Toronto-Dominion Bank - TD Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TD shares. 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 TD analyst ratings or view top-rated stocks.

11 Wall Street analysts have issued 1-year price objectives for Toronto-Dominion Bank's stock. Their TD share price forecasts range from $89.00 to $113.00. On average, they anticipate the company's share price to reach $100.16 in the next twelve months. This suggests a possible upside of 46.4% from the stock's current price.
View analysts price targets for TD or view top-rated stocks among Wall Street analysts.

Toronto-Dominion Bank's stock was trading at $76.68 on January 1st, 2022. Since then, TD shares have decreased by 10.8% and is now trading at $68.40.
View the best growth stocks for 2022 here.

Toronto-Dominion Bank saw a drop in short interest in July. As of July 31st, there was short interest totaling 12,320,000 shares, a drop of 72.8% from the July 15th total of 45,330,000 shares. Based on an average daily trading volume, of 2,250,000 shares, the days-to-cover ratio is currently 5.5 days. Currently, 0.7% of the shares of the company are sold short.
View Toronto-Dominion Bank's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our TD earnings forecast.

Toronto-Dominion Bank will be holding an earnings conference call on Thursday, August 25th at 1:30 PM Eastern. Interested parties can register for or listen to the call using this link.

The Toronto-Dominion Bank (NYSE:TD) released its quarterly earnings data on Thursday, May, 26th. The bank reported $1.60 earnings per share for the quarter, beating analysts' consensus estimates of $1.47 by $0.13. The bank had revenue of $11.26 billion for the quarter, compared to analysts' expectations of $10.18 billion. Toronto-Dominion Bank had a net margin of 24.49% and a trailing twelve-month return on equity of 15.98%. The business's revenue was up 10.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.62 earnings per share.

Toronto-Dominion Bank announced a quarterly dividend on Thursday, May 26th. Shareholders of record on Friday, July 8th will be given a dividend of $0.692 per share on Sunday, July 31st. This represents a $2.77 annualized dividend and a dividend yield of 4.05%. The ex-dividend date is Thursday, July 7th.
Read our dividend analysis for TD.

Toronto-Dominion Bank (NYSE:TD) pays an annual dividend of $2.77 per share and currently has a dividend yield of 4.02%. TD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 43.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TD will have a dividend payout ratio of 39.91% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TD.

2,459 employees have rated Toronto-Dominion Bank Chief Executive Officer Bharat Masrani on Glassdoor.com. Bharat Masrani has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other 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).

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

Toronto-Dominion Bank's stock is owned by a number of retail and institutional investors. Top institutional investors include TD Asset Management Inc. (2.01%), Mackenzie Financial Corp (1.60%), FMR LLC (1.37%), Connor Clark & Lunn Investment Management Ltd. (0.76%), JPMorgan Chase & Co. (0.58%) and Scotia Capital Inc. (0.54%).

Shares of TD stock 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.
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One share of TD stock can currently be purchased for approximately $68.40.

Toronto-Dominion Bank (NYSE:TD) has a market capitalization of $123.58 billion and generates $38.29 billion in revenue each year. The bank earns $11.37 billion in net income (profit) each year or $6.42 on an earnings per share basis.

The company employs 89,464 workers across the globe.

Toronto-Dominion Bank was founded in 1855.

Toronto-Dominion Bank's mailing address is Toronto-Dominion Centre, TORONTO A6, M5K 1A2. The official website for the company is www.td.com. The bank can be reached via phone at (416) 308-6963, via email at tdir@td.com, or via fax at 416-982-6166.