Q4 EPS Estimate for Toronto-Dominion Bank Lifted by Analyst

Key Points

• National Bank Financial raised its Q4 2025 EPS estimate for Toronto-Dominion Bank from $1.94 to $1.96, while the consensus estimate for the full year is $7.22 per share.
• Desjardins upgraded the stock from a "hold" to a "buy" rating with a price target increase from C$97.00 to C$107.00, reflecting growing analyst confidence.
• Toronto-Dominion Bank recently announced a quarterly dividend of $1.05, translating to an annualized dividend of $4.20 and a dividend yield of 4.1%.

The Toronto-Dominion Bank (TSE:TD - Free Report) NYSE: TD - Stock analysts at National Bank Financial upped their Q4 2025 earnings per share estimates for Toronto-Dominion Bank in a report released on Thursday, August 14th. National Bank Financial analyst G. Dechaine now forecasts that the company will post earnings of $1.96 per share for the quarter, up from their prior estimate of $1.94. 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 FY2026 earnings at $8.58 EPS.

TD has been the subject of a number of other reports. Scotiabank upgraded Toronto-Dominion Bank to a "hold" rating in a report on Wednesday, May 14th. Canaccord Genuity Group set a C$101.00 target price on Toronto-Dominion Bank and gave the company a "buy" rating in a report on Tuesday, June 24th. Jefferies Financial Group lifted their target price on Toronto-Dominion Bank from C$103.00 to C$117.00 in a report on Wednesday, August 13th. National Bankshares lifted their target price on Toronto-Dominion Bank from C$98.00 to C$99.00 and gave the company a "sector perform" rating in a report on Friday, August 15th. Finally, Barclays lifted their target price on Toronto-Dominion Bank from C$91.00 to C$95.00 and gave the company an "underweight" rating in a report on Thursday, August 14th. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of C$96.08.

Toronto-Dominion Bank Trading Up 0.2%

TSE:TD traded up C$0.20 during midday trading on Monday, reaching C$102.65. The company had a trading volume of 467,616 shares, compared to its average volume of 7,517,335. The firm has a market capitalization of C$180.09 billion, a price-to-earnings ratio of 20.34, a PEG ratio of 1.22 and a beta of 0.82. The stock's fifty day simple moving average is C$100.62 and its 200-day simple moving average is C$91.70. Toronto-Dominion Bank has a 12-month low of C$73.22 and a 12-month high of C$103.11.

Toronto-Dominion Bank Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Thursday, July 31st were issued a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, July 10th. Toronto-Dominion Bank's payout ratio is 80.84%.

Insider Activity at Toronto-Dominion Bank

In other Toronto-Dominion Bank news, Senior Officer Paul Martyn Clark sold 16,936 shares of Toronto-Dominion Bank stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of C$94.87, for a total transaction of C$1,606,718.32. Following the completion of the sale, the insider directly owned 260 shares of the company's stock, valued at C$24,666.20. The trade was a 98.49% decrease in their position. Also, Senior Officer Kelvin Vi Luan Tran sold 9,612 shares of the business's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of C$94.98, for a total value of C$912,947.76. Insiders sold 81,612 shares of company stock worth $7,748,610 over the last three months. Company insiders own 0.08% of the company's stock.

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.