Brokers Set Expectations for TSE:TD Q4 Earnings

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) – Stock analysts at Cormark issued their Q4 2024 earnings per share (EPS) estimates for shares of Toronto-Dominion Bank in a research report issued to clients and investors on Monday, November 25th. Cormark analyst L. Persaud expects that the company will post earnings of $1.81 per share for the quarter. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $7.22 per share.

TD has been the subject of a number of other reports. CIBC decreased their price target on shares of Toronto-Dominion Bank from C$96.00 to C$93.00 in a research report on Tuesday. Desjardins cut their target price on Toronto-Dominion Bank from C$91.00 to C$90.00 and set a “buy” rating on the stock in a research report on Friday, August 23rd. Barclays lowered shares of Toronto-Dominion Bank from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 21st. National Bankshares upgraded Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating and raised their price objective for the stock from C$74.00 to C$78.00 in a research note on Friday, August 23rd. Finally, BMO Capital Markets raised their price target on shares of Toronto-Dominion Bank from C$84.00 to C$94.00 in a research report on Monday, November 18th. One research analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Toronto-Dominion Bank presently has an average rating of “Hold” and a consensus price target of C$87.42.

Toronto-Dominion Bank Stock Up 0.6 %

TD opened at C$79.08 on Wednesday. The company has a 50 day moving average of C$80.96 and a two-hundred day moving average of C$79.16. Toronto-Dominion Bank has a 52-week low of C$73.67 and a 52-week high of C$87.99. The company has a market cap of C$138.39 billion, a P/E ratio of 18.31, a P/E/G ratio of 1.22 and a beta of 0.82.

Toronto-Dominion Bank Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Thursday, October 31st were paid a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 5.16%. The ex-dividend date was Thursday, October 10th. Toronto-Dominion Bank’s payout ratio is currently 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.