Research Analysts Set Expectations for TD FY2025 Earnings

The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) – Analysts at National Bank Financial upped their FY2025 earnings per share (EPS) estimates for Toronto-Dominion Bank in a research 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 previous forecast of $5.71. National Bank Financial currently 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 research analysts also recently issued research reports about the company. StockNews.com downgraded Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a report on Thursday, August 22nd. Royal Bank of Canada cut Toronto-Dominion Bank from an “outperform” rating to a “sector perform” rating in a research report on Friday, October 11th. Finally, Barclays cut Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $84.00.

Toronto-Dominion Bank Trading Down 0.0 %

NYSE TD opened at $55.93 on Thursday. The company has a market cap of $97.89 billion, a price-to-earnings ratio of 17.87, a P/E/G ratio of 1.59 and a beta of 0.82. Toronto-Dominion Bank has a 52 week low of $53.52 and a 52 week high of $65.12. The business has a 50 day moving average price of $59.02 and a 200-day moving average price of $57.70. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.10.

Toronto-Dominion Bank (NYSE:TD) (TSE:TD) last released its quarterly earnings data on Thursday, August 22nd. The bank reported $2.05 EPS for the quarter, beating the consensus estimate of $1.49 by $0.56. The firm had revenue of $14.18 billion during the quarter, compared to the consensus estimate of $9.40 billion. Toronto-Dominion Bank had a return on equity of 14.34% and a net margin of 6.94%. The company’s quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.48 earnings per share.

Institutional Trading of Toronto-Dominion Bank

A number of hedge funds and other institutional investors have recently made changes to their positions in TD. The Manufacturers Life Insurance Company increased its stake in 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 acquiring an additional 2,689,532 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its stake in 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 acquiring an additional 2,279,864 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Toronto-Dominion Bank by 61.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,806,974 shares of the bank’s stock worth $319,151,000 after acquiring an additional 2,215,185 shares during the last quarter. Quadrature Capital Ltd increased its stake in Toronto-Dominion Bank by 175.5% in the 3rd quarter. Quadrature Capital Ltd now owns 2,467,300 shares of the bank’s stock worth $156,202,000 after acquiring an additional 1,571,700 shares during the last quarter. Finally, 1832 Asset Management L.P. increased its stake in Toronto-Dominion Bank by 6.0% in the 2nd quarter. 1832 Asset Management L.P. now owns 25,803,480 shares of the bank’s stock worth $1,418,159,000 after acquiring an additional 1,462,794 shares during the last quarter. 52.37% of the stock is currently owned by institutional investors.

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.