The Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD's share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$79.35 and traded as high as C$86.83. Toronto-Dominion Bank shares last traded at C$86.51, with a volume of 10,906,219 shares changing hands.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on the stock. Jefferies Financial Group increased their price objective on shares of Toronto-Dominion Bank from C$73.00 to C$82.00 and gave the company a "hold" rating in a research report on Monday, August 12th. CIBC raised their price objective on Toronto-Dominion Bank from C$88.00 to C$100.00 in a research note on Friday, September 6th. Cormark decreased their price target on Toronto-Dominion Bank from C$87.00 to C$86.00 in a report on Friday, August 23rd. Royal Bank of Canada dropped their price objective on shares of Toronto-Dominion Bank from C$89.00 to C$88.00 and set an "outperform" rating for the company in a research note on Friday, August 23rd. Finally, UBS Group set a C$82.00 target price on shares of Toronto-Dominion Bank and gave the stock a "neutral" rating in a report on Tuesday, July 2nd. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Toronto-Dominion Bank currently has an average rating of "Moderate Buy" and an average price target of C$87.79.
View Our Latest Analysis on Toronto-Dominion Bank
Toronto-Dominion Bank Stock Up 0.8 %
The stock has a market cap of C$151.39 billion, a PE ratio of 20.03, a price-to-earnings-growth ratio of 1.08 and a beta of 0.82. The stock has a 50-day moving average of C$82.10 and a 200 day moving average of C$79.35.
Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD last posted its quarterly earnings results on Thursday, August 22nd. The company reported C$2.05 EPS for the quarter, missing the consensus estimate of C$2.07 by C($0.02). Toronto-Dominion Bank had a net margin of 15.72% and a return on equity of 7.33%. The business had revenue of C$14.18 billion during the quarter, compared to analysts' expectations of C$14.12 billion. On average, equities analysts anticipate that The Toronto-Dominion Bank will post 8.2112811 EPS for the current year.
Toronto-Dominion Bank Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, October 31st will be given a dividend of $1.02 per share. The ex-dividend date is Thursday, October 10th. This represents a $4.08 dividend on an annualized basis and a yield of 4.72%. Toronto-Dominion Bank's dividend payout ratio is currently 94.44%.
Toronto-Dominion Bank Company Profile
(
Get Free Report)
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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