NYSE:TDToronto-Dominion Bank Stock Price, Forecast & News

Toronto-Dominion Bank's stock was trading at $42.12 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TD stock has increased by 6.0% and is now trading at $44.64. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last year. There are currently 1 sell rating, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Toronto-Dominion Bank.

Toronto-Dominion Bank is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Toronto-Dominion Bank.

Toronto-Dominion Bank (NYSE:TD) announced its earnings results on Thursday, May, 28th. The bank reported $0.85 EPS for the quarter, beating the Zacks' consensus estimate of $0.60 by $0.25. The bank had revenue of $10.53 billion for the quarter, compared to analyst estimates of $9.82 billion. Toronto-Dominion Bank had a net margin of 18.30% and a return on equity of 13.24%. Toronto-Dominion Bank's revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.75 EPS. View Toronto-Dominion Bank's earnings history.

Toronto-Dominion Bank declared a quarterly dividend on Thursday, May 28th. Stockholders of record on Friday, July 10th will be given a dividend of $0.567 per share on Friday, July 31st. This represents a $2.27 dividend on an annualized basis and a dividend yield of 5.08%. The ex-dividend date of this dividend is Thursday, July 9th. View Toronto-Dominion Bank's dividend history.

13 analysts have issued twelve-month price targets for Toronto-Dominion Bank's stock. Their forecasts range from $58.00 to $84.00. On average, they expect Toronto-Dominion Bank's stock price to reach $73.42 in the next twelve months. This suggests a possible upside of 64.5% from the stock's current price. View analysts' price targets for Toronto-Dominion Bank.

Media headlines about TD stock have been trending very negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Toronto-Dominion Bank earned a news impact score of -3.2 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Toronto-Dominion Bank.

Toronto-Dominion Bank saw a drop in short interest in June. As of June 15th, there was short interest totaling 7,570,000 shares, a drop of 7.7% from the May 31st total of 8,200,000 shares. Based on an average daily volume of 2,980,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 0.4% of the company's stock are short sold. 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), BNP PARIBAS/S (BNPQY), Mitsubishi UFJ Financial Group (MUFG), Westpac Banking (WBK), Banco Santander (SAN), Sumitomo Mitsui Financial Grp (SMFG), ANZ (ANZBY), Bank of Montreal (BMO), HANG SENG BK LT/S (HSNGY), ICICI Bank (IBN), Boc Hong Kong (BHKLY), Canadian Imperial Bank of Commerce (CM), NORDEA Bk AB SW/S (NRDBY) and CR AGRICOLE S A/ADR (CRARY). View all 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), Rogers Communications (RCI), Wheaton Precious Metals (WPM) and Royal Bank of Canada (RY).

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 institutional and retail investors. Top institutional shareholders include Addenda Capital Inc. (0.11%), Cardinal Capital Management Inc. (0.10%), Nexus Investment Management ULC (0.04%), LVM Capital Management Ltd. MI (0.01%), Envestnet Asset Management Inc. (0.00%) and M&R Capital Management Inc. (0.00%).

TD stock was sold by a variety of institutional investors in the last quarter, including Cox Capital Mgt LLC, LVM Capital Management Ltd. MI, Nexus Investment Management ULC, TRUE Private Wealth Advisors, M&R Capital Management Inc., Aries Wealth Management, Johanson Financial Advisors Inc., and Envestnet Asset Management Inc..

TD stock was acquired by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Cardinal Capital Management Inc., Watchman Group Inc., Old Port Advisors, and Global Retirement Partners LLC.

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 $44.64.

Toronto-Dominion Bank has a market capitalization of $80.46 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.

The official website for Toronto-Dominion Bank is 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]