Is Toronto Dominion Stock a Good Investment?

Toronto Dominion Investment Advice

  TD
To provide specific investment advice or recommendations on Toronto Dominion Bank stock, we recommend investors consider the following general factors when evaluating Toronto Dominion Bank. This will help you to make an informed decision on whether to include Toronto Dominion in one of your diversified portfolios:
  • Examine Toronto Dominion's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research Toronto Dominion's leadership team and their track record. Good management can help Toronto Dominion navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Diversified Banks space and any emerging trends that could impact Toronto Dominion's business and its evolving consumer preferences.
  • Compare Toronto Dominion's performance and market position to its competitors. Analyze how Toronto Dominion is positioned in terms of product offerings, innovation, and market share.
  • Check if Toronto Dominion pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about Toronto Dominion's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Toronto Dominion Bank stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Toronto Dominion Bank is a good investment.
 
Sell
 
Buy
Strong Buy
Macroaxis provides unbiased trade recommendation on Toronto Dominion Bank that should be used to complement current analysts and expert consensus on Toronto Dominion Bank. Our advice engine determines the firm's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Toronto Dominion Bank is not overpriced, please validate all Toronto Dominion fundamentals, including its gross profit, earnings per share, net asset, as well as the relationship between the total debt and market capitalization . Given that Toronto Dominion Bank has a number of shares shorted of 11.72 M, we advise you to double-check Toronto Dominion Bank market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails

Examine Toronto Dominion Stock

Researching Toronto Dominion's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 54.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.38. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Toronto Dominion Bank has Price/Earnings To Growth (PEG) ratio of 0.81. The entity last dividend was issued on the 10th of April 2025. The firm had 2:1 split on the 3rd of February 2014.
To determine if Toronto Dominion is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Toronto Dominion's research are outlined below:
On 31st of January 2025 Toronto Dominion paid $ 0.7481 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Dividend Investor Earning 5,500 a Month Shares Stock Portfolio and Early Retirement Plan, Says Hes Not Waiting for Social Security

Toronto Dominion Quarterly Liabilities And Stockholders Equity

2.09 Trillion

Toronto Dominion uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Toronto Dominion Bank. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Toronto Dominion's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
7th of March 2024
Upcoming Quarterly Report
View
23rd of May 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
5th of December 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of October 2023
Last Financial Announcement
View
Earnings surprises can significantly impact Toronto Dominion's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Toronto Dominion's investors have experienced.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
1995-08-23
1995-07-310.150.180.0320 
1999-08-19
1999-07-310.280.320.0414 
2000-08-17
2000-07-310.350.40.0514 
2000-02-18
2000-01-310.310.360.0516 
2007-02-22
2007-01-310.540.60.0611 
2004-11-24
2004-10-310.390.450.0615 
2004-02-26
2004-01-310.410.470.0614 
2000-05-18
2000-04-300.350.420.0720 

Toronto Dominion Target Price Consensus

Toronto target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Toronto Dominion's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   16  Buy
Most Toronto analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Toronto stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Toronto Dominion Bank, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Toronto Dominion Target Price Projection

Toronto Dominion's current and average target prices are 60.95 and 59.28, respectively. The current price of Toronto Dominion is the price at which Toronto Dominion Bank is currently trading. On the other hand, Toronto Dominion's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Toronto Dominion Market Quote on 25th of March 2025

Low Price60.67Odds
High Price61.24Odds

60.95

Target Price

Analyst Consensus On Toronto Dominion Target Price

Low Estimate53.94Odds
High Estimate65.8Odds

59.2787

Historical Lowest Forecast  53.94 Target Price  59.28 Highest Forecast  65.8
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Toronto Dominion Bank and the information provided on this page.

Toronto Dominion Analyst Ratings

Toronto Dominion's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Toronto Dominion stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Toronto Dominion's financials, market performance, and future outlook by experienced professionals. Toronto Dominion's historical ratings below, therefore, can serve as a valuable tool for investors.

Know Toronto Dominion's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Toronto Dominion is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Toronto Dominion Bank backward and forwards among themselves. Toronto Dominion's institutional investor refers to the entity that pools money to purchase Toronto Dominion's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Beutel, Goodman & Company Ltd.2024-12-31
16.8 M
Cibc Global Asset Management Inc2024-12-31
16.6 M
Massachusetts Financial Services Company2024-12-31
12.2 M
Manufacturers Life Insurance Co2024-12-31
11.6 M
Scotia Capital Inc2024-12-31
11 M
Geode Capital Management, Llc2024-12-31
10.5 M
Legal & General Group Plc2024-12-31
10 M
Federation Des Caisses Desjardins Du Quebec2024-12-31
9.9 M
Td Waterhouse Canada Inc2024-12-31
9.4 M
Royal Bank Of Canada2024-12-31
143.3 M
Bank Of Montreal2024-12-31
83.7 M
Note, although Toronto Dominion's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Toronto Dominion's market capitalization trends

The company currently falls under 'Mega-Cap' category with a market capitalization of 106.07 B.

Market Cap

129.65 Billion

Toronto Dominion's profitablity analysis

Last ReportedProjected for Next Year
Return On Tangible Assets 0.00  0.01 
Return On Capital Employed 0.01  0.01 
Return On Assets 0.00  0.01 
Return On Equity 0.09  0.14 
The company has Net Profit Margin (PM) of 0.17 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.27 %, which signifies that for every $100 of sales, it has a net operating income of $0.27.
Determining Toronto Dominion's profitability involves analyzing its financial statements and using various financial metrics to determine if Toronto Dominion is a good buy. For example, gross profit margin measures Toronto Dominion's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Toronto Dominion's profitability and make more informed investment decisions.
Please note, the presentation of Toronto Dominion's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Toronto Dominion's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Toronto Dominion's management manipulating its earnings.

Evaluate Toronto Dominion's management efficiency

At present, Toronto Dominion's Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.14, whereas Return On Capital Employed is forecasted to decline to 0.01. At present, Toronto Dominion's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 2.5 T, whereas Other Current Assets are projected to grow to (48.7 B). Toronto Dominion's management efficiency ratios could be used to measure how well Toronto Dominion manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 59.30  62.26 
Tangible Book Value Per Share 48.03  50.43 
Enterprise Value Over EBITDA 16.54  9.11 
Price Book Value Ratio 1.34  1.90 
Enterprise Value Multiple 16.54  9.11 
Price Fair Value 1.34  1.90 
Enterprise Value108.8 B114.2 B
Management at Toronto Dominion Bank focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Dividend Yield
0.0492
Forward Dividend Yield
0.0492
Forward Dividend Rate
2.93
Beta
0.818

Basic technical analysis of Toronto Stock

As of the 25th of March, Toronto Dominion has the Coefficient Of Variation of 530.84, semi deviation of 0.5705, and Risk Adjusted Performance of 0.1713. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Toronto Dominion Bank, as well as the relationship between them. Please validate Toronto Dominion Bank information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Toronto Dominion is priced more or less accurately, providing market reflects its prevalent price of 60.95 per share. Given that Toronto Dominion Bank has jensen alpha of 0.186, we advise you to double-check Toronto Dominion Bank's current market performance to make sure the company can sustain itself at a future point.

Toronto Dominion's Outstanding Corporate Bonds

Toronto Dominion issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Toronto Dominion Bank uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Toronto bonds can be classified according to their maturity, which is the date when Toronto Dominion Bank has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Understand Toronto Dominion's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Toronto Dominion's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

Consider Toronto Dominion's intraday indicators

Toronto Dominion intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Toronto Dominion stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Toronto Dominion Corporate Filings

24th of March 2025
Prospectus used primarily for registering securities for public sale.
ViewVerify
6K
21st of March 2025
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
FWP
7th of March 2025
A written communication used by offering participants to offer securities to the public or to solicit securities transactions.
ViewVerify
4th of March 2025
Other Reports
ViewVerify
Toronto Dominion time-series forecasting models is one of many Toronto Dominion's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Toronto Dominion's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Toronto Stock media impact

Far too much social signal, news, headlines, and media speculation about Toronto Dominion that are available to investors today. That information is available publicly through Toronto media outlets and privately through word of mouth or via Toronto internal channels. However, regardless of the origin, that massive amount of Toronto data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Toronto Dominion news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Toronto Dominion relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Toronto Dominion's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Toronto Dominion alpha.

Toronto Dominion Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Toronto Dominion can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Toronto Dominion Bank Historical Investor Sentiment

Investor biases related to Toronto Dominion's public news can be used to forecast risks associated with an investment in Toronto. The trend in average sentiment can be used to explain how an investor holding Toronto can time the market purely based on public headlines and social activities around Toronto Dominion Bank. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Toronto Dominion's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Toronto Dominion and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Toronto Dominion news discussions. The higher the estimate score, the more favorable the investor's outlook on Toronto Dominion.

Toronto Dominion Maximum Pain Price Across May 16th 2025 Option Contracts

Toronto Dominion's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Toronto Dominion close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Toronto Dominion's options.

Toronto Dominion Corporate Directors

Nadir MohamedIndependent DirectorProfile
Alan MacGibbonIndependent DirectorProfile
David KeplerIndependent DirectorProfile
JeanRene HaldeIndependent DirectorProfile
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toronto Dominion Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
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Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toronto Dominion. If investors know Toronto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toronto Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0)
Dividend Share
4.11
Earnings Share
3.3
Revenue Per Share
30.459
Quarterly Revenue Growth
0.01
The market value of Toronto Dominion Bank is measured differently than its book value, which is the value of Toronto that is recorded on the company's balance sheet. Investors also form their own opinion of Toronto Dominion's value that differs from its market value or its book value, called intrinsic value, which is Toronto Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toronto Dominion's market value can be influenced by many factors that don't directly affect Toronto Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Toronto Dominion's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Toronto Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toronto Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.