Toronto Dominion Bank (The) (NYSE:TD - Free Report) TSE: TD - National Bank Financial boosted their FY2025 earnings estimates for shares of Toronto Dominion Bank in a research report issued to clients and investors on Thursday, August 14th. National Bank Financial analyst G. Dechaine now forecasts that the bank will post earnings per share of $5.85 for the year, up from their previous forecast of $5.77. 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 $1.43 EPS and FY2026 earnings at $6.26 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 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.14. The business had revenue of $10.97 billion for the quarter, compared to analysts' expectations of $13.36 billion. Toronto Dominion Bank had a net margin of 13.53% and a return on equity of 13.11%. During the same quarter last year, the company posted $2.04 EPS.
Other analysts also recently issued reports about the stock. Desjardins upgraded shares of Toronto Dominion Bank from a "hold" rating to a "buy" rating in a research report on Wednesday, August 13th. Scotiabank assumed coverage on shares of Toronto Dominion Bank in a research report on Thursday, May 15th. They set a "sector perform" rating on the stock. Royal Bank Of Canada raised their price objective on shares of Toronto Dominion Bank from $87.00 to $93.00 and gave the company a "sector perform" rating in a research report on Friday, May 23rd. Wall Street Zen upgraded shares of Toronto Dominion Bank from a "sell" rating to a "hold" rating in a research report on Saturday, May 24th. Finally, Zacks Research downgraded shares of Toronto Dominion Bank from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 13th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Toronto Dominion Bank currently has a consensus rating of "Hold" and a consensus target price of $93.00.
Read Our Latest Report on Toronto Dominion Bank
Toronto Dominion Bank Stock Performance
Shares of Toronto Dominion Bank stock traded up $0.3650 on Monday, hitting $73.6750. 1,605,032 shares of the company's stock were exchanged, compared to its average volume of 2,102,509. The stock has a market capitalization of $126.37 billion, a PE ratio of 10.80, a PEG ratio of 1.62 and a beta of 0.84. Toronto Dominion Bank has a 1 year low of $51.25 and a 1 year high of $75.58. The company has a 50-day simple moving average of $73.23 and a 200-day simple moving average of $65.67. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.03 and a current ratio of 1.03.
Toronto Dominion Bank Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Thursday, July 10th were issued a $0.7568 dividend. The ex-dividend date was Thursday, July 10th. This represents a $3.03 dividend on an annualized basis and a yield of 4.1%. This is an increase from Toronto Dominion Bank's previous quarterly dividend of $0.73. Toronto Dominion Bank's payout ratio is presently 45.16%.
Institutional Trading of Toronto Dominion Bank
A number of institutional investors and hedge funds have recently bought and sold shares of TD. Larson Financial Group LLC grew its stake in shares of Toronto Dominion Bank by 122.9% in the 1st quarter. Larson Financial Group LLC now owns 428 shares of the bank's stock worth $26,000 after buying an additional 236 shares in the last quarter. Financial Management Professionals Inc. grew its stake in shares of Toronto Dominion Bank by 322.4% in the 1st quarter. Financial Management Professionals Inc. now owns 490 shares of the bank's stock worth $29,000 after buying an additional 374 shares in the last quarter. Quaker Wealth Management LLC grew its stake in shares of Toronto Dominion Bank by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 428 shares of the bank's stock worth $31,000 after buying an additional 856 shares in the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of Toronto Dominion Bank in the 1st quarter worth $32,000. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of Toronto Dominion Bank in the 2nd quarter worth $32,000. 52.37% of the stock is currently owned by institutional investors.
About Toronto Dominion Bank
(
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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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