Desjardins Issues Optimistic Estimate for TSE:TD Earnings

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) – Research analysts at Desjardins boosted their Q2 2025 earnings per share (EPS) estimates for Toronto-Dominion Bank in a research report issued to clients and investors on Thursday, February 27th. Desjardins analyst D. Young now anticipates that the company will earn $1.90 per share for the quarter, up from their prior forecast of $1.86. Desjardins currently 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.

Several other equities research analysts have also recently commented on the company. Cormark cut their price target on Toronto-Dominion Bank from C$99.00 to C$94.00 in a report on Friday, December 6th. Royal Bank of Canada increased their price target on Toronto-Dominion Bank from C$77.00 to C$86.00 and gave the company a “sector perform” rating in a report on Wednesday, January 8th. Canaccord Genuity Group increased their price target on Toronto-Dominion Bank from C$87.00 to C$89.00 in a report on Monday, December 16th. Scotiabank cut their target price on Toronto-Dominion Bank from C$83.00 to C$82.00 and set a “sector perform” rating for the company in a research note on Thursday, February 20th. Finally, UBS Group raised their target price on Toronto-Dominion Bank from C$83.00 to C$90.00 in a research note on Friday, February 14th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of C$88.83.

Toronto-Dominion Bank Price Performance

Shares of Toronto-Dominion Bank stock opened at C$86.41 on Monday. The business has a 50 day simple moving average of C$81.68 and a two-hundred day simple moving average of C$80.74. Toronto-Dominion Bank has a 12 month low of C$73.22 and a 12 month high of C$87.99. The stock has a market capitalization of C$151.60 billion, a P/E ratio of 17.12, a PEG ratio of 1.22 and a beta of 0.82.

Toronto-Dominion Bank Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Thursday, April 10th will be given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 4.86%. Toronto-Dominion Bank’s dividend payout ratio (DPR) is currently 80.84%.

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.