The Bank of Nova Scotia (TSE:BNS – Get Free Report) (NYSE:BNS) shares hit a new 52-week high on Wednesday after Jefferies Financial Group raised their price target on the stock from C$104.00 to C$105.00. The stock traded as high as C$107.84 and last traded at C$107.79, with a volume of 672809 shares changing hands. The stock had previously closed at C$106.33.
Several other equities research analysts have also recently weighed in on BNS. National Bank Financial upped their price objective on shares of Bank of Nova Scotia from C$100.00 to C$106.00 and gave the stock a “sector perform” rating in a research report on Friday, May 15th. TD Securities cut shares of Bank of Nova Scotia from a “buy” rating to a “hold” rating and decreased their price objective for the stock from C$112.00 to C$111.00 in a research report on Tuesday, March 3rd. Royal Bank Of Canada decreased their price objective on shares of Bank of Nova Scotia from C$106.00 to C$98.00 and set a “sector perform” rating on the stock in a research report on Wednesday, March 25th. Canaccord Genuity Group decreased their price objective on shares of Bank of Nova Scotia from C$110.00 to C$108.00 and set a “hold” rating on the stock in a research report on Wednesday. Finally, Raymond James Financial upped their price objective on shares of Bank of Nova Scotia from C$117.00 to C$120.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of C$107.77.
Bank of Nova Scotia Price Performance
Bank of Nova Scotia (TSE:BNS – Get Free Report) (NYSE:BNS) last announced its quarterly earnings data on Tuesday, February 24th. The bank reported C$2.05 EPS for the quarter. The business had revenue of C$10.08 billion during the quarter. Bank of Nova Scotia had a return on equity of 10.41% and a net margin of 14.45%. Sell-side analysts forecast that The Bank of Nova Scotia will post 7.1286267 earnings per share for the current fiscal year.
Bank of Nova Scotia Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, April 28th. Stockholders of record on Tuesday, April 28th were given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, April 7th. Bank of Nova Scotia’s payout ratio is currently 64.69%.
Bank of Nova Scotia Company Profile
Scotiabank’s vision is to be our clients’ most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: ‘for every future,’ we help our clients, their families and their communities achieve success through a broad range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.5 trillion (as at January 31, 2026), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS).
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