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.
ILLEGAL ACTIVITY NOTICE: This piece of content was originally posted by Enterprise Leader and is the sole property of of Enterprise Leader. If you are reading this piece of content on another site, it was illegally stolen and reposted in violation of US & international copyright & trademark legislation. The original version of this piece of content can be viewed at https://theenterpriseleader.com/2019/05/21/toronto-dominion-bank-td-scheduled-to-post-quarterly-earnings-on-thursday.html.
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.
Featured Story: How to interpret the current ratio
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.