TSE:BNS

The Bank of Nova Scotia (BNS.TO) Stock Forecast, Price & News

C$70.21

+0.25 (+0.36 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

C$69.71

Now: C$70.21▼

C$70.42

50-Day Range

C$63.20

MA: C$67.87▼

C$69.96

52-Week Range

C$46.38

Now: C$70.21▼

C$74.92

Volume4.13 million shs

Average Volume5.38 million shs

Market CapitalizationC$85.07 billion

P/E Ratio13.25

Dividend Yield5.15%

BetaN/A

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.

MarketRank^™

Overall MarketRank^™

1.64 out of 5 stars

2.1 Analyst's Opinion

Consensus Rating
The Bank of Nova Scotia (BNS.TO) has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 4 buy ratings, 2 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$69.20, The Bank of Nova Scotia (BNS.TO) has a forecasted downside of 1.4% from its current price of C$70.21.
Amount of Analyst Coverage
The Bank of Nova Scotia (BNS.TO) has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
The Bank of Nova Scotia (BNS.TO) has received 454 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
The Bank of Nova Scotia (BNS.TO) has received 521 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
The Bank of Nova Scotia (BNS.TO) has received 53.44% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about The Bank of Nova Scotia (BNS.TO) 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
The Bank of Nova Scotia (BNS.TO) is a leading dividend payer. It pays a dividend yield of 5.15%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
The Bank of Nova Scotia (BNS.TO) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of The Bank of Nova Scotia (BNS.TO) is 67.92%. 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, The Bank of Nova Scotia (BNS.TO) insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of The Bank of Nova Scotia (BNS.TO) is 13.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Bank of Nova Scotia (BNS.TO) is 13.25, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.93.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for The Bank of Nova Scotia (BNS.TO), their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
The Bank of Nova Scotia (BNS.TO) has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees92,001

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio13.25

Forward P/E Ratio10.03

P/E Growth-2.35

Sales & Book Value

Annual SalesC$25.25 billion

Price / Sales3.37

Cash FlowC$299.66 per share

Price / Cash Flow0.23

Book ValueC$54.54 per share

Price / Book1.29

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares1,211,691,000

Market CapC$85.07 billion

Next Earnings Date2/23/2021 (Estimated)

OptionableOptionable

C$70.21

+0.25 (+0.36 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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

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

The Bank of Nova Scotia (BNS.TO)'s stock was trading at C$58.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BNS stock has increased by 20.1% and is now trading at C$70.21.
View which stocks have been most impacted by COVID-19.

Is The Bank of Nova Scotia (BNS.TO) a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Bank of Nova Scotia (BNS.TO) in the last year. There are currently 2 sell ratings, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" The Bank of Nova Scotia (BNS.TO) 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 (BNS.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than The Bank of Nova Scotia (BNS.TO)?

Wall Street analysts have given The Bank of Nova Scotia (BNS.TO) 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 (BNS.TO) 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 (BNS.TO)'s next earnings date?

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

How were The Bank of Nova Scotia (BNS.TO)'s earnings last quarter?

The Bank of Nova Scotia (BNS.TO) (TSE:BNS) issued its earnings results on Tuesday, December, 1st. The bank reported $1.45 earnings per share for the quarter, beating analysts' consensus estimates of $1.21 by $0.24. The bank had revenue of $7.51 billion for the quarter, compared to analysts' expectations of $7.62 billion.
View The Bank of Nova Scotia (BNS.TO)'s earnings history.

How often does The Bank of Nova Scotia (BNS.TO) pay dividends? What is the dividend yield for The Bank of Nova Scotia (BNS.TO)?

The Bank of Nova Scotia (BNS.TO) declared a quarterly dividend on Tuesday, December 1st. Shareholders of record on Tuesday, January 5th will be given a dividend of 0.90 per share on Wednesday, January 27th. This represents a $3.60 annualized dividend and a dividend yield of 5.13%. The ex-dividend date of this dividend is Monday, January 4th.
View The Bank of Nova Scotia (BNS.TO)'s dividend history.

Is The Bank of Nova Scotia (BNS.TO) a good dividend stock?

The Bank of Nova Scotia (BNS.TO) pays an annual dividend of C$3.60 per share and currently has a dividend yield of 5.15%. BNS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of The Bank of Nova Scotia (BNS.TO) is 67.92%. This payout ratio is at a healthy, sustainable level, below 75%.
View The Bank of Nova Scotia (BNS.TO)'s dividend history.

What price target have analysts set for BNS?

8 brokerages have issued 1-year price objectives for The Bank of Nova Scotia (BNS.TO)'s shares. Their forecasts range from C$64.00 to C$77.00. On average, they anticipate The Bank of Nova Scotia (BNS.TO)'s share price to reach C$69.20 in the next twelve months. This suggests that the stock has a possible downside of 1.4%.
View analysts' price targets for The Bank of Nova Scotia (BNS.TO) or view Wall Street analyst' top-rated stocks.

Who are some of The Bank of Nova Scotia (BNS.TO)'s key competitors?

Some companies that are related to The Bank of Nova Scotia (BNS.TO) include The Toronto-Dominion Bank (TD.TO) (TD), HSBC Holdings plc (HSBA.L) (HSBA), Bank of Montreal (BMO.TO) (BMO), Canadian Imperial Bank of Commerce (CM.TO) (CM), Barclays PLC (BARC.L) (BARC), National Bank of Canada (NA.TO) (NA), Canadian Western Bank (CWB.TO) (CWB), Secure Trust Bank PLC (STB.L) (STB), Arbuthnot Banking Group PLC (ARBB.L) (ARBB), Manx Financial Group PLC (MFX.L) (MFX), Atlas Mara Limited (ATMA.L) (ATMA), Australia and New Zealand Banking Group Limited (ANZ.AX) (ANZ), Banca Carige S.p.A. - Cassa di Risparmio di Genova e Imperia (CRG.MI) (CRG), Bank of Queensland Limited (BOQ.AX) (BOQ) and Bendigo and Adelaide Bank Limited (BEN.AX) (BEN).
View all of BNS's competitors.

What other stocks do shareholders of The Bank of Nova Scotia (BNS.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Bank of Nova Scotia (BNS.TO) investors own include The Toronto-Dominion Bank (TD.TO) (TD), Freehold Royalties Ltd. (FRU.TO) (FRU), Enbridge Inc. (ENB.TO) (ENB), Royal Bank of Canada (RY.TO) (RY), Intact Financial Co. (IFC.TO) (IFC), Constellation Software Inc. (CSU.TO) (CSU), Canadian Imperial Bank of Commerce (CM.TO) (CM), Emera Incorporated (EMA.TO) (EMA), Pembina Pipeline Co. (PPL.TO) (PPL) and BCE Inc. (BCE.TO) (BCE).

Who are The Bank of Nova Scotia (BNS.TO)'s key executives?

The Bank of Nova Scotia (BNS.TO)'s management team includes the following people:

Mr. Brian Johnston Porter B.Com., A.M.P., Pres, CEO & Director (Age 62, Pay $3.63M)
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. AdriÃ¡n Otero Rosiles, Exec. VP & Country Head of Mexico
Ms. Tracy Bryan, Exec. VP of Global Operations
Mr. James A. Neate, Co-Group Head of Global Banking & Markets and Head of Global Corp. & 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 (BNS.TO)'s stock symbol?

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

How do I buy shares of The Bank of Nova Scotia (BNS.TO)?

Shares of BNS 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.

What is The Bank of Nova Scotia (BNS.TO)'s stock price today?

One share of BNS stock can currently be purchased for approximately C$70.21.

How big of a company is The Bank of Nova Scotia (BNS.TO)?

The Bank of Nova Scotia (BNS.TO) has a market capitalization of C$85.07 billion and generates C$25.25 billion in revenue each year. The Bank of Nova Scotia (BNS.TO) employs 92,001 workers across the globe.

What is The Bank of Nova Scotia (BNS.TO)'s official website?

The official website for The Bank of Nova Scotia (BNS.TO) is www.scotiabank.com.

How can I contact The Bank of Nova Scotia (BNS.TO)?

The Bank of Nova Scotia (BNS.TO)'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 1/17/2021 by MarketBeat.com Staff

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