Toronto-Dominion Bank (TD) to Release Quarterly Earnings on Thursday

Toronto-Dominion Bank (TSE:TDGet Rating) (NYSE:TD) is scheduled to be announcing its earnings results before the market opens on Thursday, December 1st. Analysts expect the company to announce earnings of C$2.03 per share for the quarter.

Toronto-Dominion Bank (TSE:TDGet Rating) (NYSE:TD) last released its earnings results on Thursday, August 25th. The company reported C$2.09 EPS for the quarter, topping the consensus estimate of C$2.00 by C$0.09. The company had revenue of C$10.93 billion for the quarter.

Toronto-Dominion Bank Price Performance

TD opened at C$90.94 on Thursday. The business has a fifty day moving average price of C$86.55 and a 200 day moving average price of C$86.93. The stock has a market capitalization of C$164.88 billion and a price-to-earnings ratio of 11.53. Toronto-Dominion Bank has a 12 month low of C$77.27 and a 12 month high of C$109.08.

Toronto-Dominion Bank Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 31st. Stockholders of record on Friday, October 7th were given a dividend of $0.89 per share. The ex-dividend date of this dividend was Thursday, October 6th. This represents a $3.56 annualized dividend and a dividend yield of 3.91%. Toronto-Dominion Bank’s dividend payout ratio is currently 43.85%.

Analyst Ratings Changes

A number of analysts recently issued reports on TD shares. Kaufman Brothers decreased their target price on Toronto-Dominion Bank from C$93.00 to C$86.00 in a research report on Monday, August 8th. Barclays set a C$100.00 target price on Toronto-Dominion Bank in a research report on Monday, November 14th. BMO Capital Markets decreased their target price on Toronto-Dominion Bank from C$100.00 to C$95.00 in a research report on Friday, September 2nd. Fundamental Research decreased their target price on Toronto-Dominion Bank to C$100.50 and set a “buy” rating for the company in a research report on Wednesday, September 7th. Finally, Keefe, Bruyette & Woods decreased their target price on Toronto-Dominion Bank from C$103.00 to C$102.00 in a research report on Friday, November 18th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of C$99.44.

Toronto-Dominion Bank Company Profile

(Get Rating)

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking segments. The company offers personal deposits, such as checking, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases.

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Earnings History for Toronto-Dominion Bank (TSE:TD)

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