TSE:TD

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

C$77.62

+0.29 (+0.38%)

(As of 03/24/2023 12:00 AM ET)

Add

Compare

Today's Range: C$76.40
▼
C$77.66
50-Day Range: C$77.33
▼
C$93.56
52-Week Range: C$76.40
▼
C$103.13

Volume: 10.43 million shs
Average Volume: 6.55 million shs
Market Capitalization: C$142.04 billion

P/E Ratio: 9.56
Dividend Yield: 4.95%
Price Target: C$100.38

Toronto-Dominion Bank MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.64 Rating Score
Upside/Downside: 29.3% Upside
C$100.38 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.07
Based on 9 Articles This Week
Insider Trading: Selling Shares
C$7.13 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.35 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Toronto-Dominion Bank has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$100.38, Toronto-Dominion Bank has a forecasted upside of 29.3% from its current price of C$77.62.
Amount of Analyst Coverage
Toronto-Dominion Bank has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for TD.

2.5

Dividend Strength

Dividend Leadership
Toronto-Dominion Bank is a leading dividend payer. It pays a dividend yield of 4.84%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Toronto-Dominion Bank does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Toronto-Dominion Bank is 47.29%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TD.

2.2

News and Social Media Coverage

News Sentiment
Toronto-Dominion Bank has a news sentiment score of -0.07. 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 is a lower news sentiment than the 0.78 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Toronto-Dominion Bank this week, compared to 5 articles on an average week.
Search Interest
142 people have searched for TD on MarketBeat in the last 30 days. This is an increase of 145% compared to the previous 30 days.
MarketBeat Follows
40 people have added Toronto-Dominion Bank to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Toronto-Dominion Bank insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$7,133,274.00 in company stock.
Percentage Held by Insiders
Only 0.10% of the stock of Toronto-Dominion Bank is held by insiders.
Percentage Held by Institutions
58.44% 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.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Toronto-Dominion Bank is 9.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Toronto-Dominion Bank is 9.56, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 131.16.
Price to Earnings Growth Ratio
Toronto-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 Ratio
Toronto-Dominion Bank has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Toronto-Dominion Bank (TSE:TD) Stock

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking segments. The company offers personal deposits, such as checking, 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; property and casualty insurance; and life and health insurance products, as well as reinsurance 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 company operates through a network of 1,060 branches and 3,401 automated teller machines (ATMs) in Canada, and 1,160 stores and 2,693 ATMs in the United States, as well as offers telephone, digital, and mobile banking services. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada.

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.

TD Stock News Headlines

March 23, 2023 | americanbankingnews.com

Riaz Ahmed Sells 37,832 Shares of The Toronto-Dominion Bank (TSE:TD) Stock

March 22, 2023 | ca.finance.yahoo.com

Bank Stocks: I’m Buying the Panic-Driven Dip

March 26, 2023 | Stansberry Research (Ad)

The gold catalyst we’ve waited for

If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.

March 20, 2023 | msn.com

U.S. Bank Meltdown: These 2 Canadian Banks Are Safer

March 20, 2023 | fool.ca

Should You Be Worried About TD Bank Stock?

March 20, 2023 | finance.yahoo.com

U.S. bank crisis 'unlikely' to spill over to Canada, analyst says

March 20, 2023 | finance.yahoo.com

TD Tech Day 2023 will feature new inclusive innovations on March 22

March 20, 2023 | americanbankingnews.com

The Toronto-Dominion Bank (TSE:TD) Receives C$100.14 Average PT from Analysts

March 26, 2023 | Stansberry Research (Ad)

The gold catalyst we’ve waited for

March 18, 2023 | theglobeandmail.com

Toronto-Dominion Bank: Top 10 Undervalued Large Cap Stocks on TSX (TD)

March 18, 2023 | theglobeandmail.com

TD CEO Bharat Masrani receives largest raise of Canada’s big five banks

March 17, 2023 | wsj.com

TD Bank Sets C$500 Billion Sustainable and Decarbonization Finance Target by 2030

March 17, 2023 | americanbankingnews.com

Toronto-Dominion Bank (TSE:TD) Given a C$104.14 Price Target by Fundamental Research Analysts

March 15, 2023 | seekingalpha.com

Toronto-Dominion Bank And Royal Bank: Find Safety In Canada

March 14, 2023 | baystreet.ca

TD’s Takeover Of First Horizon Complicated By U.S. Bank Failures

March 13, 2023 | bloomberg.com

First Horizon Plunges 38% Below TD Bid in Regional Bank Nightmare

March 13, 2023 | msn.com

First Horizon plunges amid bank selloff with TD Bank deal uncertainty

March 9, 2023 | finance.yahoo.com

TD Asset Management Inc. launches the new ESG-focused TD North American Sustainability Bond Fund

March 6, 2023 | markets.businessinsider.com

Analysts Are Bullish on Top Financial Stocks: Toronto Dominion Bank (TD), AdaptHealth (AHCO)

March 6, 2023 | finance.yahoo.com

The Toronto-Dominion Bank (NYSE:TD) Q1 2023 Earnings Call Transcript

March 3, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Financial Companies: Toronto Dominion Bank (TD), UWM Holding (UWMC) and Progressive (PGR)

March 3, 2023 | finance.yahoo.com

TD bank may reprice major acquisition of First Horizon, analyst says

March 2, 2023 | msn.com

Toronto-Dominion's first-quarter profit rises

March 1, 2023 | theglobeandmail.com

TD Bank’s First Horizon acquisition dealt heavy blow after merger partner warns of regulatory issues

March 1, 2023 | finance.yahoo.com

First Horizon Shares Sink on TD’s Delayed $13.4 Billion Takeover

February 28, 2023 | bizjournals.com

TD Bank enters growing Poinciana market

February 28, 2023 | finance.yahoo.com

Six in 10 Canadians feel more targeted now than ever by financial fraud, but may not be ready to protect themselves: TD Fraud Survey

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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.

TD Company Calendar

Last Earnings: 5/25/2017
Ex-Dividend for 1/31 Dividend: 1/05/2023
Dividend Payable: 1/31/2023
Today: 3/26/2023
Ex-Dividend for 4/30 Dividend: 4/05/2023
Dividend Payable: 4/30/2023
Next Earnings (Estimated): 5/25/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Money Center Banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: TSE:TD
CUSIP: N/A
CIK: N/A
Web: www.td.com
Phone: +1-416-9446367
Fax: N/A
Employees: 90,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$100.38
High Stock Price Forecast: C$113.00
Low Stock Price Forecast: C$86.00
Forecasted Upside/Downside: +29.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.64
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$8.12
Trailing P/E Ratio: 9.56
Forward P/E Ratio: 8.82
P/E Growth: 1.06
Net Income: C$14.98 billion
Net Margins: 31.78%
Pretax Margin: N/A
Return on Equity: 14.29%
Return on Assets: 0.82%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: C$48.07 billion
Price / Sales: 2.95
Cash Flow: C$268.86 per share
Price / Cash Flow: 0.29
Book Value: C$58.10 per share
Price / Book: 1.34

Miscellaneous

Outstanding Shares: 1,830,000,000
Free Float: N/A
Market Cap: C$142.04 billion
Optionable: Optionable
Beta: 0.83

Key Executives

Mr. Bharat B. Masrani (Age 65)
Group Pres, CEO & Director
Comp: $3.94M

Mr. Kelvin Vi Luan Tran
Sr. EVP & CFO

Mr. Riaz E. Ahmed
Group Head of Wholesale Banking

Mr. Michael G. Rhodes (Age 56)
Group Head, Canadian Personal Banking
Comp: $2.46M

Salma Salman
Chief Accountant & Sr. VP of Fin.

Mr. Greg Keeley
Sr. Exec. VP of Technology & Platforms

Ms. Judy Dinn
Chief Information Officer

Ms. Brooke Hales
Head of Investor Relations

Ms. Jane A. Langford
Exec. VP & Gen. Counsel

Ms. Renu Gupta
Head of Corp. Devel. & Funding

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

TD Stock - Frequently Asked Questions

Should I buy or sell Toronto-Dominion Bank stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last twelve months. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TD shares.
View TD analyst ratings or view top-rated stocks.
What is Toronto-Dominion Bank's stock price forecast for 2023?: 11 equities research analysts have issued twelve-month price objectives for Toronto-Dominion Bank's stock. Their TD share price forecasts range from C$86.00 to C$113.00. On average, they anticipate the company's stock price to reach C$100.38 in the next year. This suggests a possible upside of 29.3% 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 on January 1st, 2023. Since then, TD stock has decreased by 11.5% and is now trading at C$77.62.
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, May 25th 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 data on Thursday, May, 25th. The company reported $1.34 EPS for the quarter, beating analysts' consensus estimates of $1.24 by $0.10. The firm earned $8.47 billion during the quarter, compared to the consensus estimate of $8.54 billion. Toronto-Dominion Bank had a net margin of 31.78% and a trailing twelve-month return on equity of 14.29%.
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, March 2nd. Investors of record on Thursday, April 6th will be paid a dividend of 0.96 per share on Sunday, April 30th. This represents a $3.84 annualized dividend and a yield of 4.95%. The ex-dividend date of this dividend is Wednesday, April 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 4.84%. TD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 47.29%. 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), Wheaton Precious Metals (WPM), 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$77.62.
How much money does Toronto-Dominion Bank make?: Toronto-Dominion Bank (TSE:TD) has a market capitalization of C$142.04 billion and generates C$48.07 billion in revenue each year. The company earns C$14.98 billion in net income (profit) each year or C$8.12 on an earnings per share basis.
How many employees does Toronto-Dominion Bank have?: The company employs 90,000 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 3/26/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

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.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

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

Toronto-Dominion Bank MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Toronto-Dominion Bank (TSE:TD) Stock

TD Stock News Headlines

TD Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

TD Stock - Frequently Asked Questions

Overall MarketRank^™