Equities Analysts Set Expectations for TSE:TD Q1 Earnings

The Toronto-Dominion Bank (TSE:TD - Free Report) NYSE: TD - Equities researchers at Desjardins increased their Q1 2025 earnings per share (EPS) estimates for Toronto-Dominion Bank in a report released on Tuesday, February 4th. Desjardins analyst D. Young now anticipates that the company will earn $1.94 per share for the quarter, up from their previous estimate of $1.86. Desjardins currently has a "Hold" rating on the stock. The consensus estimate for Toronto-Dominion Bank's current full-year earnings is $7.22 per share.

TD has been the subject of a number of other reports. BMO Capital Markets raised Toronto-Dominion Bank from a "market perform" rating to an "outperform" rating and set a C$90.00 price objective for the company in a research report on Thursday, December 19th. National Bankshares lowered their price objective on shares of Toronto-Dominion Bank from C$85.00 to C$80.00 in a research report on Friday, December 6th. Cormark cut their price objective on shares of Toronto-Dominion Bank from C$99.00 to C$94.00 in a research report on Friday, December 6th. Scotiabank downgraded shares of Toronto-Dominion Bank from an "outperform" rating to a "sector perform" rating and lowered their target price for the company from C$98.00 to C$81.00 in a report on Friday, December 6th. Finally, Barclays lowered shares of Toronto-Dominion Bank from a "hold" rating to a "strong sell" rating in a research note on Thursday, November 21st. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of C$86.83.

Toronto-Dominion Bank Price Performance

Shares of TSE:TD traded down C$0.05 on Thursday, reaching C$82.81. The company's stock had a trading volume of 4,714,113 shares, compared to its average volume of 10,303,604. Toronto-Dominion Bank has a 52-week low of C$73.22 and a 52-week high of C$87.99. The stock has a market capitalization of C$144.92 billion, a P/E ratio of 19.17, a PEG ratio of 1.22 and a beta of 0.82. The stock's 50-day moving average is C$78.75 and its two-hundred day moving average is C$80.05.

Toronto-Dominion Bank Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 31st were given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 5.07%. This is an increase from Toronto-Dominion Bank's previous quarterly dividend of $1.02. The ex-dividend date of this dividend was Friday, January 10th. Toronto-Dominion Bank's payout ratio is presently 94.44%.

Toronto-Dominion Bank Company Profile

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.