News headlines about Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) have been trending somewhat positive recently, according to Accern. Accern scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Toronto Dominion Bank (The) earned a news impact score of 0.14 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 46.1704742426427 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have effected Accern Sentiment’s rankings:
- TD Asset Management Inc. Announces Monthly Distribution for August 2017 – Markets Insider (markets.businessinsider.com)
- Toronto-Dominion Bank (TD) Sees Awesome Oscillator Trending Lower – FLBC News (flbcnews.com)
- Toronto Dominion Bank Bought A Little More Toronto Dominion Bank (The) (TD) Stock Last Quarter – Modern Readers (modernreaders.com)
- Brokers Set Expectations for Toronto Dominion Bank (The)’s Q3 2017 Earnings (TD) (americanbankingnews.com)
- Toronto Dominion Bank (The) (TD) Receives Average Rating of “Buy” from Brokerages (americanbankingnews.com)
Toronto Dominion Bank (NYSE:TD) traded up 0.80% on Friday, reaching $50.65. 1,027,882 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $51.02 and a 200-day moving average of $49.80. The stock has a market cap of $93.37 billion, a price-to-earnings ratio of 12.71 and a beta of 0.89. Toronto Dominion Bank has a one year low of $43.09 and a one year high of $54.44.
Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) last announced its earnings results on Thursday, May 25th. The bank reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.08. The company had revenue of $8.47 billion for the quarter, compared to analyst estimates of $8.72 billion. Toronto Dominion Bank (The) had a return on equity of 14.09% and a net margin of 22.56%. Toronto Dominion Bank (The)’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.20 earnings per share. Equities research analysts forecast that Toronto Dominion Bank will post $4.20 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Monday, July 31st. Stockholders of record on Monday, July 10th were given a dividend of $0.444 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date was Thursday, July 6th. Toronto Dominion Bank (The)’s dividend payout ratio (DPR) is presently 48.18%.
TD has been the subject of a number of recent analyst reports. Barclays PLC upgraded shares of Toronto Dominion Bank (The) from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, May 23rd. BidaskClub upgraded shares of Toronto Dominion Bank (The) from a “hold” rating to a “buy” rating in a research report on Sunday, July 16th. Canaccord Genuity started coverage on shares of Toronto Dominion Bank (The) in a research report on Tuesday, July 18th. They set a “buy” rating for the company. Zacks Investment Research lowered shares of Toronto Dominion Bank (The) from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Finally, National Bank Financial reiterated a “sector perform overweight” rating on shares of Toronto Dominion Bank (The) in a research report on Thursday, May 18th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the stock. Toronto Dominion Bank (The) presently has a consensus rating of “Buy” and a consensus target price of $61.71.
About Toronto Dominion Bank (The)
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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