Q2 EPS Estimate for Bank of Nova Scotia Reduced by Analyst

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Investment analysts at Desjardins cut their Q2 2025 EPS estimates for shares of Bank of Nova Scotia in a report issued on Tuesday, February 25th. Desjardins analyst D. Young now anticipates that the bank will post earnings of $1.63 per share for the quarter, down from their previous estimate of $1.73. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $7.13 per share. Desjardins also issued estimates for Bank of Nova Scotia’s Q3 2025 earnings at $1.92 EPS and Q4 2025 earnings at $1.91 EPS.

Several other equities research analysts have also recently commented on BNS. Canaccord Genuity Group raised shares of Bank of Nova Scotia from a “hold” rating to a “buy” rating and boosted their price target for the stock from C$71.00 to C$84.00 in a research report on Tuesday, November 19th. TD Securities cut their price target on shares of Bank of Nova Scotia from C$82.00 to C$81.00 and set a “buy” rating on the stock in a research report on Wednesday, December 4th. Jefferies Financial Group cut their price target on shares of Bank of Nova Scotia from C$81.00 to C$77.00 in a research report on Tuesday, February 18th. BMO Capital Markets boosted their price target on shares of Bank of Nova Scotia from C$72.00 to C$84.00 in a research report on Monday, November 18th. Finally, Royal Bank of Canada cut their price target 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 report on Wednesday. Eight analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of C$79.09.

Bank of Nova Scotia Trading Up 0.1 %

BNS opened at C$71.82 on Thursday. The firm’s fifty day simple moving average is C$74.15 and its 200 day simple moving average is C$73.00. Bank of Nova Scotia has a 12 month low of C$60.68 and a 12 month high of C$80.14. The stock has a market capitalization of C$88.01 billion, a P/E ratio of 11.35, a P/E/G ratio of 1.33 and a beta of 0.97.

Bank of Nova Scotia Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 29th. Investors of record on Tuesday, January 7th were given a dividend of $1.06 per share. The ex-dividend date of this dividend was Tuesday, January 7th. This represents a $4.24 annualized dividend and a dividend yield of 5.90%. Bank of Nova Scotia’s dividend payout ratio is 67.00%.

About Bank of Nova Scotia

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.