TFI International Inc (TSE:TFI) Given Average Rating of “Buy” by Brokerages

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

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

TFI International Stock Performance

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

TFI International Increases Dividend

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