Toronto Dominion Bank (The) (NYSE:TD) Receives Daily Media Sentiment Rating of 0.16

Media coverage about Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative media 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 nearest to one being the most favorable. Toronto Dominion Bank (The) earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the bank an impact score of 45.888259876184 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Several research analysts have commented on TD shares. Macquarie started coverage on Toronto Dominion Bank (The) in a research report on Tuesday, October 24th. They issued an “outperform” rating on the stock. BidaskClub raised Toronto Dominion Bank (The) from a “hold” rating to a “buy” rating in a research report on Sunday, July 16th. Canaccord Genuity reaffirmed a “buy” rating and set a $72.00 target price on shares of Toronto Dominion Bank (The) in a research report on Thursday, August 31st. Zacks Investment Research lowered Toronto Dominion Bank (The) from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. Finally, Howard Weil raised Toronto Dominion Bank (The) to an “outperform” rating in a report on Monday, August 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $66.33.

Shares of Toronto Dominion Bank (NYSE:TD) traded down $0.24 during mid-day trading on Friday, reaching $57.33. The company’s stock had a trading volume of 564,500 shares, compared to its average volume of 1,520,147. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market capitalization of $106,423.50, a P/E ratio of 14.15, a P/E/G ratio of 1.48 and a beta of 0.89. Toronto Dominion Bank has a 12 month low of $45.18 and a 12 month high of $57.79.

Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) last issued its quarterly earnings data on Thursday, August 31st. The bank reported $1.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.06. The business had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.05 billion. Toronto Dominion Bank (The) had a return on equity of 14.71% and a net margin of 22.85%. The business’s revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.27 earnings per share. analysts anticipate that Toronto Dominion Bank will post 4.44 earnings per share for the current fiscal year.

Toronto Dominion Bank (The) declared that its board has initiated a stock buyback plan on Thursday, August 31st that authorizes the company to repurchase 20,000,000 outstanding shares. This repurchase authorization authorizes the bank to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Friday, October 6th were given a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 3.31%. This is an increase from Toronto Dominion Bank (The)’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend was Thursday, October 5th. Toronto Dominion Bank (The)’s dividend payout ratio is 46.62%.

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About Toronto Dominion Bank (The)

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.

Insider Buying and Selling by Quarter for Toronto Dominion Bank (The) (NYSE:TD)

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