Toronto-Dominion Bank (TD) Scheduled to Post Quarterly Earnings on Thursday

Toronto-Dominion Bank (NYSE:TD) (TSE:TD) is set to issue its quarterly earnings data before the market opens on Thursday, May 23rd. Analysts expect the company to announce earnings of $1.29 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Toronto-Dominion Bank (NYSE:TD) (TSE:TD) last announced its earnings results on Thursday, February 28th. The bank reported $1.18 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.31 by ($0.13). Toronto-Dominion Bank had a return on equity of 16.36% and a net margin of 20.48%. The business had revenue of $7.51 billion for the quarter, compared to analyst estimates of $7.35 billion. On average, analysts expect Toronto-Dominion Bank to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of NYSE:TD opened at $55.61 on Tuesday. Toronto-Dominion Bank has a 12-month low of $47.73 and a 12-month high of $62.00. The company has a market cap of $100.98 billion, a price-to-earnings ratio of 11.06, a price-to-earnings-growth ratio of 1.57 and a beta of 1.06. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.12.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Wednesday, April 10th were given a dividend of $0.564 per share. This represents a $2.26 dividend on an annualized basis and a dividend yield of 4.06%. The ex-dividend date was Tuesday, April 9th. This is a positive change from Toronto-Dominion Bank’s previous quarterly dividend of $0.51. Toronto-Dominion Bank’s dividend payout ratio is presently 44.14%.

TD has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of Toronto-Dominion Bank from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a research report on Tuesday, January 22nd. BMO Capital Markets restated a “buy” rating on shares of Toronto-Dominion Bank in a research report on Thursday, February 28th. Finally, Barclays restated a “hold” rating on shares of Toronto-Dominion Bank in a research report on Friday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $60.00.

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Toronto-Dominion Bank Company Profile

The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and services in Canada and the United States. The company operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. It offers personal deposits, such as checking, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; financing options to customers at point of sale for automotive and recreational vehicle purchases through auto dealer network; credit cards; investing, advice-based, and asset management services to retail and institutional clients; and property and casualty insurance, as well as life and health insurance products.

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Earnings History for Toronto-Dominion Bank (NYSE:TD)

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