Q1 EPS Estimates for TD Lowered by National Bank Financial

The Toronto-Dominion Bank (NYSE:TD - Free Report) TSE: TD - National Bank Financial dropped their Q1 2025 earnings per share estimates for Toronto-Dominion Bank in a note issued to investors on Monday, February 17th. National Bank Financial analyst G. Dechaine now anticipates that the bank will post earnings per share of $1.41 for the quarter, down from their prior estimate of $1.49. 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 Q2 2025 earnings at $1.29 EPS, Q3 2025 earnings at $1.42 EPS, Q4 2025 earnings at $1.25 EPS, FY2025 earnings at $5.38 EPS and FY2026 earnings at $5.83 EPS.

TD has been the topic of several other research reports. BMO Capital Markets upgraded Toronto-Dominion Bank from a "market perform" rating to an "outperform" rating in a report on Thursday, December 19th. Barclays cut Toronto-Dominion Bank from an "equal weight" rating to an "underweight" rating in a report on Thursday, November 21st. StockNews.com upgraded Toronto-Dominion Bank from a "sell" rating to a "hold" rating in a report on Wednesday, February 5th. Desjardins lowered Toronto-Dominion Bank from a "buy" rating to a "hold" rating in a research report on Friday, December 6th. Finally, Jefferies Financial Group lowered Toronto-Dominion Bank from a "buy" rating to a "hold" rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, seven have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $80.50.

Toronto-Dominion Bank Stock Down 0.9 %

Shares of NYSE:TD traded down $0.54 during trading on Wednesday, hitting $59.82. 1,018,996 shares of the company's stock traded hands, compared to its average volume of 2,672,406. Toronto-Dominion Bank has a 52 week low of $51.25 and a 52 week high of $64.91. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.11. The company has a market cap of $104.71 billion, a price-to-earnings ratio of 17.24, a price-to-earnings-growth ratio of 1.94 and a beta of 0.84. The company has a 50-day moving average price of $56.04 and a 200-day moving average price of $57.54.

Toronto-Dominion Bank Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 10th were given a dividend of $0.7482 per share. This is a positive change from Toronto-Dominion Bank's previous quarterly dividend of $0.74. The ex-dividend date was Friday, January 10th. This represents a $2.99 annualized dividend and a dividend yield of 5.00%. Toronto-Dominion Bank's payout ratio is 83.86%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of Toronto-Dominion Bank by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 74,118,551 shares of the bank's stock worth $3,946,072,000 after acquiring an additional 1,415,934 shares during the period. FIL Ltd boosted its stake in shares of Toronto-Dominion Bank by 17.3% during the 4th quarter. FIL Ltd now owns 38,989,749 shares of the bank's stock worth $2,075,819,000 after acquiring an additional 5,756,584 shares during the period. Mackenzie Financial Corp boosted its stake in shares of Toronto-Dominion Bank by 5.6% during the 4th quarter. Mackenzie Financial Corp now owns 27,990,674 shares of the bank's stock worth $1,488,233,000 after acquiring an additional 1,491,472 shares during the period. Norges Bank bought a new position in shares of Toronto-Dominion Bank during the 4th quarter worth approximately $992,204,000. Finally, Beutel Goodman & Co Ltd. boosted its stake in shares of Toronto-Dominion Bank by 3.8% during the 4th quarter. Beutel Goodman & Co Ltd. now owns 16,803,807 shares of the bank's stock worth $894,169,000 after acquiring an additional 622,736 shares during the period. 52.37% of the stock is currently owned by institutional investors.

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.