Q1 EPS Estimates for TD Lowered by National Bank Financial

The Toronto-Dominion Bank (NYSE:TD - Free Report) TSE: TD - Investment analysts at National Bank Financial lowered their Q1 2025 EPS estimates for shares of Toronto-Dominion Bank in a research note issued on Monday, February 17th. National Bank Financial analyst G. Dechaine now expects that the bank will earn $1.41 per share for the quarter, down from their previous forecast 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.

Other equities analysts have also issued research reports about the company. BMO Capital Markets raised Toronto-Dominion Bank from a "market perform" rating to an "outperform" rating in a research note on Thursday, December 19th. Jefferies Financial Group cut shares of Toronto-Dominion Bank from a "buy" rating to a "hold" rating in a research report on Tuesday. Desjardins downgraded shares of Toronto-Dominion Bank from a "buy" rating to a "hold" rating in a research note on Friday, December 6th. Barclays lowered shares of Toronto-Dominion Bank from an "equal weight" rating to an "underweight" rating in a report on Thursday, November 21st. Finally, Bank of America upgraded shares of Toronto-Dominion Bank from a "neutral" rating to a "buy" rating in a report on Friday, January 17th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $80.50.

Toronto-Dominion Bank Trading Up 0.5 %

TD traded up $0.29 during trading hours on Wednesday, reaching $60.65. The company's stock had a trading volume of 109,126 shares, compared to its average volume of 2,645,653. The business's 50-day moving average is $55.91 and its 200-day moving average is $57.51. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market cap of $106.17 billion, a PE ratio of 17.49, a P/E/G ratio of 1.94 and a beta of 0.84. Toronto-Dominion Bank has a fifty-two week low of $51.25 and a fifty-two week high of $64.91.

Institutional Investors Weigh In On Toronto-Dominion Bank

A number of hedge funds have recently added to or reduced their stakes in TD. Cerity Partners LLC increased its position in shares of Toronto-Dominion Bank by 57.1% during the third quarter. Cerity Partners LLC now owns 26,755 shares of the bank's stock worth $1,693,000 after acquiring an additional 9,725 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its stake in Toronto-Dominion Bank by 1.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 9,761,308 shares of the bank's stock worth $617,166,000 after purchasing an additional 144,427 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Toronto-Dominion Bank by 61.1% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 6,011,579 shares of the bank's stock worth $380,118,000 after purchasing an additional 2,279,864 shares during the period. Galibier Capital Management Ltd. raised its position in Toronto-Dominion Bank by 24.6% in the 3rd quarter. Galibier Capital Management Ltd. now owns 608,613 shares of the bank's stock valued at $38,527,000 after purchasing an additional 119,978 shares in the last quarter. Finally, Forsta AP Fonden boosted its stake in shares of Toronto-Dominion Bank by 3.2% in the 3rd quarter. Forsta AP Fonden now owns 466,500 shares of the bank's stock valued at $29,531,000 after buying an additional 14,500 shares during the period. 52.37% of the stock is currently owned by institutional investors and hedge funds.

Toronto-Dominion Bank Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 10th were paid a dividend of $0.7482 per share. This is an increase from Toronto-Dominion Bank's previous quarterly dividend of $0.74. This represents a $2.99 annualized dividend and a yield of 4.93%. The ex-dividend date of this dividend was Friday, January 10th. Toronto-Dominion Bank's dividend payout ratio is presently 84.15%.

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.