Bank of Nova Scotia (TSE:BNS) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$106.88 and traded as high as C$123.42. Bank of Nova Scotia shares last traded at C$123.38, with a volume of 5,211,267 shares.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Jefferies Financial Group increased their price target on Bank of Nova Scotia from C$104.00 to C$105.00 in a research report on Wednesday, May 20th. Canadian Imperial Bank of Commerce upped their price objective on Bank of Nova Scotia from C$116.00 to C$122.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. National Bank Financial lifted their price target on shares of Bank of Nova Scotia from C$100.00 to C$106.00 and gave the company a “sector perform” rating in a research report on Friday, May 15th. Desjardins increased their price objective on shares of Bank of Nova Scotia from C$108.00 to C$115.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Finally, TD upped their price objective on Bank of Nova Scotia from C$112.00 to C$113.00 and gave the stock a “hold” rating in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of C$111.54.

Bank of Nova Scotia Stock Up 0.8%

The stock has a 50 day moving average of C$117.21 and a 200 day moving average of C$106.88. The company has a market capitalization of C$150.68 billion, a price-to-earnings ratio of 17.02, a price-to-earnings-growth ratio of 1.33 and a beta of 1.29.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last announced its earnings results on Wednesday, May 27th. The bank reported C$2.02 earnings per share for the quarter. Bank of Nova Scotia had a net margin of 15.64% and a return on equity of 11.06%. The business had revenue of C$9.85 billion during the quarter. As a group, sell-side analysts anticipate that The Bank of Nova Scotia will post 7.1286267 EPS for the current fiscal year.

Bank of Nova Scotia Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 29th. Stockholders of record on Wednesday, July 29th will be issued a dividend of $1.14 per share. This is an increase from Bank of Nova Scotia’s previous quarterly dividend of $1.10. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Tuesday, July 7th. Bank of Nova Scotia’s dividend payout ratio is 60.69%.

About Bank of Nova Scotia

Scotiabank’s vision is to be our clients’ most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: ‘for every future,’ we help our clients, their families and their communities achieve success through a broad range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.5 trillion (as at January 31, 2026), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS).