A better buy-in window may exist right now for Bank Of Nova Scotia (BNS)

With 1.87 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.02 million shares. During the session, the Banks – Diversified company that operates in wider Financial sector, reached to the highest price of $48.575 whereas the lowest price it dropped to was $48.14. 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 $51.42. With its current market cap of 60.48 billion, BNS has annualized dividend of $3.04 while the current yield stands at 6.27%. BNS paid its most recent dividend on 1727827200, while the ex-dividend date for that was 1743465600. Beta for the stock currently stands at 1.09.

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 up-trending over the past week, with a rise of 3.08%, but this was down by -0.39% over a month. Three-month performance dropped to -6.13% while six-month performance fell -8.20%. The stock gained 3.12% in the past year, while it has lost -9.61% so far this year. A look at the trailing 12-month EPS for BNS yields 3.55 with Next year EPS estimates of 5.54. For the next quarter, that number is 1.11. This implies an EPS growth rate of 5.85% for this year and 13.73% for next year. EPS is expected to grow by 8.27% 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, 1.25 billion BNS shares are outstanding with a float of 1.24 billion shares on hand for trading. On 2025-03-31, short shares totaled 41.8 million, which was 336.0 higher than short shares on 1740700800. 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 0.49081 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 54.68709 and a low target of 49.05912, the average target price over the next 12 months is 52.75078. Based on these targets, BNS could surge 12.62% to reach the target high and rise by 1.03% to reach the target low. Reaching the average price target will result in a growth of 8.63% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. 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. Based on analyst estimates, the high estimate for the next quarter is $1.92 and the low estimate is $1.59. The average estimate for the next quarter is thus $1.78.