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

Analyst price target for TD

Based on 8 analysts offering 12 month price targets for Toronto Dominion Bank.
Min Forecast
$48.64-10.93%
Avg Forecast
$54.95+0.62%
Max Forecast
$61.50+12.62%

Should I buy or sell TD stock?

Buy
Strong Buy
2 analysts 28.57%
Buy
2 analysts 28.57%
Hold
2 analysts 28.57%
Sell
1 analysts 14.29%
Strong Sell
0 analysts 0%

Forecast return on equity

Is TD forecast to generate an efficient return?
Company
10.2%
Industry
249.85%
Market
44.49%
TD's Return on Equity is forecast to be low in 2 years (10.2%); 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
0.63%
Industry
0.84%
Market
9.63%
TD is forecast to generate lower Return on Assets (0.63%) than the US Banks - Diversified industry average (0.84%)
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
$4.48-28.4%
Avg 2 year Forecast
$4.89-21.96%
TD's earnings are forecast to grow at a rate of -11.66% per year, which is not exceptional
Forecast

TD revenue forecast

What is TD's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$30.1B-26.82%
Avg 2 year Forecast
$30.0B-26.87%
TD's revenue is forecast to grow at a rate of -14.48% 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
-11.66%
Industry
5.51%
Market
13.08%
TD's earnings are forecast to grow slower (-11.66% per year) than the US Banks - Diversified industry average (5.51%)
Forecast
TD's earnings are forecast to grow slower (-11.66% per year) than the US market average (13.08%)
Forecast

TD revenue growth forecast

How is TD forecast to perform vs Banks - Diversified companies and vs the US market?
Company
-14.48%
Industry
-3.04%
Market
2.67%
TD's revenues are forecast to grow slower (-14.48% per year) than the US Banks - Diversified industry average (-3.04%)
Forecast
TD's revenues are forecast to grow slower (-14.48% per year) than the US market average (2.67%)
Forecast

Toronto Dominion Bank Stock Forecast FAQ

The consensus among 7 Wall Street analysts covering (NYSE: TD) stock is to Buy TD stock.

Out of 7 analysts, 2 (28.57%) are recommending TD as a Strong Buy, 2 (28.57%) are recommending TD as a Buy, 2 (28.57%) are recommending TD as a Hold, 1 (14.29%) are recommending TD as a Sell, and 0 (0%) are recommending TD as a Strong Sell.
According to 8 Wall Street analysts that have issued a 1 year TD price target, the average TD price target is $54.95, with the highest TD stock price forecast at $61.50 and the lowest TD stock price forecast at $48.64.

On average, Wall Street analysts predict that Toronto Dominion Bank's share price could reach $54.95 by Nov 23, 2021. The average Toronto Dominion Bank stock price prediction forecasts a potential upside of 0.62% from the current TD share price of $54.61.
(NYSE: TD) Toronto Dominion Bank's forecast annual earnings growth rate of -11.66% is not forecast to beat the US Banks - Diversified industry's average forecast earnings growth rate of 5.51%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 13.08%.

Toronto Dominion Bank's earnings in 2019 is $11,434,000,000.On average, 5 Wall Street analysts forecast TD's earnings for 2021 to be $8,203,835,948, with the lowest TD earnings forecast at $7,797,487,982, and the highest TD earnings forecast at $9,060,461,388.

In 2022, TD is forecast to generate $8,941,485,632 in earnings, with the lowest earnings forecast at $8,767,597,990 and the highest earnings forecast at $9,115,373,275.
(NYSE: TD) Toronto Dominion Bank's forecast annual revenue growth rate of -14.48% is not forecast to beat the US Banks - Diversified industry's average forecast revenue growth rate of -3.04%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 2.67%.

Toronto Dominion Bank's revenue in 2019 is $41,065,000,000.On average, 2 Wall Street analysts forecast TD's revenue for 2021 to be $55,006,967,132,687, with the lowest TD revenue forecast at $52,948,183,201,841, and the highest TD revenue forecast at $57,065,751,063,533.

In 2022, TD is forecast to generate $54,971,246,950,063 in revenue, with the lowest revenue forecast at $54,971,246,950,063 and the highest revenue forecast at $54,971,246,950,063.
(NYSE: TD) Toronto Dominion Bank's current Earnings Per Share (EPS) is $6.26. On average, analysts forecast that TD's EPS will be $4.48 for 2021, with the lowest EPS forecast at $4.26, and the highest EPS forecast at $4.95. In 2022, TD's EPS is forecast to hit $4.89 (min: $4.79, max: $4.98).
(NYSE: TD) forecast ROE is 10.2%, which is considered weak.
(NYSE: TD) forecast ROA is 0.63%, which is lower than the forecast US Banks - Diversified industry average of 0.84%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
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