Desjardins Cuts Earnings Estimates for Toronto-Dominion Bank

The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) – Investment analysts at Desjardins dropped their FY2025 EPS estimates for Toronto-Dominion Bank in a research note issued to investors on Thursday, December 5th. Desjardins analyst D. Young now expects that the bank will post earnings per share of $5.54 for the year, down from their previous estimate of $5.96. Desjardins currently has a “Hold” rating on the stock. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $5.89 per share. Desjardins also issued estimates for Toronto-Dominion Bank’s Q4 2025 earnings at $1.45 EPS and FY2026 earnings at $5.93 EPS.

TD has been the topic of several other reports. StockNews.com cut Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research note on Thursday, August 22nd. Scotiabank cut Toronto-Dominion Bank from a “sector outperform” rating to a “sector perform” rating in a research note on Friday. Royal Bank of Canada lowered their price objective on Toronto-Dominion Bank from $82.00 to $77.00 and set a “sector perform” rating for the company in a research report on Friday. National Bank Financial raised shares of Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating in a report on Thursday, August 22nd. Finally, Barclays cut shares of Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a report on Thursday, November 21st. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Toronto-Dominion Bank presently has an average rating of “Hold” and a consensus target price of $80.50.

Toronto-Dominion Bank Price Performance

Toronto-Dominion Bank stock opened at $51.96 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.10. Toronto-Dominion Bank has a 52-week low of $51.74 and a 52-week high of $65.12. The firm has a market cap of $90.94 billion, a PE ratio of 14.97, a price-to-earnings-growth ratio of 1.86 and a beta of 0.82. The company’s 50 day moving average is $57.30 and its two-hundred day moving average is $57.65.

Toronto-Dominion Bank Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 10th will be issued a $0.7482 dividend. This represents a $2.99 dividend on an annualized basis and a yield of 5.76%. This is an increase from Toronto-Dominion Bank’s previous quarterly dividend of $0.74. The ex-dividend date is Friday, January 10th. Toronto-Dominion Bank’s dividend payout ratio is 87.03%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. CWM LLC raised its stake in Toronto-Dominion Bank by 2.4% during the 3rd quarter. CWM LLC now owns 7,208 shares of the bank’s stock worth $456,000 after acquiring an additional 170 shares in the last quarter. Pathstone Holdings LLC grew its holdings in shares of Toronto-Dominion Bank by 0.8% during the third quarter. Pathstone Holdings LLC now owns 22,309 shares of the bank’s stock worth $1,411,000 after purchasing an additional 184 shares during the last quarter. Passumpsic Savings Bank boosted its position in shares of Toronto-Dominion Bank by 2.6% in the 3rd quarter. Passumpsic Savings Bank now owns 7,530 shares of the bank’s stock valued at $476,000 after purchasing an additional 194 shares during the period. Balanced Rock Investment Advisors LLC grew its stake in Toronto-Dominion Bank by 1.4% during the 2nd quarter. Balanced Rock Investment Advisors LLC now owns 14,959 shares of the bank’s stock worth $822,000 after buying an additional 203 shares during the last quarter. Finally, Hexagon Capital Partners LLC increased its position in Toronto-Dominion Bank by 18.5% during the third quarter. Hexagon Capital Partners LLC now owns 1,337 shares of the bank’s stock worth $85,000 after buying an additional 209 shares during the period. Institutional investors and hedge funds own 52.37% of the company’s stock.

About Toronto-Dominion Bank

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.