Research Analysts Issue Forecasts for TSE:TD FY2025 Earnings

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) – Analysts at National Bank Financial lifted their FY2025 earnings per share estimates for shares of Toronto-Dominion Bank in a note issued to investors on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now forecasts that the company will post earnings of $8.16 per share for the year, up from their previous estimate of $7.82. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $7.22 per share. National Bank Financial also issued estimates for Toronto-Dominion Bank’s FY2026 earnings at $8.53 EPS.

TD has been the subject of several other research reports. Barclays downgraded Toronto-Dominion Bank from a “hold” rating to a “strong sell” rating in a research report on Thursday. Royal Bank of Canada downgraded shares of Toronto-Dominion Bank from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from C$88.00 to C$82.00 in a research report on Friday, October 11th. Desjardins reduced their target price on shares of Toronto-Dominion Bank from C$91.00 to C$90.00 and set a “buy” rating on the stock in a research report on Friday, August 23rd. Jefferies Financial Group raised their price target on shares of Toronto-Dominion Bank from C$73.00 to C$82.00 and gave the company a “hold” rating in a report on Monday, August 12th. Finally, National Bankshares upgraded shares of Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating and boosted their price objective for the stock from C$74.00 to C$78.00 in a report on Friday, August 23rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$87.23.

Toronto-Dominion Bank Trading Up 0.5 %

Shares of Toronto-Dominion Bank stock opened at C$78.51 on Thursday. The company has a fifty day moving average price of C$81.33 and a 200 day moving average price of C$79.09. Toronto-Dominion Bank has a twelve month low of C$73.67 and a twelve month high of C$87.99. The stock has a market cap of C$137.39 billion, a price-to-earnings ratio of 18.17, a price-to-earnings-growth ratio of 1.22 and a beta of 0.82.

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

Toronto-Dominion Bank Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 31st were issued a dividend of $1.02 per share. The ex-dividend date was Thursday, October 10th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 5.20%. Toronto-Dominion Bank’s dividend payout ratio (DPR) is presently 94.44%.

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.