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

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TD shares.
View TD analyst ratings or view top-rated stocks.

7 brokerages have issued twelve-month target prices for Toronto-Dominion Bank's stock. Their TD share price forecasts range from $93.00 to $106.00. On average, they predict the company's stock price to reach $100.57 in the next year. This suggests a possible upside of 67.9% from the stock's current price.
View analysts price targets for TD or view top-rated stocks among Wall Street analysts.

Toronto-Dominion Bank's stock was trading at $64.76 on January 1st, 2023. Since then, TD shares have decreased by 7.5% and is now trading at $59.90.
View the best growth stocks for 2023 here.

Toronto-Dominion Bank saw a increase in short interest in March. As of March 15th, there was short interest totaling 16,890,000 shares, an increase of 230.5% from the February 28th total of 5,110,000 shares. Based on an average daily trading volume, of 2,170,000 shares, the days-to-cover ratio is presently 7.8 days. Currently, 0.9% of the company's stock are sold short.
View Toronto-Dominion Bank's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 25th 2023.
View our TD earnings forecast.

The Toronto-Dominion Bank (NYSE:TD) announced its quarterly earnings data on Thursday, March, 2nd. The bank reported $1.64 EPS for the quarter, topping analysts' consensus estimates of $1.61 by $0.03. The bank earned $9.01 billion during the quarter, compared to analysts' expectations of $8.97 billion. Toronto-Dominion Bank had a net margin of 18.23% and a trailing twelve-month return on equity of 16.02%.

Toronto-Dominion Bank declared a quarterly dividend on Thursday, March 2nd. Shareholders of record on Thursday, April 6th will be given a dividend of $0.721 per share on Sunday, April 30th. This represents a $2.88 annualized dividend and a dividend yield of 4.81%. The ex-dividend date is Wednesday, April 5th. This is a boost from the stock's previous quarterly dividend of $0.71.
Read our dividend analysis for TD.

ETFs with the largest weight of Toronto-Dominion Bank (NYSE:TD) stock in their portfolio include iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT), Dimensional International Core Equity Market ETF (DFAI), Global X Conscious Companies ETF (KRMA) and Dimensional International Core Equity 2 ETF (DFIC) and

Toronto-Dominion Bank (NYSE:TD) pays an annual dividend of $2.83 per share and currently has a dividend yield of 4.78%. TD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 44.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TD will have a dividend payout ratio of 39.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TD.

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.

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).

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

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.
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One share of TD stock can currently be purchased for approximately $59.90.

Toronto-Dominion Bank (NYSE:TD) has a market capitalization of $109.62 billion and generates $48.71 billion in revenue each year. The bank earns $13.54 billion in net income (profit) each year or $6.33 on an earnings per share basis.

The company employs 94,945 workers across the globe.

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.