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

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

A number of equities research analysts have recently weighed in on the stock. Stephens downgraded shares of TFI International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Wolfe Research 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 report on Monday, December 9th. Finally, Citigroup upgraded TFI International to a “strong-buy” rating in a research report on Wednesday, October 9th.

TFI International Price Performance

TFI International (TSE:TFI) last issued its quarterly earnings data on Monday, October 21st. The company reported C$2.18 EPS for the quarter, missing analysts’ consensus estimates of C$2.43 by C($0.25). The business 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 will be paid on Wednesday, January 15th. Investors 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 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 ?.