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

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

Toronto-Dominion Bank declared a quarterly dividend on Thursday, February 27th. Shareholders of record on Thursday, April 9th will be given a dividend of $0.597 per share on Thursday, April 30th. This represents a $2.39 annualized dividend and a yield of 4.63%. The ex-dividend date of this dividend is Wednesday, April 8th. This is a positive change from Toronto-Dominion Bank's previous quarterly dividend of $0.56. View Toronto-Dominion Bank's Dividend History.

Toronto-Dominion Bank (NYSE:TD) released its quarterly earnings results on Thursday, February, 27th. The bank reported $1.66 EPS for the quarter, beating the Zacks' consensus estimate of $1.25 by $0.41. The bank had revenue of $10.61 billion for the quarter, compared to analysts' expectations of $10.15 billion. Toronto-Dominion Bank had a net margin of 19.76% and a return on equity of 15.69%. The business's quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.57 earnings per share. View Toronto-Dominion Bank's Earnings History.

Toronto-Dominion Bank is scheduled to release their next quarterly earnings announcement on Thursday, May 28th 2020. View Earnings Estimates for Toronto-Dominion Bank.

11 equities research analysts have issued 1 year target prices for Toronto-Dominion Bank's stock. Their forecasts range from $74.00 to $84.00. On average, they expect Toronto-Dominion Bank's stock price to reach $79.64 in the next twelve months. This suggests a possible upside of 54.3% from the stock's current price. View Analyst Price Targets for Toronto-Dominion Bank.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Toronto-Dominion Bank.

Media coverage about TD stock has been trending extremely negative this week, according to InfoTrie. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Toronto-Dominion Bank earned a news sentiment score of -4.6 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Toronto-Dominion Bank.

Toronto-Dominion Bank saw a decline in short interest in the month of February. As of February 14th, there was short interest totalling 5,680,000 shares, a decline of 12.3% from the January 30th total of 6,480,000 shares. Based on an average daily volume of 1,040,000 shares, the days-to-cover ratio is presently 5.5 days. Currently, 0.3% of the company's stock are sold short. View Toronto-Dominion Bank's Current Options Chain.

Some companies that are related to Toronto-Dominion Bank include Royal Bank of Canada (RY), HDFC Bank (HDB), Mitsubishi UFJ Financial Group (MUFG), BNP PARIBAS/S (BNPQY), Banco Santander (SAN), Westpac Banking (WBK), ANZ (ANZBY), Bank of Montreal (BMO), Sumitomo Mitsui Financial Grp (SMFG), Lloyds Banking Group (LYG), ICICI Bank (IBN), HANG SENG BK LT/S (HSNGY), CR AGRICOLE S A/ADR (CRARY), ING Groep (ING) and Boc Hong Kong (BHKLY).

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), Rogers Communications (RCI), AT&T (T), Wheaton Precious Metals (WPM) and Verizon Communications (VZ).

Toronto-Dominion Bank's stock is owned by many different of institutional and retail investors. Top institutional investors include TD Asset Management Inc. (2.14%), FIL Ltd (1.79%), Beutel Goodman & Co Ltd. (1.31%), Jarislowsky Fraser Ltd (1.20%), 1832 Asset Management L.P. (1.05%) and Great West Life Assurance Co. Can (0.92%).

TD stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Connor Clark & Lunn Investment Management Ltd., Russell Investments Group Ltd., Alberta Investment Management Corp, Guardian Capital LP, Renaissance Technologies LLC, Bank of New York Mellon Corp and Toronto Dominion Bank.

TD stock was purchased by a variety of institutional investors in the last quarter, including Capital Research Global Investors, FIL Ltd, Goldman Sachs Group Inc., M&G Investment Management Ltd., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Value Partner Investments Inc., Capital World Investors and Johanson Financial Advisors Inc..

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

One share of TD stock can currently be purchased for approximately $51.61.

Toronto-Dominion Bank has a market capitalization of $93.58 billion and generates $44.50 billion in revenue each year. The bank earns $8.78 billion in net income (profit) each year or $5.03 on an earnings per share basis. Toronto-Dominion Bank employs 89,031 workers across the globe.View Additional Information About Toronto-Dominion Bank.

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

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]