TSE:BNSBank of Nova Scotia Stock Price, Forecast & News

C$55.17

-2.18 (-3.80 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

C$54.86

Now: C$55.17▼

C$56.68

50-Day Range

C$49.97

MA: C$53.62▼

C$57.97

52-Week Range

C$46.38

Now: C$55.17▼

C$76.75

Volume5.96 million shs

Average Volume4.55 million shs

Market CapitalizationC$66.83 billion

P/E Ratio8.12

Dividend Yield6.28%

BetaN/A

The Bank of Nova Scotia provides various banking products and services in North America, Latin America, the Caribbean and Central America, and the Asia-Pacific. 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 related creditor insurance to individuals and small businesses; and commercial banking solutions comprising lending, deposit, cash management, and trade finance solutions to medium and large businesses, including automotive dealers and their customers. It is also involved in the provision of investment and wealth management advice, services, products, and solutions to customers and advisors; wealth management solutions, such as private customer, online brokerage, full-service brokerage, pension, and institutional customer services, as well as asset management business focusing on developing investment solutions for retail and institutional investors; and international banking services for retail, corporate, and commercial customers. In addition, the company offers corporate lending; trade finance and cash management; investment banking services, including corporate finance, and mergers and acquisitions; fixed income and equity underwriting, sales, trading, and research services; prime brokerage and stock lending services; foreign exchange sales and trading services; commodity derivatives sales and trading; and collateral management services for corporate, government, and institutional investor clients. Further, it provides Internet, mobile, and telephone banking services. The company operates a network of 955 branches and approximately 3,644 automated banking machines in Canada; and approximately 1,800 branches internationally, as well as contact and business support centers. The Bank of Nova Scotia was founded in 1832 and is headquartered in Toronto, Canada.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
Bank of Nova Scotia has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$71.40, Bank of Nova Scotia has a potential upside of 29.4% from its current price of C$55.17.
Amount of Analyst Coverage
Bank of Nova Scotia has only been the subject of 3 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Bank of Nova Scotia has received 445 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Bank of Nova Scotia has received 501 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Bank of Nova Scotia has received 52.96% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Bank of Nova Scotia and other stocks. Vote “Outperform” if you believe BNS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BNS will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Bank of Nova Scotia is a leading dividend payer. It pays a dividend yield of 6.28%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Bank of Nova Scotia does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Bank of Nova Scotia is 52.52 %. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bank of Nova Scotia insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Bank of Nova Scotia are expected to decrease by -100.00% in the coming year, from C$6.97 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bank of Nova Scotia is 8.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.38.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bank of Nova Scotia is 8.12, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.86.
Price to Earnings Growth Ratio
Bank of Nova Scotia has a PEG Ratio of 14.30. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Bank of Nova Scotia has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.87 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry Money Center Banks

Sub-IndustryN/A

SectorFinance

Current SymbolTSE:BNS

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.scotiabank.com

Phone+1-416-8666161

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio8.12

Forward P/E Ratio7.92

P/E Growth14.3

Sales & Book Value

Annual SalesC$28.31 billion

Price / Sales2.36

Cash FlowC$311.87 per share

Price / Cash Flow0.18

Book ValueC$53.62 per share

Price / Book1.03

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees98,508

Outstanding Shares1,211,355,000

Market CapC$66.83 billion

Next Earnings Date8/25/2020 (Estimated)

OptionableOptionable

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

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

Bank of Nova Scotia's stock was trading at C$58.48 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BNS stock has decreased by 5.7% and is now trading at C$55.17. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Bank of Nova Scotia?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of Nova Scotia in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Bank of Nova Scotia.

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, August 25th 2020. View our earnings forecast for Bank of Nova Scotia.

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

Bank of Nova Scotia (TSE:BNS) issued its quarterly earnings data on Tuesday, November, 28th. The bank reported $1.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.68 by $0.03. The bank had revenue of $6.81 billion for the quarter, compared to the consensus estimate of $7.05 billion. During the same period last year, the company posted $1.58 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 Tuesday, February 25th. Investors of record on Tuesday, April 7th will be paid a dividend of 0.90 per share on Tuesday, April 28th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 6.53%. The ex-dividend date of this dividend is Monday, April 6th. View Bank of Nova Scotia's dividend history.

What price target have analysts set for BNS?

5 brokerages have issued 1 year price objectives for Bank of Nova Scotia's shares. Their forecasts range from C$56.00 to C$82.00. On average, they expect Bank of Nova Scotia's share price to reach C$71.40 in the next year. This suggests a possible upside of 29.4% from the stock's current price. View analysts' price targets for Bank of Nova Scotia.

Has Bank of Nova Scotia been receiving favorable news coverage?

Press coverage about BNS stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog 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 impact score of 1.5 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutBank of Nova Scotia.

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

Some companies that are related to Bank of Nova Scotia include Toronto-Dominion Bank (TD), HSBC (HSBA), National Australia Bank (NAB), Australia and New Zealand Banking Group (ANZ), Bank of Montreal (BMO), Canadian Imperial Bank of Commerce (CM), Barclays (BARC), National Bank of Canada (NA), Bendigo and Adelaide Bank (BEN), Bank of Queensland (BOQ), Canadian Western Bank (CWB), Secure Trust Bank (STB), Arbuthnot Banking Group (ARBB), Manx Financial Group (MFX) and Atlas Mara (ATMA). View all competitors.

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 Freehold Royalties (FRU), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Intact Financial (IFC), Constellation Software (CSU), Emera (EMA), Enbridge (ENB), Timbercreek Financial (TF), BCE (BCE) and Bank of Montreal (BMO).

Who are Bank of Nova Scotia's key executives?

Bank of Nova Scotia's management team includes the following people:

Mr. Brian Johnston Porter B.Com., A.M.P., Pres, CEO & Director (Age 61)
Mr. Rajagopal Viswanathan, Exec. VP & CFO
Mr. James P. O'Sullivan, Group Head of Canadian Banking
Mr. Philip M. Thomas B.A., Exec. VP & Chief Retail Risk Officer
Mr. Ignacio Deschamps, Group Head of International Banking & Digital Transformation

What is Bank of Nova Scotia's stock symbol?

Bank of Nova Scotia trades on the Toronto Stock Exchange (TSX) under the ticker symbol "BNS."

How do I buy shares of Bank of Nova Scotia?

Shares of BNS and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

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

One share of BNS stock can currently be purchased for approximately C$55.17.

How big of a company is Bank of Nova Scotia?

Bank of Nova Scotia has a market capitalization of C$66.83 billion and generates C$28.31 billion in revenue each year. Bank of Nova Scotia employs 98,508 workers across the globe.

What is Bank of Nova Scotia's official website?

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

How can I contact Bank of Nova Scotia?

Bank of Nova Scotia's mailing address is 44 King St W, TORONTO, ON M5H 1H1, Canada. The bank can be reached via phone at +1-416-8666161.

This page was last updated on 5/30/2020 by MarketBeat.com Staff