What is Cormark's Estimate for TD FY2026 Earnings?

The Toronto-Dominion Bank (NYSE:TD - Free Report) TSE: TD - Investment analysts at Cormark issued their FY2026 earnings per share estimates for Toronto-Dominion Bank in a note issued to investors on Monday, November 25th. Cormark analyst L. Persaud anticipates that the bank will post earnings per share of $6.29 for the year. The consensus estimate for Toronto-Dominion Bank's current full-year earnings is $5.46 per share.

Several other equities research analysts have also recently commented on TD. StockNews.com cut shares of Toronto-Dominion Bank from a "hold" rating to a "sell" rating in a research report on Thursday, August 22nd. National Bank Financial upgraded Toronto-Dominion Bank from an "underperform" rating to a "sector perform" rating in a report on Thursday, August 22nd. Barclays cut Toronto-Dominion Bank from an "equal weight" rating to an "underweight" rating in a research report on Thursday, November 21st. Finally, Royal Bank of Canada cut Toronto-Dominion Bank from an "outperform" rating to a "sector perform" rating in a research note on Friday, October 11th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Toronto-Dominion Bank has an average rating of "Hold" and a consensus target price of $84.00.

Toronto-Dominion Bank Stock Up 0.1 %

TD stock traded up $0.04 during mid-day trading on Tuesday, hitting $55.88. 1,557,854 shares of the company were exchanged, compared to its average volume of 2,737,173. The firm has a market cap of $97.81 billion, a P/E ratio of 17.85, a P/E/G ratio of 1.94 and a beta of 0.82. Toronto-Dominion Bank has a 1-year low of $53.52 and a 1-year high of $65.12. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.02 and a current ratio of 1.02. The firm's 50 day simple moving average is $58.62 and its 200 day simple moving average is $57.73.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in TD. Mackenzie Financial Corp increased its stake in shares of Toronto-Dominion Bank by 0.8% during the 2nd quarter. Mackenzie Financial Corp now owns 25,997,122 shares of the bank's stock worth $1,429,186,000 after purchasing an additional 218,807 shares during the last quarter. 1832 Asset Management L.P. increased its position in Toronto-Dominion Bank by 6.0% during the second quarter. 1832 Asset Management L.P. now owns 25,803,480 shares of the bank's stock worth $1,418,159,000 after buying an additional 1,462,794 shares during the last quarter. CIBC Asset Management Inc increased its position in Toronto-Dominion Bank by 5.4% during the third quarter. CIBC Asset Management Inc now owns 16,515,643 shares of the bank's stock worth $1,046,825,000 after buying an additional 853,313 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in Toronto-Dominion Bank by 9.6% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 13,814,269 shares of the bank's stock valued at $759,449,000 after buying an additional 1,206,574 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its position in shares of Toronto-Dominion Bank by 24.9% in the third quarter. The Manufacturers Life Insurance Company now owns 13,509,261 shares of the bank's stock valued at $854,815,000 after buying an additional 2,689,532 shares during the last quarter. Institutional investors and hedge funds own 52.37% of the company's stock.

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.