Media headlines about Toronto Dominion Bank (NYSE:TD) (TSE:TD) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Toronto Dominion Bank earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 45.9745274502242 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Toronto Dominion Bank (TD) Lowered to “Hold” at Zacks Investment Research (americanbankingnews.com)
- TD Bank Quadruples BlackBerry Investment (msn.com)
- How Is the Former CEO of Toronto-Dominion Bank Getting Involved in Canada’s Marijuana Industry? (fool.ca)
- Prime Trust — Moody’s Canadian ABCP activity for week ended February 2, 2018 (finance.yahoo.com)
- Toronto Dominion Bank (TD) vs. Bear State Financial (BSF) Head-To-Head Review (americanbankingnews.com)
Several equities analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Toronto Dominion Bank from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a research note on Friday, February 2nd. CIBC upgraded shares of Toronto Dominion Bank from a “neutral” rating to an “outperform” rating in a research note on Thursday, February 1st. Canaccord Genuity reiterated a “buy” rating and set a $80.00 target price on shares of Toronto Dominion Bank in a research note on Thursday, November 30th. Bank of America increased their target price on shares of Toronto Dominion Bank from $71.00 to $87.00 and gave the stock a “buy” rating in a research note on Tuesday, January 30th. Finally, Scotiabank reiterated a “buy” rating and set a $83.00 target price on shares of Toronto Dominion Bank in a research note on Wednesday, November 22nd. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $77.60.
Toronto Dominion Bank (NYSE:TD) (TSE:TD) last posted its quarterly earnings results on Thursday, November 30th. The bank reported $1.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.02). Toronto Dominion Bank had a return on equity of 15.17% and a net margin of 23.09%. The firm had revenue of $7.42 billion for the quarter, compared to analysts’ expectations of $7.13 billion. analysts predict that Toronto Dominion Bank will post 4.69 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 10th were issued a $0.466 dividend. The ex-dividend date of this dividend was Tuesday, January 9th. This represents a $1.86 dividend on an annualized basis and a yield of 3.32%. Toronto Dominion Bank’s dividend payout ratio (DPR) is presently 46.32%.
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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.
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