TFI International Inc (TSE:TFI) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

TFI International Inc (TSE:TFI) has been assigned an average recommendation of “Moderate Buy” from the five research firms that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and two have assigned a strong buy recommendation to the company.

TFI has been the subject of several recent analyst reports. Cormark raised TFI International from a “hold” rating to a “moderate buy” rating in a research note on Monday, July 15th. National Bank Financial cut TFI International from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 26th. Stephens cut TFI International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Wolfe Research raised TFI International to a “strong-buy” rating in a research note on Wednesday, October 9th. Finally, Citigroup raised TFI International to a “strong-buy” rating in a research note on Wednesday, October 9th.

TFI International Stock Performance

TFI International (TSE:TFI) last issued its quarterly earnings data on Thursday, July 25th. The company reported C$2.34 EPS for the quarter, beating the consensus estimate of C$2.17 by C$0.17. The business had revenue of C$3.10 billion during the quarter, compared to analyst estimates of C$3.14 billion.

TFI International Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.54 per share. The ex-dividend date of this dividend is Friday, September 27th. This represents a $2.16 dividend on an annualized basis and a yield of ∞.