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

TFI International Inc (TSE:TFI) has earned an average recommendation of “Buy” from the four analysts that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and two have assigned a strong buy recommendation to the company.

TFI has been the topic of a number of recent research reports. Wolfe Research raised TFI International to a “strong-buy” rating in a report on Wednesday, October 9th. Stephens cut shares of TFI International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Desjardins upgraded shares of TFI International from a “hold” rating to a “moderate buy” rating in a research report on Monday, December 9th. Finally, Citigroup raised shares of TFI International to a “strong-buy” rating in a report on Wednesday, October 9th.

TFI International Stock 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 analysts’ consensus estimates of C$2.43 by C($0.25). The company had revenue of C$2.98 billion during the quarter, compared to analysts’ expectations of C$3.10 billion.

TFI International Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.609 per share. This represents a $2.44 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend was Tuesday, December 31st. This is a positive change from TFI International’s previous quarterly dividend of $0.54.