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

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TD shares.
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10 analysts have issued 1-year price targets for Toronto-Dominion Bank's shares. Their TD share price forecasts range from C$82.00 to C$106.00. On average, they predict the company's stock price to reach C$93.38 in the next twelve months. This suggests a possible upside of 13.5% from the stock's current price.
View analysts price targets for TD or view top-rated stocks among Wall Street analysts.

Toronto-Dominion Bank's stock was trading at C$87.67 at the start of the year. Since then, TD shares have decreased by 6.2% and is now trading at C$82.24.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, December 7th 2023.
View our TD earnings forecast.

The Toronto-Dominion Bank (TSE:TD) released its earnings results on Thursday, August, 24th. The company reported $1.99 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.02 by $0.03. The company earned $12.78 billion during the quarter, compared to the consensus estimate 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%.

Toronto-Dominion Bank announced a quarterly dividend on Thursday, August 24th. Stockholders of record on Friday, October 6th will be paid a dividend of 0.96 per share on Tuesday, October 31st. This represents a $3.84 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date is Thursday, October 5th.
Read our dividend analysis for TD.

Toronto-Dominion Bank (TSE:TD) pays an annual dividend of C$3.84 per share and currently has a dividend yield of 4.57%. 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.

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).

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

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.
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One share of TD stock can currently be purchased for approximately C$82.24.

Toronto-Dominion Bank (TSE:TD) has a market capitalization of C$149.68 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.

The company employs 103,094 workers across the globe.

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.