Equities Analysts Set Expectations for The Toronto-Dominion Bank’s FY2025 Earnings (TSE:TD)

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) – Analysts at Cormark dropped their FY2025 earnings per share estimates for Toronto-Dominion Bank in a report released on Friday, October 11th. Cormark analyst L. Persaud now anticipates that the company will post earnings per share of $8.10 for the year, down from their prior estimate of $8.21. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $8.21 per share.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last released its quarterly earnings results on Thursday, August 22nd. The company reported C$2.05 EPS for the quarter, missing analysts’ consensus estimates of C$2.07 by C($0.02). The business had revenue of C$14.18 billion for the quarter, compared to the consensus estimate of C$14.12 billion. Toronto-Dominion Bank had a return on equity of 7.33% and a net margin of 15.72%.

A number of other equities research analysts also recently issued reports on the company. Jefferies Financial Group increased their price target on Toronto-Dominion Bank from C$73.00 to C$82.00 and gave the stock a “hold” rating in a research report on Monday, August 12th. Desjardins reduced their target price on Toronto-Dominion Bank from C$91.00 to C$90.00 and set a “buy” rating on the stock in a report on Friday, August 23rd. Barclays dropped their price target on Toronto-Dominion Bank from C$90.00 to C$80.00 in a research note on Friday. Canaccord Genuity Group reduced their price objective on shares of Toronto-Dominion Bank from C$93.50 to C$91.50 in a research note on Friday. Finally, National Bankshares upgraded shares of Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating and boosted their target price for the company from C$74.00 to C$78.00 in a research report on Friday, August 23rd. Six investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$86.65.

Toronto-Dominion Bank Stock Down 4.0 %

Shares of TSE:TD opened at C$78.48 on Monday. Toronto-Dominion Bank has a 12-month low of C$73.67 and a 12-month high of C$87.99. The company’s 50 day moving average price is C$82.47 and its two-hundred day moving average price is C$79.42. The firm has a market cap of C$137.34 billion, a PE ratio of 18.17, a PEG ratio of 1.08 and a beta of 0.82.

Toronto-Dominion Bank Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 31st will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 5.20%. The ex-dividend date of this dividend is Thursday, October 10th. 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.