Views of Wall Street’s Leading Experts on Toronto Dominion Bank

With 3.26 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.8 million shares. During the session, the Banks – Diversified company that operates in wider Financial sector, reached to the highest price of $54.89 whereas the lowest price it dropped to was $54.21. The 52-week range on TD shows that it touched its highest point at $65.12 and its lowest point at $51.25 during that stretch. It currently has a 1-year price target of $55.23. With its current market cap of 95.63 billion, TD has annualized dividend of $3.01 while the current yield stands at 5.50%. Beta for the stock currently stands at 0.82.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TD was up-trending over the past week, with a rise of 2.94%, but this was up by 3.48% over a month. Three-month performance dropped to -14.36% while six-month performance fell -2.25%. The stock lost -15.18% in the past year, while it has gained 2.63% so far this year. A look at the trailing 12-month EPS for TD yields 3.47 with Next year EPS estimates of 5.84. For the next quarter, that number is 1.39. This implies an EPS growth rate of -1.97% for this year and 7.13% for next year. EPS is expected to grow by 4.29% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -5.91%.

Float and Shares Shorts:

At present, 1.75 billion TD shares are outstanding with a float of 1.75 billion shares on hand for trading. On 2024-11-15, short shares totaled 16.86 million, which was 95.999995 higher than short shares on 1728950400. In addition to Mr. Bharat B. Masrani as the firm’s Group President, CEO & Director, Mr. Kelvin Vi Luan Tran C.F.A. serves as its Group Head & CFO.

Institutional Ownership:

Through their ownership of 0.59566003 of TD’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TD since 21 analysts follow the stock currently. There are 15 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TD analysts setting a high price target of 89.79 and a low target of 79.086, the average target price over the next 12 months is 85.49167. Based on these targets, TD could surge 64.33% to reach the target high and rise by 44.74% to reach the target low. Reaching the average price target will result in a growth of 56.46% from current levels.

Analysts have provided yearly estimates in a range of $8.03913 being high and $7.8039 being low. For TD, this leads to a yearly average estimate of $7.90076.