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Toronto-Dominion Bank (TD) Competitors

Toronto-Dominion Bank logo
C$78.80 -0.84 (-1.05%)
(As of 11/15/2024 ET)

TD vs. RY, BMO, BNS, FFH, KEY, BLX, HUT, BITF, SII, and HIVE

Should you be buying Toronto-Dominion Bank stock or one of its competitors? The main competitors of Toronto-Dominion Bank include Royal Bank of Canada (RY), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Fairfax Financial (FFH), Keyera (KEY), Boralex (BLX), Hut 8 (HUT), Bitfarms (BITF), Sprott (SII), and HIVE Digital Technologies (HIVE). These companies are all part of the "banking" industry.

Toronto-Dominion Bank vs.

Royal Bank of Canada (TSE:RY) and Toronto-Dominion Bank (TSE:TD) are both large-cap financial services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their dividends, community ranking, risk, earnings, institutional ownership, media sentiment, profitability, valuation and analyst recommendations.

Royal Bank of Canada received 181 more outperform votes than Toronto-Dominion Bank when rated by MarketBeat users. Likewise, 58.84% of users gave Royal Bank of Canada an outperform vote while only 54.48% of users gave Toronto-Dominion Bank an outperform vote.

CompanyUnderperformOutperform
Royal Bank of CanadaOutperform Votes
752
58.84%
Underperform Votes
526
41.16%
Toronto-Dominion BankOutperform Votes
571
54.48%
Underperform Votes
477
45.52%

Royal Bank of Canada has a net margin of 28.67% compared to Toronto-Dominion Bank's net margin of 15.72%. Royal Bank of Canada's return on equity of 13.68% beat Toronto-Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Bank of Canada28.67% 13.68% 0.80%
Toronto-Dominion Bank 15.72%7.33%0.43%

Royal Bank of Canada has higher revenue and earnings than Toronto-Dominion Bank. Royal Bank of Canada is trading at a lower price-to-earnings ratio than Toronto-Dominion Bank, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Royal Bank of CanadaC$56.51B4.27C$15.90BC$11.2915.16
Toronto-Dominion BankC$52.31B2.64C$7.69BC$4.3218.24

52.5% of Royal Bank of Canada shares are owned by institutional investors. Comparatively, 58.1% of Toronto-Dominion Bank shares are owned by institutional investors. 0.1% of Toronto-Dominion Bank shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

In the previous week, Toronto-Dominion Bank had 3 more articles in the media than Royal Bank of Canada. MarketBeat recorded 8 mentions for Toronto-Dominion Bank and 5 mentions for Royal Bank of Canada. Toronto-Dominion Bank's average media sentiment score of 0.20 beat Royal Bank of Canada's score of -0.22 indicating that Toronto-Dominion Bank is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Royal Bank of Canada
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Toronto-Dominion Bank
1 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Neutral

Royal Bank of Canada pays an annual dividend of C$5.68 per share and has a dividend yield of 3.3%. Toronto-Dominion Bank pays an annual dividend of C$4.08 per share and has a dividend yield of 5.2%. Royal Bank of Canada pays out 50.3% of its earnings in the form of a dividend. Toronto-Dominion Bank pays out 94.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Royal Bank of Canada currently has a consensus target price of C$163.54, indicating a potential downside of 4.44%. Toronto-Dominion Bank has a consensus target price of C$86.65, indicating a potential upside of 9.97%. Given Toronto-Dominion Bank's higher possible upside, analysts plainly believe Toronto-Dominion Bank is more favorable than Royal Bank of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Royal Bank of Canada
0 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
2 Strong Buy rating(s)
2.92
Toronto-Dominion Bank
0 Sell rating(s)
6 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.62

Royal Bank of Canada has a beta of 0.84, meaning that its stock price is 16% less volatile than the S&P 500. Comparatively, Toronto-Dominion Bank has a beta of 0.82, meaning that its stock price is 18% less volatile than the S&P 500.

Summary

Royal Bank of Canada beats Toronto-Dominion Bank on 14 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TD vs. The Competition

MetricToronto-Dominion BankBanks IndustryFinancial SectorTSE Exchange
Market CapC$137.90BC$81.84BC$3.30BC$6.08B
Dividend Yield5.25%4.58%4.45%5.33%
P/E Ratio18.24163.21417.4626.33
Price / Sales2.6464.863,471.561,427.12
Price / Cash0.290.1750.9282.02
Price / Book1.291.241.413.06
Net IncomeC$7.69BC$6.52BC$380.36MC$291.48M
7 Day Performance-0.14%0.22%0.12%-0.14%
1 Month Performance1.21%-0.73%0.23%-1.45%
1 Year Performance-7.05%51.31%16.18%42.59%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
1.6839 of 5 stars
C$78.80
-1.1%
C$86.65
+10.0%
-6.0%C$137.90BC$52.31B18.2493,700News Coverage
RY
Royal Bank of Canada
1.1508 of 5 stars
C$172.75
0.0%
N/A+42.9%C$243.58BC$56.51B15.3091,400Analyst Downgrade
News Coverage
BMO
Bank of Montreal
3.0191 of 5 stars
C$131.24
+0.1%
N/A+18.3%C$95.73BC$31.41B15.1046,700Analyst Forecast
News Coverage
BNS
Bank of Nova Scotia
1.9051 of 5 stars
C$75.25
0.0%
N/A+25.4%C$93.31BC$29.60B13.1891,000Analyst Forecast
FFH
Fairfax Financial
1.8758 of 5 stars
C$1,879.49
+1.0%
N/A+56.9%C$43.81BC$33.32B8.3719,300Insider Selling
KEY
Keyera
2.2546 of 5 stars
C$44.07
+0.3%
N/A+42.8%C$10.10BC$7B29.5817,500Analyst Forecast
Analyst Revision
News Coverage
BLX
Boralex
3.1708 of 5 stars
C$32.51
-1.4%
N/A+5.2%C$3.34BC$959M34.96180Analyst Forecast
Analyst Revision
News Coverage
HUT
Hut 8
N/AC$33.27
-2.8%
N/A+1,282.9%C$3.11BC$171.99M-31.09219Analyst Revision
News Coverage
Gap Up
BITF
Bitfarms
2.5487 of 5 stars
C$3.77
+2.7%
N/A+92.1%C$1.71BC$172.70M-7.54110Analyst Forecast
News Coverage
Gap Down
SII
Sprott
2.6309 of 5 stars
N/AN/A+43.1%C$1.52BC$182.34M27.33170Dividend Increase
High Trading Volume
HIVE
HIVE Digital Technologies
0.6266 of 5 stars
C$7.35
flat
N/A+54.2%C$872.59MC$123.14M-15.3120Gap Up
High Trading Volume

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This page (TSE:TD) was last updated on 11/17/2024 by MarketBeat.com Staff
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