Desjardins Issues Optimistic Estimate for TSE:TD Earnings

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) – Investment analysts at Desjardins lifted their Q2 2025 earnings per share estimates for shares of Toronto-Dominion Bank in a report issued on Thursday, February 27th. Desjardins analyst D. Young now forecasts that the company will post earnings of $1.90 per share for the quarter, up from their prior estimate of $1.86. Desjardins has a “Hold” rating on the stock. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $7.22 per share. Desjardins also issued estimates for Toronto-Dominion Bank’s Q3 2025 earnings at $1.96 EPS, Q4 2025 earnings at $2.02 EPS and FY2025 earnings at $7.90 EPS.

A number of other equities research analysts have also issued reports on TD. Scotiabank reduced their target price on Toronto-Dominion Bank from C$83.00 to C$82.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 20th. Jefferies Financial Group lowered Toronto-Dominion Bank from a “buy” rating to a “hold” rating and upped their target price for the company from C$90.00 to C$99.00 in a research note on Tuesday, February 18th. UBS Group boosted their price target on Toronto-Dominion Bank from C$83.00 to C$90.00 in a report on Friday, February 14th. National Bankshares dropped their price objective on Toronto-Dominion Bank from C$85.00 to C$80.00 in a report on Friday, December 6th. Finally, BMO Capital Markets upgraded Toronto-Dominion Bank from a “market perform” rating to an “outperform” rating and set a C$90.00 price objective for the company in a report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of C$88.83.

Toronto-Dominion Bank Price Performance

Shares of TSE:TD opened at C$86.41 on Monday. The business’s 50 day simple moving average is C$81.68 and its 200-day simple moving average is C$80.74. The firm has a market capitalization of C$151.60 billion, a price-to-earnings ratio of 17.12, a price-to-earnings-growth ratio of 1.22 and a beta of 0.82. Toronto-Dominion Bank has a 12 month low of C$73.22 and a 12 month high of C$87.99.

Toronto-Dominion Bank Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 10th will be paid a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 4.86%. Toronto-Dominion Bank’s payout ratio is currently 80.84%.

Toronto-Dominion Bank Company Profile

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.