FY2026 EPS Estimate for Bank of Nova Scotia Cut by Analyst

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Analysts at Cormark reduced their FY2026 earnings per share estimates for Bank of Nova Scotia in a report released on Friday, February 21st. Cormark analyst L. Persaud now expects that the bank will post earnings per share of $7.98 for the year, down from their previous estimate of $7.99. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $7.13 per share.

BNS has been the subject of several other reports. Royal Bank of Canada boosted their target price on shares of Bank of Nova Scotia from C$74.00 to C$83.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 8th. National Bankshares lifted their price target on shares of Bank of Nova Scotia from C$66.00 to C$78.00 in a research note on Wednesday, November 20th. TD Securities reduced 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 research note on Wednesday, December 4th. Barclays raised Bank of Nova Scotia from a “strong sell” rating to a “hold” rating in a report on Thursday, November 21st. Finally, Jefferies Financial Group cut their price target on Bank of Nova Scotia from C$81.00 to C$77.00 in a report on Tuesday, February 18th. Nine analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Bank of Nova Scotia currently has an average rating of “Hold” and an average price target of C$78.33.

Bank of Nova Scotia Stock Down 1.1 %

TSE BNS opened at C$71.40 on Monday. The company has a 50-day moving average price of C$74.45 and a 200-day moving average price of C$72.88. Bank of Nova Scotia has a 52 week low of C$60.68 and a 52 week high of C$80.14. The firm has a market capitalization of C$87.50 billion, a P/E ratio of 11.28, a PEG ratio of 1.33 and a beta of 0.97.

Bank of Nova Scotia Dividend Announcement

The firm also recently announced 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. This represents a $4.24 annualized dividend and a dividend yield of 5.94%. The ex-dividend date of this dividend was Tuesday, January 7th. Bank of Nova Scotia’s dividend payout ratio is currently 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.