Toronto Dominion Bank (NYSE: TD) is one of 311 publicly-traded companies in the “Banks” industry, but how does it contrast to its peers? We will compare Toronto Dominion Bank to similar companies based on the strength of its risk, profitability, earnings, institutional ownership, analyst recommendations, valuation and dividends.
Insider & Institutional Ownership
48.8% of Toronto Dominion Bank shares are owned by institutional investors. Comparatively, 52.0% of shares of all “Banks” companies are owned by institutional investors. 10.4% of shares of all “Banks” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
This table compares Toronto Dominion Bank and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Toronto Dominion Bank||23.09%||15.17%||0.86%|
|Toronto Dominion Bank Competitors||18.73%||8.21%||0.93%|
Earnings and Valuation
This table compares Toronto Dominion Bank and its peers top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Toronto Dominion Bank||$34.52 billion||$7.95 billion||13.43|
|Toronto Dominion Bank Competitors||$5.50 billion||$827.87 million||384.30|
Toronto Dominion Bank has higher revenue and earnings than its peers. Toronto Dominion Bank is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
This is a breakdown of recent ratings for Toronto Dominion Bank and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Toronto Dominion Bank||0||2||6||0||2.75|
|Toronto Dominion Bank Competitors||2270||8690||8639||359||2.36|
Toronto Dominion Bank currently has a consensus target price of $77.67, suggesting a potential upside of 32.04%. As a group, “Banks” companies have a potential downside of 9.97%. Given Toronto Dominion Bank’s stronger consensus rating and higher possible upside, analysts plainly believe Toronto Dominion Bank is more favorable than its peers.
Risk and Volatility
Toronto Dominion Bank has a beta of 0.9, suggesting that its share price is 10% less volatile than the S&P 500. Comparatively, Toronto Dominion Bank’s peers have a beta of 0.79, suggesting that their average share price is 21% less volatile than the S&P 500.
Toronto Dominion Bank pays an annual dividend of $1.87 per share and has a dividend yield of 3.2%. Toronto Dominion Bank pays out 42.7% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 1.9% and pay out 34.9% of their earnings in the form of a dividend.
Toronto Dominion Bank beats its peers on 9 of the 15 factors compared.
Toronto Dominion Bank Company Profile
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. The U.S. Retail segment consists of its retail and commercial banking operations operating under the brand TD Bank, and wealth management services in the United States. The Wholesale Banking segment provides a range of capital markets, investment banking, and corporate banking products and services, including underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, funding and investment needs of its clients. The Corporate segment provides centralized advice and counsel to its businesses.
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