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NYSE: TD
Toronto Dominion Bank Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for TD

Based on 8 analysts offering 12 month price targets for Toronto Dominion Bank.
Min Forecast
$59.28-9.58%
Avg Forecast
$74.19+13.16%
Max Forecast
$95.00+44.91%

Should I buy or sell TD stock?

Based on 8 analysts offering ratings for Toronto Dominion Bank.
Buy
Strong Buy
2 analysts 25%
Buy
2 analysts 25%
Hold
3 analysts 37.5%
Sell
1 analysts 12.5%
Strong Sell
0 analysts 0%

Forecast return on equity

Is TD forecast to generate an efficient return?
Company
15.46%
Industry
433.06%
Market
44.46%
TD's Return on Equity is forecast to be low in 3 years (15.46%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is TD forecast to generate an efficient return on assets?
Company
0.86%
Industry
0.9%
Market
15.5%
TD is forecast to generate lower Return on Assets (0.86%) than the US Banks - Diversified industry average (0.9%)
Forecast

TD earnings per share forecast

What is TD's earnings per share in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$6.37+29.79%
Avg 2 year Forecast
$6.25+27.42%
TD's earnings are forecast to grow at an exceptional rate of 28.79% per year
Forecast

TD revenue forecast

What is TD's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$32.6B-2.07%
Avg 2 year Forecast
$33.8B+1.54%
TD's revenue is forecast to grow at a rate of -2.82% per year, which is not exceptional
Forecast

TD earnings growth forecast

How is TD forecast to perform vs Banks - Diversified companies and vs the US market?
Company
28.79%
Industry
51.84%
Market
182.89%
TD's earnings are forecast to grow slower (28.79% per year) than the US Banks - Diversified industry average (51.84%)
Forecast
TD's earnings are forecast to grow slower (28.79% per year) than the US market average (182.89%)
Forecast
TD's earnings are forecast to grow faster (28.79% per year) than the risk-free savings rate (1.3%)
Forecast

TD revenue growth forecast

How is TD forecast to perform vs Banks - Diversified companies and vs the US market?
Company
-2.82%
Industry
-0.67%
Market
59.84%
TD's revenues are forecast to grow slower (-2.82% per year) than the US Banks - Diversified industry average (-0.67%)
Forecast
TD's revenues are forecast to grow slower (-2.82% per year) than the US market average (59.84%)
Forecast

Toronto Dominion Bank Stock Forecast FAQ

Is Toronto Dominion Bank Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: TD) stock is to Buy TD stock.

Out of 8 analysts, 2 (25%) are recommending TD as a Strong Buy, 2 (25%) are recommending TD as a Buy, 3 (37.5%) are recommending TD as a Hold, 1 (12.5%) are recommending TD as a Sell, and 0 (0%) are recommending TD as a Strong Sell.

What is TD's earnings growth forecast for 2021-2022?

(NYSE: TD) Toronto Dominion Bank's forecast annual earnings growth rate of 28.79% is not forecast to beat the US Banks - Diversified industry's average forecast earnings growth rate of 51.84%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 182.89%.

Toronto Dominion Bank's earnings in 2021 is $8,944,615,384.On average, 5 Wall Street analysts forecast TD's earnings for 2021 to be $11,568,607,164, with the lowest TD earnings forecast at $11,314,352,061, and the highest TD earnings forecast at $12,040,795,211.

In 2022, TD is forecast to generate $11,357,938,650 in earnings, with the lowest earnings forecast at $10,896,647,250 and the highest earnings forecast at $11,968,150,896.

What is TD's revenue growth forecast for 2021-2022?

(NYSE: TD) Toronto Dominion Bank's forecast annual revenue growth rate of -2.82% is not forecast to beat the US Banks - Diversified industry's average forecast revenue growth rate of -0.67%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 59.84%.

Toronto Dominion Bank's revenue in 2021 is $33,573,846,153.On average, 3 Wall Street analysts forecast TD's revenue for 2021 to be $59,253,690,346,225, with the lowest TD revenue forecast at $58,868,809,868,708, and the highest TD revenue forecast at $59,565,214,594,455.

In 2022, TD is forecast to generate $61,437,868,804,251 in revenue, with the lowest revenue forecast at $60,465,114,207,596 and the highest revenue forecast at $63,027,642,419,221.

What is TD's forecast return on assets (ROA) for 2021-2022?

(NYSE: TD) forecast ROA is 0.86%, which is lower than the forecast US Banks - Diversified industry average of 0.9%.

What is TD's Price Target?

According to 8 Wall Street analysts that have issued a 1 year TD price target, the average TD price target is $74.19, with the highest TD stock price forecast at $95.00 and the lowest TD stock price forecast at $59.28.

On average, Wall Street analysts predict that Toronto Dominion Bank's share price could stay at $74.19 by Jul 8, 2022. The average Toronto Dominion Bank stock price prediction forecasts a potential downside of N/A from the current TD share price of $65.56.

What is TD's Earnings Per Share (EPS) forecast for 2021-2022?

(NYSE: TD) Toronto Dominion Bank's current Earnings Per Share (EPS) is $4.95. On average, analysts forecast that TD's EPS will be $6.37 for 2021, with the lowest EPS forecast at $6.23, and the highest EPS forecast at $6.63. In 2022, TD's EPS is forecast to hit $6.25 (min: $6.00, max: $6.59).

What is TD's forecast return on equity (ROE) for 2021-2022?

(NYSE: TD) forecast ROE is 15.46%, which is considered weak.
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