The Toronto-Dominion Bank Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Toronto-Dominion Bank in the last twelve months. There are currently 3 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" The Toronto-Dominion Bank stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TD, but not buy additional shares or sell existing shares.
View analyst ratings for The Toronto-Dominion Bank or view top-rated stocks.

Wall Street analysts have given The Toronto-Dominion Bank a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Toronto-Dominion Bank wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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The Toronto-Dominion Bank saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 8,380,000 shares, an increase of 48.3% from the June 30th total of 5,650,000 shares. Based on an average daily volume of 1,730,000 shares, the days-to-cover ratio is currently 4.8 days.
View The Toronto-Dominion Bank's Short Interest.

The Toronto-Dominion Bank is scheduled to release its next quarterly earnings announcement on Thursday, August 26th 2021.
View our earnings forecast for The Toronto-Dominion Bank.

The Toronto-Dominion Bank will be holding an earnings conference call on Thursday, August 26th at 1:30 PM Eastern. Interested parties can register for or listen to the call using this link.

The Toronto-Dominion Bank (NYSE:TD) issued its quarterly earnings data on Wednesday, May, 26th. The bank reported $2.04 EPS for the quarter, beating analysts' consensus estimates of $1.39 by $0.65. The bank earned $10.23 billion during the quarter, compared to the consensus estimate of $9.80 billion. The Toronto-Dominion Bank had a net margin of 29.12% and a trailing twelve-month return on equity of 14.12%. The Toronto-Dominion Bank's quarterly revenue was down 2.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.85 earnings per share.
View The Toronto-Dominion Bank's earnings history.

The Toronto-Dominion Bank's stock was trading at $42.12 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TD shares have increased by 57.8% and is now trading at $66.45.
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The Toronto-Dominion Bank declared a quarterly dividend on Friday, May 28th. Stockholders of record on Friday, July 9th will be given a dividend of $0.6521 per share on Saturday, July 31st. This represents a $2.61 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date is Thursday, July 8th. This is an increase from The Toronto-Dominion Bank's previous quarterly dividend of $0.63.
View The Toronto-Dominion Bank's dividend history.

The Toronto-Dominion Bank pays an annual dividend of $1.21 per share and currently has a dividend yield of 1.81%. The Toronto-Dominion Bank does not yet have a strong track record of dividend growth. The dividend payout ratio of The Toronto-Dominion Bank is 30.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Toronto-Dominion Bank will have a dividend payout ratio of 19.36% next year. This indicates that The Toronto-Dominion Bank will be able to sustain or increase its dividend.
View The Toronto-Dominion Bank's dividend history.

9 brokers have issued 1 year price objectives for The Toronto-Dominion Bank's stock. Their forecasts range from $59.00 to $91.00. On average, they anticipate The Toronto-Dominion Bank's stock price to reach $77.00 in the next twelve months. This suggests a possible upside of 15.9% from the stock's current price.
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2,459 employees have rated The Toronto-Dominion Bank CEO Bharat Masrani on Glassdoor.com. Bharat Masrani has an approval rating of 86% among The Toronto-Dominion Bank's employees.

Some companies that are related to The Toronto-Dominion Bank include Royal Bank of Canada (RY), Commonwealth Bank of Australia (CMWAY), HDFC Bank (HDB), BNP Paribas (BNPQY), Mitsubishi UFJ Financial Group (MUFG), Westpac Banking (WBK), Bank of Montreal (BMO), ICICI Bank (IBN), Banco Santander (SAN), Australia and New Zealand Banking Group (ANZBY), Canadian Imperial Bank of Commerce (CM), ING Groep (ING), Nordea Bank Abp (NRDBY), Sumitomo Mitsui Financial Group (SMFG) and Lloyds Banking Group (LYG).
View all of TD's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other The 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).

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

The Toronto-Dominion Bank's stock is owned by a number of retail and institutional investors. Top institutional investors include Cardinal Capital Management Inc. (0.10%), Alliancebernstein L.P. (0.06%), Nexus Investment Management ULC (0.04%), Hillsdale Investment Management Inc. (0.03%), Welch & Forbes LLC (0.02%) and DORCHESTER WEALTH MANAGEMENT Co (0.02%).

TD stock was sold by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., Baskin Financial Services Inc., DORCHESTER WEALTH MANAGEMENT Co, Nexus Investment Management ULC, Davis Rea LTD., Compagnie Lombard Odier SCmA, Old Port Advisors, and Kovack Advisors Inc..

TD stock was purchased by a variety of institutional investors in the last quarter, including Hillsdale Investment Management Inc., Alliancebernstein L.P., New England Research & Management Inc., M. Kulyk & Associates LLC, Veriti Management LLC, Stock Yards Bank & Trust Co., Stratos Wealth Partners LTD., and First National Bank of South Miami.

Shares of TD 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 $66.45.

The Toronto-Dominion Bank has a market capitalization of $121.03 billion and generates $39.92 billion in revenue each year. The bank earns $8.85 billion in net income (profit) each year or $3.99 on an earnings per share basis.

The Toronto-Dominion Bank employs 89,598 workers across the globe.

The following companies are subsidiares of The Toronto-Dominion Bank: Epoch Investment Partners Inc., Greystone Managed Investments, 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..

The Toronto-Dominion Bank was founded in 1855.

The official website for The Toronto-Dominion Bank is www.td.com.

The Toronto-Dominion Bank is headquartered at Toronto-Dominion Centre, TORONTO A6, M5K 1A2.

The 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]