $0.684 per share on Wednesday, January 29th. This represents a $2.74 dividend on an annualized basis and a dividend yield of 4.83%. The ex-dividend date of this dividend is Monday, January 6th. This is a positive change from Bank of Nova Scotia's previous quarterly dividend of $0.68. View Bank of Nova Scotia's Dividend History.

Bank of Nova Scotia announced that its Board of Directors has authorized a share buyback program on Wednesday, February 14th 2018, which permits the company to repurchase outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's management believes its stock is undervalued.

Bank of Nova Scotia (NYSE:BNS) posted its earnings results on Tuesday, November, 26th. The bank reported $1.82 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.38 by $0.44. The bank earned $7.98 billion during the quarter, compared to analysts' expectations of $7.98 billion. Bank of Nova Scotia had a return on equity of 13.65% and a net margin of 17.99%. The firm's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.77 earnings per share. View Bank of Nova Scotia's Earnings History.

Bank of Nova Scotia is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Bank of Nova Scotia.

8 analysts have issued 12-month price targets for Bank of Nova Scotia's shares. Their forecasts range from $62.00 to $82.00. On average, they anticipate Bank of Nova Scotia's share price to reach $76.14 in the next year. This suggests a possible upside of 34.4% from the stock's current price. View Analyst Price Targets for Bank of Nova Scotia.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of Nova Scotia in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Bank of Nova Scotia.

Headlines about BNS stock have been trending very negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Bank of Nova Scotia earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Bank of Nova Scotia.

Bank of Nova Scotia saw a decrease in short interest in November. As of November 15th, there was short interest totalling 5,260,000 shares, a decrease of 31.8% from the October 31st total of 7,710,000 shares. Based on an average daily trading volume, of 881,800 shares, the days-to-cover ratio is currently 6.0 days. Currently, 0.4% of the company's shares are sold short. View Bank of Nova Scotia's Current Options Chain.

Some companies that are related to Bank of Nova Scotia include Itau Unibanco (ITUB), SBERBANK RUSSIA/S (SBRCY), Banco Bradesco (BBD), BANCO BRADESCO/S (BBDO), Bank of New York Mellon (BK), State Street (STT), Northern Trust (NTRS), M&T Bank (MTB), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), Deutsche Bank (DB), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Signature Bank (SBNY) and East West Bancorp (EWBC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Bank of Nova Scotia investors own include Freehold Royalties (FRU), Toronto-Dominion Bank (TD), Emera (EMA), Timbercreek Financial (TF), AT&T (T), Royal Bank of Canada (RY), Intel (INTC), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO) and Bank of America (BAC).

Bank of Nova Scotia's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Beutel Goodman & Co Ltd. (1.04%), Great West Life Assurance Co. Can (1.01%), Letko Brosseau & Associates Inc. (0.66%), CIBC Asset Management Inc (0.60%), Sumitomo Mitsui Trust Holdings Inc. (0.35%) and QV Investors Inc. (0.22%).

BNS stock was sold by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Greystone Managed Investments Inc., Ferguson Wellman Capital Management Inc., Barclays PLC, QV Investors Inc., Russell Investments Group Ltd., Letko Brosseau & Associates Inc. and Man Group plc.

BNS stock was acquired by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Beutel Goodman & Co Ltd., Alberta Investment Management Corp, Waratah Capital Advisors Ltd., Ilmarinen Mutual Pension Insurance Co, Zurcher Kantonalbank Zurich Cantonalbank, EdgePoint Investment Group Inc. and Millennium Management LLC.

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

One share of BNS stock can currently be purchased for approximately $56.67.

Bank of Nova Scotia has a market capitalization of $68.91 billion and generates $35.10 billion in revenue each year. The bank earns $6.31 billion in net income (profit) each year or $5.37 on an earnings per share basis. Bank of Nova Scotia employs 101,813 workers across the globe.View Additional Information About Bank of Nova Scotia.

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

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 416-866-3672 or via email at [email protected]