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

Shares of TFI International Inc (TSE:TFI) have been given an average recommendation of “Buy” by the four research firms that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating and two have given a strong buy rating to the company.

Several research firms recently commented on TFI. Stephens cut TFI International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Wolfe Research upgraded TFI International to a “strong-buy” rating in a research report on Wednesday, October 9th. Citigroup raised shares of TFI International to a “strong-buy” rating in a report on Wednesday, October 9th. Finally, Desjardins raised TFI International from a “hold” rating to a “moderate buy” rating in a report on Monday, December 9th.

TFI International Price Performance

TFI International (TSE:TFI) last announced its quarterly earnings results on Monday, October 21st. The company reported C$2.18 EPS for the quarter, missing the consensus estimate of C$2.43 by C($0.25). The business had revenue of C$2.98 billion for the quarter, compared to analysts’ expectations of C$3.10 billion.

TFI International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.609 per share. This is a positive change from TFI International’s previous quarterly dividend of $0.54. This represents a $2.44 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Tuesday, December 31st.