Q3 EPS Estimates for TD Raised by National Bank Financial

The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) – Stock analysts at National Bank Financial boosted their Q3 2025 EPS estimates for shares of Toronto-Dominion Bank in a research note issued on Thursday, May 22nd. National Bank Financial analyst G. Dechaine now forecasts that the bank will post earnings per share of $1.51 for the quarter, up from their prior estimate of $1.43. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $5.48 per share. National Bank Financial also issued estimates for Toronto-Dominion Bank’s Q4 2025 earnings at $1.40 EPS and FY2025 earnings at $5.77 EPS.

Several other equities analysts also recently weighed in on TD. Scotiabank initiated coverage on shares of Toronto-Dominion Bank in a research note on Thursday, May 15th. They issued a “sector perform” rating on the stock. Royal Bank of Canada increased their price objective on shares of Toronto-Dominion Bank from $87.00 to $93.00 and gave the company a “sector perform” rating in a report on Friday. Jefferies Financial Group cut Toronto-Dominion Bank from a “buy” rating to a “hold” rating in a report on Tuesday, February 18th. Finally, Wall Street Zen upgraded Toronto-Dominion Bank from a “sell” rating to a “hold” rating in a research report on Saturday. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $93.00.

Toronto-Dominion Bank Trading Up 1.1%

Shares of TD stock opened at $67.70 on Monday. Toronto-Dominion Bank has a fifty-two week low of $51.25 and a fifty-two week high of $68.05. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.03 and a current ratio of 1.03. The stock’s fifty day moving average is $61.54 and its two-hundred day moving average is $58.23. The firm has a market capitalization of $117.51 billion, a P/E ratio of 19.51, a PEG ratio of 1.95 and a beta of 0.81.

Toronto-Dominion Bank (NYSE:TD) (TSE:TD) last issued its quarterly earnings results on Thursday, May 22nd. The bank reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.14. Toronto-Dominion Bank had a return on equity of 13.96% and a net margin of 7.37%. The firm had revenue of $10.97 billion for the quarter, compared to analyst estimates of $13.36 billion. During the same period in the previous year, the company posted $2.04 earnings per share.

Institutional Investors Weigh In On Toronto-Dominion Bank

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TD. Larson Financial Group LLC grew its holdings in shares of Toronto-Dominion Bank by 122.9% during the 1st quarter. Larson Financial Group LLC now owns 428 shares of the bank’s stock worth $26,000 after purchasing an additional 236 shares during the period. Lee Danner & Bass Inc. acquired a new position in Toronto-Dominion Bank in the fourth quarter valued at about $27,000. Financial Management Professionals Inc. boosted its stake in Toronto-Dominion Bank by 322.4% during the first quarter. Financial Management Professionals Inc. now owns 490 shares of the bank’s stock worth $29,000 after buying an additional 374 shares during the period. Bank of Jackson Hole Trust acquired a new stake in shares of Toronto-Dominion Bank during the fourth quarter valued at about $32,000. Finally, Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Toronto-Dominion Bank in the 1st quarter valued at approximately $32,000. Institutional investors and hedge funds own 52.37% of the company’s stock.

Toronto-Dominion Bank Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 10th will be paid a $0.7568 dividend. This is a boost from Toronto-Dominion Bank’s previous quarterly dividend of $0.73. The ex-dividend date is Thursday, July 10th. This represents a $3.03 annualized dividend and a dividend yield of 4.47%. Toronto-Dominion Bank’s dividend payout ratio is 42.67%.

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.