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

Shares of TFI International Inc (TSE:TFI) have earned an average rating of “Buy” from the four analysts that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and two have given a strong buy rating to the company.

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

TFI International Price Performance

TFI International (TSE:TFI) last released 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 company had revenue of C$2.98 billion for the quarter, compared to analyst estimates of C$3.10 billion.

TFI International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.609 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This is a boost from TFI International’s previous quarterly dividend of $0.54. This represents a $2.44 annualized dividend and a yield of ?.