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T   20.48 (+1.49%)
MU   61.93 (-1.07%)
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GE   82.64 (+0.39%)
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PFE   44.03 (+0.14%)
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NYSE:TD

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

$69.03
+0.19 (+0.28%)
(As of 02/2/2023 11:54 AM ET)
Add
Compare
Today's Range
$68.57
▼
$69.38
50-Day Range
$63.25
▼
$69.22
52-Week Range
$57.27
▼
$86.01
Volume
484,635 shs
Average Volume
1.86 million shs
Market Capitalization
$125.77 billion
P/E Ratio
9.43
Dividend Yield
4.09%
Price Target
$101.00

Toronto-Dominion Bank MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
46.0% Upside
$101.00 Price Target
Short Interest
Bearish
2.21% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.73mentions of Toronto-Dominion Bank in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.90%
From $6.67 to $7.13 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.43 out of 5 stars

Finance Sector

316th out of 879 stocks

Commercial Banks, Not Elsewhere Classified Industry

19th out of 31 stocks

See Top Rated MarketRank™ Stocks Here

TD stock logo

About Toronto-Dominion Bank (NYSE:TD) Stock

The Toronto-Dominion Bank engages in the provision of financial products and services. It operates through the following segments: Canadian Retail, U.S. Retail, and Wholesale Banking. The Canadian Retail segment offers various financial products and services, as well as telephone, Internet, and mobile banking services. The U.S. Retail segment provides retail and commercial banking services, as well as wealth management services in the United States. The Wholesale Banking segment provides capital markets, investment banking, corporate banking products, and investment needs to companies, governments, and institutions in financial markets. The company was founded on February 1, 1955 and is headquartered in Toronto, Canada.

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TD Stock News Headlines

January 31, 2023 | finance.yahoo.com
Toronto-Dominion Bank (TD) Could Be a Great Choice
January 31, 2023 | finance.yahoo.com
Economic Growth Slows to 1.6% in Canada as Steep Hikes Bite
February 2, 2023 | Investor Place Media (Ad)
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Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
January 27, 2023 | finance.yahoo.com
Twelve mutual funds and ETFs managed by TD Asset Management Inc. recognized at the Fundata FundGrade A+® Awards
January 26, 2023 | americanbankingnews.com
Toronto-Dominion Bank (NYSE:TD) Shares Gap Up to $67.04
January 25, 2023 | marketwatch.com
Toronto-Dominion Bank stock rises Wednesday, outperforms market
January 25, 2023 | benzinga.com
National Foundation for Credit Counseling Receives New $500,000 Grant From TD Bank
January 17, 2023 | fool.ca
TD Stock: Here’s What’s Coming in 2023
February 2, 2023 | Investing Trends (Ad)
Profit From the Commercial Solar Boom?
Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered.
January 12, 2023 | ca.finance.yahoo.com
Stocks in play: Toronto-Dominion
January 12, 2023 | msn.com
Better Buy: TD Bank or Bank of America?
January 10, 2023 | finance.yahoo.com
'Longer than what it used to:' TD Bank CEO Bharat Masrani on why First Horizon deal isn't completed yet
January 9, 2023 | msn.com
Cofounder of Amplify Latinx steps in to become business group’s new CEO
January 9, 2023 | seekingalpha.com
The Toronto-Dominion Bank (TD) CEO Bharat Masrani presents at Canadian Bank CEO Conference (Transcript)
January 6, 2023 | ca.finance.yahoo.com
The Best-Returning Canadian Bank Stocks in 2022
December 29, 2022 | finance.yahoo.com
2022 in Review: 10 M&A deals that shook up the Greater Philadelphia banking and finance sectors in 2022
December 27, 2022 | seekingalpha.com
Who's Buying High-Yielding Canadian Banks?
December 22, 2022 | finance.yahoo.com
TD Asset Management Inc. Revises TD ETF Distributions for TD Global Technology Leaders Index ETF (TEC) and TD Global Technology Leaders Index ETF - US$ (TEC.U)
December 16, 2022 | msn.com
The Big Banks Predict Just a “Mild” Recession: Is it Safe to Buy Bank Stocks?
December 15, 2022 | marketwatch.com
Toronto-Dominion Bank stock falls Thursday, still outperforms market
December 15, 2022 | msn.com
TD Bank Stock Looks Too Good to Pass Up!
December 15, 2022 | finance.yahoo.com
TD Bank Names Sheryl McQuade to Lead New England Metro
December 13, 2022 | markets.businessinsider.com
Fundamental Research Remains a Buy on Toronto Dominion Bank (TD)
December 5, 2022 | nasdaq.com
Toronto-Dominion (TD) Stock Gains 2.8% as Q4 Earnings Improve
December 1, 2022 | markets.businessinsider.com
Positive Report for Toronto Dominion Bank (TD) from Canaccord Genuity
November 30, 2022 | benzinga.com
Preview: The Toronto-Dominion Bank's Earnings
November 30, 2022 | finance.yahoo.com
TD Bank invests $5 million in Citizens Trust Bank, a minority-owned financial institution serving the Atlanta region for over 100 years
See More Headlines
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TD Company Calendar

Last Earnings
12/01/2022
Ex-Dividend for 1/31 Dividend
1/05/2023
Dividend Payable
1/31/2023
Today
2/02/2023
Next Earnings (Estimated)
3/02/2023
Fiscal Year End
10/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:TD
CUSIP
N/A
CIK
947263
Web
www.td.com
Phone
(416) 308-6963
Fax
416-982-6166
Employees
94,945
Year Founded
1855

Price Target and Rating

Average Stock Price Forecast
$101.00
High Stock Price Forecast
$113.00
Low Stock Price Forecast
$93.00
Forecasted Upside/Downside
+46.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$7.32
Trailing P/E Ratio
9.43
Forward P/E Ratio
10.35
P/E Growth
1.32
Net Income
$13.54 billion
Net Margins
23.48%
Pretax Margin
32.57%
Return on Equity
15.91%
Return on Assets
0.83%

Debt

Debt-to-Equity Ratio
0.11
Current Ratio
0.97
Quick Ratio
0.97

Sales & Book Value

Annual Sales
$48.71 billion
Price / Sales
2.58
Cash Flow
$7.34 per share
Price / Cash Flow
9.41
Book Value
$42.87 per share
Price / Book
1.61

Miscellaneous

Outstanding Shares
1,821,920,000
Free Float
1,820,280,000
Market Cap
$125.77 billion
Optionable
Optionable
Beta
0.90

Social Links


Key Executives

  • Bharat B. MasraniBharat B. Masrani
    Group President, CEO & Non-Independent Director
  • Kelvin Vi Luan TranKelvin Vi Luan Tran
    Chief Financial Officer & Senior Executive VP
  • Greg Keeley
    Senior Executive VP-Technology & Platforms
  • Kenneth W. Lalonde
    Chief Human Resources Officer & Senior EVP
  • Jane A. Langford
    Executive Vice President & General Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Institutional Transactions













TD Stock - Frequently Asked Questions

Should I buy or sell Toronto-Dominion Bank stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TD shares.
View TD analyst ratings or view top-rated stocks.

What is Toronto-Dominion Bank's stock price forecast for 2023?

8 brokers have issued 1-year price objectives for Toronto-Dominion Bank's shares. Their TD share price forecasts range from $93.00 to $113.00. On average, they expect the company's share price to reach $101.00 in the next twelve months. This suggests a possible upside of 46.7% from the stock's current price.
View analysts price targets for TD or view top-rated stocks among Wall Street analysts.

How have TD shares performed in 2023?

Toronto-Dominion Bank's stock was trading at $64.76 at the beginning of the year. Since then, TD shares have increased by 6.3% and is now trading at $68.84.
View the best growth stocks for 2023 here.

Are investors shorting Toronto-Dominion Bank?

Toronto-Dominion Bank saw a increase in short interest in December. As of December 30th, there was short interest totaling 24,560,000 shares, an increase of 36.4% from the December 15th total of 18,010,000 shares. Based on an average daily volume of 1,680,000 shares, the short-interest ratio is presently 14.6 days. Approximately 1.4% of the company's stock are sold short.
View Toronto-Dominion Bank's Short Interest.

When is Toronto-Dominion Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 2nd 2023.
View our TD earnings forecast.

How were Toronto-Dominion Bank's earnings last quarter?

The Toronto-Dominion Bank (NYSE:TD) released its quarterly earnings results on Thursday, December, 1st. The bank reported $1.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.50 by $0.14. The bank had revenue of $11.69 billion for the quarter. Toronto-Dominion Bank had a trailing twelve-month return on equity of 15.91% and a net margin of 23.48%.

How often does Toronto-Dominion Bank pay dividends? What is the dividend yield for Toronto-Dominion Bank?

Toronto-Dominion Bank declared a quarterly dividend on Thursday, December 1st. Stockholders of record on Friday, January 6th will be paid a dividend of $0.7081 per share on Tuesday, January 31st. This represents a $2.83 annualized dividend and a yield of 4.11%. The ex-dividend date is Thursday, January 5th. This is an increase from the stock's previous quarterly dividend of $0.70.
Read our dividend analysis for TD.

Is Toronto-Dominion Bank a good dividend stock?

Toronto-Dominion Bank (NYSE:TD) pays an annual dividend of $2.83 per share and currently has a dividend yield of 4.09%. TD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 38.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TD will have a dividend payout ratio of 39.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TD.

What is Bharat Masrani's approval rating as Toronto-Dominion Bank's CEO?

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

What other stocks do shareholders of Toronto-Dominion Bank own?

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).

What is Toronto-Dominion Bank's stock symbol?

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

Who are Toronto-Dominion Bank's major shareholders?

Toronto-Dominion Bank's stock is owned by a number of institutional and retail investors. Top institutional investors include National Bank of Canada FI (1.47%), Sumitomo Mitsui Trust Holdings Inc. (0.26%), Bank of Montreal Can (0.00%), DekaBank Deutsche Girozentrale (0.15%), Montrusco Bolton Investments Inc. (0.10%) and Addenda Capital Inc. (0.09%).

How do I buy shares of Toronto-Dominion Bank?

Shares of TD stock 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.
Compare Top Brokerages Here.

What is Toronto-Dominion Bank's stock price today?

One share of TD stock can currently be purchased for approximately $68.84.

How much money does Toronto-Dominion Bank make?

Toronto-Dominion Bank (NYSE:TD) has a market capitalization of $125.42 billion and generates $48.71 billion in revenue each year. The bank earns $13.54 billion in net income (profit) each year or $7.32 on an earnings per share basis.

How many employees does Toronto-Dominion Bank have?

The company employs 94,945 workers across the globe.

Does Toronto-Dominion Bank have any subsidiaries?
The following companies are subsidiares of Toronto-Dominion Bank: Epoch Investment Partners Inc., Greystone Managed Investments, Headlands Tech Global Markets LLC, Layer 6 AI, Meloche Monnex Inc., Primmum Insurance Company, Scottrade Bank, Security National Insurance Company, TD Ameritrade, TD Asset Administration UK Limited, TD Asset Management Inc., TD Auto Finance (Canada) Inc., TD Auto Finance LLC, TD Auto Finance Services Inc., TD Bank Europe Limited, TD Bank International S.A., TD Bank N.V., TD Bank National Association, TD Bank US Holding Company, TD Bank USA National Association, TD Direct Insurance Inc., TD Direct Investing (Europe) Limited, TD Equipment Finance Inc., TD Financial International Ltd., TD Financing Services Home Inc., TD Financing Services Inc., TD General Insurance Company, TD Global Finance, TD Global Finance Unlimited Company, TD Group US Holdings LLC, TD Home and Auto Insurance Company, TD Investment Services Inc., TD Ireland, TD Ireland Unlimited Company, TD Life Insurance Company, TD Luxembourg International Holdings, TD Mortgage Corporation, TD Pacific Mortgage Corporation, TD Private Client Wealth LLC, TD Reinsurance (Barbados) Inc., TD Securities (Japan) Co. Ltd., TD Securities (USA) LLC, TD Securities Inc., TD Securities Limited, TD Vermillion Holdings ULC, TD Waterhouse Canada Inc., TD Waterhouse Private Investment Counsel Inc., TD Wealth Holdings (UK) Limited, TD Wealth Management Services Inc., TDAM USA Inc., The Canada Trust Company, Thirdco II Limited, Toronto Dominion (New York) LLC, Toronto Dominion (South East Asia) Limited, Toronto Dominion (Texas) LLC, Toronto Dominion Australia Limited, Toronto Dominion Capital (U.S.A.) Inc., Toronto Dominion Holdings (U.K.) Limited, Toronto Dominion Holdings (U.S.A.) Inc., Toronto Dominion International Inc., and Toronto Dominion Investments B.V..
Read More
How can I contact Toronto-Dominion Bank?

Toronto-Dominion Bank's mailing address is Toronto-Dominion Centre, TORONTO A6, M5K 1A2. The official website for the company 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.

This page (NYSE:TD) was last updated on 2/2/2023 by MarketBeat.com Staff