Research Analysts Issue Forecasts for TSE:TD Q4 Earnings

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) – Stock analysts at Cormark issued their Q4 2024 earnings per share estimates for shares of Toronto-Dominion Bank in a research report issued on Monday, November 25th. Cormark analyst L. Persaud forecasts that the company will earn $1.81 per share for the quarter. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $7.22 per share.

TD has been the topic of a number of other research reports. Bank of America lifted their price target on Toronto-Dominion Bank from C$85.00 to C$90.00 in a research note on Friday, August 23rd. Royal Bank of Canada downgraded shares of Toronto-Dominion Bank from an “outperform” rating to a “sector perform” rating and reduced their price target for the company from C$88.00 to C$82.00 in a research report on Friday, October 11th. Barclays cut shares of Toronto-Dominion Bank from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 21st. National Bank Financial raised shares of Toronto-Dominion Bank from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 22nd. Finally, CIBC decreased their target price on Toronto-Dominion Bank from C$96.00 to C$93.00 in a research report on Tuesday. One analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of C$87.42.

Toronto-Dominion Bank Stock Up 0.6 %

Shares of Toronto-Dominion Bank stock opened at C$79.08 on Wednesday. Toronto-Dominion Bank has a 12-month low of C$73.67 and a 12-month high of C$87.99. The firm has a market capitalization of C$138.39 billion, a PE ratio of 18.31, a price-to-earnings-growth ratio of 1.22 and a beta of 0.82. The stock’s fifty day moving average is C$80.96 and its 200-day moving average is C$79.16.

Toronto-Dominion Bank Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 31st were issued a dividend of $1.02 per share. The ex-dividend date of this dividend was Thursday, October 10th. This represents a $4.08 annualized dividend and a dividend yield of 5.16%. Toronto-Dominion Bank’s dividend payout ratio is 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.