TSE:TD

Toronto-Dominion Bank (TD.TO)

157.74
-0.29 (0.18%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
2224 watching
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Investor Insights
star iconJun 5, 2026, 12:00 am

This summary was created by AI, based on 64 opinions in the last 12 months.

The Toronto-Dominion Bank (TD) has shown strong performance in recent months, recovering well from past regulatory issues related to money laundering. However, experts express concern over the current high price-to-earnings (P/E) ratio, which exceeds historical averages. Many analysts suggest that the stock is trading at a premium compared to its peers and is overvalued by about 5-16%. There are mixed opinions on the future growth potential, with some emphasizing that growth opportunities in the US remain limited due to regulatory restrictions. Most experts recommend trimming positions and waiting for a better entry point, indicating cautious optimism about long-term prospects amidst current overvaluation and market dynamics.

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Consensus
Trim
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Valuation
Overvalued
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Similar
RY
BUY
Has owned it forever along with BMO and RY. One of the worries he has, not for this year, is the direction of interest rates. There is a risk they will go up sometime next year. He thinks banks are selling at a discount to the market.
COMMENT
Starting to get a bit overbought and is starting to turn. Banks are decent long-term plays and you are getting a good dividend so good for a long-term hold. Dividend increase is forecast. If you want to trade, you can sell and buy back at $70-$72.50, the 50 and 200 day moving averages.
PAST TOP PICK
(A Top Pick Nov 19/09. Up 13%.) Gone substantially more into retail banking in the US. Well managed bank with a great model. (See Top Picks.)
TOP PICK
Just reported very solid numbers. Likes the US where they are quite profitable. Could see $80. About 3% yield and is almost certain they will raise the dividend in 2011.
TOP PICK
Has done a strategic job of getting into the US market and operating their acquisitions. He is buying below $70. There is no rush.
COMMENT
Capital Trust II bonds callable 12/31/2012 due 2025 with a 6.792 coupon rate. Likelihood of them being called on 12/31/2012? Very high probability as banks have always called them even during a crisis. Banks are over capitalized right now.
PAST TOP PICK
(A Top Pick June 24/09. Up 10.74%.) Bank rate reset preferred shares (TD.PR.A-T). Still likes.
TOP PICK
(A Top Pick Aug 5/09. Up 13% including dividends.) This is his core Canadian bank holding. Still reasonably priced at 10X next year's earnings. 3.5% dividend yield. Likes their recent moves into the US.
WEAK BUY
Deploys capital very efficiently. Big risks going forward would be expansion in the US but have such a dynamic retail business he is not concerned. Expect a normalized rate of return of dividend plus 5%.
PAST TOP PICK
(A Top Pick Aug 5/09. Up 13.39%.)
TOP PICK
Sees 14% earnings growth from 2011 versus 2010. Dominant market share in Canada in the personal/commercial business. Growing in the US. Part of the earnings growth comes from his belief that credit losses will continue to improve. As interest rates rise, it helps the margins.
PAST TOP PICK
(A Top Pick July 21/09. Up 13%.) 4.779% bond due12/14/16. This is one of his favourite banks. Good balance sheet.
BUY
If you have a horizon of more than 3 months you will be happy. The strong consumer franchise in the States will work out. Now is the time to buy.
PAST TOP PICK
(A Top Pick June 25/09. Up 25%.) His favourite bank.
PAST TOP PICK
(A Top Pick June 24/09. Up 9.63%.) Bank rate reset preferred shares (TD.PR.A-T).
Showing 1,261 to 1,275 of 2,214 entries