TD Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of TD, the DDM model generated by StockNews estimates a return of positive 116.12% in comparison to its current price. To help understand and contextualize the model's evaluation of TD, investors may wish to consider are:

• Given its market cap of around 70 billion US dollars, this puts the stock in the large-sized market cap class, and its dividend yield is greater than 75.53% of dividend yielding stocks in the same market cap class.
• In terms of opportunity, Toronto Dominion Bank's estimated return of 116.12% surpasses about 77.1% of dividend issuers we applied the dividend discount model to.
• In comparison to its fellow dividend issuing stocks in the Financial Services sector, Toronto Dominion Bank has an equity discount rate lower than 74.34% of them.

TD Dividends vs. Peers