TSE:TD FY2025 EPS Boosted by National Bank Financial

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) – Equities research analysts at National Bank Financial lifted their FY2025 earnings per share estimates for shares of Toronto-Dominion Bank in a note issued to investors on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now expects that the company will post earnings of $8.16 per share for the year, up from their previous estimate of $7.82. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $7.22 per share. National Bank Financial also issued estimates for Toronto-Dominion Bank’s FY2026 earnings at $8.53 EPS.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last released its quarterly earnings results on Thursday, August 22nd. The company reported C$2.05 EPS for the quarter, missing the consensus estimate of C$2.07 by C($0.02). The company had revenue of C$14.18 billion during the quarter, compared to the consensus estimate of C$14.12 billion. Toronto-Dominion Bank had a return on equity of 7.33% and a net margin of 15.72%.

Several other research analysts have also commented on TD. Cormark reduced their price target on Toronto-Dominion Bank from C$93.00 to C$91.00 in a research report on Friday, October 11th. Jefferies Financial Group upped their target price on Toronto-Dominion Bank from C$73.00 to C$82.00 and gave the company a “hold” rating in a research report on Monday, August 12th. Royal Bank of Canada lowered Toronto-Dominion Bank from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from C$88.00 to C$82.00 in a research report on Friday, October 11th. Scotiabank reduced their target price on Toronto-Dominion Bank from C$87.00 to C$86.00 in a research report on Monday, August 19th. Finally, Desjardins reduced their target price on Toronto-Dominion Bank from C$91.00 to C$90.00 and set a “buy” rating on the stock in a research report on Friday, August 23rd. Six equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$87.23.

Toronto-Dominion Bank Trading Down 0.2 %

TD opened at C$78.11 on Thursday. The firm has a market cap of C$136.69 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 1.22 and a beta of 0.82. Toronto-Dominion Bank has a 12 month low of C$73.67 and a 12 month high of C$87.99. The stock has a fifty day moving average price of C$81.44 and a 200-day moving average price of C$79.09.

Toronto-Dominion Bank Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 31st were issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 5.22%. The ex-dividend date of this dividend was Thursday, October 10th. Toronto-Dominion Bank’s dividend payout ratio is presently 94.44%.

Toronto-Dominion Bank Company Profile

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.