TD FY2025 EPS Estimate Cut by National Bank Financial

The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) – Research analysts at National Bank Financial dropped their FY2025 earnings per share estimates for shares of Toronto-Dominion Bank in a research report issued on Sunday, April 6th. National Bank Financial analyst G. Dechaine now anticipates that the bank will post earnings per share of $5.36 for the year, down from their prior estimate of $5.43. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $5.48 per share. National Bank Financial also issued estimates for Toronto-Dominion Bank’s FY2026 earnings at $5.57 EPS.

Other analysts also recently issued research reports about the stock. StockNews.com downgraded shares of Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a report on Monday, February 24th. Bank of America raised Toronto-Dominion Bank from a “neutral” rating to a “buy” rating in a report on Friday, January 17th. BMO Capital Markets raised Toronto-Dominion Bank from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 19th. Finally, Jefferies Financial Group downgraded Toronto-Dominion Bank from a “buy” rating to a “hold” rating in a research note on Tuesday, February 18th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $80.50.

Toronto-Dominion Bank Price Performance

Shares of NYSE TD opened at $57.55 on Wednesday. The firm has a 50-day simple moving average of $59.08 and a 200-day simple moving average of $57.31. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $100.85 billion, a price-to-earnings ratio of 16.59, a price-to-earnings-growth ratio of 1.95 and a beta of 0.73. Toronto-Dominion Bank has a 52 week low of $51.25 and a 52 week high of $64.91.

Toronto-Dominion Bank Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 10th will be paid a dividend of $0.7278 per share. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $2.91 annualized dividend and a yield of 5.06%. Toronto-Dominion Bank’s dividend payout ratio (DPR) is 85.29%.

Hedge Funds Weigh In On Toronto-Dominion Bank

Large investors have recently modified their holdings of the business. Keystone Financial Planning Inc. raised its holdings in Toronto-Dominion Bank by 0.8% in the 1st quarter. Keystone Financial Planning Inc. now owns 118,618 shares of the bank’s stock valued at $7,110,000 after buying an additional 905 shares during the period. NBC Securities Inc. raised its stake in shares of Toronto-Dominion Bank by 96,550.0% in the 1st quarter. NBC Securities Inc. now owns 1,933 shares of the bank’s stock valued at $115,000 after acquiring an additional 1,931 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Toronto-Dominion Bank by 42.8% in the 1st quarter. Parallel Advisors LLC now owns 5,796 shares of the bank’s stock worth $347,000 after acquiring an additional 1,738 shares during the last quarter. Versant Capital Management Inc lifted its holdings in shares of Toronto-Dominion Bank by 804.1% in the 1st quarter. Versant Capital Management Inc now owns 6,329 shares of the bank’s stock worth $379,000 after acquiring an additional 5,629 shares during the last quarter. Finally, Marcum Wealth LLC increased its holdings in Toronto-Dominion Bank by 11.3% in the 1st quarter. Marcum Wealth LLC now owns 5,962 shares of the bank’s stock valued at $357,000 after purchasing an additional 604 shares during the last quarter. 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.