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TSE:TD

Toronto-Dominion Bank (TD) Stock Price, News & Analysis

C$80.45
+0.41 (+0.51%)
(As of 07/26/2024 ET)
Today's Range
C$80.08
C$80.62
50-Day Range
C$73.88
C$80.45
52-Week Range
C$73.67
C$87.10
Volume
4.32 million shs
Average Volume
7.41 million shs
Market Capitalization
C$141.59 billion
P/E Ratio
13.68
Dividend Yield
5.07%
Price Target
C$86.97

Toronto-Dominion Bank MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.53 Rating Score
Upside/​Downside
8.1% Upside
C$86.97 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.14mentions of Toronto-Dominion Bank in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.98 out of 5 stars

TD stock logo

About Toronto-Dominion Bank Stock (TSE:TD)

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, 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. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada.

TD Stock Price History

TD Stock News Headlines

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Most Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.
Should You Load Up on TD Bank Stock?
See More Headlines
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Company Calendar

Ex-Dividend for 4/30 Dividend
4/08/2024
Dividend Payable
4/30/2024
Last Earnings
5/23/2024
Ex-Dividend for 7/31 Dividend
7/10/2024
Today
7/26/2024
Dividend Payable
7/31/2024
Next Earnings (Confirmed)
8/22/2024

Industry, Sector and Symbol

Industry
Banks - Diversified
Sub-Industry
Banking
CIK
N/A
Fax
N/A
Employees
93,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$86.97
High Stock Price Target
C$95.00
Low Stock Price Target
C$73.00
Potential Upside/Downside
+8.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.53
Research Coverage
15 Analysts

Profitability

Net Income
C$10.75 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$51.50 billion
Cash Flow
C$278.66 per share
Book Value
C$60.90 per share

Miscellaneous

Outstanding Shares
1,760,000,000
Free Float
N/A
Market Cap
C$141.59 billion
Optionable
Not Optionable
Beta
0.82
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Key Executives

  • Mr. Bharat B. Masrani (Age 67)
    Group President, CEO & Director
    Comp: $3.17M
  • Mr. Kelvin Vi Luan Tran
    Group Head & CFO
  • Mr. Riaz E. Ahmed
    Group Head of Wholesale Banking
  • Mr. Leovigildo Salom
    Group Head U.S. Retail and President & CEO of America's Most Convenient Bank
  • Salma Salman
    Chief Accountant & Senior VP of Finance
  • Mr. Greg Keeley
    Senior Executive Vice President of Technology & Platforms
  • Ms. Judy Dinn
    Chief Information Officer
  • Ms. Brooke Hales
    Head of Investor Relations
  • Ms. Jane A. Langford
    Executive VP & General Counsel
  • Ms. Renu Gupta
    Senior Vice President of Corporate Development, Strategy & Funding

Should I Buy Toronto-Dominion Bank Stock? TD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in The Toronto-Dominion Bank:

  • The Toronto-Dominion Bank provides various financial products and services in Canada, the United States, and internationally, offering diversification opportunities.
  • Strong presence in the Canadian Personal and Commercial Banking segment, which is a stable and profitable market.
  • Recent positive developments in the U.S. Retail segment, indicating growth potential in that market.
  • Stable performance in Wealth Management and Insurance segment, providing a reliable source of income.
  • Current stock price of The Toronto-Dominion Bank is trading at an attractive valuation, making it a potentially good investment opportunity.

Cons

Investors should be bearish about investing in The Toronto-Dominion Bank for these reasons:

  • The Toronto-Dominion Bank faces competition in the financial services industry, which could impact its market share and profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Toronto-Dominion Bank pros and cons to contact@marketbeat.com.

TD Stock Analysis - Frequently Asked Questions

How have TD shares performed this year?

Toronto-Dominion Bank's stock was trading at C$85.62 at the start of the year. Since then, TD shares have decreased by 6.0% and is now trading at C$80.45.
View the best growth stocks for 2024 here
.

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

The Toronto-Dominion Bank (TSE:TD) posted its quarterly earnings data on Thursday, May, 23rd. The company reported $2.04 EPS for the quarter, beating analysts' consensus estimates of $1.84 by $0.20. The company earned $13.82 billion during the quarter, compared to analyst estimates of $13.38 billion. Toronto-Dominion Bank had a net margin of 21.91% and a trailing twelve-month return on equity of 9.89%.

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 other stocks do shareholders of Toronto-Dominion Bank own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Toronto-Dominion Bank investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET) and Wheaton Precious Metals (WPM).

This page (TSE:TD) was last updated on 7/26/2024 by MarketBeat.com Staff

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