TSE:TD Toronto-Dominion Bank (TD) Stock Price, News & Analysis C$87.55 +0.23 (+0.26%) (As of 09/20/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades About Toronto-Dominion Bank Stock (TSE:TD) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's RangeC$86.77▼C$87.9950-Day RangeC$76.82▼C$87.5552-Week RangeC$73.67▼C$87.99Volume13.18 million shsAverage Volume7.00 million shsMarket CapitalizationC$153.21 billionP/E Ratio20.27Dividend Yield4.66%Price TargetC$87.79Consensus RatingModerate Buy Company OverviewThe 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. The company offers personal deposits, such as chequing, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases. It also provides credit cards and payments; real estate secured lending, auto finance, and consumer lending services; point-of-sale payment solutions for large and small businesses; wealth and asset management products, and advice to retail and institutional clients through direct investing, advice-based, and asset management businesses; and property and casualty insurance, as well as life and health insurance products. The company also provides capital markets, and corporate and investment banking products and services, including underwriting and distribution of new debt and equity issues; advice on strategic acquisitions and divestitures; and trading, funding, and investment services to corporations, governments, and institutions. It offers its products and services under the TD Bank and America's Most Convenient Bank brand names. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada.Read More… My grim warning about AI stocks (Ad)Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.So go here now to read my new report The Big AI Die-Up… while you still can. Toronto-Dominion Bank Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 40th PercentileToronto-Dominion Bank scored higher than 40% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.3 / 5Analyst RatingModerate Buy Consensus RatingToronto-Dominion Bank has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageToronto-Dominion Bank has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Toronto-Dominion Bank's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Toronto-Dominion Bank is 20.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Toronto-Dominion Bank is 20.27, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 419.51.Price to Earnings Growth RatioToronto-Dominion Bank has a PEG Ratio of 1.08. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioToronto-Dominion Bank has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Toronto-Dominion Bank's valuation and earnings. Short InterestN/AShort Interest LevelN/A Short InterestThere is no current short interest data available for TD. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipToronto-Dominion Bank is a leading dividend payer. It pays a dividend yield of 4.67%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthToronto-Dominion Bank does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Toronto-Dominion Bank is 94.44%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Toronto-Dominion Bank's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Short InterestThere is no current short interest data available for TD. News and Social Media2.3 / 5News Sentiment0.20 News SentimentToronto-Dominion Bank has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Toronto-Dominion Bank this week, compared to 5 articles on an average week.Search InterestOnly 61 people have searched for TD on MarketBeat in the last 30 days. This is a decrease of -3% compared to the previous 30 days.MarketBeat Follows6 people have added Toronto-Dominion Bank to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership0.8 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Toronto-Dominion Bank insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.08% of the stock of Toronto-Dominion Bank is held by insiders.Percentage Held by Institutions58.10% of the stock of Toronto-Dominion Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Toronto-Dominion Bank's insider trading history. TD Stock News HeadlinesCharles Schwab’s Initiative Changes Are a Long-Term Positive (TD)Charles Schwab is the leading retail brokerage that continues to grow. In its second quarter, it achieved record client asset growth of 17% YoY to $9.4 trillionSeptember 5, 2024 | marketbeat.comTD CEO Bharat Masrani to retire, bank names successorSeptember 19 at 5:44 PM | financialpost.comMy grim warning about AI stocksToday, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.September 21, 2024 | Porter & Company (Ad)Buy Rating on Toronto Dominion Bank: Leadership Stability and Attractive ValuationSeptember 19 at 5:44 PM | markets.businessinsider.comTD Bank CEO to retire as a successor awaitsSeptember 19 at 5:44 PM | msn.comTD Bank’s next CEO is not a known commodity on Bay StreetSeptember 19 at 5:44 PM | theglobeandmail.comWhat's Going On With Toronto-Dominion Bank Today?September 19 at 5:44 PM | msn.comTD Bank CEO Bharat Masrani to Retire, Be Succeeded by Raymond ChunSeptember 19 at 5:44 PM | wsj.comSee More Headlines TD Stock Analysis - Frequently Asked Questions How have TD shares performed this year? Toronto-Dominion Bank's stock was trading at C$85.62 at the beginning of the year. Since then, TD shares have increased by 2.3% and is now trading at C$87.55. View the best growth stocks for 2024 here. How were Toronto-Dominion Bank's earnings last quarter? The Toronto-Dominion Bank (TSE:TD) released its earnings results on Thursday, August, 22nd. The company reported $2.05 EPS for the quarter, missing analysts' consensus estimates of $2.07 by $0.02. The business earned $14.18 billion during the quarter, compared to the consensus estimate of $14.12 billion. Toronto-Dominion Bank had a net margin of 15.72% and a trailing twelve-month return on equity of 7.33%. How do I buy shares of Toronto-Dominion Bank? Shares of TD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What other stocks do shareholders of Toronto-Dominion Bank own? Based on aggregate information from My MarketBeat watchlists, some other companies that Toronto-Dominion Bank investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET) and Wheaton Precious Metals (WPM). Company Calendar Ex-Dividend for 7/31 Dividend7/10/2024Dividend Payable7/31/2024Last Earnings8/22/2024Today9/20/2024Ex-Dividend for 10/31 Dividend10/10/2024Dividend Payable10/31/2024Next Earnings (Estimated)12/05/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Banks - Diversified Sub-IndustryBanking Current SymbolTSE:TD CUSIPN/A CIKN/A Webwww.td.com Phone+1-416-9446367FaxN/AEmployees93,700Year FoundedN/APrice Target and Rating Average Stock Price TargetC$87.79 High Stock Price TargetC$100.00 Low Stock Price TargetC$78.00 Potential Upside/Downside+0.3%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)C$4.32 Trailing P/E Ratio20.27 Forward P/E Ratio10.64 P/E Growth1.08Net IncomeC$7.69 billion Net Margins15.72% Pretax MarginN/A Return on Equity7.33% Return on Assets0.43% Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesC$52.31 billion Price / Sales2.93 Cash FlowC$303.26 per share Price / Cash Flow0.29 Book ValueC$60.85 per share Price / Book1.44Miscellaneous Outstanding Shares1,750,000,000Free FloatN/AMarket CapC$153.21 billion OptionableNot Optionable Beta0.82 Should I Buy Toronto-Dominion Bank Stock? TD Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, September 4, 2024. Please send any questions or comments about these Toronto-Dominion Bank pros and cons to contact@marketbeat.com. Toronto-Dominion Bank Bull Case Here are some ways that investors could benefit from investing in The Toronto-Dominion Bank: The Toronto-Dominion Bank's stock price recently crossed above its 200-day moving average, indicating a potential uptrend in the stock's performance. This could present a buying opportunity for investors looking to capitalize on a possible price increase. The company has a strong dividend yield of 5.10%, providing investors with a steady income stream. A high dividend yield can be attractive to income-focused investors seeking regular returns on their investment. The Toronto-Dominion Bank has a market capitalization of C$142.56 billion, indicating its significant size and stability in the market. Larger market capitalization can imply lower volatility and a more established position in the industry. With a P/E ratio of 13.57, The Toronto-Dominion Bank's stock may be considered undervalued compared to its peers or historical averages. A lower P/E ratio could suggest that the stock is priced attractively relative to its earnings potential. The company operates through multiple segments, including Canadian Personal and Commercial Banking and U.S. operations, providing diversification in revenue sources and geographical exposure. Diversification can help mitigate risks associated with a single market or product. Toronto-Dominion Bank Bear Case Investors should be bearish about investing in The Toronto-Dominion Bank for these reasons: The Toronto-Dominion Bank's dividend payout ratio (DPR) is currently at 68.34%, which indicates that a significant portion of the company's earnings is being distributed as dividends. A high DPR may limit the company's ability to reinvest in growth opportunities or withstand economic downturns. Despite recent positive analyst ratings and price target adjustments, there is always a risk of unforeseen market events or economic conditions that could negatively impact The Toronto-Dominion Bank's stock performance. Market volatility can lead to sudden price fluctuations and investment losses. While the company has a beta of 0.82, suggesting lower volatility compared to the market, it also implies that The Toronto-Dominion Bank's stock may not move in line with broader market trends. Investors seeking higher beta stocks for potential higher returns may find this characteristic limiting. The Toronto-Dominion Bank's P/E/G ratio of 1.08 indicates that the stock may be slightly overvalued relative to its expected earnings growth rate. A P/E/G ratio above 1 can suggest that the stock's price is not fully justified by its growth prospects. Investors should consider the impact of macroeconomic factors, regulatory changes, and competitive pressures on The Toronto-Dominion Bank's business operations. External factors beyond the company's control can influence its financial performance and stock price. This page (TSE:TD) was last updated on 9/21/2024 by MarketBeat.com Staff From Our PartnersHow the US Will Win the Great Lithium RaceChina spent $60B+ on lithium infrastructure in the past decade. 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