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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What analysts wanted out of Chewy stock is finally here
The truth about DocuSign's relevancy in today's world: Surprise
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice
S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What analysts wanted out of Chewy stock is finally here
The truth about DocuSign's relevancy in today's world: Surprise
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice
S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What analysts wanted out of Chewy stock is finally here
The truth about DocuSign's relevancy in today's world: Surprise
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice

Bank of Nova Scotia Stock Price, News & Analysis (TSE:BNS)

C$60.26
-0.49 (-0.81%)
(As of 12/5/2023 ET)
Compare
Today's Range
C$59.83
C$60.60
50-Day Range
C$55.41
C$62.00
52-Week Range
C$55.20
C$74.41
Volume
5.78 million shs
Average Volume
3.98 million shs
Market Capitalization
C$72.91 billion
P/E Ratio
10.43
Dividend Yield
7.04%
Price Target
C$64.77

Bank of Nova Scotia MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.93 Rating Score
Upside/​Downside
7.5% Upside
C$64.77 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.21mentions of Bank of Nova Scotia in the last 14 days
Based on 42 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.82 out of 5 stars


BNS stock logo

About Bank of Nova Scotia Stock (TSE:BNS)

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 in four segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. 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, medium, and large businesses, 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 online, mobile, and telephone banking services. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.

BNS Stock Price History

BNS Stock News Headlines

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How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Bank Of Nova Scotia Misses Quarterly Targets
Bank of Nova Scotia declares CAD 1.06 dividend
Scotiabank sees 'marginal' profit growth in 2024 after Q4 miss
See More Headlines
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Company Calendar

Ex-Dividend for 10/27 Dividend
9/29/2023
Dividend Payable
10/27/2023
Last Earnings
11/28/2023
Today
12/05/2023
Ex-Dividend for 1/29 Dividend
1/02/2024
Dividend Payable
1/29/2024
Next Earnings (Estimated)
2/27/2024

Industry, Sector and Symbol

Industry
Banks - Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
91,013
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$64.77
High Stock Price Target
C$77.55
Low Stock Price Target
C$56.00
Potential Upside/Downside
+7.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.93
Research Coverage
14 Analysts

Profitability

Net Income
C$6.99 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$29.25 billion
Cash Flow
C$300.70 per share
Book Value
C$63.12 per share

Miscellaneous

Outstanding Shares
1,210,000,000
Free Float
N/A
Market Cap
C$72.91 billion
Optionable
Not Optionable
Beta
0.94
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Key Executives

  • Mr. L. Scott Thomson (Age 53)
    President, CEO & Director
    Comp: $319.72k
  • Mr. Rajagopal Viswanathan
    Group Head & CFO
  • Mr. Jake P. Lawrence
    CEO and Group Head of Global Banking & Markets
  • Dr. Michael Zerbs Ph.D.
    Group Head of Technology & Operations
  • Mr. James A. Neate
    President and Group Head of Corporate & Investment Banking
  • Mr. John McCartney
    Head of Investor Relations
  • Mr. Ian Arellano
    Executive VP & General Counsel
  • Ms. Nicole Frew
    Executive VP & Chief Compliance Officer
  • Ms. Meigan Terry
    Senior VP, Chief Sustainability of Social Impact & Communications Officer
  • Ms. Barbara F. Mason
    Group Head & Chief Human Resources Officer














BNS Stock Analysis - Frequently Asked Questions

Should I buy or sell Bank of Nova Scotia stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of Nova Scotia in the last year. There are currently 2 sell ratings, 11 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" BNS shares.
View BNS analyst ratings
or view top-rated stocks.

What is Bank of Nova Scotia's stock price target for 2024?

14 Wall Street analysts have issued 12 month price targets for Bank of Nova Scotia's shares. Their BNS share price targets range from C$56.00 to C$77.55. On average, they predict the company's stock price to reach C$64.77 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price.
View analysts price targets for BNS
or view top-rated stocks among Wall Street analysts.

How have BNS shares performed in 2023?

Bank of Nova Scotia's stock was trading at C$66.34 at the start of the year. Since then, BNS stock has decreased by 9.2% and is now trading at C$60.26.
View the best growth stocks for 2023 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our BNS earnings forecast
.

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

The Bank of Nova Scotia (TSE:BNS) released its quarterly earnings results on Tuesday, November, 28th. The bank reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.68 by $0.42. The bank earned $8.31 billion during the quarter, compared to analysts' expectations of $8.28 billion. Bank of Nova Scotia had a net margin of 25.33% and a trailing twelve-month return on equity of 9.81%.

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

Bank of Nova Scotia announced a quarterly dividend on Tuesday, November 28th. Stockholders of record on Wednesday, January 3rd will be paid a dividend of 1.06 per share on Monday, January 29th. This represents a $4.24 annualized dividend and a dividend yield of 7.04%. The ex-dividend date is Tuesday, January 2nd.
Read our dividend analysis for BNS
.

Is Bank of Nova Scotia a good dividend stock?

Bank of Nova Scotia (TSE:BNS) pays an annual dividend of C$4.24 per share and currently has a dividend yield of 6.95%. BNS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 73.36%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BNS.

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 Toronto-Dominion Bank (TD), Freehold Royalties (FRU), Enbridge (ENB), Royal Bank of Canada (RY), Intact Financial (IFC), Constellation Software (CSU), Canadian Imperial Bank of Commerce (CM), Emera (EMA), Pembina Pipeline (PPL) and BCE (BCE).

How do I buy shares of Bank of Nova Scotia?

Shares of BNS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:BNS) was last updated on 12/6/2023 by MarketBeat.com Staff

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