Q4 Earnings Forecast for TSE:TD Issued By Cormark

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

Other equities analysts have also recently issued reports about the company. National Bank Financial upgraded Toronto-Dominion Bank from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 22nd. Scotiabank raised their price objective on Toronto-Dominion Bank from C$86.00 to C$98.00 in a research note on Monday. Canaccord Genuity Group dropped their price objective on Toronto-Dominion Bank from C$91.50 to C$89.00 in a research note on Tuesday, November 19th. Desjardins dropped their price objective on Toronto-Dominion Bank from C$91.00 to C$90.00 and set a “buy” rating on the stock in a research note on Friday, August 23rd. Finally, National Bankshares upgraded Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating and raised their price objective for the company from C$74.00 to C$78.00 in a research note on Friday, August 23rd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Toronto-Dominion Bank presently has a consensus rating of “Hold” and a consensus target price of C$87.42.

Toronto-Dominion Bank Trading Up 1.1 %

Shares of TSE:TD opened at C$78.63 on Wednesday. The stock’s fifty day simple moving average is C$81.09 and its two-hundred day simple moving average is C$79.14. Toronto-Dominion Bank has a 1-year low of C$73.67 and a 1-year high of C$87.99. The stock has a market cap of C$137.60 billion, a PE ratio of 18.20, a price-to-earnings-growth 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. Stockholders of record on Thursday, October 31st were paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 5.19%. The ex-dividend date of this dividend was Thursday, October 10th. 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.