TSE:TD Toronto-Dominion Bank (TD) Stock Forecast, Price & News C$81.83 -0.13 (-0.16%) (As of 09/29/2023 ET) Add Compare Share Share Today's RangeC$81.73▼C$82.7050-Day RangeC$80.37▼C$86.9652-Week RangeC$76.32▼C$94.05Volume7.31 million shsAverage Volume6.33 million shsMarket CapitalizationC$148.93 billionP/E Ratio10.59Dividend Yield4.69%Price TargetC$93.38 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Toronto-Dominion Bank MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside14.1% UpsideC$93.38 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.76Based on 8 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.33 out of 5 stars 3.4 Analyst's Opinion Consensus RatingToronto-Dominion Bank has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$93.38, Toronto-Dominion Bank has a forecasted upside of 14.1% from its current price of C$81.83.Amount of Analyst CoverageToronto-Dominion Bank has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for TD. Previous Next 2.5 Dividend Strength Dividend LeadershipToronto-Dominion Bank is a leading dividend payer. It pays a dividend yield of 4.66%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthToronto-Dominion Bank does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Toronto-Dominion Bank is 49.68%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TD. Previous Next 2.6 News and Social Media Coverage News SentimentToronto-Dominion Bank has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Financial Services companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Toronto-Dominion Bank this week, compared to 6 articles on an average week.Search InterestOnly 31 people have searched for TD on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat Follows18 people have added Toronto-Dominion Bank to their MarketBeat watchlist in the last 30 days. This is an increase of 13% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Toronto-Dominion Bank insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.11% of the stock of Toronto-Dominion Bank is held by insiders.Percentage Held by Institutions58.35% of the stock of Toronto-Dominion Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Toronto-Dominion Bank is 10.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Toronto-Dominion Bank is 10.59, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 285.23.Price to Earnings Growth RatioToronto-Dominion Bank has a PEG Ratio of 1.06. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioToronto-Dominion Bank has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Toronto-Dominion Bank (TSE:TD) StockThe Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. The company offers personal deposits, such as chequing, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases. It also provides credit cards and payments; real estate secured lending, auto finance, and consumer lending services; point-of-sale payment solutions for large and small businesses; wealth and asset management products, and advice to retail and institutional clients through direct investing, advice-based, and asset management businesses; and property and casualty insurance, as well as life and health insurance products. The company also provides capital markets, and corporate and investment banking products and services, including underwriting and distribution of new debt and equity issues; advice on strategic acquisitions and divestitures; and trading, funding, and investment services to corporations, governments, and institutions. It offers its products and services under the TD Bank and America's Most Convenient Bank brand names. It has a strategic alliance with Canada Post Corporation. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada.Read More TD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TD Stock News HeadlinesSeptember 28, 2023 | finance.yahoo.comTD Announces $5 Million Donation to Future Generations Foundation's Beyond Reconciliation Fundraising CampaignSeptember 28, 2023 | msn.comTD Lab launches TD Accessibility Adapter toolOctober 1, 2023 | Goldco (Ad)Ben Stein FREE Report: How Americans Are RUINING RetirementThere’s a new report just out from famed author, actor and economist Ben Stein. In this FREE REPORT, Ben reveals the lessons he learned from his late father and economist Herbert Stein. Discover how everyday Americans are currently ruining their retirements, and how YOU can save yours!September 28, 2023 | financialpost.comThe screen struggle is real and TD Bank is making its solution free to the publicSeptember 28, 2023 | msn.comToronto-Dominion: Diversified Bank, Robust Balance Sheet, And Respectable YieldsSeptember 26, 2023 | finance.yahoo.comTD Asset Management Launches New Commodities Mutual Fund PoolSeptember 26, 2023 | americanbankingnews.comToronto-Dominion Bank (TSE:TD) Given New C$92.00 Price Target at Royal Bank of CanadaSeptember 22, 2023 | finance.yahoo.comTD Bank Group Announces Redemption of Non-Cumulative 5-Year Rate Reset Class A First Preferred Shares, Series 20 (NVCC)October 1, 2023 | Stansberry Research (Ad)Investing Legend Warns: NVIDIA is a "Delusion"Irrational investment in this tech giant may have made it “too big to succeed” says this renowned expert. Read this before you buy shares.September 22, 2023 | fool.caCanada’s Financial Powerhouses: Unveiling the Top Bank StocksSeptember 22, 2023 | investing.comToronto-Dominion Bank Pref Series 18 (TD_pfj)September 21, 2023 | msn.comToronto-Dominion Bank's stock sensitive to institutional trading, holds 43% stakeSeptember 20, 2023 | uk.investing.comToronto-Dominion Bank Pref Series 24 (TD_pfm)September 18, 2023 | msn.comHow Attractive Is Toronto-Dominion's 4.6% Yield?September 17, 2023 | theglobeandmail.comBank of Montreal winds down its retail auto finance business, shifts focus to other areasSeptember 15, 2023 | msn.comPosthaste: Canada's slowing jobs market may have perfect, hard or 'softish' landing, TD saysSeptember 14, 2023 | financialpost.comTD calls Justice Department money-laundering probe 'manageable'September 13, 2023 | fool.caWhy Now Is the Time to Buy TD Stock in BulkSeptember 13, 2023 | finance.yahoo.comTD Calls Justice Department Money-Laundering Probe ‘Manageable’September 12, 2023 | finance.yahoo.comTD Asset Management Inc. expands its U.S. Equity and Currency Neutral Mutual Funds Line-upSeptember 7, 2023 | msn.comTD Stock: What Investors Should Take Away From EarningsSeptember 7, 2023 | msn.comTD Bank Is Upending Its Own Banking Business for the Long TermSeptember 5, 2023 | finance.yahoo.comMFG vs. TD: Which Stock Is the Better Value Option?August 25, 2023 | markets.businessinsider.comBMO Capital Initiates a Hold Rating on Toronto Dominion Bank (TD)August 25, 2023 | bloomberg.comTD Bank Mortgage Data Shows Rate Stress for Canada’s HomebuyersAugust 24, 2023 | msn.comHealthcare, tech stocks push TSX lower, TD Bank slips on quarterly profit missAugust 24, 2023 | reuters.comRBC plans thousands of job cuts after profit beat; TD misses on higher expensesSee More Headlines Receive TD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Toronto-Dominion Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address TD Company Calendar Ex-Dividend for 7/31 Dividend7/07/2023Dividend Payable7/31/2023Last Earnings8/24/2023Today10/01/2023Ex-Dividend for 10/31 Dividend10/05/2023Dividend Payable10/31/2023Next Earnings (Estimated)12/07/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Banks—Diversified Sub-IndustryN/A SectorFinancial Services Current SymbolTSE:TD CUSIPN/A CIKN/A Webwww.td.com Phone+1-416-9446367FaxN/AEmployees103,094Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$93.38 High Stock Price ForecastC$106.00 Low Stock Price ForecastC$82.00 Forecasted Upside/Downside+14.1%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$7.73 Trailing P/E Ratio10.59 Forward P/E Ratio9.64 P/E Growth1.06Net IncomeC$14.09 billion Net Margins28.98% Pretax MarginN/A Return on Equity13.53% Return on Assets0.78% Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesC$50.26 billion Price / Sales2.96 Cash FlowC$283.44 per share Price / Cash Flow0.29 Book ValueC$58.59 per share Price / Book1.40Miscellaneous Outstanding Shares1,820,000,000Free FloatN/AMarket CapC$148.93 billion OptionableOptionable Beta0.87 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Bharat B. Masrani (Age 66)Group Pres, CEO & Director Comp: $4.25MMr. Kelvin Vi Luan TranGroup Head & CFOMr. Riaz E. AhmedGroup Head of Wholesale BankingMr. Leovigildo SalomGroup Head U.S. Retail and Pres & CEO of America's Most Convenient BankMr. Michael G. Rhodes (Age 57)Group Head of Canadian Personal Banking Comp: $3.28MSalma SalmanChief Accountant & Sr. VP of Fin.Mr. Greg KeeleySr. Exec. VP of Technology & PlatformsMs. Judy DinnChief Information OfficerMs. Brooke HalesHead of Investor RelationsMs. Jane A. LangfordExec. VP & Gen. CounselMore ExecutivesKey CompetitorsRoyal Bank of CanadaTSE:RYBank of MontrealTSE:BMOBank of Nova ScotiaTSE:BNSCanadian Imperial Bank of CommerceTSE:CMBrookfieldTSE:BNView All CompetitorsInsidersRiaz AhmedSold 37,832 sharesTotal: C$3.37 M ($89.01/share)Mark Russell ChauvinSold 42,576 sharesTotal: C$3.77 M ($88.45/share)Raymond ChunSold 7,011 sharesTotal: C$623,908.89 ($88.99/share)View All Insider Transactions TD Stock - Frequently Asked Questions Should I buy or sell Toronto-Dominion Bank stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TD shares. View TD analyst ratings or view top-rated stocks. What is Toronto-Dominion Bank's stock price forecast for 2023? 10 Wall Street research analysts have issued twelve-month price targets for Toronto-Dominion Bank's stock. Their TD share price forecasts range from C$82.00 to C$106.00. On average, they anticipate the company's share price to reach C$93.38 in the next twelve months. This suggests a possible upside of 14.1% 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 C$87.67 at the start of the year. Since then, TD shares have decreased by 6.7% and is now trading at C$81.83. View the best growth stocks for 2023 here. When is Toronto-Dominion Bank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, December 7th 2023. View our TD earnings forecast. How were Toronto-Dominion Bank's earnings last quarter? The Toronto-Dominion Bank (TSE:TD) announced its quarterly earnings results on Thursday, August, 24th. The company reported $1.99 earnings per share for the quarter, missing analysts' consensus estimates of $2.02 by $0.03. The business had revenue of $12.78 billion for the quarter, compared to analyst estimates of $12.16 billion. Toronto-Dominion Bank had a net margin of 28.98% and a trailing twelve-month return on equity of 13.53%. How often does Toronto-Dominion Bank pay dividends? What is the dividend yield for Toronto-Dominion Bank? Toronto-Dominion Bank announced a quarterly dividend on Thursday, October 5th. Shareholders of record on Tuesday, October 31st will be given a dividend of 0.96 per share on Tuesday, October 31st. This represents a $3.84 annualized dividend and a dividend yield of 4.69%. The ex-dividend date is Thursday, October 5th. Read our dividend analysis for TD. Is Toronto-Dominion Bank a good dividend stock? Toronto-Dominion Bank (TSE:TD) pays an annual dividend of C$3.84 per share and currently has a dividend yield of 4.66%. TD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 49.68%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for TD. 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), Open Text (OTEX), Rogers Communications (RCI) and Valeant Pharmaceuticals International (VRX). What is Toronto-Dominion Bank's stock symbol? Toronto-Dominion Bank trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TD." How do I buy shares of Toronto-Dominion Bank? Shares of TD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is Toronto-Dominion Bank's stock price today? One share of TD stock can currently be purchased for approximately C$81.83. How much money does Toronto-Dominion Bank make? Toronto-Dominion Bank (TSE:TD) has a market capitalization of C$148.93 billion and generates C$50.26 billion in revenue each year. The company earns C$14.09 billion in net income (profit) each year or C$7.73 on an earnings per share basis. How many employees does Toronto-Dominion Bank have? The company employs 103,094 workers across the globe. How can I contact Toronto-Dominion Bank? Toronto-Dominion Bank's mailing address is Stn Toronto Dom PO Box 1, TORONTO, ON M5K 1A2, Canada. The official website for the company is www.td.com. The company can be reached via phone at +1-416-9446367. This page (TSE:TD) was last updated on 10/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding The Toronto-Dominion Bank Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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