Toronto-Dominion Bank (TSE:TD) (NYSE:TD) – Investment analysts at Cormark increased their FY2018 earnings per share (EPS) estimates for Toronto-Dominion Bank in a research note issued on Friday, according to Zacks Investment Research. Cormark analyst M. Grauman now anticipates that the company will post earnings of $6.14 per share for the year, up from their prior forecast of $6.02. Cormark also issued estimates for Toronto-Dominion Bank’s FY2019 earnings at $6.60 EPS.
Several other equities analysts also recently commented on TD. BMO Capital Markets increased their target price on Toronto-Dominion Bank from C$74.00 to C$76.00 in a research report on Friday, December 1st. Canaccord Genuity increased their target price on Toronto-Dominion Bank from C$78.00 to C$80.00 in a research report on Friday, December 1st. CSFB increased their price target on Toronto-Dominion Bank from C$75.00 to C$77.00 in a research note on Friday, December 1st. Eight Capital increased their price target on Toronto-Dominion Bank from C$73.00 to C$76.00 in a research note on Friday, December 1st. Finally, National Bank Financial increased their price target on Toronto-Dominion Bank from C$74.00 to C$78.00 and gave the company an “outperform” rating in a research note on Friday, December 1st. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of C$81.25.
Toronto-Dominion Bank (TD) traded down C$0.04 during trading on Monday, reaching C$75.63. The company’s stock had a trading volume of 1,241,690 shares, compared to its average volume of 3,401,207. The company has a market capitalization of $139,490.00, a P/E ratio of 14.02 and a beta of 0.55. Toronto-Dominion Bank has a 1 year low of C$61.50 and a 1 year high of C$76.11.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Tuesday, April 10th will be paid a $0.67 dividend. This is a boost from Toronto-Dominion Bank’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend is Monday, April 9th. This represents a $2.68 annualized dividend and a dividend yield of 3.54%. Toronto-Dominion Bank’s dividend payout ratio is presently 44.36%.
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Toronto-Dominion Bank Company Profile
Toronto-Dominion Bank (the Bank) is a Canada-based bank, which operates in the North America. It is an online financial services firm, with over 10.2 million online and mobile customers. Its segments include Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. The Canadian Retail segment provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses.
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