The Toronto-Dominion Bank (NYSE:TD – Free Report) (TSE:TD) – Equities researchers at National Bank Financial increased their FY2025 EPS estimates for Toronto-Dominion Bank in a note issued to investors on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now expects that the bank will post earnings of $5.88 per share for the year, up from their prior forecast of $5.71. National Bank Financial has a “Sector Perform” rating on the stock. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $5.76 per share. National Bank Financial also issued estimates for Toronto-Dominion Bank’s FY2026 earnings at $6.14 EPS.
Other equities analysts have also issued reports about the company. StockNews.com lowered Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research report on Thursday, August 22nd. Royal Bank of Canada downgraded shares of Toronto-Dominion Bank from an “outperform” rating to a “sector perform” rating in a research note on Friday, October 11th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $84.00.
Toronto-Dominion Bank Trading Up 0.2 %
NYSE:TD opened at $55.94 on Thursday. Toronto-Dominion Bank has a 12 month low of $53.52 and a 12 month high of $65.12. The business’s 50-day moving average is $59.14 and its two-hundred day moving average is $57.71. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a market capitalization of $97.91 billion, a PE ratio of 17.87, a price-to-earnings-growth ratio of 1.59 and a beta of 0.82.
Toronto-Dominion Bank (NYSE:TD – Get Free Report) (TSE:TD) last posted its earnings results on Thursday, August 22nd. The bank reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.56. Toronto-Dominion Bank had a net margin of 6.94% and a return on equity of 14.34%. The business had revenue of $14.18 billion for the quarter, compared to analyst estimates of $9.40 billion. During the same quarter in the previous year, the business posted $1.48 EPS. The business’s quarterly revenue was up 9.8% on a year-over-year basis.
Institutional Trading of Toronto-Dominion Bank
A number of hedge funds have recently made changes to their positions in the stock. Passumpsic Savings Bank lifted its position in shares of Toronto-Dominion Bank by 2.6% during the third quarter. Passumpsic Savings Bank now owns 7,530 shares of the bank’s stock worth $476,000 after purchasing an additional 194 shares during the last quarter. Main Line Retirement Advisors LLC grew its position in shares of Toronto-Dominion Bank by 1.3% in the 3rd quarter. Main Line Retirement Advisors LLC now owns 24,180 shares of the bank’s stock worth $1,530,000 after acquiring an additional 314 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Toronto-Dominion Bank by 6.4% in the 3rd quarter. Geode Capital Management LLC now owns 7,962,173 shares of the bank’s stock valued at $506,846,000 after acquiring an additional 479,624 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Toronto-Dominion Bank during the 3rd quarter valued at approximately $20,952,000. Finally, MML Investors Services LLC lifted its stake in Toronto-Dominion Bank by 12.2% during the third quarter. MML Investors Services LLC now owns 12,063 shares of the bank’s stock worth $763,000 after purchasing an additional 1,309 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.
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