Toronto-Dominion Bank (TSE:TD – Free Report) (NYSE:TD) had its price objective cut by Jefferies Financial Group from C$82.00 to C$74.00 in a report published on Monday, BayStreet.CA reports. They currently have a hold rating on the stock.
Other equities analysts have also issued research reports about the stock. National Bankshares reduced their price target on shares of Toronto-Dominion Bank from C$92.00 to C$84.00 and set a sector perform rating for the company in a research report on Friday. CIBC decreased their price target on shares of Toronto-Dominion Bank from C$88.00 to C$86.00 and set a neutral rating for the company in a research note on Friday, March 8th. Bank of America reduced their price objective on Toronto-Dominion Bank from C$88.00 to C$86.00 in a report on Wednesday, February 14th. Scotiabank raised Toronto-Dominion Bank from a sector perform rating to an outperform rating and lifted their price objective for the stock from C$86.00 to C$93.00 in a report on Wednesday, April 17th. Finally, Canaccord Genuity Group upped their price objective on shares of Toronto-Dominion Bank from C$95.00 to C$96.00 and gave the company a buy rating in a report on Friday, March 1st. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Toronto-Dominion Bank has an average rating of Moderate Buy and an average target price of C$89.23.
Toronto-Dominion Bank Stock Up 0.4 %
Toronto-Dominion Bank (TSE:TD – Get Free Report) (NYSE:TD) last issued its quarterly earnings results on Thursday, February 29th. The company reported C$2.00 EPS for the quarter, beating analysts’ consensus estimates of C$1.93 by C$0.07. Toronto-Dominion Bank had a return on equity of 10.72% and a net margin of 23.86%. The company had revenue of C$13.71 billion during the quarter, compared to the consensus estimate of C$12.63 billion. On average, equities analysts anticipate that Toronto-Dominion Bank will post 7.8654048 EPS for the current year.
Toronto-Dominion Bank Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Tuesday, April 30th were given a dividend of $1.02 per share. The ex-dividend date was Monday, April 8th. This represents a $4.08 annualized dividend and a yield of 5.43%. Toronto-Dominion Bank’s payout ratio is 64.45%.
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.
See Also
- Five stocks we like better than Toronto-Dominion Bank
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- 3 CEO-Led Turnaround Stocks You Can Still Buy
- Stock Average Calculator
- 3 Value Stocks You Can Buy Before They Become Big
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Chinese Stocks Stage Impressive Rebound
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.