National Bank of Canada (OTCMKTS:NTIOF) – Stock analysts at National Bank Financial lowered their Q3 2019 EPS estimates for shares of National Bank of Canada in a report issued on Thursday, May 30th. National Bank Financial analyst G. Dechaine now anticipates that the financial services provider will post earnings per share of $1.17 for the quarter, down from their previous estimate of $1.18. National Bank Financial also issued estimates for National Bank of Canada’s FY2020 earnings at $4.77 EPS.
Several other equities research analysts also recently weighed in on the stock. Zacks Investment Research raised shares of National Bank of Canada from a “sell” rating to a “hold” rating in a report on Wednesday, February 6th. ValuEngine downgraded shares of National Bank of Canada from a “hold” rating to a “sell” rating in a report on Tuesday, April 9th. Finally, Jefferies Financial Group started coverage on shares of National Bank of Canada in a report on Friday, May 3rd. They issued a “buy” rating for the company. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. National Bank of Canada currently has an average rating of “Hold” and a consensus price target of $52.00.
Shares of NTIOF opened at $45.92 on Monday. National Bank of Canada has a 1 year low of $39.85 and a 1 year high of $51.95. The firm has a market cap of $15.04 billion, a PE ratio of 9.85 and a beta of 1.24.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 1st. Investors of record on Tuesday, June 25th will be issued a $0.508 dividend. The ex-dividend date is Monday, June 24th. This represents a $2.03 annualized dividend and a yield of 4.43%. This is an increase from National Bank of Canada’s previous quarterly dividend of $0.48. National Bank of Canada’s dividend payout ratio is presently 42.27%.
National Bank of Canada Company Profile
National Bank of Canada provides various financial products and services to retail, commercial, corporate, and institutional clients in Canada and internationally. It operates through Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International segments.