TFI International Inc (TSE:TFI) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of TFI International Inc (TSE:TFI) have been assigned a consensus rating of “Moderate Buy” from the five analysts that are covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and two have issued a strong buy rating on the company.

TFI has been the subject of a number of recent research reports. Wolfe Research raised TFI International to a “strong-buy” rating in a research note on Wednesday, October 9th. Stephens downgraded TFI International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 1st. 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 announced its quarterly earnings data on Monday, October 21st. The company reported C$2.18 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business 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. This represents a $2.44 dividend on an annualized basis and a dividend yield of ∞. This is an increase from TFI International’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Tuesday, December 31st.