The Toronto-Dominion Bank Stock Forecast, Price & News

$71.59
-0.19 (-0.26 %)
(As of 06/14/2021 12:00 AM ET)
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Today's Range
$71.34
$71.85
50-Day Range
$64.96
$73.33
52-Week Range
$42.90
$73.85
Volume2.08 million shs
Average Volume1.78 million shs
Market Capitalization$130.32 billion
P/E Ratio12.01
Dividend Yield2.51%
Beta1.05
30 days | 90 days | 365 days | Advanced Chart
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The Toronto-Dominion Bank logo

About The Toronto-Dominion Bank

The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and services in Canada and the United States. It operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. The company offers personal deposits, such as chequing, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases through auto dealer network. It also provides credit cards; real estate secured lending; auto finance; consumer lending; point-of-sale payment solutions for large and small businesses; wealth and asset management products, private banking, investment advisory, and trust services to retail and institutional clients; and property and casualty insurance, as well as life and health insurance products. The company also provides capital markets, and corporate and investment banking services, including underwriting and distribution of new debt and equity issues; advice on strategic acquisitions and divestitures; and trading, funding, and investment services to companies, governments, and institutions. It offers its products and services under the TD Bank and America's Most Convenient Bank brand names. The company operates through a network of 1,085 branches, 3,440 automated teller machines, and 1,223 stores, as well as offers telephone, digital, and mobile banking services. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada.

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MarketRank

Overall MarketRank

2.05 out of 5 stars

Finance Sector

149th out of 1,976 stocks

Commercial Banks, Not Elsewhere Classified Industry

2nd out of 73 stocks

Analyst Opinion: 3.0Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -
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The Toronto-Dominion Bank (NYSE:TD) Frequently Asked Questions

Is The Toronto-Dominion Bank a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Toronto-Dominion Bank in the last year. There are currently 3 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" The Toronto-Dominion Bank stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TD, but not buy additional shares or sell existing shares.
View analyst ratings for The Toronto-Dominion Bank
or view top-rated stocks.

What stocks does MarketBeat like better than The Toronto-Dominion Bank?

Wall Street analysts have given The Toronto-Dominion Bank a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Toronto-Dominion Bank wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is The Toronto-Dominion Bank's next earnings date?

The Toronto-Dominion Bank is scheduled to release its next quarterly earnings announcement on Thursday, August 26th 2021.
View our earnings forecast for The Toronto-Dominion Bank
.

How were The Toronto-Dominion Bank's earnings last quarter?

The Toronto-Dominion Bank (NYSE:TD) issued its quarterly earnings results on Wednesday, May, 26th. The bank reported $2.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.39 by $0.65. The bank earned $10.23 billion during the quarter, compared to analyst estimates of $9.80 billion. The Toronto-Dominion Bank had a trailing twelve-month return on equity of 14.12% and a net margin of 29.12%. The firm's quarterly revenue was down 2.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.85 EPS.
View The Toronto-Dominion Bank's earnings history
.

How has The Toronto-Dominion Bank's stock been impacted by COVID-19 (Coronavirus)?

The Toronto-Dominion Bank's stock was trading at $42.12 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TD stock has increased by 70.0% and is now trading at $71.59.
View which stocks have been most impacted by COVID-19
.

How often does The Toronto-Dominion Bank pay dividends? What is the dividend yield for The Toronto-Dominion Bank?

The Toronto-Dominion Bank announced a quarterly dividend on Friday, May 28th. Investors of record on Friday, July 9th will be paid a dividend of $0.6521 per share on Saturday, July 31st. This represents a $2.61 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date of this dividend is Thursday, July 8th. This is an increase from The Toronto-Dominion Bank's previous quarterly dividend of $0.63.
View The Toronto-Dominion Bank's dividend history
.

Is The Toronto-Dominion Bank a good dividend stock?

The Toronto-Dominion Bank pays an annual dividend of $1.80 per share and currently has a dividend yield of 2.51%. The Toronto-Dominion Bank does not yet have a strong track record of dividend growth. The dividend payout ratio of The Toronto-Dominion Bank is 45.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Toronto-Dominion Bank will have a dividend payout ratio of 28.94% next year. This indicates that The Toronto-Dominion Bank will be able to sustain or increase its dividend.
View The Toronto-Dominion Bank's dividend history.

What price target have analysts set for TD?

10 brokers have issued twelve-month target prices for The Toronto-Dominion Bank's stock. Their forecasts range from $59.00 to $97.00. On average, they anticipate The Toronto-Dominion Bank's share price to reach $84.25 in the next twelve months. This suggests a possible upside of 17.7% from the stock's current price.
View analysts' price targets for The Toronto-Dominion Bank
or view top-rated stocks among Wall Street analysts.

Who are The Toronto-Dominion Bank's key executives?

The Toronto-Dominion Bank's management team includes the following people:
  • Mr. Bharat B. Masrani, Group Pres, CEO & Director (Age 64, Pay $2.75M)
  • Mr. Riaz E. Ahmed, Group Head & CFO
  • Mr. Robert E. Dorrance, Group Head of Wholesale Banking
  • Ms. Theresa L. Currie, Group Head of Canadian Personal Banking (LinkedIn Profile)
  • Mr. Gregory B. Braca, Group Head of U.S. Retail Banking (LinkedIn Profile)
  • Valerie Gillis, Chief Accountant & Sr. VP of Fin.
  • Mr. Michael G. Rhodes, Group Head of Innovation, Technology & Shared Services (Age 55) (LinkedIn Profile)
  • Mr. Jeffrey J. Henderson, Chief Information Officer & Exec. VP
  • Ms. Gillian Manning, VP & Head of IR
  • Ms. Norie C. Campbell, Group Head & Gen. Counsel (LinkedIn Profile)

What is Bharat Masrani's approval rating as The Toronto-Dominion Bank's CEO?

2,459 employees have rated The Toronto-Dominion Bank CEO Bharat Masrani on Glassdoor.com. Bharat Masrani has an approval rating of 86% among The Toronto-Dominion Bank's employees.

Who are some of The Toronto-Dominion Bank's key competitors?

What other stocks do shareholders of The Toronto-Dominion Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Toronto-Dominion Bank investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), AT&T (T), Pfizer (PFE), Royal Bank of Canada (RY) and Rogers Communications (RCI).

What is The Toronto-Dominion Bank's stock symbol?

The Toronto-Dominion Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "TD."

Who are The Toronto-Dominion Bank's major shareholders?

The Toronto-Dominion Bank's stock is owned by many different retail and institutional investors. Top institutional shareholders include TD Asset Management Inc. (2.15%), FIL Ltd (1.92%), Bank of Nova Scotia (1.49%), CIBC Asset Management Inc (1.16%), The Manufacturers Life Insurance Company (0.92%) and Caisse DE Depot ET Placement DU Quebec (0.69%).

Which institutional investors are selling The Toronto-Dominion Bank stock?

TD stock was sold by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Toronto Dominion Bank, Caisse DE Depot ET Placement DU Quebec, Healthcare of Ontario Pension Plan Trust Fund, The Manufacturers Life Insurance Company, Letko Brosseau & Associates Inc., and APG Asset Management N.V..

Which institutional investors are buying The Toronto-Dominion Bank stock?

TD stock was purchased by a variety of institutional investors in the last quarter, including Mufg Securities Canada LTD., Massachusetts Financial Services Co. MA, Morgan Stanley, Russell Investments Group Ltd., Alberta Investment Management Corp, Bank of Nova Scotia, Canada Pension Plan Investment Board, and BlackRock Inc..

How do I buy shares of The Toronto-Dominion Bank?

Shares of TD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is The Toronto-Dominion Bank's stock price today?

One share of TD stock can currently be purchased for approximately $71.59.

How much money does The Toronto-Dominion Bank make?

The Toronto-Dominion Bank has a market capitalization of $130.32 billion and generates $39.92 billion in revenue each year. The bank earns $8.85 billion in net income (profit) each year or $3.99 on an earnings per share basis.

How many employees does The Toronto-Dominion Bank have?

The Toronto-Dominion Bank employs 89,598 workers across the globe.

Does The Toronto-Dominion Bank have any subsidiaries?

The following companies are subsidiares of The Toronto-Dominion Bank: Epoch Investment Partners Inc., Greystone Managed Investments, Layer 6 AI, Meloche Monnex Inc., Primmum Insurance Company, Scottrade Bank, Security National Insurance Company, TD Ameritrade, TD Asset Administration UK Limited, TD Asset Management Inc., TD Auto Finance (Canada) Inc., TD Auto Finance LLC, TD Auto Finance Services Inc., TD Bank Europe Limited, TD Bank International S.A., TD Bank N.V., TD Bank National Association, TD Bank US Holding Company, TD Bank USA National Association, TD Direct Insurance Inc., TD Direct Investing (Europe) Limited, TD Equipment Finance Inc., TD Financial International Ltd., TD Financing Services Home Inc., TD Financing Services Inc., TD General Insurance Company, TD Global Finance, TD Global Finance Unlimited Company, TD Group US Holdings LLC, TD Home and Auto Insurance Company, TD Investment Services Inc., TD Ireland, TD Ireland Unlimited Company, TD Life Insurance Company, TD Luxembourg International Holdings, TD Mortgage Corporation, TD Pacific Mortgage Corporation, TD Private Client Wealth LLC, TD Reinsurance (Barbados) Inc., TD Securities (Japan) Co. Ltd., TD Securities (USA) LLC, TD Securities Inc., TD Securities Limited, TD Vermillion Holdings ULC, TD Waterhouse Canada Inc., TD Waterhouse Private Investment Counsel Inc., TD Wealth Holdings (UK) Limited, TD Wealth Management Services Inc., TDAM USA Inc., The Canada Trust Company, Thirdco II Limited, Toronto Dominion (New York) LLC, Toronto Dominion (South East Asia) Limited, Toronto Dominion (Texas) LLC, Toronto Dominion Australia Limited, Toronto Dominion Capital (U.S.A.) Inc., Toronto Dominion Holdings (U.K.) Limited, Toronto Dominion Holdings (U.S.A.) Inc., Toronto Dominion International Inc., and Toronto Dominion Investments B.V..

When was The Toronto-Dominion Bank founded?

The Toronto-Dominion Bank was founded in 1855.

What is The Toronto-Dominion Bank's official website?

The official website for The Toronto-Dominion Bank is www.td.com.

Where are The Toronto-Dominion Bank's headquarters?

The Toronto-Dominion Bank is headquartered at Toronto-Dominion Centre, TORONTO A6, M5K 1A2.

How can I contact The Toronto-Dominion Bank?

The Toronto-Dominion Bank's mailing address is Toronto-Dominion Centre, TORONTO A6, M5K 1A2. The bank can be reached via phone at 416-308-6963 or via email at [email protected]


This page was last updated on 6/14/2021 by MarketBeat.com Staff
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