TD Q3 EPS Estimate Increased by National Bank Financial

The Toronto-Dominion Bank (NYSE:TD - Free Report) TSE: TD - Investment analysts at National Bank Financial lifted their Q3 2025 earnings estimates for Toronto-Dominion Bank in a report issued 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 previous estimate 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.

Several other research analysts have also issued reports on the company. Jefferies Financial Group lowered Toronto-Dominion Bank from a "buy" rating to a "hold" rating in a research report on Tuesday, February 18th. Wall Street Zen upgraded Toronto-Dominion Bank from a "sell" rating to a "hold" rating in a research note on Saturday. Scotiabank initiated coverage on shares of Toronto-Dominion Bank in a research note on Thursday, May 15th. They set a "sector perform" rating for the company. Finally, Royal Bank of Canada raised 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 note on Friday. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $93.00.

Toronto-Dominion Bank Trading Up 0.7%

Shares of TD stock traded up $0.49 during trading hours on Monday, reaching $68.19. 1,578,547 shares of the stock were exchanged, compared to its average volume of 2,370,459. The firm has a market capitalization of $118.37 billion, a price-to-earnings ratio of 19.65, a price-to-earnings-growth ratio of 1.95 and a beta of 0.81. Toronto-Dominion Bank has a 12-month low of $51.25 and a 12-month high of $68.74. The company's 50-day moving average price is $61.54 and its 200-day moving average price is $58.23. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.11.

Toronto-Dominion Bank (NYSE:TD - Get Free Report) TSE: TD last posted its quarterly earnings data on Thursday, May 22nd. The bank reported $1.39 EPS for the quarter, topping the consensus estimate of $1.25 by $0.14. Toronto-Dominion Bank had a net margin of 7.37% and a return on equity of 13.96%. The company had revenue of $10.97 billion during the quarter, compared to analyst estimates of $13.36 billion. During the same period in the previous year, the firm earned $2.04 earnings per share.

Toronto-Dominion Bank Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 10th will be issued a $0.7568 dividend. This represents a $3.03 annualized dividend and a yield of 4.44%. 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%.

Hedge Funds Weigh In On Toronto-Dominion Bank

A number of hedge funds have recently made changes to their positions in TD. Balanced Rock Investment Advisors LLC raised its position in shares of Toronto-Dominion Bank by 1.1% in the first quarter. Balanced Rock Investment Advisors LLC now owns 14,983 shares of the bank's stock valued at $898,000 after buying an additional 163 shares during the last quarter. Frank Rimerman Advisors LLC increased its stake in shares of Toronto-Dominion Bank by 3.2% in the 4th quarter. Frank Rimerman Advisors LLC now owns 5,446 shares of the bank's stock worth $290,000 after acquiring an additional 171 shares during the last quarter. MFA Wealth Services increased its stake in shares of Toronto-Dominion Bank by 4.5% in the 1st quarter. MFA Wealth Services now owns 4,179 shares of the bank's stock worth $250,000 after acquiring an additional 179 shares during the last quarter. Hexagon Capital Partners LLC increased its stake in shares of Toronto-Dominion Bank by 14.5% in the 1st quarter. Hexagon Capital Partners LLC now owns 1,500 shares of the bank's stock worth $90,000 after acquiring an additional 190 shares during the last quarter. Finally, JFS Wealth Advisors LLC increased its stake in shares of Toronto-Dominion Bank by 6.0% in the 1st quarter. JFS Wealth Advisors LLC now owns 3,421 shares of the bank's stock worth $205,000 after acquiring an additional 194 shares during the last quarter. Institutional investors and hedge funds own 52.37% of the company's stock.

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.