Bank of Nova Scotia (BNS) Set to Announce Quarterly Earnings on Tuesday

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) will issue its quarterly earnings data before the market opens on Tuesday, November 28th. Analysts expect the company to announce earnings of C$1.67 per share for the quarter.

Bank of Nova Scotia (TSE:BNS) opened at C$84.87 on Tuesday. Bank of Nova Scotia has a 1-year low of C$72.12 and a 1-year high of C$85.20.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 27th. Investors of record on Tuesday, October 3rd were issued a $0.79 dividend. This is an increase from Bank of Nova Scotia’s previous quarterly dividend of $0.76. The ex-dividend date was Monday, October 2nd. This represents a $3.16 dividend on an annualized basis and a dividend yield of 3.72%. Bank of Nova Scotia’s dividend payout ratio (DPR) is presently 46.73%.

Several analysts have issued reports on BNS shares. National Bank Financial raised their price objective on shares of Bank of Nova Scotia from C$85.00 to C$86.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 30th. Scotiabank decreased their price objective on shares of Bank of Nova Scotia from C$89.00 to C$88.00 and set an “outperform” rating for the company in a research note on Wednesday, August 30th. CIBC raised their price objective on shares of Bank of Nova Scotia from C$85.00 to C$87.00 in a research note on Wednesday, August 30th. BMO Capital Markets raised their price objective on shares of Bank of Nova Scotia from C$83.00 to C$85.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 30th. Finally, Canaccord Genuity lifted their price target on shares of Bank of Nova Scotia from C$88.00 to C$92.00 in a research note on Wednesday, November 1st. Eight equities research analysts have rated the stock with a buy rating, Bank of Nova Scotia currently has a consensus rating of “Buy” and a consensus price target of C$87.46.

In other news, insider Deborah Alexander sold 7,114 shares of Bank of Nova Scotia stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of C$76.76, for a total transaction of C$546,070.64. Also, insider Kyle Mcnamara sold 3,036 shares of Bank of Nova Scotia stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of C$80.53, for a total transaction of C$244,489.08. Insiders sold 10,364 shares of company stock worth $807,789 over the last ninety days.

WARNING: This story was originally published by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this story on another website, it was stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this story can be viewed at https://stocknewstimes.com/2017/11/21/bank-of-nova-scotia-bns-set-to-announce-quarterly-earnings-on-tuesday.html.

Bank of Nova Scotia Company Profile

The Bank of Nova Scotia is an international bank and a financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

Receive News & Ratings for Bank of Nova Scotia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Nova Scotia and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply