Toronto Dominion Bank Stock Today

TD Stock  CAD 80.75  0.58  0.72%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Toronto Dominion is selling at 80.75 as of the 31st of August 2024; that is 0.72 percent up since the beginning of the trading day. The stock's open price was 80.17. Toronto Dominion has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Toronto Dominion Bank are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of June 2024 and ending today, the 31st of August 2024. Click here to learn more.
Business Domain
Banks
Category
Financial Services
Classification
Financials
The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and services in Canada and the United States. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada. TORONTO DOMINION operates under BanksDiversified classification in Canada and is traded on Toronto Stock Exchange. The company has 1.75 B outstanding shares of which 50.42 M shares are at this time shorted by private and institutional investors with about 8.39 days to cover all short positions. More on Toronto Dominion Bank

Moving together with Toronto Stock

  0.76ELF E L FinancialPairCorr
  0.68FFH-PG Fairfax Fin HldPairCorr
  0.77FFH-PK Fairfax FinancialPairCorr
  0.76FFH-PI Fairfax FinancialPairCorr

Moving against Toronto Stock

  0.48PIC-A Premium IncomePairCorr

Toronto Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Toronto Dominion's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Toronto Dominion or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Toronto Dominion's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Toronto Dominion's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOBharat Masrani
Business ConcentrationDiversified Banks, Banks - Diversified, Financial Services, Financials, Banks, Banks—Diversified, Financial Services (View all Sectors)
Toronto Dominion's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Toronto Dominion's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Toronto Dominion can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Toronto Dominion's financial leverage. It provides some insight into what part of Toronto Dominion's total assets is financed by creditors.
Liquidity
Toronto Dominion cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Toronto Dominion Bank has accumulated 217.9 B in total debt with debt to equity ratio (D/E) of 0.15, which may suggest the company is not taking enough advantage from borrowing. Debt can assist Toronto Dominion until it has trouble settling it off, either with new capital or with free cash flow. So, Toronto Dominion's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Toronto Dominion Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Toronto to invest in growth at high rates of return. When we think about Toronto Dominion's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

(1.18 Billion)
Toronto Dominion Bank (TD) is traded on Toronto Exchange in Canada and employs 102,190 people. Toronto Dominion is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 141.14 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Toronto Dominion's market, we take the total number of its shares issued and multiply it by Toronto Dominion's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Toronto Dominion Bank classifies itself under Banks sector and is part of Financials industry. The entity has 1.75 B outstanding shares of which 50.42 M shares are at this time shorted by private and institutional investors with about 8.39 days to cover all short positions. Toronto Dominion Bank has accumulated about 542.82 B in cash with (65.3 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 299.41.
Check Toronto Dominion Probability Of Bankruptcy
Ownership Allocation
Toronto Dominion Bank shows a total of 1.75 Billion outstanding shares. Over half of Toronto Dominion's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Toronto Dominion Bank. Please watch out for any change in the institutional holdings of Toronto Dominion as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Toronto Ownership Details

Toronto Dominion Bank Risk Profiles

Although Toronto Dominion's alpha and beta are two of the key measurements used to evaluate Toronto Dominion's performance over the market, the standard measures of volatility play an important role as well.

Toronto Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Toronto Dominion without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Money Managers Now

   

Money Managers

Screen money managers from public funds and ETFs managed around the world
All  Next Launch Module

Toronto Dominion Corporate Directors

Nadir MohamedIndependent DirectorProfile
Alan MacGibbonIndependent DirectorProfile
David KeplerIndependent DirectorProfile
JeanRene HaldeIndependent DirectorProfile

Additional Information and Resources on Investing in Toronto Stock

When determining whether Toronto Dominion Bank is a strong investment it is important to analyze Toronto Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Toronto Dominion's future performance. For an informed investment choice regarding Toronto Stock, refer to the following important reports:
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 estimate.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between Toronto Dominion's value and its price as these two are different measures arrived at by different 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.