Toronto Dominion Bank Stock Today

Toronto Dominion is trading at 55.63 as of the 16th of June 2024, a 1.39 percent increase since the beginning of the trading day. The stock's lowest day price was 54.71. Equity ratings for Toronto Dominion Bank are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of May 2024 and ending today, the 16th of June 2024. Click here to learn more.
Business Domain
Banks
IPO Date
30th of August 1996
Category
Financial Services
Classification
Financials
Valuation Options
Fiscal Year End 5th of December 2024

Toronto Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOBharat Masrani
Thematic Ideas
Showing 3 out of 4 themes
Business ConcentrationDiversified Banks, Banks - Diversified, Financial Services, NYSE Composite, Momentum, Baby Boomer Prospects, Giant Impact, Banking, Financials, Banks, Banks—Diversified, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00580.005
Fairly Up
Slightly volatile
Asset Turnover0.03470.0311
Moderately Up
Pretty Stable
Gross Profit Margin1.091.14
Sufficiently Down
Slightly volatile
Total Current Liabilities360.3 B343.1 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total189.5 B180.5 B
Sufficiently Up
Slightly volatile
Total Assets2.4 T2.3 T
Sufficiently Up
Slightly volatile
Total Current Assets232.9 B221.8 B
Sufficiently Up
Slightly volatile
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 Bank reports 411.43 B of total liabilities with total debt to equity ratio (D/E) of 15.2, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Note however, debt could still be an excellent tool for Toronto to invest in growth at high rates of return.

Change In Cash

(2 Billion)
Toronto Dominion Bank (TD) is traded on New York Stock Exchange in USA. It is located in Toronto-Dominion Centre, Toronto, ON, Canada, M5K 1A2 and employs 102,853 people. Toronto Dominion is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 95.42 B. Toronto Dominion Bank is active under Banks sector as part of Financials industry. The entity has 1.76 B outstanding shares of which 10.58 M shares are at this time sold short in the market by investors with about 2.82 days to cover all shorted shares. Toronto Dominion Bank reports about 517.19 B in cash with (65.3 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 285.25.
Check Toronto Dominion Probability Of Bankruptcy

Toronto Stock Institutional Holders

InstituionRecorded OnShares
Cibc Global Asset Management Inc2024-03-31
16.1 M
Beutel, Goodman & Company Ltd.2024-03-31
14.4 M
Bank Of America Corp2024-03-31
13.7 M
Legal & General Group Plc2024-03-31
13.3 M
Manufacturers Life Insurance Co2024-03-31
12.6 M
British Columbia Investment Management Corp2024-03-31
12.6 M
Massachusetts Financial Services Company2024-03-31
11.5 M
Scotia Capital Inc2024-03-31
11.5 M
Connor Clark & Lunn Inv Mgmt Ltd2024-03-31
9.9 M
Royal Bank Of Canada2024-03-31
153 M
Bank Of Montreal2024-03-31
106.2 M
View Toronto Dominion Diagnostics

Toronto Dominion Historical Income Statement

At present, Toronto Dominion's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 63.9 B, whereas Operating Income is forecasted to decline to about 15.1 B. View More Fundamentals

Toronto Stock Against Markets

Toronto Dominion Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Toronto Dominion stock to make a market-neutral strategy. Peer analysis of Toronto Dominion could also be used in its relative valuation, which is a method of valuing Toronto Dominion by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

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. 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.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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
(0.20)
Dividend Share
3.96
Earnings Share
4.35
Revenue Per Share
28.687
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.
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.