Equities Analysts Set Expectations for TD FY2025 Earnings

Key Points

• Desjardins has raised its FY2025 earnings per share estimate for Toronto Dominion Bank from $5.84 to $5.94, while maintaining a "Buy" rating.
• The bank recently reported a quarterly earnings per share of $1.91, exceeding analyst estimates of $1.46, with a net margin of 16.40% and total revenue of $10.12 billion.
• Toronto Dominion Bank announced an increase in its quarterly dividend to $1.05, yielding 5.6%, up from the previous dividend of $0.76.

Toronto Dominion Bank (The) (NYSE:TD - Free Report) TSE: TD - Investment analysts at Desjardins lifted their FY2025 earnings per share estimates for Toronto Dominion Bank in a report released on Thursday, August 28th. Desjardins analyst D. Young now anticipates that the bank will earn $5.94 per share for the year, up from their prior estimate of $5.84. Desjardins 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 Q4 2025 earnings at $1.49 EPS.

Other equities research analysts also recently issued reports about the stock. Zacks Research downgraded shares of Toronto Dominion Bank from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 13th. Wall Street Zen raised shares of Toronto Dominion Bank from a "sell" rating to a "hold" rating in a research note on Saturday, May 24th. Royal Bank Of Canada lifted their price target on shares of Toronto Dominion Bank from $87.00 to $93.00 and gave the stock a "sector perform" rating in a research report on Friday, May 23rd. Finally, Scotiabank initiated coverage on shares of Toronto Dominion Bank in a report on Thursday, May 15th. They set a "sector perform" rating on the stock. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $93.00.

Toronto Dominion Bank Trading Up 3.0%

NYSE:TD opened at $75.05 on Monday. The stock has a market cap of $128.73 billion, a price-to-earnings ratio of 8.77, a PEG ratio of 1.63 and a beta of 0.81. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.02 and a current ratio of 1.02. Toronto Dominion Bank has a 1 year low of $51.25 and a 1 year high of $78.95. The business has a fifty day moving average of $73.79 and a 200-day moving average of $66.59.

Toronto Dominion Bank (NYSE:TD - Get Free Report) TSE: TD last released its quarterly earnings data on Thursday, August 28th. The bank reported $1.91 earnings per share for the quarter, topping analysts' consensus estimates of $1.46 by $0.45. Toronto Dominion Bank had a net margin of 16.40% and a return on equity of 13.59%. The business had revenue of $10.12 billion for the quarter, compared to analysts' expectations of $13.73 billion. During the same quarter last year, the company earned $2.05 EPS. The company's revenue for the quarter was up 7.9% compared to the same quarter last year.

Institutional Trading of Toronto Dominion Bank

Institutional investors and hedge funds have recently modified their holdings of the business. Larson Financial Group LLC raised its position in Toronto Dominion Bank by 122.9% in the first quarter. Larson Financial Group LLC now owns 428 shares of the bank's stock valued at $26,000 after purchasing an additional 236 shares during the last quarter. Quaker Wealth Management LLC increased its position in Toronto Dominion Bank by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 428 shares of the bank's stock valued at $31,000 after acquiring an additional 856 shares during the period. Elevation Point Wealth Partners LLC acquired a new position in Toronto Dominion Bank during the 2nd quarter worth about $32,000. Richardson Financial Services Inc. bought a new stake in shares of Toronto Dominion Bank in the 2nd quarter valued at about $34,000. Finally, Financial Management Professionals Inc. increased its stake in shares of Toronto Dominion Bank by 322.4% in the first quarter. Financial Management Professionals Inc. now owns 490 shares of the bank's stock valued at $29,000 after buying an additional 374 shares during the period. 52.37% of the stock is currently owned by institutional investors.

Toronto Dominion Bank Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 10th will be paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 5.6%. This is a positive change from Toronto Dominion Bank's previous quarterly dividend of $0.76. The ex-dividend date of this dividend is Friday, October 10th. Toronto Dominion Bank's payout ratio is 45.31%.

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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