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Toronto-Dominion Bank (NYSE:TD) hit a new 52-week high during mid-day trading on Friday , AnalystRatings.Net reports. The company traded as high as $50.98 and last traded at $50.76, with a volume of 386,875 shares trading hands. The stock had previously closed at $50.59.

Separately, analysts at Canaccord Genuity initiated coverage on shares of Toronto-Dominion Bank in a research note on Thursday, May 1st. They set a “hold” rating on the stock. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $103.00.

The stock has a 50-day moving average of $48.99 and a 200-day moving average of $46.44. The company has a market cap of $93.871 billion and a P/E ratio of 14.66.

Toronto-Dominion Bank (NYSE:TD) last posted its quarterly earnings results on Thursday, May 22nd. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.07. The company had revenue of $7.44 billion for the quarter, compared to the consensus estimate of $6.80 billion. During the same quarter in the previous year, the company posted $1.90 earnings per share. The company’s revenue for the quarter was up 12.5% on a year-over-year basis. Analysts expect that Toronto-Dominion Bank will post $4.28 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Thursday, July 31st. Stockholders of record on Wednesday, July 9th will be given a dividend of $0.4322 per share. This represents a $1.73 dividend on an annualized basis and a yield of 3.39%. The ex-dividend date of this dividend is Monday, July 7th.

The Toronto-Dominion Bank is a Canada-based bank. The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (NYSE:TD).

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