Desjardins Has Positive Estimate for TD Q3 Earnings

Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) – Investment analysts at Desjardins increased their Q3 2025 earnings per share (EPS) estimates for shares of Toronto Dominion Bank in a note issued to investors on Tuesday, August 12th. Desjardins analyst D. Young now expects that the bank will earn $1.47 per share for the quarter, up from their prior forecast of $1.38. Desjardins has a “Buy” rating on the stock. The consensus estimate for Toronto Dominion Bank’s current full-year earnings is $5.48 per share. Desjardins also issued estimates for Toronto Dominion Bank’s FY2025 earnings at $5.84 EPS and FY2026 earnings at $6.35 EPS.

Toronto Dominion Bank (NYSE:TD) (TSE:TD) last released its quarterly earnings results on Thursday, May 22nd. The bank reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.14. The company had revenue of $10.97 billion during the quarter, compared to analysts’ expectations of $13.36 billion. Toronto Dominion Bank had a return on equity of 13.11% and a net margin of 13.53%. During the same quarter in the prior year, the business posted $2.04 earnings per share.

TD has been the topic of a number of other reports. Scotiabank began coverage on shares of Toronto Dominion Bank in a research report on Thursday, May 15th. They set a “sector perform” rating on the stock. Wall Street Zen upgraded shares of Toronto Dominion Bank from a “sell” rating to a “hold” rating in a research note on Saturday, May 24th. Finally, Royal Bank Of Canada boosted their target price on Toronto Dominion Bank from $87.00 to $93.00 and gave the stock a “sector perform” rating in a report on Friday, May 23rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Toronto Dominion Bank currently has a consensus rating of “Hold” and an average price target of $93.00.

Toronto Dominion Bank Stock Performance

TD stock opened at $74.52 on Thursday. The company has a 50-day simple moving average of $73.03 and a 200 day simple moving average of $65.27. The company has a market capitalization of $127.81 billion, a P/E ratio of 10.93, a PEG ratio of 1.68 and a beta of 0.84. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.09. Toronto Dominion Bank has a fifty-two week low of $51.25 and a fifty-two week high of $75.58.

Toronto Dominion Bank Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Thursday, July 10th were issued a $0.7568 dividend. This represents a $3.03 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, July 10th. This is a positive change from Toronto Dominion Bank’s previous quarterly dividend of $0.73. Toronto Dominion Bank’s dividend payout ratio is currently 45.31%.

Institutional Investors Weigh In On Toronto Dominion Bank

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Oppenheimer & Co. Inc. boosted its stake in shares of Toronto Dominion Bank by 144.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 11,532 shares of the bank’s stock worth $691,000 after acquiring an additional 6,818 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Toronto Dominion Bank by 7.0% during the first quarter. Bank of New York Mellon Corp now owns 1,606,446 shares of the bank’s stock valued at $96,290,000 after purchasing an additional 104,864 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Toronto Dominion Bank by 1.5% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 12,396,341 shares of the bank’s stock valued at $743,037,000 after purchasing an additional 181,781 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Toronto Dominion Bank by 38.6% in the 1st quarter. JPMorgan Chase & Co. now owns 9,994,402 shares of the bank’s stock valued at $599,064,000 after purchasing an additional 2,780,984 shares during the period. Finally, Williams Financial LLC purchased a new position in Toronto Dominion Bank in the 1st quarter worth about $228,000. 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.