Q2 Earnings Estimate for TSE:BNS Issued By Cormark

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Stock analysts at Cormark issued their Q2 2025 earnings estimates for Bank of Nova Scotia in a research report issued to clients and investors on Tuesday, May 20th. Cormark analyst L. Persaud anticipates that the bank will earn $1.60 per share for the quarter. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $7.13 per share. Cormark also issued estimates for Bank of Nova Scotia’s FY2025 earnings at $6.95 EPS.

A number of other analysts have also recently weighed in on BNS. National Bankshares set a C$71.00 target price on shares of Bank of Nova Scotia and gave the company a “sector perform” rating in a research note on Thursday. Cibc World Mkts cut shares of Bank of Nova Scotia from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 18th. Bank of America cut shares of Bank of Nova Scotia from a “buy” rating to a “neutral” rating and lowered their target price for the company from C$82.00 to C$70.00 in a research note on Monday, March 31st. UBS Group lowered their target price on shares of Bank of Nova Scotia from C$85.00 to C$78.00 in a research note on Thursday. Finally, Royal Bank of Canada lowered their target price on shares of Bank of Nova Scotia from C$83.00 to C$81.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 26th. Nine equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of C$76.64.

Bank of Nova Scotia Stock Performance

Shares of BNS opened at C$71.69 on Friday. The company has a 50-day simple moving average of C$68.18 and a 200-day simple moving average of C$72.44. The firm has a market capitalization of C$87.85 billion, a P/E ratio of 11.33, a P/E/G ratio of 1.33 and a beta of 0.97. Bank of Nova Scotia has a 52 week low of C$60.68 and a 52 week high of C$80.14.

Bank of Nova Scotia Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 28th. Stockholders of record on Monday, April 28th were issued a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a dividend yield of 5.91%. The ex-dividend date was Tuesday, April 1st. Bank of Nova Scotia’s payout ratio is 67.00%.

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.