Toronto-Dominion Bank (TD) Expected to Announce Earnings on Thursday

Toronto-Dominion Bank (NYSE:TD - Get Free Report) TSE: TD is anticipated to release its earnings data before the market opens on Thursday, February 27th. Analysts expect Toronto-Dominion Bank to post earnings of $1.36 per share and revenue of $13.26 billion for the quarter. Parties interested in participating in the company's conference call can do so using this link.

Toronto-Dominion Bank Stock Performance

Toronto-Dominion Bank stock traded down $0.54 during mid-day trading on Friday, reaching $59.82. The company's stock had a trading volume of 1,018,996 shares, compared to its average volume of 2,672,406. The firm's fifty day moving average price is $55.91 and its two-hundred day moving average price is $57.51. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.03 and a current ratio of 1.03. Toronto-Dominion Bank has a 12-month low of $51.25 and a 12-month high of $64.91. The company has a market capitalization of $104.71 billion, a P/E ratio of 17.24, a PEG ratio of 1.94 and a beta of 0.84.

Toronto-Dominion Bank Increases Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have commented on TD. BMO Capital Markets upgraded Toronto-Dominion Bank from a "market perform" rating to an "outperform" rating in a research note on Thursday, December 19th. Desjardins lowered shares of Toronto-Dominion Bank from a "buy" rating to a "hold" rating in a research report on Friday, December 6th. Bank of America raised shares of Toronto-Dominion Bank from a "neutral" rating to a "buy" rating in a report on Friday, January 17th. StockNews.com raised shares of Toronto-Dominion Bank from a "sell" rating to a "hold" rating in a report on Wednesday, February 5th. Finally, Royal Bank of Canada lowered their price target on Toronto-Dominion Bank from $82.00 to $77.00 and set a "sector perform" rating on the stock in a report on Friday, December 6th. 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 data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $80.50.

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.