What is Desjardins’ Forecast for TSE:TD FY2026 Earnings?

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) – Stock analysts at Desjardins boosted their FY2026 earnings estimates for Toronto-Dominion Bank in a research report issued on Monday, September 29th. Desjardins analyst D. Young now forecasts that the company will post earnings of $8.85 per share for the year, up from their prior forecast of $8.75. Desjardins has a “Buy” rating and a $110.00 price objective on the stock. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $7.22 per share.

Several other equities analysts also recently issued reports on TD. BMO Capital Markets boosted their price target on shares of Toronto-Dominion Bank from C$102.00 to C$107.00 in a report on Tuesday. National Bankshares set a C$100.00 price target on shares of Toronto-Dominion Bank and gave the company a “sector perform” rating in a report on Monday, September 22nd. Canaccord Genuity Group boosted their price target on shares of Toronto-Dominion Bank from C$113.00 to C$119.00 and gave the company a “buy” rating in a report on Tuesday. Jefferies Financial Group boosted their price target on shares of Toronto-Dominion Bank from C$120.00 to C$124.00 in a report on Tuesday. Finally, Barclays boosted their price target on shares of Toronto-Dominion Bank from C$95.00 to C$97.00 and gave the company an “underweight” rating in a report on Friday, August 29th. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of C$102.67.

Toronto-Dominion Bank Stock Performance

Shares of TD opened at C$112.13 on Wednesday. Toronto-Dominion Bank has a 1 year low of C$73.22 and a 1 year high of C$114.24. The company has a market cap of C$196.43 billion, a price-to-earnings ratio of 9.60, a price-to-earnings-growth ratio of 1.22 and a beta of 0.87. The firm has a fifty day moving average of C$104.22 and a 200-day moving average of C$95.98.

Toronto-Dominion Bank Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 31st will be issued a $1.05 dividend. The ex-dividend date of this dividend is Friday, October 10th. This represents a $4.20 annualized dividend and a yield of 3.7%. Toronto-Dominion Bank’s dividend payout ratio is presently 35.70%.

Toronto-Dominion Bank Company Profile

Toronto-Dominion is one of Canada’s two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank’s U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.