Should I buy or sell Toronto-Dominion Bank stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TD, but not buy additional shares or sell existing shares. View TD analyst ratings or view top-rated stocks .

What is Toronto-Dominion Bank's stock price target for 2024?

7 brokers have issued 1 year price objectives for Toronto-Dominion Bank's shares. Their TD share price targets range from $82.00 to $94.00. On average, they predict the company's share price to reach $89.33 in the next twelve months. This suggests a possible upside of 57.8% from the stock's current price. View analysts price targets for TD or view top-rated stocks among Wall Street analysts .

How have TD shares performed in 2024?

Toronto-Dominion Bank's stock was trading at $64.62 at the beginning of 2024. Since then, TD shares have decreased by 12.4% and is now trading at $56.61. View the best growth stocks for 2024 here .

Are investors shorting Toronto-Dominion Bank?

Toronto-Dominion Bank saw a increase in short interest in March. As of March 31st, there was short interest totaling 25,970,000 shares, an increase of 125.0% from the March 15th total of 11,540,000 shares. Based on an average trading volume of 2,960,000 shares, the short-interest ratio is currently 8.8 days. Approximately 1.5% of the company's stock are short sold. View Toronto-Dominion Bank's Short Interest .

When is Toronto-Dominion Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024. View our TD earnings forecast .

How were Toronto-Dominion Bank's earnings last quarter?

The Toronto-Dominion Bank (NYSE:TD) issued its quarterly earnings results on Thursday, February, 29th. The bank reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.05. The bank had revenue of $10.07 billion for the quarter, compared to the consensus estimate of $9.35 billion. Toronto-Dominion Bank had a trailing twelve-month return on equity of 14.15% and a net margin of 11.16%.

How often does Toronto-Dominion Bank pay dividends? What is the dividend yield for Toronto-Dominion Bank?

Toronto-Dominion Bank announced a quarterly dividend on Friday, March 1st. Investors of record on Tuesday, April 9th will be paid a dividend of $0.7519 per share on Tuesday, April 30th. This represents a $3.01 dividend on an annualized basis and a dividend yield of 5.31%. The ex-dividend date of this dividend is Monday, April 8th. This is a boost from the stock's previous quarterly dividend of $0.75. Read our dividend analysis for TD .

Is Toronto-Dominion Bank a good dividend stock?

Toronto-Dominion Bank (NYSE:TD) pays an annual dividend of $1.43 per share and currently has a dividend yield of 2.52%. The dividend payout ratio is 30.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TD will have a dividend payout ratio of 22.81% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TD .

What ETFs hold Toronto-Dominion Bank's stock?

ETFs with the largest weight of Toronto-Dominion Bank (NYSE:TD) stock in their portfolio include Invesco International Dividend Achievers ETF (PID) , Vanguard International Dividend Appreciation ETF (VIGI) , Schwab International Dividend Equity ETF (SCHY) , iShares Global Financials ETF (IXG) , Vanguard International High Dividend Yield ETF (VYMI) , BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) , Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF) and Pacer Trendpilot International ETF (PTIN) .

What is Bharat Masrani's approval rating as Toronto-Dominion Bank's CEO?

2,459 employees have rated Toronto-Dominion Bank Chief Executive Officer Bharat Masrani on Glassdoor.com . Bharat Masrani has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Toronto-Dominion Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Toronto-Dominion Bank investors own include Intact Financial (IFC) , Constellation Software (CSU) , AutoCanada (ACQ) , Alimentation Couche-Tard (ATD.B) , AbbVie (ABBV) , Vermilion Energy (VET) , AT&T (T) , Pfizer (PFE) , Royal Bank of Canada (RY) and Rogers Communications (RCI) .

Who are Toronto-Dominion Bank's major shareholders?

Toronto-Dominion Bank's stock is owned by many different institutional and retail investors. Top institutional investors include Cardinal Capital Management Inc. (0.09%), Nexus Investment Management ULC (0.05%), Hennessy Advisors Inc. (0.00%), Pacifica Partners Inc. (0.00%), IMC Chicago LLC (0.00%) and Cardinal Capital Management (0.00%).

How do I buy shares of Toronto-Dominion Bank?

Shares of TD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Toronto-Dominion Bank have any subsidiaries?

The following companies are subsidiares of Toronto-Dominion Bank: Epoch Investment Partners Inc., Greystone Managed Investments, Headlands Tech Global Markets LLC, Layer 6 AI, Meloche Monnex Inc., Primmum Insurance Company, Scottrade Bank, Security National Insurance Company, TD Ameritrade, TD Asset Administration UK Limited, TD Asset Management Inc., TD Auto Finance (Canada) Inc., TD Auto Finance LLC, TD Auto Finance Services Inc., TD Bank Europe Limited, TD Bank International S.A., TD Bank N.V., TD Bank National Association, TD Bank US Holding Company, TD Bank USA National Association, TD Direct Insurance Inc., TD Direct Investing (Europe) Limited, TD Equipment Finance Inc., TD Financial International Ltd., TD Financing Services Home Inc., TD Financing Services Inc., TD General Insurance Company, TD Global Finance, TD Global Finance Unlimited Company, TD Group US Holdings LLC, TD Home and Auto Insurance Company, TD Investment Services Inc., TD Ireland, TD Ireland Unlimited Company, TD Life Insurance Company, TD Luxembourg International Holdings, TD Mortgage Corporation, TD Pacific Mortgage Corporation, TD Private Client Wealth LLC, TD Reinsurance (Barbados) Inc., TD Securities (Japan) Co. Ltd., TD Securities (USA) LLC, TD Securities Inc., TD Securities Limited, TD Vermillion Holdings ULC, TD Waterhouse Canada Inc., TD Waterhouse Private Investment Counsel Inc., TD Wealth Holdings (UK) Limited, TD Wealth Management Services Inc., TDAM USA Inc., The Canada Trust Company, Thirdco II Limited, Toronto Dominion (New York) LLC, Toronto Dominion (South East Asia) Limited, Toronto Dominion (Texas) LLC, Toronto Dominion Australia Limited, Toronto Dominion Capital (U.S.A.) Inc., Toronto Dominion Holdings (U.K.) Limited, Toronto Dominion Holdings (U.S.A.) Inc., Toronto Dominion International Inc., and Toronto Dominion Investments B.V.. Read More

NYSE:TD

Toronto-Dominion Bank (TD) Stock Price, News & Analysis

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$55.91

-0.66 (-1.17%)

(As of 10:10 AM ET)

Compare

Today's Range: $55.86
▼
$56.37
50-Day Range: $56.57
▼
$60.81
52-Week Range: $54.69
▼
$66.15

Volume: 391,965 shs
Average Volume: 2.91 million shs
Market Capitalization: $98.58 billion

P/E Ratio: 11.95
Dividend Yield: 2.56%
Price Target: $89.33

Get Toronto-Dominion Bank alerts:

Toronto-Dominion Bank MarketRank™ Stock Analysis

Analyst Rating: Hold
2.29 Rating Score
Upside/Downside: 57.8% Upside
$89.33 Price Target
Short Interest: Bearish
1.47% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.76
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 7.18%
From $5.85 to $6.27 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.36 out of 5 stars

Finance Sector

468th out of 879 stocks

Commercial Banks, Not Elsewhere Classified Industry

14th out of 28 stocks

3.1

Analyst's Opinion

Consensus Rating
Toronto-Dominion Bank has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Toronto-Dominion Bank has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
1.47% of the float of Toronto-Dominion Bank has been sold short.
Short Interest Ratio / Days to Cover
Toronto-Dominion Bank has a short interest ratio ("days to cover") of 8.8.
Change versus previous month
Short interest in Toronto-Dominion Bank has recently increased by 125.04%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Toronto-Dominion Bank pays a meaningful dividend of 2.52%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Toronto-Dominion Bank does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Toronto-Dominion Bank is 30.56%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Toronto-Dominion Bank will have a dividend payout ratio of 22.81% next year. This indicates that Toronto-Dominion Bank will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TD.

2.6

News and Social Media Coverage

News Sentiment
Toronto-Dominion Bank has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Toronto-Dominion Bank this week, compared to 8 articles on an average week.
Search Interest
Only 43 people have searched for TD on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.
MarketBeat Follows
Only 43 people have added Toronto-Dominion Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of -2% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Toronto-Dominion Bank insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.09% of the stock of Toronto-Dominion Bank is held by insiders.
Percentage Held by Institutions
52.37% of the stock of Toronto-Dominion Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Toronto-Dominion Bank are expected to grow by 7.18% in the coming year, from $5.85 to $6.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Toronto-Dominion Bank is 12.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of Toronto-Dominion Bank is 12.10, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.57.
Price to Earnings Growth Ratio
Toronto-Dominion Bank has a PEG Ratio of 1.75. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Toronto-Dominion Bank has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Toronto-Dominion Bank Stock (NYSE:TD)

The Toronto-Dominion Bank, also known as TD Bank, is a Canadian multinational bank that provides a wide range of financial services to customers in Canada, the United States, and worldwide. The bank was founded in 1855 in Toronto, Canada, and has since grown to become one of the largest banks in North America, with over 85,000 employees and more than 26 million customers. TD Bank is headquartered in Toronto, Canada, and has additional offices in New York City and other major cities throughout the United States.

TD Bank's key highlights and achievements include its status as the sixth-largest bank in North America by assets, its recognition as one of Canada's Best Managed Companies for 20 consecutive years, and its commitment to sustainability and corporate responsibility.

The management team at TD Bank is led by Chief Executive Officer Bharat Masrani, who has been with the company for over 30 years and has held various senior leadership positions before being appointed CEO in 2014.

Regarding financial performance, TD Bank has delivered consistent results over the past few years, with revenue and net income increasing yearly for the past several years. The bank's profit margins have also remained robust, with an average net profit margin of 25%. However, TD Bank has also faced challenges related to debt levels and changes in ownership, with a recent decrease in ownership by TD Ameritrade Holding Corporation. Regarding valuation, TD Bank's price-to-earnings and price-to-book ratios align with industry peers. The company's market performance has also been relatively stable, with modest price movements and steady trading volume over the past few years.

TD Bank operates in a highly competitive and regulated industry, with other major players, including the Bank of Montreal, Royal Bank of Canada, and Canadian Imperial Bank of Commerce. The broader banking industry is also subject to regulatory and political issues, such as changes in interest rates and financial regulations.

Despite these challenges, TD Bank has identified growth opportunities in new markets and product areas. These include launching new digital banking services and expanding the bank's presence in key markets such as the United States and Asia. TD Bank has also made several acquisitions in recent years, including the addition of Scottrade Bank in 2017 and the purchase of Chrysler Financial in 2011.

However, TD Bank also faces several risks and challenges, such as changes in consumer preferences and increased competition from fintech startups. The bank's focus on sustainability and corporate responsibility also presents risks related to environmental and social factors, such as climate change and social inequality. There are also recession risks involved. TD Bank could face challenges if there is a downturn in the economy.

TD Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TD Stock News Headlines

April 13, 2024 | fool.com

Want $1 Million in Retirement? 3 Stocks to Buy Now and Hold for Decades.

April 12, 2024 | finance.yahoo.com

This Is Why The Toronto-Dominion Bank's (TSE:TD) CEO Compensation Looks Appropriate

April 16, 2024 | Gold Safe Exchange (Ad)

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April 10, 2024 | msn.com

TD Bank: Should You Buy the Dip?

April 10, 2024 | finanznachrichten.de

Fair Market Value Capital Partners and TD Asset Management complete their acquisition of a minority stake In PSA's terminals In Italy

April 10, 2024 | fool.com

3 High-Yield Bank Stocks to Buy at a Discount

April 9, 2024 | finance.yahoo.com

Delayed Wheat Ship Left Russian Port After Egypt’s Request

April 5, 2024 | pymnts.com

TD Bank Taps Google Cloud to Streamline Deployment of Applications

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

April 4, 2024 | ca.news.yahoo.com

Bank says mobile services now restored to all customers

April 4, 2024 | businesswire.com

TD and Cricket Canada Come Together for the Love of the Game

March 31, 2024 | bizjournals.com

Small Deposits: Graham Co. names new leadership; TD unveils early pay product

March 31, 2024 | fool.com

High-Yielding Toronto-Dominion Bank Stock: Buy, Sell, or Hold?

March 30, 2024 | 247wallst.com

5 Very Large Cap Blue Chip Stocks With 5% and Higher Dividends

March 27, 2024 | theglobeandmail.com

RBC’s head of Canadian research leaves for TD

March 25, 2024 | finance.yahoo.com

/R E P E A T -- MEDIA ADVISORY - TD Bank Group Executive to Present at the National Bank Financial Services Conference/

March 22, 2024 | finance.yahoo.com

Top Russia Grain Trader Says Exports Blocked by Agricultural Watchdog

March 19, 2024 | bizjournals.com

Inside First Horizon's 'action' plan taken after TD merger termination, stock price drop

March 18, 2024 | msn.com

How to Build a Bulletproof Monthly Passive-Income Portfolio With Just $10,000 and TD Stock

March 18, 2024 | cnet.com

TD Bank: 2024 Home Equity Review

March 15, 2024 | fool.com

Want Decades of Passive Income? 2 Stocks to Buy Now

March 14, 2024 | fool.com

2 No-Brainer Dividend Stocks to Buy With $200 Right Now

March 13, 2024 | finance.yahoo.com

UK Bond Demand Hits Record as Easing Bets Outweigh Supply Fears

March 12, 2024 | theglobeandmail.com

TD Bank CEO took pay cut in 2023 amid U.S. regulatory probe

March 12, 2024 | finance.yahoo.com

TD Bank Group Management Proxy Circular Now Available

March 12, 2024 | finance.yahoo.com

UPDATE 2-TD CEO Masrani took a pay cut in 2023 amid US regulatory issues, First Horizon deal

March 12, 2024 | finance.yahoo.com

TD Bank Group Announces Redemption of Non-Cumulative 5-Year Rate Reset Class A First Preferred Shares, Series 22 (NVCC)

See More Headlines

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Company Calendar

Ex-Dividend for 1/31 Dividend: 1/09/2024
Dividend Payable: 1/31/2024
Last Earnings: 2/29/2024
Ex-Dividend for 4/30 Dividend: 4/08/2024
Today: 4/16/2024
Dividend Payable: 4/30/2024
Next Earnings (Estimated): 5/23/2024
Fiscal Year End: 10/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Commercial banks, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSE:TD
CUSIP: N/A
CIK: 947263
Web: www.td.com
Phone: (416) 308-6963
Fax: 416-982-6166
Employees: 103,257
Year Founded: 1855

Price Target and Rating

Average Stock Price Target: $89.33
High Stock Price Target: $94.00
Low Stock Price Target: $82.00
Potential Upside/Downside: +57.8%
Consensus Rating: Hold
Rating Score (0-4): 2.29
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.68
Trailing P/E Ratio: 12.10
Forward P/E Ratio: 9.68
P/E Growth: 1.75
Net Income: $7.99 billion
Net Margins: 11.16%
Pretax Margin: 13.19%
Return on Equity: 14.15%
Return on Assets: 0.75%

Debt

Debt-to-Equity Ratio: 0.09
Current Ratio: 0.99
Quick Ratio: 0.99

Sales & Book Value

Annual Sales: $75.05 billion
Price / Sales: 1.33
Cash Flow: $6.99 per share
Price / Cash Flow: 8.10
Book Value: $41.69 per share
Price / Book: 1.36

Miscellaneous

Outstanding Shares: 1,763,190,000
Free Float: 1,761,602,000
Market Cap: $99.81 billion
Optionable: Optionable
Beta: 0.86

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Key Executives

Mr. Bharat B. Masrani (Age 67)
Group President, CEO & Director
Comp: $2.33M
Mr. Kelvin Vi Luan Tran
Group Head & CFO
Mr. Riaz E. Ahmed
Group Head of Wholesale Banking
Mr. Leovigildo Salom
Group Head U.S. Retail and President & CEO of America's Most Convenient Bank
Salma Salman
Chief Accountant & Senior VP of Finance
Mr. Greg Keeley
Senior Executive Vice President of Technology & Platforms
Ms. Judy Dinn
Chief Information Officer
Ms. Brooke Hales
Head of Investor Relations
Ms. Jane A. Langford
Executive VP & General Counsel
Ms. Renu Gupta
Senior Vice President of Corporate Development, Strategy & Funding

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy Toronto-Dominion Bank Stock? TD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in The Toronto-Dominion Bank:

Toronto-Dominion Bank has a strong market capitalization of $106.14 billion, indicating stability and size in the market.
The company offers a diverse range of financial products and services across different segments, providing revenue streams from various sources.
With a current ratio of 0.99 and a quick ratio of 0.99, the bank shows good liquidity and ability to meet short-term obligations.
Toronto-Dominion Bank has a competitive price-to-earnings ratio of 12.72, suggesting potential value for investors compared to industry peers.
The bank recently increased its dividend, a positive sign for investors looking for income-generating investments.

Cons

Investors should be bearish about investing in The Toronto-Dominion Bank for these reasons:

Despite the stable market capitalization, the stock price has experienced fluctuations, with a 52-week range between $54.69 and $66.15.
The bank's price-to-earnings-growth ratio of 1.83 may indicate that the stock is slightly overvalued based on its growth prospects.
Recent analyst reports have issued hold ratings on the stock, suggesting limited upside potential in the near term.
Some analysts have downgraded Toronto-Dominion Bank from buy ratings to neutral, signaling caution among experts regarding future performance.
The bank operates in a competitive industry, facing challenges from regulatory changes and economic uncertainties that could impact its profitability.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Toronto-Dominion Bank pros and cons to contact@marketbeat.com.

TD Stock Analysis - Frequently Asked Questions

Should I buy or sell Toronto-Dominion Bank stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TD, but not buy additional shares or sell existing shares.
View TD analyst ratings or view top-rated stocks.
What is Toronto-Dominion Bank's stock price target for 2024?: 7 brokers have issued 1 year price objectives for Toronto-Dominion Bank's shares. Their TD share price targets range from $82.00 to $94.00. On average, they predict the company's share price to reach $89.33 in the next twelve months. This suggests a possible upside of 57.8% from the stock's current price.
View analysts price targets for TD or view top-rated stocks among Wall Street analysts.
How have TD shares performed in 2024?: Toronto-Dominion Bank's stock was trading at $64.62 at the beginning of 2024. Since then, TD shares have decreased by 12.4% and is now trading at $56.61.
View the best growth stocks for 2024 here.
Are investors shorting Toronto-Dominion Bank?: Toronto-Dominion Bank saw a increase in short interest in March. As of March 31st, there was short interest totaling 25,970,000 shares, an increase of 125.0% from the March 15th total of 11,540,000 shares. Based on an average trading volume of 2,960,000 shares, the short-interest ratio is currently 8.8 days. Approximately 1.5% of the company's stock are short sold.
View Toronto-Dominion Bank's Short Interest.
When is Toronto-Dominion Bank's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our TD earnings forecast.
How were Toronto-Dominion Bank's earnings last quarter?: The Toronto-Dominion Bank (NYSE:TD) issued its quarterly earnings results on Thursday, February, 29th. The bank reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.05. The bank had revenue of $10.07 billion for the quarter, compared to the consensus estimate of $9.35 billion. Toronto-Dominion Bank had a trailing twelve-month return on equity of 14.15% and a net margin of 11.16%.
How often does Toronto-Dominion Bank pay dividends? What is the dividend yield for Toronto-Dominion Bank?: Toronto-Dominion Bank announced a quarterly dividend on Friday, March 1st. Investors of record on Tuesday, April 9th will be paid a dividend of $0.7519 per share on Tuesday, April 30th. This represents a $3.01 dividend on an annualized basis and a dividend yield of 5.31%. The ex-dividend date of this dividend is Monday, April 8th. This is a boost from the stock's previous quarterly dividend of $0.75.
Read our dividend analysis for TD.
Is Toronto-Dominion Bank a good dividend stock?: Toronto-Dominion Bank (NYSE:TD) pays an annual dividend of $1.43 per share and currently has a dividend yield of 2.52%. The dividend payout ratio is 30.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TD will have a dividend payout ratio of 22.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TD.

What ETFs hold Toronto-Dominion Bank's stock?: ETFs with the largest weight of Toronto-Dominion Bank (NYSE:TD) stock in their portfolio include Invesco International Dividend Achievers ETF (PID), Vanguard International Dividend Appreciation ETF (VIGI), Schwab International Dividend Equity ETF (SCHY), iShares Global Financials ETF (IXG), Vanguard International High Dividend Yield ETF (VYMI), BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD), Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF) and Pacer Trendpilot International ETF (PTIN).
What is Bharat Masrani's approval rating as Toronto-Dominion Bank's CEO?: 2,459 employees have rated Toronto-Dominion Bank Chief Executive Officer Bharat Masrani on Glassdoor.com. Bharat Masrani has an approval rating of 86% among the company's employees.
What other stocks do shareholders of Toronto-Dominion Bank own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Toronto-Dominion Bank investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), AT&T (T), Pfizer (PFE), Royal Bank of Canada (RY) and Rogers Communications (RCI).
Who are Toronto-Dominion Bank's major shareholders?: Toronto-Dominion Bank's stock is owned by many different institutional and retail investors. Top institutional investors include Cardinal Capital Management Inc. (0.09%), Nexus Investment Management ULC (0.05%), Hennessy Advisors Inc. (0.00%), Pacifica Partners Inc. (0.00%), IMC Chicago LLC (0.00%) and Cardinal Capital Management (0.00%).
How do I buy shares of Toronto-Dominion Bank?: Shares of TD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Toronto-Dominion Bank have any subsidiaries?: The following companies are subsidiares of Toronto-Dominion Bank: Epoch Investment Partners Inc., Greystone Managed Investments, Headlands Tech Global Markets LLC, Layer 6 AI, Meloche Monnex Inc., Primmum Insurance Company, Scottrade Bank, Security National Insurance Company, TD Ameritrade, TD Asset Administration UK Limited, TD Asset Management Inc., TD Auto Finance (Canada) Inc., TD Auto Finance LLC, TD Auto Finance Services Inc., TD Bank Europe Limited, TD Bank International S.A., TD Bank N.V., TD Bank National Association, TD Bank US Holding Company, TD Bank USA National Association, TD Direct Insurance Inc., TD Direct Investing (Europe) Limited, TD Equipment Finance Inc., TD Financial International Ltd., TD Financing Services Home Inc., TD Financing Services Inc., TD General Insurance Company, TD Global Finance, TD Global Finance Unlimited Company, TD Group US Holdings LLC, TD Home and Auto Insurance Company, TD Investment Services Inc., TD Ireland, TD Ireland Unlimited Company, TD Life Insurance Company, TD Luxembourg International Holdings, TD Mortgage Corporation, TD Pacific Mortgage Corporation, TD Private Client Wealth LLC, TD Reinsurance (Barbados) Inc., TD Securities (Japan) Co. Ltd., TD Securities (USA) LLC, TD Securities Inc., TD Securities Limited, TD Vermillion Holdings ULC, TD Waterhouse Canada Inc., TD Waterhouse Private Investment Counsel Inc., TD Wealth Holdings (UK) Limited, TD Wealth Management Services Inc., TDAM USA Inc., The Canada Trust Company, Thirdco II Limited, Toronto Dominion (New York) LLC, Toronto Dominion (South East Asia) Limited, Toronto Dominion (Texas) LLC, Toronto Dominion Australia Limited, Toronto Dominion Capital (U.S.A.) Inc., Toronto Dominion Holdings (U.K.) Limited, Toronto Dominion Holdings (U.S.A.) Inc., Toronto Dominion International Inc., and Toronto Dominion Investments B.V..
Read More

This page (NYSE:TD) was last updated on 4/16/2024 by MarketBeat.com Staff

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Toronto-Dominion Bank (TD) Stock Price, News & Analysis

Toronto-Dominion Bank MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Toronto-Dominion Bank Stock (NYSE:TD)

TD Stock Price History

TD Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

Should I Buy Toronto-Dominion Bank Stock? TD Pros and Cons Explained

Pros

Cons

TD Stock Analysis - Frequently Asked Questions

Overall MarketRank^™