NYSE:TDToronto-Dominion Bank Stock Price, Forecast & News

Toronto-Dominion Bank's stock was trading at $42.12 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TD shares have increased by 8.5% and is now trading at $45.71. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last year. There are currently 1 sell rating, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Toronto-Dominion Bank.

Toronto-Dominion Bank is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Toronto-Dominion Bank.

Toronto-Dominion Bank (NYSE:TD) posted its quarterly earnings data on Thursday, May, 28th. The bank reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.25. The bank earned $10.53 billion during the quarter, compared to analysts' expectations of $9.82 billion. Toronto-Dominion Bank had a net margin of 18.30% and a return on equity of 13.24%. The firm's revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.75 earnings per share. View Toronto-Dominion Bank's earnings history.

Toronto-Dominion Bank announced a quarterly dividend on Thursday, May 28th. Shareholders of record on Friday, July 10th will be paid a dividend of $0.567 per share on Friday, July 31st. This represents a $2.27 annualized dividend and a dividend yield of 4.96%. The ex-dividend date is Thursday, July 9th. View Toronto-Dominion Bank's dividend history.

13 equities research analysts have issued 12 month price targets for Toronto-Dominion Bank's shares. Their forecasts range from $58.00 to $84.00. On average, they expect Toronto-Dominion Bank's stock price to reach $73.42 in the next twelve months. This suggests a possible upside of 60.6% from the stock's current price. View analysts' price targets for Toronto-Dominion Bank.

News articles about TD stock have trended extremely negative on Wednesday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Toronto-Dominion Bank earned a media sentiment score of -4.3 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Toronto-Dominion Bank.

Toronto-Dominion Bank saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 7,570,000 shares, a decline of 7.7% from the May 31st total of 8,200,000 shares. Based on an average daily volume of 2,980,000 shares, the short-interest ratio is currently 2.5 days. Currently, 0.4% of the shares of the stock are sold short. 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), BNP PARIBAS/S (BNPQY), Mitsubishi UFJ Financial Group (MUFG), Westpac Banking (WBK), Banco Santander (SAN), Sumitomo Mitsui Financial Grp (SMFG), ANZ (ANZBY), Bank of Montreal (BMO), HANG SENG BK LT/S (HSNGY), Boc Hong Kong (BHKLY), Canadian Imperial Bank of Commerce (CM), NORDEA Bk AB SW/S (NRDBY), ICICI Bank (IBN) and ING Groep (ING). View all competitors.

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), Rogers Communications (RCI), Wheaton Precious Metals (WPM) and Royal Bank of Canada (RY).

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

Toronto-Dominion Bank's stock is owned by many different retail and institutional investors. Top institutional investors include Addenda Capital Inc. (0.11%), Cardinal Capital Management Inc. (0.10%), Nexus Investment Management ULC (0.04%), Welch & Forbes LLC (0.02%), LVM Capital Management Ltd. MI (0.01%) and Envestnet Asset Management Inc. (0.00%).

TD stock was sold by a variety of institutional investors in the last quarter, including Cox Capital Mgt LLC, Welch & Forbes LLC, LVM Capital Management Ltd. MI, Neville Rodie & Shaw Inc., Nexus Investment Management ULC, TRUE Private Wealth Advisors, M&R Capital Management Inc., and Aries Wealth Management.

TD stock was purchased by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Cardinal Capital Management Inc., Insight Folios Inc, Watchman Group Inc., Lenox Wealth Advisors LLC, Old Port Advisors, Global Retirement Partners LLC, and Pacifica Partners Inc..

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 $45.71.

Toronto-Dominion Bank has a market capitalization of $82.39 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.

The official website for Toronto-Dominion Bank is 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]