NA vs. TD, BMO, BNS, CM, RY, BN, MFC, IFC, SLF, and GWO
Should you be buying National Bank of Canada stock or one of its competitors? The main competitors of National Bank of Canada include Toronto-Dominion Bank (TD), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Canadian Imperial Bank of Commerce (CM), Royal Bank of Canada (RY), Brookfield (BN), Manulife Financial (MFC), Intact Financial (IFC), Sun Life Financial (SLF), and Great-West Lifeco (GWO). These companies are all part of the "financial services" sector.
Toronto-Dominion Bank (TSE:TD) and National Bank of Canada (TSE:NA) are both large-cap financial services companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, dividends, risk, analyst recommendations, profitability, community ranking, valuation and earnings.
National Bank of Canada has a net margin of 34.22% compared to National Bank of Canada's net margin of 23.86%. Toronto-Dominion Bank's return on equity of 14.73% beat National Bank of Canada's return on equity.
Toronto-Dominion Bank currently has a consensus price target of C$88.32, suggesting a potential upside of 16.54%. National Bank of Canada has a consensus price target of C$110.50, suggesting a potential downside of 2.22%. Given National Bank of Canada's stronger consensus rating and higher probable upside, equities research analysts plainly believe Toronto-Dominion Bank is more favorable than National Bank of Canada.
59.8% of Toronto-Dominion Bank shares are owned by institutional investors. Comparatively, 34.7% of National Bank of Canada shares are owned by institutional investors. 0.1% of Toronto-Dominion Bank shares are owned by insiders. Comparatively, 0.2% of National Bank of Canada shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Toronto-Dominion Bank has higher revenue and earnings than National Bank of Canada. National 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.
National Bank of Canada received 77 more outperform votes than Toronto-Dominion Bank when rated by MarketBeat users. However, 55.10% of users gave Toronto-Dominion Bank an outperform vote while only 51.40% of users gave National Bank of Canada an outperform vote.
In the previous week, Toronto-Dominion Bank had 39 more articles in the media than National Bank of Canada. MarketBeat recorded 55 mentions for Toronto-Dominion Bank and 16 mentions for National Bank of Canada. Toronto-Dominion Bank's average media sentiment score of 0.65 beat National Bank of Canada's score of 0.18 indicating that National Bank of Canada is being referred to more favorably in the news media.
Toronto-Dominion Bank has a beta of 0.82, suggesting that its share price is 18% less volatile than the S&P 500. Comparatively, National Bank of Canada has a beta of 1.12, suggesting that its share price is 12% more volatile than the S&P 500.
Toronto-Dominion Bank pays an annual dividend of C$4.08 per share and has a dividend yield of 5.4%. National Bank of Canada pays an annual dividend of C$4.24 per share and has a dividend yield of 3.8%. Toronto-Dominion Bank pays out 64.5% of its earnings in the form of a dividend. National Bank of Canada pays out 44.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
Summary
Toronto-Dominion Bank and National Bank of Canada tied by winning 10 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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