Toronto Dominion Bank (The) (NYSE:TD – Free Report) (TSE:TD) – Equities researchers at National Bank Financial boosted their FY2025 earnings per share estimates for Toronto Dominion Bank in a research report issued on Thursday, August 14th. National Bank Financial analyst G. Dechaine now forecasts that the bank will earn $5.85 per share for the year, up from their prior estimate of $5.77. The consensus estimate for Toronto Dominion Bank’s current full-year earnings is $5.48 per share. National Bank Financial also issued estimates for Toronto Dominion Bank’s Q4 2025 earnings at $1.43 EPS and FY2026 earnings at $6.26 EPS.
TD has been the topic of several other reports. Wall Street Zen raised Toronto Dominion Bank from a “sell” rating to a “hold” rating in a report on Saturday, May 24th. Royal Bank Of Canada lifted their price objective on Toronto Dominion Bank from $87.00 to $93.00 and gave the stock a “sector perform” rating in a research note on Friday, May 23rd. Desjardins upgraded Toronto Dominion Bank from a “hold” rating to a “buy” rating in a research report on Wednesday, August 13th. Finally, Scotiabank initiated coverage on shares of Toronto Dominion Bank in a report on Thursday, May 15th. They issued a “sector perform” rating for the company. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Toronto Dominion Bank presently has a consensus rating of “Hold” and an average price target of $93.00.
Toronto Dominion Bank Stock Performance
NYSE:TD opened at $74.08 on Monday. The stock has a 50-day moving average price of $73.11 and a 200 day moving average price of $65.50. The stock has a market capitalization of $127.06 billion, a P/E ratio of 10.86, a P/E/G ratio of 1.62 and a beta of 0.84. Toronto Dominion Bank has a 12-month low of $51.25 and a 12-month high of $75.58. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.09.
Toronto Dominion Bank (NYSE:TD – Get Free Report) (TSE:TD) last announced its quarterly earnings data on Thursday, May 22nd. The bank reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.14. Toronto Dominion Bank had a net margin of 13.53% and a return on equity of 13.11%. The firm had revenue of $10.97 billion during the quarter, compared to analysts’ expectations of $13.36 billion. During the same period in the prior year, the company posted $2.04 earnings per share.
Toronto Dominion Bank Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Thursday, July 10th were issued a $0.7568 dividend. This is a positive change from Toronto Dominion Bank’s previous quarterly dividend of $0.73. The ex-dividend date was Thursday, July 10th. This represents a $3.03 dividend on an annualized basis and a dividend yield of 4.1%. Toronto Dominion Bank’s dividend payout ratio (DPR) is presently 45.31%.
Hedge Funds Weigh In On Toronto Dominion Bank
Several large investors have recently modified their holdings of TD. Larson Financial Group LLC boosted its stake in Toronto Dominion Bank by 122.9% during the first quarter. Larson Financial Group LLC now owns 428 shares of the bank’s stock worth $26,000 after buying an additional 236 shares during the period. Financial Management Professionals Inc. boosted its stake in shares of Toronto Dominion Bank by 322.4% during the 1st quarter. Financial Management Professionals Inc. now owns 490 shares of the bank’s stock worth $29,000 after purchasing an additional 374 shares during the period. Quaker Wealth Management LLC grew its holdings in Toronto Dominion Bank by 200.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 428 shares of the bank’s stock valued at $31,000 after purchasing an additional 856 shares during the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new stake in Toronto Dominion Bank in the 1st quarter worth about $32,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in Toronto Dominion Bank in the second quarter worth about $32,000. Institutional investors own 52.37% of the company’s stock.
About Toronto Dominion Bank
The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking.
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