Desjardins Cuts Earnings Estimates for Toronto-Dominion Bank

The Toronto-Dominion Bank (TSE:TD - Free Report) NYSE: TD - Desjardins decreased their Q3 2025 earnings estimates for Toronto-Dominion Bank in a report issued on Thursday, May 22nd. Desjardins analyst D. Young now anticipates that the company will post earnings per share of $1.92 for the quarter, down from their prior forecast of $1.96. The consensus estimate for Toronto-Dominion Bank's current full-year earnings is $7.22 per share. Desjardins also issued estimates for Toronto-Dominion Bank's Q4 2025 earnings at $1.99 EPS.

Several other analysts have also commented on TD. CIBC lowered their price objective on shares of Toronto-Dominion Bank from C$95.00 to C$94.00 in a research report on Thursday, May 22nd. Jefferies Financial Group downgraded shares of Toronto-Dominion Bank from a "buy" rating to a "hold" rating and lifted their target price for the stock from C$90.00 to C$99.00 in a research note on Tuesday, February 18th. National Bankshares set a C$80.00 target price on shares of Toronto-Dominion Bank and gave the stock a "sector perform" rating in a research note on Thursday, May 22nd. UBS Group lifted their target price on shares of Toronto-Dominion Bank from C$83.00 to C$90.00 in a research note on Friday, February 14th. Finally, Scotiabank upgraded shares of Toronto-Dominion Bank to a "hold" rating in a research note on Wednesday, May 14th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of C$88.67.

Toronto-Dominion Bank Stock Performance

TD stock traded up C$0.29 during mid-day trading on Monday, hitting C$94.53. The company had a trading volume of 1,371,814 shares, compared to its average volume of 8,124,412. The firm has a market cap of C$165.84 billion, a PE ratio of 18.73, a price-to-earnings-growth ratio of 1.22 and a beta of 0.82. Toronto-Dominion Bank has a 12 month low of C$73.22 and a 12 month high of C$94.83. The stock's fifty day moving average price is C$86.51 and its two-hundred day moving average price is C$82.81.

Insider Transactions at Toronto-Dominion Bank

In other Toronto-Dominion Bank news, Director Ana Arsov acquired 3,000 shares of the stock in a transaction dated Wednesday, May 28th. The stock was purchased at an average cost of C$94.49 per share, for a total transaction of C$283,470.00. Also, Director Theresa Lynn Currie sold 48,792 shares of the business's stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of C$94.64, for a total transaction of C$4,617,674.88. Following the completion of the sale, the director now owns 163 shares of the company's stock, valued at approximately C$15,426.32. The trade was a 99.67% decrease in their ownership of the stock. In the last ninety days, insiders acquired 31,119 shares of company stock worth $2,563,882 and sold 103,252 shares worth $9,316,855. Company insiders own 0.08% of the company's stock.

Toronto-Dominion Bank Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 10th will be paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 4.44%. Toronto-Dominion Bank's dividend payout ratio is presently 80.84%.

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.