Q1 EPS Estimate for Bank of Nova Scotia Decreased by Analyst

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Equities research analysts at Desjardins dropped their Q1 2025 earnings per share (EPS) estimates for shares of Bank of Nova Scotia in a research report issued on Tuesday, February 4th. Desjardins analyst D. Young now expects that the bank will earn $1.62 per share for the quarter, down from their prior estimate of $1.66. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $7.13 per share.

BNS has been the subject of a number of other research reports. CIBC increased their target price on shares of Bank of Nova Scotia from C$82.00 to C$84.00 in a research report on Tuesday, November 26th. TD Securities decreased their price objective on Bank of Nova Scotia from C$82.00 to C$81.00 and set a “buy” rating for the company in a report on Wednesday, December 4th. Royal Bank of Canada boosted their target price on Bank of Nova Scotia from C$74.00 to C$83.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 8th. Accountability Research set a C$82.00 target price on Bank of Nova Scotia and gave the company a “buy” rating in a research report on Thursday, January 9th. Finally, Barclays raised Bank of Nova Scotia from a “strong sell” rating to a “hold” rating in a report on Thursday, November 21st. Seven equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$77.92.

Bank of Nova Scotia Stock Performance

BNS stock opened at C$72.89 on Thursday. Bank of Nova Scotia has a one year low of C$60.68 and a one year high of C$80.14. The firm has a market cap of C$90.38 billion, a price-to-earnings ratio of 12.77, a PEG ratio of 1.33 and a beta of 0.97. The firm has a 50-day simple moving average of C$76.27 and a two-hundred day simple moving average of C$71.99.

Bank of Nova Scotia Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Tuesday, January 7th were given a dividend of $1.06 per share. The ex-dividend date was Tuesday, January 7th. This represents a $4.24 dividend on an annualized basis and a yield of 5.82%. Bank of Nova Scotia’s dividend payout ratio is currently 74.26%.

Bank of Nova Scotia Company Profile

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 Wealth Management, and Global Banking and Markets segments.