TD Stock Summary and Trading Ideas (Toronto-Dominion Bank | NYSE:TD)

Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, US retail banking, and wholesale banking. The bank's US operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 10.1% ownership stake in Charles Schwab.

Toronto-Dominion Bank trades on the NYSE stock market under the symbol TD.

As of April 2, 2025, TD stock price climbed to $59.91 with 1,604,278 million shares trading.

TD has a beta of 0.34, meaning it tends to be less sensitive to market movements. TD has a correlation of 0.05 to the broad based SPY ETF.

TD has a market cap of $104.97 billion. This is considered a Large Cap stock.

Last quarter Toronto-Dominion Bank reported $10 billion in Revenue and $1.44 earnings per share. This fell short of revenue expectation by $-405 million and exceeded earnings estimates by $.06.

In the last 3 years, TD traded as high as $81.47 and as low as $51.25.

The top ETF exchange traded funds that TD belongs to (by Net Assets): DFIV, FVD, DFAI, PID, DFIC.

TD has underperformed the market in the last year with a price return of +4.4% while the SPY ETF gained +9.5%. However, in the short term, TD had mixed performance relative to the market. It has outperformed in the last 3 months, returning +13.9% vs -3.4% return in SPY. But in the last 2 weeks, TD shares have been beat by the market, returning +0.4% compared to an SPY return of +0.9%.

TD support price is $58.73 and resistance is $59.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TD shares will trade within this expected range on the day.