With 1.6 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.5 million shares. During the session, the Banks – Diversified company that operates in wider Financial sector, reached to the highest price of $50.94 whereas the lowest price it dropped to was $50.5499. The 52-week range on BNS shows that it touched its highest point at $57.07 and its lowest point at $43.67 during that stretch. It currently has a 1-year price target of $59.27. With its current market cap of 62.62 billion, BNS has annualized dividend of $3.08 while the current yield stands at 6.05%. BNS paid its most recent dividend on 1727827200, while the ex-dividend date for that was 1727827200. Beta for the stock currently stands at 1.10.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BNS was down-trending over the past week, with a drop of -1.79%, but this was down by -5.16% over a month. Three-month performance dropped to -3.98% while six-month performance rose 12.21%. The stock gained 10.19% in the past year, while it has lost -5.19% so far this year. A look at the trailing 12-month EPS for BNS yields 4.32 with Next year EPS estimates of 5.58. For the next quarter, that number is 1.17. This implies an EPS growth rate of 6.67% for this year and 13.76% for next year. EPS is expected to grow by 7.78% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.89%.
Float and Shares Shorts:
At present, 1.24 billion BNS shares are outstanding with a float of 1.23 billion shares on hand for trading. On 2024-11-15, short shares totaled 26.85 million, which was 236.99998999999997 higher than short shares on 1728950400. In addition to Mr. L. Scott Thomson as the firm’s President, CEO & Director, Mr. Rajagopal Viswanathan serves as its Group Head & CFO.
Institutional Ownership:
Through their ownership of 0.51414 of BNS’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BNS since 8 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BNS analysts setting a high price target of 65.170876 and a low target of 53.775093, the average target price over the next 12 months is 57.608368. Based on these targets, BNS could surge 27.96% to reach the target high and rise by 5.59% to reach the target low. Reaching the average price target will result in a growth of 13.11% from current levels.
Analysts have provided yearly estimates in a range of $6.64566 being high and $6.3579 being low. For BNS, this leads to a yearly average estimate of $6.49492.
