Q1 EPS Forecast for Toronto-Dominion Bank Lifted by Analyst

The Toronto-Dominion Bank (TSE:TD - Free Report) NYSE: TD - Desjardins lifted their Q1 2025 earnings estimates for Toronto-Dominion Bank in a report issued on Tuesday, February 4th. Desjardins analyst D. Young now anticipates that the company will post earnings per share of $1.94 for the quarter, up from their prior forecast of $1.86. Desjardins currently has a "Hold" rating on the stock. The consensus estimate for Toronto-Dominion Bank's current full-year earnings is $7.22 per share.

Other equities research analysts also recently issued reports about the stock. BMO Capital Markets raised shares of Toronto-Dominion Bank from a "market perform" rating to an "outperform" rating and set a C$90.00 price objective on the stock in a report on Thursday, December 19th. National Bankshares cut their price objective on shares of Toronto-Dominion Bank from C$85.00 to C$80.00 in a report on Friday, December 6th. Jefferies Financial Group upgraded shares of Toronto-Dominion Bank from a "hold" rating to a "buy" rating and lifted their price objective for the company from C$82.00 to C$90.00 in a research note on Thursday, December 12th. Scotiabank lowered Toronto-Dominion Bank from an "outperform" rating to a "sector perform" rating and cut their price target for the stock from C$98.00 to C$81.00 in a report on Friday, December 6th. Finally, Royal Bank of Canada lifted their price target on Toronto-Dominion Bank from C$77.00 to C$86.00 and gave the company a "sector perform" rating in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of C$86.83.

Toronto-Dominion Bank Stock Performance

TD stock traded down C$0.05 during mid-day trading on Thursday, hitting C$82.81. The company had a trading volume of 4,714,113 shares, compared to its average volume of 10,303,604. Toronto-Dominion Bank has a 12 month low of C$73.22 and a 12 month high of C$87.99. The stock's fifty day moving average price is C$78.67 and its two-hundred day moving average price is C$80.03. The firm has a market cap of C$144.92 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 1.22 and a beta of 0.82.

Toronto-Dominion Bank Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 31st were issued a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date was Friday, January 10th. This is an increase from Toronto-Dominion Bank's previous quarterly dividend of $1.02. Toronto-Dominion Bank's payout ratio is currently 94.44%.

Toronto-Dominion Bank Company Profile

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.