TD vs. RY, BMO, BNS, FFH, KEY, BNC, BLX, SII, HUT, and VBNK
Should you be buying Toronto-Dominion Bank stock or one of its competitors? The main competitors of Toronto-Dominion Bank include Royal Bank of Canada (RY), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Fairfax Financial (FFH), Keyera (KEY), Purpose Canadian Financial Income Fund Series ETF (BNC), Boralex (BLX), Sprott (SII), Hut 8 (HUT), and VersaBank (VBNK). These companies are all part of the "banking" industry.
Toronto-Dominion Bank vs.
Royal Bank of Canada (TSE:RY) and Toronto-Dominion Bank (TSE:TD) are both large-cap financial services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their community ranking, risk, profitability, institutional ownership, earnings, valuation, media sentiment, dividends and analyst recommendations.
Royal Bank of Canada has higher revenue and earnings than Toronto-Dominion Bank. Royal Bank of Canada is trading at a lower price-to-earnings ratio than Toronto-Dominion Bank, indicating that it is currently the more affordable of the two stocks.
Royal Bank of Canada received 184 more outperform votes than Toronto-Dominion Bank when rated by MarketBeat users. Likewise, 58.28% of users gave Royal Bank of Canada an outperform vote while only 53.50% of users gave Toronto-Dominion Bank an outperform vote.
52.5% of Royal Bank of Canada shares are held by institutional investors. Comparatively, 58.1% of Toronto-Dominion Bank shares are held by institutional investors. 0.1% of Toronto-Dominion Bank shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Royal Bank of Canada has a beta of 0.84, suggesting that its share price is 16% less volatile than the S&P 500. Comparatively, Toronto-Dominion Bank has a beta of 0.82, suggesting that its share price is 18% less volatile than the S&P 500.
In the previous week, Toronto-Dominion Bank had 1 more articles in the media than Royal Bank of Canada. MarketBeat recorded 5 mentions for Toronto-Dominion Bank and 4 mentions for Royal Bank of Canada. Toronto-Dominion Bank's average media sentiment score of 0.31 beat Royal Bank of Canada's score of -0.31 indicating that Toronto-Dominion Bank is being referred to more favorably in the news media.
Royal Bank of Canada has a net margin of 28.23% compared to Toronto-Dominion Bank's net margin of 15.80%. Royal Bank of Canada's return on equity of 13.27% beat Toronto-Dominion Bank's return on equity.
Royal Bank of Canada presently has a consensus target price of C$180.00, indicating a potential upside of 8.78%. Toronto-Dominion Bank has a consensus target price of C$88.75, indicating a potential upside of 0.75%. Given Royal Bank of Canada's stronger consensus rating and higher possible upside, analysts clearly believe Royal Bank of Canada is more favorable than Toronto-Dominion Bank.
Royal Bank of Canada pays an annual dividend of C$5.68 per share and has a dividend yield of 3.4%. Toronto-Dominion Bank pays an annual dividend of C$4.08 per share and has a dividend yield of 4.6%. Royal Bank of Canada pays out 49.5% of its earnings in the form of a dividend. Toronto-Dominion Bank pays out 80.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Summary
Royal Bank of Canada beats Toronto-Dominion Bank on 15 of the 21 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (TSE:TD) was last updated on 5/1/2025 by MarketBeat.com Staff