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Toronto-Dominion Bank (TD) Competitors

Toronto-Dominion Bank logo
C$74.80 -0.41 (-0.55%)
(As of 04:28 PM ET)

TD vs. RY, BMO, BNS, FFH, KEY, HUT, BLX, SII, BITF, 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), Hut 8 (HUT), Boralex (BLX), Sprott (SII), Bitfarms (BITF), 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 stock? We will compare the two companies based on the strength of their dividends, community ranking, valuation, analyst recommendations, risk, media sentiment, institutional ownership, earnings and profitability.

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

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 5.5%. 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 received 181 more outperform votes than Toronto-Dominion Bank when rated by MarketBeat users. Likewise, 58.51% of users gave Royal Bank of Canada an outperform vote while only 53.91% of users gave Toronto-Dominion Bank an outperform vote.

CompanyUnderperformOutperform
Royal Bank of CanadaOutperform Votes
753
58.51%
Underperform Votes
534
41.49%
Toronto-Dominion BankOutperform Votes
572
53.91%
Underperform Votes
489
46.09%

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$56.51B4.32C$15.90BC$11.2915.32
Toronto-Dominion BankC$52.31B2.50C$7.69BC$4.3217.31

In the previous week, Toronto-Dominion Bank had 11 more articles in the media than Royal Bank of Canada. MarketBeat recorded 14 mentions for Toronto-Dominion Bank and 3 mentions for Royal Bank of Canada. Royal Bank of Canada's average media sentiment score of 0.33 beat Toronto-Dominion Bank's score of 0.05 indicating that Royal Bank of Canada is being referred to more favorably in the media.

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

52.5% of Royal Bank of Canada shares are held by institutional investors. Comparatively, 58.1% of Toronto-Dominion Bank shares are held by institutional investors. 0.1% of Toronto-Dominion Bank shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Royal Bank of Canada presently has a consensus target price of C$176.58, indicating a potential upside of 2.07%. Toronto-Dominion Bank has a consensus target price of C$86.83, indicating a potential upside of 16.09%. Given Toronto-Dominion Bank's higher probable upside, analysts clearly 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)
2 Hold rating(s)
6 Buy rating(s)
3 Strong Buy rating(s)
3.09
Toronto-Dominion Bank
1 Sell rating(s)
7 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.38

Summary

Royal Bank of Canada beats Toronto-Dominion Bank on 15 of the 21 factors compared between the two stocks.

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$130.90BC$87.68BC$3.30BC$5.60B
Dividend Yield5.25%4.73%4.55%5.75%
P/E Ratio17.31191.89446.8027.82
Price / Sales2.5080.813,074.481,249.66
Price / Cash0.290.1748.4378.85
Price / Book1.231.211.483.30
Net IncomeC$7.69BC$7.94BC$396.76MC$286.42M
7 Day Performance-1.27%0.01%5.60%-4.00%
1 Month Performance-5.16%0.20%8.46%0.33%
1 Year Performance-9.88%49.91%10.73%35.94%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
2.8997 of 5 stars
C$74.80
-0.5%
C$86.83
+16.1%
-9.9%C$130.90BC$52.31B17.3193,700Analyst Forecast
RY
Royal Bank of Canada
1.2857 of 5 stars
C$177.06
-0.1%
C$176.58
-0.3%
+34.8%C$249.65BC$56.51B15.7191,400
BMO
Bank of Montreal
2.4047 of 5 stars
C$140.28
-0.5%
C$131.33
-6.4%
+13.5%C$102.32BC$31.41B16.2346,700
BNS
Bank of Nova Scotia
2.136 of 5 stars
C$78.47
-0.6%
C$76.73
-2.2%
+26.4%C$97.30BC$29.60B13.8291,000
FFH
Fairfax Financial
1.7031 of 5 stars
C$2,003.00
+0.5%
C$2,025.00
+1.1%
+68.9%C$46.69BC$33.32B8.8719,300
KEY
Keyera
2.4232 of 5 stars
C$43.34
-0.2%
C$43.62
+0.6%
+34.2%C$9.93BC$7B29.1417,500Dividend Announcement
Analyst Revision
HUT
Hut 8
N/AC$43.96
+12.9%
N/A+202.6%C$4.11BC$171.99M-39.16219Gap Up
BLX
Boralex
2.9864 of 5 stars
C$29.14
+0.5%
C$43.38
+48.9%
-13.5%C$2.99BC$959M31.17180
SII
Sprott
1.3471 of 5 stars
C$62.67
+0.6%
C$67.00
+6.9%
+42.2%C$1.59BC$182.34M28.45170
BITF
Bitfarms
2.0574 of 5 stars
C$3.04
+10.1%
C$6.50
+113.8%
-26.4%C$1.38BC$172.70M-5.92110Gap Up
HIVE
HIVE Digital Technologies
0.3674 of 5 stars
C$5.83
+6.8%
C$9.00
+54.4%
+11.6%C$692.14MC$123.14M-11.7920Gap Up
High Trading Volume

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This page (TSE:TD) was last updated on 12/18/2024 by MarketBeat.com Staff
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