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. Stockholders of record on Friday, January 10th will be given a dividend of $0.5605 per share on Friday, January 31st. This represents a $2.24 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date of this dividend is Thursday, January 9th. This is an increase 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 data on Thursday, December, 5th. The bank reported $1.59 earnings per share for the quarter, beating the Zacks' consensus estimate 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 return on equity of 15.69% and a net margin of 19.76%. The firm's revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.63 EPS. 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 analysts have issued 1-year price targets 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 $79.36 in the next year. This suggests a possible upside of 40.2% 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.

News coverage about TD stock has trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Toronto-Dominion Bank earned a daily sentiment score of -5.0 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the stock's share price in the near term. View News Stories for Toronto-Dominion Bank.

Toronto-Dominion Bank saw a increase in short interest during 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 volume of 1,000,000 shares, the days-to-cover ratio is currently 5.0 days. Approximately 0.3% of the shares of the 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), 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), Barclays (BCS) 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 a number of of retail and institutional 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 purchased 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 $56.63.

Toronto-Dominion Bank has a market capitalization of $103.02 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]