TSE:TD FY2025 EPS Estimate Lifted by National Bank Financial

Key Points

• National Bank Financial raised its FY2025 EPS estimate for Toronto-Dominion Bank to $8.17, improving from the previous forecast of $8.02.
• Several analysts, including Desjardins and CIBC, have increased their price targets for Toronto-Dominion Bank, with the average target now at C$99.92.
• The company recently declared a quarterly dividend of $1.05 per share, resulting in an annualized payout of $4.20 and a yield of 4.1%.

The Toronto-Dominion Bank (TSE:TD - Free Report) NYSE: TD - Research analysts at National Bank Financial boosted their FY2025 earnings per share estimates for Toronto-Dominion Bank in a research report issued on Thursday, August 28th. National Bank Financial analyst G. Dechaine now anticipates that the company will earn $8.17 per share for the year, up from their prior estimate of $8.02. The consensus estimate for Toronto-Dominion Bank's current full-year earnings is $7.22 per share. National Bank Financial also issued estimates for Toronto-Dominion Bank's Q4 2025 earnings at $1.98 EPS and FY2026 earnings at $8.67 EPS.

Several other equities research analysts have also recently issued reports on TD. Barclays lifted their price objective on shares of Toronto-Dominion Bank from C$95.00 to C$97.00 and gave the stock an "underweight" rating in a research report on Friday, August 29th. Jefferies Financial Group lifted their price objective on shares of Toronto-Dominion Bank from C$103.00 to C$117.00 in a research report on Wednesday, August 13th. Scotiabank increased their target price on shares of Toronto-Dominion Bank from C$95.00 to C$104.00 and gave the company a "sector perform" rating in a research report on Friday, August 29th. Canaccord Genuity Group increased their target price on shares of Toronto-Dominion Bank from C$109.00 to C$113.00 and gave the company a "buy" rating in a research report on Friday, August 29th. Finally, National Bankshares increased their target price on shares of Toronto-Dominion Bank from C$99.00 to C$100.00 and gave the company a "sector perform" rating in a research report on Friday, August 29th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of C$99.92.

Toronto-Dominion Bank Price Performance

Shares of Toronto-Dominion Bank stock traded up C$0.18 during trading on Monday, hitting C$103.51. 977,731 shares of the stock were exchanged, compared to its average volume of 7,473,942. The stock has a market cap of C$181.33 billion, a price-to-earnings ratio of 8.86, a price-to-earnings-growth ratio of 1.22 and a beta of 0.86. The firm's 50-day moving average price is C$101.61 and its 200 day moving average price is C$92.86. Toronto-Dominion Bank has a 12-month low of C$73.22 and a 12-month high of C$108.68.

Insider Buying and Selling

In related news, Senior Officer Melanie Burns sold 6,272 shares of the company's stock in a transaction on Friday, June 20th. The shares were sold at an average price of C$97.46, for a total value of C$611,269.12. 0.08% of the stock is currently owned by company insiders.

Toronto-Dominion Bank Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Thursday, July 31st were given a $1.05 dividend. The ex-dividend date was Thursday, July 10th. This represents a $4.20 annualized dividend and a yield of 4.1%. Toronto-Dominion Bank's dividend payout ratio is 35.70%.

About Toronto-Dominion Bank

Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank's U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.