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How to buy Toronto Dominion Bank (TD) stocks

Toronto Dominion Bank stock has moved -0.13% from yesterday's closing price. Learn how to easily invest in Toronto Dominion Bank stock.

Toronto Dominion Bank is a banks-diversified business based in the US. Toronto Dominion Bank stocks (TD.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $75.05 – a decrease of 1.91% over the previous week. Toronto Dominion Bank employs 91,993 staff and has a trailing 12-month revenue of around $44 billion.

How to buy stocks in Toronto Dominion Bank

  1. Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – TD – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Toronto Dominion Bank stock price (NYSE:TD)

Use our graph to track the performance of TD stocks over time.

Toronto Dominion Bank shares at a glance

Information last updated 2022-06-24.
Latest market close$65.81
52-week range$60.70 - $85.05
50-day moving average $72.31
200-day moving average $74.73
Wall St. target price$82.28
PE ratio 10.4927
Dividend yield $3.36 (4.1%)
Earnings per share (TTM) $6.19

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Is it a good time to buy Toronto Dominion Bank stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Toronto Dominion Bank price performance over time

Historical closes compared with the close of $65.81 from 2022-06-28

1 week (2022-06-22) -1.91%
1 month (2022-05-27) -12.96%
3 months (2022-03-29) -19.02%
6 months (2021-12-29) -13.62%
1 year (2021-06-29) -6.17%
2 years (2020-06-29) 49.23%
3 years (2019-06-28) 12.77%
5 years (2017-06-29) 30.73%

Is Toronto Dominion Bank under- or over-valued?

Valuing Toronto Dominion Bank stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Toronto Dominion Bank's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Toronto Dominion Bank's P/E ratio

Toronto Dominion Bank's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Toronto Dominion Bank shares trade at around 10x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Toronto Dominion Bank's PEG ratio

Toronto Dominion Bank's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.21. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Toronto Dominion Bank's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Toronto Dominion Bank financials

Revenue TTM $44 billion
Operating margin TTM 41.66%
Gross profit TTM $42.9 billion
Return on assets TTM 0.85%
Return on equity TTM 15.34%
Profit margin 33.77%
Book value $52.46
Market capitalisation $117.2 billion

TTM: trailing 12 months

Toronto Dominion Bank's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Toronto Dominion Bank.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Toronto Dominion Bank's total ESG risk score

Total ESG risk: 19.68

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Toronto Dominion Bank's overall score of 19.68 (as at 12/31/2018) is pretty good – landing it in it in the 27th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Toronto Dominion Bank is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Toronto Dominion Bank's environmental score

Environmental score: 0.33/100

Toronto Dominion Bank's environmental score of 0.33 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Toronto Dominion Bank is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Toronto Dominion Bank's social score

Social score: 10.19/100

Toronto Dominion Bank's social score of 10.19 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Toronto Dominion Bank is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Toronto Dominion Bank's governance score

Governance score: 8.33/100

Toronto Dominion Bank's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Toronto Dominion Bank is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Toronto Dominion Bank's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Toronto Dominion Bank scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Toronto Dominion Bank hasn't always managed to keep its nose clean.

Toronto Dominion Bank share dividends

38%

Dividend payout ratio: 37.58% of net profits

Recently Toronto Dominion Bank has paid out, on average, around 37.58% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.1% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Toronto Dominion Bank shareholders could enjoy a 4.1% return on their shares, in the form of dividend payments. In Toronto Dominion Bank's case, that would currently equate to about $3.36 per share.

While Toronto Dominion Bank's payout ratio might seem fairly standard, it's worth remembering that Toronto Dominion Bank may be investing much of the rest of its net profits in future growth.

Toronto Dominion Bank's most recent dividend payout was on 30 July 2022. The latest dividend was paid out to all shareholders who bought their shares by 6 July 2022 (the "ex-dividend date").

Have Toronto Dominion Bank's shares ever split?

Toronto Dominion Bank's shares were split on a 2:1 basis on 2 February 2014. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Toronto Dominion Bank shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Toronto Dominion Bank shares which in turn could have impacted Toronto Dominion Bank's share price.

Toronto Dominion Bank share price volatility

Over the last 12 months, Toronto Dominion Bank's shares have ranged in value from as little as $60.6951 up to $85.0475. A popular way to gauge a stock's volatility is its "beta".

TD.US volatility(beta: 0.86)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Toronto Dominion Bank's is 0.8607. This would suggest that Toronto Dominion Bank's shares are less volatile than average (for this exchange).

Toronto Dominion Bank overview

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through three segments: Canadian Retail, U. S. Retail, and Wholesale Banking. The company offers personal deposits, such as chequing, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases. It also provides credit cards and payments; real estate secured lending, auto finance, and consumer lending services; point-of-sale payment solutions for large and small businesses; wealth and asset management products, and advice to retail and institutional clients through direct investing, advice-based, and asset management businesses; and property and casualty insurance, as well as life and health insurance products. The company also provides capital markets, and corporate and investment banking products and services, including underwriting and distribution of new debt and equity issues; advice on strategic acquisitions and divestitures; and trading, funding, and investment services to corporations, governments, and institutions.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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