The Toronto-Dominion Bank (NYSE:TD – Free Report) (TSE:TD) – Equities researchers at Cormark issued their FY2026 earnings per share estimates for Toronto-Dominion Bank in a report released on Monday, November 25th. Cormark analyst L. Persaud forecasts that the bank will post earnings per share of $6.29 for the year. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $5.46 per share.
A number of other analysts have also recently commented on TD. StockNews.com cut Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research report on Thursday, August 22nd. National Bank Financial upgraded Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating in a research 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, November 21st. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $84.00.
Toronto-Dominion Bank Stock Up 0.1 %
TD opened at $55.88 on Tuesday. The business’s 50-day simple moving average is $58.62 and its 200-day simple moving average is $57.73. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.02 and a current ratio of 1.02. Toronto-Dominion Bank has a one year low of $53.52 and a one year high of $65.12. The stock has a market capitalization of $97.81 billion, a P/E ratio of 17.85, a price-to-earnings-growth ratio of 1.94 and a beta of 0.82.
Institutional Investors Weigh In On Toronto-Dominion Bank
Several institutional investors have recently modified their holdings of TD. The Manufacturers Life Insurance Company boosted its stake in shares of Toronto-Dominion Bank by 24.9% during 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 in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted 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 valued at $380,118,000 after buying an additional 2,279,864 shares in the last quarter. Dimensional Fund Advisors LP lifted 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 valued at $319,151,000 after buying an additional 2,215,185 shares in the last quarter. Quadrature Capital Ltd lifted 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 valued at $156,202,000 after buying an additional 1,571,700 shares in the last quarter. Finally, 1832 Asset Management L.P. lifted 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 valued at $1,418,159,000 after buying an additional 1,462,794 shares in the last quarter. Hedge funds and other institutional investors own 52.37% of the company’s stock.
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.
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