NYSE: TD

Toronto Dominion Bank (TD) Stock Analysis & Forecast

Toronto Dominion Bank (The). Finance sector, major banks industry. Market cap $206.7B.

$122.33+0.52 (+0.4%)

Close on Sep 18, 2026. Page updated Sep 19, 9:18 pm ET.

Gekko Brief

AI summary

TD closes at $122.33, up 0.4%, holding above both its 50-day average of $120.85 and 200-day average of $106.33, with the shorter average sitting above the longer one. The GekkoIndex reads 57.1, placing the stock in the Neutral zone. Gekko Fair Value stands at $121.17, putting price about 1% above that level, a gap of roughly 5% or less.

News flow this week centers on ownership shifts and expansion plans. Nykredit A/S disclosed a stake increase to roughly $40.68 million, while Corient Private Wealth LP trimmed its position by 11.8%, with collective institutional ownership at 52.37%. TD also issued 5.75% callable fixed-rate notes maturing in September 2031, priced at $1,000 per note, and outlined plans to open 100 new U.S. branches by the end of 2028 as anti-money-laundering remediation continues. Separately, TD committed $108 billion over five years to Canadian infrastructure, and shares crossed above the 200-day moving average near $122.28 before settling closer to $120.62.

Looking ahead, TD's next earnings report is scheduled for 3 December, 74 days out, placing it outside a typical 20-trading-day holding window. Insider, Congress and unusual options activity show no recorded signals in their respective windows. Seasonally, the next 20 trading days have averaged a decline of 1.7% over the past 5 years, rising in only 2 of those years, a pattern worth noting against the current uptrend.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $122.33200-day averageGekko Fair Value $121.17

Key stats

Market cap
$206.7B
P/E ratio
18.1
Forward P/E
15.1
EPS, TTM
$6.72
Revenue, TTM
$60.82B
Profit margin
26.6%
Dividend yield
3.59%
Beta
0.87
Volume
1.02M avg 1.55M
1-year return
+56.0%
Typical daily move
±1.6%
Typical 20-day move
±4.2%
50-day average
$120.85
200-day average
$106.33
Next earnings
Dec 3 before open
Shares outstanding
1.64B
52-week range
$77.26$125.47

Toronto Dominion Bank swing-trade checklist

Toronto Dominion Bank scores 2 supportive, 2 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive2 mixed1 headwind

  • Trendsupportive

    Above 50 and 200-day

    Close $122.33 is above the 50-day ($120.85) and 200-day ($106.33) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    57.1, Neutral

    Reading 57.1 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuemixed

    1.0% above

    Price is within 5% of Gekko Fair Value (1% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 74 days

    Next report Dec 3, 2026, 74 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −1.7% on average

    From this point in the calendar, the next 20 trading days averaged −1.7% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Toronto Dominion Bank stock chart and price history

Toronto Dominion Bank closed at $122.33 on Sep 18, 2026, +56.0% over the past year, inside a 52-week range of $77.26 to $125.47.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+3.4%
3 months
+2.5%
6 months
+30.7%
1 year
+56.0%
The full TD chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open TD in Gekko

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About Toronto Dominion Bank

Toronto Dominion Bank serves personal, business, and institutional customers with a broad range of banking, lending, and financial services across Canada, the United States, and other international markets. Everyday customers can use deposit accounts such as checking, savings, and investment products, along with credit cards and financing for purchases like cars and recreational vehicles. Businesses draw on funding, cash management, trade finance, and payment processing, while the bank also underwrites property, casualty, life, and health insurance.

The bank runs through three main segments: Canadian Retail, U.S. Retail, and Wholesale Banking. Wholesale operations support corporations, governments, and institutional investors with services such as debt and equity issuance, merger advice, and trading and funding activities. Wealth management and advisory services are offered to both individual and institutional clients. In the United States, the bank operates under the TD Bank name, marketed as America's Most Convenient Bank, with a network of branches, stores, and ATMs, supplemented by telephone, digital, and mobile banking, and a partnership with Canada Post Corporation.

Founded in 1855, Toronto Dominion Bank is headquartered in Toronto, Canada. Its shares are listed on the NYSE under the ticker TD.

Listed
NYSE
Sector
Finance
Industry
Major banks
Website
td.com

Toronto Dominion Bank GekkoIndex: the smart money zone

Toronto Dominion Bank’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 57.1, in the Neutral zone, down 1 point over five sessions.

010057.1Neutral

Down 1 point over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying21+2.2%+1.9%+2.0%+3.5%
Accumulation134+0.4%+1.2%+2.1%+5.8%
Neutral (current zone)431+0.5%+1.1%+2.7%+7.0%
Distribution75+0.5%+0.8%+0.9%+4.0%
Selling1Too few readings yet

Average TD share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the TD price, zone by zone.Track TD in Gekko

Is Toronto Dominion Bank stock overvalued? Gekko Fair Value

Toronto Dominion Bank trades 1.0% above Gekko Fair Value of $121.17, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Toronto Dominion Bank shares are worth, recalculated every trading day.

$121.17

Gekko Fair Value, Sep 19, 2026

1.0% above fair value · About fair value

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open TD in Gekko

Toronto Dominion Bank insider and Congress trading

No open-market insider purchases were filed for Toronto Dominion Bank, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for TD in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every TD insider filing, plotted on the chart in Gekko.Open TD in Gekko

Congress trades last 90 days

No trades in TD were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for TD, plotted on the chart in Gekko.Open TD in Gekko

Toronto Dominion Bank earnings: next date and track record

Toronto Dominion Bank reports on Dec 3, 2026, before the open (74 days away), and beat the EPS estimate in 5 of its last 8 reports.

5 of 8reports beat the EPS estimate
±2.6%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

−0.7%Aug ’24−8.2%Dec ’24+0.3%Feb ’25+4.5%May ’25−1.3%Aug ’25+4.7%Dec ’25+0.2%Feb ’26+1.2%May ’26

Last earnings call, May 28, 2026 AI summary

What they said
TD Bank Q2 2026 delivered strong results with EPS up 21% YoY and ROE of 14.4%, up 200+ basis points YoY. Canadian Personal and Commercial Banking achieved record Q2 revenue, PTPP, and earnings. CET1 ratio stood at 14.3% with positive operating leverage for the fourth consecutive quarter. TD announced a $0.04 dividend increase to $1.12/share and remains on track for its $7 billion share buyback program.
Guidance
TD expects to outperform its 6%-8% EPS growth and 13% ROE targets for fiscal 2026, assuming current macro conditions persist. Total PCLs guided at 40-50 bps for fiscal 2026, with expense growth targeted at 3%-4%.
ReportedEPSSurpriseRevenueSurpriseMove
May 28, 2026$1.74
est $1.63
+6.7%$11.80B
est $11.04B
+6.8%+1.2%
Feb 26, 2026$2.44
est $2.26
+8.0%$11.01B
est $10.66B
+3.4%+0.2%
Dec 4, 2025$2.18
est $2.01
+8.5%$15.89B
est $10.38B
+53.2%+4.7%
Aug 28, 2025$2.20
est $2.03
+8.4%$15.48B
est $10.03B
+54.3%−1.3%
May 22, 2025$1.97
est $1.78
+10.7%$15.00B
est $10.02B
+49.7%+4.5%
Feb 27, 2025$1.55
est $1.61
−3.7%$14.90B
est $9.10B
+63.8%+0.3%
Dec 5, 2024$1.97
est $2.52
−21.8%$14.74B
est $9.19B
+60.4%−8.2%
Aug 22, 2024$2.05
est $2.07
−1.0%$10.96B
est $9.28B
+18.1%−0.7%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Toronto Dominion Bank stock forecast and analyst price targets

Analysts’ average 12-month price target for Toronto Dominion Bank is $121.64, −0.6% from the last close.

$121.64consensus 12-month target, −0.6% from the last close
+2.7%average 20-day move after past Neutral readings
−1.7%average move over the next 20 trading days in the last 5 years
±1.6%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Toronto Dominion Bank seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Toronto Dominion Bank averaged −1.7% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+10.5%2021−6.7%2022−2.8%2023−12.4%2024+0.7%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.7%3 of 5
Next 10 trading days−0.1%3 of 5
Next 15 trading days−1.3%2 of 5
Next 20 trading days−1.7%2 of 5
Next 30 trading days−1.1%2 of 5

For scale, TD’s typical 20-trading-day move in either direction is about 4.2%.

Toronto Dominion Bank market cap and key statistics

Toronto Dominion Bank’s market cap is $206.7B, with a P/E ratio of 18.1 and revenue of $60.82B over the last twelve months.

Valuation

Market cap
$206.7B
P/E ratio
18.1
Forward P/E
15.1
EPS, TTM
$6.72
Gekko Fair Value
$121.17

Trading

Volume
1.02M
Avg volume, 20 days
1.55M
52-week high
$125.47
52-week low
$77.26
Shares outstanding
1.64B

Financials

Revenue, TTM
$60.82B
Profit margin
26.6%
Return on equity
12.8%
Quarterly earnings growth, YoY
+45.0%

Risk and income

Beta
0.87
Typical daily move
±1.6%
Typical 20-day move
±4.2%
Dividend yield
3.59%

Toronto Dominion Bank peers

Toronto Dominion Bank’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
JPMJP Morgan Chase+0.5%Accumulation3.4% below
BACBank of America+0.4%Buying10.9% below
RYRoyal Bank Of Canada+0.4%Accumulation3.0% below
WFCWells Fargo−0.2%Accumulation6.9% below
CCitigroup−0.4%Accumulation7.7% below
BMOBank Of Montreal+1.0%Neutral0.2% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Toronto Dominion Bank stock FAQ

What is Toronto Dominion Bank’s market cap?

Toronto Dominion Bank’s market cap is $206.7B at the Sep 18, 2026 close of $122.33, with 1.64B shares outstanding. The shares trade on a P/E ratio of 18.1.

What is the Toronto Dominion Bank stock forecast?

The consensus analyst 12-month price target for Toronto Dominion Bank is $121.64, −0.6% from the last close. Gekko doesn’t publish price predictions of its own.

Is Toronto Dominion Bank stock overvalued or undervalued?

On Gekko’s estimate Toronto Dominion Bank is about fair value: the Sep 18, 2026 close of $122.33 is 1.0% above Gekko Fair Value of $121.17. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Toronto Dominion Bank report earnings next?

Toronto Dominion Bank is expected to report on Dec 3, 2026, before the market opens (74 days away). Analysts expect earnings of $1.83 per share on revenue of $10.97B. Toronto Dominion Bank beat the earnings estimate in 5 of its last 8 reports, moving 2.6% on average across the report.

What is Toronto Dominion Bank’s 52-week high and low?

Toronto Dominion Bank’s 52-week high is $125.47 and its 52-week low is $77.26; it closed at $122.33 on Sep 18, 2026, +56.0% over the past year.

Is Toronto Dominion Bank stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (trend and earnings risk), 2 as mixed (gekkoindex and fair value) and 1 as a headwind (seasonality). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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