Desjardins Analysts Lower Earnings Estimates for TD

The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) – Stock analysts at Desjardins dropped their FY2025 EPS estimates for shares of Toronto-Dominion Bank in a research note issued on Thursday, December 5th. Desjardins analyst D. Young now forecasts that the bank will post earnings per share of $5.54 for the year, down from their prior estimate of $5.96. Desjardins has a “Hold” rating on the stock. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $5.89 per share. Desjardins also issued estimates for Toronto-Dominion Bank’s Q4 2025 earnings at $1.45 EPS and FY2026 earnings at $5.93 EPS.

Several other research analysts also recently commented on TD. Barclays downgraded Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a research note on Thursday, November 21st. StockNews.com cut shares of Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research report on Thursday, August 22nd. Royal Bank of Canada lowered their price target on shares of Toronto-Dominion Bank from $82.00 to $77.00 and set a “sector perform” rating on the stock in a research report on Friday. Scotiabank cut shares of Toronto-Dominion Bank from a “sector outperform” rating to a “sector perform” rating in a research note on Friday. Finally, National Bank Financial raised shares of Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating in a research note on Thursday, August 22nd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Toronto-Dominion Bank presently has a consensus rating of “Hold” and a consensus price target of $80.50.

Toronto-Dominion Bank Price Performance

Shares of Toronto-Dominion Bank stock opened at $51.96 on Monday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.02 and a quick ratio of 1.02. The business has a 50 day simple moving average of $57.30 and a two-hundred day simple moving average of $57.65. The stock has a market capitalization of $90.94 billion, a P/E ratio of 14.97, a PEG ratio of 1.86 and a beta of 0.82. Toronto-Dominion Bank has a 12 month low of $51.74 and a 12 month high of $65.12.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. CWM LLC lifted its stake in shares of Toronto-Dominion Bank by 2.4% in the 3rd quarter. CWM LLC now owns 7,208 shares of the bank’s stock valued at $456,000 after purchasing an additional 170 shares during the last quarter. Pathstone Holdings LLC lifted its position in Toronto-Dominion Bank by 0.8% in the third quarter. Pathstone Holdings LLC now owns 22,309 shares of the bank’s stock valued at $1,411,000 after buying an additional 184 shares during the last quarter. Passumpsic Savings Bank boosted its stake in Toronto-Dominion Bank by 2.6% during the third quarter. Passumpsic Savings Bank now owns 7,530 shares of the bank’s stock worth $476,000 after buying an additional 194 shares during the period. Balanced Rock Investment Advisors LLC increased its position in shares of Toronto-Dominion Bank by 1.4% during the second quarter. Balanced Rock Investment Advisors LLC now owns 14,959 shares of the bank’s stock valued at $822,000 after acquiring an additional 203 shares during the last quarter. Finally, Hexagon Capital Partners LLC raised its stake in shares of Toronto-Dominion Bank by 18.5% in the 3rd quarter. Hexagon Capital Partners LLC now owns 1,337 shares of the bank’s stock valued at $85,000 after acquiring an additional 209 shares during the period. 52.37% of the stock is currently owned by hedge funds and other institutional investors.

Toronto-Dominion Bank Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 10th will be issued a $0.7482 dividend. This represents a $2.99 annualized dividend and a yield of 5.76%. This is a positive change from Toronto-Dominion Bank’s previous quarterly dividend of $0.74. The ex-dividend date is Friday, January 10th. Toronto-Dominion Bank’s payout ratio is presently 87.03%.

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.