3 days Ago By ABMN Staff
The Toronto-Dominion Bank ( NYSE:TD – Get Free Report ) (TSE:TD) has earned an average recommendation of “Hold” from the ten brokerages that are covering the company, MarketBeat reports. Eight analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $84.
00. Several analysts have issued reports on TD shares. StockNews.
com downgraded Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research note on Thursday, August 22nd. Royal Bank of Canada cut Toronto-Dominion Bank from an “outperform” rating to a “sector perform” rating in a research note on Friday, October 11th. Finally, National Bank Financial raised shares of Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating in a research note on Thursday, August 22nd.
Read Our Latest Report on TD Institutional Trading of Toronto-Dominion Bank Toronto-Dominion Bank Price Performance Shares of TD stock opened at $56.27 on Friday. The company has a current ratio of 1.
02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.10.
The firm has a market capitalization of $98.39 billion, a price-to-earnings ratio of 17.98, a PEG ratio of 1.
59 and a beta of 0.82. The firm’s 50 day moving average is $59.
36 and its 200-day moving average is $57.72. Toronto-Dominion Bank has a 1 year low of $53.
52 and a 1 year high of $65.12. Toronto-Dominion Bank ( NYSE:TD – Get Free Report ) (TSE:TD) last announced its quarterly earnings results on Thursday, August 22nd.
The bank reported $2.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.
56. The business had revenue of $14.18 billion for the quarter, compared to the consensus estimate of $9.
40 billion. Toronto-Dominion Bank had a net margin of 6.94% and a return on equity of 14.
34%. Toronto-Dominion Bank’s revenue for the quarter was up 9.8% on a year-over-year basis.
During the same period last year, the company posted $1.48 EPS. Sell-side analysts forecast that Toronto-Dominion Bank will post 5.
8 EPS for the current fiscal year. Toronto-Dominion Bank Cuts Dividend The firm also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Thursday, October 10th were given a $0.
739 dividend. This represents a $2.96 dividend on an annualized basis and a yield of 5.
25%. The ex-dividend date of this dividend was Thursday, October 10th. Toronto-Dominion Bank’s dividend payout ratio is presently 96.
49%. Toronto-Dominion Bank Company Profile ( Get Free Report 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. Featured Articles Receive News & Ratings for Toronto-Dominion Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toronto-Dominion Bank and related companies with MarketBeat.
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