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 Friday, December 6th. Shareholders of record on Friday, January 10th will be paid a dividend of $0.5605 per share on Friday, January 31st. This represents a $2.24 annualized dividend and a yield of 3.97%. The ex-dividend date of this dividend is Thursday, January 9th. This is a positive change from Toronto-Dominion Bank's previous quarterly dividend of $0.55. View Toronto-Dominion Bank's Dividend History.

Toronto-Dominion Bank (NYSE:TD) released its quarterly earnings results on Thursday, December, 5th. The bank reported $1.59 earnings per share for the quarter, topping analysts' consensus estimates of $1.31 by $0.28. The bank had revenue of $10.34 billion for the quarter, compared to analyst estimates of $10.08 billion. Toronto-Dominion Bank had a net margin of 19.76% and a return on equity of 15.69%. The firm's revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.63 earnings per share. View Toronto-Dominion Bank's Earnings History.

Toronto-Dominion Bank is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Toronto-Dominion Bank.

11 brokers have issued 12 month target prices for Toronto-Dominion Bank's stock. Their forecasts range from $74.00 to $84.00. On average, they anticipate Toronto-Dominion Bank's share price to reach $79.36 in the next twelve months. This suggests a possible upside of 40.6% 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.

Headlines about TD stock have been trending extremely negative on Sunday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Toronto-Dominion Bank earned a news sentiment score of -4.5 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Toronto-Dominion Bank.

Toronto-Dominion Bank saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 5,000,000 shares, an increase of 14.2% from the December 15th total of 4,380,000 shares. Based on an average daily trading volume, of 1,000,000 shares, the days-to-cover ratio is currently 5.0 days. Approximately 0.3% of the company's shares 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), Mitsubishi UFJ Financial Group (MUFG), BNP PARIBAS/S (BNPQY), Banco Santander (SAN), Westpac Banking (WBK), Lloyds Banking Group (LYG), Bank of Montreal (BMO), ANZ (ANZBY), Sumitomo Mitsui Financial Grp (SMFG), ICICI Bank (IBN), ING Groep (ING), HANG SENG BK LT/S (HSNGY), Banco Santander Brasil (BSBR) and CR AGRICOLE S A/ADR (CRARY).

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 Cardinal Capital Management Inc. (0.09%), Nexus Investment Management Inc. (0.04%), Johanson Financial Advisors Inc. (0.03%), Heathbridge Capital Management Ltd. (0.02%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%) and Welch & Forbes LLC (0.02%).

TD stock was sold by a variety of institutional investors in the last quarter, including Mckinley Capital Management LLC Delaware, Assenagon Asset Management S.A., Welch & Forbes LLC, JCIC Asset Management Inc., Archford Capital Strategies LLC, Hennessy Advisors Inc., Tocqueville Asset Management L.P. and Premier Asset Management LLC.

TD stock was acquired by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Cardinal Capital Management Inc., Advisors Capital Management LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Cerebellum GP LLC, Nexus Investment Management Inc., Altium Wealth Management LLC and Zurcher Kantonalbank Zurich Cantonalbank.

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 $56.46.

Toronto-Dominion Bank has a market capitalization of $102.71 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]