Q1 EPS Estimates for TD Decreased by National Bank Financial

The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) – National Bank Financial dropped their Q1 2025 earnings per share estimates for Toronto-Dominion Bank in a research report issued to clients and investors on Monday, February 17th. National Bank Financial analyst G. Dechaine now anticipates that the bank will post earnings of $1.41 per share for the quarter, down from their previous estimate of $1.49. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $5.52 per share. National Bank Financial also issued estimates for Toronto-Dominion Bank’s Q2 2025 earnings at $1.29 EPS, Q3 2025 earnings at $1.42 EPS, Q4 2025 earnings at $1.25 EPS, FY2025 earnings at $5.38 EPS and FY2026 earnings at $5.83 EPS.

Other research analysts have also recently issued research reports about the company. BMO Capital Markets raised Toronto-Dominion Bank from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 19th. Barclays cut Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a research report on Thursday, November 21st. Jefferies Financial Group cut Toronto-Dominion Bank from a “buy” rating to a “hold” rating in a research report on Tuesday. Royal Bank of Canada dropped their price target on Toronto-Dominion Bank from $82.00 to $77.00 and set a “sector perform” rating on the stock in a research report on Friday, December 6th. Finally, Scotiabank cut Toronto-Dominion Bank from a “sector outperform” rating to a “sector perform” rating in a research report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Toronto-Dominion Bank presently has a consensus rating of “Hold” and a consensus target price of $80.50.

Toronto-Dominion Bank Stock Up 0.3 %

Shares of NYSE TD opened at $59.96 on Wednesday. Toronto-Dominion Bank has a one year low of $51.25 and a one year high of $64.91. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.03 and a quick ratio of 1.03. The business’s fifty day moving average price is $55.63 and its 200-day moving average price is $57.47. The stock has a market capitalization of $104.95 billion, a PE ratio of 17.28, a P/E/G ratio of 1.92 and a beta of 0.84.

Hedge Funds Weigh In On Toronto-Dominion Bank

A number of hedge funds and other institutional investors have recently modified their holdings of TD. Norges Bank purchased a new position in shares of Toronto-Dominion Bank in the 4th quarter worth about $992,204,000. FIL Ltd boosted its holdings in shares of Toronto-Dominion Bank by 17.3% in the 4th quarter. FIL Ltd now owns 38,989,749 shares of the bank’s stock worth $2,075,819,000 after purchasing an additional 5,756,584 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Toronto-Dominion Bank by 24.9% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 13,509,261 shares of the bank’s stock worth $854,815,000 after purchasing an additional 2,689,532 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Toronto-Dominion Bank by 32.2% in the 4th quarter. Geode Capital Management LLC now owns 10,526,821 shares of the bank’s stock worth $569,878,000 after purchasing an additional 2,564,648 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Toronto-Dominion Bank by 61.1% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 6,011,579 shares of the bank’s stock worth $380,118,000 after purchasing an additional 2,279,864 shares in the last quarter. 52.37% of the stock is currently owned by hedge funds and other institutional investors.

Toronto-Dominion Bank Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 10th were paid a $0.7482 dividend. This is a positive change from Toronto-Dominion Bank’s previous quarterly dividend of $0.74. This represents a $2.99 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date was Friday, January 10th. Toronto-Dominion Bank’s dividend payout ratio is currently 84.15%.

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.