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DOW   31,088.08
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S&P 500   3,837.66
DOW   31,088.08
QQQ   321.96
S&P 500   3,837.66
DOW   31,088.08
QQQ   321.96
S&P 500   3,837.66
DOW   31,088.08
QQQ   321.96
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NYSE:BNS

The Bank of Nova Scotia Stock Forecast, Price & News

$55.80
+0.23 (+0.41 %)
(As of 01/20/2021 11:15 AM ET)
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Today's Range
$55.57
Now: $55.80
$56.03
50-Day Range
$50.25
MA: $53.52
$55.38
52-Week Range
$31.94
Now: $55.80
$56.59
Volume20,423 shs
Average Volume1.52 million shs
Market Capitalization$67.60 billion
P/E Ratio14.16
Dividend Yield5.13%
Beta0.97
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 Banking and Markets, and Global Wealth Management segments. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small businesses and commercial customers, including automotive financing solutions to dealers and their customers. It also provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides Internet, mobile, and telephone banking services. The company operates a network of 952 branches and approximately 3,540 automated banking machines in Canada; and approximately 1,400 branches, 5,200 ATMs, and 22 contact centers internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.
The Bank of Nova Scotia logo

MarketRank

Overall MarketRank

2.47 out of 5 stars

Finance Sector

38th out of 1,939 stocks

State Commercial Banks Industry

5th out of 310 stocks

Analyst Opinion: 3.2Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
CUSIPN/A
CIK9631
Phone416-866-3672
Employees92,001

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$32.52 billion
Cash Flow$5.20 per share
Book Value$40.03 per share

Profitability

Net Income$5.04 billion

Miscellaneous

Outstanding Shares1,211,479,000
Market Cap$67.60 billion
Next Earnings Date2/23/2021 (Estimated)
OptionableOptionable
$55.80
+0.23 (+0.41 %)
(As of 01/20/2021 11:15 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

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

The Bank of Nova Scotia's stock was trading at $42.54 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BNS stock has increased by 31.2% and is now trading at $55.81.
View which stocks have been most impacted by COVID-19
.

Is The Bank of Nova Scotia a buy right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Bank of Nova Scotia in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" The Bank of Nova Scotia stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BNS, but not buy additional shares or sell existing shares.
View analyst ratings for The Bank of Nova Scotia
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than The Bank of Nova Scotia?

Wall Street analysts have given The Bank of Nova Scotia a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The Bank of Nova Scotia wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

The Bank of Nova Scotia is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for The Bank of Nova Scotia
.

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

The Bank of Nova Scotia (NYSE:BNS) issued its earnings results on Monday, November, 30th. The bank reported $1.45 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.92 by $0.53. The bank had revenue of $7.51 billion for the quarter, compared to analyst estimates of $7.61 billion. The Bank of Nova Scotia had a net margin of 15.57% and a return on equity of 10.47%. The company's revenue was down 5.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.82 earnings per share.
View The Bank of Nova Scotia's earnings history
.

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

The Bank of Nova Scotia declared a quarterly dividend on Tuesday, December 1st. Stockholders of record on Tuesday, January 5th will be paid a dividend of $0.676 per share on Wednesday, January 27th. This represents a $2.70 annualized dividend and a yield of 4.85%. The ex-dividend date of this dividend is Monday, January 4th.
View The Bank of Nova Scotia's dividend history
.

Is The Bank of Nova Scotia a good dividend stock?

The Bank of Nova Scotia pays an annual dividend of $2.83 per share and currently has a dividend yield of 5.13%. BNS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The Bank of Nova Scotia does not yet have a strock track record of dividend growth. The dividend payout ratio of The Bank of Nova Scotia is 70.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Bank of Nova Scotia will have a dividend payout ratio of 52.50% next year. This indicates that The Bank of Nova Scotia will be able to sustain or increase its dividend.
View The Bank of Nova Scotia's dividend history.

What price target have analysts set for BNS?

9 Wall Street analysts have issued 12 month price targets for The Bank of Nova Scotia's shares. Their forecasts range from $51.00 to $77.00. On average, they expect The Bank of Nova Scotia's share price to reach $64.84 in the next twelve months. This suggests a possible upside of 16.2% from the stock's current price.
View analysts' price targets for The Bank of Nova Scotia
or view Wall Street analyst' top-rated stocks.

Who are some of The Bank of Nova Scotia's key competitors?

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

Based on aggregate information from My MarketBeat watchlists, some companies that other The Bank of Nova Scotia investors own include AT&T (T), Freehold Royalties Ltd. (FRU.TO) (FRU), The 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).

Who are The Bank of Nova Scotia's key executives?

The Bank of Nova Scotia's management team includes the following people:
  • Mr. Brian Johnston Porter B.Com., A.M.P., Pres, CEO & Director (Age 63)
  • Mr. Rajagopal Viswanathan, Group Head & CFO
  • Mr. James P. O'Sullivan, Strategic Advisor to the CEO
  • Mr. Ignacio Deschamps, Group Head of International Banking & Digital Transformation
  • Mr. Daniel Llewellyn Rees, Group Head of Canadian Banking
  • Mr. Adrián Otero Rosiles, Exec. VP & Country Head of Mexico
  • Ms. Tracy Bryan, Exec. VP of Global Operations
  • Mr. James A. Neate, Pres & Group Head of Corp. and Investment Banking
  • Dr. Michael Zerbs, Group Head of Technology & Operations
  • Mr. Philip Stephen Watson Smith, Sr. VP of Investor Relations

What is The Bank of Nova Scotia's stock symbol?

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

Who are The Bank of Nova Scotia's major shareholders?

The Bank of Nova Scotia's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Cardinal Capital Management Inc. (0.16%), Addenda Capital Inc. (0.13%), Nexus Investment Management ULC (0.05%), Galibier Capital Management Ltd. (0.04%), Crossmark Global Holdings Inc. (0.02%) and Davis Rea LTD. (0.00%).

Which institutional investors are selling The Bank of Nova Scotia stock?

BNS stock was sold by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc..

Which institutional investors are buying The Bank of Nova Scotia stock?

BNS stock was purchased by a variety of institutional investors in the last quarter, including Galibier Capital Management Ltd., Addenda Capital Inc., Brookstone Capital Management, Cardinal Capital Management Inc., IMS Capital Management, JustInvest LLC, Sara Bay Financial, and Ritholtz Wealth Management.

How do I buy shares of The 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.

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

One share of BNS stock can currently be purchased for approximately $55.81.

How big of a company is The Bank of Nova Scotia?

The Bank of Nova Scotia has a market capitalization of $67.61 billion and generates $32.52 billion in revenue each year. The bank earns $5.04 billion in net income (profit) each year or $3.99 on an earnings per share basis. The Bank of Nova Scotia employs 92,001 workers across the globe.

What is The Bank of Nova Scotia's official website?

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

How can I contact The Bank of Nova Scotia?

The 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]

This page was last updated on 1/20/2021 by MarketBeat.com Staff

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