TFI International Inc (TSE:TFI) Receives Consensus Rating of “Buy” from Analysts

TFI International Inc (TSE:TFI) has been assigned an average recommendation of “Buy” from the four brokerages that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold rating and two have issued a strong buy rating on the company.

Several research analysts have commented on the company. Citigroup raised TFI International to a “strong-buy” rating in a report on Wednesday, October 9th. Desjardins raised TFI International from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 9th. Wolfe Research raised shares of TFI International to a “strong-buy” rating in a research report on Wednesday, October 9th. Finally, Stephens lowered shares of TFI International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 1st.

TFI International Price Performance

TFI International (TSE:TFI) last released its quarterly earnings results on Monday, October 21st. The company reported C$2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of C$2.43 by C($0.25). The firm had revenue of C$2.98 billion for the quarter, compared to analysts’ expectations of C$3.10 billion.

TFI International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.609 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $2.44 annualized dividend and a dividend yield of ∞. This is a positive change from TFI International’s previous quarterly dividend of $0.54.