Q1 EPS Estimates for TD Cut by National Bank Financial

The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) – Equities research analysts at National Bank Financial cut their Q1 2025 earnings per share estimates for shares of Toronto-Dominion Bank in a research report issued to clients and investors on Monday, February 17th. National Bank Financial analyst G. Dechaine now anticipates that the bank will post earnings of $1.41 per share for the quarter, down from their previous forecast of $1.49. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $5.52 per share. National Bank Financial also issued estimates for Toronto-Dominion Bank’s Q2 2025 earnings at $1.29 EPS, Q3 2025 earnings at $1.42 EPS, Q4 2025 earnings at $1.25 EPS, FY2025 earnings at $5.38 EPS and FY2026 earnings at $5.83 EPS.

A number of other equities research analysts have also issued reports on the company. Jefferies Financial Group lowered Toronto-Dominion Bank from a “buy” rating to a “hold” rating in a research report on Tuesday. Scotiabank cut shares of Toronto-Dominion Bank from a “sector outperform” rating to a “sector perform” rating in a report on Friday, December 6th. Barclays cut shares of Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a report on Thursday, November 21st. Bank of America upgraded shares of Toronto-Dominion Bank from a “neutral” rating to a “buy” rating in a report on Friday, January 17th. Finally, Desjardins downgraded shares of Toronto-Dominion Bank from a “buy” rating to a “hold” rating in a research note on Friday, December 6th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $80.50.

Toronto-Dominion Bank Trading Up 0.1 %

Shares of TD stock opened at $60.13 on Wednesday. Toronto-Dominion Bank has a fifty-two week low of $51.25 and a fifty-two week high of $64.91. The company has a 50 day moving average price of $55.77 and a 200 day moving average price of $57.49. The stock has a market capitalization of $105.26 billion, a P/E ratio of 17.33, a price-to-earnings-growth ratio of 1.92 and a beta of 0.84. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.03 and a current ratio of 1.03.

Institutional Investors Weigh In On Toronto-Dominion Bank

Several hedge funds have recently modified their holdings of TD. Burgundy Asset Management Ltd. lifted its position in Toronto-Dominion Bank by 137.3% in the fourth quarter. Burgundy Asset Management Ltd. now owns 2,258,881 shares of the bank’s stock valued at $120,143,000 after purchasing an additional 1,306,946 shares during the period. Connecticut Wealth Management LLC raised its stake in shares of Toronto-Dominion Bank by 32.2% during the 4th quarter. Connecticut Wealth Management LLC now owns 4,664 shares of the bank’s stock worth $248,000 after buying an additional 1,136 shares in the last quarter. Vident Advisory LLC lifted its holdings in shares of Toronto-Dominion Bank by 5.8% in the 4th quarter. Vident Advisory LLC now owns 4,535 shares of the bank’s stock valued at $241,000 after buying an additional 249 shares during the period. Two Sigma Advisers LP boosted its stake in shares of Toronto-Dominion Bank by 370.1% in the fourth quarter. Two Sigma Advisers LP now owns 383,200 shares of the bank’s stock valued at $20,402,000 after buying an additional 301,683 shares in the last quarter. Finally, Two Sigma Investments LP grew its holdings in Toronto-Dominion Bank by 14.6% during the fourth quarter. Two Sigma Investments LP now owns 721,312 shares of the bank’s stock worth $38,403,000 after acquiring an additional 92,129 shares during the period. 52.37% of the stock is owned by institutional investors and hedge funds.

Toronto-Dominion Bank Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 10th were paid a dividend of $0.7482 per share. This represents a $2.99 annualized dividend and a dividend yield of 4.98%. The ex-dividend date of this dividend was Friday, January 10th. This is a boost from Toronto-Dominion Bank’s previous quarterly dividend of $0.74. Toronto-Dominion Bank’s dividend payout ratio is 84.15%.

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.