Q3 EPS Estimate for Toronto-Dominion Bank Raised by Analyst

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 research note issued to investors on Thursday, May 22nd. National Bank Financial analyst G. Dechaine now anticipates that the bank will post earnings per share of $1.51 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 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. The business had revenue of $10.97 billion during the quarter, compared to analysts' expectations of $13.36 billion. Toronto-Dominion Bank had a net margin of 7.37% and a return on equity of 13.96%. During the same quarter in the previous year, the company earned $2.04 earnings per share.

Several other equities research analysts also recently weighed in on TD. Royal Bank of Canada upped their price target on Toronto-Dominion Bank from $87.00 to $93.00 and gave the stock a "sector perform" rating in a report on Friday, May 23rd. Scotiabank initiated coverage on Toronto-Dominion Bank in a report on Thursday, May 15th. They issued a "sector perform" rating for the company. Wall Street Zen upgraded Toronto-Dominion Bank from a "sell" rating to a "hold" rating in a research report on Saturday, May 24th. Finally, Jefferies Financial Group cut shares of Toronto-Dominion Bank from a "buy" rating to a "hold" rating in a research note on Tuesday, February 18th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, Toronto-Dominion Bank presently has a consensus rating of "Hold" and an average target price of $93.00.

Toronto-Dominion Bank Trading Up 0.2%

Shares of NYSE:TD traded up $0.16 during midday trading on Monday, reaching $68.90. 110,206 shares of the company's stock were exchanged, compared to its average volume of 2,355,771. Toronto-Dominion Bank has a fifty-two week low of $51.25 and a fifty-two week high of $68.89. 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 firm's 50 day simple moving average is $62.04 and its two-hundred day simple moving average is $58.45. The stock has a market cap of $119.59 billion, a price-to-earnings ratio of 19.84, a P/E/G ratio of 1.95 and a beta of 0.81.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Toronto-Dominion Bank by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 74,634,839 shares of the bank's stock valued at $4,472,194,000 after buying an additional 516,288 shares during the period. FIL Ltd lifted its position in shares of Toronto-Dominion Bank by 17.3% in the fourth quarter. FIL Ltd now owns 38,989,749 shares of the bank's stock valued at $2,075,819,000 after buying an additional 5,756,584 shares during the last quarter. TD Asset Management Inc raised its position in shares of Toronto-Dominion Bank by 0.4% in the first quarter. TD Asset Management Inc now owns 37,035,579 shares of the bank's stock valued at $2,218,918,000 after purchasing an additional 162,563 shares during the period. Mackenzie Financial Corp increased its position in Toronto-Dominion Bank by 4.5% during the 1st quarter. Mackenzie Financial Corp now owns 29,252,736 shares of the bank's stock worth $1,752,806,000 after buying an additional 1,262,062 shares during the period. Finally, Norges Bank acquired a new position in shares of Toronto-Dominion Bank during the 4th quarter worth approximately $992,204,000. Institutional investors and hedge funds own 52.37% of the company's stock.

Toronto-Dominion Bank Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 10th will be paid a $0.7568 dividend. This represents a $3.03 dividend on an annualized basis and a dividend yield of 4.39%. This is a boost from Toronto-Dominion Bank's previous quarterly dividend of $0.73. The ex-dividend date of this dividend is Thursday, July 10th. Toronto-Dominion Bank's payout ratio is presently 42.67%.

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.