After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for The Bank of Nova Scotia (BNS) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.31, or -0.64%, to $47.83. The The Bank of Nova Scotia has recorded 401,180 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Scotiabank Announces Senior Leadership Appointments.
BNS belongs to the Financial sector of the NYSE while operating in the Banks – Diversified industry. At the end of the last regular session, the stock closed at $48.14 and fluctuated between $48.21 as its day high and $47.69 as its day low. The current market capitalization of The Bank of Nova Scotia is $56.57B. A total of 1.66 million shares were traded on the day, compared to an average of 1.30M shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, BNS has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 30 BUYs and 3 SELLs from insiders. Insiders purchased 126,955 shares during that period but sold 25,576.
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. The Bank of Nova Scotia pays an annual dividend of $3.13, resulting in a dividend yield of 6.50%, and it has a price to earnings (P/E) ratio of 10.16. BNS’s most recent ex-dividend date was 10/2/2023 when it declared a $0.7801 quarterly dividend that was paid in cash on 10/27/2023. Previously, the company paid the dividend on 7/27/2023 with an ex-dividend date of 7/3/2023. The BNS stock dividend was $0.7851 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for BNS in the last 3 months, the mean price target is $54.22 with high estimates of $66.40 and low estimates of $44.25. In terms of 52-week highs and lows, BNS has a high of $57.25 and a low of $45.25.
As of this writing, BNS has an earnings estimate of $1.31 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $1.39 per share and a lower estimate of $1.27. The company reported an EPS of $1.29 in the last quarter, which was -3.70% lower than expectations of $1.34.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was $41.98, while its Total Shareholder’s Equity was $72.89B.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BNS is Buy with a score of 2.83.