13.3 C
New York
Saturday, December 9, 2023

Searching For Real Value In Market Debris At Bank Of Nova Scotia (NYSE: BNS)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Bank Of Nova Scotia (BNS) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.20, or 0.49%, to $40.96. The Bank Of Nova Scotia has recorded 185,796 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Scotiabank announces sale of equity interest in Canadian Tire Financial Services.

Elon Musk just Triggered a BOOM in These Stocks

Something strange is happening in the stock market…. This select group of stocks are going absolutely bananas. And it's all because of Elon Musk. Get your copy of "Top 5 Tech Stocks to Buy in 2024"

Click Here to Download the FREE Report.

Sponsored

Stocks Info

As a NYSE listed company, BNS falls under the Financial sector while operating within the Banks – Diversified industry segment. At the end of the last regular session, the stock closed at $40.76 and fluctuated between $40.86 as its day high and $40.21 as its day low. The current market capitalization of Bank Of Nova Scotia is $48.84B. A total of 1.46 million shares were traded on the day, compared to an average of 1.58M shares.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Bank Of Nova Scotia pays an annual dividend of $3.08, resulting in a dividend yield of 7.56%, and it has a price to earnings (P/E) ratio of 8.62. BNS’s most recent ex-dividend date was 9/29/2023 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for BNS in the last 3 months, the mean price target is $48.23 with high estimates of $52.00 and low estimates of $44.46. In terms of 52-week highs and lows, BNS has a high of $55.91 and a low of $39.79.

As of this writing, BNS has an earnings estimate of $1.26 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $1.3 per share and a lower estimate of $1.1. 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

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $42.85, while its Total Shareholder’s Equity was $72.89B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles