Toronto-Dominion Bank (the Bank) is a Canada-based bank, which operates in the North America. It is an online financial services firm, with over 10.2 million online and mobile customers. Its segments include Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. The Canadian Retail segment provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses. The U.S. Retail segment consists of its retail and commercial banking operations operating under the brand TD Bank, and wealth management services in the United States. The Wholesale Banking segment provides a range of capital markets, investment banking, and corporate banking products and services, including underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, funding and investment needs of its clients. The Corporate segment provides centralized advice and counsel to its businesses.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks
- Sub-Industry: N/A
- Symbol: NYSE:TD
- CUSIP: N/A
- Web: www.td.com
- Market Cap: $103.63 billion
- Outstanding Shares: 1,848,599,000
- 50 Day Moving Avg: $52.35
- 200 Day Moving Avg: $49.95
- 52 Week Range: $43.31 - $56.35
Sales & Book Value:
- Trailing P/E Ratio: 12.91
- Foreward P/E Ratio: 11.80
- P/E Growth: 2.11
- Annual Revenue: $27.51 billion
- Price / Sales: 3.77
- Book Value: $29.88 per share
- Price / Book: 1.88
- Annual Dividend: $1.85
- Dividend Yield: 3.4%
- Net Margins: 22.85%
- Return on Equity: 14.71%
- Return on Assets: 0.85%
- Debt-to-Equity Ratio: 0.14%
- Current Ratio: 0.96%
- Quick Ratio: 0.96%
- Average Volume: 1.34 million shs.
- Beta: 0.88
- Short Ratio: 5.77
Frequently Asked Questions for Toronto Dominion Bank (The) (NYSE:TD)
What is Toronto Dominion Bank (The)'s stock symbol?
Toronto Dominion Bank (The) trades on the New York Stock Exchange (NYSE) under the ticker symbol "TD."
How often does Toronto Dominion Bank (The) pay dividends? What is the dividend yield for Toronto Dominion Bank (The)?
Toronto Dominion Bank (The) announced a quarterly dividend on Thursday, August 31st. Shareholders of record on Friday, October 6th will be paid a dividend of $0.475 per share on Tuesday, October 31st. This represents a $1.90 annualized dividend and a yield of 3.39%. The ex-dividend date is Thursday, October 5th. This is a positive change from Toronto Dominion Bank (The)'s previous quarterly dividend of $0.44. View Toronto Dominion Bank (The)'s Dividend History.
How will Toronto Dominion Bank (The)'s stock buyback program work?
Toronto Dominion Bank (The) declared that its Board of Directors has authorized a stock buyback program on Friday, September 1st 2017, which authorizes the company to repurchase 20,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's board believes its stock is undervalued.
How were Toronto Dominion Bank (The)'s earnings last quarter?
Toronto Dominion Bank (The) (NYSE:TD) announced its quarterly earnings results on Thursday, August, 31st. The company reported $1.14 EPS for the quarter, beating the Zacks' consensus estimate of $1.08 by $0.06. The firm earned $9.29 billion during the quarter, compared to analyst estimates of $9.05 billion. Toronto Dominion Bank (The) had a net margin of 22.85% and a return on equity of 14.71%. Toronto Dominion Bank (The)'s revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.27 EPS. View Toronto Dominion Bank (The)'s Earnings History.
When will Toronto Dominion Bank (The) make its next earnings announcement?
Where is Toronto Dominion Bank (The)'s stock going? Where will Toronto Dominion Bank (The)'s stock price be in 2017?
8 analysts have issued twelve-month price objectives for Toronto Dominion Bank (The)'s shares. Their predictions range from $60.00 to $72.00. On average, they expect Toronto Dominion Bank (The)'s share price to reach $67.33 in the next twelve months. View Analyst Ratings for Toronto Dominion Bank (The).
Who are some of Toronto Dominion Bank (The)'s key competitors?
Some companies that are related to Toronto Dominion Bank (The) include Citigroup (C), Royal Bank Of Canada (RY), Banco Santander, S.A. (SAN), Itau Unibanco Banco Holding SA (ITUB), U.S. Bancorp (USB), Mitsubishi UFJ Financial Group (MTU), Westpac Banking Corporation (WBK), HDFC Bank Limited (HDB), Bank of Nova Scotia (The) (BNS), Banco Bradesco SA (BBD), ING Group, N.V. (ING), Lloyds Banking Group PLC (LYG), PNC Financial Services Group, Inc. (The) (PNC), Banco Bilbao Vizcaya Argentaria SA (BBVA), Sumitomo Mitsui Financial Group (SMFG), Bank Of Montreal (BMO), Mizuho Financial Group (MFG) and Barclays PLC (BCS).
Who are Toronto Dominion Bank (The)'s key executives?
Toronto Dominion Bank (The)'s management team includes the folowing people:
- Bharat B. Masrani, Group President, Chief Executive Officer, Non-Independent Director
- Riaz Ahmed, Group Head and Chief Financial Officer
- Robert E. Dorrance, Group Head - Wholesale Banking of TD Bank and Group Chairman, President, CEO of TD Securities
- Frank J. McKenna QC, Deputy Chair, TD Bank Group
- Sue Anne Cummings, Executive Vice President - Human Resources
- Gregory B Braca, Executive Vice President, TD Bank Group and President and CEO, TD Bank, America's Most Convenient Bank
- Paul C. Douglas, Executive Vice President - Canadian Business Banking, TD Bank Group
- Kenneth W. Lalonde, Executive Vice President, TD Bank Group and President and Chief Executive Officer - TD Insurance
- Leovigildo Salom, Executive Vice President - Wealth Management, TD Bank Group
- Mark R. Chauvin, Group Head and Chief Risk Officer
Who owns Toronto Dominion Bank (The) stock?
Toronto Dominion Bank (The)'s stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (3.89%), TD Asset Management Inc. (2.87%), FMR LLC (2.65%), Vanguard Group Inc. (2.25%), Beutel Goodman & Co Ltd. (1.39%) and Jarislowsky Fraser Ltd (1.38%). View Institutional Ownership Trends for Toronto Dominion Bank (The).
Who sold Toronto Dominion Bank (The) stock? Who is selling Toronto Dominion Bank (The) stock?
Toronto Dominion Bank (The)'s stock was sold by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, Bank of Montreal Can, FMR LLC, CIBC Asset Management Inc, Capital Research Global Investors, Scotia Capital Inc., Sei Investments Co. and Wells Fargo & Company MN. View Insider Buying and Selling for Toronto Dominion Bank (The).
Who bought Toronto Dominion Bank (The) stock? Who is buying Toronto Dominion Bank (The) stock?
Toronto Dominion Bank (The)'s stock was bought by a variety of institutional investors in the last quarter, including Public Sector Pension investment Board, Canada Pension Plan Investment Board, Arrowstreet Capital Limited Partnership, Vanguard Group Inc., Capital International Investors, APG Asset Management N.V., TD Asset Management Inc. and Highstreet Asset Management Inc.. View Insider Buying and Selling for Toronto Dominion Bank (The).
How do I buy Toronto Dominion Bank (The) stock?
Shares of Toronto Dominion Bank (The) can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Toronto Dominion Bank (The)'s stock price today?
MarketBeat Community Rating for Toronto Dominion Bank (The) (NYSE TD)MarketBeat's community ratings are surveys of what our community members think about Toronto Dominion Bank (The) and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Toronto Dominion Bank (The) stock can currently be purchased for approximately $56.06.
Consensus Ratings for Toronto Dominion Bank (The) (NYSE:TD) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 6 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.75)|
|Consensus Price Target: ||$67.33 (20.11% upside)|
Analysts' Ratings History for Toronto Dominion Bank (The) (NYSE:TD)
(Data available from 9/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/1/2017||Bank of America Corporation||Reiterated Rating||Buy||Medium|
|9/1/2017||National Bank Financial||Upgrade||Sector Perform -> Outperform||High|
|8/31/2017||Canaccord Genuity||Reiterated Rating||Buy||$72.00||Low|
|8/21/2017||Scotiabank||Upgrade||Sector Perform -> Outperform||High|
|5/26/2017||Royal Bank Of Canada||Boost Price Target||Sector Perform||$68.00 -> $70.00||Low|
|5/23/2017||Barclays PLC||Upgrade||Underweight -> Equal Weight||Low|
|11/14/2016||Credit Suisse Group||Initiated Coverage||Outperform||N/A|
|9/21/2016||Dundee Securities||Initiated Coverage||Buy||N/A|
|9/14/2016||Citigroup Inc.||Boost Price Target||Buy||$65.00 -> $67.00||N/A|
|8/29/2016||TD Securities||Reiterated Rating||Buy||$61.00 -> $64.00||N/A|
|8/26/2016||CIBC||Downgrade||Sector Outperform -> Sector Perform||N/A|
|7/6/2016||BMO Capital Markets||Reiterated Rating||Buy||N/A|
|12/4/2015||Macquarie||Boost Price Target||Outperform||$44.00 -> $45.00||N/A|
Earnings History for Toronto Dominion Bank (The) (NYSE:TD)Earnings History by Quarter for Toronto Dominion Bank (The) (NYSE TD)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|12/7/2017|| || || || || || || || |
|8/31/2017||7/31/2017||$1.08||$1.14||$9.05 billion||$9.29 billion||View||N/A|
|5/25/2017||4/30/2017||$0.92||$1.00||$8.72 billion||$8.47 billion||View||N/A|
|3/2/2017||1/31/2017||$0.96||$0.99||$8.47 billion||$9.12 billion||View||Listen|
|8/25/2016||Q316||$1.21||$1.27||$5.97 billion||$6.67 billion||View||Listen|
|5/26/2016||Q216||$1.17||$1.20||$5.52 billion||$6.23 billion||View||N/A|
|2/25/2016||Q116||$1.19||$1.18||$7.84 billion||$8.56 billion||View||N/A|
|12/3/2015||Q415||$1.13||$1.14||$5.58 billion||$6.12 billion||View||N/A|
|8/27/2015||Q315||$1.17||$1.20||$5.75 billion||$6.51 billion||View||Listen|
|5/28/2015||Q215||$1.11||$0.89||$7.23 billion||$7.76 billion||View||Listen|
|2/26/2015||Q115||$0.94||$0.90||$6.21 billion||$6.11 billion||View||N/A|
|12/4/2014||Q414||$1.06||$0.98||$7.55 billion||$7.45 billion||View||N/A|
|8/28/2014||Q314||$1.00||$1.06||$7.50 billion||$7.51 billion||View||N/A|
|5/22/2014||Q214||$1.02||$1.09||$6.80 billion||$7.44 billion||View||N/A|
|2/27/2014||Q114||$1.05||$1.06||$6.75 billion||$7.57 billion||View||N/A|
|5/23/2013||Q213||$1.90||$1.90||$6.07 billion||$6.00 billion||View||N/A|
|2/28/2013||Q113||$1.96||$2.00||$6.05 billion||$5.97 billion||View||N/A|
Earnings Estimates for Toronto Dominion Bank (The) (NYSE:TD)
2017 EPS Consensus Estimate: $3.86
2018 EPS Consensus Estimate: $4.66
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Toronto Dominion Bank (The) (NYSE:TD)
|Dividend Growth:||1.00% (3 Year Average)|
|Payout Ratio:||46.37% (Trailing 12 Months of Earnings) |
41.11% (Based on This Year's Estimates)
38.95% (Based on Next Year's Estimates)
Dividend History by Quarter for Toronto Dominion Bank (The) (NYSE TD)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Toronto Dominion Bank (The) (NYSE:TD)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Toronto Dominion Bank (The) (NYSE:TD)
Latest Headlines for Toronto Dominion Bank (The) (NYSE:TD)
Toronto Dominion Bank (The) (TD) Chart for Sunday, September, 24, 2017