Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – National Bank Financial decreased their Q1 2019 earnings per share estimates for Bank of Nova Scotia in a report released on Monday, November 19th. National Bank Financial analyst G. Dechaine now expects that the bank will post earnings of $1.83 per share for the quarter, down from their prior estimate of $1.84. National Bank Financial has a “Sector Perform” rating and a $81.00 price objective on the stock.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last posted its quarterly earnings results on Tuesday, August 28th. The bank reported C$1.76 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$1.78 by C($0.02). The business had revenue of C$7.18 billion for the quarter, compared to the consensus estimate of C$7.25 billion.

A number of other equities analysts also recently commented on BNS. Eight Capital raised their target price on shares of Bank of Nova Scotia from C$93.00 to C$94.00 in a research note on Wednesday, August 29th. TD Securities cut their target price on shares of Bank of Nova Scotia from C$95.00 to C$90.00 and set a “buy” rating on the stock in a research note on Wednesday, August 29th. Finally, Barclays cut their target price on shares of Bank of Nova Scotia from C$90.00 to C$85.00 in a research note on Friday, November 16th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Bank of Nova Scotia currently has a consensus rating of “Buy” and a consensus price target of C$87.45.

TSE:BNS opened at C$70.28 on Thursday. Bank of Nova Scotia has a fifty-two week low of C$69.01 and a fifty-two week high of C$84.55.

The firm also recently announced a quarterly dividend, which was paid on Monday, October 29th. Stockholders of record on Tuesday, October 2nd were paid a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.84%. The ex-dividend date was Monday, October 1st. This is an increase from Bank of Nova Scotia’s previous quarterly dividend of $0.82. Bank of Nova Scotia’s dividend payout ratio (DPR) is currently 47.75%.

In other news, Director Brian J. Porter purchased 5,000 shares of the stock in a transaction that occurred on Wednesday, September 12th. The stock was acquired at an average cost of C$75.18 per share, with a total value of C$375,900.00. Also, Director Una Marie Power acquired 3,283 shares of the firm’s stock in a transaction on Monday, October 1st. The shares were bought at an average cost of C$76.19 per share, with a total value of C$250,131.77. Over the last ninety days, insiders have purchased 13,312 shares of company stock valued at $1,006,223.

Bank of Nova Scotia Company Profile

The Bank of Nova Scotia provides various financial services in North America, Latin America, the Caribbean and Central America, and the Asia-Pacific. It offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and related creditor insurance to individuals and small businesses; and commercial banking solutions comprising lending, deposit, cash management, and trade finance solutions to medium and large businesses, including automotive dealers and their customers.

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Earnings History and Estimates for Bank of Nova Scotia (TSE:BNS)

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