Desjardins Has Negative Outlook of TD FY2025 Earnings

The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) – Equities researchers at Desjardins cut their FY2025 EPS estimates for shares of Toronto-Dominion Bank in a research note issued to investors on Thursday, December 5th. Desjardins analyst D. Young now forecasts that the bank will earn $5.54 per share for the year, down from their previous forecast of $5.96. Desjardins currently has a “Hold” rating on the stock. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $5.61 per share. Desjardins also issued estimates for Toronto-Dominion Bank’s Q4 2025 earnings at $1.45 EPS and FY2026 earnings at $5.93 EPS.

A number of other research analysts have also weighed in on TD. StockNews.com raised shares of Toronto-Dominion Bank from a “sell” rating to a “hold” rating in a report on Monday. Royal Bank of Canada decreased their target price on Toronto-Dominion Bank from $82.00 to $77.00 and set a “sector perform” rating for the company in a research report on Friday, December 6th. Scotiabank downgraded Toronto-Dominion Bank from a “sector outperform” rating to a “sector perform” rating in a research report on Friday, December 6th. National Bank Financial upgraded Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating in a report on Thursday, August 22nd. Finally, Barclays downgraded Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a report on Thursday, November 21st. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Toronto-Dominion Bank currently has a consensus rating of “Hold” and an average price target of $80.50.

Toronto-Dominion Bank Trading Up 0.9 %

Shares of TD opened at $53.11 on Monday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.02 and a quick ratio of 1.02. Toronto-Dominion Bank has a 1 year low of $51.74 and a 1 year high of $65.12. The company has a 50 day simple moving average of $57.09 and a two-hundred day simple moving average of $57.64. The firm has a market cap of $92.96 billion, a P/E ratio of 15.31, a price-to-earnings-growth ratio of 1.79 and a beta of 0.82.

Toronto-Dominion Bank Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 10th will be issued a dividend of $0.7482 per share. This represents a $2.99 annualized dividend and a dividend yield of 5.63%. The ex-dividend date of this dividend is Friday, January 10th. This is a positive change from Toronto-Dominion Bank’s previous quarterly dividend of $0.74. Toronto-Dominion Bank’s payout ratio is currently 89.34%.

Institutional Trading of Toronto-Dominion Bank

A number of hedge funds and other institutional investors have recently modified their holdings of TD. Dunhill Financial LLC increased its position in shares of Toronto-Dominion Bank by 164.9% during the 3rd quarter. Dunhill Financial LLC now owns 400 shares of the bank’s stock worth $25,000 after purchasing an additional 249 shares during the last quarter. Triad Wealth Partners LLC purchased a new position in shares of Toronto-Dominion Bank in the 2nd quarter valued at about $31,000. Blue Trust Inc. boosted its stake in shares of Toronto-Dominion Bank by 50.7% in the 2nd quarter. Blue Trust Inc. now owns 630 shares of the bank’s stock valued at $38,000 after buying an additional 212 shares during the period. Kimelman & Baird LLC purchased a new stake in Toronto-Dominion Bank during the second quarter worth approximately $49,000. Finally, Morse Asset Management Inc purchased a new stake in Toronto-Dominion Bank during the third quarter worth approximately $63,000. 52.37% of the stock is owned by institutional investors and hedge funds.

About Toronto-Dominion Bank

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.