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Morningstar

The Toronto-Dominion Bank TD Stock Quote

Morningstar Rating
| Rating as of

NYSE: TD

Last close prices updated as of Jun 09, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 59.27
  • Sector Financial Services
  • Industry Banks - Diversified
  • Investment Style Large Blend
  • Day Range 58.96  –  59.78
  • Year Range 55.43  –  72.27
  • Market Cap 108.9679 Bil
  • Volume / Avg 1.5 Mil /  2.8 Mil
  • Price / Sales 2.94
  • Price / Book 1.39
  • Forward Div Yield 4.80%
  • Trailing Div Yield 6.24%

Morningstar‘s Stock Analysis TD

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Toronto-Dominion Earnings: Pressure Emerging From Bank’s U.S. Exposure

Eric Compton Strategist

Analyst Note

| Eric Compton |

Wide-moat-rated Toronto-Dominion reported OK fiscal second-quarter earnings. Adjusted earnings per share were CAD 1.94, representing a year-over-year decline of 4% and a sequential decline of 13%. Results continue to be a bit messy, with a number of adjusting items related to the canceled First Horizon acquisition, while the Cowen acquisition was closed during the quarter. With the First Horizon acquisition now canceled, a number of these one-time items should cease, while the Cowen run rate will become more clear as the year progresses. As a reminder, we had felt the First Horizon acquisition was fully priced and assigned no additional value from its completion, so its cancelation does not materially affect our view of Toronto-Dominion’s fair value.

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Key Statistics TD

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Company Profile TD

Business Description

Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank’s U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.

Contact
C/o General Counsel’s Office, P.O. Box 1, Toronto-Dominion Centre, King St. W. and Bay St.
Toronto, ON, M5K 1A2, CAN
Sector Financial Services
Industry Banks - Diversified
Employees 94,945

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Related News TD

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Competitors & Peers TD

More on TD’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of TD’s competitive advantage.

The Toronto-Dominion Bank

XNYS: TD

Bank of Montreal

XTSE: BMO

Bank of Nova Scotia

XTSE: BNS

Canadian Imperial Bank of Commerce

XTSE: CM
Price
59.27116.3466.1357.05
Currency
USDCADCADCAD
Change
+$0.10 (0.17%) −$0.85 (0.73%) −$0.18 (0.27%) −$0.28 (0.49%)
Market Cap
108.97 Bil82.95 Bil79.24 Bil52.36 Bil
Industry
Banks - Diversified Banks - Diversified Banks - Diversified Banks - Diversified
Sector
Financial Services
Financial Services
Financial Services
Financial Services

* Trading data in this section is delayed by at least 15 minutes.

FAQs for The Toronto-Dominion Bank Stock

Yes. TD has a forward dividend yield of 4.80%. See TD’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

TD’s market cap is 108.97 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

TD’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

TD’s price/sales is 2.94.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

TD’s price/forward earnings is 9.98.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

TD’s price/book is 1.42.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See TD’s valuation ratios compared to the Market Index.

TD’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare TD’s historical performance against its industry peers and the overall market.