Desjardins Analysts Increase Earnings Estimates for TSE:TD

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) – Analysts at Desjardins lifted their FY2025 earnings per share (EPS) estimates for shares of Toronto-Dominion Bank in a report issued on Tuesday, February 4th. Desjardins analyst D. Young now anticipates that the company will earn $7.85 per share for the year, up from their previous estimate of $7.80. Desjardins currently has a “Hold” rating on the stock. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $7.22 per share. Desjardins also issued estimates for Toronto-Dominion Bank’s FY2026 earnings at $8.60 EPS.

Several other research firms have also weighed in on TD. Scotiabank lowered Toronto-Dominion Bank from an “outperform” rating to a “sector perform” rating and reduced their price objective for the company from C$98.00 to C$81.00 in a research note on Friday, December 6th. Cormark reduced their price target on shares of Toronto-Dominion Bank from C$99.00 to C$94.00 in a research note on Friday, December 6th. CIBC decreased their price target on shares of Toronto-Dominion Bank from C$93.00 to C$90.00 in a report on Friday, December 6th. National Bankshares dropped their price objective on shares of Toronto-Dominion Bank from C$85.00 to C$80.00 in a research note on Friday, December 6th. Finally, Jefferies Financial Group raised shares of Toronto-Dominion Bank from a “hold” rating to a “buy” rating and boosted their target price for the stock from C$82.00 to C$90.00 in a research note on Thursday, December 12th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of C$86.83.

Toronto-Dominion Bank Stock Performance

Shares of TD stock opened at C$82.81 on Friday. Toronto-Dominion Bank has a fifty-two week low of C$73.22 and a fifty-two week high of C$87.99. The stock’s fifty day moving average price is C$78.67 and its two-hundred day moving average price is C$80.03. The company has a market cap of C$144.92 billion, a PE ratio of 19.17, a P/E/G ratio of 1.22 and a beta of 0.82.

Toronto-Dominion Bank Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 31st were given a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 5.07%. The ex-dividend date of this dividend was Friday, January 10th. This is a positive change from Toronto-Dominion Bank’s previous quarterly dividend of $1.02. Toronto-Dominion Bank’s 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.