Toronto-Dominion Bank (NYSE:TD - Get Free Report) TSE: TD is expected to be releasing its earnings data before the market opens on Thursday, February 27th. Analysts expect Toronto-Dominion Bank to post earnings of $1.36 per share and revenue of $13.26 billion for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.
Toronto-Dominion Bank Stock Down 0.8 %
Toronto-Dominion Bank stock traded down $0.46 during midday trading on Monday, reaching $59.38. The company's stock had a trading volume of 1,125,655 shares, compared to its average volume of 2,628,209. The stock has a market capitalization of $103.93 billion, a P/E ratio of 17.11, a PEG ratio of 1.95 and a beta of 0.84. 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 stock's 50-day simple moving average is $56.16 and its 200-day simple moving average is $57.58. Toronto-Dominion Bank has a 52-week low of $51.25 and a 52-week high of $64.91.
Toronto-Dominion Bank Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 10th were issued a $0.7482 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $2.99 dividend on an annualized basis and a dividend yield of 5.04%. This is a boost from Toronto-Dominion Bank's previous quarterly dividend of $0.74. Toronto-Dominion Bank's dividend payout ratio (DPR) is currently 84.15%.
Analyst Ratings Changes
TD has been the subject of several research reports. StockNews.com cut shares of Toronto-Dominion Bank from a "hold" rating to a "sell" rating in a research note on Monday. Jefferies Financial Group downgraded Toronto-Dominion Bank from a "buy" rating to a "hold" rating in a research report on Tuesday, February 18th. Bank of America upgraded shares of Toronto-Dominion Bank from a "neutral" rating to a "buy" rating in a research report on Friday, January 17th. Desjardins cut Toronto-Dominion Bank from a "buy" rating to a "hold" rating in a research report on Friday, December 6th. Finally, Scotiabank downgraded shares of Toronto-Dominion Bank from a "sector outperform" rating to a "sector perform" rating in a report on Friday, December 6th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Toronto-Dominion Bank has an average rating of "Hold" and a consensus price target of $80.50.
View Our Latest Stock Analysis on TD
About Toronto-Dominion Bank
(
Get Free Report)
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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