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Investor Insights

This summary was created by AI, based on 77 opinions in the last 12 months.

Overall, experts seem to be cautiously optimistic about Toronto Dominion (TD-T). They acknowledge the regulatory challenges the company faces in the U.S., particularly regarding money-laundering allegations. However, they also highlight the company's strong balance sheet, large presence in Canadian personal and commercial banking, and U.S. capital markets and wealth management businesses. There is consensus that TD has taken a hit due to the U.S. banking turmoil, and the failed acquisition of First Horizon Bank has impacted the stock. The stock is generally considered to be undervalued given its large capital reserves, with experts pointing out the opportunity for share buybacks, dividend growth, and potential acquisition in the U.S. Market.

Consensus
Cautiously optimistic
Valuation
Undervalued
BUY
Toronto Dominion
TD vs. RY

Both are the right ones to look at. Slight preference at the moment is towards TD on valuation. Bit more negative sentiment on TD due to regulatory scrutiny. Typical cycle of what happens to all the large banks, but no skeletons lurking. Both are buys today. Valuations are fairly attractive. Outlook for dividend growth isn't as strong given current environment, but still good dividend vehicles.

banks
TOP PICK
Toronto Dominion

They face regulatory challenges in the U.S. over money-laundering allegations. TD is spending on compliance and regulatory in response. A year from now, these expenses will be behind them and the stock will catch up to its peers.

(Analysts’ price target is $88.30)
banks
WEAK BUY
Toronto Dominion
TD vs. BCE, for capital appreciation, plus attractive and sustainable dividend?

BCE beat, raised dividend, but free cashflow problems and layoffs. Dividend is really good. Will probably go to $48 before all is said and done. When there's bad news, stocks take a while to fully bleed out. Doesn't mean there isn't good value here from a dividend point of view.

For TD, banks are a tougher story due to capital ratios and inability to grow. Best balance sheet, due to failed takeover bid in US. Between the two, he'd pick this one right now. But instead of a bank, look to MFC or SLF.

banks
BUY
Toronto Dominion

It's been rangebound the past year. He owns it for income and potential growth, like this sector. Continues to be confident in TD, given its large position in Canadian personal and commercial, large US presence, capital markets, and wealth management business. Headwind continues to be the overhang of anti-money laundering regulations in the U.S. which hurt their attempted takeover of First Horizon Bank last year. Near-term they will continue to grow organically and buyback lots of shares and remediate with U.S. regulators. TD has the most excess capital among Canadian banks. They need to right their ship in the U.S., perhaps change executives. It will eventually return to its premium valuation.

banks
BUY
Toronto Dominion

Very bullish on Canadian banks in general. Canadian regulators don't care if TD makes more US acquisitions, as long as capital ratios remain in line. US regulators care, however. Widespread regulatory crackdown on money laundering will result in a fine, insignificant in the grand scheme.

banks
BUY
Toronto Dominion

Canadian banks have underperformed for 2 years in a row, which is very strange. Will probably be fined for money laundering issue. Lots of cash on hand. 10x earnings, 4.75% yield, paid to hold the stock. Should be able to beat expectations over the next year.

banks
DON'T BUY
Toronto Dominion

It has had a rough go related to money laundering. It is well run but a laggard in the space and he wants to see a better technical picture which means more people are interested in it. It is better to look at something else - he owns National Bank and Royal Bank. He is not value focused and wants to see the tech picture to line up with the fundamentals picture.

banks
WEAK BUY
Toronto Dominion

His third favourite of the 5 big banks, solid bronze medalist. 

banks
HOLD
Toronto Dominion

He owns RY and TD in the space. More stable and diversified than the others.

banks
PAST TOP PICK
Toronto Dominion
(A Top Pick Jul 06/23, Up 8%)

A year ago, they were trying to buy First Horizon Bank, but now have at on of cash because they didn't buy it. But his cash is a drag on earnings for not being deployed. Is the most defensive Canadian stock. though has underperformed peers recently. They will find the right acquisition that works and will clear out money laundering allegations.

banks
BUY
Toronto Dominion

One of the better banks in Canada. Difficulties with First Horizon deal collapsing. Legal issues. Integrating Cowen. Reduced expectations, so possibility they'll beat those. Not expensive at these levels, great dividend, flush with capital. Interest rate environment will work in its favour. 

banks
HOLD
Toronto Dominion

Overhang due to US issues from First Horizon plus anti-money laundering procedures. Still a great bank. Well positioned in US, very strong deposit base in Canada. Low funding cost for loans and mortgages. Lots of capital. 

banks
PAST TOP PICK
Toronto Dominion
(A Top Pick Mar 23/23, Up 13%)

Continues to think the franchise value is there, strong, and growing. In the wake of failed acquisition, question marks surrounding leadership and strategy. Best way to answer this is to put up good financial performance. Continues to own and buy.

banks
BUY
Toronto Dominion

Lots of excess capital gives them flexibility. Buy if you're looking for income.

banks
TOP PICK
Toronto Dominion

The last quarter disappointed investors and it was the only bank to announce re-structuring for next year, not just the last quarter as the other banks did. There are $500 million in expenditures needed for risk management and anti money laundering controls. Therefore the stock price has dropped but once this has all settled down it should be able to catch up to its peers. It pays a dividend of almost 5%.    Buy 9  Hold 6  Sell 1

(Analysts’ price target is $88.10)
banks
Showing 1 to 15 of 2,039 entries

Toronto Dominion(TD-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 45

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 52

Stockchase rating for Toronto Dominion is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Toronto Dominion(TD-T) Frequently Asked Questions

What is Toronto Dominion stock symbol?

Toronto Dominion is a Canadian stock, trading under the symbol TD-T on the Toronto Stock Exchange (TD-CT). It is usually referred to as TSX:TD or TD-T

Is Toronto Dominion a buy or a sell?

In the last year, 52 stock analysts published opinions about TD-T. 45 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Toronto Dominion.

Is Toronto Dominion a good investment or a top pick?

Toronto Dominion was recommended as a Top Pick by on . Read the latest stock experts ratings for Toronto Dominion.

Why is Toronto Dominion stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Toronto Dominion worth watching?

52 stock analysts on Stockchase covered Toronto Dominion In the last year. It is a trending stock that is worth watching.

What is Toronto Dominion stock price?

On 2024-02-26, Toronto Dominion (TD-T) stock closed at a price of $80.76.