Desjardins Analysts Lower Earnings Estimates for TD

The Toronto-Dominion Bank (NYSE:TD - Free Report) TSE: TD - Analysts at Desjardins dropped their FY2025 EPS estimates for Toronto-Dominion Bank in a research report issued on Thursday, December 5th. Desjardins analyst D. Young now expects that the bank will post earnings of $5.54 per share for the year, down from their previous forecast of $5.96. Desjardins currently has a "Hold" rating on the stock. The consensus estimate for Toronto-Dominion Bank's current full-year earnings is $5.61 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.

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

Read Our Latest Report on Toronto-Dominion Bank

Toronto-Dominion Bank Stock Performance

NYSE TD opened at $51.96 on Monday. The business has a 50 day moving average price of $57.30 and a 200 day moving average price of $57.65. The company has a market capitalization of $90.94 billion, a P/E ratio of 14.97, a PEG ratio of 1.79 and a beta of 0.82. Toronto-Dominion Bank has a 1-year low of $51.74 and a 1-year high of $65.12. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.02 and a quick ratio of 1.02.

Toronto-Dominion Bank Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 10th will be paid a dividend of $0.7482 per share. The ex-dividend date is Friday, January 10th. This is a boost from Toronto-Dominion Bank's previous quarterly dividend of $0.74. This represents a $2.99 annualized dividend and a yield of 5.76%. Toronto-Dominion Bank's dividend payout ratio (DPR) is 87.03%.

Institutional Investors Weigh In On Toronto-Dominion Bank

Several institutional investors and hedge funds have recently bought and sold shares of the business. Dunhill Financial LLC grew its stake in shares of Toronto-Dominion Bank by 164.9% in the third quarter. Dunhill Financial LLC now owns 400 shares of the bank's stock worth $25,000 after purchasing an additional 249 shares in the last quarter. Triad Wealth Partners LLC bought a new position in Toronto-Dominion Bank in the 2nd quarter valued at about $31,000. Blue Trust Inc. increased its stake in Toronto-Dominion Bank by 50.7% during the 2nd quarter. Blue Trust Inc. now owns 630 shares of the bank's stock valued at $38,000 after buying an additional 212 shares during the period. Kimelman & Baird LLC bought a new stake in shares of Toronto-Dominion Bank during the 2nd quarter worth about $49,000. Finally, Morse Asset Management Inc acquired a new stake in shares of Toronto-Dominion Bank in the 3rd quarter worth approximately $63,000. Institutional investors and hedge funds 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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