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

Shares of TFI International Inc (TSE:TFI) have been given an average rating of “Moderate Buy” by the five brokerages that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and two have issued a strong buy rating on the company.

A number of research analysts recently weighed in on the company. Citigroup upgraded TFI International to a “strong-buy” rating in a report on Wednesday, October 9th. Stephens lowered TFI International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Finally, Wolfe Research raised shares of TFI International to a “strong-buy” rating in a research report on Wednesday, October 9th.

TFI International Stock Performance

TFI International (TSE:TFI) last posted its quarterly earnings results on Monday, October 21st. The company reported C$2.18 earnings per share for the quarter, missing analysts’ consensus estimates of C$2.43 by C($0.25). The business had revenue of C$2.98 billion for the quarter, compared to the consensus estimate 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. Shareholders of record on Tuesday, December 31st will be given a $0.609 dividend. The ex-dividend date is Tuesday, December 31st. This is a positive change from TFI International’s previous quarterly dividend of $0.54. This represents a $2.44 annualized dividend and a yield of ∞.