TSE:NA

National Bank of Canada (NA) Stock Price, News & Analysis

C$111.80
+0.22 (+0.20%)
(As of 04/24/2024 ET)
Today's Range
C$111.21
C$112.14
50-Day Range
C$103.15
C$114.68
52-Week Range
C$84.27
C$115.14
Volume
6.75 million shs
Average Volume
1.75 million shs
Market Capitalization
C$37.92 billion
P/E Ratio
11.77
Dividend Yield
3.79%
Price Target
C$108.00

National Bank of Canada MarketRank™ Stock Analysis

Analyst Rating
Hold
2.08 Rating Score
Upside/​Downside
3.4% Downside
C$108.00 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.32mentions of National Bank of Canada in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
C$34,156 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.63 out of 5 stars

NA stock logo

About National Bank of Canada Stock (TSE:NA)

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services. The Wealth Management segment provides full-service brokerage, private banking, direct brokerage, investment solutions, administrative and trade execution, transaction products, and trust and estate services. The Financial Markets segment offers corporate banking, advisory, and capital markets services; and project financing, debt, and equity underwriting; advisory services in the areas of mergers and acquisitions, and financing. The U.S. Specialty Finance and International segment provides specialty finance products; and personal and commercial banking in Cambodia. National Bank of Canada was founded in 1859 and is headquartered in Montreal, Canada.

NA Stock Price History

NA Stock News Headlines

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Company Calendar

Ex-Dividend for 2/1 Dividend
12/21/2023
Dividend Payable
2/01/2024
Last Earnings
2/28/2024
Ex-Dividend for 5/1 Dividend
3/22/2024
Today
4/24/2024
Dividend Payable
5/01/2024
Next Earnings (Estimated)
5/29/2024

Industry, Sector and Symbol

Industry
Banks - Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
28,730
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$108.00
High Stock Price Target
C$121.00
Low Stock Price Target
C$96.00
Potential Upside/Downside
-3.2%
Consensus Rating
Hold
Rating Score (0-4)
2.08
Research Coverage
13 Analysts

Profitability

Net Income
C$3.24 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$9.89 billion
Cash Flow
C$551.90 per share
Book Value
C$65.60 per share

Miscellaneous

Free Float
N/A
Market Cap
C$37.83 billion
Optionable
Not Optionable
Beta
1.11
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Key Executives

  • Mr. Laurent Ferreira (Age 53)
    President, CEO & Director
    Comp: $2.87M
  • Ms. Marie Chantal Gingras
    CFO & Executive VP of Finance
  • Ms. Lucie Blanchet
    Executive Vice-President of Personal Banking & Client Experience
  • Mr. Etienne Dubuc
    Executive VP, Head of Fin. Markets, Co-President & Co-CEO of National Bank Financial
  • Ms. Julie Levesque
    Executive Vice-President of Technology & Operations
  • Marianne Ratte
    VP & Head of Investor Relations
  • Ms. Nicole Rondou
    Vice President of Compliance
  • Dominic Paradis
    Senior VP of Legal Affairs & Corporate Secretary
  • Claude Breton
    Vice-President of Communications & Corporate Social Responsibility
  • Ms. Brigitte Hebert
    Head of Employee Experience & Executive VP of Employee Experience

Should I Buy National Bank of Canada Stock? NA Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in National Bank of Canada:

  • National Bank of Canada operates through four segments, including Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International, providing diversified revenue streams.
  • The company offers a wide range of financial services to individuals, businesses, institutional clients, and governments in Canada and internationally, showcasing a broad customer base.
  • Recent price target upgrades by investment analysts indicate positive sentiment towards the stock, potentially leading to price appreciation.
  • The consensus rating of "Hold" with a consensus price target of C$107.00 suggests stability and potential growth in the stock value.
  • National Bank of Canada has a long-standing history since its founding in 1859, indicating stability and experience in the financial industry.

Cons

Investors should be bearish about investing in National Bank of Canada for these reasons:

  • The stock has received a "hold" rating from analysts, indicating a lack of strong buy signals and potential limited short-term growth.
  • Two investment analysts have rated the stock with a sell rating, suggesting some concerns about the company's performance or outlook.
  • Despite the positive aspects, the stock may face volatility in the market due to external factors impacting the financial industry.
  • Investors should carefully consider the competitive landscape and regulatory environment in which National Bank of Canada operates to assess potential risks.
  • Market conditions and economic factors could influence the stock price of National Bank of Canada, requiring a thorough risk assessment before investment.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these National Bank of Canada pros and cons to contact@marketbeat.com.

NA Stock Analysis - Frequently Asked Questions

Should I buy or sell National Bank of Canada stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National Bank of Canada in the last twelve months. There are currently 2 sell ratings, 8 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NA, but not buy additional shares or sell existing shares.
View NA analyst ratings
or view top-rated stocks.

What is National Bank of Canada's stock price target for 2024?

13 brokerages have issued 12 month price targets for National Bank of Canada's stock. Their NA share price targets range from C$96.00 to C$121.00. On average, they predict the company's share price to reach C$108.00 in the next year. This suggests that the stock has a possible downside of 3.4%.
View analysts price targets for NA
or view top-rated stocks among Wall Street analysts.

How have NA shares performed in 2024?

National Bank of Canada's stock was trading at C$101.00 on January 1st, 2024. Since then, NA shares have increased by 10.7% and is now trading at C$111.80.
View the best growth stocks for 2024 here
.

When is National Bank of Canada's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 29th 2024.
View our NA earnings forecast
.

How were National Bank of Canada's earnings last quarter?

National Bank of Canada (TSE:NA) announced its quarterly earnings data on Wednesday, February, 28th. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.38 by $0.21. The financial services provider had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.72 billion. National Bank of Canada had a net margin of 34.22% and a trailing twelve-month return on equity of 14.73%.

How often does National Bank of Canada pay dividends? What is the dividend yield for National Bank of Canada?

National Bank of Canada announced a quarterly dividend on Friday, March 22nd. Investors of record on Monday, March 25th will be given a dividend of 1.06 per share on Wednesday, May 1st. This represents a $4.24 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date is Friday, March 22nd.
Read our dividend analysis for NA
.

Is National Bank of Canada a good dividend stock?

National Bank of Canada (TSE:NA) pays an annual dividend of C$4.24 per share and currently has a dividend yield of 3.70%. The dividend payout ratio is 44.63%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for NA.

What other stocks do shareholders of National Bank of Canada own?
How do I buy shares of National Bank of Canada?

Shares of NA 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:NA) was last updated on 4/24/2024 by MarketBeat.com Staff

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