The Toronto-Dominion Bank (TSE:TD - Free Report) NYSE: TD - Research analysts at National Bank Financial raised their FY2025 EPS estimates for Toronto-Dominion Bank in a report released on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now expects that the company will post earnings per share of $8.16 for the year, up from their previous forecast of $7.82. National Bank Financial has a "Hold" rating on the stock. The consensus estimate for Toronto-Dominion Bank's current full-year earnings is $7.22 per share. National Bank Financial also issued estimates for Toronto-Dominion Bank's FY2026 earnings at $8.53 EPS.
Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD last issued its quarterly earnings data on Thursday, August 22nd. The company reported C$2.05 earnings per share (EPS) for the quarter, missing the consensus estimate of C$2.07 by C($0.02). The firm had revenue of C$14.18 billion for the quarter, compared to analysts' expectations of C$14.12 billion. Toronto-Dominion Bank had a return on equity of 7.33% and a net margin of 15.72%.
TD has been the subject of a number of other research reports. Desjardins reduced their price objective on shares of Toronto-Dominion Bank from C$91.00 to C$90.00 and set a "buy" rating for the company in a research report on Friday, August 23rd. BMO Capital Markets raised their price target on Toronto-Dominion Bank from C$84.00 to C$94.00 in a report on Monday. Royal Bank of Canada lowered Toronto-Dominion Bank from an "outperform" rating to a "sector perform" rating and dropped their price objective for the stock from C$88.00 to C$82.00 in a report on Friday, October 11th. CIBC cut their price objective on Toronto-Dominion Bank from C$100.00 to C$96.00 in a research report on Friday, October 11th. Finally, Bank of America boosted their target price on shares of Toronto-Dominion Bank from C$85.00 to C$90.00 in a research report on Friday, August 23rd. Six analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of C$87.23.
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Toronto-Dominion Bank Price Performance
TD stock opened at C$78.23 on Thursday. Toronto-Dominion Bank has a 12 month low of C$73.67 and a 12 month high of C$87.99. The company has a market cap of C$136.90 billion, a price-to-earnings ratio of 18.11, a price-to-earnings-growth ratio of 1.22 and a beta of 0.82. The company has a fifty day moving average price of C$81.54 and a 200 day moving average price of C$79.07.
Toronto-Dominion Bank Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 31st were issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 5.22%. The ex-dividend date was Thursday, October 10th. Toronto-Dominion Bank's payout ratio is currently 94.44%.
About Toronto-Dominion Bank
(
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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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