Toronto Dominion Bank stock gains as earnings beat estimates

Published on 09/22/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Toronto Dominion Bank stock closed at USD 123.77 on September 21, 2026, up 1.17 percent. August EPS beat estimates by USD 0.24.

TD, CA8911605092, Illustration mit AI erstellt.

Toronto Dominion Bank stock (ISIN CA8911605092) closed at USD 123.77 on the NYSE on September 21, 2026, gaining 1.17 percent from the prior close of USD 122.33. The move followed quarterly figures that exceeded the consensus estimate and left the shares below the average analyst target of USD 156.

EPS beats by USD 0.24

According to MarketBeat on September 22, 2026, TD reported fiscal third-quarter earnings of USD 1.98 per share, compared with the USD 1.74 consensus estimate. The USD 0.24 beat was accompanied by quarterly revenue of USD 12.07 billion, up 6.9 percent year over year from the comparable period.

The revenue result also exceeded the USD 10.70 billion estimate cited by MarketBeat on September 22, 2026. That combination gives the earnings release a clearer numerical signal than the share move alone: revenue outperformed expectations by USD 1.37 billion, while EPS was USD 0.24 above consensus.

Analysts see further upside

MarketBeat reported on September 22, 2026, that nine rating firms covered the stock, with four buy ratings, four hold ratings and one strong-buy rating. Their average 12-month price target was USD 156.00, USD 32.23 above the September 21 close of USD 123.77.

The valuation gap is material but does not remove the counter-factor. A separate GuruFocus analysis dated September 21, 2026, placed its intrinsic-value estimate at USD 95 against a reference price of USD 122.33 and described the shares as overvalued under its valuation models.

Stock holds above prior close

The September 21, 2026 NYSE session opened at USD 122.80 and closed at USD 123.77, according to the dated market report. The closing price was USD 1.44 above the prior close, matching the reported 1.17 percent daily gain.

For investors, the key comparison is therefore between operating execution and valuation: fiscal third-quarter EPS beat estimates by USD 0.24, revenue grew 6.9 percent year over year, and the average analyst target stood USD 32.23 above the latest NYSE close.