What is Cormark’s Estimate for TSE:TD Q4 Earnings?

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) – Equities research analysts at Cormark issued their Q4 2024 EPS estimates for Toronto-Dominion Bank in a research report issued to clients and investors on Monday, November 25th. Cormark analyst L. Persaud forecasts that the company will post earnings of $1.81 per share for the quarter. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $7.22 per share.

Other research analysts also recently issued research reports about the company. Royal Bank of Canada downgraded Toronto-Dominion Bank from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from C$88.00 to C$82.00 in a research note on Friday, October 11th. Jefferies Financial Group increased their target price on shares of Toronto-Dominion Bank from C$73.00 to C$82.00 and gave the stock a “hold” rating in a report on Monday, August 12th. Scotiabank increased their target price on shares of Toronto-Dominion Bank from C$86.00 to C$98.00 in a report on Monday. Barclays cut shares of Toronto-Dominion Bank from a “hold” rating to a “strong sell” rating in a report on Thursday, November 21st. Finally, Desjardins dropped their target price on shares of Toronto-Dominion Bank from C$91.00 to C$90.00 and set a “buy” rating for the company in a report on Friday, August 23rd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of C$87.42.

Toronto-Dominion Bank Price Performance

Shares of TSE TD opened at C$78.63 on Wednesday. The business has a fifty day moving average price of C$81.09 and a two-hundred day moving average price of C$79.14. The stock has a market capitalization of C$137.60 billion, a PE ratio of 18.20, a P/E/G ratio of 1.22 and a beta of 0.82. Toronto-Dominion Bank has a fifty-two week low of C$73.67 and a fifty-two week high of C$87.99.

Toronto-Dominion Bank Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 31st were given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 5.19%. The ex-dividend date was Thursday, October 10th. Toronto-Dominion Bank’s dividend payout ratio (DPR) is 94.44%.

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.