Desjardins Analysts Increase Earnings Estimates for TD

Key Points

• Desjardins analysts have raised their Q3 2025 earnings per share (EPS) estimate for Toronto Dominion Bank from $1.38 to $1.47, maintaining a "Buy" rating on the stock.
• The bank's recent quarterly earnings report showed an EPS of $1.39, exceeding analyst expectations, along with a net margin of 13.53% and revenue of $10.97 billion.
• TD declared a quarterly dividend of $0.7568, increasing from their previous dividend, which results in an annualized yield of 4.1%.

Toronto Dominion Bank (The) (NYSE:TD - Free Report) TSE: TD - Equities research analysts at Desjardins increased their Q3 2025 EPS estimates for Toronto Dominion Bank in a research report issued on Tuesday, August 12th. Desjardins analyst D. Young now expects that the bank will earn $1.47 per share for the quarter, up from their prior estimate of $1.38. Desjardins currently has a "Buy" rating on the stock. The consensus estimate for Toronto Dominion Bank's current full-year earnings is $5.48 per share. Desjardins also issued estimates for Toronto Dominion Bank's FY2025 earnings at $5.84 EPS and FY2026 earnings at $6.35 EPS.

Toronto Dominion Bank (NYSE:TD - Get Free Report) TSE: TD last released its earnings results on Thursday, May 22nd. The bank reported $1.39 EPS for the quarter, topping analysts' consensus estimates of $1.25 by $0.14. Toronto Dominion Bank had a net margin of 13.53% and a return on equity of 13.11%. The firm had revenue of $10.97 billion during the quarter, compared to analyst estimates of $13.36 billion. During the same quarter in the previous year, the business earned $2.04 EPS.

TD has been the subject of several other research reports. Scotiabank began coverage on shares of Toronto Dominion Bank in a report on Thursday, May 15th. They issued a "sector perform" rating for the company. Royal Bank Of Canada boosted their price objective on shares of Toronto Dominion Bank from $87.00 to $93.00 and gave the company a "sector perform" rating in a research report on Friday, May 23rd. Finally, Wall Street Zen raised shares of Toronto Dominion Bank from a "sell" rating to a "hold" rating in a research report on Saturday, May 24th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, Toronto Dominion Bank presently has a consensus rating of "Hold" and an average price target of $93.00.

Toronto Dominion Bank Price Performance

Shares of TD stock opened at $74.48 on Thursday. Toronto Dominion Bank has a 12-month low of $51.25 and a 12-month high of $75.58. The firm has a market capitalization of $127.74 billion, a price-to-earnings ratio of 10.92, a price-to-earnings-growth ratio of 1.66 and a beta of 0.84. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.09. The firm has a fifty day moving average of $72.94 and a 200-day moving average of $65.15.

Toronto Dominion Bank Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Thursday, July 10th were issued a $0.7568 dividend. The ex-dividend date of this dividend was Thursday, July 10th. This represents a $3.03 annualized dividend and a yield of 4.1%. This is an increase from Toronto Dominion Bank's previous quarterly dividend of $0.73. Toronto Dominion Bank's payout ratio is currently 45.16%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in TD. Raymond James Financial Inc. acquired a new position in shares of Toronto Dominion Bank during the 4th quarter worth approximately $7,865,000. Guggenheim Capital LLC grew its position in shares of Toronto Dominion Bank by 40.9% during the 4th quarter. Guggenheim Capital LLC now owns 6,771 shares of the bank's stock worth $360,000 after purchasing an additional 1,966 shares in the last quarter. Bridgewater Associates LP grew its position in shares of Toronto Dominion Bank by 280.2% during the 4th quarter. Bridgewater Associates LP now owns 210,583 shares of the bank's stock worth $11,206,000 after purchasing an additional 155,197 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Toronto Dominion Bank by 198.4% during the 4th quarter. NewEdge Advisors LLC now owns 6,334 shares of the bank's stock worth $337,000 after acquiring an additional 4,211 shares in the last quarter. Finally, Wasatch Advisors LP boosted its position in shares of Toronto Dominion Bank by 11.9% during the 4th quarter. Wasatch Advisors LP now owns 43,420 shares of the bank's stock worth $2,309,000 after acquiring an additional 4,610 shares in the last quarter. Institutional investors and hedge funds own 52.37% of the company's stock.

About Toronto Dominion Bank

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.

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