TFI International (TSE:TFI) Upgraded at Wolfe Research

Wolfe Research upgraded shares of TFI International (TSE:TFI) to a strong-buy rating in a report released on Wednesday morning, Zacks.com reports.

TFI has been the subject of a number of other research reports. Citigroup upgraded shares of TFI International to a strong-buy rating in a research report on Wednesday. Stephens downgraded shares of TFI International from a strong-buy rating to a hold rating in a research report on Tuesday, October 1st. Cormark upgraded shares of TFI International from a hold rating to a moderate buy rating in a research report on Monday, July 15th. National Bank Financial downgraded shares of TFI International from a strong-buy rating to a hold rating in a research report on Friday, July 26th. Finally, Desjardins cut shares of TFI International from a moderate buy rating to a hold rating in a research note on Wednesday, July 17th. Three equities research analysts have rated the stock with a hold rating and two have given a strong buy rating to the stock. According to data from MarketBeat, TFI International has an average rating of Moderate Buy.

TFI International Price Performance

TFI International (TSE:TFI) last issued its quarterly earnings data on Thursday, July 25th. The company reported C$2.34 earnings per share (EPS) for the quarter, topping the consensus estimate of C$2.17 by C$0.17. The firm had revenue of C$3.10 billion for the quarter, compared to analysts’ expectations of C$3.14 billion.

TFI International Cuts Dividend

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