Q3 EPS Estimates for TD Boosted by National Bank Financial

The Toronto-Dominion Bank (NYSE:TD - Free Report) TSE: TD - National Bank Financial increased their Q3 2025 earnings per share estimates for Toronto-Dominion Bank in a report released on Thursday, May 22nd. National Bank Financial analyst G. Dechaine now forecasts that the bank will post earnings of $1.51 per share for the quarter, up from their prior forecast of $1.43. The consensus estimate for Toronto-Dominion Bank's current full-year earnings is $5.48 per share. National Bank Financial also issued estimates for Toronto-Dominion Bank's Q4 2025 earnings at $1.40 EPS and FY2025 earnings at $5.77 EPS.

Toronto-Dominion Bank (NYSE:TD - Get Free Report) TSE: TD last issued its quarterly 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. The company had revenue of $10.97 billion during the quarter, compared to analyst estimates of $13.36 billion. Toronto-Dominion Bank had a return on equity of 13.96% and a net margin of 7.37%. During the same period in the previous year, the company earned $2.04 earnings per share.

Other research analysts have also issued reports about the company. Jefferies Financial Group lowered Toronto-Dominion Bank from a "buy" rating to a "hold" rating in a research note on Tuesday, February 18th. Scotiabank started coverage on Toronto-Dominion Bank in a research note on Thursday, May 15th. They issued a "sector perform" rating for the company. Royal Bank of Canada upped their target price on Toronto-Dominion Bank from $87.00 to $93.00 and gave the company a "sector perform" rating in a research note on Friday, May 23rd. Finally, Wall Street Zen upgraded Toronto-Dominion Bank from a "sell" rating to a "hold" rating in a research note on Saturday. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Toronto-Dominion Bank has a consensus rating of "Hold" and a consensus target price of $93.00.

Toronto-Dominion Bank Stock Performance

Shares of NYSE TD traded down $0.11 during trading hours on Monday, reaching $68.11. The stock had a trading volume of 1,705,157 shares, compared to its average volume of 2,367,808. The business's fifty day moving average is $61.70 and its two-hundred day moving average is $58.30. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market cap of $118.23 billion, a price-to-earnings ratio of 19.63, a PEG ratio of 1.95 and a beta of 0.81. Toronto-Dominion Bank has a twelve month low of $51.25 and a twelve month high of $68.74.

Toronto-Dominion Bank Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 10th will be paid a dividend of $0.7568 per share. This is a positive change from Toronto-Dominion Bank's previous quarterly dividend of $0.73. This represents a $3.03 annualized dividend and a yield of 4.44%. The ex-dividend date is Thursday, July 10th. Toronto-Dominion Bank's dividend payout ratio is currently 42.67%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Larson Financial Group LLC raised its stake in Toronto-Dominion Bank by 122.9% during the first quarter. Larson Financial Group LLC now owns 428 shares of the bank's stock worth $26,000 after acquiring an additional 236 shares in the last quarter. Financial Management Professionals Inc. raised its stake in Toronto-Dominion Bank by 322.4% during the first quarter. Financial Management Professionals Inc. now owns 490 shares of the bank's stock worth $29,000 after acquiring an additional 374 shares in the last quarter. Lee Danner & Bass Inc. bought a new stake in shares of Toronto-Dominion Bank during the fourth quarter worth $27,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Toronto-Dominion Bank in the first quarter valued at $32,000. Finally, ORG Partners LLC acquired a new stake in shares of Toronto-Dominion Bank in the first quarter valued at $34,000. 52.37% of the stock is currently owned by institutional investors and hedge funds.

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.