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

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

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

TFI International Price Performance

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

TFI International Increases Dividend

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