Toronto-Dominion Bank 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" 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 Toronto-Dominion Bank or view top-rated stocks.

11 brokerages have issued twelve-month price objectives for Toronto-Dominion Bank's shares. Their TD stock forecasts range from $89.00 to $113.00. On average, they predict Toronto-Dominion Bank's share price to reach $100.87 in the next twelve months. This suggests a possible upside of 57.5% from the stock's current price.
View analysts' price targets for Toronto-Dominion Bank or view top-rated stocks among Wall Street analysts.

Toronto-Dominion Bank's stock was trading at $76.68 at the start of the year. Since then, TD stock has decreased by 16.5% and is now trading at $64.03.
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Toronto-Dominion Bank saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 17,970,000 shares, an increase of 31.3% from the May 31st total of 13,690,000 shares. Based on an average daily volume of 2,520,000 shares, the days-to-cover ratio is presently 7.1 days.
View Toronto-Dominion Bank's Short Interest.

Toronto-Dominion Bank is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our earnings forecast for Toronto-Dominion Bank.

The Toronto-Dominion Bank (NYSE:TD) issued its quarterly earnings results on Thursday, May, 26th. The bank reported $2.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.57 by $0.45. The bank had revenue of $11.26 billion for the quarter, compared to analyst estimates 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 for the quarter was up 10.1% on a year-over-year basis. During the same quarter last year, the company posted $1.62 EPS.
View Toronto-Dominion Bank's earnings history.

Toronto-Dominion Bank declared a quarterly dividend on Thursday, May 26th. Investors of record on Friday, July 8th will be paid a dividend of $0.692 per share on Sunday, July 31st. This represents a $2.77 dividend on an annualized basis and a yield of 4.32%. The ex-dividend date is Thursday, July 7th.
View Toronto-Dominion Bank's dividend history.

Toronto-Dominion Bank(NYSE:TD) pays an annual dividend of $2.85 per share and currently has a dividend yield of 4.43%. TD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Toronto-Dominion Bank does not yet have a strong track record of dividend growth. The dividend payout ratio of Toronto-Dominion Bank is 44.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Toronto-Dominion Bank will have a dividend payout ratio of 40.95% next year. This indicates that Toronto-Dominion Bank will be able to sustain or increase its dividend.
View Toronto-Dominion Bank's dividend history.

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

Some companies that are related to Toronto-Dominion Bank include Royal Bank of Canada (RY), HDFC Bank (HDB), Commonwealth Bank of Australia (CMWAY), Mitsubishi UFJ Financial Group (MUFG), ICICI Bank (IBN), Bank of Montreal (BMO), BNP Paribas (BNPQY), Banco Santander (SAN), Canadian Imperial Bank of Commerce (CM), Australia and New Zealand Banking Group (ANZBY), Sumitomo Mitsui Financial Group (SMFG), BOC Hong Kong (BHKLY), ING Groep (ING), Oversea-Chinese Banking (OVCHY) and Lloyds Banking Group (LYG).
View all of TD's competitors.

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 variety of retail and institutional investors. Top institutional shareholders include Nexus Investment Management ULC (0.04%), Rempart Asset Management Inc. (0.02%), Parsec Financial Management Inc. (0.01%), M&R Capital Management Inc. (0.00%) and Vigilant Capital Management LLC (0.00%).

TD stock was sold by a variety of institutional investors in the last quarter, including Nexus Investment Management ULC, M&R Capital Management Inc., and Vigilant Capital Management LLC.

TD stock was purchased by a variety of institutional investors in the last quarter, including Parsec Financial Management Inc., and Rempart Asset Management Inc..

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.
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One share of TD stock can currently be purchased for approximately $64.03.

Toronto-Dominion Bank (NYSE:TD) has a market capitalization of $115.69 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.

Toronto-Dominion Bank 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 Toronto-Dominion Bank 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.