2 weeks Ago By ABMN Staff
The Toronto-Dominion Bank ( NYSE:TD – Free Report ) (TSE:TD) – Analysts at Desjardins lowered their Q4 2024 earnings per share (EPS) estimates for shares of Toronto-Dominion Bank in a note issued to investors on Friday, November 1st. Desjardins analyst D. Young now expects that the bank will post earnings of $1.
28 per share for the quarter, down from their prior estimate of $1.33. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $5.
82 per share. Toronto-Dominion Bank ( NYSE:TD – Get Free Report ) (TSE:TD) last announced its earnings results on Thursday, August 22nd. The bank reported $2.
05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.56.
Toronto-Dominion Bank had a net margin of 6.94% and a return on equity of 14.34%.
The company had revenue of $14.18 billion during the quarter, compared to analyst estimates of $9.40 billion.
During the same period in the previous year, the business posted $1.48 earnings per share. The firm’s quarterly revenue was up 9.
8% compared to the same quarter last year. Get Our Latest Stock Report on TD Toronto-Dominion Bank Stock Up 1.2 % TD stock opened at $55.
68 on Monday. Toronto-Dominion Bank has a twelve month low of $53.52 and a twelve month high of $65.
12. The stock has a market cap of $97.36 billion, a P/E ratio of 17.
79, a PEG ratio of 1.56 and a beta of 0.82.
The business’s 50-day moving average price is $59.98 and its 200-day moving average price is $57.87.
The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.
10. Toronto-Dominion Bank Cuts Dividend The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 10th were paid a $0.
739 dividend. The ex-dividend date of this dividend was Thursday, October 10th. This represents a $2.
96 dividend on an annualized basis and a dividend yield of 5.31%. Toronto-Dominion Bank’s payout ratio is currently 96.
49%. Institutional Trading of Toronto-Dominion Bank A number of hedge funds have recently modified their holdings of the stock. National Bank of Canada FI increased its position in shares of Toronto-Dominion Bank by 6.
2% in the first quarter. National Bank of Canada FI now owns 29,655,117 shares of the bank’s stock valued at $1,677,917,000 after buying an additional 1,736,931 shares in the last quarter. Mackenzie Financial Corp raised its position in shares of Toronto-Dominion Bank by 0.
8% in the second quarter. Mackenzie Financial Corp now owns 25,997,122 shares of the bank’s stock valued at $1,429,186,000 after buying an additional 218,807 shares during the last quarter. 1832 Asset Management L.
P. boosted its holdings in shares of Toronto-Dominion Bank by 6.0% during the 2nd quarter.
1832 Asset Management L.P. now owns 25,803,480 shares of the bank’s stock worth $1,418,159,000 after purchasing an additional 1,462,794 shares during the last quarter.
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in shares of Toronto-Dominion Bank by 9.6% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 13,814,269 shares of the bank’s stock worth $759,449,000 after acquiring an additional 1,206,574 shares during the last quarter.
Finally, Massachusetts Financial Services Co. MA boosted its holdings in Toronto-Dominion Bank by 3.1% in the 2nd quarter.
Massachusetts Financial Services Co. MA now owns 11,884,896 shares of the bank’s stock valued at $653,194,000 after purchasing an additional 358,283 shares during the last quarter. Hedge funds and other institutional investors own 52.
37% of the company’s stock. 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 Stories 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.
com's FREE daily email newsletter ..
