TSE:TD Toronto-Dominion Bank (TD) Stock Price, News & Analysis → Top 5 Tech Stocks to Buy for 2024 (From Daily Market Alerts) (Ad) Free TD Stock Alerts C$76.45 -0.15 (-0.20%) (As of 06/7/2024 ET) Add Compare Share Share Today's RangeC$76.01▼C$76.7550-Day RangeC$74.80▼C$81.7652-Week RangeC$73.98▼C$87.10Volume2.45 million shsAverage Volume7.11 million shsMarket CapitalizationC$134.55 billionP/E Ratio13.00Dividend Yield5.34%Price TargetC$87.32 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Toronto-Dominion Bank alerts: Email Address Toronto-Dominion Bank MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside14.2% UpsideC$87.32 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment-0.32Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.52 out of 5 stars 3.3 Analyst's Opinion Consensus RatingToronto-Dominion Bank has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 8 buy ratings, 3 hold ratings, and 2 sell ratings.Amount of Analyst CoverageToronto-Dominion Bank has been the subject of 10 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. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for TD. Previous Next 2.5 Dividend Strength Dividend LeadershipToronto-Dominion Bank is a leading dividend payer. It pays a dividend yield of 5.30%, 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 69.39%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Toronto-Dominion Bank's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TD. Previous Next 1.5 News and Social Media Coverage News SentimentToronto-Dominion Bank has a news sentiment score of -0.32. 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 0.83 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Toronto-Dominion Bank this week, compared to 5 articles on an average week.Search Interest42 people have searched for TD on MarketBeat in the last 30 days. This is an increase of 2% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Toronto-Dominion Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 1.7 Company Ownership 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 0.11% of the stock of Toronto-Dominion Bank is held by insiders.Percentage Held by Institutions60.11% 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. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Toronto-Dominion Bank is 13.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Toronto-Dominion Bank is 13.00, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 483.54.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 1.26. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsHe Is Giving Away BitcoinAnd my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here About Toronto-Dominion Bank Stock (TSE:TD)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. 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 TD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TD Stock News HeadlinesMay 24, 2024 | marketbeat.comTD Bank Q2 Earnings: Record Highs and Regulatory HurdlesTD Bank navigates a complex economic environment, delivering solid earnings in key segments while confronting regulatory challenges in its U.S. operations.May 29, 2024 | reuters.comS&P revises TD Bank's outlook to 'negative' on risk management weaknessMay 28, 2024 | theglobeandmail.comTD Bank’s credit rating outlook revised to ‘negative’ by FitchMay 28, 2024 | msn.comFitch revises TD Bank's credit rating outlook to 'negative'May 28, 2024 | msn.comFitch revises TD Bank's outlook to 'negative' on regulatory concernsMay 28, 2024 | finance.yahoo.comMEDIA ADVISORY - TD Bank Group Executive to Present at the TD Financial Services & Fintech SummitMay 28, 2024 | finance.yahoo.comTD awards $1.4 million in scholarships to 20 outstanding Canadian studentsMay 28, 2024 | americanbankingnews.comQ3 2024 Earnings Estimate for The Toronto-Dominion Bank (TSE:TD) Issued By DesjardinsMay 28, 2024 | americanbankingnews.comQ3 2024 Earnings Forecast for The Toronto-Dominion Bank (TSE:TD) Issued By National Bank FinancialMay 27, 2024 | ca.finance.yahoo.comShould You Load Up on TD Bank Stock?May 26, 2024 | theglobeandmail.comTD Bank ordered to overhaul risk controls, Canada’s inflation rate slows and Gildan’s board resigns: Business and investing news for May 26May 25, 2024 | finance.yahoo.comToronto-Dominion Bank Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 24, 2024 | msn.comTD Bank's quarterly profit rises on strength in domestic banking, wealth managementMay 23, 2024 | markets.businessinsider.comBuy Rating Upheld for TD Bank Following Strong Q2 Performance and Solid Revenue GrowthMay 23, 2024 | finance.yahoo.comTD Bank tops profit, says U.S. still key market as anti-money laundering probe dragsMay 23, 2024 | seekingalpha.comTD Bank sacked more than a dozen staff after anti-money laundering failings - reportMay 22, 2024 | financialpost.com‘All eyes on TD’ and U.S. probes as Canadian bank earnings beginMay 21, 2024 | finance.yahoo.com‘All Eyes On TD’ and US Probes as Canadian Bank Earnings BeginMay 21, 2024 | financialpost.com'All Eyes On TD' and US Probes as Canadian Bank Earnings BeginMay 21, 2024 | msn.comTD Bank (TSE:TD) Sees Its Troubles ContinueMay 21, 2024 | finance.yahoo.com/R E P E A T -- Media Advisory - TD Bank Group to release second quarter financial results/May 20, 2024 | msn.comUncertainty Over US Rates, Credit Card Debt Could Affect Canadian Bank EarningsMay 17, 2024 | markets.businessinsider.comRBC Capital Remains a Buy on Toronto Dominion Bank (TD)May 16, 2024 | msn.comHow Much Will Toronto-Dominion Bank Pay in Dividends This Year?May 16, 2024 | msn.comToronto-Dominion Bank (TD) Stock Moves -0.02%: What You Should KnowSee More Headlines Receive TD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Toronto-Dominion Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/30 Dividend4/08/2024Dividend Payable4/30/2024Last Earnings5/23/2024Today6/07/2024Ex-Dividend for 7/31 Dividend7/10/2024Dividend Payable7/31/2024Next Earnings (Estimated)8/22/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Banks - Diversified Sub-IndustryN/A Current SymbolTSE:TD CUSIPN/A CIKN/A Webwww.td.com Phone+1-416-9446367FaxN/AEmployees103,179Year FoundedN/APrice Target and Rating Average Stock Price TargetC$87.32 High Stock Price TargetC$95.00 Low Stock Price TargetC$73.00 Potential Upside/Downside+14.0%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)C$5.88 Trailing P/E Ratio13.03 Forward P/E Ratio9.73 P/E Growth1.08Net IncomeC$10.75 billion Net Margins21.91% Pretax MarginN/A Return on Equity9.89% Return on Assets0.58% Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesC$51.50 billion Price / Sales2.62 Cash FlowC$265.33 per share Price / Cash Flow0.29 Book ValueC$60.90 per share Price / Book1.26Miscellaneous Outstanding Shares1,760,000,000Free FloatN/AMarket CapC$134.82 billion OptionableNot Optionable Beta0.82 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Bharat B. Masrani (Age 67)Group President, CEO & Director Comp: $3.17MMr. Kelvin Vi Luan TranGroup Head & CFOMr. Riaz E. AhmedGroup Head of Wholesale BankingMr. Leovigildo SalomGroup Head U.S. Retail and President & CEO of America's Most Convenient BankSalma SalmanChief Accountant & Senior VP of FinanceMr. Greg KeeleySenior Executive Vice President of Technology & PlatformsMs. Judy DinnChief Information OfficerMs. Brooke HalesHead of Investor RelationsMs. Jane A. LangfordExecutive VP & General CounselMs. Renu GuptaSenior Vice President of Corporate Development, Strategy & FundingMore ExecutivesKey CompetitorsRoyal Bank of CanadaTSE:RYBank of MontrealTSE:BMOBank of Nova ScotiaTSE:BNSCanadian Imperial Bank of CommerceTSE:CMNational Bank of CanadaTSE:NAView All CompetitorsInsidersAnita O'dellSold 5,760 sharesTotal: C$486,432.00 ($84.45/share)Maryann KennedyBought 17 shares on 12/8/2023Total: C$1,014.39 ($59.67/share)Barbara Ann HooperSold 9,162 sharesTotal: C$737,449.38 ($80.49/share)Riaz AhmedSold 42,500 sharesTotal: C$3.50 M ($82.26/share)View All Insider Transactions Should I Buy Toronto-Dominion Bank Stock? TD Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in The Toronto-Dominion Bank: The Toronto-Dominion Bank has shown consistent growth in its earnings per share over the past few quarters, indicating financial stability and potential for future profitability. With a strong dividend yield, The Toronto-Dominion Bank provides investors with a steady income stream, making it an attractive option for income-oriented investors. Recent market analysis suggests that The Toronto-Dominion Bank's stock price is currently undervalued, presenting a potential buying opportunity for investors looking for value stocks. The Toronto-Dominion Bank has a solid reputation for prudent risk management practices, which can help mitigate potential downside risks for investors. As a leading financial institution, The Toronto-Dominion Bank benefits from a diversified revenue stream across various financial services, reducing dependency on any single sector. Cons Investors should be bearish about investing in The Toronto-Dominion Bank for these reasons: Recent regulatory changes in the banking sector may impact The Toronto-Dominion Bank's profitability and operational efficiency, leading to potential challenges in the near term. Fluctuations in interest rates can affect The Toronto-Dominion Bank's net interest margin, impacting its overall profitability and financial performance. Increased competition in the financial services industry could put pressure on The Toronto-Dominion Bank's market share and margins, potentially affecting its growth prospects. Global economic uncertainties and geopolitical risks may introduce volatility in the financial markets, impacting The Toronto-Dominion Bank's stock price and investor sentiment. Changes in consumer behavior and preferences towards digital banking services may require significant investments in technology and innovation, potentially increasing operational costs for The Toronto-Dominion Bank. 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 Tuesday, June 4, 2024. Please send any questions or comments about these Toronto-Dominion Bank pros and cons to contact@marketbeat.com. TD Stock Analysis - Frequently Asked Questions Should I buy or sell Toronto-Dominion Bank stock right now? 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last year. There are currently 2 sell ratings, 3 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TD shares. View TD analyst ratings or view top-rated stocks. What is Toronto-Dominion Bank's stock price target for 2024? 14 Wall Street analysts have issued twelve-month price objectives for Toronto-Dominion Bank's shares. Their TD share price targets range from C$73.00 to C$95.00. On average, they expect the company's share price to reach C$87.32 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price. View analysts price targets for TD or view top-rated stocks among Wall Street analysts. How have TD shares performed in 2024? Toronto-Dominion Bank's stock was trading at C$85.62 at the beginning of 2024. Since then, TD stock has decreased by 10.7% and is now trading at C$76.45. View the best growth stocks for 2024 here. When is Toronto-Dominion Bank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 22nd 2024. View our TD earnings forecast. How were Toronto-Dominion Bank's earnings last quarter? The Toronto-Dominion Bank (TSE:TD) issued its quarterly earnings data on Thursday, May, 23rd. The company reported $2.04 EPS for the quarter, topping analysts' consensus estimates of $1.84 by $0.20. The business earned $13.82 billion during the quarter, compared to analyst estimates of $13.38 billion. Toronto-Dominion Bank had a trailing twelve-month return on equity of 9.89% and a net margin of 21.91%. How often does Toronto-Dominion Bank pay dividends? What is the dividend yield for Toronto-Dominion Bank? Toronto-Dominion Bank announced a quarterly dividend on Thursday, May 23rd. Shareholders of record on Wednesday, July 10th will be given a dividend of 1.02 per share on Wednesday, July 31st. This represents a $4.08 dividend on an annualized basis and a dividend yield of 5.34%. The ex-dividend date of this dividend is Wednesday, July 10th. Read our dividend analysis for TD. Is Toronto-Dominion Bank a good dividend stock? Toronto-Dominion Bank (TSE:TD) pays an annual dividend of C$4.08 per share and currently has a dividend yield of 5.30%. TD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 69.39%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for TD. What other stocks do shareholders of Toronto-Dominion Bank own? Based on aggregate information from My MarketBeat watchlists, some companies that other Toronto-Dominion Bank investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Open Text (OTEX), Rogers Communications (RCI) and Valeant Pharmaceuticals International (VRX). 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. 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