S&P 500   5,137.08
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Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
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Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
TSE:TD

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

C$81.31
-0.18 (-0.22%)
(As of 03/1/2024 ET)
Today's Range
C$80.68
C$81.82
50-Day Range
C$78.60
C$86.89
52-Week Range
C$75.89
C$89.73
Volume
3.50 million shs
Average Volume
6.56 million shs
Market Capitalization
C$145.54 billion
P/E Ratio
14.52
Dividend Yield
5.02%
Price Target
C$90.35

Toronto-Dominion Bank MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.58 Rating Score
Upside/​Downside
11.1% Upside
C$90.35 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.16mentions of Toronto-Dominion Bank in the last 14 days
Based on 34 Articles This Week
Insider Trading
Selling Shares
C$4.72 M Sold Last Quarter
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.

3.21 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

How to Invest in Canada for Beginners: Tips for Easy Investing (TD)
If you are a Canadian citizen, let’s take a look at how to invest in Canada step by step. Learn why it’s worthwhile to tap into Canadian investments.
Toronto-Dominion Bank (TSE:TD) Price Target Cut to C$81.00
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
TD:CA Stock Price
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
TD Bank drops plan to open branch in Johnston County
TD tops analysts’ estimates with first-quarter profit
TD beats estimates with $2.82-billion profit
TD BANK GROUP DECLARES DIVIDENDS
TD Asset Management Inc. Launches a Cash Management ETF
See More Headlines
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Company Calendar

Last Earnings
5/25/2017
Ex-Dividend for 1/31 Dividend
1/09/2024
Dividend Payable
1/31/2024
Today
3/03/2024
Ex-Dividend for 4/30 Dividend
4/08/2024
Dividend Payable
4/30/2024
Next Earnings (Estimated)
5/23/2024

Industry, Sector and Symbol

Industry
Banks - Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
103,257
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$90.35
High Stock Price Target
C$99.25
Low Stock Price Target
C$81.00
Potential Upside/Downside
+11.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

Net Income
C$10.22 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$49.20 billion
Cash Flow
C$281.64 per share
Book Value
C$59.74 per share

Miscellaneous

Outstanding Shares
1,790,000,000
Free Float
N/A
Market Cap
C$145.54 billion
Optionable
Not Optionable
Beta
0.84
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Key Executives

  • Mr. Bharat B. Masrani (Age 67)
    Group President, CEO & Director
    Comp: $4.25M
  • 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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Toronto-Dominion Bank was last updated on Friday, March 1, 2024 at 9:01 PM.

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 a diverse range of opportunities for growth and revenue.
  • With a long history dating back to 1855, The Toronto-Dominion Bank has established a strong reputation and presence in the financial industry, instilling confidence in investors.
  • Under the TD Bank and America's Most Convenient Bank brand names, The Toronto-Dominion Bank has a strong retail banking presence, catering to a wide customer base.
  • The Toronto-Dominion Bank has shown resilience and adaptability in navigating through changing market conditions, showcasing its ability to weather economic uncertainties.
  • Recent developments indicate that The Toronto-Dominion Bank's stock price has been performing well, reflecting positive investor sentiment and potential for returns.

Cons

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

  • Despite its strengths, The Toronto-Dominion Bank may face challenges in a competitive financial landscape, requiring continuous innovation and strategic decisions to maintain growth.














TD Stock Analysis - Frequently Asked Questions

Should I buy or sell Toronto-Dominion Bank stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last year. There are currently 5 hold ratings and 7 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 target for 2024?

12 Wall Street analysts have issued 1 year price objectives for Toronto-Dominion Bank's shares. Their TD share price targets range from C$81.00 to C$99.25. On average, they anticipate the company's share price to reach C$90.35 in the next twelve months. This suggests a possible upside of 11.1% 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 2024?

Toronto-Dominion Bank's stock was trading at C$85.62 on January 1st, 2024. Since then, TD shares have decreased by 5.0% and is now trading at C$81.31.
View the best growth stocks for 2024 here
.

When is Toronto-Dominion Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our TD earnings forecast
.

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

The Toronto-Dominion Bank (TSE:TD) posted its quarterly earnings data on Thursday, May, 25th. The company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.10. The company earned $8.47 billion during the quarter, compared to analyst estimates of $8.54 billion. Toronto-Dominion Bank had a net margin of 21.91% and a trailing twelve-month return on equity of 9.65%.

How often does Toronto-Dominion Bank pay dividends? What is the dividend yield for Toronto-Dominion Bank?

Toronto-Dominion Bank declared a quarterly dividend on Thursday, February 29th. Shareholders of record on Tuesday, April 9th will be given a dividend of 1.02 per share on Tuesday, April 30th. This represents a $4.08 dividend on an annualized basis and a yield of 5.02%. The ex-dividend date of this dividend is Monday, April 8th.
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$4.08 per share and currently has a dividend yield of 5.08%. TD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 72.86%. 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?
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.

This page (TSE:TD) was last updated on 3/3/2024 by MarketBeat.com Staff

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